""We are seeing buyers using the generous plot sizes to create homes that cater to multigenerational families. Compared with many resort developments, these notably larger plots provide the space required to design homes that comfortably accommodate evolving family structures all under one roof.""
""The off-plan villas offer buyers the opportunity to personalize finishes and adapt layouts to suit their individual needs, a level of flexibility that is increasingly valued in the luxury residential market.""
Ultra-high-net-worth families are increasingly commissioning homes that accommodate multigenerational living, moving away from traditional second homes. These residences allow grandparents, children, and grandchildren to gather under one roof. The design of high-end properties is evolving to include larger plots, customizable architecture, and lifestyle amenities tailored to extended families. This trend is influenced by a significant generational wealth transfer, with an estimated $84 trillion expected to pass between generations, prompting families to focus on long-term assets and legacy planning.
#luxury-real-estate #multigenerational-living #wealth-transfer #customizable-homes #family-oriented-design
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