
"After the ongoing uncertainty of the past few years, prime residential markets are now going from strength to strength, with prices broadly outperforming earlier predictions. After Covid-19 sent buyers heading for the countryside with longings for space, seclusion, and privacy being key driving forces behind new property sales, the masses are now back in cosmopolitan hubs - and price points reflect that. In the first half of 2025, Savills reports that average global prime residential capital values grew 0.7 percent, while rents increased 2 percent, signaling that demand from affluent buyers and renters remains robust."
"with the French principality long regarded as a playground for the global elite. But what exactly is it that makes Monaco's property market so expensive? Firstly, its size: spread across a minuscule 0.8 sq miles (making it smaller than New York City 's Central Park), Monaco is beaten only by the Vatican City in the battle to be crowned the world's smallest country, putting prime real estate in h"
Global prime residential markets have strengthened after recent uncertainty, with prices broadly outperforming earlier predictions and affluent demand remaining robust. Post-Covid migration favored countryside space and privacy, but buyers and renters are returning to cosmopolitan hubs, pushing price points higher. In the first half of 2025, average global prime residential capital values rose 0.7 percent while rents increased 2 percent. Some regions remain resilient despite political unrest or pandemics, with extreme land scarcity and concentrated wealth driving exceptionally high prices in microstates and premier city markets such as Monaco.
Read at Elite Traveler
Unable to calculate read time
Collection
[
|
...
]