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London’s luxury real estate is hotter than ever, but which neighborhood is the chicest?
According to Beauchamp Estates, a company specializing in ultra-prime property, 92 private palaces with prices above £15 million were purchased in 2022, up from 40 in 2021 and a paltry 17 in 2020. Wealthy Americans looking to capitalize on the strong US dollar against the pound and investors from India, the Middle East, and the rest of Europe seeking a safe haven for their fortunes have all contributed to the recent uptick in demand for luxury townhomes, sprawling penthouses, and tasteful period conversions in the United Kingdom. Where, however, is the poshest address that can be found? Nearly a third