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The 2023 Observatory findings must already be adjusted to excess: properties for sale above 10 million euros are still growing
We don't even have time to talk about our 2023 Observatory which we are already forced to retouch the data contained. The cause is the significant growth in valuable properties for sale with a value over 10 million euros. In fact, when the Observatory was released (May 2023), there were 64 units of properties of this type. A few months later (September 2023) the number grew further: 82 properties. Yet another sign of a world, that of luxury real estate, that knows no crisis.
Who chooses to buy luxury residences? Here is the target
As you can imagine, the purchase of luxury properties with a value exceeding 10 million euros is a choice that involves a very specific audience. Those looking for these residences are often looking for much more than just a house. These are an elite group of high spenders, often even members of the international jet set, who desire a dream combination in terms of comfort, prestige and lifestyle. These properties of such high value manage to simultaneously offer large spaces, unique architectural details, breathtaking views and exclusive services that meet the expectations of the most demanding buyers.
Furthermore, those willing to invest in a residence of this caliber often also look for a certain privacy and security. The purchase of a luxury property can therefore be the ideal solution in this direction, to live your life peacefully away from the spotlight that your social position imposes.
Lombardy leads the luxury race
Although interest in these properties is increasing throughout the country, Lombardy confirms the Observatory's data and continues to lead the way in properties with a value over 10 million euros, contributing with almost 30% of all listings . The reference locations can be imagined: Milan, but also Lake Como and Lake Maggiore. In second place is Tuscany, with its amazing Apennine castles or splendid villas on the coast. Finally, third position goes to Sardinia, with dream villas located between Arzachena, Olbia and Stintino.
The signal is clear: luxury does not tend to stop
Faced with these data, the trend is quite evident: the increase in properties for sale with a value exceeding 10 million euros on Luxforsale reflects a growing demand for luxury residences in Italy. This trend is driven by individuals who find in Italy and its architectural beauties the right mix of privacy, luxury and services, whatever the cost.
We don't even have time to talk about our 2023 Observatory which we are already forced to retouch the data contained. The cause is the significant growth in valuable properties for sale with a value over 10 million euros. In fact, when the Observatory was released (May 2023), there were 64 units of properties of this type. A few months later (September 2023) the number grew further: 82 properties. Yet another sign of a world, that of luxury real estate, that knows no crisis.
Who chooses to buy luxury residences? Here is the target
As you can imagine, the purchase of luxury properties with a value exceeding 10 million euros is a choice that involves a very specific audience. Those looking for these residences are often looking for much more than just a house. These are an elite group of high spenders, often even members of the international jet set, who desire a dream combination in terms of comfort, prestige and lifestyle. These properties of such high value manage to simultaneously offer large spaces, unique architectural details, breathtaking views and exclusive services that meet the expectations of the most demanding buyers.
Furthermore, those willing to invest in a residence of this caliber often also look for a certain privacy and security. The purchase of a luxury property can therefore be the ideal solution in this direction, to live your life peacefully away from the spotlight that your social position imposes.
Lombardy leads the luxury race
Although interest in these properties is increasing throughout the country, Lombardy confirms the Observatory's data and continues to lead the way in properties with a value over 10 million euros, contributing with almost 30% of all listings . The reference locations can be imagined: Milan, but also Lake Como and Lake Maggiore. In second place is Tuscany, with its amazing Apennine castles or splendid villas on the coast. Finally, third position goes to Sardinia, with dream villas located between Arzachena, Olbia and Stintino.
The signal is clear: luxury does not tend to stop
Faced with these data, the trend is quite evident: the increase in properties for sale with a value exceeding 10 million euros on Luxforsale reflects a growing demand for luxury residences in Italy. This trend is driven by individuals who find in Italy and its architectural beauties the right mix of privacy, luxury and services, whatever the cost.
