'Luxury Defined' Global Report Price of Luxury

Relative Values: What Does $5 Million Buy?

Around the world’s luxury residential real estate markets, the spectrum of properties in the $5 million category differs as dramatically as the locations

Though the average price of a luxury home in the premier residential real estate markets of London, New York, Los Angeles, San Francisco, Paris, and Sydney starts in excess of $3 million, affluent homebuyers looking to invest in smaller and emerging luxury residential markets still have significant purchasing power.

Around the world, the properties available in the $5 million category can differ dramatically. In the top global cities, a $5 million property can range from an elegant flat in London’s Belgravia to a contemporary Harbourside estate in Sydney. For home-seekers looking to invest in smaller cities and suburbs, emerging, second-home, and resort markets, or in an experiential property that comes complete with its own luxury lifestyle, a remarkable array of real estate offerings await. Among the exciting options are vineyard estates in Bordeaux, France, and Chianti, Italy; equestrian estates in Petrópolis, Brazil, and New Canaan, Connecticut; golf properties in Lisbon, Portugal, and Punta Cana, Dominican Republic; and resort-style hideaways in Mykonos, Greece, and Montego Bay, Jamaica.

Explore the levels of luxury available to buyers with $5 million to spend.

Properties between 1,000 and 4,000 sq. ft.

1) London, England
<strong>2 Bedrooms, 1,319 sq. ft.</strong><br/>Exemplary light and bright flat in West Eaton Place
2) Hong Kong
<b>3 Bedrooms, 1,567 sq. ft.</b><br/>Unique mid-rise apartment with tasteful décor
3) New York, New York
<b>2 Bedrooms, 1,917 sq. ft.</b><br/>Fully-renovated midtown west apartment
4) Paris, France
<b>3 Bedrooms, 2,287 sq. ft.</b><br/>Duplex apartment in the 6th arrondissement
5) Sydney, Australia
<b>4 Bedrooms, 3,000 sq. ft.</b><br/>Grand contemporary estate in Vaucluse
6) Kailua-Kona, Hawaii
<b>4 Bedrooms, 3,405 sq. ft.</b><br/>Hawaiian custom home in Kukio with ocean views
7) Côte d’Azur, France
<b>5 Bedrooms, 3,444 sq. ft.</b><br/>Provencal villa in St. Paul de Vence
8) Telluride, Colorado

9) Beverly Hills, California
<b>3 Bedrooms, 3,932 sq. ft.</b><br/>Luxurious contemporary Hollywood Hills estate

Properties between 4,000 and 6,000 sq. ft.

10) St. James, Barbados
<b>4 Bedrooms, 4,330 sq. ft.</b><br/>Stunning Caribbean retreat with ocean views
11) Orange County, California
<b>5 Bedrooms, 4,400 sq. ft.</b><br/>Elegant Newport Coast estate with ocean view
12) New Canaan, Connecticut
<b>5 Bedrooms, 4,803 sq. ft.</b><br/>Charming farm estate on 2.6 acres
13) San Francisco, California
<b>4 Bedrooms, 4,813 sq. ft.</b><br/>Mid-century home with Golden Gate Bridge view
14) Bordeaux, France
<b>5 Bedrooms, 5,000 sq. ft.</b><br/>A magnificent 17th-century Bordeaux château
15) Vaud, Switzerland
<b>7 Bedrooms, 5,382 sq. ft.</b><br/>Picturesque estate in Lutry with beautiful lake views

Properties between 6,000 and 10,000 sq. ft.

16) Hamptons, New York
<b>6 Bedrooms, 6,000 sq. ft.</b><br/>Resort-style retreat in Wainscott South
17) Olympic Valley, California
<b>6 Bedrooms, 6,000 sq. ft.</b><br/> Grand timbered mountain estate
18) Aerdenhout, Netherlands
<b>6 Bedrooms, 6,135 sq. ft.</b><br/>Grand Tudor-inspired country house
19) Miami, Florida
<b>6 Bedrooms, 6,475 sq. ft.</b><br/>Custom-built waterfront masterpiece in Coral Gables
20) Durban, South Africa
<b>3 Bedrooms, 6,748 sq. ft.</b><br/>Beautifully maintained Art-Deco mansion
21) Mykonos, Greece
<b>6 Bedrooms, 6,996 sq. ft.</b><br/>Stunning villa above the new port of Mykonos
22) Punta Cana Resort, Dominican Republic
<b>7 Bedrooms, 7,000 sq. ft.</b><br/>Tropical contemporary and golf-front villa
23) San Luis Obispo County, California
<b>3 Bedrooms, 7,000 sq. ft.</b><br/>Tuscan-style vineyard estate on 40 acres
24) Paradise Valley, Arizona<b>4 Bedrooms, 8,784 sq. ft.</b><br/>Gorgeous Mediterranean/European villa perched on Camelback Mountain hillside with stunning views.
25) Tuscany, Italy
<b>8 Bedrooms, 8,718 sq. ft.</b><br/>Historic villa in Chianti
26) Vero Beach, Florida
<b>6 Bedrooms, 9,000 sq. ft.</b><br/>Private oceanfront resort on 1.2 acres
27) Portland, Oregon
<b>5 Bedrooms, 9,168 sq. ft.</b><br/>Grand 1.4-acre estate in Portland Heights
28) Ketchum, Idaho
<b>5 Bedrooms, 6,066 sq. ft.</b><br/>This mountain modern home is perched hillside on 4.5 acres in a private mid valley gated community, with incredible views in all directions.

Properties over 10,000 sq. ft.

29) Rio de Janeiro, Brazil
<b>4 Bedrooms, 10,763 sq. ft.</b><br/>Bucolic retreat on 15 acres
30) Orlando, Florida
<b>6 Bedrooms, 11,650 sq. ft.</b><br/>Custom Deer Island home on a 1.75-acre peninsula
31) Toronto, Ontario, Canada

32) Cornelius, North Carolina
<b>5 Bedrooms, 12,482 sq. ft.</b><br/>Mediterranean-style villa with Lake Norman views
33) Lisbon, Portugal
<b>6 Bedrooms, 13,777 sq. ft.</b><br/>Magnificent villa in Cascais near the golf course
34) Cartagena, Colombia
<b>12 Bedrooms, 16,522 sq. ft.</b><br/>18th-century republican house with renovated contemporary interiors
35) Monterrey, Nuevo León, Mexico
<b>5 Bedrooms, 17,222 sq. ft.</b><br/>Five-bedroom home with city and mountain views
36) Montego Bay, Jamaica
<b>10 Bedrooms, 20,000 sq. ft.</b><br/>L'Dor V'Dor waterfront family compound