Check Out the Latest Luxury Portfolio Magazine!

Luxury Portfolio MagazineThe new edition of the Luxury Portfolio Magazine is now online! Click here or on the cover to the right for the latest in luxury living and the most extraordinary luxury properties in the world. We’re particularly excited to share this issue, which includes local insights from top markets in our Market Pulse, a Q&A with Million Dollar Decorators star Martyn Lawrence Bullard, an insider’s guide to the serene island of Mauritius and a look at exclusive penthouses from Vancouver to Paris. Among the featured properties you’ll find the historic Liongate Estate of Bel Air, California, a coastal getaway in the illustrious Spanish city of Marbella, a breathtaking villa in Vienna’s Noble District and more!
 
Be sure to pick up a copy of the Luxury Portfolio Magazine at bookstores throughout the US and Canada, next time you are in a First Class Airline Lounge or head out to an international newsstand in the 60+ countries where we are sold.
 
Read the press release to learn more.
 

Check out Kim and Kanye’s Honeymoon Retreat on Luxury Portfolio

Kim Kardashian Kanye West Honeymoon Castle Ireland
 
Love them or hate them, there’s no denying that Kim Kardashian and Kanye West are all about luxury, so naturally the newlyweds chose one of the most regal estates in all of Europe for their honeymoon. The grand Castle Oliver in County Limerick, Ireland is currently listed with Luxury Portfolio member Ganly Walters for € 2,950,000 (roughly US $ 4 million) and available to anyone who wants to live the fabulous life like “Kimye”.
 
Kim Kardashian Kanye West Honeymoon Castle IrelandSituated on 15 lush acres, the luxurious castle has the distinction of housing Ireland’s largest private wine cellar with a capacity of 55,000 bottles. Throughout the first floor and upper mezzanine levels are twelve en suite bedrooms, while the ground floor boasts a gothic dining room, billiard room, numerous reception rooms with 18 foot high ceilings and more.
 
Click here to learn more about Kim and Kanye’s lavish honeymoon retreat!
 

Steve Martin Lists St. Barths Villa

Steve Martin St. Barths Villa
 
Hollywood funnyman and banjo virtuoso Steve Martin has listed his St. Barths villa with Luxury Portfolio affiliate Sibarth Real Estate. The comedic icon will no longer be an out-of-towner on the prestigious island, asking € 7,950,000 (or just under US $11 million) for the four bedroom home.
Steve Martin St. Barths Villa
 
Villa Au Soleil, as the property is named, was extensively renovated in 2003 with an authentic Caribbean style – bright walls, beautiful stonework and freely flowing indoor/outdoor spaces overlooking Saint Jean Bay and the Caribbean Sea made it the perfect place for Martin and his family to escape between films. On over half an acre, the home enjoys considerable space and privacy, with a swimming pool, outdoor kitchen and a gazebo surrounded by a lily pond in the middle of a lush tropical garden. 
 
Visit the listing page to learn more about Steve Martin’s St. Barths villa!

In the News: LP Targets Chinese Buyers via Juwai.com

Juwai Chinese International Real EstateLuxury Portfolio International recently announced that every listing featured on its award-winning website will now be marketed on Juwai.com, China’s number one international real estate website. By having their properties appear in Chinese on a locally-hosted site, Luxury Portfolio affiliates will benefit from an increased presence among this ever-important audience. 
 
Juwai.com has quickly established itself as the most influential site for international real estate among Chinese buyers, with an impressive 1.5 million views each month. The new partnership will continue to provide Luxury Portfolio members unmatched exposure in the global arena, as Executive Vice President of LP Stephanie Pfeffer Anton stated, “This agreement is vital for home sellers because it means that, when they hire a Luxury Portfolio agent, they can be sure their property will be marketed to the largest, fastest growing group of wealthy buyers in the world – the Chinese.”
 
Click here to read the entire press release.
 

Luxury Portfolio Goes to Shanghai

Luxury Portfolio ShanghaiAn astonishing 64% of Chinese millionaires have either emigrated or plan to emigrate, according to a recent Hurun Report, but rather than waiting for them to come to us, we’re going to them! This summer marks the first ever Luxury Portfolio Shanghai Immersion Conference, where Luxury Portfolio members are exclusively invited to spend three days learning about how to attract and work with today’s affluent Chinese consumers through an intensive crash-course in everything from Asian culture and the similarities and differences with western cultures, to financial and legal policies in China, all in one of the world’s most luxurious cities. Held at the historic Fairmont Peace Hotel from July 20 – 22, the event will offer key insight into today’s affluent Asian consumer with a special focus on expectations when purchasing real estate abroad.
 
“It’s an incredibly layered demographic,” notes Stephanie Pfeffer Anton, EVP of Luxury Portfolio, “and as we see more and more buyers from Asia to all parts of the world, it’s a necessity to understand Eastern culture and business practices to foster successful and trusting relationships. The opportunities in luxury real estate are limitless.” In addition to lots of learning, attendees will get to enjoy a traditional Chinese gala, explore the fascinating high-end districts in Shanghai, learn about their rapid modernization and truly immerse themselves in a luxury Shanghai experience.
 
Luxury Portfolio members can exclusively register at LuxuryPortfolio.com/Shanghai!

Luxury Portfolio’s Latest White Paper: Young Affluents in a Digital World

Luxury Portfolio White PaperAt our recent Summit in Las Vegas, Luxury Portfolio International® unveiled the latest White Paper, entitled Young Affluents in a Digital World: Understanding the Impact to Real Estate. Published in conjunction with our research partners at Harrison Group, a YouGov company, the fascinating study is available exclusively to Luxury Portfolio members and examines the growing presence of young homeowners in the luxury sphere, with analysis supported by the Survey of Affluence and Wealth in America, produced by Harrison Group and American Express Publishing.
 
By equipping our members with the most up-to-date research on the ever-empowered Young Affluent demographic, they are better positioned to leverage technology and provide value throughout the process of buying and selling a home. Today, there are more Young Affluents than ever before, 90% of whom say homeownership is very important to them, making it absolutely necessary to understand what they expect from their realtor in order to foster a successful relationship.
 
With access to thought-provoking statistics and detailed evaluations, you’ll find key takeaways like:
 
The Evolving Role of the Salesperson – Find out what young affluents expect in the digital age
Time is a Commodity – Utilize technology to maximize efficiency and respect their time
Digital Research is the ‘New Ordinary’ – How the recession changed the affluent consumer
 
To see the Executive Summary click here.
 
Luxury Portfolio members can view the White Paper in its entirety by logging in to LuxeXchange.
 

RISMedia Features Luxury Portfolio 2014 Forecast

Luxury Portfolio Market Forecast in RISMedia
When it was time for RISMedia to release a luxury market forecast for 2014, the industry leading publication turned to the experts at Luxury Portfolio for insight, as seen in their latest issue. Relying on the extensive experience of our member-brokers in the luxury sector, RISMedia noted that top markets across the US and Canada witnessed a 10 to 30 percent sales increase in 2013 and expect continued growth in the year to come. 
 
In particular, the heavy influx of international buyers in the $1 to $2 million tier has shown no sign of slowing down. Non-US residents accounted for 60% of all luxury real estate bought in San Francisco, Los Angeles, Vancouver and Miami and continue to view these markets as a safe investment coming from countries of less economic stability. “The mood of our Luxury Portfolio brokers is upbeat as we move into 2014. They believe that well-priced luxury homes will continue to be in high demand, resulting in increases of 10 to 20 percent in volume in most of their markets, with unit sales rising 5 to 10 percent,” noted Paul Boomsma, President of Luxury Portfolio International.
 
Click here and go to pg. 40 to view the informative article in its entirety!
 

Check Out the Latest Luxury Portfolio Magazine!

Our latest edition of the Luxury Portfolio Magazine is now online! Debuting a new look, the lifestyle publication features the latest in luxury real estate, bespoke travel, gourmet dining and much more. In this issue we explore the rising trend of concierge services, share an eclectic mix of accessible islands with insight from local experts and examine the role of the new billionaire in today’s top markets.
 
Among the residences featured are Larry Ellison’s Lake Tahoe compound, a stunning Parisian mansion and a contemporary adventure home in Queenstown, New Zealand. A unique historic New England colonial, an extraordinary lifestyle estate on the California coast and an impressive sampling from Luxury Portfolio’s collection of homes are also showcased.
 
Luxury Portfolio Magazine
 
Additionally, you’ll find an interview with Deutsche Grammophon artist Miloš Karadaglic, a comparison of homes priced near twenty million dollars in various markets around the world and the latest LuxeTrends in innovation, exploration and relaxation.
 
“The magazine remains an incredibly powerful way for us to tell the story of the remarkable homes represented by our network members, as well as the lifestyle these homes represent. This edition is particularly special because we are unveiling an all new look with a more contemporary feel,” Luxury Portfolio President Paul Boomsma said. “The undeniable appeal of beautiful photography and a captivating story in a printed piece has helped us broaden our reach even further to an affluent audience worldwide.”
 
Luxury Portfolio MagazineWith a targeted distribution designed to reach a highly affluent audience, the magazine has a circulation of over 100,000 and is sent to Leading Real Estate Companies of the World® and Luxury Portfolio members in over 40 countries. Keep an eye out for it at Barnes & Noble in the U.S., Chapters Indigo in Canada, select international first class airline lounges, on newsstands in 60+ countries/regions and in the finest independent real estate offices around the world!
 
Click here to view the digital version of the Luxury Portfolio Magazine!

 

LuxuryPortfolio.com: Dangerously Addictive

LuxuryPortfolio.com HGTVAt least, according to the how-to home experts at HGTV Magazine. In their January/February edition, the magazine named LuxuryPortfolio.com among the most addictive websites because, well let’s face it, who doesn’t enjoy looking at the world’s finest collection of luxury homes? While we’d love to take all the credit, it wouldn’t be possible without the unsurpassed service and expertise of our incredible members!


There’s nothing more exciting than luxury house hunting, so whether you’re stuck in a blizzard and fantasizing about escaping to Mauritius or just want to see what Bruce Willis’ Beverly Hills estate looks like, check out the world’s most comprehensive (and addictive) collection of exceptional real estate!

Thank you to HGTV Magazine and all of our member brokers!

Emerging Trends of Today’s Global Buyer

International Luxury Real Estate

The world continues to grow smaller for today’s luxury buyer and as it does we can observe certain trends among the affluent of a given country. London, for instance, has become a hotbed for Russia’s elite, while buyers from Hong Kong are swooping up property in Sydney. The search for the foreign buyer has been one of real estate’s hottest topics of late. For more on the subject, check out this piece recently published in the Wall Street Journal – a must-read for anyone interested in the matter.


Last month, Luxury Portfolio members from around the world gathered in Venice for our annual International Symposium to discuss the latest in global luxury real estate and share insights and trends. The meeting featured sessions and panels from members around the world led by members from everywhere from Dubai, Mauritius, Istanbul, Bucharest and more. The consensus was that international buyers are looking for a “safe” investment. Traditional destinations of the world’s jet set, such as New York City and Paris, are the obvious markets being referred to here, but they’re not the only ones by any means. Delving closer into the subject, one such characteristic that remains prevalent among these safe markets is the presence of established academic institutions. Simply put, overseas education has become a driving factor behind the relocation of the world’s affluent.


University cities like Montreal, Vienna and Boston are experiencing their own wave of international buyers who invest in high-end real estate while their child is attending school and often turn a profit after graduation. Whether it’s luxurious “student housing” or a place for family to crash when in town, these purchases are fast becoming common practice for wealthy foreigners. In a recent interview for the Financial Times, Beverly Sunn, president of Luxury Portfolio’s Chinese member-broker Asia Pacific Properties, reinforced this notion. “Investors at the luxury sector are highly sophisticated and look to invest in major cities to meet the educational requirements of their children,” remarks Sunn.


Of course, cities with strong academic reputations aren’t the only place experiencing an influx of foreign activity; it’s just where the smart money is investing.
 

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