Around the world, properties near the sea, lake or bay command a premium.
Calming sceneries of blue waters and the affluent lifestyle associated with waterfront properties often make living in such areas even more glamorous and appealing.
But waterfront properties go beyond the lifestyle appeal as the economic benefits offer an equally attractive proposition.
Data from property consultancy firm Knight Frank showed that the average global uplift in premium for waterfront properties was 40 percent compared toinland property, while 59 percent was the typical price premium for those with a harbor view.
Thus, among the most expensive listings are usually waterfront properties like…
Keep on reading: SMDC Sands Residences brings to Manila the luxury, premium of a waterfront home