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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.
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 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.
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.
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.
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.
