There is no hard and fast rule for defining luxury. What seems luxurious to you can be mania for others and vice versa. Many people are striving for luxurious vacations. Some people are mad to wear luxurious jewelry. Many people are possessed with a desire to own luxurious real estate. Real estate business is ever flourishing business in the world, since the population is increasing with every single second; same do the prices of properties. It is quite hard to set up the standard to lifestyle Prestige Green Gables of inflation. People truly believe that there will come a time very soon when people will not be able to own one bed-room apartment.
There is another side which can’t be completely called darker one, because it is part of business and many people’s obsession. It is the possession of owing luxurious property. There are many places which do not help people with many services yet have high prices. These luxury real estates are basically luxurious from the location point of view. If you find any apartment or house which is near to any coastal area or more precisely near to any beach or a famous spot, definitely the price will be higher than your expectations.
We come across many luxury apartments and houses which cannot be afforded by any ordinary person, only the richest can buy them. There are many places and cities which are famous because of the luxury real estates. The prices are extremely high as compare to other adjacent cities. As mentioned earlier, this price difference is because of the location. Here are some most luxurious names for the cities those own most expensive and luxurious real estates and properties in USA. Beverly Hills is the most expensive city to own the property in. In this city you can expect to pay $1,342 per square foot and the average of $9,010,125 per house.
In Laguna Beach per sq ft rate is $1,207 and you got to pay $4,312,567 for a luxury apartment. Indeed, it is extremely expensive to own beach’s spectacular views. This is not all, a luxury apartment in Captiva worth $6,203,048 with $1,071 per sq ft. Since luxury is hard to handle. A person needs to be strong enough from every point to deal all the extravagancies. Newport Coast is another extremely luxurious place to own a property in. An average house can be expected as expensive as $6,370,192 with about 6,606 per sq ft. There are yet many other places for luxurious real estates.