The Barnes Index City 2023 has revealed the most sought-after cities for billionaires to buy a luxury home this year. Classic cities such as Paris and New York remain the favorites, but there are also surprises. Miami, Tokyo, London and Madrid occupy the top spots, while Barcelona enters the ranking in 21st place. In addition, Milan and Rome have climbed to tenth and eleventh place, respectively, while Lisbon is also among the 25 most searched cities.

Paris has unseated Miami and New York for the top spot, and Austin, Texas, is also among the most preferred destinations for the wealthiest in the post-pandemic period. Milan, Rome and Dubai have moved up in the index for this year and are in the top 5.

Madrid consolidates its place in the top 10 alongside other cities such as Tokyo, London and Geneva, and Barcelona enters directly in 21st place. It has only been surpassed by Istanbul among the cities that have become the new preferred destinations for the world's richest people to live in.

In summary, this year we have seen some changes in the cities most sought after by billionaires to buy a luxury home, although Paris and New York remain the favorites. Madrid and Barcelona are also on the radar of the wealthiest, demonstrating the growing interest in Spain as a destination for luxury real estate investment.