Raleigh, North Carolina | Market Spotlight

Raleigh$7,800,000 USD | Raleigh, North Carolina | Hodge & Kittrell Sotheby’s International Realty

“Raleigh is the quintessential blend of southern charm and sophisticated urban living. As the capital city, perfectly situated between North Carolina’s majestic mountains and beautiful coastline, Raleigh offers world class shopping and dining, excellent education with proximity to universities, exceptional healthcare, and a wide variety of sporting and cultural opportunities. Raleigh is consistently ranked at the top of the ‘Best of’ lists because it is a premier city to live, work, and play. All of these factors combine to create a robust housing market here in the Research Triangle area; with its moderate climate, diverse workforce and affordable housing, it is a desired destination for people moving here. Recognized by both Forbes magazine and CNNMoney as ‘one of the nation’s fastest growing cities,’ we are confident that our real estate market will only continue to improve and thrive.”

– Joe Hodge, president, Hodge & Kittrell Sotheby’s International Realty

Search Luxury Real Estate in Raleigh, North Carolina > 

Belize | Market Spotlight

Belize$1,595,000 USD | Ambergris Caye, Belize | Belize Sotheby’s International Realty

“Belize is an incredible market with so much opportunity, both in investment benefits as well as in the variety of landscapes offered. Belize is an English speaking country that offers foreigners the opportunity to hold title with a very affordable property tax system. There is also a very attractive system in place known as the Qualified Retired Persons Program. This allows for US and Canadian citizens who are over 45 to apply for many benefits including exemption from importation duties on personal effects for the first year in the country as well as exemption from importation duty on a personal vehicle every five years. Belize also offers lifestyles ranging from island living, rain forest and eco-living, to farm and ranch. The value obtained in this market is incredible. The Sotheby’s International Realty brand has already had an amazing effect here and will continue to do so. This brand is a vehicle which will push quality development forward in Belize. Our team in combination with the brand is taking the real estate market to the next level in regards to service and professionalism.”

– Brittany McCann, owner, Belize Sotheby’s International Realty

Austin, Texas | Market Spotlight

Austin_Texas$24,500,000 USD | Magnolia, Texas | Kuper Sotheby’s International Realty

“The Austin market has seen exceptional growth over the last year thanks in part to a host of events that have placed our small Texas city firmly onto the worlds’ stage. Events like the Formula 1 US Grand Prix and the X Games have now made Austin their home bringing with them a flood of new buyers to the high-end market and putting inventory of $1million+ properties into a sharp decline. Tower cranes are a common sight in the city’s core as several new luxury residential condo projects are being built to provide a product that has not been in demand before. The technology and film sectors continue to grow with the addition of Google Fiber to the greater Austin area. With the addition of new international flights at the airport along with new and exciting events, entertainment and development on the horizon, Austin will continue to increase in its appeal to national and international clients alike.”

– J. Kuper, principal broker and owner, Kuper Sotheby’s International Realty and Capital City Sotheby’s International Realty

Connecticut and Westchester County, NY | Market Spotlight

Purchase_NY$8,495,000 USD | Purchase, New York | Julia B. Fee Sotheby’s International Realty

“In Connecticut and Westchester County, New York, our markets have experienced promising activity in recent months, particularly with the significant uptick in pending sales, and I am bullish on the market remaining strong through the fall and into next year. The second quarter saw a slower pace of gains than we have been accustomed to after two years of consistent growth and quarter-to-quarter sales increases often reaching double digits, yet this finding is not altogether unexpected as we move into a more normalized housing market. Activity leveled off in the second quarter so that we are approximately even with where the market was at the same time last year, yet this was largely due to the delayed spring selling season that resulted from the overlong winter. The fundamentals of the market are still very strong, with high consumer confidence, stable prices, the improved employment picture, and historically low interest rates all pointing to a strong finish to the year. Our market areas in Connecticut and Westchester County remain highly sought after for the quality of schools, miles of Long Island Sound shoreline, easy access to Manhattan, cultural and recreational opportunities, property taxes compared to neighboring states, and the highest per capita income in the country.”

– Paul Breunich, president and chief executive officer, William Pitt and Julia B. Fee Sotheby’s International Realty

Search Luxury Real Estate in Connecticut and Westchester County, NY >

Mendoza, Argentina | More than Malbec

Over the last several years, Argentina has emerged as one of top wine-producing regions in the world, renowned for its Malbec and Cabernet Sauvignon varietals. The Mendoza Provence, in particular, produces nearly two-thirds of the countries wine and is rated among the world’s top 10 wine destinations. This amazing Argentinean province is known for its grape quality with a special terroir for its growth. Mendoza’s wine route is a major attraction for visitors and residents alike and offers spectacular wineries and unique tasting experiences.

Mendoza Grapes

$ 1.236.683 ARS | Mendoza, Argentina | Argentina Properties Sotheby’s International Realty

Among them, The Villavicencio Natural Reserve is a one and only experience. Located just 50 km from the city of Mendoza, The Reserve encompasses 72. 000 hectares. Nestled among the depressions of Uspallata Valley, the Reserve is a very special place immersed in a unique setting full of flowers and pine vegetation. The landscape is complemented by the diverse wildlife that inhabits the Reserve such as guanacos, vizcachas, pampas cats, pumas, foxes, and condors, among others.

Mendoza 1

 $ 1.236.683 ARS | Mendoza, Argentina | Argentina Properties Sotheby’s International Realty

In the winter months, Mendoza also attracts the adventure-seeking ski community. Las Leñas, outside Malargüe, is the first to fully open its white laden gates. The skiing begins in Mendoza in June, but it is in July when the snow gets more than ankle-deep and the slopes offer more fun, speed and adrenaline. In Las Leñas, skiers enjoy day and night activities. It is the only resort in South America that currently offers night skiing where you can participate in Las Leñas’ unique Olimpos Light Parade and descend the slopes with head torches.

Las_Leñas_Mendoza_Argentina_by_Andre_Charland

Renowned for its world-class wines, beautiful landscape and rich history, Mendoza makes for an unimaginable lifestyle.

Search Mendoza, Argentina Real Estate for Sale >

Argentina_Properties_FacebookMany thanks to our guest blogger, Rosario Lix Klett from Argentina Properties Sotheby’s International Realty, which offers endless access to distinctive properties in the top location across Argentina such as Buenos Aires, the Calchaquí Valley, Patagonia and the Uco Valley.

Philippines Real Estate | Market Spotlight

Phillippines_Market Spotlight

Price Upon Request | Forbes Town Center, Philippines | Philippines Sotheby’s International Realty

“Building on strong internal growth, driven by people with wealth that are investing in the country, the future in the Philippines’ real estate sector is bright,” says Philip Mareschal, chief executive officer, Philippine Sotheby’s International Realty. “The alliance with the Association of South East Asian Nations (ASEAN) region makes the country an attractive investment destination. Due to the nation’s strong economic growth from BPO (Business Process Outsourcing), off shoring industries, an increasing number of visitors and remittances from overseas Filipino workers and a young demographic, the Philippines is considered the prime option for residential, commercial and retail sectors. Our luxury residential market has been receiving more foreigner buyers as neighboring Asian countries implement cooling measures. Another trend we are seeing is Filipinos and foreigners are looking into countries for retirement. The climate, lifestyle, the people… easy living makes investing in real estate in Philippines more appealing as the value of their money goes a long away.”

Luxury Homes for Sale in the Philippines >

Charleston, South Carolina: Where Historic Meets High-tech

Post provided by guest contributing blogger, Ruthie Ravenel, Sales and Marketing Director, Daniel Ravenel Sotheby’s International Realty in Charleston, South Carolina.

For three consecutive years Charleston has ranked among the top 5 cities in the world in Condé Nast Traveler’s Reader’s Choice Awards. In fact, this traditional low country city isn’t just attracting tourists to its sandy beaches and world-class resorts.

Kiawah Island SC$2,585,000 USD | Kiawah Island, South Carolina | Daniel Ravenel Sotheby’s International Realty

Recently Charleston has been dubbed “Silicon Harbor” for the hundreds of technology companies that have set-up shop in the area. Many of these companies have recognized that Charleston’s temperate climate, emphasis on quality of life and superior amenities suit their employees lifestyle needs. From start-ups to larger, more established brands, Charleston’s growing tech sector is attracting an eclectic mix of new residents.

Historic Charleston 1$3,650,000 USD | Charleston, South Carolina | Daniel Ravenel Sotheby’s International Realty

With the growing economic opportunities, Charleston is also booming with development projects. The hottest new development area is Upper King Street and the Upper Peninsula area. There have been several new hotels completed in the past year and even more condos and mixed use development projects being unveiled regularly. The restaurant scene has exploded on Upper King Street with countless new establishments like The Ordinary, which was recently named #1 new restaurant in The South by Southern Living Magazine.   Seafood and oysters are southern coastline staples and Charleston restaurants have some of the best menus for local fresh seafood.

Historic Charleston 2$1,695,000 USD | Charleston, South Carolina | Daniel Ravenel Sotheby’s International Realty

Foreign investors have also shown great interest in Charleston, particularly in the Downtown area. Downtown Charleston is one of the most European of all cities in America, because it has an incredibly well preserved historic center. This allows for a very pedestrian, urban experience with shops and restaurants intermixed with residential areas, such as the neighborhood of Ansonborough which attracts residents from international locales such as Italy and Switzerland.

Sullivans Island SC$3,499,000 USD | Sullivans Island, South Carolina | Daniel Ravenel Sotheby’s International Realty

When Charlestonians are looking for a getaway, they escape to the nearby pristine beaches of Kiawah Island, Isle of Palms, Folly’s Beach and Sullivan’s Island for relaxation, boating, family activities and more. It is commonplace for Charleston residents to also own a beachfront property or deep water estate for weekend getaways to enjoy life on the water. With the blend of historic charm, trendy new developments and easy access to a relaxed beach lifestyle, Charleston is the perfect location for those who like to lay low while living large.

DR_FacebookMany thanks to our guest blogger, Ruthie Ravenel, Sales and Marketing Director, Daniel Ravenel Sotheby’s International Realty who specializes in luxury real estate in the Charleston, SC area.

 

Charleston, South Carolina: Where Historic Meets High-tech

For three consecutive years Charleston has ranked among the top 5 cities in the world in Condé Nast Traveler’s Reader’s Choice Awards. In fact, this traditional low country city isn’t just attracting tourists to its sandy beaches and world-class resorts.

Kiawah Island SC$2,585,000 USD | Kiawah Island, South Carolina | Daniel Ravenel Sotheby’s International Realty

Recently Charleston has been dubbed “Silicon Harbor” for the hundreds of technology companies that have set-up shop in the area. Many of these companies have recognized that Charleston’s temperate climate, emphasis on quality of life and superior amenities suit their employees lifestyle needs. From start-ups to larger, more established brands, Charleston’s growing tech sector is attracting an eclectic mix of new residents.

Historic Charleston 1$3,650,000 USD | Charleston, South Carolina | Daniel Ravenel Sotheby’s International Realty

With the growing economic opportunities, Charleston is also booming with development projects. The hottest new development area is Upper King Street and the Upper Peninsula area. There have been several new hotels completed in the past year and even more condos and mixed use development projects being unveiled regularly. The restaurant scene has exploded on Upper King Street with countless new establishments like The Ordinary, which was recently named #1 new restaurant in The South by Southern Living Magazine.   Seafood and oysters are southern coastline staples and Charleston restaurants have some of the best menus for local fresh seafood.

Historic Charleston 2$1,695,000 USD | Charleston, South Carolina | Daniel Ravenel Sotheby’s International Realty

Foreign investors have also shown great interest in Charleston, particularly in the Downtown area. Downtown Charleston is one of the most European of all cities in America, because it has an incredibly well preserved historic center. This allows for a very pedestrian, urban experience with shops and restaurants intermixed with residential areas, such as the neighborhood of Ansonborough which attracts residents from international locales such as Italy and Switzerland.

Sullivans Island SC$3,499,000 USD | Sullivans Island, South Carolina | Daniel Ravenel Sotheby’s International Realty

When Charlestonians are looking for a getaway, they escape to the nearby pristine beaches of Kiawah Island, Isle of Palms, Folly’s Beach and Sullivan’s Island for relaxation, boating, family activities and more. It is commonplace for Charleston residents to also own a beachfront property or deep water estate for weekend getaways to enjoy life on the water. With the blend of historic charm, trendy new developments and easy access to a relaxed beach lifestyle, Charleston is the perfect location for those who like to lay low while living large.

DR_FacebookMany thanks to our guest blogger, Ruthie Ravenel, Sales and Marketing Director, Daniel Ravenel Sotheby’s International Realty who specializes in luxury real estate in the Charleston, SC area.

Monaco Real Estate | Market Spotlight

Monaco_Market Spotlight

Price Upon Request | Monte Carlo, Monaco | Sotheby’s International Realty France Monaco

“There are few real estate markets in the world that can compare to Monaco in terms of glamour, price and quality of life,” says Alexander Kraft, , chairman & chief executive officer, Sotheby’s International Realty France – Monaco

“The casino of Monte Carlo, its annual Formula 1 Grand Prix, the world´s biggest mega-yachts, Grace Kelly and Monaco’s unique tax advantages (no taxes whatsoever for residents) are legendary. Add to that its enchanting location on the French Riviera, year-round sunshine, virtually no crime and some of the world’s best shops, hotels and restaurants, and the mixture becomes truly unique. Not surprisingly, Monaco has attracted the rich and beautiful for more than a century; in combination with very limited housing supply (the entire country’s size is less than two square miles), this has created some the world’s highest real estate prices. Following a slower period from 2011 – 2012, the year 2013 saw a renewed influx of ultra-high net-worth individuals taking up residence in Monaco and thus revitalizing the local real estate market. It is virtually impossible to find anything for under € 20.000/square meters, and prices can exceed € 100.000/square meters for the most sought-after properties near the casino or the beaches. In a world troubled by economic and political unrest, Monaco continues to be a haven of peace for the lucky few.”

Luxury Real Estate for Sale in Monaco >

EXPO 2015 Shapes Milan’s Classic Skyline

Post provided by guest contributing blogger, Diletta Carutti, Social Media Manager, Milan | Lake Como | Tuscany Sotheby’s International Realty in Italy.

Not only is Milan a fashion capital, famous worldwide for its luxury shopping districts, excellent cuisine and the “Teatro alla Scala” opera house, it is also Italy’s most dynamic business city.  Many view the real estate investment industry as one of the key drivers leading Italy’s future, and as Milan prepares to host the 2015 Universal Exposition (World’s Fair), the city has been changing its skin. Dozens of new construction developments have been popping up across the city, forming new Palazzos that are transforming Milan’s skyline.

Milan_Italy_Guest Blog

Price Upon Request| Milan, Italy | Milan Sotheby’s International Realty

Porta Nuova is one of the most remarkable developments in Milan, if not in the whole country. Approved in 2004, this project comprises an area of approx. 3,660,000 sq.ft. and includes several high-rise buildings, cultural centres, a large city park and a new metro line stop, in addition to underground parking.

Via de Castilla_Milan_Italy

Price Upon Request| Milan, Italy | Milan Sotheby’s International Realty

Living in one of  Porta Nuova’s new residences is like embracing a new lifestyle where the sobriety of a private villa inspired by Milanese signature architecture meets the modern and international features of a high-rise building. In order to satisfy the growing demand of a clientele looking for turnkey homes, the interiors can be furnished with some pieces of the Meissen home collection (http://www.meissen.com), one of Europe’s most tradition-rich houses of fine art and hand-crafted luxury.

“Our clients are always more demanding in regard to the condition of the apartments and their amenities,” says Luca D’ Angelo, head of sales at Milan Sotheby’s International Realty.  “We see a lower turnover on the market for those apartments requiring big renovation and not immediately available for move-in. House prices decrease by 15% on average compared to those of 2010 and this reduction is even more significant for the second market compared to new developments.”

Via Tamburini_Milan_Italy

Price Upon Request| Milan, Italy | Milan Sotheby’s International Realty

In the exclusive central streets defined by elegance and history, the prices of the apartments boasting views of green courtyards, and with privacy and comfort, have been stable on an average of € 13,000 per square meter. Within the Fashion District, besides the very top luxury homes, there are excellent investment opportunities in one or two-bedrooms-apartments with 6% yield for short term rentals, which are now often in demand thanks to the EXPO Milano 2015.

Via Borgospesso_Milan_Italy

530,000 € EUR | Milan, Italy | Milan Sotheby’s International Realty

“For a clientele looking for good deals, I recommend semi-central areas such as Fiera, Sempione and Repubblica,” says Laura Torrielli, senior sales manager at Milan Sotheby’s International Realty. “In these districts, upscale apartments in iconic palazzos such as those designed by the famous architect Giò Ponti are selling at prices 20% less compared to those a few years ago.”

Via Domenchino_Milan_Italy

1,550,000 € EUR | Milan, Italy | Milan Sotheby’s International Realty

View Luxury Real Estate for Sale in Milan >

Milan_SIR_Logo

Many thanks to our guest blogger, Diletta Carutti from Milan | Lake Como | Tuscany Sotheby’s International Realty, which offers its international and local clientele a wide selection of luxury properties in the top location of Italy such as Milan, Lake Como, Lake Maggiore, Florence, Chianti, Tuscany, Sardinia, Italian Riviera, Capri Island, and the Alps