Top 20 Luxury Enclaves in the World

Top 20 Luxury Enclaves in the World

Residential News » Europe Residential News Edition | By WPJ Staff | November 6, 2013 9:55 AM ET

Where are the super rich buying these days? What are the hot spots for the private jet crowd?

The top answer is the Côte d'azur in France, according to the new Prime Enclave Index created by Savills. Next on the list is Costa Smeralda in Italy, followed by St. Barts in the Caribbean.

The estate agency based its rankings on the average price of prime residential property, the highest price for a luxury hotel suite, the international draw of the destination and the "exclusivity among the global elite."

The Côte d'azur, where the typical five-bedroom property costs $28.5 million, scored high marks in all categories.

"Its exclusivity, as well as the warm climate, ensures that it remains a firm favorite with UHNWIs [Ultra High Net Worth Individuals]," the firm concludes.

The top U.S. enclave to make the list was Aspen, which showed up at number four, followed by Monaco. The top 10 of the "global super league" also includes Barbados, St. Moritz, Seychelles, Maldives and Lake Como in Italy.

"UHNWIs operate on a truly global basis," Savills' Yolande Barnes wrote in the report. "This means that  their choice of location for additional homes is a footloose one and is based on their passions, interests, values and perceptions of different places."


Real Estate Listings Showcase

This website uses cookies to improve user experience. By using our website you consent in accordance with our Cookie Policy. Read More