Hong Kong – Craving For Trophy Homes In Monaco

Asia is the owner of 24% of the overall global private wealth with almost 1/3rd of it held in real estate, mainly in worldwide properties. With increasing profits, Asian high net worth individuals (HNWI) have acquired an craving for the trophy homes in Monaco.

Asian ultra-high net worth individuals demonstrate eager desire for investing in Monaco property, as the Principality continues to be among the most secure spots for wealth storage. Nowadays Asia has a mounting range of uber-rich individuals, whose assets are anticipated to considerably rise in worth over the next couple of years.

Big Percentage Of Wealthy Directing Towards Deluxe Residential Investment

As the 2013 Asia-Pacific Wealth Report shows, HNWI with over $1 million in investable assets might see their wealth rise to $15.9 trillion by 2015. With so much money to invest, the interest for the rich is directed overseas. Based on the 2013 China Private Wealth Report, 56% of respondents from a HNWI group have either begun the entire process of emigration from China or think about doing that in the near future. The reasons for which are significant: from environmental air pollution to a difficult business setting in China. As a consequence, a big percentage of the wealth will get directed to the number one locations for deluxe residential investment, such as London, Switzerland or Monaco.

These are the consumers for whom money is no object and they enjoy every sort of deluxe goods and service.
Though wealthy Asian people devote their cash on a variety of luxury goods, including yachts or private jets, according to recent numbers nearly 28% of their money is actually dedicated to real estate. Europeans, for example, have 8% of their wealth placed in real estate.

Monaco Offers Much More Than Conventional Luxury

This opens up amazing possibilities for luxury real estate marketplaces, for instance the one of Monaco. The Principality with its clean surroundings, nice weather, jet set culture and extravagant Monte-Carlo property for sale can effectively make use of this window of opportunity, that Asian investors now present. Asian HNWI no longer search for the conventional luxury; their preferences have gone up a notch.

You’ve got a Chinese market with a lot of money now. That’s not completely new. They’ve had money for a while. But their inclinations are shifting.

Property for purchase in Monaco is of the finest grade of luxury. Yet, it is limited and, thus, for the best offers a respected real estate professional is essential.

Clients searching to buy or rent Monaco flats, offices, villas, penthouses, or other real-estate opportunities, can be certain of receiving professional advice from competent and skilled agents in the area. The agents also provide serious and competent management of all assets and necessary advice in legal and accounting matters.

For More Information On Monaco Properties Email Junzi Consultants At: [email protected]