Luxury Real Estate in 2021
Luxury real estate is one such segment that attracts everyone and also, a hidden dream of many. After all, who doesn’t want to own a beautiful house at a posh location with all advanced facilities? Every luxury buyer has different preferences for the property of his dreams. According to Sotheby’s International Realty’s 2021 Luxury Outlook Report, the most important facilities for luxury buyers today are nearby parks or private outdoor space and additional square footage for remote work & education.
The report also highlights a significant trend among high net worth individuals who are investing in large compound-type properties. These properties are usually second or third homes where multi-generational families can gather safely with lots of room for individual privacy.
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