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Two years of global recession have made villas and apartments in some of the world’s most desirable locations dramatically more affordable, according to a new league table of holiday home hot spots.
Real Estate company Savills has analyzed 35 locations, calculating how much top-quality homes cost on a pounds-per-square-meter basis. The results, given exclusively to The Daily Telegraph, make it easier for buyers to compare and contrast the most popular areas for holiday homes.
The data also shows that some of the world’s most expensive international hot spots have been relatively recession-proof.
It’s not a surprise that key financial hubs such as Paris, Moscow, Hong Kong or Shanghai generate high values. But it’s clear that traditional world-renowned ‘lifestyle’ destinations such as Cannes and Courchevel continue to attract high-spenders, as does Monaco
Compare the cost of vacation properties worldwide. CLICK HERE
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. 2010 Best Value Sun Spots for buying Vacation Homes is brought to you by SimplifyEm Pay Rent Online and Property Management SoftwareYou might also want to read:
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