When you think of luxury living on the move, the first thing that comes to mind is probably a luxury yacht. A new concept of such a lifestyle can now be found with a twist: luxury living “on the road”, an innovative creation on six wheels. The most expensive high-end mobile home has been sold in Dubai for $3 million! The home is complete with comforts and endless forms of entertainment. The engineers of Marchi Mobile, the creators of this…
Moscow holds the title as the country’s capital as well as the main economic and financial center of the Russian Federation with over 12 million citizens. The city’s suburbs are the most widespread of the country. In recent months redevelopment projects have been devised in order to attract more real estate investors to the country. The Russian mayor, Sergey Sobyanin, in office since 2010, has declared that “the majority of Muscovites live in residential areas that have been formed hand…
The Berkeley real estate group in London has recently received preliminary approval for the development of 1,800 residences in the area in which the News International publishing site was once situated. The project, known as “London Dock”, is set to take shape in the formerly known “Fortress Wapping” where Rupert Murdoch’s editorial group was based for over 25 years, the headquarters for noted newspapers such as “Times”, “Sunday Times”, “The Sun” and “News of the World”. One of Britain’s most…
According to the French daily newspaper Le Figaro , the sovereign fund of the emirate of Abu Dhabi is to sign the acquisition of a number of luxury properties throughout France. Concentrating mainly on apartments and commercial businesses in Paris and Lyon. In fact, last December the sovereign fund purchased part of the business Docks Lyonnais, owner of a remarkable real estate portfolio, that forms part of the bank UBS. Amongst the recent purchases include a wonderful building destined to…
The latest data regarding the real estate market in Miami has revealed that the sales of homes are continuously rising and that they will continue to do so until at least the end of next year. The number of sales have in fact increased by 20% in comparison to 2012. According to one of the most noted real estate agencies in the US, Douglas Elliman, the average sale price for a home has risen to $240,000 (around €176,000) in the…
The real estate market in Paris is constantly evolving. In 2012 the real estate sales dropped drastically after two years of rapid growth, in which the French capital almost became a “European hub” together with London. The political and economic situation in France rendered the country less desirable to both national and international investors. In fact, there was a lot of uncertainty tied to both the general elections and president Hollande’s announcement to reform tax on higher income and introduce…