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Average premiums added for waterfront properties worldwide Q3 2018, by location

Humankind has historically settled near water. In fact, approximately two thirds of the worlds mega cities are situated on the coast. It comes as no surprise then that owning a waterfront property is more expensive than the average property price. In a report conducted by Knight Frank, they found that across 12 key global cities, properties situated at a harbor had an average added premium of 59.1 percent as of the third quarter of 2018.

Average premiums added for waterfront properties worldwide* as of the 3rd quarter 2018, by location

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Source

Release date

December 2018

Region

Worldwide

Survey time period

3rd quarter 2018

Supplementary notes

* data was collected from 12 cities worldwide including London, Paris, Berlin, Lake Geneva, Monaco, Dubai, Hong Kong, Singapore, Perth, Gold coast, Sydney and Melbourne.

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