Luxury resort developments fall into several distinct types, each catering to different locations and experiences that buyers or real estate investors are looking for.
Beachfront resorts, as the name implies offer ocean views, with private villas, and luxury style residences that can come with features such as infinity pools, spa services, water sports, and fine dining, either within the resort of nearby.
Mountain location & ski resorts offer such accommodations as chalets and lodges, and can come with heated pools, après-ski experiences, gourmet restaurants, all for buyers seeking high-up locations and especially winter sports adventures.
The modern approach for some real estate developers is to focus on wellness & spa resorts that can provide meditation gardens, yoga pavilions, detox programs, organic cuisine and rejuvenating spa treatments.
For buyers and investors with significant monetary resources, private island resorts are an option that provides high-net-worth individuals with exclusive use of a private island, offering utmost privacy and often higher security.
Green or eco-luxury resorts use such facilities a solar energy, water conservation, eco-friendly construction, locally-sourced food, and nature tours, yet still offering luxury homes and villas to purchase, but without compromising on sustainability.
One could not talk about luxury resorts without mentioning golf resorts, where top end luxury homes, villas, condos and estate homes all center around world-class golf courses. This market is of high interest to golf enthusiasts seeking high-end courses and related services that a golf resort can bring.
Into the 21st Century comes the concept of very luxurious desert resorts, that provide oasis-like experiences, encompassing private villas, infinity pools with desert views, camel rides, stargazing and luxurious spas.
Each type of exampled luxury resort aims to offer unique, luxurious experiences to the owners. These sought-after experiences are also attractive to investors, who appreciate that there can be significant returns on investing within this special real estate market sector.
Why Buy or Invest in New Real Estate Developments in Mongolia.
Mongolia is rich in natural resources, such as coal, copper, gold, and oil, which play a significant role in its economy. The demand for these resources, particularly from neighboring countries like China, has contributed to consistent economic growth. This drives demand for infrastructure and residential developments.
Mongolia’s growing middle class, coupled with higher disposable income, is driving demand for better housing options. This is particularly important in the real estate sector, where middle-class demand for modern apartments and homes is increasing.
Mongolia has been attracting foreign investors, particularly from countries like China, Korea, and Japan. These investors are keen on various sectors, including real estate, and often look for high-quality developments in emerging cities.
While there are many benefits to investing in Mongolia’s real estate market, there are also some risks, such as political instability, currency fluctuation, and changes in regulations. It’s essential to conduct thorough due diligence, including working with local partners or real estate experts who understand the legal and economic landscape.