luxury

Pagani’s new convertible is a tribute to the 50’s luxury

by

Support signed by Horacio Pagani are a guarantee of power, engineering and the more exclusive design. Therefore, to have a special edition of any of their cars in the garage, more than an investmentit is a treasure within the reach of very few. Specifically, in the case of Huayra Codalunga Speedsterwill be only available to 10 millionaires. A toast to classical elegance Pagani has just presented a Very limited edition from its hyperdeportivo Huayra Codalunga that now arrives in convertible version. According to the manufacturerthis version “is inspired by the Italian sportsmen of the 50s and 60s”, joining the elegance of luxury cars of classic cutting, with the Las Barquetas Sports Style of inherent competition throughout the Huayra range. The Huayra Codalunga Speedster represents the modern reinterpretation of classic sports, combining the elegance and aerodynamics that the “long tail” feature that characterizes the Codalung versions that proposed the Coupé versions maintaining the four central exhaust pipes that identify all the pagani. This new edition of Pagani Huayra Codalunga Speedster maintains the elongated and ascending rear feature From the previous Codalunga, but add a removable roof. When adopting its convertible configuration, the Speedster leaves the antivuelco bars after the seats and all the luxury that houses inside. The interior of this hyperdeportivo is plagued by winks to the Sports cars of the 60sfrom the exposed gear lever, through the dashboard rivets or the disposal of the analogical clocks and analogical accounting. The exclusivity of their finishes, with hand -sewn fabric inserts by Pagani artisans, become more evident when they are exposed with the ceiling collected. At the same time, sports seats, covered by a combination of leather worked and handless with the same fabric that covers part of the dashboard, looks a futuristic design that connects it with what is expected of a 2025 car. Limited production for select pockets Under the hood, Huayra Codalunga Speedster sets a 6-liter V12 engine with double turbo of Mercedes-Amg origin like the one that mounts the Pagani Utopia Roadster. This propeller develops 864 hp and 1,100 nm of torque, which is around 20 hp more than the Coupé version. This improvement makes it one of the most powerful convertibles in the world. The model will be available with two gearbox options: an automatic 7 -speed xTrac of Pagani and another with full manual change as a tribute to the Supporters Classics of the 50s. Pagani will only produce 10 units of this convertible limited edition and, although its official price has not been made public, it is expected that it will be a price similar to its Codalunga Coupé version: seven million dollars. A reserved whim For very sanitized pockets. In Xataka | Some millionaires decorate their mansions with works of art. Others hang a pagani zonda r evolution as if it were a picture In Xataka | They are founders and ultra -ups, but they have not always driven luxury supercoches: a review of the cars of the Tech millionaires Image | Pagani

There was a day when buying a luxury watch was a very profitable business. The US tariffs are getting it again

by

The second -hand luxury watch market has lived a roller coaster in recent years. After a record time promoted by New millionaires of cryptocurrencies and of the bag, the bubble of luxury watches exploded. Now, factors such as the rebound of cryptocurrencies and changes in the commercial war initiated by the US are reconfiguring the recovery panorama of this exclusive market. 2020: cryptocurrency boom and stock market. Interest in luxury watches not only reflects a passenger fashion. The nature of luxury watches, considered as much as works of engineering art as An alternative investment form which sometimes exceeds the stock markets in profitability, also responds to global economic movements and the search for shelter assets. During the pandemic and the later years, the rise of cryptocurrencies and the good moment of the bag generated a new wave of millionaires. Many of them, driven by the need to invest their earnings in tangible assets, launched a tropel to buy luxury watches. This trend especially affected brands Like RolexAudemars Piguet or Patek Philippe, whose most coveted models were difficult to get in traditional stores due to their limited production. That dramatically increased demand by exceeding the supply. The result: a bubble that led to the second -hand market of these exclusive watches to shoot reaching Duplicate the price They cost new. The collapse of the bubble. This bubble It soon exploded. When financial markets began to show signs of weakness, many of the investors who had acquired luxury watches They decided to sell themsaturating the second -hand market with the pieces that had bought at a price inflated a few months before. The oversight and the lack of buyers caused the watches that were previously sold for twice their original price now barely had a way out, making prices fall to historical minimum values. Stabilization and recovery factors. At present, although the second -hand luxury watches market still remains at modest levels, begins to show signs of moderate recovery. Such and as they highlight in Bloombergalthough the figures are far from the levels reached after the pandemic, the sector begins to recover, partly driven by the renewed interest of cryptocurrency investors after The rebound that has experienced In recent months. The uncertainty about tariffs To European luxury products imposed by the US, including Swiss watches, may be braking that boom, since they affect both the final prices of sale in store, and the availability of products in key markets such as the American. Tariff impact. After the announcement of the tariffs that the US was going to impose on Europe, American luxury watches suppliers reacted immediately. According to published data By Bloomberg, after the “Day of Liberation”, in which the beginning of the Trump’s commercial warthere was an increase in the purchase volume in the North American market of 150% as anticipation at the entrance of tariffs. A reaction that Not even Apple could avoid. However, the next month, purchases fell 25% because simply, suppliers had already bought everything they could and the tariff sanctions of Trump had not appliedwhich caused the supply of new watches in stores to cover the demand. So second -hand market prices have remained stable. The diversification of luxury. At the same time, the stagnation of Sales of luxury products in Asiaespecially in China, it has made luxury watches manufacturers have more stock for European and North American markets. That also contributes to stabilized second -hand prices because there is not so much pressure on the availability of new stores in store. In addition, the rise of high jewelry for men is also contributing to the recovery of the second -hand market of luxury watches develop without shocks. Until relatively recently, watches were the only remarkable jewel in male fashion. However, in recent years The trend has changed and necklaces, bracelets and other jewels are part of male outfits. Not even Mark Zuckerberg He has been able to resist. In 2023, the volume of that market was 8,500 million dollars, but by 2025 it is estimated that it will grow to 9,410 million dollars, indicating that male jewelry is gaining ground and watches are no longer the only option for high purchasing power investors. In Xataka | Casio for Gates, Omega Lunar for Bezos, Patek Philippe for Arnault: What the clock of each billionaire says about him In Xataka | Mark Zuckerberg has put on brown and gold chains to grind more. Surveys say it still falls badly Image | Rolex

After the cruise ship, now traveling by train has become the real luxury. And he is living his golden moment

by

Summer is just around the corner and, in all likelihood, you already have your vacation organized. According to datafrom Hosteltur, about 37.7 million people worldwide will have chosen a cruise in 2025 for pass your vacation. That figure demonstrates the boom that has suffered The cruise sectorand also explains the change in trend in their preferences for the holidays of 1% richer on the planet: train trips. But not in Any train. They are trains with a centenary history that little have to envy to the best five -star hotels. The luxury trips over rail They are experiencing an unprecedented boom, driven by a new generation of travelers looking for unique, slow and highly personalized experiences. The train is no longer just a means of transport: it is the destination in itself. Luxury train rebirth. The luxury train trip, which was previously seen as A nostalgic rarityis experiencing an unprecedented boom promoted by High purchasing power travelers that seek unique and exclusive experiences. Frank Marini, CEO of Railbookrs, He counted to Fortune That the demand for luxury train trips has shot in recent years, with all exhausted offers and with waiting lists of thousands of people. This trend reflects a change in the high -standing travel market and that luxury trains experiences are living their golden age. Growth is evident in the figures: in 2024, Tara Minson, president of Inteletravel, assured that her company had registered an increase of 65% in luxury trains reserves in the last year. What distinguishes the luxury train against cruises or private jets is its exclusivity. “People wanted the opportunity to relax. There are probably better way to do it than sitting in a cabin of a luxury train, looking out the window, reading books, talking and with excellent service on board,” he said Fortune Gary Franklin, Senior Vice President of Belmond. Changes in traveler’s profile and new routes. The profile of the luxury train traveler has changed significantly. Minson stressed that “the train, especially the luxury train, used to be for a larger audience, but now we are seeing many millennials and members of the Z generation who want to live a luxury train vacation.” The attractiveness of this type of travel lies both in the desire for exclusivity and in the Sustainability componenthighly valued by the youngest, and in the new “Slow Luxury” concept that invites you to reconnect more with experiences. “Traditionally, the main demographic group of luxury train trips have been high purchasing power couples and friends between fifty and seventy years. But the new Belmond or Accor Group offers has attracted millennials and the most wealthy Z generation,” assured to Fortune Anna Tretter, Travel Advisor of the Agency Fora X. The offer has also diversified. Belmond, one of the most recognized brands in the sector and owned by the luxury giant Bernard Arnault LVMHIt has a portfolio of seven luxury trains worldwide. In its catalog, the famous one is included Venice Simplon-Orient-Express covered the route between Paris and Istanbul from 1883 and was considered the most luxurious train in the world, serving as a stage for Police novels and 007 films. But not the whole market points to the ultra rich elite. There is also space for what Minson calls “small luxuries”: short escapes in trains such as Rocky Mountaineer In Canada, which can cost about $ 1,600. “It is its anniversary, its desire list, its way of celebrating,” says the manager. Exclusive experiences and prices at height. The experience aboard a luxury train is designed to match the standards of a five -star hotel, so it is not surprising that the price per night in experiences such as the L’Observatoire car exceed $ 100,000 per night. Comforts include private bathrooms with heated floors and personalized butler service on board. In addition, you can find menus with Michelin stars, first level entertainment and private suites that offer maximum privacy and comfort. The most exclusive trip of Railbookers for 2026, Around the World by Luxury Trainhas an approximate price of $ 124,000 per person and consists of a 59 -day tour that crosses more than 20 cities in 12 countries and uses seven different high -end trains. According to Marini, “the train offers views that you cannot see by car or by boat. In many cases, it is also your gastronomic experience, your hotel and even your social experience during the trip.” Luxury also suffers delays. However, like the rest of rail traffic, luxury train trips also suffer delays. Belmond already finalized the details to carry out the first trip of his Britannic Explorerhas been forced to postpone its premiere until July 21. According to He declared a spokesman Belmond to the British The Independent“To ensure that we comply with our high operational standards, we have made the decision to adjust the initial schedule.” Although many have decided to postpone their travel plans, the company has had to reimburse the between $ 12,000 and $ 75,000 that some passengers had paid for three days of crossing through the English countryside. “We are sure that this adjustment will allow us to offer extraordinary experience to our guests.” In Xataka | This is the Dolce Vita Orient Express, the Italian train of up to 21,400 euros the room for two nights Image | Bermond

The idea of ​​writing with luxury material

by

Even the simplest and most traditional shops are susceptible to finding a gourmet version. Bakeries, coffee shops or ice cream shops in special and exquisite mode is understood, after all we talk about food. But … And the stationery? Are the catalog of the stationery stores, economical, accessible and massive by definition, gourmetizables? There are shops who think so, and the success of stationery stores like Panda Bohéme in Vigo is a good test. Everything is gourmet. Or, at least, everything can be gourmet. It is a phenomenon that already dates from some years, linked to premiumization and specialization of traditional shops, where everyday products are transformed into objects of desire through design, quality, customization and purchase experience. It is the answer we have to the advancement of digitalization and mass standardization, looking for exclusivity, individuality and sensory pleasure in daily life and everyday life. Examples? Gourmet bakeries and pastries, Specialty coffee shops, Artisanal ice cream shopscheese and selected charcations, design florists and, of course, and linked to gourmet stationery stores, independent libraries. And stationery. This, applied to the stationery stores, runs in the same direction: the type of products that are in a traditional trade in the sector, but with the focus on the exclusive, the artisanal and creative inspiration. A lot of material for crafts, calligraphy, drawing and accent in the premium product: notebooks, pens, folders, all of good quality and with somewhat higher prices than usual. And also import products, especially Japan, where there is a whole Cultural obsession with stationery products. German origins. A pioneer example in Europe from this type of shops is Divine Designfounded on Germany in 2003and that from its origin it was distinguished by its commitment, unheard of in the times prior to the global massification of the Internet, for ecological materials and the high standards of quality of its products. As of the 2010, The phenomenon began to expand through Europe and Asiadriven by the rise of Japanese, Korean and American brands. The return to the world in a thousand stationery. According to the trend he has expanded around the world, each country has welcomed it to its aesthetic and cultural preferences. For example, in Japan there are Material brands for this type of shops like Kokuyo, Tombow, Zebra, Pilot, Uni-Ball, Sun-Star or Midori, and stand out for how they combine functionality, aesthetics and pleasure of use. The deep roots of Japanese culture with the paper industry is remarkable, both for its millenary tradition with material and his conception of writing and calligraphy as an act of emotional root, as with the adoption of recent aesthetic currents, such as The Kawaii. In Korea, aesthetics is even more accentuated, with brands such as Iconic, Monami or Livework, with the accent placed on the design and soft colors. On the other hand in the United States, it is committed to the functional and the resistant, although there are also minimalist designs and veteran brands, where names such as Cloth & Paper or Smythson stand out. And in Spain? The phenomenon has been settling in Spain for a few years, with certain common elements: the essential presence of Japanese and Korean material and the importance of social networks and the Internet in the business. For example, one of the most prominent gourmet stationery stores is Panda Bohèmeof Vigo, with a physical store of more than 250 m² where it organizes events and workshops, such as Pop-ups of import marks. Significantly, your Instagram account has almost 40,000 followers due to the care with which they show and teach their catalog. Other important stores are Likely.es, Bomagui either Ikigai. Paper philosophy. This flowering of libraries has a lot to do with the movements of Digital detoxification who advocate a Return to physical experiences. The pleasure of writing on paper, although it seems unchanging in these times of total digitalization, has some connection with ancestral traditions that in high -end stationery stores have been in charge of modernizing and providing meaning again. New times for activities as old as humanity itself. Header | Panda Bohème In Xataka | This has not been written by a human hand: how the Deepfakes manage to imitate (and create) impossible calligraphies

It is a luxury house in Japan with gallery to see your cars from the couch

by

Aston Martin a fame is carved more than 100 years both in the Speed ​​circuits as in the most exclusive garages by design of its supercar. However, for its last adventure, the brand of British origin has not needed wheels or pistons, but concrete, wood, glass and a lot of design. Following the tendency of many other luxury cars manufacturers, Aston Martin has presented its first private residence in Asia: No. 001 Minami Aoyama, located in the coveted neighborhood of Omotesandō in Tokyo. “The new townhouse is the first private residence designed by the British ultra luxury brand in Asia,” says Aston Martin about this pioneering project. From the circuit to the city The attractiveness of this project is not limited only to its real estate exclusivity in the area in which geographical has been built, but also to the integration of elements of the DNA of Aston Martin in every corner of the house. More and more luxury cars manufacturers move their design language to exclusive real estate projects. Brands Like Mercedes-BenzPorsche, Bentleyeither Bugatti They are diversifying their market by signing the design of luxury buildings and residences in which the same attention is applied as in their supercar. This trend responds to a growing demand for clients looking for integral experiences, where the car badge not only represents its manufacturer, but a lifestyle and the taste for exclusive (and expensive) details. “One of the most significant aspects of design is the car gallery, which provides an exhibition space to present two Aston Martin as sculptural works of art,” says the brand, underlining the prominence of the car even inside the building. Be able to sit comfortably on the lounge couchTo contemplate beauty of your supercar It is the new way to enjoy luxury. This is not the first real estate project of the brand, which already has other custom residential developments with the Aston Martin Residences In Miami And The Astera Interiors By Aston Martin In Dubaiand now this new project in Tokyo. It’s a house, but it’s Aston Martin Project No. 001 Minami Aoyama has no wheels, but yes 724 m² distributed in four floorswith an architecture that combines Japanese minimalism and the British style that characterizes its cars. The house has three bedrooms with suite bathrooms, gym, wine warehouse, private cinema and even a basement simulator in the basement. The outdoor spa area and the hydromassage bathtub are coated with hinoki wood, and the kitchen with volcanic stone that evoke the crafts and materials of the DBX interiors. “Clean lines, fissure limits and long -range views allow residents to connect and experience this unique location,” explained Marek Reichman, executive vice president and creative director of Aston Martin. A folded steel staircase, Inspired by Origamiconnect the four levels of the house, while the landscaped terrace that crowns the building offers a relax space with privileged views of the city and the Tokyo Tower. “The growing presence of Aston Martin in Japan and the rest of Asia has provided fertile land for inspiration and collaboration,” said Reichman. The house already owns, but has not transcended its purchase price, but as a reference, a 650 square meter attic in the same neighborhood It has been costing about 65 million dollars. Aston Martin firm, apart. In Xataka | 35% of Monaco’s inhabitants are millionaires. The car of its car is a Porsche 911 race of 150,000 euros Image | Aston Martin, Unspash (Dushawn Jovic)

Fly has become hell, so someone has decided to resurrect the synonym of “luxury” in the planes: bread am

by

PAN American Airways Incorporated. Bread amin the screen printing of airplanes. Who was at Lisbon airport on June 19 had to think for a moment he had traveled in time. That without realizing it, the police control was actually a worm hole that had sent it directly to the 60s. Then, he would take advantage of his mobile phone and realize that, indeed, nothing had changed. It was still on June 19, 2025. But something strange happened. Why did an plane that had stopped manufactured 20 years ago? And, above all, why did the lyrics of a broken company in 1991 have been scheduled? Elon Musk vs Jeff Bezos: The Galaxies War Remember what luxury was Indeed, aeronautics fans would be stunned last week when An AM PAN plane He landed on the Portuguese airport track. Not only that will travel through Europe before returning to New York on June 28, where it was coming last week. If you want to get a ticket you may be late. Late to buy it and afternoon, most likely, to gather the almost 65,000 euros that the trip costs. Because the trip aboard the Boeing 757 that revives the PAN AM trip is organized by BARTELINGSspecialized in private trips by plane, and Travel criteriontravel specialists designed for experts in a specific sector. Together have created Beyond Capricorn to recreate in the 21st century the trips of decades ago. Lisbon is part of the First itinerary Organized by these companies. With departure in New York and Stop in Bermudas, the PAN AM plane will be seen in Lisbon, Marseille, London, Shannon/Foynes (Ireland) and return to New York. The price of this trip has been $ 65,500 for those who have traveled alone and 59,950 dollars for those who have reserved two tickets. Prices shoot for this Second Tourwith departure in San Francisco and stops in Tokyo, Siem Reap, Singapore, Darwin, Sidney, Auckland, Fiji and back to San Francisco. In this case we talk about $ 94,495 departure (reserving two tickets) and 103,995 dollars for those who travel alone. Good, Old Times. (Commons) And what is offered? Well, in addition to infarction hotels And guided tours of the cities, the experience of flying as it was flying more than a decade ago. That is, absolute dedication by the company’s staff, haute cuisine food on board and a plane that has been reconfigured inside so that the 50 passengers feel the comforts of the class Business. Of course, all the details of how he was traveling have been recreated. The interior of the plane seems to be taken from a time tunnel and all the people wears the experience in which these companies are inspired to recreate the luxury trips of more than half a century ago. Routes recreate Flying Boatsluxury cruises that the wealthiest customers maintained for weeks circling the world. In Xataka | Vigo airport has released a novel and digital control tower. There is only one problem: complaints about security

A luxury supery parade

by

In recent days, the port of Palma de Mallorca has become In the epicenter of world nautical opulence with the simultaneous arrival of the Superyates of Jeff Bezos and Mark Zuckerberg to the island. It is not the first time that the Mallorcan Navy receives these impressive yachts, but they had never coincided. In 2023, Jeff Bezos made one of his first crossings aboard the Koru By the Balearic Islands, while Zuckerberg tried that his yacht Launchpadof 300 million dollars, will go unnoticed In 2024 while celebrating his father’s birthday in Mallorca. A giant parade. Seeing a 127 -meter slope of length and 500 million dollars cross with a 300 million superyte at the entrance of the Mar de Palma de Mallorca Club is not a stamp that occurs very often. At least not weeks before the start of the summer season. As published Diario de Mallorcahe Koru He arrived in Mallorca on April 25 after crossing the Atlantic. On Monday morning he made his entry into the bay the Launchpad by Mark Zuckerbergwhich came from sorting the Norwegian waters after the Last adventure of the Founder of Meta. To the couple of Titans of luxury in the high seas, a third party has joined in discord: the Creoleby Maurizio Gucci, an exclusive schooner of 1927 with 65 meters of length of the Gucci family since 1983. The coincidence of these sea giants has not only surprised the inhabitants and visitors of the islandbut has also marked a precedent in the recent history of the Mallorcan Maritime Club, which is just planned Inaugurate the expansion of its facilities next July. With similar Superlyates traffic And of Millionaires, it is not surprising. Coincidences do not exist. This luxury parade for the Mallorcan pantalans has not been the result of chance. Both the presence of Launchpad like that of Koru and Your support ship Abeona They are framed within the operation for the imminent wedding of Jeff Bezos and his fiancee Lauren Sánchez, which will be held in Venice between June 24 and 26. As They point From the last minute media, Mallorca has served as a scale for these colossi before continuing its journey to Venetian waters. In fact, according to Data provided By vesselfinder, el Koru De Bezos has already abandoned the Balearic Islands and is anchored in front of the port of Antibes (France), discreetly initiating the approach to its destination in Venice. The Venetian wedding. Jeff Bezos and Lauren Sánchez’s wedding will be held in Venice, but not aboard the Koru, as It was initially thought and later He denied he Dailymail. On the other hand, both the bezos and Zuckerberg Sortryate and other luxury yachts that go to the millionaire link, will serve as landing platforms to bring the guests by helicopter and like exclusive accommodation of some of the hundreds that are expected to go to the ceremony. Among the names that appear in that select list are figures such as Bill Gates, Leonardo DiCaprio, Mark Zuckerberg and singer Katy Perry, who recently accompanied Lauren Sánchez on your space flight. Donald Trump and his daughter, Ivanka Trump, are also among the guest list. However, the US president of the US has not yet been confirmed, taking into account the Last rifirraphs Between the Trump and Amazon government. In Xataka | Ultrararicos change the ground for a superyte during the summer: so are some of these floating mansions In Xataka | We already knew that superyates were floating mansions: that of Roman Abramovich is a fortress with antimile shield Image | Wikimedia Commons (SMBAT13, Daniel Oberhaus), Goal

In times of fall in stock market, a luxury investment has become a “shelter”: bags

by

In times of financial uncertainty, generalized falls In stock markets around the world and the dollar losing credibility as a reference currency, investors seek refuge values ​​to protect their assets. The gold It used to be the safeguard In times of crisis, but a new trend has gained strength in recent years: the Investment in luxury articlesespecially exclusive bags such as Hermès Birkin. Get out of the bag to get into the bag. The attractiveness of these high -end bags signed by Hermes, Louis Vuitton Or Chanel not only resides in its exclusivity and status, but also surprise by their profitability. While actions and gold experience ups and downs, Birkin bags have demonstrated a constant revaluation of their value in the second -hand market. During periods of financial volatilityluxury bags, and in particular Hermès Birkin, has positioned itself as an asset of investment at levels of artthe high -end watches or the Classic luxury cars. According to the report of Art Market Researchin the last two decades, luxury bags have gone from being an accessory to what is now “the only category of collecting women centered.” Scarcity marketing. This investment model is sustained thanks to something as basic as the law of supply and demand. Hermès, like most luxury brands, applies a deliberate scarcity strategy with a very limited production of their pieces in which, curiously, It is the brand who chooses What products sell to your customers. The high demand for these articles causes waiting lists among their clients that can reach six years. The perception of exclusivity increases the desire for the product, which causes automatically revalue in the second -hand market when leaving the store. This is a phenomenon quite common In markets. For example, we live it after launch of the Sony PS5when these consoles arrived with counts to stores and doubled their price in the second -hand market or, at another level, with The Purosangue Ferrari. More Birkin, less gold. The Birkin de Hermès, is considered one of the best investments in the world of luxury, even surpassing traditional assets such as art or gold in terms of profitability and stability. A 2020 study Prepared by Credit Suisse and Deloitte, he revealed that the value of the Birkin increased 38% on average that year, far exceeding the performance of the S&P 500, which grew 16.3% in the same period. A study Baghunter compared the value of Hermès’ bags with respect to the S&P 500 and gold since 1995. The results showed that the financial behavior of the Birkin was much more stable and profitable than the stock market index and the value of gold, with a less volatile market and greater interannual returns. While the S&P 500 offered an average annual return of 8.65%and gold just 1.9%, the Birkin registered an average annual increase of 14.2%. A second -hand birkin: from 9,000 to $ 200,000. As with the market of the Collection luxury watchesthe high demand for certain editions of Birkin has generated spectacular revaluation. A Birkin de Hermès costs between $ 9,000 and $ 12,000, but can reach prices of up to $ 200,000 In auctions or specialized platformsdepending on its rarity, state and materials. In 2015, a pink crocodile skin birkin was sold by a record of $ 223,000, consolidating the reputation of these bags as high performance investments. The most expensive birkin ever auctioned was a Birkin 30 Himalayas with diamonds, than It reached a price of $ 450,000 in 2014. The Chinese offensive: the true value of the Birkin. In a context of commercial warfare like the current one, the boom of the Birkin as an investment has not been exempt from controversy. After the imposition of tariffs by the Trump administration, Chinese influencers networks They have started a campaign To demystify the value of these bags. During the last days, Tiktok and X They have filled with videos of these Chinese influencers directing directly to the customers of these brands by analyzing the manufacturing costs in China. The message indicates the manufacturing price of a Birkin of Hermès around $ 1,400, while luxury brands sell their bags for a price up to ten times higher than its real cost, feeding the perception that there is a speculative bubble around these luxury items. In Xataka | A rare 900,000 clock has marked the end of moderation in goal: Mark Zuckerberg and his fondness for expensive watches In Xataka | Nicolas Puech: Hermès’s Swiss Millionaire who wants to leave a gardener with Spanish ties as the only heir Image | Hermes

In Singapore, luxury is not having a Ferrari or a Lamborghini. True luxury is simply driving

by

Singaporethat little city/country-state between Malaysia and Indonesia where they barely exceed five million inhabitants, is a Place of contrasts. While the enclave has a high degree of government control and certain practices that can be described as repressive, on the other they embrace new technologies to the point of being A world reference in the public sphere towards AI. There, having a car is not a practical need, it is a statement of status. Drive in Singapore. The story was told this week The New York Times. In Singapore, possessing a car is not something practical, it is rather a statement comparable to dressing a designer suit or wearing a luxury watch. The reason? He Property Certificates System (introduced in 1990 to control congestion and pollution) imposes on citizens the payment of Astronomical sums Only for the right to buy a vehicle. These certificates, known as Certificates of Entitlement (COE), can reach up to $ 84,000raising the total price of common cars to Exorbitant figures more typical of a supercar. As the newspaper of Insurance agent Andre Lee told the newspaper, which in 2020 paid $ 24,000 for a kia forte Second hand, having a car was simply part of its professional image, although it later acknowledged that the expense was not justified and chose to sell it. An unnecessary luxury. It is also explained on the other hand. With a public transport network affordable and effective, Few residents They really need a car to move around the city. Long routes cost less than two dollars and transport apps such as Grab are widely available. Despite this, twice a month they are celebrated COE auctionswith limited quotas set by the government. This policy has been very effective: Singapore has only 11 cars per 100 inhabitants, well below countries like the United States or Italy, where the figure exceeds 75. Other cities have adopted by measures against congestion, such as urban tolls In LondonStockholm or New Yorkbut no charge both for having a car and Singapore. The car and social classes. For the richest in the country, acquiring a vehicle with all associated costs does not represent a problem. Su-Sanne Ching, businesswoman, said paid $ 150,000 by A Mercedes-Benzincluding a coe of $ 60,000. On the other hand, for the middle class, especially families with children, the car becomes a luxury difficult to sustain. Joy Fang and her husband told the Times that they bought in 2022 a used Hyundai for $ 58,000 to take their two children. Every month they allocate More than 10% of their family budget to keep the vehicle, which has forced them to reduce departures and trips. Even so, they consider that the alternative (moving with young children and bags in public transport) is unfeasible. Sometimes not even symbolism. There are more extreme cases. Even for those who acquire a car for symbolic or professional reasons, Like Andre Leecumulative expenses can make The decision loses meaning. Maintenance, gasoline, parking and insurance end up exceeding the initial expectations. Read, for example, sold his car three years after buying it and now moves in public transport, or borrows his father’s vehicle when he needs to meet with customers. In his opinion, there are other priorities that ended up despite more than the image that projected to have their own car. Rational choice against chaos. Singapore’s restrictive model contrasts with that of other Southeast Asia cities Like Yakarta or Bangkokwhere extreme traffic converts displacements into an odyssey. For many Singapurenses, giving up the personal car is a reasonable price for enjoying more clear streets and fast journeys. In this regard and According to sociologist Chua Beng Huatthe choice is cultural and practical: the population prefers to avoid long hours behind the wheel. The man himself, despite having a SUV byd to move his grandchildren, says he turns to the subway when he goes to the center. Ultimately, the car in Singapore seems to have become a more than functional aspirational good, one reserved for those who can afford it without compromising their economy. Unlike other parts of the world where the vehicle represents an almost imperative need for mobility or independence, on the island-state it is, for many, A luxury compared With the most ostentatious objects. There is like having a rolex, or almost. Image | William Cho In Xataka | Guide to know if your car can circulate through the Zbe of Madrid in 2025: labels, registered and areas In Xataka | How to make an appointment at the IMSS online in Mexico

Luxury floors are so expensive in Madrid that Millionaires already look at more “affordable” areas such as … the moral or farm

by

Throughout a whole year a half -won (or won at least in 2022, last data of the INE) a salary of around 27,000 euros. It is a considerable sum. But soon it will not even pay an M2 in the Madrid residential luxury market. This is estimated by the consultant Colliers, who in A report Published this same week on the most exclusive properties of the capital, letting a striking idea: prices of the city real estate They are warming up In all segments, also the Prime. In fact, this price increase in the central almond of Madrid is forcing which part of the demand It moves to other parts of the city, such as the moral or farm. Probing luxury. In Your reportColliers is dedicated to putting the thermometer to the most exclusive segment of the Madrid real estate market, which is associated with labels such as Ultra High-end, High-end, premium either Branded reside. Basically these are homes that cost at least two million euros (much passes from the five) and in certain cases they are associated with a hotel brand that offers services, which gives them a plus of exclusivity. It may seem a very limited segment, but Colliers reveals that it has some weight in the most exclusive neighborhoods of the capital. In the report its technicians claim to have identified in the Barrio de Salamanca, Chamberí, El Viso and Centro 153 homes For sale that two requirements meet: they are new construction and go from two million euros. There are more 52 that belong to the most exclusive group, the Ultra high-endwith a price per m2 that reaches 27,400 euros. A figure: € 1,550. One of the first conclusions that the report leaves is that the residential luxury market has not remained oblivious to generalized increase of the house in Madrid. The other way around. Colliers estimates that throughout the last decade the price of M2 in the market High-end The capital has grown at a rate of € 1,550/year, which the consultant interprets as “constant and sustained growth.” In practice that means that the M2 in the most exclusive properties and floors is today much more expensive than in 2005. And you don’t have to look so far back. Surprises. When analyzing the luxury housing stock for sale in Madrid, the consultant has encountered two surprises: first, the number of promotions and homes has increased considerably with respect to 2023; Second, the maximum prices are today quite higher than those that were handled just two years ago. If in 2023 the maximum was in € 24,800/m2now it goes from 27,400. On the contrary, the minimum values ​​have softened around 12%. 27,400 for an M2. What is the result of this “constant and sustained” price increase? That right now the residential square meter in the most exclusive homes for sale in neighborhoods such as Salamanca, Chamberí or Viso Ronda, on average, 18,300, with some cases in which this value has shot above € 27,400/m2. This is just that, means that can vary depending on the characteristics of the property or the concrete area of ​​Madrid in which they are located, but still interesting. In the Salamanca neighborhood for example Colliers analyzed 112 properties in which the average square meter cost ranged between 12,000 and 18,600 euros, which translates into homes that cost by total between 2.75 and 8.6 million. In Chamberí the photo already changes and the consultant did not register properties in which the € 17,800/m2 was exceeded. Spraying records. They may seem high prices, but if Colliers technicians give in the nail it is likely that in a few years they will not seem so. Especially if we take into account that the market has maintained a trend over the last years that seems to direct it towards new record values. “If this evolution is maintained, we estimate that by 2030 the average price in the areas Prime of the luxury residential market could exceed the barrier of € 30,000/m2, which would represent a key milestone for this segment, “he collects The report. “Now we are seeing projects that will probably come out at the end of the year around 25,000 euros per m2,” Luis Valdés recognizesmanaging director of the Colliers luxury housing area to the newspaper Five dayswhich remembers that there is probably some property associated with Branded reside Restored for more than € 30,000/m2. If the consultant’s forecast is finally met in a matter of only a five years, it will no longer be the exception, but “the average price in the primary areas of the residential market High-end“ What is the reason? The study is not limited to talking about prices and draws medium -term forecasts. Part of its analysis is also dedicated to probe the market, which otherwise goes online with the whole of the Madrid real estate sector. In general, idealist calculates that the residential M2 in the capital He has shot In the last decade: € 2,700/m2 in February 2015 to the more than 5,200 charged now. In the specific market case Prime However, certain trends with a key weight. Foreigners. In Your report Colliers dedicates special attention to foreign capital, highlighting the capacity of Madrid “to attract investment, tourism and wealth.” “It has climbed positions until consolidating as the second most attractive European city for real estate investment, only surpassed by London,” The analysis stands out. “This fact shows the strength of the Madrid real estate market, driven by both international and individual investors looking for higher levels of profitability.” Among other factors, the consultant recalls the opening of new five -star hotelsthe rise of business schools, security and a climate that can be attractive to investors from other latitudes. According to the data handled by Colliers, in 2024 about half of the homes acquired in the community were concentrated in the capital and 7% corresponds to foreign investors, especially of Latam and the US, which places Madrid, in their opinion, among the “most profitable” markets … Read more

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.