History of Naples Luxury Real Estate - Market Update / Report
Naples is a city of rich history and culture, but one of its most notable features—and a defining feature of the area's luxury real estate market—is its climate. The city's temperate weather makes it a perfect place to live year-round, with average temperatures in the mid-70s during the summer months, and lows in the mid-50s during winter. The area is known for its beautiful beaches, but these days it's also attracting investors who want to capitalize on the area's rising status as an international tourist destination. Naples is also home to some of the most luxurious homes in Florida, as well as some of the most prestigious luxury real estate developments. Two of these developments are the Bay Club at Naples and Pelican Bay Golf & Country Club. Both offer access to some of Naples' best golf courses and tennis courts, as well as breathtaking views from their waterfront locations.
The history of Naples luxury real estate goes back centuries, but it wasn't until the 1950s that it started to become a truly sought-after area for wealthy individuals and families. During this time period, many wealthy families began moving into Naples because they wanted their children to attend top-notch schools. The market in Naples has been very strong since the 2008 recession and shows no signs of slowing down as more and more people are choosing to relocate to Naples for its beautiful weather and world-class amenities. In more recent years, more than 90% of homes sold in Naples were above $1 million dollars in value. This means that if you're looking for an investment opportunity, this is definitely a place where you'll want to invest your money. The city has grown steadily ever since its founding, but it wasn't until after World War II that Naples' growth really took off.
This was due to an influx of retirees from across the country who were drawn by Naples' reputation as a retirement destination for wealthy people seeking a warm climate and affordable property prices. According to statistics from earlier this year, prices in Naples increased by more than 30% from the previous year. Naples real estate is created for people with refined tastes - for those who want a lifestyle surrounded by stunning scenery, scrumptious meals, life-enriching activities and amenities, and the nation's best and award-winning health and wellness programs - with home prices ranging from $421,000 to more than $5 million. Naples, Florida is an idyllic place to live. With its warm weather and beautiful beaches, it is a paradise for people who want to enjoy all the amenities of modern life without compromising on the natural beauty of nature.
5 of the Most Exclusive Luxury Communities in Naples, Florida
Contributed by NaplesAgent.com - Downing-Frye Realty, Inc.