What could be better than your own penthouse overlooking one of the most magnificent vistas in the world? A penthouse overlooking those same vistas that not only enriches your life and your lifestyle but, by appreciating in value year-over-year, your bottom line too.

Is yours a classic palazzo overlooking Florence or is laid-back, tropical, Longboat Key more your style?

Is that Big Apple, one-double-oh zip code your gift to yourself and your family or is Indian Wells (where billionaire Larry Ellison recently invested tens of millions in the annual tennis tournament held there) your dream destination?

Any of these addresses offer impeccable credentials as luxe destinations and their prospects are not likely to dim anytime soon. Location, location, location is as fundamental to sound investing in luxury real estate as it is in any other real estate endeavor, maybe even more so given the limited number of opportunities and stiff competition.

Here are a few developments that caught our eye:

252 East Fifty Seven

If it’s the full-on Rhapsody in Blue Manhattan experience you want, 252 East Fifty Seven won’t disappoint. Commanding views of the quintessential cityscape that is New York, NY, dominate each of the 93 units in this luxury midtown development. 

Enter through the gated, porte cochere with its Lalique-like light sculpture and let the automated garage park the car. Take the private elevator to your unit and watch the sun set over the city. Each of these well-appointed units has high ceilings and floor-to-ceiling windows for unparalleled panoramas of the Big Apple.

252 East Fifty-Seventh Street, NY, NY 10022
1742 to5242 square feet, 3-5 bedrooms and baths
 $4.195MM to $21.250MM

Palazzo Tornabuoni

The views of the Duomo, Florence’s iconic 13th Century cathedral, from this private residence club (where you can buy fractional or full-on ownership shares) were good enough for Pope Leo XI and Florence’s most powerful family, the Medicis, so you can bet your investment in this one-of-a-kind, renovated and restored palazzo, complete with 15th Century frescoes and on-site Bulgari and Bottega Veneta boutiques, will only appreciate over time.

27 Private Residences, 11 Club Residences
1 Bedroom and 2 Bedrooms available
€975,000 to €5,000,000