The hottest housing markets for the super rich in 2024

The Port of Fontvieille Harbor in the Principality of Monaco.

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The ultrawealthy are looking for a better lifestyle and strong investment when it comes to buying their next home, according to a new study.

One-quarter of American ultra-high-net individuals, or those worth $30 million or more, plan to buy a residential property this year, according to the Douglas Elliman and Knight Frank Wealth Report. The average ultra-high-net-worth individual already owns four homes, according to the report. One-quarter of their residential portfolio is outside their home country.

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