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Women Hold Sway In Luxury Real Estate Market

Women Hold Sway In Luxury Real Estate MarketThe luxury real estate market is finding out what many other sectors have known for a long time: women have a profound effect on the purchase decision. According to a new study done by the Luxury Institute, women make almost two-thirds of all purchase decisions in households with incomes above $150,000. The study determined that 22% of married women make all household investment decisions alone and two-thirds of married women make investment decisions jointly with their husbands. Women also make real estate purchase decisions solo in 31% of households.

The role of women in major purchase decisions can’t be underestimated, in both the building phase for luxury real estate and in the selling phase, when potential buyers will be examining investment properties carefully. The importance of an excellent design, that is both visually appealing and highly functional cannot be overstated.

If you’re considering the construction of a luxury home as a speculative investment, you’ll want to pay special attention to details and amenities that will appeal to women. Floor plans, special attention to design and function in the kitchen, dining area and entertaining spaces will be of the utmost importance. Windows should capture the best possible views in the signature rooms in the home where guests are most likely to congregate.

Select Mexico Properties offers impeccable design, engineering and construction services in addition to property sales. These professional packages can speed you through the process of designing a home and securing all of the proper municipal permits. Additionally, construction on a luxury home can be completed in four to six months – often much sooner than other contractors can complete the work.

With a luxury home designed and built by Select Mexico Properties, and located on the perfect hillside building site, the investment potential of such a home is sure to skyrocket as demand for luxury properties in Puerto Vallarta escalates.

Photo Credit: Kathryn McCallum

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