{"id":2286,"date":"2014-11-17T08:05:10","date_gmt":"2014-11-17T08:05:10","guid":{"rendered":"https:\/\/lt.balticsothebysrealty.com\/?p=2286"},"modified":"2021-12-14T08:08:47","modified_gmt":"2021-12-14T08:08:47","slug":"sothebys-international-realty-survey-wealth-people-prefer-houses-coastline-homes-historical-value-smart-homes","status":"publish","type":"post","link":"https:\/\/lt.balticsothebysrealty.com\/en\/sothebys-international-realty-survey-wealth-people-prefer-houses-coastline-homes-historical-value-smart-homes\/","title":{"rendered":"Sotheby\u2019s International Realty survey: wealth people prefer houses on coastline, homes of historical value and smart homes"},"content":{"rendered":"

The wishes of wealthy Americans when it comes to a dream home can be correlated into a simple type of property \u2013 a self-designed \u201clifestyle property\u201d on the shores of a river or a lake and with a garage for a collection of cars.\u00a0 The Baltic Sotheby\u2019s International Realty real estate company has declared this on the basis of a Sotheby\u2019s International Realty\u00ae Luxury Lifestyle report.<\/p>\n

Sotheby\u2019s International Realty Affiliates LLC, in turn, has found that wealthy British people appreciate homes of historical value, Chinese people want room to display their art collections, while Brazilians wish to live in a \u201csmart\u201d home \u2013 one that is technologically modernised.\u00a0 The survey found that buyers from various countries take similar decisions that are based on their lifestyles and family needs, also taking into account the future value of their real estate investment.<\/p>\n

Sotheby\u2019s International Realty has identified several homes which satisfy the criteria that are listed in the survey, and so wealthy buyers can feel safe about the idea that if they can afford such a home, they can turn their dreams into reality.\u00a0 Examples include a coastline home in Water Mill, New York, which has a garage for three automobiles, a flat on the banks of the Thames River in England that was built in 1894, a \u201csmart\u201d home in Arizona in the United States, and a house in Hong Kong with room to display a collection of artworks.<\/p>\n

Water Mill, the United States, Property ID Z2XKYB.\u00a0 Photo: Sothebysrealty.com <\/strong><\/a><\/p>\n

\u00a0<\/strong><\/p>\n

The Sotheby\u2019s International Realty\u00ae Luxury Lifestyle Report involved a survey of wealthy consumers in the United States of America, the United Kingdom, Brazil and China \u2013 people who have at least $1 million in cash resources.\u00a0 The survey found that over the next five years, most of them plan to purchase a \u201clifestyle\u201d property as their primary residence.\u00a0 In thinking about the purchase, most respondents want to purchase a property that is on the water.\u00a0 The study also reviewed lifestyle criteria that are published on the Sothebysrealty.com homepage \u2013 criteria that show that \u201con the water\u201d was the most frequently sought criterion in 2013 among those who visited the homepage (42% of visitors entered that criterion).<\/p>\n

Most wealthy consumers in the USA, UK, Brazil and China stated the desire to purchase \u201cfamily homes\u201d that they would present to their children or other family members (93% in China and 92% in Brazil).\u00a0 A survey of members of the Sotheby\u2019s International Realty network found that more than one-half of clients plan to spend between $1 million and $3 million for the \u201cfamily home.\u201d<\/p>\n

The Peak, Hong Kong, Property ID MYQS4L.\u00a0 Photo: Sothebysrealty.com<\/strong><\/a><\/p>\n

\u00a0<\/strong><\/p>\n

The Sotheby\u2019s International Realty\u00ae Luxury Lifestyle Report also found that those who invest in real estate often want to sell the property in future.\u00a0 In comparison to the situation five years ago, most wealthy consumers are far more convinced about the real estate market in their country, believing that it is offering the best real estate value at this time.<\/p>\n

\u201cLast year we found that the luxury property sector was the most important factor in the recovery of the market,\u201d says Sotheby\u2019s International Realty Affiliates LLC president and CEO Philip White.\u00a0 \u201cThe study of consumers who have lots of money helped us to have a better understanding of these market trends.\u00a0 The results proved things that we already knew about buyer motivation and desires.\u00a0 They seek homes that will satisfy their various lifestyle needs and are appropriate for their families as the most important value.\u00a0 Such consumers also know how important real estate is in enhancing wealth.\u00a0 They expect to earn a profit from their investments.\u00a0 The belief that the value of their properties will increase in future confirms the health of the luxury real estate market.\u201d<\/p>\n

Baltic Sotheby\u2019s International Realty has been an active and successful real estate market participant in the Baltic States since 2010.\u00a0 The company is part of the international Sotheby\u2019s International Realty network.\u00a0 Baltic Sotheby\u2019s International Realty offers outstanding real estate throughout the world, a high level of services, and individual approach to each client, international databases and effective sales tools.\u00a0 Baltic Sotheby\u2019s International Realty has offices in R\u012bga, J\u016brmala, Tallinn and Vilnius.<\/p>\n

The Sotheby\u2019s International Realty network has offices in 54 countries and territories throughout the world, with approximately 15,000 independent sales partners who work in approximately 700 offices.\u00a0 Sotheby\u2019s International Realty sells properties on the global Sothebysrealty.com homepage.\u00a0 In addition to the fact that this source offers recommendations and a great deal of visibility, network brokers and clients gain benefits from links to the Sotheby\u2019s auction house and the global marketing programmes of Sotheby\u2019s International Realty.\u00a0 Each office is individually owned and operates independently.<\/p>\n","protected":false},"excerpt":{"rendered":"

The wishes of wealthy Americans when it comes to a dream home can be correlated into a simple type of property \u2013 a self-designed \u201clifestyle property\u201d on the shores of a river or a lake and with a garage for a collection of cars.\u00a0 The Baltic Sotheby\u2019s International Realty real estate company has declared this […]<\/p>\n","protected":false},"author":10,"featured_media":8713,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[],"acf":[],"yoast_head":"\nSotheby\u2019s International Realty survey: wealth people prefer houses on coastline, homes of historical value and smart homes - Baltics Sotheby's Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sotheby\u2019s International Realty survey: wealth people prefer houses on coastline, homes of historical value and smart homes - Baltics Sotheby's Realty\" \/>\n<meta property=\"og:description\" content=\"The wishes of wealthy Americans when it comes to a dream home can be correlated into a simple type of property \u2013 a self-designed \u201clifestyle property\u201d on the shores of a river or a lake and with a garage for a collection of cars.\u00a0 The Baltic Sotheby\u2019s International Realty real estate company has declared this […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/lt.balticsothebysrealty.com\/en\/sothebys-international-realty-survey-wealth-people-prefer-houses-coastline-homes-historical-value-smart-homes\/\" \/>\n<meta property=\"og:site_name\" content=\"Baltics Sotheby's Realty\" \/>\n<meta property=\"article:published_time\" content=\"2014-11-17T08:05:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-14T08:08:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/lt.balticsothebysrealty.com\/wp-content\/uploads\/2014\/11\/The-Peak_Honkongas-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"680\" \/>\n\t<meta property=\"og:image:height\" content=\"510\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"mark.bogdanov\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mark.bogdanov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/lt.balticsothebysrealty.com\/en\/sothebys-international-realty-survey-wealth-people-prefer-houses-coastline-homes-historical-value-smart-homes\/\",\"url\":\"https:\/\/lt.balticsothebysrealty.com\/en\/sothebys-international-realty-survey-wealth-people-prefer-houses-coastline-homes-historical-value-smart-homes\/\",\"name\":\"Sotheby\u2019s International Realty survey: wealth people prefer houses on coastline, homes of historical value and smart homes - 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