For land-scarce metropoli like New York, architectural innovations tend to scale vertically: without a place to spread outwards, development takes to the skies. Meanwhile, in Amsterdam, innovation can be found at sea. A district of water homes located on a string of artificial islands adjacent to the city’s historic canals feels distinctly Dutch: dubbed the WaterWonen project (translates literally to living in water), modern houseboats are moored at a harbor conceived by Danish architecture firm Monteflore (responsible for designing one of the city’s most luxurious hotels). The independently-sailing vessels include homes—like this spacious steel converted cargo ship—that invite guests to come down out of the clouds and enjoy the delights of open water.

Let’s play a little game. Imagine you have a $15 million real estate budget. You can buy any house, anywhere. What matters to you? What a $15 million house looks like varies—both in terms of square-footage and amenities—depending on the home’s location around the world. Most everyone knows that real estate in New York City or Monaco, for example, is more expensive in terms of square footage than, say, in Houston or Atlanta. Would you prefer to spend the $15 million on roughly 2,418 square feet of space in the hustle and bustle of New York City? Or would you splurge on 11,248 square feet (not to mention the 1.71 acres of land) in quieter Houston?

Western Europe is a brilliant kaleidoscope of intertwining yet distinct cultures, all imbued in history, culture, gastronomy, art, and architecture – always a pleasure to visit, even more satisfying to call home. Imagine waking up in Capri to the sound of crashing Mediterranean waves or taking in the incredible Catalonian designs of Gaudí over lunch, or poring over paintings by Vermeer and Rembrandt in Holland. With spectacular settings and contemporary designs that seamlessly integrate a touch of antiquity, there is a vibrant, timeless allure to European villas.