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For individuals, even those with substantial financial resources, real estate stands as one of the most significant investments they can make. Whether aiming for a life-changing foothold or seeking an asset that will generate dividends for years to come, real estate holds immense potential for long-term value retention.
While the luxury real estate market differs from the basic house-buying sector, the desire to get the most value for one’s money remains a common goal, as the term “investment” suggests. However, achieving this objective in the luxury market may require a different approach compared to traditional markers of value. This comprehensive guide aims to provide valuable insights, especially if you are entering the luxury market for the first time or expanding your property portfolio.