My Neighborhood

MATTEO COLOMBO/STONE/GETTY; RIGHT: HELIVIDEO/ISTOCK/GETTY Lake Como Côte d’Azur

—EUROPE—

Best Bets for Expats

Dreaming of a home abroad? Seven tempting destinations for savvy buyers

FOR A select group of Americans, “the good life” has always included a home abroad. Topping their wish list are Paris, Provence, the Côte d’Azur, Portugal, Tuscany, Lake Como, and Venice. Happily, all are solid investments thanks to the lifestyles they offer, the access they provide to green spaces, recent improvements in accessibility for international visitors, and reasonably low entry costs. Add the potential for working remotely, and owning a home abroad becomes an even more appealing—and realistic—option.

Here’s a closer look at the factors drawing expats to each locale, along with important points to bear in mind if you’re considering purchasing a home in any of them.

PARIS: Long a favorite for its vibrant cultural offerings, architecture, and history, Paris also appeals to expats because it’s a transportation hub. More than 38,000 flights come in and out of Charles de Gaulle Airport daily, and the city provides an ideal base from which to explore western Europe by train.

The French capital is bolstering quality of life via a plan to ban nonessential traffic through its center by 2024—creating a cleaner, calmer environment in time for the 2024 Summer Olympics. Looking further ahead is the Grand Paris Express infrastructure project, a massive, two-decade-long transportation-improvement effort involving stations, rail and metro lines, roads, and more.

The capital has become one of the best prospects for overseas property investors, with the opening of social powerhouses like the luxe club Soho House Paris. Any of the

Salita Serbelloni in the village of Bellagio, with Lake Como in the background

1 through 20 arrondissements is a sure bet for the future as is the area west of Paris, where most of the Grand Paris project will focus.

PROVENCE: Bucolic countryside, a relaxed pace, and high quality of life have long drawn expats to Provence, and the pandemic has made such factors even more desirable. The quest for more space, being closer to nature, and a more authentic lifestyle are driving forces for today’s home purchasers.

Traditional architecture, culture, and strong international schools in Aix are also plusses for Provence. People tend to buy here for the lifestyle rather than as an investment, but this liquid market does offer potential for some capital growth in the future.

THE CÔTE D’AZUR: This sun-drenched locale is drawing increased interest from expat buyers thanks to employment opportunities in the tech industry, centered in the renowned science and technology park Sophia Antipolis, as well as strong schools for children, led by Mougins British International School. The pleasant climate and proximity to sea and mountains are also a magnet for those seeking a health-centric lifestyle.

Buying in France: Mortgage options are somewhat limited for Americans, so research areas where you might want to live, and learn about the purchasing process and the costs of owning. Know how you will finance a property before visiting houses.

PORTUGAL: One of Europe’s most cleanliving destinations, Portugal also appeals for its reasonable cost of living, fiscal benefits for foreign investors, safety and stability, architecture, and natural beauty, including beaches and preserves around Lisbon and Porto, both popular for expats. For families, an increasing number of good international schools, superb higher education, and affordable quality healthcare are draws, too.

Buying in Portugal: With favorable taxes and a Golden Visa program attracting more international investors, real estate demand exceeds supply and prices continue to rise. Find a good lawyer to advise you on the best tax options for you personally.

TUSCANY: Tuscany is steeped in history and culture, with an abundance of historic homes, open countryside, and opportunities to enjoy the outdoors and the coast, where sailing and yachting options abound.

LAKE COMO: Like Tuscany, this region

A historic country house or bastide in Provence draws expats with its mountains and pristine lakes, which lend themselves to an outdoor lifestyle. (Skiers can hit the slopes just across the border in Switzerland.) The area also boasts an excellent international school, beautiful historic lakeside properties, and numerous Michelin dining options.

VENICE: The city is a perpetual favorite among art lovers who enjoy its world-famous galleries and museums, movie fans who flock to the Venice Film Festival, and culture buffs who live for La Biennale di Venezia, an international cultural exhibition hosted annually since 1895. The Venetian Islands (118 in all) also offer a unique lifestyle.

Buying in Italy: The introduction of a flat tax regime for High-Net-Worth Individuals and Ultra-High-Net-Worth Individuals— requiring a lump-sum of €100,000 per year instead of taxing income at normal rates—has been a major draw for expats. Sales and prices are rising in Tuscany, Lake Como, and Venice, but all still offer good value.

As you start your search for a home abroad, find a broker you trust. One with experience in the local market will be able to connect you with other experts, such as surveyors, lawyers, accountants, notaries, tax advisers, and technicians to review property plans and documents before you reach the contract

stage. —Mark Harvey, Department Head, International Residential, Knight Frank

ARTIST’S RENDERING

LONDON’S M O S T P RE S T IGIO U S NE IGH B O R HO OD W E L C O ME S YO U T O E X T R AO RDIN A R Y RE SIDE NC E S

KNIGHTSBRIDGE GATE REPRESENTS the culmination of a transformative redevelopment occupying a prime position in an outstanding location. The development comprises 15 meticulously designed apartments of the highest specification offering best-in-class residential accommodation.

AMENITIES

• 3- to 6-bedroom options available • 24-hr concierge and security • Secure underground parking • Terraces and balconies to selected apartments • Approximately 2,279 to 6,214 sf • Private entrances with residents' lobby and terrace

IMMEDIATE OCCUPANCY

PRICED from £10,750,000

Tom Rundall tom.rundall@knightfrank.com Jeremy Pelissier jeremy.pelissier@knightfrank.com

SALES GALLERY By appointment only

1. Particulars: these particulars are not an offer or contract nor part of one. You should not rely on statements by Knight Frank LLP in the particulars or by word of mouth or in writing as being factually accurate about the property, its condition or its value. Neither Knight Frank LLP nor any joint agent has any authority to make any representations about the property or development and accordingly any information given is entirely without responsibility on the part of the agents, sellers or lessors. 2. Images photographs and other information: Any computer-generated images, plans, drawings, accommodation schedules, specification details or other information provided about the property (“information”) are indicative only and not necessarily comprehensive. Any plans and drawings are not to scale. Any such information may change at any time and must not be relied upon as being factually accurate about the property. Any photographs are indicative of the quality and style of the development and location and do not represent the actual fittings and furnishings at this development. Knight Frank have not tested any services, equipment or facilities and purchasers must satisfy themselves by inspection or otherwise. 3. Regulations: Any reference to alterations to the property or use of any part of the development is not a statement that any necessary planning, building regulations or other consent has been obtained. These matters must be verified by any intending purchaser. Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934. Our registered office is 55 Baker Street, London W1U 8AN, where you may look at a list of members’ names. April 2022.

B O U T IQ U E A PA R T M E N T S IN C E N T R A L V E R O N A

LOCATED IN THE HEART of Verona’s historical center, this building hosts a unique collection of magnificent and prestigious one- to three-bedroom apartments, which have been redesigned both in terms of size and distribution of spaces to satisfy modern lifestyle needs. The charm of the building's historic setting is joined by the comfort of a contemporary residence. Characterized by luxurious finishes and materials, Palazzo Poste is a unique residence in elegance and design.

IMPORTANT NOTICE This information is provided for general information purposes only, and does not purport to contain all of the information that prospective purchasers may require. In addition, this information has been provided to Knight Frank by the vendor and Knight Frank does not guarantee its accuracy. Knight Frank has not undertaken an independent review of this information and prospective purchasers must make their own enquiries to satisfy themselves as to its accuracy. To the extent permitted by law, Knight Frank expressly disclaims any liability for any loss or damage which may arise out of any person acting on or relying upon any part of this information. Areas, amounts, measurements, distances and all other numerical information is approximate only. Any photographs show only certain parts of the property as it appeared at the time they were taken. Except where otherwise provided, all references to rent, income or price are GST exclusive. Any architectural rendering of unconstructed assets is indicative only and subject to change at any time prior to the completion of construction without notice .

AMENITIES

• Wellness and fitness area equipped with gym and spa • Coworking spaces

IMMEDIATE OCCUPANCY

PRICED from €578,000 to €4,130,000

Andrew Blandford-Newson andrew.blandford-newson@ knightfrank.com

AMENITIES

• Back garden • Outdoor pool • Gym • Sauna • Vertical garden

EXPECTED OCCUPANCY Q4 2022

PRICED From €2,650,368 to €2,824,377

Alejandro Cendrero Alejandro.cendrero@ es.knightfrank.com

SALES GALLERY

By appointment only Suero de Quiñones 34 28002 Madrid, Spain

+34.914.313.131

This confidential document has been elaborated by KNIGHT FRANK SAU [Hereinafter KNIGHT FRANK referred to as the “Consultant”], with information provided by the Landlord of Claudio Coello 11. On accepting this document, the receiver undertakes not to copy, reproduce or distribute this confidential document to third parties, in part or in its entirety, without previous written consent from the Consultant and the Landlord. The receiver undertakes to treat all information contained within the document as strictly confidential, without rendering it public knowledge and to use this confidential document exclusively for evaluating its potential interest in Claudio Coello 11.

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ARTIST’S RENDERING ARTIST’S RENDERING

A N U N B E ATA B L E Q U A L I T Y O F L I F E I N T H E M O S T E X C L U S I V E A R E A O F M A D R I D — I N T H E H E A R T O F E V E R Y T H I N G

AN EXCEPTIONAL PROJECT ON CLAUDIO COELLO STREET, with 11 spectacular prime residences, available in four different layouts, which retain the original essence with a contemporary design. Claudio Coello 11 combines quality in habitability, functionality and aesthetics thanks to its large open spaces throughout the property, innovative materials and high-quality finishes. Only three residences are available: two penthouses and a fabulous apartment on the fifth floor—each one with their own personality, but all with an inviting atmosphere. They all come with open and bright living areas decorated with luxury materials such as marble, oak and porcelain flooring.

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L U X U R I O U S C O A S TA L R E S O R T I N T H E H E A R T O F T U S C A N Y

SITUATED AMIDST THE GREEN HEART OF TUSCANY in the Maremma Region, this sophisticated resort features 36 opulent apartments, each with panoramic terraces boasting views over the Tuscan archipelago and the Island of Elba. All properties benefit from an array of services and amenities, offering the convenience of a hotel experience within the comforts of a residence setting. Not only does this stylish resort feature a range of facilities, it has several beaches, an exclusive beach club, national parks and a variety of dining and shopping locations on its doorstep.

AMENITIES

• Swimming pool • Leisure facilities • Gym • Private parking • Terraces • Garden • Sea view • 112.04 to 120.96 sq m habitable areas

EXPECTED OCCUPANCY JULY 2023

PRICED from €690,000 to €1,365,000

Yacht berths priced from €140,000 to €170,000

Andrew Blandford-Newson andrew.blandford-newson@ knightfrank.com

IMPORTANT NOTICE This information is provided for general information purposes only, and does not purport to contain all of the information that prospective purchasers may require. In addition, this information has been provided to Knight Frank by the vendor and Knight Frank does not guarantee its accuracy. Knight Frank has not undertaken an independent review of this information and prospective purchasers must make their own enquiries to satisfy themselves as to its accuracy. To the extent permitted by law, Knight Frank expressly disclaims any liability for any loss or damage which may arise out of any person acting on or relying upon any part of this information. Areas, amounts, measurements, distances and all other numerical information is approximate only. Any photographs show only certain parts of the property as it appeared at the time they were taken. Except where otherwise provided, all references to rent, income or price are GST exclusive. Any architectural rendering of unconstructed assets is indicative only and subject to change at any time prior to the completion of construction without notice .

SUPERB NEW SUPERB NEW PROJECT IN LISBON PROJECT IN LISBON

GRAND LOFT AVENIDA IS A SELECTION of beautiful new apartments within a charming traditional building dating back to 1900 and the Pombaline period. The building is currently set over four levels and will increase by an additional two floors to offer a selection of one- to three-bedroom apartments, perfectly combining high-quality modern finishes with the style and feel of the building and its location.

AMENITIES

• Balcony or terrace • Prime city location

Priced from €720,000 to €1,320,000

Oliver Banks oliver.banks@knightfrank.com

IMPORTANT NOTICE This information is provided for general information purposes only, and does not purport to contain all of the information that prospective purchasers may require. In addition, this information has been provided to Knight Frank by the vendor and Knight Frank does not guarantee its accuracy. Knight Frank has not undertaken an independent review of this information and prospective purchasers must make their own enquiries to satisfy themselves as to its accuracy. To the extent permitted by law, Knight Frank expressly disclaims any liability for any loss or damage which may arise out of any person acting on or relying upon any part of this information. Areas, amounts, measurements, distances and all other numerical information is approximate only. Any photographs show only certain parts of the property as it appeared at the time they were taken. Except where otherwise provided, all references to rent, income or price are GST exclusive. Any architectural rendering of unconstructed assets is indicative only and subject to change at any time prior to the completion of construction on without notice.

ARTIST’S RENDERING

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EXPLORE YOUR SIX SENSES EXPLORE YOUR SIX SENSES AT THE HEART OF PALM JUMEIRAH AT THE HEART OF PALM JUMEIRAH

SIX SENSES HAS LAUNCHED its first UAE hotel and branded residences in Dubai’s property market, with 162 branded residences stretching along a private beach on the West Crescent of Palm Jumeirah. The development will spread across 1.2 million square feet offering unrivaled living standards in a tranquil beachfront location, maximizing panoramic sea and Dubai skyline views. With its ideal location, top-of-the-range amenities, and lifestyle offerings, Six Senses promises to become a new landmark for Palm Jumeirah. The branded residences on The Palm will include two- to four-bedroom apartments, some with private pools, 121 penthouses, 32 sky villas and nine signature beachfront villas, all managed by Six Senses and with access to the hotel's luxurious amenities and facilities.

AMENITIES

• 162 private branded residences • Private beach • Panoramic sea and Dubai skyline views • Vitality pool • Meeting rooms • Cigar room • Squash, paddleball, and tennis courts • Library • Steam room

PRICE upon request

Andrew Cummings andrew.cummings@ me.knightfrank.com +971.50.613.8350

IMPORTANT NOTICE This information is provided for general information purposes only, and does not purport to contain all of the information that prospective purchasers may require. In addition, this information has been provided to Knight Frank by the vendor and Knight Frank does not guarantee its accuracy. Knight Frank has not undertaken an independent review of this information and prospective purchasers must make their own enquiries to satisfy themselves as to its accuracy. To the extent permitted by law, Knight Frank expressly disclaims any liability for any loss or damage which may arise out of any person acting on or relying upon any part of this information. Areas, amounts, measurements, distances and all other numerical information is approximate only. Any photographs show only certain parts of the property as it appeared at the time they were taken. Except where otherwise provided, all references to rent, income or price are GST exclusive. Any architectural rendering of unconstructed assets is indicative only and subject to change at any time prior to the completion of construction without notice.