Padel courts become the ultimate status symbol for wealthy homebuyers in luxury buildings

Padel courts become the ultimate status symbol for wealthy homebuyers in luxury buildings

The latest status symbol for the elite? A private padel club. For the top 1%, living in luxury now includes exclusive access to a private padel court, and many of them are willing to pay a premium to have it within their own building, according to Nikki Field, senior global real estate advisor of The Field Team at Sotheby's International Realty. Field's team at Sotheby’s has transacted over $5 billion in sales. One of the buildings, 111 West 57t…

Particularly in New York, private padel courts have become the pinnacle of luxury for the wealthy. - Tennis Tonic - News, Predictions, H2H, Live Scores, stats

The wealthiest people in the world now want private padel courts, which have evolved into a status symbol on par with private tennis courts and golf courses. These courts are being incorporated into upscale residential structures by luxury real estate developers, drawing purchasers prepared to shell out millions of dollars for first dibs. In places like New York, where buildings like 111 West 57th Street have the region’s sole private padel cour…

Financial News Network - Padel courts become the ultimate status symbol for wealthy homebuyers in luxury buildings

Luxury real estate developers are incorporating private padel courts as premium amenities in high-end residential buildings, attracting wealthy buyers willing to spend millions.Read More …