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Found 1 blog entry tagged as "luxury villas".

Expenses from renovating, maintaining and staffing a property can really pile up.    Costs might be much greater than expected when purchasing a dream property. Purchasing a chateau in the French countryside, an oceanfront mansion in Malibu or a villa on a Tuscan vineyard often means realizing a lifelong dream for ultra-high-net -worth individuals. But once they’ve closed the deal and moved onsite, many are surprised by the hidden or unforeseen costs that pile up as they’re tasked with renovating, maintaining and staffing the property, experts say. Buyers new to luxury real estate, who just had a major capital event, like selling their business or inheriting some money, are the most likely to be caught off guard by…
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