Luxury Outlook 2022
An ambitious exploration into high-end residential markets across the globe.
Galveston Island reigns as the premier second-home location on the Texas Gulf Coast, with new developments emerging up and down the island along the Bay and the Gulf. Homes range widely in style and price and include high rise condominiums, town homes, reproduction seaside cottages, canal homes, and gated luxury communities that equal or surpass those of Florida’s Gold Coast. Discovered in 1785 by the Spanish, Galveston Island was named for the Governor of Spanish Louisiana, Bernardo de Gálvez. Islanders know the tale of the pirate Jean Lafitte who, with his motley crew, fought with Andrew Jackson at the Battle of New Orleans in 1814. But Lafitte was not trustworthy and Louisiana threw him out. Undeterred, he decamped to his private kingdom “Campeche” (Campeachy) on Galveston Island. There he preyed upon the rich shipping lanes of the Gulf, amassing, according to legend, a vast treasure trove. It all came to an end in 1821 when Lafitte left Campeche and disappeared forever. Galvestonians swear