07 Jun 2021

Features that define a luxury property

Published in Real estate

Despite the different crises that may be experienced over the years, if there is a market that always works in the real estate sector, it is that of luxury housing. The profile of investors, senior executives and entrepreneurs, diplomats or elite athletes is that they are clients who are very well informed and seek high profitability when acquiring these properties.

Despite the different crises that may be experienced over the years, if there is a market that always works in the real estate sector, it is that of luxury housing. The profile of investors, senior executives and entrepreneurs, diplomats or elite athletes is that they are clients who are very well informed and seek high profitability when acquiring these properties.

And although luxury always depends, to a large extent, on the personal taste of the buyer, properties that are considered to be luxury homes share certain features.

These are some of the features that define a luxury property:

Size and distribution.

Although it is true that size itself does not define a luxury property, since there are smaller apartments in very exclusive areas that can be considered luxury, what is important is that the property is well distributed and has spacious rooms.

Location

The location is one of the essentials of a luxury home, whether in a prime area of a city, or in a much more secluded location that offers spectacular views.

Top quality materials

Although the decor is a matter of the buyer’s personal taste and personality, the materials used in a luxury home are always top quality.

Exclusive services

In the event that the property is located in a shared building or residential area, it is essential that it has exclusive common services, such as gyms, private swimming pools, and leisure facilities for the whole family.

Security and privacy

These are two features required by clients looking for luxury homes. And although living in the suburbs already implies a certain amount of privacy, those who prefer to live in the city center opt for buildings with small communities where there are few owners.

Price

In order to determine the price of a luxury home, it is necessary to consider the cost per square meter. A luxury home starts at 4,000€/m², although this will always depend on the property and the area.

In Lasose Properties & Investments we know the luxury real estate market and we have in our portfolio properties that fulfil these characteristics. We offer you an exclusive and personalized service to find the property that best suits your tastes.

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