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.
