In Europe, Paris leads the way in luxury real estate, with a 20% jump in sales in 2015, followed by financial centres such as Zurich and Stockholm.
The European market is attractive to American and Middle Eastern buyers, thanks to low interest rates and a weaker euro. France’s Côte d’Azur remains one of the most prized second-home destinations, attracting more than 90% of its buyers from abroad, while Spain’s Valencia region and Sardinia’s Costa Smeralda are both seeing strong growth.
The average starting price for a luxury home in Monaco - the highest in the world.
The asking price for Le Palais Bulles on the Côte d'Azur, making it Europe's most expensive listing.