Abode Abroad

Formentera has been ranked Spain’s most expensive municipality for buying a home, and in September it was the only municipality in the country where average property prices exceeded €10,000 per square metre.

Serendipitously, enhancements recently made to an already sophisticated and well-regulated business arena also position Barbados nicely to quietly outshine all its former glories.

Affluent buyers abroad are acquiring multi-million-dollar residences in blue-chip enclaves as long-term stores of value, private seasonal retreats, and generational wealth hedges.

Growing demand from British buyers, strengthened long-haul connectivity, and the continued evolution of Laguna Phuket are reinforcing the appeal of Thailand’s largest island as a secure and globally connected place to live and invest.

According to data compiled by CNBC and global investment bank UBS, the city’s luxury property market is being insulated by an overwhelming concentration of private liquidity.