High-end sales greatly outperformed the rest of the country, with deals rising 13% over the five-year average in July. By comparison, overall U.K. home sales were down 5% over their five-year average, according to Knight Frank's report Monday
Top-tier properties achieved record prices nationwide in 2022 with international buyers driving the sales.
Demand for prime real estate is bucking the trend, with cash buyers being the driving force behind the trend. however, increasing interest rates, is starting to show some affect within this market, and may slow down in 2024.
With that said, now is the time to utilise CGI’s, Animations and Virtual Reality Content to help realise and sell your luxury high end development off-plan.
WHY DO I NEED CGI’S FOR MY LUXURY PRIME REAL ESTATE DEVELOPMENT?
Using CGI (Computer-generated imagery) for your high-end luxury prime housing development offers several advantages tailored to the unique needs and expectations of such projects:
Visual Realism: High-end luxury housing projects are characterised by their attention to detail, premium materials, and exquisite designs. CGI can accurately depict these details, showcasing the luxurious features and finishes that set your development apart.
Aesthetic Precision: CGI allows you to visualize and refine intricate design elements, such as custom interiors, architectural details, and landscaping, ensuring that every aspect of your luxury housing development meets the highest standards of elegance and sophistication.
Personalisation Preview: High-end buyers often seek personalisation options to make their new homes truly their own. CGI can show potential buyers how different customisation choices will look, from interior colour schemes to kitchen layouts, helping them make confident decisions.
Emotional Engagement: Luxury housing isn’t just about physical attributes; it’s about evoking emotions and creating aspirational lifestyles. CGI can portray the desired ambiance, lighting, and atmosphere, helping potential buyers emotionally connect with the living spaces.
Showcasing Features: From spa-like bathrooms to gourmet kitchens and smart home technology, luxury developments boast exceptional features. CGI allows you to highlight these features in stunning detail, emphasising the opulence and convenience they bring to residents.
Marketing Excellence: High-end luxury housing often targets a specific clientele. CGI visuals can be integrated into high-quality marketing materials, websites, and presentations, projecting a professional and aspirational image that resonates with your target audience.
Global Reach: Luxury housing markets attract international buyers and investors. CGI enables you to showcase your project to a global audience without requiring them to physically visit the site, making it easier to generate interest from around the world.
Pre-sales Advantage: CGI visuals allow you to start marketing and pre-selling units before construction is complete. This can lead to early commitments from buyers, helping secure funding and validating the project’s viability.
Design Collaboration: Collaborating with architects, interior designers, and potential buyers becomes more efficient with CGI. Changes and suggestions can be visually represented, facilitating effective communication and alignment on design choices.
Time and Cost Efficiency: In luxury housing, changes or adjustments can be costly if implemented during or after construction. CGI enables you to explore various design options and configurations virtually, minimising the risk of expensive modifications later on.
Competitive Edge: The luxury housing market is competitive. High-quality CGI visuals set your development apart, positioning it as a premium choice in a saturated market.
In essence, CGI serves as a powerful tool for marketing, design refinement, and stakeholder engagement in the high-end luxury prime housing sector.
It elevates the presentation of your project to match the discerning tastes and expectations of luxury homebuyers.