Though the average price of a luxury home in the premier residential real estate markets of London, New York, Los Angeles, San Francisco, Paris, and Sydney starts in excess of $3 million, affluent homebuyers looking to invest in smaller and emerging luxury residential markets still have significant purchasing power.
Around the world, the properties available in the $5 million category can differ dramatically. In the top global cities, a $5 million property can range from an elegant flat in London’s Belgravia to a contemporary Harbourside estate in Sydney. For home-seekers looking to invest in smaller cities and suburbs, emerging, second-home, and resort markets, or in an experiential property that comes complete with its own luxury lifestyle, a remarkable array of real estate offerings await. Among the exciting options are vineyard estates in Bordeaux, France, and Chianti, Italy; equestrian estates in Petrópolis, Brazil, and New Canaan, Connecticut; golf properties in Lisbon, Portugal, and Punta Cana, Dominican Republic; and resort-style hideaways in Mykonos, Greece, and Montego Bay, Jamaica.
Explore the levels of luxury available to buyers with $5 million to spend.
Point to the geographical locations on our map below, to see the luxury homes that $5 million can buy on today’s market:
Properties between 1,000 and 4,000 sq. ft.
Properties between 4,000 and 6,000 sq. ft.
Properties between 6,000 and 10,000 sq. ft.
16) Hamptons, New York
17) Olympic Valley, California
18) Aerdenhout, Netherlands
19) Miami, Florida
20) Durban, South Africa
21) Mykonos, Greece
22) Punta Cana Resort, Dominican Republic
23) San Luis Obispo County, California
24) Paradise Valley, Arizona
25) Tuscany, Italy
26) Vero Beach, Florida
27) Portland, Oregon
28) Ketchum, Idaho
Properties over 10,000 sq. ft.
29) Rio de Janeiro, Brazil
30) Orlando, Florida
31) Toronto, Ontario, Canada
32) Cornelius, North Carolina
33) Lisbon, Portugal
34) Cartagena, Colombia
35) Monterrey, Nuevo León, Mexico
36) Montego Bay, Jamaica