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Burnham is well known to have long backed a land value tax as a replacement for council tax and stamp duty. None of this amounts to settled policy, but the rumour, undenied, is unsettling.

Switzerland dominates the Alpine holiday home market, with all five most expensive resorts located in the country. Gstaad leads the ranking, where prime chalets and apartments cost around CHF25,000 per square metre on average.

New Zealand government’s Golden Visa scheme allowing rich overseas investors to buy homes worth $5 million has resulted in a tick-up in interest in the luxury property market.

The stunning sub-tropical island of Madeira in the North Atlantic has registered a 75% increase in sales volume in the luxury real estate sector, the latest industry findings reveal.

Agents and clients will benefit from exposure through the global luxury network, which has affiliates in nearly 50 countries and territories.