Luxury Real Estate Blog and News
High net worth individuals from around the world have been competing to buy a piece of paradise in Australia at a bargain price. The lavish Orpheus island resort on the world famous Great Barrier Reef which has hosted celebrities such as singer Elton John and actress Vivien Leigh has been on sale for just AU$10 million, some five million less than it was bought for five years ago.
Song Saa Private Island, Cambodia’s first luxury private island resort has recently completed the first mock-up villa.
Favourable exchange rates are encouraging Chinese buyers to purchase in London as it effectively means a discount of 20% because of the weakness of Sterling.
Philippines is experiencing the best days since its 1990’s Ramos era in the property sector; the country is driven by a strong demand and investments as it becomes one of the top favorites in the region, alongside Vietnam and Indonesia, according to property management group CB Richard Ellis Philippines.