Worldwide sales of $100m-plus mansions reached a record last year and their popularity is likely to carrying on growing as billionaires look for places to park their cash, a report by Christie’s International Real Estate showed.
There were five sales of houses costing $100m or more last year, and a further 20 had asking prices in the nine figures. In 2013, only one home reached a sales price of more than $100m
Christie’s chief executive officer, Dan Conn, expects demand for such properties to continue rising this year, with interest coming from billionaires in countries such as Russia, mainland China, the US and Europe.
