Wealth Report 2022

Page 34

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78704, AUSTIN, TEXAS 20%–30% The 78704 zipcode comprises the most

eclectic, soulful and desirable locations in

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RELATIVE VALUE KNIGHTSBRIDGE, LONDON 25%–30%

central Austin. Directly adjacent to Downtown

The home of Harrods is located to the south of

is home to South Congress Avenue, the Butler

exclusive shops, hotels, museums and Michelin-

across the banks of Lady Bird Lake, the area

Hike and Bike Trail, Zilker Park, the iconic Barton Springs Pool and Barton Creek Greenbelt. Why is it primed for growth? Austin generally offers a low cost of living

Hyde Park and contains some of London’s most

starred restaurants. Its 275 listed buildings

What will my money buy me? A two-bedroom flat will cost around £2 million,

rising to £3.5 million for an in-demand property

Why is it primed for growth?

between £10 million and £15 million in the most

Cannes, international buyers are looking to

As demand for villas flourishes in the likes of

desirable areas. In the high-end developments,

Cap d’Antibes which offers a rare and enviable

million, with larger apartments selling for more than £20 million.

the likes of Saint-Jean-Cap-Ferrat offer real

as one of two “international centres” in the capital.

CAP D’ANTIBES, FRANCE

Where do the locals like to go?

blocks. The district is identified in the London Plan

15%–25%

is filled with hip hangouts and award-winning

Knightsbridge has become slightly less

Home to ports and harbours including the Port

Overlooked during the Covid-19 pandemic due

from the French Riviera coastline between the

restaurants interspersed with tree-lined streets

fashionable than Mayfair in recent years.

urban settings available within mere minutes of

along the Riviera and in the direction of Monaco,

estate at a significantly higher price, pointing to

Despite the presence of luxury developments,

both peaceful natural surroundings and vibrant

Mediterranean, ideal for family living. Further east

Tom Bill, Knight Frank Research

environment. On top of that, the 78704 zipcode

offers every demographic is hard to beat, with

combination of greenery and proximity to the

include grand Victorian terraces and mansion

Why is it primed for growth?

masterpieces. The balanced lifestyle the area

architecturally significant homes.

back between £5 million and £7 million, rising to

one-bedroom flats range from £2.5 million to £7

to the high proportion of flats in the area, it is looking like good value again.

Where do the locals like to go?

Gallice, the Cap d’Antibes peninsula extends neighbouring towns of Juan les Pins and Antibes. The Cap is renowned for its unspoiled nature with

beautiful sandy beaches including La Garoupe,

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as well as hosting a number of historic and

on a garden square. Family houses will set you

and a business-friendly tax and regulatory

featuring a mix of classic bungalows and modern

T H E W EALT H REPORT 2 022

potential future growth here.

Choose from among the beachside restaurants at La Garoupe, then head along the 5km coastal path loop towards the Villa Eilenroc. Further on you will find the Hotel du Cap-Eden-Roc which

sits in majestic parkland and offers an array of restaurants and bars, including the Michelinstarred Louroc, perfect for whiling away a Mediterranean evening.

Orchard Road, Singapore

each other.

Pavilion Road, which runs from Sloane Square

What will my money buy me?

Where do the locals like to go?

Where do the locals like to go?

by Cadogan Estates and offers a wide choice of

Prices for two-bedroom apartments with rental potential start from approximately €1.1 million. A

While the thoroughfare is best known for its retail

four-bedroom villa with private swimming pool

with green open spaces. At the boundaries of the

Where do the locals like to go?

Heritage Site.

de L’Horloge or try a cooking class at the famous

Locals are a friendly bunch and will willingly share where to find their favourite queso or brisket, so

grab a cold beer or bottle of champagne and play

a round at Peter Pan mini-golf before heading to happy hour at Uchi – you will have made at least

three new friends by then. Or go big and book a

suite at the Hotel Saint Cecilia where you can explore Music Lane before dancing the night away at The Continental Club.

What will my money buy me? A brand new 4,000-plus sq ft four-bedroom home is currently available at US$3.3 million, while a

1,600 sq ft two-bedroom mid-rise condominium near the water is trading for US$1.1 million. Matthew Ditlow,

Douglas Elliman

through Knightsbridge, has been redeveloped artisan food, beauty and fashion retailers. It is also

home to KXU, a fashionable gym with treatment

HEAD ONLINE FOR MORE LOCATIONS THAT OFFER RELATIVE VALUE INCLUDING:

out. The most surprising thing about the area,

• Megève, French Alps

rooms and snack bar where the locals like to hang though, is the quality of its schools.

The Royal Albert Hall, Knightsbridge, London

will start from around €3 million, with sea views commanding a premium.

Jack Harris, Knight Frank International

• Conches, Switzerland • Lingang, Shanghai • Versilia Hills, Tuscany

area lie the Singapore Botanic Gardens, a World

What will my money buy me? For investors seeking a foothold, a 635 sq ft one-

INFRASTRUCTURE ORCHARD ROAD, SINGAPORE

Located in the same district as Singapore’s famed Orchard Road retail belt, the area is a lifestyle destination not just for locals but for the whole of

at the blues festival in early autumn.

€2.15 million, while a beautifully presented triplex

Leonard Tay, Knight Frank Singapore

AVIGNON, FRANCE 10%–15%

Why is it primed for growth?

history with a lively, modern vibe. There’s a great

district, particularly in the light of plans to revitalise

Le Marmiton restaurant. Music fans can chill out

mall, is available for just over S$2.1 million.

Famous for its cultural riches and impressive

to look towards prime homes in the heart of the

Head to the 200-year-old opera house on Place

What will my money buy me?

the corner from the iconic ION Orchard shopping

South-East Asia.

private wealth from around the region is expected

city centre.

bedroom apartment at Scotts Square, around

10%–15%

Once travel lanes open again post-pandemic, HEAD ONLINE FOR MORE LOCATIONS WITH ATTRACTIVE TAX REGIMES INCLUDING:

offerings, it is also tree-lined and interspersed

of greenery just a few minutes by foot from the

A stunning 14th-century townhouse is available at

apartment has an asking price of €1.19 million. An

architect-designed house with pool and garage is currently on the market for €720,000. Nicola Christinger, Knight Frank International

Palace of the Popes, this gem of a city combines

selection of hotels, restaurants and cafés as well as excellent transport links connecting the city to the UK and the rest of Europe.

Orchard Road with greenery and space for

Why is it primed for growth?

accessible with the development of two new

and around the city. The architecture is stunning,

activities. The area will also become even more

A new 5km tramway provides easy travelling in

mass transit stations.

while the Ile de la Barthelasse offers 700 hectares

HEAD ONLINE FOR MORE LOCATIONS BENEFITING FROM NEW INFRASTRUCTURE INCLUDING: • Pak Shek Kok, Hong Kong • Centro, Madrid • Treptow-Köpenick, Berlin • Diani, Kenyan Coast • Eko Atlantic City, Lagos


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