In this article, we’ll discuss the numbers, opportunities, and challenges of investing in international luxury real estate and certain regulations in various countries. If you’re looking to make an impact on the world of international luxury property, whether through buying or selling, read on!

The Stats Behind the International Mansion

Due to the highly changing and evolving nature of the luxury real estate market catering to the needs of high-net-worth individuals (HNWIs), we’re aware that exclusive and high-end properties that fit their desires may be hard to come by. Add to that the changes in the global economy and legal regulations behind purchases and sales; the luxury market has stayed resilient, with several luxury properties selling at a premium rate.

One of the main drivers of luxury market growth is the growing number of HNWIs internationally. According to a recent report by Knight Frank, the number of these high-net-worth individuals will increase to 2.7 million by 2025, an increase of about 20% from 2020. As the supply grows, the demand for international luxury properties will as well.

The Current Luxury Market Opportunities

Due to the state of the current luxury market, there are opportunities for both buyers and sellers, especially in terms of learning about the laws and regulations behind sales and purchases. Laws will be different based on geography and location. For example, if properties are oceanfront homes, mountain retreats, or urban penthouses. And if these homes are used to generate rental income when they’re not being used as vacation homes, more laws will come into effect.

For sellers, their properties will grow in value over time, contributing to them becoming a solid investment. A luxury property that’s sold at a premium price will continue to grow in value as areas become more well-known and populated. With the right strategies in place, anyone can understand and navigate the international luxury property market.

Understanding regulations and legal requirements

When selling international luxury properties and buying as well–even if you’re working with an agent–it’s vital to understand and know the regulations and laws in the market. We’re talking about taxes, ownership laws, and the transfer of ownership procedures. It’s recommended to hire a local attorney and local real estate agent who has extensive knowledge of the local luxury market and knows the regulations, so they can be your guide and support through the process.

Legislation Around The World

Let’s get into some of the more general aspects of laws and regulations around the world when it comes to luxury properties so you can be protected when you decide to take the leap yourself.

Legislation in Italy

What is a luxury property in Italy?

With the lens of a legal and fiscal perspective, the Italian luxury property climate of real estate involves castles, as well as other historic property types like historic villas, mansions, and palaces. For example, look at these luxury properties for sale in Italy: Villa Romanelli and Villa Gavazzini. Because it’s Europe, expect rich history, royal generation footprints, and overall picturesque beauty.

Before signing any paperwork, double-check the legal and fiscal category of the property. This changes based on the type of property. If you need advice on managing property services or information, you can search for Italian real estate law practices. We always recommend hiring a lawyer and a local agent first.

Legislation relating to Italian luxury property

Italian law details the purchase tax and annual municipal tax rates on luxury properties in Italy. Many people believe that luxury homes are very large; in terms of European standards, many aren’t. They might have a lot of land but not necessarily property square footage. Real estate location, cultural value, and quality of finishes will also categorize the property in terms of luxury standards.

Buying a luxury property means that, as a buyer, you won’t be able to receive specific benefits around property registration tax. And once you become the owner of the property, you will not qualify for municipal tax deductions and exemptions–keep this in mind when you buy.

According to an official government website, “Italian law uses two sets of guidelines to determine luxury property: Ministerial Decree 2/8/69 and cadastral criteria.”

Legislation in France

Purchasing Property

When locating the ideal pied à terre in France, you will need to employ a real estate agent (“agent immobilier”). If American buyers feel confident with their French and speak with ease, they may also be keen to venture by themselves and directly purchase from an owner.

Regardless, once a purchaser selects their property, both properties agree on a purchase price, and both the buyer and seller will sign a contract also called the “promesse de vente” or a “compromise de vente.” The buyer will then make a deposit that’s worth 5-10% of the purchase price. Carefully read the contract so you don’t have to worry about any issues in the future. The prospective buyer will have a seven-day resting period during which they can void the preliminary contract.

Because things move slowly in France, after the signing of the contract, it may be a few months before both parties sign the final sales agreement, and the buyer can then own a piece of French property (“bien immobilier”).

Legislation in the Dominican Republic

As foreign buyers in the Dominican Republic (DR), foreigners are granted the same ownership rights as Dominican citizens. However, there are certain zones called Restricted Zones that are off-limits to foreigners, although there are some exceptions. Apart from these restricted areas, foreigners can purchase, own, and sell real estate without any other legal requirements. This is a huge advantage to buyers invested in the country’s real estate market.

The post Legal Considerations for International Luxury Real Estate Transactions appeared first on Platinum Luxury Auctions.

Mansion auctions can take place internationally, even in cities where you wouldn’t normally expect to have luxury. Wondering which places are at the top of our list? Keep scrolling to discover some of the greatest luxury real estate locations we’ve chosen as positive investments for your future home.

1. Colorado

Falling in love with Colorado is only encouraged by the look and majesty of her mountains. Known to house over seventy-five percent of the country’s land above 10,000 feet. Colorado, in its history and present-day position, is defined by its high peaks, precious metals, and an outdoor adventure mecca that adventure seekers gravitate to in throngs. The Rockies of course offer one of the most stunning views in the world with an array of peaks, meadows, lakes, and wilderness. Imagine your luxury property situated among all this natural beauty. But that’s not all. The San Juan Mountains in the southwest feature quaint mining towns in Telluride, Ouray, and Silverton, all of them linked by a network of stunning mountain roads.

Living in Colorado is deciding to live in the beauty of all the seasons. Whether summer or winter, fall or summer, Colorado provides the adventure and dynamic living you want. For skiers, there are tons of perfect mountains, and for those who love rafting, fly-fishing, hiking, and biking, you’re in one of the best locations in the world. Living here is living in the lap of luxury and adventure.

2. Tennessee

Tennessee is a great haven for luxury property owners or potential luxury mansion owners seeking an unforgettable retreat, whether you’re looking to explore the Great Smoky Mountains or listen to some of the best live music in the world in Nashville, Tennessee. Luxury properties in this southern US state are known for their luxury amenities, five-star services, restaurants, and retailers, and easy access to popular sites and attractions. It’s an attractive destination for those who enjoy the finer things and love to travel–there is so much to see and experience here.

You can’t talk about Tennessee without discussing Nashville. Offering a vibrant and diverse spectrum of activities for visitors and residents, the best things to do in the Music City include discovering the history and honky-tonks you can find on Broadway including the Country Music Hall of Fame and Museum, and delving into the genre’s exciting history. Take a tour of the various iconic establishments and enjoy live music nearby your luxury property.

3. Georgia

Georgia is known to be the classic image of the Deep South. Georgia’s property rates are a steal and feature elements of the quintessential southern charm from its people to its properties. Atlanta, the Golden Isles, and Savannah’s magic are just a few of the highlights of one of our most beloved states. One of the last of the 12 original colonies, Georgia was established by the British to keep the Spanish out. The founder and enterpriser, James Oglethorpe, had a vision that we can see as proof in the beautiful cityscapes of Savannah. If you’re a fan of history, Georgia is sure to fulfill your history itch.

Being one of the most dynamic and successful cities in America, its luxury properties hold up that appeal. With a beautiful natural environment, delicious southern eats, luxury amenities, and top-of-the-line features, Georgia is sure to impress.

4. California

Whether you’re in the market for a property that’s a relaxing abode, an exciting port for activities, or just a luxury property you call home, California has all that and more. You’ll find gorgeous spas and resorts all along the geography of California, from San Diego to Los Angeles to wine country. If you’re looking for a special and unique culinary experience, California tops the list as well, holding more Michelin stars than any other state in the union. It’s a state known for its innovation more than its tradition.

If you’re looking to find a place to network and make business deals, golf enthusiasts will be pleased to find themselves playing amongst the same pros they see on television, with destinations ranging from Greater Palm Springs to Pebble Beach. Shopping is famous here too. Find your California apparel at designer boutiques in the OC, Beverly Hills, and San Francisco.

5. Florida

We can’t leave Florida off this list. Most of our properties are featured in this sunshine state known for its oranges and sunny skies. Luxury homes in Miami, for example, are some of the world’s most expensive properties. The real estate market here in this tropical state is filled with condos, which drives up the price of single-family homes. You’ll be pleased to discover that Florida is quickly becoming a major cultural and business hub, with international investors demanding their piece of the pie. There are beaches, yachts, the best nightlife, fashion, upscale dining and shopping, pro sports, and warm weather all year round. Your multi-million dollar home is here.

7. Italy

Italy is known for its food, views, friendly people, and luxury villas. No wonder it’s the fourth-most visited country in the world. If you’re looking to rent out your luxury property, that’s great news. Even rural areas in Italy are drumming up good business so you can sustain your luxury lifestyle while off the beaten path.

Enjoy Italy’s Mediterranean climate, featuring cool wet winters and hot, dry summers. Enjoy the coasts of Sicily and Sardinia, and explore the beauty and vastness that is Italy. Your next luxury villa can only be found in this historic, magnificent country. See our Italy luxury properties available, Villa Romanelli and Villa Gavazzini.

Get the Most Value for Your Luxury Listing with Help from Platinum Luxury Auctions

The location of your luxury property may be in one of the above destinations. Wherever you’re drawn to, Platinum Luxury Auctions can help you find a buyer–fast (within 30-45 days). Contact us to find out more.

The post Global Luxury Real Estate Destinations: Where to Buy Your Next Mansion appeared first on Platinum Luxury Auctions.

The Kenzo House near Bastille

Designed by Japanese fashion designer Kenzo Takada, this hidden gem in the Bastille district of Paris was created over 30 years ago. Walking into this Zen paradise, it’s situated in the courtyard of an 18th-century apartment complex, with four levels, spaced at 14,000 square feet, and fortified with cedar wood. With an inner courtyard and terraces featuring dozens of plants, it took 7 years for the luxury property to be done featuring Japanese imports.

This spot is replete with nature and the luxury of living in it. With gardens, terraces, patios, and a brook flowing through the garden, it’s a great escape from the hustle and bustle of Paris close by. The words to describe this paradise would be expansive, brilliant, and intelligently designed. The property features two separate areas for guests and living spaces, including private areas for more intimate gatherings. The Kenzo House also includes two different living rooms, two dining rooms, two kitchens, a study, a music space, four suites, and three exclusive studios. It also boasts a gym room, an elevator, and three parking spaces. The condition is impeccable. This property is one you’d likely find at a mansion auction.

Villa NEO

With classic and chic geometric dimensions, sleek interiors, and vibrant outdoor areas the Villa Neo is an edgy modern escape on the Caribbean island of Saint Barthélemy. Find it in the hilltops of Saint Jean, with views towards the renowned hotel Eden Rock, the Bay of Saint Jean, and the Atlantic Ocean.

This luxury property doesn’t go unrewarded. Voted Best Private Villa at the 2018 Boutique Hotel Awards, the Villa is virtually a work of art–a contemporary masterpiece, some would say. Designed by architect Patrick Raffeneau, the interiors boast several levels with tons of space for the natural light to step in through glass walls and make a perfect picture frame for the ocean expanse beyond.

Villa Neo was custom-built by craftspeople who worked hard to reimagine the luxury villa and created an environment of the utmost comfort and luxury. While elegant and artistic, the wood keeps its ground featuring wood, marble, and leather–all incredible additions to the ambiance.

With a glass staircase welcoming you into the Villa Neo, the home is a masterpiece, featuring a waterfall in the background. You’ll see an elevator in the entrance hall as well, which opens into a two-story living room boasting a terrace on one side with a patio on the other. In the center lies an infinity pool that’s set against the sea and the sky, has a swim-up bar for drinks and parties, and submerged seating. Other elements for the best party include a barbecue grill and a Jacuzzi under palm trees.

The living room and dining room feature two professional-grade kitchens, one for you and one for a professional chef. 

Those who love to host will welcome the fact that the villa can accommodate up to 12 guests with privacy and security, living in luxury. With six bedrooms, two on the ground floor, one on the patio and near the tropical garden, and the other three suites on the upper floors. Each contains its own beautiful bathroom, dressing room, and exclusive terrace for the views.

This villa features an incredible set of amenities for ultimate relaxation and fun. Featuring a nightclub and bar and billiards, a gym room, and a hammam with a steam room, you’ll never be bored here. If you’re a fan of entertainment and business, you will appreciate the media space, office, and private parking for up to 7 cars. In this villa, expect comfort, nostalgia, and relaxation in St Barths.

 The Mansion in Dubai Hills

The Dubai Hills Villas is a collection of villas in the Dubai Hills Estate, a community in Dubai, United Arab Emirates. Created with the help of Emaar Properties, the main pulls to this luxury property boast cozy comforts and sheer elegance. The modern hits of architectural gems and classy finishes push it over the edge to brilliance.

The Villas are created for the owner and guests to revel in the views of the environment, including the lush golf course and the Dubai horizon. With large living areas and bedrooms to relax and private gardens to get your nature fix in your own home, you’ll be pleasantly surprised to find there are also functional living spaces up to date with modern technology including professional-grade kitchens and large walk-in closets.

When it comes to amenities, the mansion does not disappoint. Residents are welcome to take part in the 18-hole championship golf course, including other facilities like pools, fitness centers, and parks. In the community, one can access entertainment and food, and other services like schools and hospitals. Everything a family or individual needs resides in the community.

A Farm on a Beach in Porto Seguro, Bahia, Brazil

This farm is almost hidden by the amount of nature surrounding it. Right by the ocean, featuring organic pools, it’s one of the most scenic beaches in the country of Brazil. If you’re in the mood for privacy, this deserted beach is where it’s at. All the comfort and amenities you need are here on this beautiful farm boasting rustic touches and design. The property is large, with a surface area of 1,700,000 square meters and 1km and 200m of beach property as an extension. The property itself has 9 houses for the owners and guests and each room is furnished for immediate move-in. If one is looking to have staff on-site, there are accommodations in eight houses. The property also has a tennis and volleyball court for sports activities, as well as a soccer field and gym. Adding to the amenities is a helipad and two generators that power the entire farm. There’s also a water reservoir with underground irrigation.

A Royal Mansion in Caesarea, Israel

Expect a beautiful royal and regal property that was built in the shadows of Baroque and Rococo architecture. In Caesarea, Israel, this residence overlooks the Mediterranean Sea. With several brilliant amenities and 2.71 acres, the property features a private spa and fitness room, saunas, a relaxation area, natural gardens, 2 fountains, an indoor pool, Roman sculptures and columns, and a huge outdoor pool with built-in stereo and outdoor TV screen.

Looking to buy a luxury home? See our current Luxury Auctions ® available.

The post Here Are 5 of The Most Recent Ultra-Luxury Properties For Sale Around the World appeared first on Platinum Luxury Auctions.

Luxury real estate auctions are a selling strategy that shortens the amount of selling time which is part of what makes it increasingly popular among sellers. The process is done in partnership with an auction firm that markets the property to highly qualified buyers and ensures that the auction process, and transaction, run smoothly. In the 4th quarter of 2021, new listings for luxury properties grew by 15.8% compared to previous years, with many of these listings using real estate auctions to ensure success. Of course, these numbers vary from city to city, so we’ve compiled the cities that have the most luxury real estate auctions as well as the source of the increase.

New York City, New York

Manhattan, located in New York City, has some of the most expensive real estate in the United States, even with regards to mid-size or affordable real estate. The top listing for New York sold for $90,000,000, and although that was sure to be an impressive property, you won’t get the square footage that you see in other areas of the country. Still, because of Manhattan’s culture and commerce, the never-ending allure of Park Avenue, and the increasingly limited inventory for real estate, the properties are selling for multi-millions. The starting point for luxury property lands at around $6,500,000 and the incredible penthouse accommodations and amenities and surely part of the pull.

The pandemic’s impact on the country can be felt in almost every city, but nowhere more than in New York. As the epicenter of the covid-19 pandemic, New York City has changed, and this includes the way the real estate market functions. No longer do buyers want to tour innumerable spaces and meet countless sellers, which is why luxury real estate auctions have become the go-to for both buyers and sellers as the process relies more on virtual communication. Elite auction firms vet all potential buyers, and those individuals get a full view of the property, the other buyers interested, and their bids while only a few tour the space in-person and often no more than once.

Los Angeles, California

The luxury housing market saw a spike in buyers purchasing a second home due to virtual work flexibility, and it seemed there was no better place to get ample space and sun than in the 90210 zip code and its surrounding neighborhoods. With luxury homes ranging from the golden age of Hollywood villas to brand new estates with ultra-sleek and modern designs, it’s no wonder that many looked to the west to find their next investment.

As the starting point for luxury properties at $4,499,000, these are most certainly the homes of the rich and famous. The top sales reported for luxury real estate in Los Angeles in 2022 were conveniently named “The One”. A property featuring 22 bedrooms and 49 bathrooms, it sold at a no reserve auction for $141,000,000 to Fashion Nova CEO Richard Saghian. Although “The One” was a unique property in many ways, its buyer was one of many who found success through luxury real estate auctions.

Miami, Florida

The beachfront properties, opulent design, and rich Hispanic culture of Miami Florida are part of what makes this city so fraught with luxury real estate. Miami’s luxury real estate market has a relatively large range of pricing starting at $1,800,000 and going up to $29,500,000. Due to the influx of buyers, sellers are finding it easy to find highly qualified buyers for almost any luxury property.

Many of the US’s most elite are moving to Florida and Texas as these states have no income tax, which makes claiming a primary residence ultra-appealing. However, Florida offers lower construction costs as compared to the south, so many believe it to be the smarter financial decision. The tax benefits and construction cost savings are only part of what makes Florida such a smart move for luxury real estate investment. In Miami, luxury home sales rose by a staggering 101.1% between the years 2020 and 2021, and now in 2022, it’s firmly a seller’s market with luxury real estate auctions becoming increasingly popular particularly when buyers have yet to move in-state.

San Francisco, California

San Francisco’s starting point for luxury properties may only be a little over 3 million, but the proven resilience of its real estate market along with the fact that the city is only seven miles keeps demand high and supply low creating a highly attractive investment for buyers. As it’s smaller they don’t have the “most” luxury real estate auctions, but they do have some of the most appealing. The city by the bay’s top listing was $25,800,000, and many buyers have been able to capitalize on the effects of Covid buying millions under the initial asking price.

Australian Cities Auctioning Luxury Real Estate

Both Sydney and Melbourne in Australia showed incredible results for luxury real estate public auditions. Peter Baldwin, the chief auctioneer at Richardson & Wrench, believes that their high rate of auctions is due to the market and culture preference for transparency and openness. With over 25 years in the business, Baldwin has auctioned off over 35,000 properties which all sold in under 15 minutes. Baldwin goes on to say that many of the buyers are foreign which adds ease for them as much of the process is virtual but also because … “we like this idea that you have to show up and compete for the property”. Most of the auction luxury homes are done so with a reserve price although with properties that are above $20 million there is some flexibility.

The luxury home auction process is becoming vital, not only to the US housing market, but to markets abroad, and each city here is the pinnacle of luxury real estate.

The post Which Cities Have the Most Luxury Real Estate Auctions? appeared first on Platinum Luxury Auctions.

What Is a High-End Client? 

Simply put, in the context of luxury real estate auctions, a high-end client is qualified to purchase very expensive or luxury real estate. This includes clients with a very high net worth that could comfortably afford a very expensive home. High-end clients are also considered those that have all the necessary paperwork for participating in international property auctions. Sometimes, getting licenses from different countries to purchase property is a lengthy and expensive process. Real estate agents and brokerages often filter out candidates by their ability to afford certain licenses and paperwork that goes into purchasing a high-end property. 

How Do Real Estate Agents Get High-End Clients? 

One of the most common ways real estate agents target high-end clients is by using the same resources or products that this clientele typically purchases. That includes luxury cars, boats, gold club dealers, or tax lawyers. Clients in these businesses’ radars are usually the ones that are more qualified and interested in a prime location, high-end amenities, and the prestigious history of a luxury home. Our extensive network of real estate agents and brokers is extremely adept at finding qualified buyers for the properties that we have for listing.

More About Platinum Luxury Auctions 

We are a luxury real estate auction house dedicated to providing our high-end clients with an unmatched luxury auction experience. We oversee mansion auctions, villa auctions, and many other kinds of auctions around the United States. Contact us today to learn more about our Florida luxury real estate, California luxury real estate, Miami luxury real estate, and other luxury real estate properties. 

The post How Do Luxury Real Estate Agent Find Their Clients? appeared first on Platinum Luxury Auctions.

Luxury Home Interior Design and How It Impacts a Property

To better understand its impact, it is important to differentiate interior design from interior decoration. Interior design is the art of creating functional spaces within a home that better reflects the lifestyle of its inhabitants. Some luxury real estate properties are from different eras of history, and that is reflected in the ways spaces are distributed throughout the house. Historical relevance is also a factor in determining the value of an investment afterward, and this could be a positive factor in determining its price afterward. 

In the context of luxury home auctions, interior design is usually carefully thought out and carries the rest of the theme of the home. For example, a home that hangs its hat on the spaciousness of its living room will have an interior design that highlights this, or if a home has a grand fireplace, it will have an interior design scheme that highlights the grand fireplace. 

Luxury Bedroom Interior Design 

When it comes to luxury bedrooms, these also have luxury interior designs that highlight their features. Whether it’s minimalism that is highlighted throughout the rest of the home or any other theme that the initial architects have in mind. Bedrooms are an important part of the home and one that purchasers have in mind when they decide to purchase a home. 

More About Platinum Luxury Auctions 

We are a luxury real estate auction house that is dedicated to helping the buyers, sellers, and brokers that we partner with find the perfect property for them. We oversee villa auctions, mansion auctions, international property auctions, and luxury estate auctions across the United States. Contact us today to learn more about our California luxury real estate, Florida luxury real estate, New York luxury real estate, and Miami luxury real estate properties. 

Related Readings 

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The post What is Luxury Interior Design? appeared first on Platinum Luxury Auctions.

How Many Square Feet is a Mansion? 

Luxury real estate agents widely agree that a home must have 8,000 feet to be considered a mansion. While 8,000 square feet is rather large, there are many other homes and real estate properties that have sprawling grounds that cover much more than 8,000 square feet. Also, just because a home is 8,000 square feet or more does not mean that it is already a mansion. Mansions need to have other amenities to be considered one. 

What Are Luxury Mansion Amenities? 

The most important factor in determining what makes a home a mansion is the amenities it has. The indoor sections of the home need to have gourmet kitchens, formal dining rooms, master suites, game/recreation rooms, a library, fitness rooms, and maybe offices. 

The outdoor sections need to be expansive and have tennis courts, outdoor kitchens, putting greens, and maybe even pond(s) or water features.

Also, to be a true mansion, a home needs to have been designed by a specific architect. Whether it is a classic Tudor, contemporary, Mediterranean, or any other style, the home needs to be constructed by a custom builder. This means that each mansion should have a unique look and layout. 

More About Platinum Luxury Auctions

We are a luxury real estate auction house that oversees mansion auctions, villa auctions, home auctions, and other kinds of auctions around the United States and other international property auctions around the world. We offer luxury estate around the world, some of our selections are in the British Virgin Islands and Fiji. In the United States, we can facilitate the sale of Miami luxury real estate, Florida luxury real estate, and New York luxury real estate. Contact us today to learn more about our services designed for brokers, sellers, and buyers.

Related Readings 

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The post What Classifies as a Mansion? appeared first on Platinum Luxury Auctions.

Fiji Luxury Real Estate Properties for Vacation Homes 

The islands of Fiji are one of the most popular destinations for vacation homes and for good reason. Their beautiful location on the Pacific Ocean and easy access to beaches and water sports are enough reasons to call this place home for your vacation. If you choose Fiji to be the location of your luxury vacation home, you would be in good company. The islands are often frequented by the rich and famous, such as Tony Robbins, Edward Norton, and Meg Ryan. One of our most popular listings on this island includes Mai Island. This private tropical island offers lush gardens, colorful wildlife, and easy access to the ocean, thanks to a private beach. Visit our listing today to learn more. 

Miami Luxury Real Estate for Vacation Homes 

If you do not wish to leave the United States to visit your vacation home, there are many great options available on home soil. One of the most popular destinations for vacation homes is Miami, Florida. Miami luxury vacation homes are among the most outstanding in the country thanks to their proximity to the ocean, travel distance to foreign countries, and great entertainment options. Another factor that makes Miami one of the best places to host a vacation home is that there are many options for people that want to experience different facets of the Miami lifestyle. For example, people that want a more urban feel will like the listing that our luxury auction home offers in the Brickell section of the city. This penthouse offers a beautiful view of the city and is designed by renowned Italian architect Ugo Colombo, whose all-glass design affords residents with awe-inspiring views of Biscayne Bay and Miami’s twinkling lights. Further, our selection of Coral Gables luxury real estate gives buyers a more secluded and suburban feel while keeping some of the most popular amenities of our Brickell location. 

British Virgin Island Luxury Real Estate for Vacation Homes 

Another international option that entices those interested in luxury vacation homes in the British Virgin Islands. The British Virgin Islands are located in the Caribbean, which could make it a more attractive option for those that want to be closer to home soil. For those interested in purchasing a luxury vacation home in the British Virgin Islands, our listing in Small Dix Bay is one of the best options on the market. This British Virgin Island luxury property was designed with many Japanese influences, and as a luxury waterfront property, overlooks Drake’s Channel. 

More About Platinum Luxury Auctions 

We are a luxury auction house dedicated to providing buyers and sellers premier services. Thanks to our extensive network of connections, we provide them with a premium luxury auction service. If you are interested in a vacation home or any other kind of luxury real estate property, we offer a wide selection of New York luxury real estate, California luxury real estate, Arizona luxury real estate, and plenty more listings. Contact us today to learn more. 

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The post Most Popular Locations for Luxury Vacations Homes appeared first on Platinum Luxury Auctions.

South Florida Luxury Real Estate Is a Great Investment 

One of the biggest draws that Florida has for real estate purchasers and investors is that the Sunshine State is a low-tax state. When this is taken into consideration with the fact that Florida has great weather and entertainment options, the demand for luxury real estate has greatly increased. That means that someone who purchases a Miami luxury real estate property is acquiring a terrific investment that is likely to increase in value as time goes on. As one of the most experienced luxury real estate companies, Platinum Luxury Auctions knows that one of the main driving factors for purchasing luxury real estate is the fact that they also represent an investment. Florida luxury real estate is sure to be a good investment for the foreseeable future. 

Miami, Florida Luxury Real Estate Is Diverse 

Florida luxury properties are diverse thanks to the diversity of the state’s people, weather, and ecosystems. South Florida is one of the best microcosms of this because the luxury real estate properties that could be purchased here vary from luxury waterfront properties, properties located in more secluded areas of the city (like some Coral Gables luxury real estate properties), or a more urban feel thanks to downtown Miami luxury real estate properties. No matter the kind of neighborhood or feel that you would like your luxury property to encapsulate, there is something for everyone. 

More About Platinum Luxury Auctions 

Platinum Luxury Auctions is a premier luxury real estate auction company that oversees the auction of properties around the United States. While we offer a good selection of South Florida and Miami luxury real estate properties, we also furnish similar properties around the United States. These include Arizona luxury real estate, Tennessee luxury real estate, California luxury real estate, New York luxury real estate, and even international properties like our British Virgin Islands luxury real estate properties. Contact us today to learn more. 

Related Readings 

What to Consider Before Purchasing a Luxury Oceanfront Home Through Auction

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The post Why You Should Consider Miami Luxury Real Estate appeared first on Platinum Luxury Auctions.

The property was first listed for $45 million in 2014 and the price was dropped to $40 million in mid-2015, according to Mr. Lesnock. The current listing was marked “price upon request.”

Read the full article by Mansion Global’s Fang Block HERE.

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