2023 is a big year for luxury real estate! After almost three years of pandemic havoc, the market is continuously redefining itself. With the US dollar strengthening, more Americans will look to increase their buying power further afield. The National Association of Realtors states that global buyers are on the rise, as approximately 92% of US respondents are looking to buy property elsewhere. With the location being a top-tier pull factor, luxury residential developments that are opening in 2023 across some of the most sought-after real estate markets in the world including the Caribbean, London and New York, are attracting more luxury real estate buyers.
Amenities at these new luxury residential developments range from private pools, state-of-the-art wellness and fitness centers and golf courses to private beachfront access – exactly what big spenders are seeking.
The Residences at The St. Regis, Los Cabos – Mexico (Set to open Q4 2023)
Located on a 33-acre site at the Southern tip of the Baja Peninsula, The Residences at The St. Regis, Los Cabos features 74 stunning residences, offering condominiums and villas. The oceanfront villas’ oversized glass walls extend the living room onto a grand shaded terrace with an outdoor kitchen and an infinity-edge pool that spills into a 60-foot, private stretch of beachfront. On property, owners can enjoy the beautiful Mexican sun and have access to seven resort pools, gardens and landscaped courtyards, and the award-winning Jack Nicklaus Golf Course and Quivira Golf Club.
St. Regis Cap Cana – Dominican Republic (Set to open Q4 2023)
The Residences at The St. Regis Cap Cana is the first and only five-star branded real estate offering in Cap Cana. The most luxurious residential resort in the Dominican Republic is located within the exclusive, master-planned community of Cap Cana, just south of Punta Cana on the eastern tip of the island. Owners will have access to all the bespoke amenities and services of St. Regis. Access is also provided to the amenities of Cap Cana, the Caribbean’s fastest-growing and most stable tourist destination, which includes the Punta Espada Golf Course, rated as the #1 Best Golf Course in the Caribbean and Mexico by Golf Digest.
Mandarin Oriental Residences, Fifth Avenue – New York (Set to open 2023)
Located on Manhattan’s most iconic stretch, Mandarin Oriental Residences, Fifth Avenue is surrounded by renowned luxury shopping, fine dining, and cultural landmarks with Central Park a short stroll away. Each pied-à-terre home boasts rich architectural details, modern finishes, and an impeccably curated furniture package – offering incomparable turn-key service and uncompromising style. Developed by SHVO, the 69 Residences are housed in a landmark 1920’s building. Some amenities include a residents-only Boulud Prive, the first private dining concept by Chef Daniel Boulud, as well as Manhattan’s only residents-only pool.
The Residences at Mandarin Oriental, Mayfair – London (Set to open 2023)
The Residences at Mandarin Oriental Mayfair, London in the heart of the city’s renowned Mayfair district will be Mandarin Oriental’s second Residences in London. Located in fashionable Hanover Square and developed by Clivedale, the 77 Residences will be steps from some of the most exclusive dining, shopping, and entertainment.
The Residences at Mandarin Oriental, Muscat – Sultanate of Oman (Set to open 2023)
The Residences at Mandarin Oriental, Muscat will be home to the most exclusive beachfront homes in the city. Developed by Eagle Hills, the 156 Residences will be part of Mandarin Oriental, Muscat and boast expansive views over the Arabian Sea. Owners will enjoy luxury living within world-class community minutes away from the Royal Opera House, Sultan Qaboos Grand Mosque, and Al Qurum Park. Some amenities include an outdoor pool, game room, and theater, in-residence dining, and more.
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