With a budget of US$20 million, what could you buy in the luxury real estate market? This is a question that is sure to pique the interest of many, especially those who dream of owning a palace in a prime location. In this edition of Luxury Defined, we take a closer look at some of the properties available in this price range.
Venice’s Grand Canal is the setting for the Palazzo Dario, a magnificent Gothic palace that has been a landmark in Venice’s prestigious Dorsoduro sestiere for over 500 years. This ornate four-story palace was built circa 1479 and restored in 1487 by Italian Renaissance sculptor and architect Pietro Lombardo. The palazzo is distinguished by its Grand Canal-front façade, which has been the subject of several notable art and literary works over the centuries. The museum-quality interiors unfold over four levels and include a private penthouse floor.
If you’re looking for a private beachfront compound, Aquamare on Virgin Gorda in the British Virgin Islands is a luxurious option. The freehold property on the white sands of Mahoe Bay comprises three five-bedroom villas, a two-bedroom concierge house, spacious terraces, and lush beachfront gardens with three infinity pools. The villas offer unobstructed views of the Sir Francis Drake Channel and the main island of Tortola. The property is equally suited as a private home or a boutique resort, offering the rare opportunity to own a private boutique beach resort in the BVI archipelago.
For those in search of a serene retreat, the Palace One in Taipei City, Taiwan, is a feng shui riverside palace in the green hills above the city. This property offers panoramic views of the city skyline, and the interiors are designed to create a harmonious living space. The grounds feature a beautifully landscaped garden with a koi pond and a waterfall.
If you’re interested in owning a piece of Los Angeles history, the Dorothy Chandler Estate in the historic Windsor Square neighborhood is a stately Beaux-Arts mansion that is one of Los Angeles’ great estates. Designated a Historic-Cultural Monument, the circa-1913 mansion was designed by architects J. Martyn Haenke, William Dodd, and Julia Morgan (the architect of Hearst Castle). The six-bedroom, eight full-bathroom residence accommodated so many U.S. presidents that their home was often referred to as the Western White House.
These properties are just a few examples of what you can buy in the global luxury real estate market with a budget of US$20 million. Each property has its unique features and charm, from historical significance to breathtaking views and exceptional architecture. If you have a budget of US$20 million and are looking for a luxury property to call your own, the options are certainly impressive.
