2025's Hot Cities for Ultrawealthy Second Homes Beyond London and New York

Miami leads the top cities where ultra-high-net-worth individuals are buying second homes in 2025, with emerging hotspots like Lisbon, Dubai, and Naples gaining popularity due to lifestyle, tax benefits, and security. These second homes are increasingly viewed as multi-purpose assets for wealth diversification, security, and mobility, reflecting a shift in luxury real estate priorities among the global elite.