While some major capitals in Europe are experiencing a sharp decline in the acquisition of luxury apartment, Tel Aviv, she saw its demand increase by 30% by the wealthiest multimillionaires who seek a new second home in the sun according to the report published by the New World Wealth polling institute.

This survey aims in this case the residences of multimillionaires around the world
With more than 2,000 investors already won over by the sun and the good life of Tel Aviv, 600 more investors have been convinced over the period 2015-2016.

This report puts Tel Aviv in 16th position far ahead of some major European cities and only takes into account the secondary residences held by multi-millionaires with a real estate portfolio of at least 10 million dollars, ie a total number of 522,000 people.

This craze finds a rational explanation, as the poll suggests: proximity to the sea.

This has the effect of boosting the investments of all seaside resorts, such as Tel Aviv, the city of Sydney is experiencing a 30% increase in acquisitions made by multi-millionaires and Miami 22%.

Although some European countries are down, Nice is doing well with a 6% increase in multi-millionaires with at least one home.
However not all of them are so fortunate, we can witness a disenchantment of multi-millionaires for formerly popular cities such as London with 9% decline.
However, it is important to point out that certain factors may have accelerated this process, such as Brexit, which had an impact on the British Pound or on local taxation.

It is important to note that London remains however the first of this ranking (19 500) with the greatest number of multi-millionaires having a second home; New York comes second (18,400).
For Paris, the decline is significant with 4,800 multi millionaires

owning a second home in 2016 against 6,300 in 2015, a decrease of 24%.