Luxury Portfolio Vol. 07 Issue 02 - George Scarpias

MARKET PULSE

TOP ARTS AND/OR CULTURAL DESTINATIONS IN YOUR MARKET?

Web ID: SLLT88 A relaxing Montréal home with tropical gardens

BERLIN, GERMANY · KREUZBERG · PRENZLAUER BERG · MITTE · THE SOVIET WAR MEMORIAL

MONTRÉAL, CANADA

Highest recorded sale in last 12 months: C $4.95 million

Compared to last year, prices in your market are: Up

MONTRÉAL, CANADA · PLACE DES ARTS

What is the price point for the Top 10% of inventory across your market? C $2.63 million Most international buyers are coming from: The most international buyers are coming from China and Western Europe (e.g., France, Belgium). environment. Canada remains the 8th safest place in the world, which makes Montreal a top destination among those seeking a tranquil home environment. Top arts and/or cultural destinations in your market? Artistic and cultural destinations like downtown Montreal, especially Place des Arts, a popular performing arts center, are the most attractive areas for art and culture. Overall, the greater Montreal area is an important center of arts and culture in Canada. Any incentives or initiatives surrounding the arts that impact your market? For Montreal’s 375th anniversary, the city invested more than $200 million CAD in infrastructures which should help stimulate the local real estate market. Montreal is becoming a large center of arts and cultural experiences. Luxury buyers are attracted to this market because they are seeking a better quality of life, a tranquil environment, and unique experiences. What are luxury buyers looking for in your market? Luxury buyers are looking for a secure and peaceful

PORTLAND, OREGON · THE PEARL DISTRICT · LAN SU CHINESE GARDEN · PORTLAND JAPANESE GARDEN

SAN MIGUEL, MEXICO · FABRICA DE LA AURORA · INSTITUTO ALLENDE

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