LUXURY PROPERTY STOCK ON THE RISE IN EMERGING MARKETS

LAHORE, MAY 6, 2014: Property hunters looking for their own little piece of luxury should head to the emerging markets, according to global property portal Lamudi.

The leading online property finder for emerging countries, Lamudi is based in Asia, Africa, the Middle East and Latin America. Since launching six months ago, the service has seen a huge jump in the number of luxury apartments and condos listed on its platform.

From the upscale Polanco district of Mexico City, to Paris Hilton’s newly minted luxury digs in Manila, Philippines, world-class luxury developments are increasing in number in emerging markets. Cities like Manila and Jakarta, which was recently name the fastest-growing luxury real estate market in the world by Knight Frank, have seen the most growth.

Lamudi.pk’s Country Director, Saad Arshed said: “Lamudi is one step ahead of the game, bringing you the highlights of the luxury real estate market. Property hunters, and investors in particular, can get some incredible high-end deals in the markets where Lamudi operates, where their money stretches a lot further than elsewhere.”

Lamudi launched in 2013, it is the global property portal for emerging markets. The service is currently available in 22 countries across Asia, Latin America and Africa.

The real estate marketplace offers property-hunters an easy-to-use and secure platform for finding their ideal home. For more information, please visit Lamudi.com