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Latest News & Updates from Butterfly Residential

The number of millionaires in Spain up 5.4% since 2011

The number of millionaires in Spain up 5.4% since 2011

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.
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Growing interest in Marbella's luxury property market

Growing interest in Marbella's luxury property market

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,
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Tom Hanks selling luxury Los Angeles property

Tom Hanks selling luxury Los Angeles property

Tom Hanks is hoping to find a buyer for his Los Angeles home which he purchased over 20 years ago shortly after his success in comedy movie 'Big.'
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Campbell’s Soup Luxury Estate on the Market

Campbell’s Soup Luxury Estate on the Market

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.
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US luxury home market heating up

US luxury home market heating up

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.
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Beijing’s Luxury Home Prices at 17-Month-High

Beijing’s Luxury Home Prices at 17-Month-High

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.
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Singapore: Popular Luxury Investment Destination

Singapore: Popular Luxury Investment Destination

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.
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Israel Enjoys Surge in Real Estate Prices

Israel Enjoys Surge in Real Estate Prices

Despite the ever-present threat of regional conflict, Israel has been enjoying a surge in real estate prices of late, driven by the country's booming
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Luxury home price growth in Asian slowing

Luxury home price growth in Asian slowing

Luxury home prices in Asia posted further gains in the first quartet of 2012 but the rate of growth has eased as government property cooling measures
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Dubai Property Revival Gathers Pace

Dubai Property Revival Gathers Pace

Home prices in Dubai are climbing, with the average sale price of mid-range villas soaring 47 percent in the year to May and mid-range apartment prices advancing 32 percent, according to data compiled by Cluttons LLC.
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London Property Prices Set to Continue Rising

London Property Prices Set to Continue Rising

Over the next decade new build homes in Lambeth, Finsbury Park, Shepherds Bush and Shoreditch in London could be worth an average of  £2,000 per
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New Residency Laws May Affect Spain’s Luxury Property Market

New Residency Laws May Affect Spain’s Luxury Property Market

Spain has confirmed the enforcement of automatic residency rights on the 1st of January 2014 to foreigners who spend €500,000 or over on propert
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