According to the Global Development Insight report which was updated in the trimester of 2013, the largest population to invest in luxury real estate are the Chinese. The report which was developed by Knight Frank, one of the principal real estate consultancy groups, shows that Singapore citizens and Russians, are found respectively in second and third position in the classification.
According to the study carried out by Knight Frank, Chinese buyers are mostly interested in Paris, New York, and London, all of which are considered to be ideal locations for the purchase of luxury real estate.
This study demonstrates that the most important elements taken into consideration when purchasing a high-end property are the level of education, lifestyle, followed by level of security and the fiscal policy of the country.
The report further predicts that during next year, the number of luxury properties owned by Chinese and Russian investors will increase, while the real evolution will be represented by Latin American buyers, Brazilians and Mexicans , that will be ever more present and competitive in the international market.
