Well, this is a fact that purchasing a property is no less than an investment. Whether you purchase a property for residing purpose or renting purpose, it would always remain as a valuable asset for you. Investing in a luxurious property is even a greater investment because firstly, it would have a high resale value. Secondly, if you decide to rent out your luxurious property then you can be sure of the fact that it would fetch you a good amount of rent as compared to a non-luxurious property.
As it involves a huge amount of money, so investors must also keep a certain points in mind while investing in a luxury apartment/property. Always buy a property from reputed and reliable dealers or else you might have to regret later. Also, it is important to do a detailed investigation of the property in order to calculate all the pros and cons related to it.
Source: https://alpinehousingblog.wordpress.com/2015/09/01/alpine-housing-luxury-real-estate-a-smart-investment/