Financial experts keyed in on markets are suggesting a big quantitative surge in an already robust European property yield game. With win hungry investors searching for greater margins, the shift from bonds to old real estate is clearly the new trend. From Spain to Crete, Russia to Norway, luxury real estate investments are making more and more sense. Here's a selection of fabulous properties that represent high end investment in Europe these days.
For those unfamiliar with Bergen, Norway the city is one of the most picturesque in along the country's western coast. Known as the City of Seven Mountains, Bergen is aptly named. The surrounds of this marvelous town are picture postcard icons of a country known for Viking majesty, and the pristine Norwegian lifestyle. As for the luxury property most talked about in Bergen's most affluent neighborhood, the 6,200 square foot English manor you see in the image offers some ultra rich new owner ... well, everything.
A long private drive winds down to the extra large car court, the facade of the residence looking out over provides an imposing sense of this property. The grand entrance, once traversed, leads into a sumptuous interior replete with (as I said) everything the billionaire owner could want. Six bedrooms, entertainment spaces, private balconies, even the oiled oak floors exude exclusivity. The private dock, with a small flotilla of boats, it attests to the cliche affluence of past owners. A spa, library, four grand reception rooms, and much more make this one of Norway's most interesting luxury properties. Built i 2000, the manor is close to the fjords, and moments from the airport.
The property is offered by Christie's International Properties at just over $9,200,000 USD.
Why settle for one luxurious pad outside Crete's most picturesque city, when two can be had overlooking the amazing Cretan Sea? This Sotheby's listed estate is 12km outside town in an exclusive residential development we visited last March. Two beach front villas situated on over 8,000 square meters with seafront represent a truly unique value. The larger of the villas is over 460 square meters, while the smaller is a substantial 150+. As you can see from the images, the sea views are breathtaking, as are the more than ample interiors and amenities of the villas.
What makes these two villas so interesting, I mean beyond the clear awesomeness, is the potential for in season letting at a premium. This area of Crete stays booked during the warmer months at above 90%, hotels and rental villas exceeding even this. So, owning such fabulous potential makes sense not simply for the sheer wonder of living in this part of Crete. Some of the other features of the estate include, a fitness center, and outdoor pool, 5 car garage, and gardens to name just a few.
The property is listed at €5,900,000 euro. Interested parties may follow the link provided, or contact Sotheby's Panagiotis Farmakis directly via: 0030 695 168 8080
No city in Europe contains more sheer architectural/cultural wonder than St. Petersburg, Russia. The Winter home of Peter the Great and later Russian rulers, it's home to many of the world's most fabulous artistic and cultural treasures. The 4-storey 1650 m2 mansion you see above, it's replete with almost 1,000 square meters in the center of the city. Just this aspect makes the property unique, but the two level penthouse with over 700 square meters and its own massive terrace, further differentiates this charming wonder. The video below in Russia tells a bit more of the story of this magnificent property.
Here the fortunate new owner has at arms length all the majesty that is the so-called "Northern Venice" of Russia. 2 kilometers down the street, the Hermitage awaits inspection, and Nevsky Prospect is only 350 meters distant. Inside the 15 bedrooms of this virtual palace lead to incomparable entertainment and living spaces.
The mansion is listed for just over €17,000,000 euro. For more information on this one of a kind investment interested parties may contact the agent (Tatiana) directly at Fine & Country St. Petersburg or +7 812 3225201
Situated at the base of the majestic Tramuntana mountains is an estate of idyllic proportions and character. This 19th century heirloom is characteristic of the finest fincas in Spain, over 700 square feet of luxurious ambiance in the main house, is accentuated by the majestic 139 hectares of ground outside. The term "one of a kind" really does apply to any property so situated and appointed. The video below from listing agent Mallorca Finca unveils this Balearic Island gem.
On the grounds, several covered and open terraces and the immaculate infinity swimming pool add cliche, but inspiring detail. Five bedrooms, an immaculate chef's kitchen, and all the amenities any movie star or media mogul might expect, adorn this expensive (and worth it) Mallorca property.
This finca lists for €7,500,000 euro. For more information interested parties should contact the listing agent via the links, or by phone at +352 661 442 881