The Cote d’Azur is the world’s most successful luxury residential enclave, according to a new report by Candy & Candy, Savills and Deutsche Asset & Wealth Management that charts the top 20 prime residential enclaves where UHNWIs are now buying leisure properties.
The Candy GPS Report identifies over 60 “international leisure hotspots”, and charts the most successful based on global reach, real estate values, exclusivity and luxury tourism.
The top 20 is dominated by Europe (nine entries) and the US (five entries), and consists largley of “old money” play destinations with sun commanding much higher prices than snow.
- Read Part One of the Candy GPS Report, Yolande Barnes on what’s driving the market for luxury enclave properties, here.
- Read Part Two of the Candy GPS Report here, for Paul Tostevin and Yolande Barnes’ regional breakdown of the luxury enclave market.
- Part Three, Deutsche Bank’s Balaji Prasanna guide to buying a second home overseas, is here.
- Part Four features words of advice on where to buy what from those in the know. It’s here.