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The Daily Mail has reported that the luxury 88.5 metre-long mega-yacht Nirvana has gone on the market for £200 million, sparking a bidding war between the world's super-rich.
The luxury property market in Rio de Janeiro, Brazil, is booming. Since the onset of the financial crisis, many industry insiders say that Brazil has become the smart choice for investors.
ESPITE the economic doom and gloom, the rich are getting richer, and some of them are Spanish. Last year there were 144,600 individuals in Spain with assets of $1 million.
The luxury residence of Campbell's billionaire Jack Dorrance has gone on the market more than 20 years after his death, according to this report from The Daily Mail.
The U.S. luxury home market is being driven to new heights by relatively low prices, low interest rates and a more stable economy than in many countries, experts say.
Marbella still retains its image as a top-class luxury destination and is known worldwide. The situation in Marbella has not only returned to normal but there are also now signs that Marbella is once again becoming a first class international resort,
The much reported slowdown in the Singapore property market has not damaged the city state’s reputation as one of the world’s most attractive luxury investment destinations and savvy international buyers are still drawn to high-end projects.
The average price of Beijing’s luxury homes excluding town houses jumped to the highest in 17 months in May, as wealthy buyers favoured bigger properties under the government’s purchase restrictions, a local agency said.
