The global real estate markets are now challenged. A quick look at the past year shows price collapses, almost zero demand, issues with mortgages and slowdowns at some places that have been considered quite strong until recently.

The real estate sector is now definitely faced with a difficult year. Nevertheless, expensive luxury estates are usually considered relatively resistant to cataclysms, remaining valuable and sought after. The upcoming year is yet to show what future will bring. The time is right to evaluate last year’s events and see which types of prime properties entered the world market and which simply stayed there known for being world’s priciest estates.