There's absolutely no hard and fast rule for defining luxury. What seems lavish for you can be a mania for others and vice versa. Lots of folks are striving for lavish vacations. Some of us are mad to wear luxury jewelry.
Many people are possessed with a desire to own luxurious real estate. The real estate is ever flourishing business in the world because the population is growing with each and every moment; same do the costs of properties. It's fairly tough to prepare the standard to lifestyle due to inflation.
People genuinely believe that there will come a time very soon when people won't be able to have a one-bedroom apartment. On the other hand, buying a property in Mexico is comparatively easier.
There's another side which cannot be completely called darker one because it's part of the business and several people's obsession. It's the ownership of owing luxurious property. There are several places that do not assist people with many services nevertheless have high rates.
These luxury real estates are basically luxurious from the location viewpoint. If you find any flat or house which is close to any coastal place or more precisely near to some shore or a famous place, definitely the purchase price will be greater than your expectations.
There are many places and cities that are famous due to luxury real estates. The prices are extremely high as compare to other adjoining cities.