We asked the experts from the Christie’s International Real Estate global network for market insights into luxury housing in some of the hottest vacation destinations in the world.
From the Côte d’Azur to the Costa Smeralda, from Maine to British Columbia to the Balearic Islands and back again, the message was clear. Luxury homes, it turns out, obey the rules of economics, that dismal science: Lots of people want to buy them, only so many are for sale at any given time, and—like the morning sun—the price also rises.
Luxury homes, like the balmy, perfect days of summer 2023, may be in limited supply, but they do exist. Ready buyers and willing sellers are out there, waiting to meet. For a price.
Herewith, this edition of Luxury Defined looks at Summer ’23’s hottest vacation markets, and some of their coolest properties.