Spotlight: Monaco – 2024
"While not immune from global events and trends outside its borders, Monaco continues to punch above its weight, maintaining its position as the world’s most expensive prime property market in 2023"
Prime property
Tagged Articles
Savills Prime Residential Index: World Cities
Contains 6 articles"Savills Prime Residential Index: World Cities monitors the performance of prime residential property across 30 global cities; tracking capital, rental and yield values. Average growth in 2023 was 2.2% for capital values, while rents grew at 5.1% on average"
Turbulent times
"Inflationary pressures and difficult market conditions in the prime residential markets across the globe lead to a subdued set of growth performance figures in 2023"
Showing resilience
"In the face of economic uncertainty, prime residential pricing proved resilient in 2023, though at lower levels of price growth than seen in the immediate aftermath of the pandemic, with average increases of 2.2% across the index"
Rents set the pace
"Rents outpaced capital values in 2023, with 28 of the 30 cities tracked in the World Cities index experiencing positive rental growth. Rents increased by an average of 5.1% compared to the average capital value growth of 2.2% for 2023"
Buy. Hold. Sell.
"For international buyers, a property’s purchase price is only part of the cost equation"
Prime London market update
"Seasonality returns to London’s prime rental markets as growth dips marginally into negative territory for the first time since March 2021"
Prime regional market update
"Movements in rents of prime houses outside of London appear to be shifting back in line with pre-Covid levels as seasonality returns to the rental market"
Prime rental forecasts – Q4 2023
"How do we expect the rental market to perform over the next five years?"
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Belgravia: a village residents are proud to call home
"Having been one of London’s most exclusive districts since the 19th century, Belgravia continues to be viewed as one of the capital’s most desirable places to own real estate. "
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