The past year has shown us that real estate is a timeless investment that can endure and even thrive in challenging economic conditions.
Accordingly, Luxury Portfolio International® has released its latest report, International Luxury Buyer Trends and Demand, which follows on our State of Luxury Real Estate 2021 report released in January.
Taking from the trends we identified in our initial State of Luxury Real Estate report, we find the international buyer is highly mobile, motivated by feelings of self-reliance, and after many months of time at home, is looking to add excitement and fun in his or her daily life.
- Investment properties and holiday residences are of top interest
- Proximity to nature is prioritized over proximity to the city
- Newer builds are preferred, namely those constructed during the last five years
- A list of top global property destinations for luxury buyers
- The primary reasons for international purchases
From a regional standpoint the U.S./Americas & Caribbean account for 37% of the interest from international luxury buyers, followed by Europe and the Middle East at 29%, and Asia at 18%. Narrowing location further, Hawaii is garnering the most attention – a noteworthy one in five (20%) international buyers have expressed interest.
Mickey Alam Khan, President of Luxury Portfolio International commented, “Hawaii tops the list for international property buyers, and if you’ve visited the Aloha State it’s easy to understand why. The islands boast pristine beaches, lush tropical greenery and incredible year-round temperatures. Our report shows affluent buyers are interested in regions which provide for their needs—great entertainment as well as investment opportunity and lifestyle enrichment.”
Take a deep dive into the mind of the affluent. Download International Luxury Buyer Trends and Demand.
Have you ever dreamed of owning property on the garden island of Kauai? If so, then please consider looking at Timbers Kauai Ocean Club and Residences. It is perched on one of the most celebrated sites in all of Hawaii, a premier oceanfront location within the renowned Hokuala Resort. This may be the last opportunity of it’s kind, the residences rise out of the very edge of the Pacific and offer a rare and exclusive chance to call this magical place home.
Timbers Kauai Ocean Club and Residences include an array of exquisite ownership opportunities at various price points including two, three, and four bedroom homes sold as luxury residences, townhomes, or Residence Club interests. With both wholly owned and fractional ownership opportunities available, families are allowed to scale their level of ownership to perfectly match their lifestyle. Plus with every single home you’ll enjoy spectacular views, not just of the Pacific but of the striking mountains, surrounding lagoons and the beautiful lush golf course.
Ownership at Timbers Kauai is as effortless as it is enjoyable, with owners enjoying membership to exclusive amenities, activities and programming at the Hokuala Club, featuring member benefits at the Ocean Course at Hokuala, Kauai’s only signature Jack Nicklaus course, plus exclusive access to to Beach Club at Kalapaki Beach. At Timbers Kauai, you are an instant local, personal concierge services, including our Adventure Guides will get you to the island’s best kept secrets for dining, local art, beaches, fishing holes, reef breaks and dive spots. Lessons are available for outrigger canoeing and stand-up paddle board or you can have your own one on one instructions with top surfers, all of which will gain you direct access to the real authentic Kauai!
For More Information, visit Timbers Kauai or contact:
Colorado Landmark, Realtors