By 2030, Global Luxury Residential Real Estate Market to Surge to USD 850 Billion Driven by Affluent Buyers' Demand

The Global Luxury Residential Real Estate Market is witnessing remarkable growth, forecasted to reach approximately USD 850 billion by 2030, up from USD 600 billion in 2024. This growth represents a compound annual growth rate (CAGR) of around 6% during the forecast period from 2025 to 2030. Notably, the increase in demand for second homes, particularly among high-net-worth individuals (HNWIs), is a crucial driver of this market. As of 2023, there were approximately 22.8 million HNWIs globally, with a growing inclination towards investing in luxury properties abroad. Destinations such as Europe, North America, and the Caribbean remain attractive for wealthy buyers seeking lifestyle diversity and investment opportunities. Furthermore, innovations in shared ownership models and an increase in high-tech amenities in luxury properties are shaping market dynamics, demonstrating the sector's adaptability to current buyer preferences and economic climates.

Luxury Residential Real Estate Market Forecast

• Continued Growth: The luxury residential real estate market is projected to grow at a CAGR of 6% during 2025-2030.

• Increasing HNWI Population: The number of high-net-worth individuals is anticipated to climb, boosting demand for luxury properties.

• Technological Advancements: Rising demand for high-tech amenities, including smart home features.

• Sustainability Focus: An increasing prevalence of renewable energy utilities in luxury residences is expected to appeal to environmentally conscious buyers.

• Market Opportunities: Government initiatives globally are promoting investment in luxury residential real estate, enhancing market stability and growth prospects.

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Competitive Landscape of the Luxury Residential Real Estate Market

The competitive landscape of the Global Luxury Residential Real Estate Market is characterized by major players constantly innovating and expanding their portfolios to meet changing consumer demands. Leading companies include:

• Sotheby's International Realty

• Lambert & Co.

• Emaar Properties

• Trump International Realty

• Elite Homes

• Grosvenor Group

• DAMAC Properties

• Botanica Luxury Phuket Co. Ltd.

• Pinanapin

• Wide Waters

• Country Garden Holdings Co. Ltd.

• Greenland Holdings Corp. Ltd.

• AHS Properties

• Pulte Group

• Sobha Realty

• Others

These companies are actively engaging in strategic developments to solidify their market positions and capture emerging opportunities in the luxury segment.

Key Takeaways from the Luxury Residential Real Estate Market Report

This market report highlights several key insights, including the projected growth top lines for the luxury residential real estate sector, increasing rates of foreign investment in premium properties, and the favorable regulatory frameworks that support market expansion. Furthermore, adaptations to high-tech amenities and a strong emphasis on sustainability place luxury residential real estate as a primary investment avenue for affluent buyers.

Industry Recent Development in the Luxury Residential Real Estate Market

• January 2025: Sotheby's International Realty launched a USD 10 Billion Real Estate Investment Fund that is focused on investing in high-end residential projects in top cities, holiday homes, in vibrant and sought-after second-home micro-markets, including religious destinations.

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Luxury Residential Real Estate Market Segmentation

By Type

> Flats

> Condos

> Penthouses

> Townhouses

> Villas

> Mansions

> Others (Vacation Homes, Farm Houses, etc.)

By Furnishing

> Fully Furnished

> Semi-Furnished

By Configuration

> 1-2 Bedrooms (BHK)

> 3-4 Bedrooms (BHK)

> 5-6 Bedrooms (BHK)

> 7 & Above Bedrooms (BHK)

By Size (sq. ft.)

> Less than 5,000 sq. ft.

> 5,000 - 10,000 sq. ft.

> 10,000 - 15,000 sq. ft.

> 15,000 - 20,000 sq. ft.

> Above 20,000 sq. ft.

By Price

> 1-5 (USD Millions)

> 6-10 (USD Millions)

> 11-20 (USD Millions)

> 21-50 (USD Millions)

> 51- 100 (USD Millions)

> Above 100 (USD Millions)

By Region

> North America

> South America

> Europe

> The Middle East & Africa

> Asia-Pacific

The Asia-Pacific region emerges as the leader in the luxury residential real estate market, holding approximately 40% share due to its booming economies and increasing urbanization.

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Frequently Asked Questions (FAQs) about the Luxury Residential Real Estate Market

• What is the projected growth rate of the Luxury Residential Real Estate Market from 2025 to 2030?

• How large is the Luxury Residential Real Estate Market currently valued?

• What are the main factors driving the Luxury Residential Real Estate Market?

• Which companies are considered the top players in the Luxury Residential Real Estate Market?

• What regions are expected to present significant growth opportunities in the Luxury Residential Real Estate Market during the forecast period?

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Other Report:

• India Luxury Residential Real Estate Market size was valued at around USD 45 billion in 2024 and is projected to reach USD 105 billion by 2030. [Browse Report Details, Here! https://www.marknteladvisors.com/research-library/india-luxury-residential-real-estate-market.html ]

• UAE Residential Real Estate Market size was valued at around USD 36.32 Billion in 2024 and is projected to reach USD 52.32 billion by 2030. [Browse Report Details, Here! https://www.marknteladvisors.com/research-library/uae-residential-real-estate-market.html ]

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