Living International Property Magazine Vol.1 Issue. 1 by Living International Property Magazine

D E S T I N A T I O N S

T H E

W O R L D ’ S

M O S T

D E S I R A B L E

L O C A T I O N S

YOUR GUIDE TO international property

Volume 1, Issue 1

Bluewaters

is home to Ain Dubai which is the

World’s Largest Observation Wheel SECOND LARGEST U.S. TERRITORY PROJECT ,

PARAMOUNT MIAMI WORLD CENTER - 130

Holiday inspirations for your next escape

Raja Ampat as never before - 84

Eleven MadisonPark, New York Restaurant been named as The Best in the World - 35

Volume 1, Issue 1

Tuscana Living the Dream - 22

LONDON’S Newest Neighbourhood A Truly Mixed-Use Destination - 6

The worldâ&#x20AC;&#x2122;s first luxury underwater living experience The Floating Seahorse is a feat of innovation achieved by a marriage of engineering and imagination. Truly unique, The Floating Seahorse offers a world of new experiences; from the ocean that spreads out before you on the upper levels, to the underwater level that presents the coral reef brimming with beauty and life. Located in St. Petersburg Island, The World, Dubai.

Call for a tour UAE: 800 EUROPE International: +971 4 454 9818 marketing@thoe.com www.thefloatingseahorse.com

WELCOME As the creator of Living International Property Magazine, I am privileged and delighted to introduce you to the first edition of your worldwide guide to luxury living. The magazine has been on the drawing board for nearly a year. Upon realizing a gap in the publication industry, we decided to gather together information on all aspects of development around the globe, and to explore the world`s finest properties and destinations to bring them into your hands, making you feel like you are living in a dream. LIPM will be a complete fresh guide, some of the topics to be covered are, investment, lifestyle, buying and selling, holiday rentals and travel. This inaugural issue consists of regular features, with latest news from destinations around the world, including Dubai, UK, Bordeaux and Istanbul. Practical expert advice on money, investment and property purchase can be found within. Also included is, the best in architecture and engineering, award winning buildings, interior designs, newest trends, international cuisines. Holiday destinations and travel, from Europe to Middle East, to South East Asia, and luxury rentals and for sale properties complement this issue. With different countries covered in each issue along with fantastic investment opportunities, it will be your perfect guide for finding your ideal lifestyle and destination. The challenge has been huge, but with confidence in the following issues, our work will grow and improve simultaneously. With all the changes and developments in related sectors. Each article has a wow factor, making you want to read them all, and you can be sure it will only get better. To be distributed at worldwide exhibitions, this magazine will be the publication everyone wants to be featured in! If you have wonderful properties you would like us to publish, please feel free to drop us an email. Our words of thanks must be incomplete so that they aren’t a thousand lines long. I thank everyone in my team involved in bringing this idea to life, creating this one-of-a-kind publication, which will soon be the number one in the market with the team`s dedication and aspirations. As a team we are so excited to have made it to this point. Please take some time to get to know our magazine, and we promise you will be asking for more! We appreciate your support, and are so happy to have you as a reader. With warmest regards,

MEHMET KOZANSOY Publishing Director mehmet@internationalpropertymagazine.com

IN THIS MONTH’S ISSUE...

LIVING INTERNATIONAL PROPERTY Publishing Director / Mehmet Kozansoy Mobile: +90 542 852 5012 mehmet@internationalpropertymagazine.com Tel: +44 (0)20 3432 1425 Assistant Editor and Web Administrator / Ayse Kahraman ayse@internationalpropertymagazine.com Art Director / Zahra Barzigar Design Assistants / Andrey Tsvetkov Chief Sub-Editor and Head of Marketing / Aylar Yazgulyyeva Editorial Team / Seniha Hassan Dilara D. Aydın Havva E. Tuğçe Steve Mortimer Cityscape Editor / Teneshia Naidoo Overseas Sales Team/ Steve Mortimer Ekaterina Ryabova Siyan Williams Christine Peters Richard Kornic Social Media Editor / Ekaterina Ryabova Contributors Tariq Ramadan Cansel Turgut Yazıcı Aindreas Doyle Nazrin Hasanova

D E S T I N A T I O N S

T H E

W O R L D ’ S

M O S T

D E S I R A B L E

L O C A T I O N S

Volume 1, Issue 1

World’s Largest Observation Wheel Home to Ain Dubai,

SECOND LARGEST U.S. TERRITORY PROJECT ,

PARAMOUNT MIAMI WORLD CENTER - 130

Holiday inspirations for your next escape

Raja Ampat as never before - 84

Eleven MadisonPark, New York Restaurant been named as The Best in the World - 35

Tuscana Living the Dream - 22

LONDON’S Newest Neighbourhood A Truly Mixed-Use Destination - 6

DEVELOPMENT

Eden Island is built on a reclaimed coral reef, and the urban design is specifically laid out to provide a sense of space...(page 42)

Emerald Ocean Real Estate - Miami USA presents a new project with the opportunity to get Green Card... (page 130)

At Sparkle Towers, you have the opportunity to live and relax within the premises of a hand-crafted, luxury experience.(page 160)

ON THE COVER Blue Waters- DUBAI

© Living International Property Magazine 2017. All rights reserved. No part of this magazine, may be used, reproduced, copied or resold without written permission of the publisher. All information and prices, as far as we are aware, are correct at the time of going to press but are subject to change. Living International Property Magazine cannot accept any responsibility for errors or inaccuracies in such information.

102

INSIDE

6 13 17 21 30 35 42

Battersea Power Station- London Blue Waters- Dubai Property Report- Istanbul Toscana Resort Castelfalfi- Italy Gondwana Residences- South Africa Eleven Madison Park- New York Eden Island- Seychelles

46 46 47 47 48 48

NEWS IN BRIEF Clarion Hotel- Norway Oslofjørd Center- Norway Russell Gardens Mews- London Tjuvholmen- Norway Pinch of Glamour- Poland Vulkan- Norway

49 55

Travel- North Cyprus Jumeirah Golf Estates- Dubai

60 61 61 62 62 62 64 65 65

LANDSCAPE ARCHITECTURE Hilgard Garden- California Tribeca Garden- New York East Village Garden- New York Mill Valley Cabins- Mill Valley Roof Terrace- London Carport- Toronto Romolo Private Terrace- Milan Castle Garden- Scotland Santalaia- Colombia

66 75 80 84 92 96 100 102 117 121

Gilpin House- Windermere Property Report- Dubai Sea Pearl Project- Istanbul Raja Ampat Islands- Indonesia Water Lovt Houseboat- Holland Miram House- London Property Report- London The Heart of Europe- Dubai 1/JBR Tower- Dubai Piyalepasa Istanbul- Turkey

contents

128

FOOD Spanish Meatballs with Clams, chorizo & squid

130

Paramount Miami World Center- Miami

134 136 140 144 146 150

CITYSCAPE ARTICLES Dubai Office Sector Free Zones Drive Investment Sleeping Beauty Awakens Current Trends in Dubai’s Commercial Sector Urban Farms Sprout Life in Idle City Buildings Care for Culture

153 154 156 158

ARCHITECTURE Marina Bay Sands- Singapore Heydar Aliyev Center- Azerbaijan Emporia- Sweden Emerson College- California

160 166

Sparkle House 2017 / 2018 Exhibition Calendar

168 170 172 174 174 175 176 176

INTERIOR Hilton DoubleTree- Istanbul Elegant 18th-century- New York Develi Restaurant- Istanbul Caroline Place- London Barretts Grove- London Elvaston Place- London Bermondsey Street- London Midden Studio- Scotland

177

INDIVIDUAL PROPERTY FOCUS

193

COUNTRY SPECS

201

HOLIDAY RENTALS

Contents Living International Property Magazine

VOLUME 1, ISSUE 1

ANNUAL PROPERTY 166 EXHIBITIONS CALENDAR EXHIBITION CALENDAR 2017 / 2018

ARCHITECTURE

153

MARINA BAY SANDS SINGAPORE

DEVELOPMENT

Marina Bay Sands is a premier entertainment destination with its vibrant diversity of attractions and facilities.

YOUR HOME IN A GLOBAL ICON

The statistics are staggering: with more than 4,000 new homes, over 250 shops, cafÃ©s and restaurants, two hotels, 1.25 million sq/ft of office space, 18 acres of parks and gardens, 450m of River Thames frontage and a proposed zone one Tube station on the Northern line extension ...

HOLIDAY RENTALS

201

RENTALS Find holiday villas, apartments, cottages and other holiday homes in: Swiss Alps, Norway, Italy, Morocco, Turkey, Thailand...

COUNTRY FACTS & FIGURES

193

Dubai is one of the seven emirates that make up the United Arab Emirates known for luxury shopping, ultramodern architecture and a lively nightlife scene.

FOOD ELEVEN MADISON PARK

A NEW YORK CITY RESTAURANT Has been named the best in the world and you need to see the food ...

102

NEWS IN BRIEF CLARION HOTEL THE EDGE

The 250-bedroom hotel is located on the exposed site where theTromsø Bridge and the Arctic Cathedral are ...

INVESTMENT GONDWANA GAME RESERVES PRIVATE RESIDENCES

For a stress-relieving getaway in one of the most beautiful settings in the world, visit Gondwana Game Reserve near Cape Town and immerse yourself in the wild beauty of the natural surroundings...

TRAVEL RAJA AMPAT

To enjoy and take in the whole island, and you have to rent a boat which is not that expensive, you can go with a group of your friends and family.

LIFESTYLE GILPIN HOTEL & LAKE HOUSE

Gilpin is an elegant, relaxing haven of luxury, with no weddings or conferences or children under seven to disturb the peace, Just warm smiles, fabulous food, fresh flowers, real fire places and friendly, unpretentious service.

LANDSCAPE ARCHITECTURE HILGARD GARDEN CALIFORNIA

For city dwellers green space is hard to come by- at least when it’s on the ground level. Rooftop gardens and green roofs are the new backyards.

MARKET REPORTS ISTANBUL PROPERTY REPORT WINTER 2016-17

172

The number of home sales across Istanbul was recorded as 232,428 in the year 2016. Home sales across Istanbul have fallen by 3.06% year on year.

INDIVIDUAL PROPERTY FOCUS THE IVORY HOUSE - EAST SMITHFIELD

177

SUBSCRIBE TO

LIVING INTERNATIONAL PROPERTY Turn to page 120

UK - Battersea Power Station

DEVELOPMENT

CGI of Battersea Power Station looking towards Battersea Park

BATTERSEA

POWER STATION YOUR HOME IN A GLOBAL ICON The numbers are staggering: with more than 4,000 new homes, over 250 shops, cafes and restaurants, two hotels, 1.25 million sq.ft. of office space, 18 acres of parks and gardens, 450m of River Thames frontage and a proposed zone one Tube station on the Northern line extension, the £9bn, 42-acre Battersea Power Station development looks set to be one of the most exciting London has ever seen. In what has been so far a mammoth five-year project, 2017 marks the first chapter of a vision realised with the spring opening of Circus West Village.

INTERNATIONAL PROPERTY

Housed in a mix of refurbished railway arches and new retail units at ground level of the SimpsonHaugh and dRMM-designed buildings, next to the Power Station and the River Thames, will be a selection of local shops – a florist, baker, butcher and the Battersea General Store – together with artisan coffee shops, river-front restaurants and a village pub. Other planned retail elements include Electric Boulevard, with over 40 international flagship stores, designer brands and favourite high-street names that will combine the best that Britain has to offer with the best that the world can bring to the capital.

DEVELOPMENT UK - Battersea Power Station

The new London neighbourhood breathing life into one of our most iconic landmarks

CGI of Power Station Park

The design team behind Battersea Power Station is world-class and Rafael Viñoly’s overall masterplan will be delivered by a host of leading architects, interior and landscape designers, from Foster + Partners and Gehry Partners to Wilkinson Eyre. The iconic Grade II listed Power Station itself, which is one of the most significant surviving examples of Art Deco architecture, is being fully restored and when completed, will be open to the public for the first time in its history. Inside, there will be nearly 100 more shops, an impressive 40,000 sq.ft. urban food hall concept with kiosks,

bars and an open kitchen, as well as a boutique cinema and an events space. One of the overriding principles of the project has been to preserve and showcase as much of Sir Giles Gilbert Scott’s original design as possible, so the four chimneys are being carefully dismantled and rebuilt to more modern specifications, while retaining the same appearance, and there will be a viewing platform on top of one of the chimneys, offering visitors panoramic views of the city’s skyline (completion for this phase is expected in 2020).

INTERNATIONAL PROPERTY

UK - Battersea Power Station

DEVELOPMENT

We believe there is a

Better Way

to build a new neighbourhood...

INTERNATIONAL PROPERTY

DEVELOPMENT UK - Battersea Power Station INTERNATIONAL PROPERTY

UK - Battersea Power Station

DEVELOPMENT

The other big milestone for 2017 is that the first of the long-awaited residents will be moving into the first phase, Circus West. The Power Station will be a fully mixed-use building and location for a portion of the project’s homes (ranging from studios to five-bedroom flats and penthouses), which are set within the retained original facades along the western and eastern flanks of the building. The other apartments are on the top levels of the Boiler House, in Switch House East and Switch House West. To the south of the Power Station is ‘Prospect Place’ and ‘Battersea Roof Gardens’, a unique partnership between architectural practices Gehry Partners and Foster + Partners. The latter is designing Battersea Roof Gardens, a light, very crisp building of white concrete, featuring lots of glass and coloured metals that contrast beautifully with the solid brick of the Power Station. When the first of these homes in Circus West (the first phase) was put on the market three years ago, 75 per cent sold off-plan in the first week – reportedly making this the fastest selling property development on record in London (we’ve heard whispers that exclusive riverside penthouses are soon to be released to the market, so there’s still

INTERNATIONAL PROPERTY

time to snap one up). Residents also have access to facilities such as a Residents’ Club with a bar, private dining space, library and screening room; online notice boards that connect them to each other as well as local events via a personalised mobile portal; and one of London’s largest roof gardens at 1,200ft long. Dubbed the ‘garden in the sky’ it is being designed by James Corner of Field Operations, who was behind New York’s famous and hugely successful High Line. The apartments are also available to rent through BPS Estates. co.uk, with tenants enjoying the same benefits as owner-occupiers. What brings the retail spaces, residences and not forgetting office space together though, is the fact that this is a real, living and breathing new neighbourhood for London, within 15 minutes of the City and the West End, and only a short stroll from Chelsea and Sloane Square. There is understandably a real emphasis on the community, from the practical (two medical centres, a gym, and a new River Bus service that will operate from a new purpose-built jetty in front of the riverside park) to the social and fun curated events.

DEVELOPMENT UK - Battersea Power Station

CGI of the Power Station CGI of the Power Station

The team is continuously thinking about what’s best for the new and existing surrounding communities and are so serious about this ethos that they have put in place a ‘Community Charter’ which acts as a blueprint for their pledge to create and nurture Battersea Power Station as an environment where people want to work, live and bring up their families. Of course the team also wants to encourage those who aren’t working and living here to come and enjoy the restaurants, shops and facilities too (Battersea Power Station is expected to attract 40 million visitors a year), whether that’s popping into the street food market for lunch or meeting friends for afternoon tea at one of the cafes. One way of doing this is through the Village Hall, which is being run in partnership with Battersea Arts Centre and will have a full programme of performances, cultural events and experiences throughout the year. There will also be a Heritage Trail, for those interested in the site’s history (including viewing holes in the Power Station hoarding in Circus West Village), clubs and social groups, and plenty of green, outdoor spaces for relaxing during the summer, which connect directly to Battersea Park and Chelsea via a new riverside pathway. All of these add up to an innovative, creative quarter that finally puts Battersea Power Station back in business – and that can only be good news for London. 188 Kirtling Street London SW8 5BN | LONDON | UK sales@bpsdc.co.uk batterseapowerstation.co.uk +44 20 7501 0678 INTERNATIONAL PROPERTY

THE PREMIER INTERNATIONAL REAL ESTATE INVESTMENT SHOW IN TURKEY

Visit the show for EXCLUSIVE D DISCOUNTS AN OFFERS!

THE HOME OF REAL ESTATE INVESTMENT The second edition of Cityscape Turkey, Turkey’s most influential international real estate exhibition, is back. Bringing together investors, developers and real estate professionals, there is no better place to find investment opportunities and buy your dream home. Whether you are a home buyer or investor, Cityscape Turkey is your opportunity to access the Turkish and regional real estate community all under one roof.

8-10 MARCH 2018

Istanbul Congress Center

 info@cityscapeturkey.com Organised by

CS Turkey 225x300 ENG.indd 1

 www.cityscapeturkey.com

Organised by

8/17/17 1:09 PM

DEVELOPMENT Through Ain Dubai, visitors can expect a truly magical experience that has been carefully designed to complement the vibrant lifestyle at Bluewaters.

Dubai - Bluewaters

HOME TO AIN DUBAI,

The World’s Largest

Observation Wheel

With an exclusive selection of premium apartments, penthouses, and townhouses available for the very first time, Bluewaters is a modern, family-oriented island destination with a pioneering spirit that blends waterfront living with the exhilaration of urban city life. A colourful beacon adorning Dubai’s spectacular coastline and skyline, residences offer those seeking a new life in the city a culture and an experience that extends beyond home, not to mention unrivalled views of the world’s largest observation wheel – Ain Dubai. Bluewaters will also be a shoppers’ paradise with close to 150 retail and dining concepts, connected to the shore by a multi-mode transport system providing easy access to and from the island. A purpose built bridge connects the island with Sheikh Zayed Road, while automated vehicles will transport passengers to Bluewaters from Dubai Metro’s Nakheel Harbour and Towers station. A leisurely walk across a 265-metre pedestrian bridge leads to even more activity and attractions at the beach.

Waterfront Living Bluewaters is a destination with a pioneering spirit, blending island, waterfront living with the exhilaration of the city to create an unrivalled experience for residents and visitors. It is a colourful beacon adorning Dubai’s urban landscape, drawing in those seeking endless lifestyle opportunities. Located off the coast of Jumeirah Beach Residence opposite the beach, Bluewaters is a lively, family-oriented destination with a diverse range of places and experiences that will leave you spoilt for choice. The island is home to Ain Dubai, the world’s largest observation wheel, and is set to become one of the world’s largest tourism hotspots, complete with distinctive residential, retail, hospitality, and entertainment experiences and concepts.

Location and Connectivity Bluewaters is within touching distance of Dubai Marina and is just a short drive from Abu Dhabi. Connected to the mainland by a direct road link from Sheikh Zayed Road, Bluewaters will operate the Group Rapid Transit service that offers passengers a unique travel experience via a driverless vehicle system. There will also be a 265 metre pedestrian bridge linking the island to the beachfront at Jumeirah Beach Residence. Retail Therapy The retail experience at Bluewaters spans across the boulevard and the units are spread in the small scale buildings. The ground and first floor levels will have 132 outlets with an additional 32 units under residential buildings, hosting a

combination of retail, restaurants, cafes and entertainment concepts and experiences. Waterfront outlets will serve a range of cuisines, from high-end restaurants to intimate bistros, while the basements beneath them will have ample parking for shoppers and visitors. A world-class destination At over 210m, Ain Dubai is the world’s largest observation wheel and forms the spectacular centrepiece of Bluewaters. Towering high above the coastline, Ain Dubai will provide unforgettable views of the city. Through Ain Dubai, visitors can expect a truly magical experience that has been carefully designed to complement the vibrant lifestyle at Bluewaters.

INTERNATIONAL PROPERTY

Dubai - Bluewaters

DEVELOPMENT

world-class destination...

At over 210m, Ain Dubai is the world’s largest observation wheel and forms the spectacular centrepiece of Bluewaters. Towering high above the coastline, Ain Dubai will provide unforgettable views of the city.

An island The two, five-star, luxury hotels at Bluewaters are set to become a magnet for visitors from around the world, ensuring there’s a place for everyone on the island. Set at the tip of the island with breathtaking views of the sea, the hotels command a premium position in Dubai. Their architecture is a low-lying haven for those looking for a seafront retreat. The hotels will have relaxing beach club and distinct dining offerings that cater to the most discerning guests and visitors. Bluewaters residences Bluewaters residences comprise of 10 apartment buildings, 4 penthouses, and 17 townhouses. Properties offer a range of dimensions and are set over a podium that is aligned to capture stunning views and create a truly unique island experience.

INTERNATIONAL PROPERTY

The elegant, mid-rise towers are home to 698 one, two, three and four bedroom, glass-fronted apartments, each with one or two parking spaces. Bluewaters offers a premium lifestyle for the whole family with residential amenities including state-of-theart gymnasiums, swimming pools, landscaped gardens, basketball courts and children’s play ground. Outdoor Vitality Bluewaters residences offer the ultimate in community living, providing residents with easy access to all of the island facilities in lush, green surroundings. The concept of water connects each element of the island through a series of shaded water courtyards, providing a cooling effect to the external spaces. A series of landscaped courtyards located on the waterfront frame the views out to the sea and beyond.

DEVELOPMENT Dubai - Bluewaters

Residential buildings

164

Retail, dining and entertainment outlets

210

Metre high Ain Dubai

2,400 Parking spaces

Luxury hotels

479 Hotel keys

Ferry dock

Beach club

Road and pedestrian bridges

INTERNATIONAL PROPERTY

Dubai - Bluewaters

DEVELOPMENT

utdoor vitality

Bluewaters residences offer the ultimate in community living, providing residents with easy access to all of the island facilities in lush, green surroundings.

The pedestrian areas that are a central feature of the island are based on the structure of a valley where intimate spaces weave through the development to provide orientation through its shaded walkways. The four penthouses enjoy unrivalled 360-degree views of the Arabian Gulf, Marina, Ain Dubai and Dubaiâ&#x20AC;&#x2122;s skyline and offer generous indoor and outdoor space, with 5-bedrooms, en-suite bathroom and extended living areas. Contemporary Living The interiors at Bluewaters residences are finished to the highest standards, with a neutral palette and a minimalist style that combines the warmth of Scandinavian wooden floors with the opulence of soft metallic fixtures. Designed for a contemporary lifestyle, the open plan kitchen features state-of-theart Italian appliances and seamless worktops. With floor to ceiling windows, all apartments offer sweeping views, varying between Ain Dubai, the sea, the greenery and a boulevard.

Meraas Overview Meraas is dedicated to making Dubai and the UAE better for people to live, work and play in. "We design for a diverse mix of people to stimulate a creative urban culture where the next generation of ideas, businesses and communities can take root. Our investments ensure a better future for generations to come and spread across different sectors including food, retail, leisure, hospitality, health and education. Our destinations which include to date - city walk, the beach, boxpark, last exit and the outlet village - are open places for communities to socialise, explore, learn, play, create and innovate."

Jumeirah Beach Residence coastline, near Dubai Marina | DUBAI | UAE www.bluewatersdubai.ae +971 4317 3999

A series of landscaped courtyards located on the waterfront frame the views out to the sea and beyond...

INTERNATIONAL PROPERTY

REPORT Property market outlook, Istanbul

ISTANBUL PROPERTY REPORT WINTER 2016-17

CANSEL TURGUT YAZICI EVA REAL ESTATE APPRAISAL CONSULTANCY mail@evagyd.com

RESIDENTIAL MARKET: HOME SALES The number of home sales across Istanbul was recorded as 232,428 in the year 2016. Home sales across Istanbul have fallen by 3.06% year on year. Mortgage loans on the other hand have shown a decrease by about 6.64% year-on-year. The share of initial sales in total home sales in Istanbul was recorded as 47.47%.

RESIDENTIAL MARKET: MORTGAGE LOANS A cumulative increase by 12.16% was recorded year-on-year in mortgage loans across Istanbul by the end 2016. Mortgage loans could only demonstrate a growth by 12.16% this year, when compared with 13.22% in the previous year. The percentage of non-performing loans within total loans was calculated as 0.49% across Turkey by the end of 2016. This rate was at 0.41 % level by the end of 2015. The total volume of non-performing loans which is not rising in parallel to the growth in total loan volume is considered as a positive sign for Istanbul. INTERNATIONAL PROPERTY

REPORT Property market outlook, Istanbul

RESIDENTIAL MARKET: INTEREST RATES

NUMBER OF CONSTRUCTION LICENSES BUILDING OCCUPANCY PERMISSIONS HOUSING STOCK

INTERNATIONAL PROPERTY

Analysis of the relation between mortgage loan interest rates and mortgage loan use shows us an increasing trend of mortgage loan use when interest rates fall, whereas loan uses are observed to decrease when interest rates start increasing.

Total number of apartment units with building occupancy permits issued between 2002 and 2017, Q1

6.914.539

REPORT Property market outlook, Istanbul

RESIDENTIAL MARKET: SALES TO FOREIGNERS Representing all real estate investments by foreign investors across Istanbul by the end of 2016 as surface area corresponding to total share, a decrease by 19% is observed year on year. * Figures include all Real Estate and their transaction.

OFFICE MARKET

Analysis of occupancy rates in Istanbul show that the highest occupancy rates are observed as 84.1% in noncentral business districts on Asian side of the province. This is followed by central business districts with 80.2% and by non-central business districts on European side of the province with 73.7%. Central Business Districts: These are defined as regions in metropolises that are located within city center and have an intensive commercial activity. In this analysis, Levent/ Etiler, Şişli/Mecidiyeköy and Maslak regions were considered as central business districts. Non-Central Business Districts European Side: Kağıthane Region and West Region are included in this category.

Non-Central Business Districts Asian Side: Kartal/Maltepe, Ümraniye, Kavacık, Altunizade, Ataşehir and Kadıköy/Kozyatağı regions located on the Asian side of the province are included in this category.

Among 11 different office regions in Istanbul, the highest occupancy rate is observed in Kavacık region by 90.7%. While Kavacık has the highest occupancy within non-central business districts across the Asian side of Istanbul – the central business districts are seen to be led by Şişli-Zincirlikuyu line by the highest occupancy rate of 85.6%. Across non-central business districts on European side of the province including the West Region an occupancy rate of 76.5% is observed – whereas the occupancy rate in Kağıthane region is relatively lower than in other regions. The reason for this is the abundancy of newly developed projects in the region that has just started to develop in recent times.

INTERNATIONAL PROPERTY

Property market outlook, Istanbul

REPORT

SHOPPING CENTERS MARKET The population of Istanbul was recorded as 14,804,116 according to Address-Based Population Registration System Population Census Year 2016. In Istanbul, 125 shopping centers exist in total by the end of the year, in addition to 30 shopping centers at project or construction stage. The total leasable area of existing shopping centers amounts approximately to 4 million 482 thousand sqm - whereas shopping centers at project or construction stage have a total leasable area of 1 million 216 thousand sqm. The leasable area per 1,000 capita across Istanbul has reached to 303 sqm by the end of the year 2016. This average is calculated as 147 sqm across Turkey.

In recent times, any commercial complex failing to host a total leasable area larger than 5,000 sqm, at least 15 independent units, a central shopping center management and security services cannot be deemed as a shopping center by definition.

STUDENT DORMITORY MARKET

The number of private universities in Istanbul has increased swiftly in recent years. Nevertheless, the number of student dormitories has not increased accordingly – neither state dormitories, nor private dormitories. Consequently, student dormitories offer particularly in recent times a remarkable potential for real estate investors. Since the need of students for accommodation increases by every university newly opened, the interest of domestic and international companies in private dormitories is growing more and more. Beneath newly launched universities, along with existing private universities growing further and opening new campuses, new dormitory investments

INTERNATIONAL PROPERTY

are awaited. Analysis of the city macroform of Istanbul shows that wider campus areas are allocated to private and foundation universities located towards the outskirts of the metropolis – indeed high quality dormitories or other housing alternatives are not much available in the vicinity of university campuses. Analyzing all relevant indicators, the most appropriate potential is seen for the dormitory sector in European side of province around the airport region. In addition, the demand for dormitories is expected to continue in Fatih, Beyoğlu, Şişli, Beşiktaş districts, even if existing dormitories are concentrated in these districts with rather inadequate qualities.

DEVELOPMENT Italy - Toscana Resort Castelfalfi Toscana Resort Castelfalfi is a medieval village that has not forgotten its Etruscan origins. It has been carefully restored to maintain its original character and to welcome guests looking for an authentic Tuscan experience.

Toscana

RESORT CASTELFALFI HOTEL . VILL AS . GOLF

LocalitĂ Castelfalfi, 50050 Montaione FI | ITALY info@castelfalfi.it www.castelfalfi.com +39 0571 89 10 00 INTERNATIONAL PROPERTY

Italy - Toscana Resort Castelfalfi

DEVELOPMENT

Living

The

T U S C A N dream ITALY...

The Story In the heart of Tuscany, in the Municipality of Montaione between Florence and Volterra, the Castelfalfi Estate has always been a natural paradise, rich in tradition. Toscana Resort Castelfalfi is a medieval village – that has not forgotten its Etruscan origins – carefully restored to maintain its original character and to welcome guests looking for an authentic Tuscan experience. It has played a leading role in nearly one thousand years of history, but in the 1960s it began to suffer population decline which lasted for decades and only ended in 2007 when it was given a new life. The main actor behind the renaissance of Castelfalfi is TUI AG, one of the biggest tour operators in Europe, which decided to buy the property and breathe new life into an area that covers more than 1,100 hectares divided into vineyards, olive groves, forests, lakes and a hunting reserve.

THE VILLAGE AND ITS CASTLE Strategically positioned – just 60 minutes away from Florence Airport, 40 minutes from Pisa Airport, and a few minutes from the artistic and cultural treasures of Tuscany – Castelfalfi is experiencing a new Renaissance. The first step in this monumental project has been the revival of the ancient Borgo, the village in which all the main buildings were completely renovated, then divided into 48 apartments of different sizes, with a range of small retail stores on street level. 90% of these real estate units have been sold to international clients, giving a new life to this “Sleeping Beauty”. The beating heart of the village is the Castle, opened in 2014. Within its walls is La Rocca, a restaurant directed by Executive Chef Michele Rinaldi, whose classic cuisine is enhanced by sophisticated techniques, but without forgetting simplicity, tradition and a keen eye for detail.

INTERNATIONAL PROPERTY

The structure is characterized by a beautiful terrace overlooking the Tuscan countryside, as well as rooms for weddings, meetings and events. In addition, the second floor is home to the Rosso Toscano Cooking School, which offers a full range of classes to satisfy every taste. Castelfalfi’s gastronomic offering is completed by our trattoria-pizzeria Il Rosmarino, which offers Tuscan specialties and delicious pizzas cooked in our wood-fired oven. The estate also houses many Casali, traditional country villas available for sale or rental, which can be renovated in accordance with the wishes and instructions of their future owners, to jointly create a project that respects their requirements and expectations. These properties enjoy a unique position and panoramic views over the surrounding countryside.

DEVELOPMENT

HOTEL LA TABACCAIA

At the opposite end of the Borgo is the former factory where tobacco was dried for Tuscan cigars, which has found a new life as a 4-star boutique hotel, La Tabaccaia.

This new structure offers 120 rooms: 67 Classic Rooms, 24 Deluxe Rooms, 6 Grand Deluxe Rooms, 15 Executive Rooms and 8 Suites, all enriched by warm furniture and natural colors to convey the true essence of Tuscany. Il Castelfalfi, beside La Via del Sale – fine dining restaurant that will propose an authentic Italian cuisine prepared by the Executive Chef Francesco Ferretti offers two elegant bars:

The hotel was restored taking great care with regard to the use of traditional materials and colors, and remaining faithful to the style of the region. Each of the delightful 30 rooms has a Tuscan design and boasts restored beams and terracotta ceilings, which date back to the building’s original construction.

The Pool Bar, Il Giglio Blu, and Ecrù, the Lobby Bar, perfect to relax, taste classic drinks or special recipes. To enrich the services of the hotel, there are meeting rooms, a 2,000-square-feet gym and the 10,700-square-feet SPA with several areas to satisfy the most varied of needs:

Italy - Toscana Resort Castelfalfi

HOTEL IL CASTELFALFI

Welcoming, transparency, natural beauty, modernity, sustainability and wellbeing: these are the assets of Il Castelfalfi - TUI BLUE SELECTION, the new five-star hotel.

At the same time, the furniture of contemporary design offers a modern reflection of the hotel’s rich past, providing comfort and elegance. The rooms and suites provide every modern comfort, such as free Wi-Fi, 32-inch LCD TV with satellite channels, air conditioning and bathrooms in travertino marble with the latest generation of showers.

The sauna, the bio sauna, the hammam and a prestigious environment to enjoy unique and exclusive moments.

These are the assets of Il Castelfalfi TUI BLUE SELECTION, the new five-star hotel. INTERNATIONAL PROPERTY

Italy - Toscana Resort Castelfalfi

DEVELOPMENT

Castelfalfi is the

New Exclusive Destination For those looking for somewhere with irresistible charm: somewhere that offers hospitality and fine cuisine, a prestigious golf course and numerous sporting activities, all immersed in the natural surroundings, somewhere with a tradition of nearly one thousand years of history, in a timeless landscape where you can almost breathe culture and relax amongst the most authentic beauty that Italy has to offer.

INTERNATIONAL PROPERTY

DEVELOPMENT Italy - Toscana Resort Castelfalfi INTERNATIONAL PROPERTY

Italy - Toscana Resort Castelfalfi

DEVELOPMENT

THE GOLF COURSE

Tuscany is a secret golfer’s paradise. In the 1990s, many prime courses were developed in the area taking advantage of the natural topography. One of the best golf courses is the Golf Club Castelfalfi. The scenic course has 27 holes and over 9,400 meters of hillside and green nestled between olive groves. The Fairways are Fescue Arundinaceous Greens – T1 Bent grass. The team at Castelfalfi was adamant that retaining and emphasizing the course’s natural features was crucial and that sustainable water management systems were put in place to collect and save precious rainwater. The 18-hole, (Par 72) Mountain Course is 6,351 meters long with steep gradients and water hazards places the course among Italy’s most challenging layouts, attracting players from across the globe. The Mountain Course was redesigned by award-winning architects Moroder and Preissmann in August 2010. It was designed to complement the natural topography of the land giving each tee individual character, and the preexisting vegetation provides a sense of privacy in each fairway.

Secret Paradise for Golfers in ITALY The course’s signature 9th hole, a Par 3, perches on a spectacular slope, commanding panoramic views stretching from the Castello of Castelfalfi to the ancient hilltop town of Volterra. The resort recently opened the 9-hole, (Par 37) Lake Course in November 2011, with plans to extend it to a full 18 holes. The Lake Course was also designed with suitable play for all golf levels. The Lake Course starts out in a southwesterly direction from the first tee and loops back to its beginning, tracing the Tuscan landscape. Castelfalfi golf facilities also include a driving range with three lawn-teeing grounds, as well as 10 covered drives and a short pitch area. Half-rounds at Castelfalfi conveniently start and finish by the clubhouse, where golfers can sit back and reflect on their day's play whilst enjoying a spectacular view of the Tuscan countryside.

INTERNATIONAL PROPERTY

DEVELOPMENT Italy - Toscana Resort Castelfalfi

THE ACTIVITIES

In addition to golf, Toscana Resort Castelfalfi offers its guests a wide choice of services and outdoor activities. From the panoramic swimming pools to the tennis courts, from guided trekking to bike rental, and not forgetting the Wellness & Beauty area, yoga and classes with personal trainers. For those who like to book things in advance, such as tours to explore the surrounding area, a table for lunch or dinner in a local restaurant, or who simply require more information about Tuscany and its treasures, we have a concierge service that is ready to respond to any request. There is always a lot to do on holiday, but in Castelfalfi even doing nothing is something special. Today, Castelfalfi is the new exclusive destination for those looking for somewhere with irresistible charm. Somewhere that offers hospitality, fine cuisine, a prestigious golf course and numerous sporting activities, all immersed in the natural surroundings, somewhere with a tradition of nearly one thousand years of history behind it, in a timeless landscape where you can almost breathe culture and relax amongst the most authentic beauty that Italy has to offer.

INTERNATIONAL PROPERTY

Italy - Toscana Resort Castelfalfi

DEVELOPMENT

The Gastronomy at CASTELFALFI Tuscany is a region where the flavors and the genuineness occur in food and wine, in oil and meat, in recipes and in sweets. Castelfalfi takes this richness and variety as the main ingredient in its gastronomical offer. From the wine and oil produced on the estate to its restaurants, Il Rosmarino, La Rocca and La Via del Sale, which guarantee the quality of their exclusive daily menu offering dishes prepared with special attention to the use of seasonal ingredients. In an uncontaminated and enchanted place like this, even the food has something magical: the flavor found in the simplicity, the rich taste of this land.

TRATTORIA IL ROSMARINO

Just a short walk from La Tabaccaia and from the medieval village, the authentic cuisine of the Executive Chef Francesco Ferretti awaits you. At Il Rosmarino you will find a relaxed atmosphere, ideal for a casual lunch or dinner. The typical and genuine dishes tell our story and evoke the aromas of our region. Prepared as it was once, with simple and natural ingredients that vary depending on what every season has to offer. Daily, the executive chef brings to the table the best of tradition, preparing meals to perfection with passion and creativity, which will leave in the palate and in the heart of its diners a pleasant memory of Tuscany. A must-try: the pizza. Crispy and tasty, cooked in a wood-burning oven, it can become a regular pleasure, especially when seasoned with our extra virgin olive oil produced in Castelfalfi.

INTERNATIONAL PROPERTY

RESTAURANT LA ROCCA

Located within the Castle, that after one year and a half of restoration work has returned to life as the nerve center of the village, La Rocca is a gourmet restaurant where guests can taste the real Italian hospitality. The restaurant management is entrusted to the young executive chef from Bergamo, Michele Rinaldi, who earned his first Michelin star at the age of 27. A student of Gualtiero Marchesi and with great experience in national and international restaurants, the executive chef Rinaldi proposes a traditional cuisine, reinterpreted with an original style, without forgetting simplicity and focusing on the quality of the ingredients.

DEVELOPMENT Italy - Toscana Resort Castelfalfi

Menus based on the generosity of our earth, in a region where the flavors are enhanced on the highest level...

The restaurant La Rocca is located on the ground floor of the Castle, in a charming environment, renovated with extreme attention to detail, that has maintained the historical integrity of the structure and its authentic Tuscan identity. Every detail of the decor has been designed by this principle: pure Tuscan style at the service of the modern function of a gourmet restaurant. Not to forget the wonder of a 360 degree panoramic view which overlooks the roof terrace of the Castle, an ideal place for intimate dinners at sunset and moonlight. On the first floor of the Castle is the Rosso Toscano Cooking School, which offers courses of all kinds, from the classics dedicated to fresh pasta and traditional menus, to the most creative like pastry or finger food.

RESTAURANT LA VIA DEL SALE

Located in the heart of Il Castelfalfi, the fine dining restaurant La Via del Sale offers authentic Italian cuisine that combines the freshest ingredients - such as handmade pastas - and local recipes from the Executive Chef Francesco Ferretti. La Via del Sale is the perfect place to taste Italian deliciousness, both inside and on the outside terrace, where you will be enchanted by a wonderful view on the Tuscan hills. Whatever you choose, you will have the chance to live an authentic experience signed by a high level cuisine and service. Accompanying the enticing menu, guests can choose from an extensive collection of wines to embark on a tasting journey through Italy.

INTERNATIONAL PROPERTY

South Africa - Gondwana Game Reserve

INVESTMENT

eturn with us to Nature’s Perfect Playground …

For a stress-relieving getaway in one of the most beautiful settings in the world, visit Gondwana Game Reserve near Cape Town and immerse yourself in the wild beauty of the natural surroundings.

INTERNATIONAL PROPERTY

INVESTMENT South Africa - Gondwana Game Reserve

GONDWANA GAME RESERVES PRIVATE RESIDENCES

The bush homes are built with Safari type living in mind, with large decks and folding windowed doors for spacious indoor, outdoor living. These safari properties offer exquisite views all round.

ituated in the heart of the Garden Route, you will find a beautiful piece of land that will stir your senses. Set on 11,000 hectares of dramatic terrain, Gondwana Game Reserve holds the distinction of being the only Fynbos reserve in the world with free roaming big five game as well as the endangered species like the Cape Mountain Zebra and Black Rhinoceros. The reserve is ideally and accessibly located in the world famous Garden Route, just 3.5 hours drive from Cape Town and 45 minutes from George Airport. Nearby charming coastal towns, pristine beaches and top golf courses to explore. The Mediterranean climate affords prime year round game viewing and is recorded as the second most moderate climate in the world next to Hawaii. The first of its kind in the Western Cape, Gondwana offers the chance to own a bush home in a private game reserve with 5 star amenities and the ultimate luxury space to enjoy your natural surroundings.

INTERNATIONAL PROPERTY

South Africa - Gondwana Game Reserve

INVESTMENT

WINNER OF SANLAM TOP DESTINATION

AWARD!! 32

INTERNATIONAL PROPERTY

ACTIVITIES Activities in the malaria free game reserve include game drives with expert field guides in open game viewing vehicles and horse-back safaris, bush picnics, fishing, hiking, mountain biking and bird watching in the reserveâ&#x20AC;&#x2122;s 1000 hectare protected area. A Junior Ranger program is available for children while parents enjoy some quiet time or indulge with a spa treatment. THE STYLE IS NATURAL BUSH, with thatched roofs and Cape Country elements. The homes are built with Safari type living in mind â&#x20AC;&#x201C; double volume, folding windowed doors that open onto large decks and open plan interiors for spacious indoor & outdoor living. Beautiful plot and plan options or design your own within architectural guidelines. MAINTENANCE Free hold title ownership of property. All sites are serviced with 2x4 road access, Eskom electricity, potable water and telephone/internet supply. Owners have exclusive traversing rights and full access to the reserve. A luxurious main bush lodge has been built for owner recreation. 4 years to build from transfer. Monthly levy (currently R1890) maintains reserve and covers all household services except direct electrical costs metered in house. ROI potential through participation in the reserve rental pool. FREE ROAMING BIG 5 Imagine co-existing with herds of wildlife in a vast and beautiful place. The first Big 5 game reserve in the Western Cape with over 1500 head of general game such as Eland, Kudu, Black Wildebeest, Springbok, and Zebra to enjoy on your doorstep.

INVESTMENT South Africa - Gondwana Game Reserve

From stunning views to the nearby Clubhouse & Country Club, welcome to life as it should be.

INTERNATIONAL PROPERTY

South Africa - Gondwana Game Reserve

INVESTMENT

SITE LAYOUT The residences are surrounded by ample undeveloped land allowing for spectacular views of wildlife, nature and the Outeniqua Mountains. Each North facing site is situated within a 1 hectare (2.5 acre) exclusive use area. There are 5 residence camps within the reserve located several kilometres apart. Each housing camp (at least 300 hectares) is fenced for safety and freedom of movement and inhabited with plains game. All sites are placed discretely into the landscape for minimal visual impact to the surroundings.

FYNBOS VEGETATION The world’s smallest and richest floral kingdom, providing a tapestry of year round colour. The landscape is lush and green year round with over 2000 floral species to discover on Gondwana alone. ENDEMIC BIRDLIFE The Fynbos vegetation draws over 150 species of birdlife, many of which are endemic and seen nowhere else in the world such as the Cape Sugarbird and Orange breasted sunbird. Endangered species like the Black Harrier are also frequently seen. LEHELE LODGE – CLUB HOUSE Its cool organic style provides the ultimate watering hole to sample the fantastic Cape wines at the bar, enjoy gourmet meals in the dining room, and view the abundant animal life from the many outdoor areas. TV & Internet facilities are available in bar & library. SAFARI LODGE HOTEL Luxury Kwena Lodge, an innovative Khoi San-inspired design providing guests with a 180 degree view of the surroundings. Facilities include main reception, lounge/bar and dining areas, infinity pool, bush spa, and 14 stand-alone suites. 34

INTERNATIONAL PROPERTY

FYNBOS VILLAS Luxury accommodation in private 3 and 4 bedroom bush villas ideal for families and groups. They boast maximum privacy, spacious open plan living and awe-inspiring views. SERVICE A variety of services are available to owners through the hotel and club house staff – housekeeping, private chefs, babysitting, repair and maintenance, private field guides and car transfers from airports and surrounding areas. GOURMET CUISINE Delicious and fresh safari cuisine is passionately prepared by our chefs. Enjoy a bush brunch after a morning game drive or an elegant 4-course dinner at the lodge. GATEHOUSE 24 hour manned security points (2) for access control into the reserve. AN INVESTMENT OPPORTUNITY OF A LIFETIME Only a few residences remain from the developer within this 5 star game reserve with World-class facilities.

PO Box 1572 Mossel Bay 6500 SOUTH AFRICA reservations@gondwanagr.co.za www. gondwanagr.co.za +27 (0)21 555 0807

FOOD New York - Eleven Madison Park

The chef Daniel Humm and Will Guidara, the owners of Eleven Madison Park

A New York City Restaurant HAS BEEN NAMED THE BEST IN THE WORLD AND YOU NEED TO SEE THE FOOD ...

INTERNATIONAL PROPERTY

New York - Eleven Madison Park

FOOD

Suckling pig confit with rhubarb and onion

Turbot, poached with zucchini

Eggs Benedict dish

Get ready to feel hungry

BECAUSE THE WINNER OF THE WORLD’S 50 BEST RESTAURANTS AWARDS HAS BEEN ANNOUNCED.

And if you’re going to New York anytime soon, then you’re in luck. The number one spot for 2017 has been nabbed by Eleven Madison Park for the first time, at an awards ceremony held in Melbourne. We bet the chefs are feeling pretty proud of themselves right now… The upscale New York eatery pushed last year’s winner Osteria Francescana into second place. This year’s rankings featured restaurants from 22 countries across five continents, with nine new entries.

INTERNATIONAL PROPERTY

Eleven Madison Park, housed in an art deco building overlooking – you guessed it – Madison Park, first featured on the list in 2010. But owners Will Guidara and Swiss-born chef Daniel Humm have come a long way since their restaurant debuted at No 50. They aim to make the fine-dining experience fun with their seasonal tasting menu, while also celebrating New York’s rich history and culture. And the dishes look more like works of art than something we would stick our fork into.

A meal at Eleven Madison Park is no mean feat, as it consists of eight to 10 courses. So, yeah, if you can get a table you might want to make sure you go there real hungry. The USA had six restaurants in the top 50, as did France and Spain. As well as one New York restaurant taking the number one spot, another of the city’s hot dining spots, Enrique Olvera’s Cosme, is a first-time entry at No 40. Now excuse us while we go and daydream about Eleven Madison Park’s eggs Benedict dish some more.

FOOD

New York - Eleven Madison Park

INTERNATIONAL PROPERTY

New York - Eleven Madison Park

FOOD

WHAT MAKES IT SPECIAL: It’s the perfect partnership of outstanding hospitality and exquisite food in an iconic setting in New York City that makes Eleven Madison Park the No.1 in The World’s 50 Best Restaurants. Co-owners Will Guidara and Daniel Humm have put their lives into breaking down the walls between dining room and kitchen, making sure the customer experience is harmonious from start to finish. ABOUT THE CHEF: Swiss-born cook Daniel Humm started working in kitchens at the age of 14 and won

his first Michelin star at 24. He became executive chef at Eleven Madison Park in 2006 when the restaurant was still owned by Danny Meyer’s Union Square Hospitality Group and in 2011 he and Guidara took over ownership. The pair now also oversee the food and beverage spaces at the NoMad hotels and have written several cookbooks together.

TYPICAL DISHES: Humm’s signature roasted duck has had many iterations, from the classic honey and

lavender version to honey-glazed with turnips and huckleberries. Dishes on the seven-course tasting menu also include celery root cooked in a pig’s bladder, which Humm cites as a career-defining creation.

INTERNATIONAL PROPERTY

FOOD

ato

st e lob

g isc

is h arn

ed w

New York - Eleven Madison Park

m To

ons, rout ith c

, chive tips, chervil

lemon gel, bonito ma yonna is

e, tom a t o flo wer s, f e nn

el f l ow e rs an db as il b y

Da ni e

THE ICONIC RESTAURANT WHERE HOSPITALITY & CUISINE ARE ELEVATED TO

ART FORMS

INTERNATIONAL PROPERTY

New York - Eleven Madison Park

FOOD

THE DISHES AT ELEVEN MADISON PARK LOOK LIKE TINY

PIECES OF ART

Francesco TONELLI

WHO IS FRANCESCO? He is not just a photographer – he is a guide who takes his clients and guests on new and exciting journeys into the world of food. Born in the Marche region of Italy and raised in Milan, Francesco’s style is rooted in a deep, passionate and lifelong understanding of food. His earliest and most valuable lessons were learned from his mother, who grew up on a farm in central Italy and understood so many aspects of food-making, from harvesting crops to making olive oil. The meals she cooked every day incorporated seasonal ingredients in a way that not only respected but also enhanced their flavors, and Francesco still applies her lessons when preparing the dishes he cooks today. After many years of working in kitchens and hotels across Europe, Francesco became a professor of culinary arts at The Culinary Institute of America, and a prominent R&D chef and food stylist for La Cucina Italiana in Milan, developing and styling hundreds of dishes for the magazine. His comfort with food, the cooking process, and the people who create food has endeared him to renowned chefs, creative directors, account executives and food marketing professionals alike. Whether he is collaborating on cookbooks, traveling to food expos and conferences, judging food photography contests or consulting on recipes for commercial food clients, Francesco’s immersion in the world of food has made him one of the most sought-after food photographers.

INTERNATIONAL PROPERTY

FOOD

New York - Eleven Madison Park

INTERNATIONAL PROPERTY

South Africa - Eden Island

DEVELOPMENT

Located in the heart of Seychelles, just 200 metres from the capital island of MahĂŠ, this luxurious residential marina development comprises a selection of spectacular homes. These exclusive properties are well-appointed and immaculately maintained, making them valuable assets for investors, and excellent options for holidaymakers seeking comfortable, elegant accommodation.

Eden Island is built on a reclaimed coral reef, and the urban design is specifically laid out to provide a sense of space yet afford privacy to all its residents, who also have convenient access to their moorings. From stylish waterfront Apartments and double-storey maisons to magnificent sweeping villas, the homes here are rivalled only by the spectacular views that surround them.

INTERNATIONAL PROPERTY

A few hundred metres from the capital island of Mahe, connected by a bridge over the ocean, lies Eden Island â&#x20AC;&#x201C; one of the most prestigious island marinas in the world. Over 56 hectares, with more than 16 hectares of private waterways, Eden Island is a residential marina development that can now be your home.

DEVELOPMENT South Africa - Eden Island

THE RIGHT LOCATION FOR A HOME IN

SEYCHELLES Comprising of a range of freehold title homes, you have a choice of owning either a private villa with a swimming pool, a spacious maison with a swimming pool or a luxury Apartment, ”all with lucrative rental opportunities”. Featuring stunning views over the ocean,forests and mountains of Mahe and nearby islands of Cerf and Ste Anne, each home also boasts its own mooring, either in front of the home, nearby or in the international marina. Purchasing a property on Eden Island allows owners and their immediate family, the option to apply for residency of Seychelles.

Inspiration came via Seychelles vernacular architecture, with its roots buried deep within the French, Victorian, Arab and Chinese ancestry. This philosophy has been carried through to different interior “ and design finishes options which take their inspiration from the beautiful surrounds - for Apartments and Maisons think palettes of Sand, Shell and Rock, whilst the exclusive Villa ranges of interior designs conjure up visions of Coral, Pearl and Granite.”

The Eden Island International marina provides easy access to 115 Seychelles islands, offering paradise seekers a wide variety of seemingly unchartered locations to explore. Why not join the many happy homeowners from over 43 countries who have already invested in or made their home on Eden Island?

INTERNATIONAL PROPERTY

South Africa - Eden Island

DEVELOPMENT

Imagine

having access to private beaches,

your own personal mooring, crystal clear waters and panoramic views of majestic mountains.

With a fully operational rental pool in existence on Eden Island, homeowners are able to earn positive returns whether the property be let out on a long term or short term basis. Eden Island offers numerous facilities including four beaches, a clubhouse, shopping centre, supermarket, restaurants and fitness centre. Eden Island is well-established, with more than 500 homes sold and approximately 480 of those built and occupied. The final phases of Apartments, Maisons and Villas are now for sale.

INTERNATIONAL PROPERTY

All are immaculately designed, taking inspiration from the old plantation manor houses, with deep verandas and high ceilings, making the most of the beautiful sea and lush mountain views, as well as the year round warm weather. High red roofs, wooden beams and elegant gardens reinforce the Seychellesâ&#x20AC;&#x2122; celebration of nature, which has drawn visitors to the islands for centuries.

DEVELOPMENT South Africa - Eden Island

HIGH-END ISLAND PROPERTIES There are three different kinds of homes to invest in on Eden Island, each with unique comfort and design elements. Without exception, all of the properties have been created to complement their surroundings, while offering guests and residents alike a remarkably convenient way to enjoy Seychelles. APARTMENTS – These stylish lock-up-and-go units are ideally situated on the water’s edge. In addition to providing spectacular views, the apartments feature open-plan interior spaces, en-suite bathrooms and generous covered balconies.

South Africa Sales: Brian Gradner +27(0)82 361 4381 brian@edenisland.sc Seychelles Sales: Christopher Nel +248 252 7575 chris@edenisland.sc Sandra Colas +248 252 7715 sandra@edenisland.sc www.edenisland.sc

MAISONS – Artfully built to optimise privacy, the roomy duplexes face away from each other to ensure privacy, with wide verandas and windows that overlook the water and forests of Seychelles. As larger homes, they’re well equipped for comfort with designer appliances and contemporary fittings. Private swimming pools can be added as an optional extra. VILLAS – As the pinnacle of exotic luxury, these spacious properties overlook individual swimming pools, and are built with large sweeping rooms. Immaculately furnished and fitted, Eden Island Villas seamlessly combine design elegance with the natural beauty of their surroundings. Each villa has its own private swimming pool. In addition to stunning views and architecture, each residence boasts its own private mooring, as well as an electrically powered vehicle (EPV) to make getting around the car-free island pleasant and easy.

INTERNATIONAL PROPERTY

News in brief

NEWS IN BRIEF

Clarion Hotel The Edge Tromsø, Norway

FIRST PRIZE INVITED COMPETITION Area: 13 000 m² Completed: 2014 Photo: Niels Torp Architects The 250-bedroom hotel is located on the exposed site where the Tromsø Bridge and the Arctic Cathedral are prominent elements that sit nicely within the typical North Norwegian distinctive landscape. The Arctic Cathedral (by Jan Inge Hovig) is a great relevance and we have looked to strike a dialogue between the cathedral and the new hotel. In doing so, we have carefully pulled the head of the hotel back to create a loud and clear signal building that will become prominent in the city. Along with its structure, the new hotel will be clean, simple, with light conceivable forms and characteristic sharp lines. The hotel stands boldly against the quay front, tapering down towards the city behind. The hotel consists of an entrance foyer with a winding circular dynamic form, a clear contrast to the exterior, reception and restaurant at ground and first floor, with conference facilities in a lower ground floor including auditoria, and ten floors of guest rooms. The main form is composed of separate wings with a building structure and skin that vary in height and are juxtaposed at angles, creating a series of break points where the change in direction provides openings into lounges on the upper floors and wings of interior corridors giving access to the guest rooms. At ground level the quay and waterfront is pulled right into the building, with the foyer stepped with terraces allowing the water level to be viewed from all parts of the reception and public interior.

OSLOFJØRD CONVENTION CENTER Tønsberg, Norway Area: 130 000m² Client: OCC Brunstad Hotellbygg / BCC Brunstad Christian Community Current status: under construction The majority of the new development area is located on the new plateau west of the main hall, where today is endless rows of parking and caravans. The plateau is cut off from the rest of the functions on Brunstad, it is only from the brink of the plateau one sees the terraces south of the main hall of the main entrances to the main hall and conference centre, and get a glance towards the beach area, the bay and the terraced houses on the valley floor. Establishment of a general sight from the plateau towards the fjord to bind the plateau with the valley floor, we establish a new sight from the access zone on the plateau of the fjord, which provides visual contact to the convention centre, the valley, the coastal zone and the fjord. Upon arrival at Brunstad the sight will immediately give the participant an overview of where you are in relation to the main entrances to the convention centre and other functions, and provide a foundation for the landscape environment, with contact to the foothills that define the landscape to the east and west and overlook the bay and the archipelago around. It is important that the Oslo fjord Convention Centre/Brunstad perceived as a “destination” from the moment you arrive on the accommodation and community activities in the great hall and recreation areas, to leaving the area through the same point you arrived. 46

INTERNATIONAL PROPERTY

NEWS IN BRIEF News in brief

LET’S DANCE Tjuvholmen

Russell Gardens Mews, London, UK Oslo, Norway

A 2,800-square-foot West Kensington property complete with it’s own illuminated dance floor, DJ booth, hat-wardrobe, sauna, cinema and toast room. Positioned at the end of a traditional mews, the Hogarth’s unique home is immediately realized upon entering. A welcome bullet-proof front door chosen not for it’s security benefits but for its inky-blue metallic gloss is not so much an entrance as a statement of intent. Personality has been injected into every room of the home. A colourful seating “pit” arranged in front of a movie screen in the basement is the family living room and on the wall a light box by the artist Simon Tyszko bears the message: “I just can’t take it anymore”. For a more relaxing vibe, there is a sauna and relaxing all-white minimalist bedroom. Claire’s colouful array of statement hats are housed in their own unique hat-wardrobe. The fun quirkiness of the Hogarth’s home can be seen throughout, with a courtyard garden filled with a fully operational outdoor fireplace. Beneath the house there is a full-scale dance floor, embedded with thousands of tiny pulsing lights, a professional-standard DJ booth and a sound system purchased from a nightclub in Birmingham. Claire Hogarth states, ‘The idea for the dance floor came from how I love dancing, but I’m too old to go out.’

Building type: Urban planning, mixed use Area: 83,000 m² Awards: First Prize Competition 2002 Completed: 2010 Illustrations: Knut Ramstad Photo: Jiri Havran

When your construction is on reclaimed land at harbour’s edge you aren’t restricted by the city’s street grid. When plotting out the streets at Tjuvholmen, the focus was on breezes, sunlight and views. This new city district has been given maximum shoreline exposure to the Oslo Fjord with two kilometres of differentiated paths along the quays. The canal, fjord, surface at Filipstad and the beach zone by the park can be perceived as water spaces. A hierarchy of street types has been created at Tjuvholmen, ranging from avenues to narrow alleys. The spaces created have been carefully and dimensionally matched – none are oversized or barren. The buildings have been given moderate heights, allowing the city’s natural hilly landscape to retain its dominant role.

INTERNATIONAL PROPERTY

News in brief

NEWS IN BRIEF

Pinch of glamour in the city center Warsaw, Poland

VULKAN Oslo, Norway

In Warsaw they wanted to have a place where they could relax and clear their minds after a hard day at work. The apartment has a main living room with a dining area and open plan kitchen, two bedrooms, three bathrooms (one with a sauna near the master bedroom), and three walk-in closets. The interior is luxurious, made with the use of only high-quality materials: dark oak and sandstone on the floor, flax textiles and matt glass with steel décor on the walls. A feeling of coziness and enchantment was achieved by adding crystal lamps, lots of curtains and old pictures of Warsaw. All the furniture elements such as tables, cabinets, chests of drawers, kitchen furniture were designed by HOLA Design and are custom-made.

Building type: Hotel, housing, commercial Area: 9 400m² Year of completion: 2011 Awards: Prefab Concrete Prize 2012, City Prize 2012

The project comprises a hotel, artist’s apartments, office and with a mixture of workshops and bars and eateries in a bazaar-like structure at the lower street level along the main Aker River running through the heart of Oslo. The building aims to negotiate a transition through steep terrain between the main road, “the floor of the town”, and the planned cultural square in and around the old industrial buildings along the riverside. The compact hotel accommodates 130 rooms, a bar and 100-seat restaurant with views to the river. The commercial floors are intended to serve as local offices and studios. The lower level spaces are intended for use as workshops for local artists and various eateries and bars with the tables of a large café/restaurant spilling out onto the square to form a focal point at lower street level. The project forms a dramatic ending to the long façade of the existing 40’s blocks at upper street level creating a portal to the cultural square. The building’s gentle curving motion envelopes and gives a stable backdrop to both the existing buildings and the programmed cultural square. The structure is primarily steel with concrete slabs, clad with cement fibre board cladding and render. The roof of the overbuilt area between the existing 1940s blocks and the new scheme forms an attractive communal garden. At the northern end, a planted terracing opens the restaurant and reception to the communal garden. 48

This luxurious, 150-square meter apartment, is located in the center of Warsaw. It is a city crashpad for a couple of businessmen who spend a few days in Warsaw during the week and the weekend at their home outside the city.

INTERNATIONAL PROPERTY

TRAVEL North Cyprus

DISCOVER THE BEAUTY OF

NORTH CYPRUS Cyprus is an island that has inspired writers throughout the ages. From William Shakespeare who set “Othello” at a sea port in Cyprus, through to the eighteenth and nineteenth century travellers from around the world. It was these early pioneers in travel who were among the first to extensively explore the land and all its hidden treasures.

On returning home they wrote and published diaries of their findings and introduced this fascinating island to a wider audience. Novelists in search of an idea or backdrop have found the necessary stimulus here. World-weary journalists (who think they have been everywhere, and seen it all) are impelled to eulogize about everything they have discovered; the people, the climate, the countryside and most of all, the welcome! Surprisingly, North Cyprus is still largely undiscovered and only one fifth of the island’s population lives here. Always considered the most beautiful half of the island, and in some ways benefiting from the physical and political divide, development and construction have not been as rapid as in the areas of Paphos, Larnaca and Limassol in South Cyprus. There are still large tracts of fertile land growing grain and vegetables. There are olive groves, almond orchards, citrus gardens, carob trees and extensive forests growing all along the Five Finger mountain range. There are many delights just waiting to beguile you during your visit. Whether it be the enchanting harbour in Kyrenia, or one of the many golden, soft-sanded

beaches lapped by clear azure water, or one of the rugged mountain top castles that overlook the coastline and the Mesaoria Plain, there is something in North Cyprus to charm the most hardened traveller. For those who want to tantalise their taste buds, there are over 300 restaurants to choose from. One for almost every day of the year! For the adventurous there are numerous outdoor activities that range from the truly exhilarating pursuit of paragliding high above the mountains, to horse riding through the forest trails, quad biking across country, waterskiing, windsurfing, diving and sailing. For those who wish to be thoroughly sedentary and just get away from it all, there is always a sun-bed under a beach umbrella, with a good book and a brandy sour, just made for total relaxation. The Cypriots are enthusiastically friendly, the countryside is beautiful throughout the seasons, gardens are awash with colour even during the heat of summer and a memorable holiday is just a click of the mouse away!

INTERNATIONAL PROPERTY

North Cyprus

TRAVEL

INTERNATIONAL PROPERTY

TRAVEL North Cyprus

Kyrenia

The Jewel in the Crown Taking the geographical space of North Cyprus as a whole it can easily be divided into four areas that are the most attractive as holiday destinations. The major resorts of Kyrenia and Famagusta are the most popular and for the last thirty five years have absorbed the largest share of tourism. However there are the areas to the west, round Guzelyurt and Lefke, and to the east there is the Karpaz. Each of the four has something different to offer proving that no matter how choosy a tourist is, they should not be disappointed in North Cyprus.

INTERNATIONAL PROPERTY

North Cyprus

TRAVEL

Historically the town and surrounding area of Kyrenia are abundantly rich. The Castle that guards Kyrenia harbour is “The Jewel in the Crown” of the Antiquities Department. It is a castle for exploring. There are passageways deep underground into the corner bastions where the defensive batteries were placed. There are the many rooms in the castle that are decorated with tableaux depicting life on the island throughout the millennia since mankind first trod the Cyprus soil. There is the shipwreck museum that houses the oldest

ship ever raised from the sea bed. And the view from the Venetian tower across the harbour cannot be equalled. On the mountain top above the town, stands the imposing sentinel that is the castle of St. Hilarion. It still keeps watch over Kyrenia as it has done since its first construction as a minor fort during the Byzantine period. The three levels will give even the most energetic walker good exercise and a full morning is needed to do justice to all there is to see.

Nicosia Nicosia, the Capital of Cyprus, and the only divided city in the world is situated in the centre of the Mesaoria Plain, there is nothing of interest in the immediate vicinity, picturesque towns and villages are some miles away and a trek into the mountains either to the south west or the north is a lengthy drive. Thus, it is probably not best described as a holiday destination. However what it does offer is the chance to explore some fascinating history all encompassed within the circular perimeter of the city walls.

Famagusta Of the two main holiday destinations in North Cyprus, Famagusta and the surrounding area come second in popularity to Kyrenia. But it was not always so. Prior to the partition of the island in 1974, Famagusta was one of the “Hot” spots for tourism. The long sandy beach that stretches southwards from the harbour all the way to Protaras and Cape Greco, was gradually, but inexorably, being developed with the construction of high-rise hotels and holiday apartment blocks. Much of that development now lies behind the barricade that surrounds the area of Famagusta called Marash/Varosha. It is a “No Man’s Land,” a bone of contention constantly chewed over in the talks about reunification. It remains empty, forlorn, ruined. Patrolled by the Turkish Army and the UN forces it can only be viewed from a distance and cannot be visited. Propaganda that does its best to deter people from coming to the North of Cyprus makes much of the “fact” that Famagusta is a ghost town. However, there is a lot more to Famagusta than the abandoned buildings of Varosha.

Karpaz No holiday to North Cyprus can be complete without a visit to the Karpaz Peninsula, this is the Cyprus of old, a land almost unspoilt by the savage hand of modern development, where Mother Nature still holds the reins of power; where donkeys, trees, flowers, and cereal crops dot the landscape as far as the eye can see, before tapering off into the blue waters of the Mediterranean. There is also an abundance of history with ancient city sites, Byzantine period basilicas with intricate mosaics; conglomerations of timeworn churches; rural traditional Cypriot villages whose inhabitants pursue a way of life now as they have done for the past few hundred years. Here in an agricultural scene the story of Cyprus over the millennia unfolds.

INTERNATIONAL PROPERTY

TRAVEL North Cyprus INTERNATIONAL PROPERTY

FAST FOOD

Here even business is a pleasure. Own a freehold title home in Seychelles. Eden Island offers the very best in luxury living, giving you a lifestyle incomparable to any other island in the world! What are you waiting for? Experience unmatched living from US$455 000.

Eden.Island.Seychelles

PROPERTY SALES SOUTH AFRCA: Brian Gradner +27(0) 82 361 4381 SEYCHELLES: Christoper Nel +248 252 7575, Sandra Colas +248 252 7715 An International Associate of Savills

sales@edenisland.sc â&#x20AC;˘ www.edenisland.sc

@edenislandseychelles

LIFESTYLE Dubai - Jumeirah Golf Estates

Jumeirah GOLF ESTATES

ost to the DP World Tour Championship since 2009, Jumeirah Golf Estates is one of the Middle Eastâ&#x20AC;&#x2122;s most prestigious residential golf communities, offering a wide range of world-class golfing facilities and individually designed homes in the United Arab Emirates. Situated just 15 minutes from the Palm Jumeirah and Dubai Marina, and only minutes away from the site of Dubai Expo 2020 and Al Maktoum International Airport, Jumeirah Golf Estates is well placed to provide an unforgettable experience for golfers at its two world-class Greg Norman-designed golf courses, Fire & Earth, and for residents seeking quality, luxury homes and a peaceful setting within easy reach of Dubaiâ&#x20AC;&#x2122;s top attractions. The Fire & Earth courses are part of Jumeirah Golf Estates Phase A development, spreading over 375 hectares of a 1,119 hectare land parcel, and incorporates 16 residential communities, comprising of more than 1,700 constructed and under construction properties.

INTERNATIONAL PROPERTY

LIFESTYLE Dubai - Jumeirah Golf Estates

DESIGNED TO PROVIDE THE BEST

IN MODERN

Through Ain Dubai, visitors can expect a truly magical experience that has been carefully designed to complement the vibrant lifestyle at Bluewaters.

LIVING

INTERNATIONAL PROPERTY

LIFESTYLE Dubai - Jumeirah Golf Estates

A bespoke community of modern villas and townhouses, Redwood blends the finest in design and carefully selected details to create a world of unparalleled living.

From stunning views to the nearby Clubhouse & Country Club, welcome to life as it should be.

REDWOOD Launched in September 2014 and comprising of 47 five and six bedroom villas and 75 three and four bedroom townhouses across two luxury subdevelopments (Redwood Avenue and Redwood Park) Redwood is the perfect place to enjoy the great outdoors with beautifully landscaped public areas, parks and nature strips. Outdoor living is a key feature of Redwood Avenue – a community comprising of 47 five and six bedroom villas overlooking the world-class Fire course, with each home benefiting from individually designed plots, which have been carefully designed by expert landscape architects. With prices starting from AED 9,000,000, homeowners have a choice of eleven architectural styles and four interior schemes, exclusively designed by B&B Italia – the world’s leading interior and furniture company, or even better, the unique opportunity to fly to Italy and design their own home with the designer. Based on a matchless alchemy of innovation, insight and craftsmanship, Redwood Avenue boasts a thoroughly contemporary yet unique luxury design. Inspired by the Tuscan countryside, Redwood Park is a unique collection of 75 spacious three and four bedroom townhouses, with spectacular fairway views of the Fire Course, beautiful landscaped gardens and located within walking distance of the Jumeirah Golf Estates Clubhouse and its extensive amenities.

Designed with the same elegance and aesthetics that are a hallmark of Jumeirah Golf Estates, Redwood Park offers a unique lifestyle experience with prices starting from AED2,898,000. As well as featuring a swimming pool within the community for residents, there are family-friendly amenities including a children’s swimming pool and play area with a tensile shade. Phase 1 of Redwood Park sold out in June 2016 and following this success, Jumeirah Golf Estates released additional townhouses as part of Phase 2 in July 2016, in response to such overwhelming demand, and especially the shift towards affordable housing. Phase 1 was handed over in Q4 2016, with Phase 2 on track for handover in Q4 2017. Reflecting on this success of the impressive Redwood development, Yousuf Kazim, CEO of Jumeirah Golf Estates said: “While today’s buyers have become increasingly discerning, Redwood Park at Jumeirah Golf Estates is proving to have the necessary attributes to win global and local investor and end-user trust and buy-in, with attractive payment plans, a superior lifestyle promise and strong returns on investment, making it a true standout contender in Dubai’s townhouse market.”

INTERNATIONAL PROPERTY

LIFESTYLE Andalusian architecture and landscape design makes Alandalus a truly unique residential and retail destination in Dubai.

Dubai - Jumeirah Golf Estates

ALANDALUS In response to the Dubai Government’s call for more affordable accommodation, Jumeirah Golf Estates launched Alandalus in May 2015 – a Mediterranean-inspired collection of affordable luxury apartments and townhouses, with prices starting from AED 597,000. Alandalus is pegged for completion in 2018 and bridges luxury living with affordable prices. It has been designed to reflect a growing demand for outdoor living, with inspiration drawn from the beautiful Andalucía region of Spain. Boasting a retail space and plans for a hotel development in addition to Jumeirah Golf Estates’ second Clubhouse, the community is home to 715 one, two, three and four bedroom apartments boasting a modern lifestyle complete with large indoor-outdoor living spaces, as well as 95 townhouses, which surround an urban piazza, traditional of Andalusian villages.

INTERNATIONAL PROPERTY

Following the success of the apartments – with over 75% of the properties sold since the launch in May 2015 – Jumeirah Golf Estates announced the expansion of its portfolio of affordable-luxury properties, and presenting a gated community with a collection of 95 two and three bedroom townhouses starting from AED 1.3 million. Unsurprisingly, 65 of these townhouses were released for sale, and were sold out within three hours. Kazim, continued: “We have increased the number of townhouses in the community to meet the strong demand for mid-market homes in Dubai, providing an even more diverse real estate proposition within Jumeirah Golf Estates. The neighbourhood boasts charm and tranquility, and will undoubtedly set the standard for a unique family home in this vibrant city.

LIFESTYLE Dubai - Jumeirah Golf Estates

ALANDALUS BRINGS

NATURE,

COMMUNITY, GOLF &

THE PERFECT LOCATION

TOGETHER AlAndalus has the romantic, leisurely feeling of a beautiful hill town.

The real estate sector in Dubai remains strong and presents a great value proposition for investors seeking high rental yields and capital appreciation. "We are confident that 2017 will be a positive year for Jumeirah Golf Estates, as well as the real estate market overall in Dubai, given that there is an increase in demand and appetite for mid-market homes in the lead-up to EXPO 2020." The 95 townhouses, expected for completion in September 2018, have been carefully designed to feature clearly defined open spaces flooded with natural light, combining modern and traditional Andalusian materials for a sophisticated, functional and comfortable space. Each townhouse will have a private outdoor terrace including an optional plunge pool and patio area â&#x20AC;&#x201C; an essential element for family living and sociable lifestyle â&#x20AC;&#x201C; complementing the surroundings that include fascinating water features, and breathtaking landscaping of Mediterranean olive and citrus trees. Showcasing an Andalusian theme throughout its planning, architectural features and its rich landscape, the unique combination of graceful design and creative arrangement at Alandalus offers an uncompromised lifestyle, ensuring quality and affluence at an affordable price.

INTERNATIONAL PROPERTY

LANDSCAPE ARCHITECTURE Garden Designs

What Is Landscape Architecture? Landscape architects analyze, plan, design, manage, and nurture the built and natural environments. Landscape architects have a significant impact on communities and the quality of life. They design parks, campuses, streetscapes, trails, plazas, and other projects that help define a community.

LANDSCAPE

ARCHITECTURE Remarkable Rooftop Garden Designs Around the World

INTERNATIONAL PROPERTY

LANDSCAPE ARCHITECTURE Garden Designs Hilgard Garden - CALIFORNIA

HILGARD GARDEN California

or city dwellers, green space is hard to come by—at least when it’s on the ground level. Rooftop gardens and green roofs are the new backyards. The benefits of a living roof don’t stop at the natural beauty it provides. “As well as additional living space, green roofs can add a whole host of other benefits, including increasing the value of properties, supporting biodiversity, filtering air pollution, and even mitigating stormwater runoff and alleviating overflow. Whether you’d want to tackle a highmaintenance green roof, complete with large trees, or plant a small container garden, the resulting space can act as an additional outdoor room for all the al fresco lounging, dining, and entertaining you can fit into a summer season.

TRIBECA PENTHOUSE GARDEN New York City Here a mountainlike timber bench emerges from a modular stone-and-lawn landscape, HM White’s ode to the architecture of the building. The stainless-steel hot tub, surrounded by prairie-like grasses, might just be the perfect spot to take in the Manhattan skyline. Tribeca Penthouse Garden - NEW YORK

EAST VILLAGE ROOFTOP GARDEN New York City The Empire State Building is visible from a certain angle on this roof, but a custom oak water feature and Japanese wisteria-covered pergola ensure that the Pulltab-designed space feels like a calming oasis away from it all.

East Village Rooftop Garden- NEW YORK

INTERNATIONAL PROPERTY

Garden Designs

LANDSCAPE ARCHITECTURE

Green Roof Garden - TORONTO

Roof Terrace in Holland Park - LONDON

MILL VALLEY CABINS, MILL VALLEY California The Mill Valley Cabins designed by the American firm Feldman Architecture are two extensions to an existing family home in Mill Valley, California. Housing a studio and yoga space, also used as a private guest home, the strategy was to integrate the wooden structures into the steep hillside between the trees and to minimize the intervention on site. Providing different views and intimacies of the forest, the upper chalet enjoys the ecosystem of the tree canopies and a roof garden with various plant species. Large windows and retractable glass doors open the floors to the forest exterior, as the structures maintain a harmonious balance between the natural and manmade.

ROOF TERRACE IN HOLLAND PARK London Charlotte Row Garden Design framed this modern ipe-wood terrace with plants that have shallow roots, such as alliums and tulips, so the design wouldnâ&#x20AC;&#x2122;t be too heavy for the historic building to support.

RESIDENTIAL CARPORT Toronto On top of this homeâ&#x20AC;&#x2122;s garage, Cecconi Simone Inc. crafted an English countryside garden, with clipped boxwood and limestone paving slabs that reflect the design of the pool area below.

INTERNATIONAL PROPERTY

LANDSCAPE ARCHITECTURE Garden Designs

Mill Valley Cabins, Mill Valley - CALIFORNIA INTERNATIONAL PROPERTY

Garden Designs

LANDSCAPE ARCHITECTURE

ROMOLO PRIVATE TERRACE Milan A beautiful combination of terrace gardens, a dining space, a plush and cosy corner along with a spacious lounge area, Romolo Private terrace in Milan is a perfect example of elegance and luxury mirrored in green. With a touch of Japanese flowers and arrangements, this rooftop garden is nothing short of breath-taking at the first glance itself. Milan’s beauty in itself adds to the fact that this private terrace has a much greater appeal attached to it. By using plants as walls, Mazzucchelli designed three distinct spaces—a dining area, large lounge, and cozy relaxation nook—in this open-layout terrace. Purple chairs pair perfectly with similarly hued Japanese maples, geraniums, and sedums.

INTERNATIONAL PROPERTY

LANDSCAPE ARCHITECTURE Garden Designs

DRUMMOND CASTLE GARDENS Scotland An old castle with a fine nineteenth century garden. The multiplex sundial, carved by Charles I’s master mason, survives from the 1630s. It was made at a time of great interest in astronomy and when sundials were the only accurate way of telling the time. Drummond Castle is set on a ridge. Terraces step down the hill to the south and a large parterre takes the form of Scotland’s flag, the St Andrew’s cross, centred on the old sundial. The design was carried out by Lewis Kennedy, though the terracing may have been influenced by Charles Barry. Today, the planting is simpler but the garden retains the atmosphere of the Country Life black and white photographs of British gardens. There are no ladies in flowing white dresses, except in a painting of Queen Victoria’s 1842 visit, but the peacocks continue to give an aristocratic air to the scenery.

SANTALAIA BUILDING Colombia An extensive living façade system in Bogotá, Colombia, represents growth in the right direction, away from unrealistic tree-covered skyscrapers toward more sustainable and useful vertical greenery. The record-setting vertical garden in Bogotá was completed in 2015 after over a year of planning. Paisajismo Urbano’s Colombia-based franchise Groncol designed and installed the vertical garden using the innovative F+P system, patented by Ignacio Solano. The Santalaia Building has plants spanning over 30,000 square meters of its surface area, able to produce oxygen for over 3,000 people annually (and filter tons of heavy metals, harmful gases and other airborne particulates). Paisajismo Urbano installed this specific system, developed by Ignacio Solano.

INTERNATIONAL PROPERTY

England - Gilpin Hotel & Lake House LIFESTYLE

INTERNATIONAL PROPERTY

LIFESTYLE England - Gilpin Hotel & Lake House

Gilpin

Hotel & Lake House

Gilpin is an elegant, relaxing haven of luxury, with no weddings or conferences or children under seven to disturb the peace, just warm smiles, fabulous food, fresh flowers, real fire places and friendly, unpretentious service. There are in-room spa treatments, private gardens, a wonderful golf course opposite and delightful walks. The hotel interiors are stylish, comfortable and warm, with a touch of home; the sumptuous bedrooms are individually designed and furnished, with crisp white linen, luxurious bathrooms, exquisite fabrics, wonderful upholstery and delicious art. Whilst each of the Garden Suites has its own garden complete with cedarwood hot tub, each of the Spa Lodges has its own steam room, sauna and hydrotherapy hot tub.

THE FAMILY AND TEAM

A welcoming and friendly family-run hotel with a long-standing team (2 of the management team have been at Gilpin over 20 years). When guests return they know the staff, and, above all, the family and staff know them personally and make them feel valued and ‘at home’.

BACKGROUND INFORMATION

There were not many decades of the 20th century when the Cunliffe family were absent from Gilpin Hotel & Lake House, and the way things are shaping up the same will hold true for years to come. Run by two generations of the Cunliffe family, this Relais & Châteaux hotel (AA 4 red stars) and restaurant (AA 3 rosettes) was first in the family in 1919 when Joseph Cunliffe needed to escape the smog of Manchester having suffered from lung damage during WW1. The Hotel is set in 22 acres of country gardens, moors and woodland, and the Lake House in 100 acres – far from the crowd, but just a stone’s throw from the breathtaking lakes and fells – Gilpin was then, and is now, a special place dedicated to nourishment, recuperation and relaxation.

INTERNATIONAL PROPERTY

England - Gilpin Hotel & Lake House

LIFESTYLE

Built as a private house in 1901, John Cunliffe’s grandmother moved to Gilpin in 1919, just four years after Beatrix Potter made nearby hilltop her permanent home. Harriet lived at Gilpin until 1961, and John spent many happy childhood holidays in this lovely Edwardian building, as well as picnicking at the Lake House (then a fishing lodge which Harriet also owned). Two of Harriet’s sisters, Gertie and Adgie, moved to the Lakes at the same time, residing at Nine Oaks in Windermere. The Cunliffes have diaries, recipes, walks and photographs covering much of last century. Having been sold after Harriet passed away, by 1987 Gilpin was a bed and breakfast up for sale in The Caterer and Hotelkeeper magazine. Christine spotted it and John was immediately dispatched north from Bath, where they then owned and ran The Hole in the Wall. The Lake House was still in the family, lived in by John’s father Professor Tony Cunliffe. Since that time, the Cunliffes have created one of England’s finest country house hotels, a haven of calm, style and great comfort, a year-round haven with just twenty rooms and suites. There are no children under the age of seven, and no weddings or conferences to disturb the tranquillity, just smiles, fresh flowers, real fires and friendly, unpretentious service. Five generations of Cunliffes have been associated with the properties: John’s grandmother Harriet and her sisters Gertie, Adgie, Beatrice, Maude and Ethel, his aunt Barbara, his father Professor Tony Cunliffe, John and Christine themselves, and their two sons, Barney and Ben. Barney and his wife Zoë run the hotel alongside John and Christine and have a daughter, Xiá.

Ben, an architect, designed the new kitchen, dining room, the spectacular garden suites, the Champagne Bar and Gardens, and the conservatory and new rooms at the Lake House, while Christine does the interiors, working with interior designer Sarah Jan Nielson. Every year various parts of the hotel are refurbished, and in June 2008 a new extension opened to the existing lounge encompassing a Champagne Bar, walk-in wine cellars, and extensive terracing and additional patio areas for the bar including water features. “ In 2010 the Lake House opened, with the suites named for the six sisters Harriet, Gertie, Adgie, Beatrice, Maude and Ethel, and in 2013 we added the fabulous Jetty Spa at the Lake House. In 2016 we opened 5 fabulous new Spa Lodges at Gilpin Hotel. ” All rooms are individually designed and furnished to the same very high standard with antiques, paintings and bold fabrics, crisp white linens, luxurious bathrooms, exquisite fabrics and delicious art, and all applied with a large array of necessary – and invitingly unnecessary – comforts. Personal service and the staff ’s warmth and friendliness are much remarked upon, as is the housekeeping. A sense of family is evident in the way that Gilpin Hotel & Lake House is run, and the family is the first to acknowledge the debt they owe their management team. Warm smiles, fresh flowers and real fire places welcome you in as you step through the door and into this haven of tranquility. With both the family and the long-standing team on hand, great attention is paid to individual interests and occasions, food and wine tastes, preferred rooms … All the senses are to be pampered, with friendly, personal care and attention to detail.

Our feeling about running a hotel is that perfection is a big word but a good objective. It’s got to be right and it’s got to be special – every moment.

Nothing less will do.

Gilpin Lake House – The Country House

INTERNATIONAL PROPERTY

LIFESTYLE

England - Gilpin Hotel & Lake House

INTERNATIONAL PROPERTY

England - Gilpin Hotel & Lake House

LIFESTYLE

t Gilpin Hotel all of the bedrooms have lovely Lakeland views, most leading directly onto the gardens â&#x20AC;&#x201C; 6 with their own cedarwood hot tubs, and 5 fabulous new detached Spa Lodges, each with their own ensuite spa (rainmaker showers and steam rooms inside, hydrotherapy hot tubs and saunas outside) for a very special, private experience.

INTERNATIONAL PROPERTY

LIFESTYLE

England - Gilpin Hotel & Lake House

INTERNATIONAL PROPERTY

England - Gilpin Hotel & Lake House

LIFESTYLE

Gilpin Lake House – The Country House

The spirit of Gilpin is motivated by

love & laughter

– our guest’s, and ours...

INTERNATIONAL PROPERTY

LIFESTYLE England - Gilpin Hotel & Lake House

FOOD

AWARDS

Good quality ingredients, lots of fresh local produce, everything is prepared and served with a great deal of thought and care. Choose from two distinctive restaurants, the Michelin starred ‘Hrishi’ or the casual ‘Gilpin Spice’.

Already with plenty of official recognition, including 5 Stars, 3 AA Rosettes for food, a Michelin Star, membership of the prestigious Relais & Châteaux and Pride of Britain, Gilpin was named the English Tourist Board Awards for Excellence ‘Small Hotel of the Year’ in 2011 ‘AA Hotel of the Year – England’, and in 2012 the ‘Catey Independent Hotel of the Year’ in 2012, and the Condé Nast Johansens ‘Most Excellent Country House Hotel’ in 2013.

BEDROOMS All the rooms are luxuriously designed and furnished. Over half have open-plan lounge areas, enormous beds, patio doors leading to the gardens, and huge bathrooms with spa baths and separate walk-in showers. The six Garden Suites have individual gardens complete with cedarwood hot tubs.

LOCATION The only Relais & Châteaux hotel in the Lake District, in a very quiet location – far from the hustle and bustle of the crowds, but only a stone’s throw from the breathtaking lakes and fells, and just 20 minutes from the M6 motorway.

A UNIQUE CONCEPT IN SPA LUXURY In January 2016, Gilpin Hotel & Lake House launched five luxurious detached lodges at Gilpin Hotel, each cedar-clad with king size beds, gorgeous bathrooms and a fabulously private en-suite spa, each along with mood lighting, fires, electric blinds and a state-of-the-art music system – invigorating all of the senses. The Spa Lodges each have a convertible treatment area, steam room, rain maker shower, free standing oval stone bath, outdoor sauna and hydrotherapy hot tub surrounded by a walled garden – and wonderful views over the gardens to the Lake District moors.

INTERNATIONAL PROPERTY

England - Gilpin Hotel & Lake House

LIFESTYLE

For those who would like that little bit extra, upgrade to the Spa Lodge Experience, including spa treatments and mini gift hampers filled with Gilpin’s Organic Jetty Spa products to use in your own private spa. Begin with a bespoke aromatherapy massage in the stunning open-plan lounge / treatment room, and then delve into your Jetty Spa products, with Passion Fruit Body Mask (for the steam room), Bamboo Body Polish (for the rainmaker shower), Chamomile Facial Spritz (for the outdoor sauna

and the 27 jet ‘Cube’ hydrotherapy hot tub), and finish with Vitamin E Face Cream and a gentle Sweet Orange Body Oil to gently hydrate your skin. Offering the ultimate in pampering indulgence, guests can enjoy their Spa Experience in luxurious, romantic privacy, all the while enjoying delicious drinks and delectable food. The Spa Lodges are simply the perfect romantic spa hideaway. The Spa Lodges are a wholly new concept from a hotel already renowned for its Lake House Jetty Spa Trail.

Our guests visit us for many reasons, often milestones such as birthdays, minimoons, honeymoons, anniversaries, celebrations, rest and recovery, spending time with dear friends, love or simply to awaken the senses. We set the scene as beautifully as we can, so you can truly enjoy the time together without worry, and create priceless memories.

INTERNATIONAL PROPERTY

REPORT Dubai, Report â&#x20AC;&#x201C; 2017

DUBAI

PROPERTY REPORT WINTER 2017

TARIQ RAMADAN RICHVILLE REAL ESTATE tariq@richville.ae

2017 is the Perfect Time to Buy a Residential Property in Dubai Most recent reports from major real estate advisory agencies operating in Dubai, and from Reidin which is the government sponsored real estate statistics agency, have agreed that the residential real estate market has been stable in 2016, especially in the last quarter, and the following are some key highlights on the residential property market of Dubai :

Current market supply is around 470,000 units

US$70 billion in real estate transactions

Around 56,000 investors,

Almost 23,000 foreign investors

and is expected to hit the

in 2016 of which US$28 billion were sales transactions

Indians come on top of foreign investors with US$ 3.3 billion followed

Residential Propertiesâ&#x20AC;&#x2122; sales values were stable in 2016

by British investors at US$1.6 billion then Pakistanis at US$ 1.2 billion. Other key investors came from Canada, China, Russia, Iran and Europe

while rents dropped by 2% in Q4 2016 and 6% year over year

500,000 mark by 2018

with UAE and GCC nationals coming on top

from 136 countries contributing US$11.7

billion

Data Source : Reidin UAE

INTERNATIONAL PROPERTY

Dubai, Report â&#x20AC;&#x201C; 2017

REPORT

56,000

Investors, with UAE and GCC nationals coming on top

23,000 Foreign investors from 136 countries contributing

US$11.7 billion

Foriegn investors in Dubai US$3.3 billion Indian investors US$1.6 billion British investors

US$1.2 billion Pakistanis investors

Other investors

Data Source : Reidin UAE

INTERNATIONAL PROPERTY

REPORT Dubai, Report – 2017

Now let’s look at the status of some key market drivers that have been affecting the market negatively over the past 2 years: 1.

Oil prices have been hovering around the US$ 50 mark, up from their lowest levels of around US$35 in 2015 with expectations that it will stabilize around the US$55 mark in 2017. While this might not be enough to boost the economies of the oil-rich GCC countries, it is an improvement and a sign of stability in these markets. This might create a more positive investment sentiment among GCC investors who are considered some of the most important investors in Dubai’s property market. On the other hand, it might still take some time for local demand to pick up due to the lagging effect of oil prices on the job market, however, we are witnessing signs of improved demand in mid-income properties segment given their affordable prices and high returns.

The UAE currency is pegged to the US$ which has been on the rise for the past 18 months, and the effect has been compounded by the devaluation of the Sterling Pound due to the BREXIT and the steep devaluation in the Russian Ruble due to the sanctions related to the Ukraine conflict and finally the Euro. All these currency related factors have been making it more expensive for investors from key markets like the UK, Europe and Russia to buy properties in Dubai. However, the increase in the US$ value seems to have stabilized with expectations that it might decline slowly as other major currencies start to pick up. This will bring customers back to the Dubai market.

Due to slow market conditions and ongoing supply of projects both nearing completion and off-plan, developers are now making very attractive offers which are making investors who are sitting on the fence motivated to invest. Some of the most popular offers include; extended post-handover payment plans, waiving the 4% registration fee, upgrades to larger units at eh same price.

Conflicts and political instability in the region is still a concern, while many of the existing conflicts seem to be heading toward conclusions over the next year or so. However, Dubai’s property market has established itself as a safe haven for investors from countries suffering from political instability or conflicts, and this influx of capital form such countries usually increases when such instabilities are reaching their conclusion.

The count down for the 2020 Expo has started, and all reports expect this to create a boost in property demand and value over the coming 3 years.

Based on the above, it is our expectation that the stability trend will continue in 2017 and we will see an upward moderate growth starting in the last quarter of 2017 or early 2018. This makes 2017 the perfect time for investors to buy both ready properties or off-plan properties, and also a perfect time for developers to purchase land for development. Most reports agree with the general positive expectation, but the question is when the rebound will start.

About RichVille Established in 2007, RichVille Real Estate LLC is a Dubai- based real estate company offering the entire gamut of real estate advisory services including development advisory, investment advisory, new projects’ sales and marketing, property supervision, feasibility studies and fund advisory services. Our advisory services are built on the edifice of experience, market knowledge and a professional approach. The first few years of operations are a fair indication of our thorough understanding of the market as we were managing projects worth over US$ 1.5 billion, sold new projects worth over US$ 700 million and finalized investment deals in excess of US$ 100 million.

Data Source : Reidin UAE

INTERNATIONAL PROPERTY

Feature your property in the bio annually Living International Property Magazine

INTERNATIONAL PROPERTY

D E S T I N A T I O N S

T H E

W O R L D ’ S

M O S T

D E S I R A B L E

L O C A T I O N S

Volume 1, Issue 1

World’s Largest Observation Wheel Home to Ain Dubai,

SECOND LARGEST U.S. TERRITORY PROJECT ,

PARAMOUNT MIAMI WORLD CENTER - 130

Holiday inspirations for your next escape

Raja Ampat as never before - 84

Eleven MadisonPark, New York Restaurant been named as The Best in the World - 35

Tuscana Living the Dream - 22

LONDON’S Newest Neighbourhood A Truly Mixed-Use Destination - 6

Contact the editor Call +44 (0)20 3432 1425 +90 (0)542 852 5012 or email info@internationalpropertymagazine.com

INTERNATIONAL PROPERTY

Istanbul - SeaPearl

DEVELOPMENT

A life full of privileges at

SeaPearl Istanbul...

SeaPearl, Istanbul's only seafront premium housing project, rises in two phases with an investment value of approximately 2 billion 700 million dollars. The average price per square meter in the 1st phase of the Project, which has 217 thousand square meter construction area, 6 thousand 185 square meter pond area, 33 thousand square meter green area and walking paths starts from 8 thousand dollars. In the first phase, which consists of 20 floors, 4 blocks and 631 units, unit types vary from 1 + 1 to 4 + 1 with areas ranging from 88 to 398 square meters. SeaPearl Istanbul Project bears Evrenol Architects signature...

INTERNATIONAL PROPERTY

DEVELOPMENT Istanbul - SeaPearl INTERNATIONAL PROPERTY

Istanbul - SeaPearl

DEVELOPMENT

There are fitness rooms that vary between 150 to 200 square meter area, yoga lounges, recreational areas, which are specific for the use of each block, as well as children's play grounds, seaside walk paths, tennis & streetball courts, pedestrian walkways, biological ponds, view islands and 33.000 sqm of Baroque-style landscaping. All independent units in SeaPearl rise in a position that has a sea view. SeaPearl, which provides not only a sea view but also the unique pleasure of living with the sea, offers transportation by sea at the desired location without losing time in Istanbul traffic due to its location.

INTERNATIONAL PROPERTY

The biological ponds and baroque gardens in the project are adaptable to everyday life. It is aimed that this environment is in touch with the nature. SeaPearl Ä°stanbulâ&#x20AC;&#x2122;s landscape design setup is an interpretation of contemporary and the traditional existing in the same pot. The landscape planning decisions of the project is inspired by the old palaces and gardens which bears baroque traces. The domination of the green color, which starts from the lower floors of the buildings, offers a concept that merges with the sky, by turning into light gray and blue shades on the upper floors.

SeaPearl, which provides not only a sea view but also the unique pleasure of living with the sea, offers transportation by sea at the desired location without losing time in Istanbul traffic due to its location

DEVELOPMENT Istanbul - SeaPearl

An Environment in touch with

Nature...

Kuzu Plaza, Yeşilköy Caddesi No: 19 34153 Florya | İSTANBUL www.kuzugrup.com +90 212 663 26 66

The building façades are considered as a modern interpretation of Turkish culture and tradition in order to capture the contemporary urban culture. In the project where first-class materials were used, the magnificent entrances in the rear fçades facing Ataköy settlement evoke admiration with its height and splendidness.

Bridge, and 1 km from Ataköy Yacht Port, is provided from Rauf Orbay Boulevard, also known as the coastal road.

It is an avant-garde project with Turkish architecture with its modern interpretation of the Seljuks star used in the architecture and its wave shaped blocks. The project, which is 2 km away from Atatürk Airport, is connected to TEM via E5 and Basın Ekspres Road. Direct access to SeaPearl, which is located 25 km from the FSM Bridge, 17 km from 15 Temmuz Şehitleri

The residential areas vary from 44 to 298 square meters from 1 + 0 to 4,5 + 1. In the Hotel unit, there are standard junior suites, executive suites, hospitality suites and presidential suites, which are ranging from 47 to 480 square meters.

The 202-room luxury hotel and 62 residence units in SeaPearl, are scheduled to start service in 2019, and will be operated by world renowned JUMEIRAH™.

There are also 2 thousand 344 square meter conference hall, 2 thousand 800 square meters

VIP Club, 244 square meter VIP business center, 1400 square meter dining and drinking area, 500 square meter restaurant by the sea, 3 thousand 265 square meter sports hall, 900 square meter market area, Turkish bath, fitness and spa area, an indoor / outdoor swimming pool and boutique shops in the Project. Kuzu Group is setting the standards of the future with SeaPearl. They have also prepared sample units, which reflect the privileges of the project. The sample apartments of 4 +1 with 385 square meter and 1 + 1 type with 119 square meter, have received full marks from the investor profile who visited the project.

INTERNATIONAL PROPERTY

Indonesia - Raja Ampat Islands

TRAVEL

Raja Ampat The sparsely populated Raja Ampat Islands comprise around 1000 islands just off Sorong. With their sublime scenery of steep, jungle-covered islands, scorching white-sand beaches, hidden lagoons, spooky caves, weird mushroom-shaped islets and pellucid luminous turquoise waters, Raja Ampat has to be one of the most beautiful island chains in Southeast Asia.

Pure, unadulterated beauty isn’t just what draws people here, though. Raja Ampat has good birdwatching, with a couple of species of birds of paradise present, and what many call the best diving in the world. Little known until the last few years, Raja Ampat’s diversity of marine life and its huge, largely pristine coral reef systems are a diver’s dream come true – and fantastic for snorkellers too. It’s like swimming in a tropical aquarium. In fact, the waters are so clear and fish so numerous that you hardly even need don a mask. We saw six sharks swimming around below us merely by peering out the window of an overwater hut! So great is the quantity and variety of marine life here that scientists have described Raja Ampat as a biological hotspot and believe that the reef systems here act to restock reefs throughout the South Pacific and Indian Oceans. The four biggest islands are Waigeo (with the small but fast-growing regional capital, Waisai), Batanta, Salawati and Misool. The Dampier Strait between Waigeo and Batanta has many outstanding

INTERNATIONAL PROPERTY

dive sites, so most accommodation options are on Waigeo, Batanta or three smaller islands between them: Kri, Gam and Mansuar. Picture a tropical archipelago of steep, jungle-covered islands, glittering white-sand beaches, hidden lagoons and luminous turquoise waters. Now throw in pristine coral reefs inhabited by clouds of tie-dyed fish. Place it in a remote corner of Indonesia largely unknown to foreign tourists, and you end up with the Raja Ampat islands: the ultimate tropical paradise.

WHY GO? It's a big call, but the collection of 1500-odd islands and islets scattered off the northwest tip of Indonesian Papua that comprise Raja Ampat is truly one of Southeast Asia's most beautiful archipelagos. If that isn't a good enough reason to put Raja Ampat on your must-visit list then consider the diving, which many authorities on the matter claim is among the world's best.

TRAVEL Indonesia - Raja Ampat Islands

Little-known outside hardcore off-the-beaten-track travel circles until the last few years, Raja Ampat’s huge, largely pristine coral reef systems and staggering marine diversity are a diver’s dream. Described by scientists as a 'species factory', this region nestled in the heart of the Coral Triangle is home to more than 10 times the number of hard coral species found in the Caribbean.

WHEN TO GO Raja Ampat is a year-round destination, although many diving outfits cease operations between July and September, when the usually calm seas can get quite rough. For the calmest waters and best visibility for diving, aim for a visit between November and March. The Raja Ampat region receives the heaviest rain from May to October, which can also make jungle walks treacherous.

BEST DIVING SEASON If you are wondering about the best time to go diving in Raja Ampat, the truth is that you could dive all year round. The water is warm, ranging between 28°C and 30°C depending on where you decide to dive. The visibility is variable so you really can’t say when it will be good or poor. If you are looking for good visibility, then it will be better for you to be on a liveboard that can try to find you the very best diving conditions. Many times if visibility is bad up North, then it is usually clear down south, if it is poor in the West, then the East will be clear.

DIVING AND SNORKELLING There are over 200 pristine diving sites in Raja Ampat where just sticking your head under the water means you'll be dazzled by a rainbow of luminous fish and corals. On a single dive you can expect to get up close with huge manta rays and giant clams, gape at schools of barracuda, fusiliers and parrotfish, peer at tiny pygmy seahorses and multicoloured nudibranchs, and, with luck, spot wobbegong and epaulette (walking) sharks, with marine topography varying from vertical walls and pinnacles to reef flats and underwater ridges. Snorkellers can observe many of these species from above, too, with many reefs easily accessible from the beach. Raja Ampat is generally better suited to advanced divers, and is thus not exactly a learn-to-dive hot spot. There are, however, some dive spots suitable for relative novices.

INTERNATIONAL PROPERTY

Indonesia - Raja Ampat Islands

TRAVEL

RAJA AMPAT is one of

The World's Most Beautiful Islands

INTERNATIONAL PROPERTY

TRAVEL Indonesia - Raja Ampat Islands INTERNATIONAL PROPERTY

Indonesia - Raja Ampat Islands

TRAVEL

INTERNATIONAL PROPERTY

TRAVEL

The Sardine Reef, 4km northeast of Pulau Kri, slopes down to 33m, and is home to so many fish that it can get quite dark! The fish-and-coral combination here has made it popular among underwater photographers. And despite the recent damage to coral caused by a cruise ship running aground, the waters off Pulau Kri offer some of the most celebrated dive spots. Schools of barracuda, jackfish, batfish and snapper coexist here with small reef fish, rays, sharks, turtles and groupers, and the undamaged coral is outof-this-world beautiful.

BEYOND THE REEF Raja Ampat isn’t just for divers. The forested islands are home to two bird-of-paradise species (the red and the Wilson's, which can both be spotted on Waigeo and Batanta islands), along with a realm of lizards, snakes, tortoises, opossums and other birdlife. Almost every dive lodge and homestay can arrange pre-dawn tours that will take you to forest hideouts overlooking bird-of-paradise 'concert arenas'. Most homestays can also organise visits to local villages, pearl farms and cave systems, as well as arrange hiking guides.

WHERE TO STAY Accommodation in Raja Ampat can be neatly divided into three categories. For beach bums happy to roll under the palms and engage in a bit of lazy snorkelling, the growing number of homestays are ideal – Pulau Kri and Pulau Gam have particularly rich pickings. Many homestays also offer diving, but safety standards and equipment maintenance can be questionable. For serious divers, there are a dozen-odd quality dedicated dive resorts in the region which generally offer one- to two-week packages including transfers, meals and a couple of dives per day. Top picks include Raja Ampat Biodiversity (rajaampatbiodiversity.com) and Kri Eco Resort (papua-diving.com/kri-eco-resort). Finally, there are liveaboard dive boats, such as Grand Komodo (komodoalordive.com), which are essentially floating dive resorts which sail from one coral reef to the next. Some itineraries combine Raja Ampat with the Banda Islands off neighbouring Maluku.

FOOD The original people of West Papua works usually as fishermen and traditional farmers. Most of them still lead the traditional life, eat traditional food which is prepared in the traditional way. The staple foods in Papua are rice, sago, taro roots and kau kau which are generally prepared with seafood, chicken, Pork and a large variety of greens. Coconut is used in cooking, for example, taro leaves cooked in coconut cream. Fish and other seafood supplement the diet and chickens are kept. A whole pig is roasted for traditional feasts. The few dishes are such Mumu, Chicken Barapen and Papeda.

Indonesia - Raja Ampat Islands

Most dives are drift dives, which comes with a warning: the currents that whip you along the edge of the reefs can be very strong. Proof of valid insurance and dive cards will be required at reputable dive operators. Most places provide all diving equipment. Despite the general fishy abundance, some of Raja Ampat's reefs are more interesting than others. At Manta Sandy, between Mansuar and Arborek islands, you'll find masses of huge manta rays, some with wingspans over 5m, waiting above large coral heads to be cleaned by small wrasses.

Mumu is a traditional dish, named after the oven where they cook their dishes; combining pork, sweet potatoes, rice and greens. It is cooked in the ground over hot rocks. Chicken Barapen ala Walesi is one of the most famous Papuan foods. Walesi is a name of tribe in Wamena Papua. They change pork with chicken because many Wamena people are muslim. Another traditional food is Papeda, made from sago flour base. This food is very popular for coastal communities or low-lying areas. To make it relatively easy, simply by pouring hot water into the sago flour, stirring it repeatedly until thickened and has a gluelike appearance. Enjoying papeda with yellow spice or sour fish dishes or the other plus the hot chili will taste very good. There is also traditional drink such as Saguer, a kind of 'MILO' (local drink) alcohol that is processed from virgin coconut.

HOW TO GET THERE The nearest major airport to the Raja Ampat islands is in the mainland city of Sorong. There are flights here from the likes of Jakarta, Pulau Ambon (Maluku), Jayapura (Papua), Manado and Makassar (Sulawesi). From Sorong it’s a short ferry ride to Waisai, on the island of Waigeo, where homestay operators will pick you up. Most top-end dive resorts and liveaboards will pick you up from Sorong. Getting to and from most places to stay in Raja Ampat requires using a speed boat transfer (all accommodation options offer this service), which requires a bit of planning; book accommodation and transfers in advance. Note that prices (for everything) are considerably higher than in Java, Bali, Sumatra and other more mainstream Indonesian tourism destinations.

INTERNATIONAL PROPERTY

Indonesia - Raja Ampat Islands

TRAVEL

Imagine

a little island village with a population of just 200 people and half of them gather together to welcome you. Out of that half, a few of them even sing and dance for you in their beautiful handmade costumes...

INTERNATIONAL PROPERTY

TRAVEL Indonesia - Raja Ampat Islands INTERNATIONAL PROPERTY

Holland - Waterlovt

DEVELOPMENT

INTERNATIONAL PROPERTY

DEVELOPMENT Holland - Waterlovt

Welcome to a truly unique experience

WATERLOVT Holland...

Waterlovt houseboats are built by a renowned world-class boat builder with an impeccable reputation. Water is in our DNA, because we have a long connection with rivers, canals, lakes and the sea … In Holland, where the Waterlovt is built, living in a houseboat is not at all unusual. It’s part of the Dutch heritage. As we’ve been constructing boats for centuries, we’ve been able to refine the design of our houseboats to meet the highest standards. You can rest assured that your home will be every bit as solid, comfortable and safe as one built on dry land.

INTERNATIONAL PROPERTY

Holland - Waterlovt

DEVELOPMENT

A Beautiful, Luxurious Home

STATE OF THE ART FACILITIES

With its beautiful form and refined details, your Waterlovt stands out from the crowd. It is also equipped with ultra-advanced installations that were designed to make your life on board as comfortable as the latest technology permits. On request, we can make your Waterlovt completely selfsufficient. You will then be totally independent of utilities on shore. Thanks to a desalination plant, you can enjoy your own clean, fresh water. With a maintain digester, your organic waste can be recycled and converted into energy, and, thanks to solar panels and batteries, you can run appliances on electricity

INTERNATIONAL PROPERTY

that you generate and store yourself. Smart glass, advanced aircon, and a special floor with cooling (and heating) capabilities ensure a climate that is pleasant all year round.

SOLAR SYSTEM & POWER BACKUP

The Waterlovt can be equipped with a variety of solar solutions, from an off-grid power supply during day-time to a fully selfsufficient power supply for 24-hour operation (including battery packs and a stand-by whisper generator). Your new home will be supplied standard with a hybrid system that includes a grid connection.

CLEAN, FRESH WATER

A high-end water unit can be installed for desalination of seawater. You can also choose a hybrid version, if onshore water supply is available.

WASTE TREATMENT

A sewage treatment unit can be installed that treats all waste-water ecologically. The output is qualified for discharge into open water or collection by a service company.

HOME AUTOMATION

The Waterlovt is equipped with a sophisticated home automation system including aircon and light controls, and a power-supply monitor, but numerous other advanced functions can be added on request. At Waterlovt we work with leading-edge suppliers.

DEVELOPMENT Holland - Waterlovt

ENTERTAINMENT

The Waterlovt can be equipped with high-end entertainment systems including home cinema, satellite TV in every room, audio systems with streaming music services ... You name it, we install it.

FUTURE-PROOF

The Waterlovt is based on the concept of a circular economy. It is built with modular components made of natural materials that can easily be recycled. We cooperate with universities, start-ups and designers to ensure that we incorporate the latest innovations in materials, design and equipment. In fact, this ultramodern way of living gives you – and your guests – a glimpse into a future when sustainable living will become the norm.

YOUR WISH IS OUR COMMAND

Whether you live alone, with a partner, or have a large family, Waterlovt houseboats can be delivered in a size and with facilities to suit your needs. What more, if required, we can produce a totally tailored home that’s built to your personal specifications. Maybe it’s time for you to taste the life-style of the future.

Wake up to a Magnificent View each day Waterlovt- Waldeck Pyrmontlaan 22 3743DE Baarn The Netherlands www.waterlovt.com Info@waterlovt.com 0031655765298 INTERNATIONAL PROPERTY

England, London - Miram House

DEVELOPMENT

Miram House The multi-award winning Miram House by leading London developer duo Artemi & Gibbs recently launched, yet has already made its mark in this desirable part of North London, surpassing all other new homes on the market with high interest from buyers.

Set in a countryside location, yet within easy access into Central London, this stunning development features just six individually designed, unique apartments, which offer the pinnacle in luxury living. The 3G artificial grass tennis court which is situated to the rear of the property backs onto the beautiful Hadley Wood Golf Club benefiting from charming

INTERNATIONAL PROPERTY

views. Paul Artemi from Artemi & Gibbs comments: “Design and attention to detail is at the core of everything we do. The setting of the site is so special with the views over the golf course and countryside that when we were designing Miram House, we couldn’t resist including an all weather tennis court for our buyers.”

DEVELOPMENT England, London - Miram House

‘‘DESIGN AND ATTENTION TO DETAIL IS AT THE CORE OF EVERYTHING WE DO.’’ Set in private, gated, landscaped grounds, Miram House features majestic columns and intricate stonework. The lobby features a magnificent chandelier with 10,290 hand cut Swarovski crystals and benefits from hotel style concierge service. Artemi & Gibbs have expertly blended the latest technologies, with the finest materials and traditional craftsmanship to create six very special, unique homes, which are simply unparalleled in this part of North London.

Each one of the carefully crafted, elegant homes has been designed and built to the highest specification with generous living spaces and contemporary interiors. Offering a mix of two, three and four bedrooms, each home is both distinctive and special. Bespoke fixtures and fittings have been designed and handpicked to ensure every element of Miram House feels exclusive. From bespoke floors to luxurious wall coverings, stunning kitchens and gorgeous bathrooms with their volcanic limestone baths – only the finest design, materials and craftsmanship has been selected.

INTERNATIONAL PROPERTY

England, London - Miram House

DEVELOPMENT

THE PENTHOUSE The four-bedroom penthouse occupies the entire top floor with commanding views over the golf course and features its own lift opening into a grand entrance lobby, two balconies and a large terrace to the rear. There are four two-bedroom apartments located on the ground and first floors which all feature terraces and the garden suite on the lower ground floor which features a large private west facing landscaped garden complete with outdoor fireplace.

INTERNATIONAL PROPERTY

DEVELOPMENT England, London - Miram House

The development provides a high level of security for its residents with an electronic gated entrance, secure basement parking, convenient lift access to all floors, video entry system, Banham alarm systems and CCTV throughout. Loved by its residents, Hadley Wood is one of Hertfordshire’s most coveted locations surrounded by parks and greenbelt, offering excellent transport links and amenities. The development is situated close to both Hadley Wood Village and Cockfosters, offering a large range of shops, amenities and eateries. As well as the developments, private all weather tennis court and its proximity to the Alister Mackenzie designed Hadley Wood Golf Course, Trent Park with its 800 acres of parkland is moments away. Miram House is equidistant to Cockfosters Underground Station with the Piccadilly Line, providing direct links into Leicester Square within 36 minutes, and Hadley Wood Overground station with routes into Moorgate in 23 minutes. By road, the development is a short distance from the A1, M1 and M25. Prices start from £1.75m for a two-bedroom apartment to £3.1m for the penthouse.

Paul Artemi paul@artemi-gibbs.com +44 (0) 208 345 5656 Unit 20 Wrotham Business Park Barnet EN5 4SZ | England www.artemi-gibbs.com

Artemi & Gibbs have been creating aspirational homes in London for the past 8 years. Run by Managing Partners, Paul Artemi and Stephen Gibbs, the company is focused on creating luxury residences which are completed to the highest quality and specification. With a focus on design, attention to detail, quality and craftsmanship, combined with modern skills and traditional values, Artemi & Gibbs has surpassed the standard for luxury living in each of the areas it has developed new homes, achieving record values. Projects by the team include, Miram House, Hadley Wood, The George, E5, Bridge House, Hertfordshire and Bradmore House in Brookmans Park. The company’s focus to provide a bespoke one to one service to its clients means that just one to two projects are created per year, each one personally managed by Paul or Stephen. INTERNATIONAL PROPERTY

Central London Office Market Bulletin

LONDON PROPERTY REPORT 2017

AINDREAS DOYLE ACCOUNT MANAGER AT EDELMAN www.edelman.ae

Resurgence in international investor confidence Activity amongst overseas private investors, sovereign wealth funds and institutions remains healthy as we enter Q2. This is largely linked to the continued favourable benefits to these groups of investors from the weakness of Sterling. In general, there has been a grooving positive attitude towards the long-term prospects for London, which is reflected in the fact that total investment volumes into Central London offices during Q1 2017 were 90% up on Q1 2016, totalling £3.85 billion (Property Data). The overall proportion of overseas investment into Central London offices over the same period has surged to 82%, from 59% in Q1 2016.

We have also noted that the office market’s low yielding environment has not been a deterrent to international investment. Seasoned investors are comfortable with low yields, particularly if they are relocation capital to London due to its perceived safe haven status. Those looking to place ‘refugee capital’ away from geopolitical turmoil in their own home markets do not appear to be fazed by the ongoing yield compression in the Central London sector. While the appetite to purchase appears to be growing, opportunities will only be considered where strong covenants, long leases and RPI links are in place.

Occupier activity dips Away from the investment market, occupier activity remains subdued. Overall take up in London’s office market during Q1 2017 was 2,210,000 sq. ft., 37% down on Q4 2016. Throughout the course of 2017, headline rental values and capital values have remained largely stable with no real change registered; however, this masks the fact that net effective rents continue to dip due to a rising number of lease incentives being offered by landlords.

100

INTERNATIONAL PROPERTY

While overall activity levels are markedly down on this time last year, there is a deeper market for offices in the £60 psf to £70 psf range, especially in the West End. The general nervousness stemming from the impending Brexit negotiations is also driving a rising number of requests for break clauses in 10-year leases for office space in the 5,000 sq. ft. to 10,000 sq. ft. bracket. Landlords are keen to minimise void periods, especially as supply levels continue to tick up in pockets of Central London.

REPORT

Central London Office Market Bulletin

101

INTERNATIONAL PROPERTY

Dubai - The Heart of Europe

DEVELOPMENT

The Heart of Europe

The Heart of Europe in Dubai is the world’s only island destination that brings together the very best of European designs, heritage and hospitality in a truly breathtaking and unique setting. More than just a destination, The Heart of Europe will offer a lifestyle like no other and be a beautiful tranquil haven that captures the very essence of European living to create a memorable vacation experience that goes beyond imagination. The Heart of Europe is a cluster of six islands on The World in Dubai. A global landmark, made up of 300 islands reclaimed from the sea in the shape of the world map, it is an iconic collection of private and resort islands, located 4km off the coast of Dubai. The Heart of Europe is based on destinations across Europe, spread over the islands of Germany, Monaco, Sweden, Switzerland, St. Petersburg and Main Europe, each of which have a unique and distinctive design.

102

INTERNATIONAL PROPERTY

The islands are a celebration of the continent’s artistic and cultural treasures, with each one capturing a different facet of Europe’s culture, character and ambiance. Home to some of the world’s most exclusive properties, luxury hotels, shops, boutiques, marinas, white sandy beaches, cafés, restaurants and a variety of premium quality leisure facilities for all age groups and individual interests, The Heart of Europe will be one of the most idyllic island holiday retreats in the world. The project will set a new benchmark for sustainability and innovation – incorporating green features, solar power and state-of-the-art technology. The Heart of Europe is set to become one of the world’s most environmentally friendly and forward thinking destinations.

TAKE A MOMENT TO CATCH YOUR BREATH

DEVELOPMENT Dubai - The Heart of Europe

TAKE A MOMENT TO CATCH YOUR BREATH The World is visible from outer space, a collection of man made islands that form a unique map of our planet. Surrounded by the Arabian Gulf, The World attracts a stunning variety of marine life all year round. The Heart of Europe is a glittering constellation of 6 islands set against the backdrop of The World Islands Dubai. Our resorts and residences welcome guests as if to the home of a close friend, presenting a quintessential luxury lifestyle that is beyond imagination.

INTERNATIONAL PROPERTY

103

Dubai - The Floating Seahorse

DEVELOPMENT

THE FLOATING SEAHORSE Category: 5* Resort Keys: 90 Location: St. Petersburg Island St. Petersburg resort will be home to 90 Floating Seahorses, two beach bars, one pool bar, all-day barbecue style dining, in room dining (24/7) and tailormade culinary experiences in The Floating Seahorse.

Signature Edition, a feat of innovation achieved by a marriage of engineering and imagination. An epitome of timeless design and craftsmanship spread across three levels, one of which is underwater. The Floating Seahorse is truly unique and offers a world of new experiences, from the ocean that spreads out before you on the upper levels, to the underwater level that presents the coral reef brimming with beauty and life. Inspired by the very best of leading European design, The Signature Edition of The Floating Seahorse has been developed especially for families with guests, groups and children of all ages. A magnificent and enduring icon, The Floating Seahorse has set a new precedence in luxury living. Essentially a boat without propulsion, The Floating Seahorse has set a new benchmark in the marine and luxury lifestyle market for contemporary design and innovation.

104

INTERNATIONAL PROPERTY

At the beginning of 2015 The Floating Seahorse was officially unveiled in Dubai and has hit the headlines across the world since. Designed and developed in The UAE, The Floating Seahorse takes inspiration from some of the most exquisite design features associated with yachts and villas. Created for marine enthusiasts, The Floating Seahorse is a unique fusion of timeless design and futuristic innovation. Each individual Floating Seahorse will consist of three storeys, one underwater, one at sea level and an upper deck. Sleeping underwater surrounded by marine life and coral reef is something many of us can only dream about, but The Floating Seahorse offers just that and more! Designed for holidaying, quality leisure time, relaxation and fun, The Floating Seahorse today is a worldwide phenomenon and one of the worldâ&#x20AC;&#x2122;s most sought after marine style retreats.

DEVELOPMENT Dubai - The Floating Seahorse

YOU MAY NEVER WANT TO LEAVE

Some experiences are so magical that itâ&#x20AC;&#x2122;s difficult to describe them. Fall asleep while gazing at your coral garden, as sea turtles glide by and a seahorse dances in the moonlight. Awaken to the beautiful splash of colours from the coral reef, as the sun pierces the waters. See a hammour race by and catch a stingray gracefully float around your home. These are the amazing sights that await you at the coral reef that surrounds each and every Floating Seahorse.

INTERNATIONAL PROPERTY

105

Dubai - Germany Island

DEVELOPMENT

Germany Island

Category: 5* Resort Keys: 32 Location: Main Europe Island Germany Island is cleverly designed in the shape of a horseshoe and will be home to 15 contemporary beach villas and 17 lagoon properties, all of which will offer stunning waterfront views, privacy and tranquility. Designed by European architects, all properties will be characterised by modern German architecture and premium quality fixtures and fittings.

INTIMATELY GERMAN Sample the best that Germany has to offer and excite your taste buds and your senses by delicious and authentic cuisine or the world renowned Oktoberfest, all of wich will be a part of the unique experience that you will delight in. Germany Island at The Heart of Europe will be reflective of the very best in German architecture and culture. The island will capture the very essence of a luxury modern day German inspired lifestyle. The trademark “Made in Germany” is recognised worldwide as a label for high quality products / value for money and Germany’s global reputation extends to great inventions created by well-known Germans. The appreciation of fine food, traditional beverages and a cornucopia of festive holiday recipes are a part of the cultural heritage brought into the twenty-first century.

106

INTERNATIONAL PROPERTY

DEVELOPMENT Spanish Meatballs with Clams

Germany Island at The Heart of Europe will be home to beautiful beach villas and lagoon properties where guests and residents can enjoy a plethora of themed events and entertainment throughout the year. From carnivals and Christmas markets to the popular Schützenfest and Oktoberfest, the island will embrace the rich cultural heritage and diversity which Germany and its people are renowned for. German cuisine is as diverse as the regions in which it is made, and during key events on the annual calendar, Germany Island will serve some national and regional specialities including Eintopf, Bratwurst, Spargel, Sauerbraten, Kartoffelpuffer, Schnitzel, Brezel, Spätzle, Knödel, Apfelstrudel and the finest German beverages. Embark on a culinary tour of discovery and get a taste of Germany’s diversity at The Heart of Europe! Germany Island forms a part of The Heart of Europe, an iconic collection of six distinctive islands, located on The World, 4km off the coast of Dubai. The resort is a truly unique, one of a kind luxury lifestyle destination which offers unparalleled levels of hospitality. Germany Island will be home to 15 contemporary villas and 17 lagoon properties, all of which will offer stunning waterfront views. Designed by European architects, all properties will be characterised by modern German architecture and premium quality fixtures and fittings.

German architecture has a long, rich and diverse history and The Heart of Europe is combining Bauhaus style with modern, functionalist design which incorporates clean lines, floor to ceiling windows and the highest specifications throughout. The minimalist style properties will be powered using green energy and solar power, thanks to leading German technology. The island will be shaped like a horseshoe to ensure that all 32 exclusive residences command magnificent views. The 15 six bedroom beach villas feature their own exterior pool deck, an infinity pool and direct access to their own pristine private beach. The 17 lagoon properties will offer four bedrooms and a lagoon style private pool and garden. There are three different types of villas available on Germany Island: two different types of beach villas (one of which has more outdoor living areas and one with more interior living areas) and a semidetached lagoon style villa options. Germany Island is ideally located adjacent to Sweden and Monaco Island with inter-connecting bridges. What makes Germany so appealing is that it offers total privacy and tranquility, while still being within easy reach of hotels, shops and facilities on other islands at The Heart of Europe.

INTERNATIONAL PROPERTY

107

Dubai - Côte D’azur Hotel

DEVELOPMENT

CÔTE D’AZUR HOTEL Category: 5* Resort Keys: 839 Location: Main Europe Island The Côte D’Azur Hotel is a luxury five star hotel resort. It will consist of 839 suites and deluxe apartments.

CRÈME DE LA CRÈME

Côte d’Azur will offer a unique experience and each residence will enjoy the breathtaking sea and Dubai skyline views or the adjacent European styled street, which will offer luxury boutiques, cafes, restaurants and much more. The Côte d’Azur Hotel will be a sublime holiday destination for couples, families and groups and is perfectly located on the exhilarating island of Main Europe. This is a world of fascination, with picturesque courtyards, landscaped gardens, a beautiful white sandy beach, clear waters, children’s clubs and all manner of watersports including diving, snorkeling and sailing. If you fancy dinning out, there are a variety of Mediterranean style beach cafes and restaurants that serve sumptuous meals and there’s shopping to be done, with numerous luxury shops, making The Côte d’Azur a dream holiday destination. The Côte d’Azur Hotel will be located 108

INTERNATIONAL PROPERTY

on Main Europe Island at The Heart of Europe, 4km off the coast of Dubai. Main Europe, the largest island at The Heart of Europe, will be home to an exciting selection of luxury hotels, beautiful marinas, pristine beaches, cafes, restaurants, shops, boutiques and a host of premium quality entertainment facilities. One of the most unique features on the island will be the ground-breaking climate control technology which will transform narrow cobbled streets and picturesque plazas into a truly authentic European climate. Taking inspiration from some of Europe’s most charming cities and beachside destinations, visitors to the island will be able to experience and enjoy the very best of different countries around each corner! From themed street cafes and boutiques to exclusive beach clubs and hotels, Main Europe Island offers a taste of France, Italy, Spain, Germany, Portugal, Austria, Denmark and Switzerland to name just a few countries!

DEVELOPMENT Dubai - Côte D’azur Hotel

Key attractions on the island include The Côte d’Azur Hotel, The Portofino Hotel and various European themed boutique hotels and a variety of captivating live entertainment and events throughout the year. The Heart of Europe will be home to The Côte d’Azur, a luxury five star deluxe beach hotel with over 600 keys. The contemporary hotel resort will offer a choice of deluxe and superior deluxe suites. The prestigious holiday destination will be one of the island’s exclusive hotspots! The design of the hotel takes inspiration from modern day Mediterranean architecture. Synonymous with The Côte d’Azur (The Blue Coast in the south of France), the hotel will incorporate key features from some of southern Europe’s most impressive architecture and design.

INTERNATIONAL PROPERTY

109

Dubai - Côte D’azur Hotel

DEVELOPMENT

In addition, the hotel will consist of high quality specifications throughout and sustainable state-of-the-art technology. The Côte d’Azur Hotel will be located on one of the prime beachfront areas of Main Europe Island at The Heart of Europe, close to the Main Gate and within walking distance of the amphitheatre. What’s more, Côte d’Azur guests will be able to dine at a variety of different Mediterranean style beach cafes and speciality restaurants and enjoy a host of shopping facilities on their doorstep.

110

INTERNATIONAL PROPERTY

DEVELOPMENT Dubai - Côte D’azur Hotel

The Côte d’Azur Hotel will be the perfect holiday destination for couples, groups and families as it is ideally located on the vibrant island of Main Europe, close to an abundance of amenities to suit all individual tastes and interests.

The hotel will be operated and fully managed by a leading European hospitality brand.

INTERNATIONAL PROPERTY

111

Dubai - Portofino Hotel

DEVELOPMENT

PORTOFINO HOTEL Category: 5* Resort Keys: 450 Location: Main Europe Island Portofino Hotel is the first five star family hotel in the UAE. It will be dedicated to providing the most enjoyable vacation experience of a lifetime to families with children.

A SUBLIME FAMILY EXPERIENCE

Portofino is a destination that offers an amazing experience that is sure to leave you feeling like monarchs. Guests staying at the hotel will have exclusive access to a variety of first class facilities and services to ensure that the whole family is pampered and entertained at all times.

A ROYAL INTRODUCTION

From the sea you will sail into a beautiful marina and dock on to the walkway, where a porter awaits you with a warm welcome. With a few steps from the path youâ&#x20AC;&#x2122;ll find yourself in the grand entrance and enchanting lobby. Welcome to Portofino Hotel, where guests are treated like royalty and nothing is spared to make guests feel special at any time of day or night during their stay. The Portofino is an exclusive one of a kind 5-star deluxe family hotel, created with the needs of families in mind. The Portofino will be the first family hotel in the region to cater specifically for adults and children and offer a wide variety of quality childrenâ&#x20AC;&#x2122;s facilities, including outdoor water related entertainment, a variety of lagoon inspired swimming pools, tailor-made clubs for different age groups and much more. 112

INTERNATIONAL PROPERTY

DEVELOPMENT

A SUBLIME

FAMILY

EXPERIENCE

A ROYAL LANDING

The Portofino Hotel will have its own beautiful and fully serviced private marina where visitors and guests can dock their boats and yachts. The hotel will be managed by one of the world’s leading family hotel operators and will offer the ultimate European hospitality and entertainment. The Portofino will have around 450 amazing suites with Princess, Queen and Royal types to choose from. All quarters will be graced with sea views and suites on the upper floors will have their own private rooftop plunge pools.

FORCES OF NATURE

The Heart of Europe defies the impossible. Where it doesn’t exist, we build it. With the world’s first climate controlled resort, with rainy streets, a snow plaza and ancient Mediterranean trees finely aged up to 1,500 years old and imported from Andalusia in southern Spain, The Heart of Europe is truly a magical destination.

FIT FOR A QUEEN & KING

At Portofino, we say “The mother is queen” and this magnificent resort will provide and cater for the mother’s every need, to ensure that she feels right at home, pampered and relaxed and at all times.

Dubai - Portofino Hotel

The Portofino is perfect for families with newly born babies (from 7 days old) right up to late teens and ensures that mums have the restful and relaxing holidays they deserve. There are even appointed professional caretakers to watch the children, so mum and dad can have some alone time or even a date night. The variety of services for your cherished little ones include the Baby Royal Club, the Toddler Royal Club and the Teen Royal Club.

The perfect haven for mums to enjoy a complete pampering of the mind, body and soul. From spa and wellness treatments to beauty, and to health and fitness, the hotel caters to her every individual desire. There is The Queen’s Club, a 24-hour concierge and reception, baby sitting, chauffer and travel booking services. There will be hosts of personal shoppers, beauticians, nutritionists, therapists and personal trainers to make their stay even more personalised to their needs. There will be plenty to offers like fathers' complete relaxation and rich quality downtime. With direct access to the marina, it is the perfect spot for boat and marine enthusiasts. This will be a dream holiday destination for children of all ages. Boys and girls will be catered with a host of activities and attractions to keep them occupied and satisfied. From new-born babies to infants and teenagers, the hotel will provide parents with top class supervisors to take care of their children at all times. The Portofino holds some excellent clubs for the children.

INTERNATIONAL PROPERTY

113

Dubai - Sweden Island

DEVELOPMENT

Sweden Island

Category: 5* Resort Keys: 10 Location: Main Europe Island Sweden Island will be home to 10 premium quality majestic waterfront villas which consist of seven bedrooms, an exterior pool deck, a private beach and a stunning tropical landscape.

SWEDEN PALACE Interior Design by BENTLEY

Only five of the ten Sweden Palaces on Sweden Island will be furnished by Bentley Home and will offer exclusive high end home interiors. In addition, each sumptuous residence will also boast the state-of-the-art party/ chill-out floor on the roof of the upturned Viking vessel, which will also be customized and furnished by Bentley Home. Bentley Home furniture is inspired by the time-honoured craftsmanship and material selection that characterize Bentley car interiors. The new Bentley Home collection combines traditional and modernist designs with a little spirit of the British gentleman driver which the Bentley motor is renowned for. The range of handmade furniture is inspired by the techniques, materials and high quality finishes that are synonymous with Bentley car interiors. At The Heart of Europe, you can live the way you drive, with a Sweden Palace furnished by Bentley Home which offers the ultimate in luxury and comfort!

A SANCTUARY FOR THE SENSES

Escape the pace of the city and discover your personal throne in a private ocean kingdom. Celebrate a life unimagined and a wealth unmatched on the goldensands of Sweden Island.

114

INTERNATIONAL PROPERTY

DEVELOPMENT

There are wonders and wow moments wherever you find yourself at The Heart of Europe. Be captivated and entertained by the grand circus and underwater museum, take in the wonderful sights of spectacular nightly firework shows or the rush of beautiful corals, over 100,000 of them, and an exciting nightlife for all ages. Indulge in your favorite activities and take to the water to sail, dive or jet ski and enjoy a complete European shopping experience with the best brands in the world.

INTERNATIONAL PROPERTY

Dubai - Sweden Island

AMAZING IS EVERYWHERE

115

Dubai - Sweden Island

DEVELOPMENT

The Heart of Europe – Key Features

The exquisite island paradise is designed to offer the ultimate in luxury living and will be home to some of the most extraordinary features and facilities imaginable. An out-of-this-world vacation resort with exclusive holiday homes including the iconic Floating Seahorse and Sweden Palaces furnished by Bentley Home, the world’s first outdoor climate controlled technology to provide rain and snow, 13 hotels including five, six and seven star accommodation, European inspired streets, plazas, marinas and boardwalks. 51 European countries represented across a plethora of authentic cafes and restaurants. A unique European shopping experience including boutiques and designer brands. A wide variety of outdoor activities and water sports including snorkelling, diving, paddle boarding and sailing, an annual calendar of events and activities including some of Europe’s most talented street performers, artists and musician, a permanent circus operated by a leading European brand, and an annual festival.

116

INTERNATIONAL PROPERTY

DEVELOPMENT Dubai - 1/JBR

1/JBR

Dubai- UAE

Registered the most expensive ‘off-plan’ property sale in Dubai in 2016. EDGE, an award-winning architectural firm based in Dubai, known for their efficient and elegant designs, exceeded the expectation when designing this luxury Dubai residential tower.

A 46-storey high-end 1/JBR tower created for elite homeowners, is a one of a kind building, in a one of a kind location. Being built in the prestigious location on the land, less than 260m to the sea, at the entrance to popular Jumeirah Beach Residences, it is a luxury in a pure form that only few can afford to call it home.

Ivar Krasinski, The Founding Partner and Design Director of EDGE: – “We love doing simple, clean, minimal design, that’s our aesthetic. We don’t want to do something over the top just for the sake of looking different. As a team, we stand behind this high-quality building. It’s not just a residential tower, it’s so much more.”

The inspirational architecture and interior design with high-end amenities and private beach access, 1.7km strip of restaurants, fashion stores, mall and cinema at its doorstep, forms an aspirational lifestyle and living experience that cannot be matched anywhere in Dubai.

A building of this size in such proximity to the sea brings its challenges. It could not be designed using standard off-the-shelf approaches. Everything needed to be thoroughly investigated and customized.

117

Dubai - 1/JBR

DEVELOPMENT

An eye-catching icon against the Dubai skyline and the gatekeeper to JBR The building canopy is designed as a metaphor for crashing waves on the beach, reflecting the rhythm of the Gulf and emphasizes the height of the tower. The project is not only a jewel in the crown for the JBR community and skyline, but will also add value to the area. Designers focused on both the indoor and outdoor experience of the tenants. Apartments are generous in size, ranging from 180 m2 for the smallest two bedroom to 351 m2 for the largest four bedroom. These sizes are well in excess of the market average. The penthouses are 806 m2 of usable space with extra-large terraces. Each unit includes a fully open large kitchen and an enormous living room. The in-house interior design team used top-class finishing touches and fine marbles providing a natural and comfortable, yet stunning environment. The glass curtain-wall façade brings plenty of natural light to the apartments and provides a spectacular 180 degrees of uninterrupted views of the sea and coastline from the moment you enter your home. Home owners can enjoy beautiful sunsets from the privacy of their living room, bedroom or in some units, even the master bathroom. After dusk, the dramatically lit picturesque coastline of manmade islands, The Palm and Bluewater (which will be the base for the upcoming Ain Dubai), complements the landscape. Overlooking Skydive Dubai with parachutes constantly landing, adds further interest to the views.

118

INTERNATIONAL PROPERTY

Considering the year-round sunny Arabian weather, architects equipped each of the apartments with spacious terraces. These are much more than a balcony due to their large size, with the space provided for the whole family to dine comfortably while enjoying the sea breeze. To give individual clients more choice, an optional private balcony pool can be included for some apartments. The important aspect of privacy was not missed. The typical residential building would offer lifts used by anyone at any given time. EDGE took a different approach when designing 1/JBR. Due to the elevator strategy, it’s totally unique in its catering to an owner, since there is no common floor lobby. It has great privacy from the parking area to the elevator and to the apartment door. This can’t be matched by any other residential tower currently in the market. Martin Baerschmidt, EDGE Founding Partner and Managing Director: - “From the moment you drive to 1/JBR by private road and entrance, you take your car to the basement and take your private or semi-private elevator to your apartment. If you or your guests arrive at the main entrance under the bespoke designer canopy, you will be greeted by triple height lobby, offering a timeless first impression.”

DEVELOPMENT Dubai - 1/JBR

We love doing simple, clean, minimal design, that’s our aesthetic. We don’t want to do something over the top just for the sake of looking different. As a team, we stand behind this high-quality building, it’s not just a residential tower, it’s so much more. IVAR KRASINSKI Founding Partner and Design Director of EDGE

INTERNATIONAL PROPERTY

119

A T I O N S D E S T I N

Volume 1, Issue

T H E

S W O R L D ’

M O S T

B L E D E S I R A

O N S L O C A T I

Subscription

argest World’s Lhee l

Published bi annually, we hope you will enjoy each issue of the Living International Property Magazine…

Obser vation W

Home to Ain Dubai,

EST U.S. SECOND LARG OJECT , TERRITORY PR RLD CENTER - 130 PARAMOUNT MIA

From real estate on all continents to investment, interior design, advice, decoration, and travel guide, we cover it all.

MI WO

e ns for your next escap Holiday inspiratio - 84

er before Raja Ampat as nev

To subscribe please email us, at

disonPark, Eleven Ma as aurant been named

info@internationalpropertymagazine.com

New York Rest ld - 35 The Best in the Wor

Tuscana - 22 Living the Dream

LONDON’S rhood Newest Neighbou e Destination - 6 A Truly Mixed-Us

URE | ARCHITECT

Subscribers will receive each issue, gaining access to property deals worldwide

For online copies please visit www.internationalpropertymagazine.com

By subscribing, Living International Property Magazine team will contact you via email or telephone in order to provide more detailed information relating to Living International Property Magazine.

INTERNATIONAL PROPERTY

DEVELOPMENT Istanbul - Piyalepaşa

We are Rebuilding a

Neighborhood...

Piyalepaşa İstanbul has all the values to make it a true neighborhood, our very own neighborhood, The good old days of the Piyalepaşa neighborhood are being brought back to life with Piyalepaşa İstanbul’s houses, residences, offices, hotel and a shopping avenue...

INTERNATIONAL PROPERTY

121

Istanbul - Piyalepaşa

DEVELOPMENT

Piyalepaşa İstanbul is a successful model of an urban regeneration that plans a peaceful environment in a manner of not only reforming physical or functional, but also raising social welfare of current residents. Polat Holding Real Estate Development and Investment Co.’s enterprise Piyalepaşa İstanbul, is one of the largest urban regeneration projects in Istanbul where the basic occupants of community preserve all rights and continuously live in the same neighbourhood. From urban planning scale to interior, all design stages were designed by iki design group representing Piyalepaşa İstanbul’s wealthy development in the historic and physical heart of Istanbul, in Beyoğlu. The design covers, housing units, residences, offices, hotels and an open-air shopping street on an area of 82,000 square meters. Designed to create a new urban destination, the project’s core area focuses on a mix of cafes, boutiques, apartments, townhouses, offices and a hotel. The architecture is a well- thought mix of traditional and contemporary elements chosen to honour Beyoğlu’s rich architectural heritage, while providing the backdrop for a modern, 24-7 live/working environment. Bearing reminiscence to Selchuk and Ottoman architectures, “Piyalepaşa Istanbul” offers a new living space without changing the city’s and the neighbourhood’s silhouettes with its stepped facades, large eaves, bay windows, pools, and indoor courts. The project is designed to introduce the old spirit of neighbourhood with groceries, simit stalls, fruit sellers, coffee shops with peaceful simplicity. The architectural design of the project, which is probably the only original living space where the old spirit of neighbourhoods will come alive with investments already made by top brands, is delivered by iki design group.

Star Residence Experience...

The 2 concepts of the residences in “Piyalepaşa İstanbul”, each with refined wooden materials, rare marbles and delicate ornamentation, are inspired by the Bosphorus.

122

INTERNATIONAL PROPERTY

Design Approach

Considering Istanbul’s horizontal and vertical architectural signs for being in the middle/centre of “everything” design consists of both conventional and contemporary architectural details. The project accommodates a hotel, residences, retail and office functions yielding a variety of spatial settings melding with topography. Squares, niches, urban corridors and courtyards are treated as the hinging elements that combine buildings and lead pedestrians to penetrate them without hindrance. Considering the large scale of the project, approximately 450.000 sqm. of construction site, horizontal and vertical planes are applied gradually to control the sizes of buildings and to

DEVELOPMENT Istanbul - Piyalepaşa

prevent an oppressive impact of it to its surrounding. The design is the most liveable version of the existing urban area which is already settled, in this regard the boulevard and transportation potential of the site was evaluated and enriched with retail axis. The housing units kept for the existing occupants. A hotel design next to office blocks and retail axis invites visitors to experience the historical core of Istanbul which also summarizes where the urban regeneration approaches and the practices arrived within Beyoğlu. “A hotel building in the historical centre of Istanbul, offices to enrich the economic sustainability to increase the charm of site, street shopping and open areas, squares and niches strengthen for community networking, housing units to enjoy the life at Piyalepaşa İstanbul, open and inside site retail for both the community and the visitors…” Istanbul suffers from the lack of green land-use in central city. 48% of the project area is consisting of green areas, covering the whole living, shopping, working and welcoming environment where each square meter will serve a purpose, will create a difference with design and add value on. With the intention of creating an open block environment, without fences, this space is considered for a restaurant, open to the public and already in operation, guaranteeing traffic and safety day and night in the area, bringing urban vitality to the neighbourhood.

Building Design

In contrast to the peacefulness of neighbourhood, courtyard of Piyale Pasha Mosque is colourful, lively and full of activities. The mosque had been the main inspiration of the design. The design inspired from the historical atmosphere of the existing neighbourhood which is next to the religious architectural symbolic monument Piyale Pasha Mosque was designed by Master Architect Sinan on 16th Century. The vernacular style of Selchuk and mostly Ottoman Architecture where the geometric schemes in facades and key areas of the buildings, the marble facades and floors with nostalgic Anatolian and Mediterranean details including canopies, eaves and bay windows represents the design approach of Piyalepaşa Istanbul Project. Continuous canopy and canopy-like panels across the facades have been involved as a derivative design element regulating horizontal expanding and vertical rising.

INTERNATIONAL PROPERTY

123

Istanbul - Piyalepaşa

DEVELOPMENT

Each

Flat Tailored for a Different Taste...

Piyalepaşa Istanbul features 2 different styles of unique decoration appealing to different tastes, mainly Modern and Classical

124

INTERNATIONAL PROPERTY

DEVELOPMENT

Piyalepaşa İstanbul’s housing units will accommodate 947 apartments on 120,000 m² residential construction area vary between 6 and 10 floored blocks where the serviced residences are 16 floor high. Residential units with different size and types will accommodate various types of flats from 55 sqm. to 207 sqm. which will each have a balcony. A serviced residential block with 190 luxury apartments offering concierge services that include guest admission, wake up service, pest control, cleaning and housekeeping, all-day shopping, dry-cleaning, ironing tailoring, car washing, childcare, furniture transport, ticket purchase, hotel and restaurant reservation with taxi services.

Istanbul - Piyalepaşa

Residential

Interiors

The interior design of Piyalepaşa İstanbul is a broad work and conceptual story. Show home selection here in this portfolio is limited with 3+1 and 1+1 units. The average family size in Turkey is officially 3.52 people per household and it keeps on decreasing therefore young couples are preferring studios or 1 bedroom houses. For 1+1 houses two characters of family inspired us and we thought of a young couple’s habits and needs that revealed a contemporary style. Stable furniture organisation eases the effective use of space in residential units. While giving space for personal choices. 3+1 show home design inspired from another families and design, thinking of this took us to their lives, and revealed a traditionally classic and elegant use of space. The father is a travel loving doctor, and the mother is a good cooking musician and their two children have different interests too. Thinking of their needs and possible tastes took the design process forward. Standard light package; (1+1 homes) with it’s clear and plain concept; carries the peacefulness of the white tones to a relaxing space. By one coloured doors, wardrobes and lighting designs; it describes the plain expression and lifestyle of modern times. The housing units kept for the existing occupants of the neighbourhood inspired the units’ average sizes, of course, in according to their family sizes and habits of space usage in their daily lives. On the other hand, for the new-comers, the target audience in Piyalepaşa İstanbul aimed to consider young, dynamic and different groups of income and household sizes. The late decision of design for show homes were designated due to its affordability and flexibility that attracts a large group of users, in terms of optional budget packages. Standard dark package; (3+1 houses) carries the traditional lifestyle to today’s comfort. Marble is the most dominant material applied very frequently and placed almost every single room in this project. The Hacıhüsrev Mosque across the project site inspired and encouraged us to use marble, timber, large, dark coloured tiles, golden, copper tone metallic details and features. Classic shades of timber and classic designs are sharing the leading role with beige and brown marbles. Keeping the trace of past alive and setting past with todays’ technology. Same as the masterplan, facades and key areas of the buildings, interior design approach embraces the vernacular style of Selchuk and Ottoman Architecture with modernised versions of furniture, lightening and use of space.

INTERNATIONAL PROPERTY

125

Istanbul - Piyalepaşa

DEVELOPMENT

Office

Office buildings have a user friendly architecture which combine workers, space and productivity all together. Office buildings are being designed as a brand-new workplace with its location, size, services and organization infrastructure. Consistency of harmony on both the interior and exterior design, providing and supplying all daily requirements of the personnel, production of data and technology in its rentable offices, the participants have a continuous relationships with neighbours are the main approaches and principles for the designing process.

Hotel

The hotel and office functions, as the conviviality generators. Similar to this, the retail rows along the inner paths and niches are likely to attract a high volume of outdoor activities. Piyalepaşa Mixed, along its own context, will also be source of social and physical urban regeneration in the adjacent area Hacıhüsrev, and is expected to be the engine of the renewed spatial configuration.

Social Facility

Piyalepaşa İstanbul has 2,500 sqm of indoor social centre that includes a fitness centre, an indoor basketball court, an indoor swimming pool for both adults and children, a steam bath, a sauna and a spa centre.

Transportation

With proximity to the tunnels, connecting roads and freeways, hospitals, business areas, living and entertainment centres, project provides easy access to all public services. Piyalepaşa İstanbul will be eliminating the most problematic issue of Istanbul urban life- traffic jam and Piyalepaşa Boulevard, by underground parking of 3900 parking plots beneath the site. 550 meters long shopping promenade is closed to the traffic flow, project offers a unique opportunity for shopping in an open and large area. As a mixed-use development on 82 decare site, Piyalepaşa İstanbul will not be increasing the vehicle density on Piyalepaşa Boulevard thanks to parking lots for each function; divided as a hotel, offices, housing units and retail areas.

126

INTERNATIONAL PROPERTY

DEVELOPMENT Istanbul - Piyalepaşa

Founders of Iki design group & Design Chiefs:

Site Area: 82,000 m² Construction Area: 450,000 m² Investor: Piyalepaşa Real Estate Investment Development Co. Investment Size: 800 Million Dollars Residential Area: 107,000 m² No of residential units: 760 units Office Area: 50,000 m² No of Serviced Residences: 190 units Hotel Area: 34,000 m² Retail Area: 31,000 m² Social Facilities:2,500 m² Parking Capacity: 3,900 vehicles Masterplan, Architectural and Interior Design: iki design group

iki design group’s Nispetiye Mh. Aytar Cd. Aydın Sk. No:4/9 34340 Levent, İstanbul +902122787444 www.ikidg.com

INTERNATIONAL PROPERTY

127

Spanish Meatballs with Clams

FOOD

Spanish Meatballs

INGREDIENTS

with clams, chorizo & squid

25g butter 3 small shallots, diced 1 heaped tsp smoked Spanish paprika (we used the sweet, or dulce type) 3 garlic cloves, 2 crushed and 1 sliced 2 tbsp dry Sherry 50g fresh breadcrumbs 300g pork mince 1 egg yolk

PREP: 30 MINS COOK: 25 MINS

EASY

50ml olive oil, for frying 300g chorizo, either mini whole ones or a large sausage, cut into bite-size pieces

SERVES 4

300g cleaned squid, cut into rings

NUTRITION PER SERVING

100ml white wine

Calories

Fat

Saturates

Protein

Carbs

Salt

Sugars

795

57g

17g

49g

18g

3.47g

300g chopped and squashed tomatoes (squeeze to a pulp using your fingers) 400g clams Handful flat-leaf parsley, roughly chopped Extra-virgin olive oil, for drizzling

METHOD Melt the butter in a heavy-based casserole, then soften the shallots for 5 mins. Add the paprika and crushed garlic and cook for 1 min until the paprika becomes fragrant. Splash in the Sherry, then pour the whole lot into a bowl with the breadcrumbs. Season and cool. Add the pork mince and the egg yolk to the bowl, then beat well. Shape into 18 small meatballs. Wipe the pan, put on medium-high heat, then add the oil. Fry the meatballs for 5 mins, just to colour, then lift onto a plate, but keep the oil in the pan. Sizzle the chorizo with the sliced garlic. Add the squid and fry to give a little colour. Now tip in the white wine and bring to a boil, scraping the bottom. Stir in the pulped tomatoes, bring to a boil, then add the meatballs and the clams. Cover and cook for 5 mins until the clam shells open. Discard any that stay shut. Sprinkle with the chopped parsley, drizzle with the extra virgin oil, then serve with crusty bread.

128

INTERNATIONAL PROPERTY

FOOD Spanish Meatballs with Clams INTERNATIONAL PROPERTY

129

Miami USA - Paramount Miami Worldcenter

DEVELOPMENT

130

PARAMOUNT MIAMI WORLDCENTER Emerald Ocean Real Estate - Miami USA presents a new project with the opportunity to get Green Card and live in the United States of America.

INTERNATIONAL PROPERTY

DEVELOPMENT Miami USA - Paramount Miami Worldcenter

MIAMI

WORLDCENTER is the Second Largest Project in the

US Territory!

Brilliant Master Planned Community Spanning nearly 30 acres, Miami Worldcenter is the most exciting project in Miami. Miami Worldcenter will be situated in the epicenter of Downtown Miami surrounded by over $3 Billion of new public and private projects including mass transit, sports venues, museums, parks and entertainment. Miami Worldcenter will include approximately 1,200 residential condo residences including the 513 luxury condo residences at Paramount Miami Worldcenter, the Mall at Miami Worldcenter, the ultra-posh 7th Street Promenade, Marriott Marquis World Convention Center Hotel and over 3,000 easily-accessible parking spaces.

The Mall at Miami Worldcenter The Mall at Miami Worldcenter is certain to impress, as it will not be your traditional-style mall. The Mall at Miami Worldcenter will be an open-air, high-end shopping district that will consist of a high-street retail concept, featuring a pedestrian-friendly, Lincoln Road meets Lincoln Center-type district. The Lincoln Road-esque, outdoor shopping district will include 2 to 3-storey, first-class luxury shops and fine-dining restaurants with beautifully-landscaped public plazas and promenades.

INTERNATIONAL PROPERTY

131

Miami USA - Paramount Miami Worldcenter

DEVELOPMENT

THE TOWER

WITH THE MOST AMENITIES IN THE WORLD...

7th Street Promenade Miami Worldcenter will feature an elite 7th Street Promenade that will span 90,000 square feet. The 7th Street Promenade will boast an eclectic variety of fine dining and casual restaurants and vibrant entrainment all surrounded by beautiful, lush landscaping.

Marriott Marquis World Convention Center Hotel Miami Worldcenter will be home to Miami’s largest convention center hotel, the Marriot Marquis World Convention Center Hotel. Marriot Marquis will feature 2,000 modern hotel rooms and provide first-class services to travelers seeking relaxation and comfort for business travelers. Marriott Marquis will feature a 600,000 square foot convention center with ample meeting and conference spaces. Marriot Marquis will also provide ample, easy-accessible parking for all of its guests. Miami Worldcenter will simply be an elevator away from all the energetic art and culture that Downtown Miami has to offer including: • • • •

The Mall at Miami Worldcenter American Airlines Arena Perez Art Museum Frost Museum of Science

• • • •

Adrienne Arsht Center Bayside Marketplace Museum Park Bayfront Park

• • • • •

Rain showers Spa tubs Full-size laundry room Lock-out suite (in 3 bedroom residences) Convertible den

Tower Overview

700+ Feet, 500+ Residences on Levels 8-54

Residential Features • • • • •

132

Private elevator access with private foyers 10-Foot ceilings in all living spaces Outdoor living rooms Large entertainment space Designer european kitchens

INTERNATIONAL PROPERTY

DEVELOPMENT

Miami USA - Paramount Miami Worldcenter

133

INTERNATIONAL PROPERTY

Dubai office sector embraces the age of fitness

A recent Core Savills report has revealed that a new fitness trend has rapidly taken over Dubai’s office market. The number of work-live-play developments in the pipeline is changing Dubai’s working environment, embracing the new age of fitness.

According to its Dubai Office Market Spotlight, Core Savills has witnessed a growing amount of fitness centres located within office buildings. As mentioned in a report by Core Savills: “The growing demand for bona fide mixed-use developments and adoption of the live-work-play philosophy for millennials (the next generation of occupiers), requires integrated services like fitness facilities in a pedestrianised ecosystem, within proximity to office districts. This has led to increased demand in retail within office buildings, bolstering rents in prime areas.” Core Savills notes that sectors leading in occupier demand in Dubai are technology, service industry, logistics and transportation. For the first time, a cross segment between retail and commercial space is emerging with fitness centres and specialist independence operators rising in demand. “These boutique workout studios, conveniently located within commercial buildings, usually offer innovative and intense workout classes in a structured 45-min format such as spin, HIIT or boot-camp sessions, facilitating lunch break workouts for employees. The studios are able to take up prime retail as they require smaller spaces (1,000 sq. ft. or less) than their bigger competitors with fully-fitted gymnasiums, who require more room to fit training equipment. This works to their advantage, making it easier to reach full occupancy, as they do not need to rely on a big number of memberships to cover relatively high rental rates,” says Core Savills. This article is supplied by Cityscape. Cityscape Global 16th edition, taking place in Dubai, is recognised as the annual barometer for the real estate industry in emerging markets and is one of the largest and most influential real estate events held globally.

134

INTERNATIONAL PROPERTY

Dubai office sector embraces the age of fitness

“Through the development of these pockets of art, design music and sport, integrated with retail and F&B, Dubai is learning to use urbanism as a powerful tool to enhance public interactions through built and particularly open spaces, a progressive shift from the dominant “build big” philosophy.” “ Dubai is witnessing an increasing number of homegrown start-ups and attracting international players into the wellness scene, growing together with government-led initiatives to encourage healthier living”, says Core Savills. David Godchaux, CEO of Core Savills, says: “D3, with its investment grade offices, ateliers and retail outlets is a perfect example of blurred edges between spaces of work and play. Furthermore, regeneration activity across older industrial areas, such as Al Quoz, is leading to offbeat warehouse-based art centres, start-up incubators and gymnasiums increasing take-up in the district – for example Alserkal Avenue.” “Through the development of these pockets of art, design music and sport, integrated with retail and F&B, Dubai is learning to use urbanism as a powerful tool to enhance public interactions through built and particularly open spaces, a progressive shift from the dominant “build big” philosophy,” he added.

https://www.cityscapeglobal.com/en/home.html

INTERNATIONAL PROPERTY

135

Free zones drive investment

FREE ZONES DRIVE INVESTMENT Abu Dhabiâ&#x20AC;&#x2122;s free zones have proven to be very successful in attracting international investment; for the Emirate to continue, experts advise that Abu Dhabi should consider launching additional free zones and develop its existing ones more aggressively.

136

INTERNATIONAL PROPERTY

Free zones drive investment

The creation of new investment environments in Abu Dhabi, such as free zones, will elevate the Emirate’s status as an investment hub. This is according to the region’s industry experts. Abu Dhabi has several operating free zones, including prominent examples such as Khalifa Industrial Zone Abu Dhabi (KIZAD), Abu Dhabi Airport Free Zone, ADGM (Abu Dhabi Global Market) on Al Maryah Island, Masdar City Free Zone and Science and Technology Park, and twofour54, which focuses on the industrial logistics, finance, technology and media sectors respectively. According to Matthew Green, Head of Research and Consulting, CBRE Middle East, Abu Dhabi’s free zones have proven to be very successful in attracting international investment. “The impact of the free zones should not be understated, with KIZAD alone estimated to have contributed around 3% to the Emirate’s non-oil GDP during 2016, driven by significant expansion in the leasable area within the industrial zone. In total, KIZAD now has over 130 investors across a variety of products, including leased land and the logistics park,” says Green. “ Comparatively, the industrial spread in the capital is more limited than in neighbouring Dubai however ”, says Green, “ this has largely been borne out of Dubai’s necessity to diversify an economy, which historically had only limited oil reserves.” As Abu Dhabi looks to fulfil its goals on its path to economic diversification, it will look at developing and enhancing new investment hubs. INTERNATIONAL PROPERTY

137

Free zones drive investment

INVESTMENT MAGNET

NON-OIL GROWTH

For Green, the setting up of free zones in the UAE has been instrumental in attracting international occupiers to the country, including many of the World’s Fortune 500 companies.

“Abu Dhabi’s free zones have proven to be very successful in attracting international investors to the UAE, underlined by the rapid expansion of KIZAD in recent years,” says Green.

“However, the driver to continue to expand the offering of free zones and to further develop the business infrastructure goes far deeper, and is intrinsically linked to the Emirate’s wider diversification strategy and Abu Dhabi Economic Vision 2030,” says Green.

For many experts, like Green and Plumb, free zones will continue to play an integral role in fostering non-oil growth. “We expect to see a significant expansion of capacity, investors and companies within the Emirate’s key facilities. The diversification drive may also result in the establishment of new free zones, focussed on evolving investments into critical sectors and ultimately to drive new economic growth avenues,” adds Green.

Craig Plumb, Head of Research, JLL MENA says that free zones are designed to attract additional investment and employment by creating hubs of similar activities and creating a simplified regulatory environment, with lower operating costs and greater freedoms. “There are far more free zones in Dubai (25+) than in Abu Dhabi (5) and the concept of free zones is more developed in Dubai,” says Plumb. “To redress this balance, Abu Dhabi needs to develop its existing free zones more aggressively and consider launching additional free zones for those industries that it seeks to promote under the 2030 Vision.” Green agrees. He says that Abu Dhabi’s economy is ultimately still driven predominately by the dominant hydrocarbon sector. “However, over the past decade the private sector has played an increasingly important part in the development of the economy, and has consequently become a crucial driver in achieving sustained growth, despite a period of lower oil prices over the past 20 months.”

Sean Magee, Senior Legal Counsel for media free zone, twofour54, says that the free zones make to possible for foreign media companies to retain 100% ownership of a business. “This helps to attract investment in the UAE from companies where this ownership model is important. Since its launch in 2008, twofour54, has steadily grown to become the home of media and entertainment in the UAE’s capital and now has more than 450 companies actively trading from twofour54’s campus, as well as over 600 registered freelancers. That’s 450 companies and more than 3500 employees contributing to the local economy as a result of twofour54,” he says about the free zone’s benefits. Magee, one of the panel speakers at the Cityscape Abu Dhabi Conference, says that in recent years Abu Dhabi Film Commission’s (ADFC) 30% rebate scheme has helped attract many film and television productions to the Emirate of Abu Dhabi; from the region, Hollywood and Bollywood, developing an emerging reputation as a destination of choice for media production. “The rebate helps to put Abu Dhabi on the shortlist as a location destination, while the films and television services arm of twofour54, which provides production services from beginning to end, has proved to be a catalyst for delivering these high-profile projects.

138

INTERNATIONAL PROPERTY

Free zones drive investment

The combined offering of ADFC and twofour54 enables this new area for economic growth, not only brining the production budget to Abu Dhabi, but more important ancillary spends such as accommodation and hospitality,” says Magee. For Magee, the media’s representation of Abu Dhabi will influence how foreign investors, across all sectors, see Abu Dhabi. “In this way, twofour54, as the home of media and entertainment in Abu Dhabi, has an important role in enabling investment in every sector by boosting Abu Dhabi’s reputation through accurate reporting and representation of Abu Dhabi and the UAE,” concludes Magee.

This article is supplied by Cityscape. Cityscape Global 16th edition, taking place in Dubai, is recognised as the annual barometer for the real estate industry in emerging markets and is one of the largest and most influential real estate events held globally.

https://www.cityscapeglobal.com/en/home.html

INTERNATIONAL PROPERTY

139

Sleeping beauty awakens 140

INTERNATIONAL PROPERTY

A spectacular wine museum places the historic city of Bordeaux on the architectural world map while acting as a game changer for the city’s once conservative image.

Sleeping beauty awakens

SLEEPING BEAUTY AWAKENS

The French city of Bordeaux has always been well known to global wine enthusiasts, however the ‘sleeping beauty,’ as the city is often referred to, may soon come to be associated with remarkable architecture too. Not only is Bordeaux home to the highest number of preserved historical buildings in France after Paris, but is recently making headlines with world-class architectural projects. One of the city’s new icons is La Cité du Vin (City of Wine). Standing bold and impressive on the banks of the Garonne River, the wine museum makes a strong architectural statement in Bordeaux’s redeveloping docklands district while signifying the city’s new found calling for providing a base for architectural experimentation. The museum adds to Herzog & de Meuron’s recently completed Nouveau Stade de Bordeaux (2015) and OMA’s Jean-Jacques Bosc Bridge (2018) that put the once sleepy town on the architectural world map. Designed by French firm XTU Architects, La Cité du Vin was officially inaugurated on 1st of June this year; construction took just 36 months to complete. On five main storeys, the museum houses a breadth of interactive experiences related to wine, a 250-seat auditorium, art galleries, a reading room, a wine bar, restaurants, a viewing platform and a gift shop. Since the mid-1990s, Bordeaux has undergone a massive revitalisation project which restored hundreds of magnificent 18th-century limestone buildings at the city’s centre. La Cité du Vin is the culmination of this spectacular 15-year rehabilitation, which has given a gamechanging boost to the city’s once quiet and conservative restaurant scene. INTERNATIONAL PROPERTY

141

Sleeping beauty awakens

SHAPE AND MOVEMENT

According to the architects, the initial aim of the building’s architecture was to create a link between La Cité du Vin and the spaces surrounding it through perpetual movement. This begins with the rounded shape of La Cité du Vin which resembles a wine decanter, and which stands in stark contrast to the rest of the architecture of Bordeaux. In their design, architects Anouk Legendre and Nicolas Desmazières of XTU took inspiration from gnarled vine stock, wine swirling in a glass, and even from eddies on the Garonne. Every detail of the architecture should evoke “wine’s soul and liquid nature: seamless roundness, intangible and sensual.” Reverting to this theme seemed logical since when building a museum, the exterior shape needs to suggest the interior subject, Legendre explains. “The subject – wine – is a liquid element and is about movement. The form should resemble the shape that wine takes when swirled in a glass, while at the same time alluding to the sense of mysteriousness that drinking wine in itself evokes.” The concept of fluidity and movement is key to the architects’ design execution and extends to every aspect of the building, ranging from the curved silhouette to the building’s indoor spaces, materials and scale as well as to the flow of visitors through the building. “In a museum the visitor experience needs to be fluid so the journey we created takes the visitor around the museum to come back to the starting point. At the centre of the building lies a garden; visitors, like a river, turn around the garden via the central staircase and come back in a continuous movement.” This means that visitors are constantly moving as they experience a virtuous circle of discovery. “Each person discovers a new world in a fluid, rotating motion leading to an unusual, limitless destination, like a journey through the meanderings of a cultural landscape which feeds the imagination,” the architects say. The building’s two entrances on either side further create an impression of movement, ebb and flow between inside and outside. One entrance faces the city and the other faces the river while higher up, the viewing tower offers panoramic views over Bordeaux. An interesting feature of the viewing platform on the 8th floor, which houses a tasting area, is the ceiling, covered by a chandelier of thousands of glass bottles. “We wanted to have something spectacular at the top that matches the panoramic 360 degrees view over Bordeaux, which is further emphasised by the huge glass walls that reveal the view over the city,” Legendre says. 142

INTERNATIONAL PROPERTY

Sleeping beauty awakens

THE FAÇADE

On approach of La Cité du Vin, visitors are struck by the building’s shimmering façade, made up of silk-screen printed glass panels and perforated, iridescent, lacquered aluminium panels. “Because the building has a rounded shape and needed to convey the concept of fluidity, we employed different finishing on the glass panels, which would give them a continuously changing effect.” “Depending on the light, weather and reflection from the river, parts of the façade would appear golden at times while at other times, they would shimmer in grey or green. The idea was that for a visitor, it should be hard to determine what the exact shape of the building is.” Again, the connection to wine as a liquid and mysterious subject is evident: “Changing with the sunshine or the time of day, the building dialogues with the river through its reflections. There are very close parallels with a wine’s constantly changing appearance.” Legendre explains that achieving this changing effect was very important in order to integrate the project in the surrounding landscape.

THE STRUCTURE

Once inside, another fascinating feature of La Cité du Vin reveals itself: the wooden structure of the building. It consists of more than 570 arches of laminated timber, no two of which are the same. The arches form the structure of the exterior shape while at the same time serving as the interior ceiling. On a conceptual level, the wooden structure is reminiscent of a timber frame, of boats, and of wine on its travels. “Wood is very important to the wine industry – wine ages in wooden barrels and is transported on wooden boats. So there is a relationship between wine and the forest,” Legendre explains. Furthermore, the region around Bordeaux has a lot of woodland area and is home to France’s biggest forest, hence the architects wanted to make a connection to the regional landscape and identity. Building such a structure would have been impossible just ten years ago, explains Legendre. “We can only build such curved arches today because the technology has advanced significantly over recent years; with the help of specialised robots, the wood can be cut into shape according to the three dimensional model,” she says.

https://www.cityscapeglobal.com/en/home.html

LINKING OLD AND NEW

La Cité du Vin sits at the border between the old town of Bordeaux and the city’s industrial district, and is expected to transform the area around it through attracting more projects that inject life in the district.

With projects such as La Cité du Vin, Bordeaux shows that it has even more to offer than plenty of history and delicious beverages. “Bordeaux has become a great place for architectural experimentation in France. As the city is expanding, new construction is welcome. It’s a playground for architects in France,” says Legendre.

“There’s a lot of construction going on in this area which is aimed to become a new part of Bordeaux. The museum is the first milestone in this transformation, and other projects will hopefully follow,” says Legendre.

The face of the historic town is definitely changing and it’s clear that Bordeaux has shed its ‘sleeping beauty’ image, embracing its new found glory as one of France’s most exciting, vibrant and dynamic cities.

INTERNATIONAL PROPERTY

143

Current trends in Dubai’s commercial sector

Current trends in Dubai’s commercial sector Knight Frank identifies several trends that Dubai’s commercial sector will see in 2017

LOCATION

“Location remains one of the main drivers behind occupiers’ choice of office space with the Dubai International Financial Centre (DIFC) and Sheikh Zayed Road being the primary preferences, based on the number of enquiries in Q1 2017. Commercial towers along SZR provide easy access and are serviced by metro stations, making them popular among local and international corporates,” says the Knight Frank report. For the consultant, DIFC is a prominent platform for international and local businesses and financial institutions looking to operate within a transparent regulatory and legislative framework.

BUILD-TO-SUIT

Another trend visible in Dubai’s commercial market is build-to-suit. Knight Frank notes that the lack of availability in Grade A office buildings is forcing occupiers to seek build-to-suit opportunities. “This evolving trend enables corporate occupiers to build according to their specifications. Key examples of this include the HSBC building and Standard Chartered building in Downtown. We expect this trend to continue, as international organisations continue to build and develop their regional presence in Dubai,” claims the Knight Frank report.

144

INTERNATIONAL PROPERTY

Current trends in Dubai’s commercial sector

HEALTHCARE

Last year saw the growth in enquiries in healthcare and pharmaceuticals industry. According to Knight Frank, this comes as the Emirate aims to achieve a world-class healthcare systems and feature as a major destination for medical tourism.

MEDIUM SIZE OFFICE DEMAND

The fourth trend that Knight Frank sees in the market is the demand for medium sized office space. Most office demand in 2016 was confined to spaces between 1000 – 5000 square feet. “It is our view that this reflects occupier caution in the face of challenging economic conditions. In turn, Q1 2017 saw an increase in enquiries for 1000 – 5000 square feet of office space, which confirms current sentiment.

FUTURE MARKET TRENDS

Looking towards the future, the Knight Frank report revealed that growth of commercial REITs, a demand in prime locations, an expanding logistics landscape, and breaking new ground, are commercial trends to look out for.

https://www.cityscapeglobal.com/en/home.html

INTERNATIONAL PROPERTY

145

Urban farms sprout life in idle city buildings

Urban farms sprout life in idle city buildings An increased desire for chef-quality ingredients and the demand for fresh produce has given rise to urban farms in idle buildings across North American metropolises.

A simple look inside a certain 70,000 squarefoot warehouse in the middle of Newark, New Jersey reveals long shelves stacked to the ceiling with fresh herbs and salad greens. This is the world of urban farming. Over the last few years urban farming has garnered significant interest due to a younger and more health conscious population demanding organic and locally sourced food. As a result, idle buildings, old warehouses and abandoned factories within cities are being repurposed into urban farms to meet the demand. The result: a rising industry that has relegated agriculture to city neighbourhoods. The trend is becoming so popular in North America that it earned a spot on PwC’s recent report on Emerging Trends in Real Estate in 2016. According to the report, some of these neighbourhoods are the “hollowed out” areas of Detroit as well as Camden and Newark, New Jersey. “But there is a surprisingly significant level of activity in places like Brooklyn, Chicago, Philadelphia and Washington D.C., where foodies of all generations abound,” says the report.

146

INTERNATIONAL PROPERTY

Urban farms sprout life in idle city buildings

This is the world of urban farming

INTERNATIONAL PROPERTY

147

Urban farms sprout life in idle city buildings

RISE OF A TREND

According to Andrew Carter, U.S. Regional Manager for the Association of Vertical Farming, consumers have evolved in such a way that they now want to know where their food comes from, and are willing to pay a premium for quality, freshness and flavour. “In many urban areas consumers are stuck with produce shipped from across the globe and are looking for any way to get that freshness they desire. Though urban agriculture can be difficult and expensive, this demand makes these businesses viable.” Marc Oshima, Co-Founder and Chief Marketing Officer of AeroFarms, one of the leaders and pioneers of urban farming in North America, says there are many forces at work driving growth in urban farming. “Population growth and the spectre of feeding more than 9 billion people by 2050 is definitely an argument for finding ways to grow in spaces not traditionally used for farming. And environmental forces like soil degradation, water scarcity and contamination - not to mention rising land prices - make indoor agriculture specifically ripe for development and innovation,” he says. Oshima believes that for consumers it goes much deeper than a simple wish for organic produce. Shoppers want transparency and authenticity, he says, and a connection with their food and the farmers that grow it. “In fact, multiple studies suggest that shoppers are more likely to choose locally grown produce over organic produce. Since much of the produce in the grocery store travels hundreds, if not thousands of miles - especially in the winter - urban agriculture is a natural answer to consumer concerns,” says Oshima. 148

INTERNATIONAL PROPERTY

NEED FOR WAREHOUSE SPACE

For Oshima, idle buildings and warehouses are essential. “In order for any indoor farm to scale, a certain amount of the space is required, which is why warehouses are preferable,” he says.

AeroFarms’ global headquarters is a USD 30 million investment and has attracted institutional capital as well as public dollars from the city of Newark and the state of New Jersey.

AeroFarms will open their new global headquarters during this summer which will be the world’s largest indoor vertical farm. The 70,000 square foot building is a former steel mill and is located in the historic ironbound neighbourhood of Newark, New Jersey.

According to Carter of the Association of Vertical Farming, many commercial facilities benefit from being completely indoors; this is why the warehouse model has become more and more popular.

“The farm which sits in an economically troubled, heavily industrial area has welcomed us with open arms. We are hiring locally and also supplying fresh greens to supermarkets, institutions, and restaurants in the NY Metro area, the largest marketplace in the United States,” says Oshima.

“That said, the needs of the crops tend to require significant alterations to the space, and many businesses consider building completely new structures to house these facilities. There is definitely a need for more warehouse space for food production, but it has to make economic sense on the operator’s side,” says Carter.

Urban farms sprout life in idle city buildings

REPURPOSING OLD BUILDINGS

According to PwC’s Emerging Trends in Real Estate report, there is surprising scale to the number of operations. New York City is home to one warehouse operation that produces more than 300 tonnes of vegetables in three hydroponic (process of growing plants in sand, gravel, or liquid, with added nutrients but without soil) operations in Brooklyn and Queens. “In Chicago, a local business has grown its output to about a million pounds of salad greens and herbs, and contracts with four dozen upscale supermarkets. Detroit’s community and commercial farming operations brought 400,000 pounds of food to market in 2014,” says the report.

BENEFITS OF INDOOR FARMING

In New York, Gotham Greens grows everything from lettuce to bok choy in rooftop greenhouses, including in a 20,000 square foot facility atop a Whole Foods in Brooklyn, while Green Spirit Farms in Michigan operates out of a former plastics moulding factory.

Experts believe that vertical farming could move beyond a niche market and become a solution for food insecurity in the U.S., and could even be the future of agriculture, with climate change negatively affecting rural farmland while the global population continues to swell.

Oshima of AeroFarms says that the company’s whole focus is based on how they can transform agriculture and communities by revitalising abandoned buildings. When they first started, the company operated out of a vacant machine-shop in upstate New York in the Finger Lakes region.

“With our proprietary growing system, we have 75 times more productivity per square foot than a field farm, and 10 times more than a greenhouse, while using less than 1% of the land required by conventional field growing to produce the same yields,” says Oshima.

“One of the great things about our growing system is that it is very modular and can be adapted to any space. So we can build a farm almost anywhere, and we get inquiries every day from around the world about bringing a farm to this country and repurposing warehouse space. We have an extensive pipeline of projects and will be building 25 farms over the next 5 years,” says Oshima.

According to Carter, urban farms have water savings of up to 90%, better than field grown produce.

For PwC, what is important for the trend is the repurposing old buildings. “The idea that the end of one productive use of a real estate asset spells the extinction of value and the sunsetting of opportunity is an idea whose time is over,” says the report.

For investors, vertical farming is a nascent industry, says Carter. “Investing in smart, motivated people interested in addressing food production is never a bad idea. Understanding crop science, produce markets, and the nature of agriculture in general will help investors realise these are longer term investments with a lot of potential to grow.”

“In addition, growing indoors allows for extreme control over the growing environment, which allows for optimum growth parameters, faster growth, and more consistent growth throughout the year, despite climatic issues outdoors,” says Carter.

While urban farming won’t replace conventional farming anytime in the near future, it will work sideby-side to make fresh produce more accessible to as many city-dwellers as possible, as well as transform the country’s idle buildings to cater for the demand. This article is supplied by Cityscape. Cityscape Global 16th edition, taking place in Dubai, is recognised as the annual barometer for the real estate industry in emerging markets and is one of the largest and most influential real estate events held globally.

https://www.cityscapeglobal.com/en/home.html INTERNATIONAL PROPERTY

149

Care for culture

Care for culture OMA’s transformation of a collection of warehouses in Dubai’s industrial district aims at providing a place where arts and culture can thrive. Cityscape takes a closer look.

Renders supplied by OMA

Driving through Dubai’s industrial neighbourhood of Al Quoz reveals an image that stands in stark contrast to the polished areas of Dubai that have made the city world famous: run-down garages, dusty pavements, large warehouses and, no flashy high-rise buildings. It is amidst this slightly rough area that, over the past nine years, a unique arts and culture district has organically grown to become a hub for the UAE’s arts and creativity scenes: Alserkal Avenue. Founded in 2007 by Abdelmonem Bin Eisa Alserkal, the son of an art collector and traveller, Alserkal Avenue was established to provide home for the creative industries as its founder realised the distinctive lack of such a district in the UAE. “Alserkal Avenue was created with a view to support and help grow the arts and culture scene in the UAE, and we started with just a few galleries in 2007,” says Vilma Jurkute, Director of Alserkal Avenue. 150

INTERNATIONAL PROPERTY

With time, demand for space within the Avenue grew organically, says Jurkute, which led the company to launch an expansion last year, more than doubling the original warehouse space. “The expansion was the result of a burgeoning local interest in the arts, but also in a rising culture of creative entrepreneurship. Today, while contemporary art remains at the core of our vision, we have grown to become an organisation that promotes arts, creativity and culture in Dubai, the UAE and the wider region,” Jurkute explains. For the 43 warehouses in the expansion, Alserkal Avenue has received over 700 applications so far, clearly illustrating the rise in demand for such space. Spread over 500,000 square feet, the Avenue is home to a versatile mix of art galleries, design showrooms, community spaces, retail, culinary concepts, and industrials that coexist harmoniously.

The space that OMA is currently working on is to become Alserkal Avenue’s own multi-purpose venue, a key location to be able to host large-scale public events, such as art exhibitions, performances, conferences and more. Alserkal Avenue’s goal is not only to set the bar in terms of aesthetics and design, but to maintain flexibility and adaptability in the interiors, giving customers the chance to create distinct experiences that will remain with their audiences. For OMA, the project presents an interesting undertaking, says Iyad Alsaka, Partner in charge at OMA, as it is aligned with the firm’s recent preoccupation with preservation projects. “As we have done with the Prada Foundation in Milan, it excites us to build on an existing condition rather than creating a new one,” Alsaka says, adding that for OMA, working with a company like Alserkal Avenue is like an extension of their own vision.

THE INTERIOR SPACE

“The task was both to think about the interior space so it can accommodate the events it’s going to host but also re-think the exterior so it will stand out from the surrounding buildings. We wanted to blur the line between what is inside and what is outside,” explains Alsaka.

Care for culture

ARTS AND ARCHITECTURE

As advocate and supporter of the local arts community, aesthetics and design are naturally high on the agenda for Alserkal Avenue, which is why the company has chosen no other than renowned Dutch architectural firm OMA to design a conglomerate of four warehouses as part of the expansion project.

OMA decided to push all the services and facilities to the back to maximise the event space. The fact that Alserkal Avenue needs flexible space also means that the back of house has to be able to cater to four different events happening at the same time if needed. OMA have based the principle of the design on the introduction of four shifting walls that allow for different space configurations. “These walls are able to rotate and can be manipulated according to the space required for a certain type of event, creating separate rooms. Complete separation means that the different spaces are also fully acoustically isolated meaning there is no disturbance from one another. The space can go from as small as 70 sqm to the full size of almost 900 sqm,” explains Alsaka. Another factor OMA introduced was the expansion of the natural sky light. “We modified the ceiling to maximise the natural light coming in. The fact that the space has a lot of natural light also distinguishes our approach from the traditional exhibition spaces in the region as these are usually buried into ‘ballroom conditions’ with almost no natural light,” says Alsaka. The ceiling is an open grid ceiling with all the lighting embedded in it which also carries special lighting trucks so organisers can install any kind of special lighting they might need for their event. With regards to finishing of the interior, Alsaka says this was kept very neutral because the space itself should take over rather than the architecture, to allow for the events to he held there. The flooring for example is simple concrete - grey again to allow for maximum neutrality for the creators and their shows.

Renders supplied by OMA INTERNATIONAL PROPERTY

151

Care for culture

RETHINKING THE CITY

Vilma Jurkute

Is Director of Alserkal Avenue, home to Dubai’s creative industries. Spread across 500,000 square feet in Al Quoz, the architect-designed warehouses host numerous art galleries, art studios, a black box theatre and dining options, and will also soon be home to Dubai’s first art house cinema. A Lithuanian with a background in international business, Vilma Jurkute worked in New York, Chicago and London before settling in Dubai in 2011. She joined Al Serkal Avenue as Communications Director, moving into her current position in 2014.

THE OUTSIDE

“There were obviously budget constraints and since it’s a brand new building we didn’t want to rip everything off that was there. We thought the best way to design the outside was to use very rough concrete on top of the existing skin and apply a granite-like effect. The concrete mixture has mirror chips which means it will create a surprising, sparkling effect. This is unique in Dubai and we did a lot of testing as to what material can be applied since it’s not a ready-made product,” explains Alsaka. On the front façade, OMA used sandwich-like aluminium panels which required careful studying with the contractor on how to open the inside to the outside. At the same time, they had to introduce a material that provides a bit of privacy and that isn’t very translucent. “Right now we’re working with polycarbonate that gives us the desired effect – the idea being that when you close the doors, you hardly see what’s inside but on the other hand they can be opened up to the outside. It’s also a very light structure which is important when looking at reducing costs,” says Alsaka. Finally, OMA wanted to re-look at the outside area in general such as the paving and landscape. “Our approach is one of ‘mild intervention’ – introducing landscape that almost fades into the space. It would be short throughout the main area and would become lusher as you move towards the central café of the courtyard [Nadi Al Quoz] where the space wouldn’t be required for events.”

While developments such as Alserkal Avenue are still a rarity here, Alsaka sees more spontaneous movement happening across the city these days. “There are a lot of areas such as the wider Al Quoz area or Bur Dubai where the city is mature enough to be able to host ideas of regeneration. The cities that were created in the early 2000s during the boom time such as the Freezones happened in a hurry and now there is a lot of initiative to re-look at these sections and conditions and re-evaluate them again.” Freezones provide great business conditions for all types of industries but they do not grow spontaneously. “The difference lies between creating a culture district or letting one happen. You can support local businesses such as did Alserkal Avenue, through which you will allow for cultural growth,” Alsaka says. The architect is optimistic that once people see the value of what impact four small warehouses can have, this could have a ripple effect on other projects. “The opportunities for re-thinking areas in Dubai are huge,” he says, adding that rehabilitation projects are not just important for Dubai, but for everywhere in the world. Once completed later this year, Alserkal Avenue will be OMA’s first built project in Dubai. The firm has been active in the Gulf region since 2003 but had shifted its focus to Qatar after the property crisis of 2008. “We do see a lot of opportunities arising in the region, especially in places such as the Gulf, North Africa, Iran and India,” says Alsaka. Currently OMA is working on projects in Iran, Egypt, Qatar Kuwait and Dubai.

Iyad Alsaka

Joined OMA as a Director in 2007 and became Partner in 2011. Responsible for OMA’s work in the Middle East and Africa, Iyad has led projects including the acclaimed masterplan for Waterfront City in Dubai, the HAI Airport City masterplan in Doha, and Concrete in Alserkal Avenue, a new public venue for Dubai’s cultural district. Before joining OMA, Iyad was Director of Design and Development at Dubai Holding where he was responsible for numerous projects. Born in 1969 in Syria, Iyad holds a degree in Architectural Engineering from the University of Aleppo.

152

INTERNATIONAL PROPERTY

ARCHITECTURE Marina Bay Sands, Singapore

Marina Bay Sands Singapore

Architects: Safdie Architects Location: Singapore Project Director: Moshe Safdie Executive Architects: Aedas, Pte, Ltd. Structural Engineering: Arup Area: 154,938 m2 Project Year: 2010

Located along the Marina Bay waterfront, Marina Bay Sands features three cascading hotel towers topped by an extraordinary sky park, â&#x20AC;&#x2DC;floatingâ&#x20AC;&#x2122; crystal pavilions, a lotus-inspired Museum, retail stores featuring cutting-edge labels and international luxury

brands, trendy Celebrity Chef restaurants, endless entertainment at the theatres, the hottest night clubs and a Las Vegas-style casino. Business visitors will also enjoy the extensive Meetings, Incentives, Conventions and Exhibitions (MICE) facilities featuring state-of-

the-art technology, highly flexible exhibition halls, and a convention centre that can host over 45,000 delegates. Marina Bay Sands seamlessly combines business and leisure into a singular destination unlike any other.

Moshe Safdie, CC, FAIA

(born July 14, 1938) is an Israeli/Canadian/American architect, urban designer, educator, theorist, and author. He is most identified with Habitat 67, which paved the way for his international career. INTERNATIONAL PROPERTY

153

Heydar Aliyev Center / Zaha Hadid Architects

ARCHITECTURE

Heydar Aliyev Center Baku, Azerbaijan

Client:The Republic of Azerbaijan Architects: Zaha Hadid Architects Design: Zaha Hadid, Patrik Schumacher Project Designer and Architect: Saffet Kaya Bekiroglu Area: 101,801m2 Project Year: 2013 Photographs: Iwan Baan, Hufton+Crow

Zaha Hadid Architects was appointed as design architects of the Heydar Aliyev Center following a competition in 2007. The Center, designed to become the primary building for the nation’s cultural programs, breaks from the rigid and often monumental Soviet architecture that is so prevalent in Baku, aspiring instead to express the sensibilities of Azeri culture and the optimism of a nation that looks to the future.

154

INTERNATIONAL PROPERTY

The design of the Heydar Aliyev Center establishes a continuous, fluid relationship between its surrounding plaza and the building’s interior. The plaza, as the ground surface is accessible to all as part of Baku’s urban fabric, rises to envelop an equally public interior space and define a sequence of event spaces dedicated to the collective celebration of contemporary and traditional Azeri culture.

“As part of the former Soviet Union, the urbanism and architecture of Baku, the capital of Azerbaijan on the Western coast of Caspian Sea, was heavily influenced by the planning of that era. Since its independence in 1991, Azerbaijan has invested heavily in modernising and developing Baku’s infrastructure and architecture, departing from its legacy of normative Soviet Modernism.”

ARCHITECTURE

Fluidity in architecture is not new to this region. In historical Islamic architecture, rows, grids, or sequences of columns flow to infinity like trees in a forest, establishing non-hierarchical space. Continuous calligraphic and ornamental patterns flow from carpets to walls, walls to ceilings, ceilings to domes, establishing seamless relationships and blurring distinctions between architectural elements and the ground they inhabit. Our intention was to relate to that historical understanding of architecture, not through the use of mimicry or a limiting adherence to the iconography of the past, but rather by developing a firmly contemporary interpretation, reflecting a more nuanced understanding. Responding to the topographic sheer drop that formerly split the site in two, the project introduces a precisely terraced landscape that establishes alternative connections and routes between public plaza, building, and underground parking. This solution avoids additional excavation and landfill, and successfully converts an initial disadvantage of the site into a key design feature.

Zaha Hadid, founder of Zaha

Hadid Architects, was awarded the Pritzker Architecture Prize in 2004 and is internationally known for her built, theoretical and academic work. Each of her projects builds on over thirty years of exploration and research in the interrelated fields of urbanism, architecture and design. Hadid founded Zaha Hadid Architects (ZHA) in 1979 and completed their first building, the Vitra Fire Station in Germany in 1993. Hadid taught at the AA School until 1987 and held numerous chairs and guest professorships at universities around the world including Columbia, Harvard, Yale and the University of Applied Arts in Vienna.

INTERNATIONAL PROPERTY

155

Heydar Aliyev Center / Zaha Hadid Architects

Elaborate formations such as undulations, bifurcations, folds, and inflections modify this plaza surface into an architectural landscape that performs a multitude of functions: welcoming, embracing, and directing visitors through different levels of the interior. With this gesture, the building blurs the conventional differentiation between architectural object and urban landscape, building envelope and urban plaza, figure and ground, interior and exterior.

Emporia / Wingårdh Arkitektkontor

ARCHITECTURE

Emporia Malmö, Sweden

“Emporia is first and foremost an urban planning project in which offices, housing, and retail come together in a mixeduse development along Boulevarden and Stationsgatan in Hyllie, on the south side of Malmö. The main idea of our winning competition entry was to hide inward-looking retail behind a wreath of residential and commercial buildings. The whole shopping complex would thereby eventually become integrated into the fabric of the city.”

Architects: Wingårdh Arkitektkontor Architect in Charge: Gert Wingårdh, Johan Eklind, Joakim Lyth Graphic Design: Jennie Stolpe Interior Architect: Helena Toresson Area: 27,000 m2 Project Year: 2012 Photographs: Tord-Rikard Söderström

It is a huge development, of which only the corner building with the Amber Entrance has yet been completed. This entrance will be the only part of the Emporia shopping center that remains visible when the development is completely built out. The idea of lining the streets with mixed-use buildings demanded a strong form that could attract visitors from Station Square to come in and shop. A sequence of vaults from a previous competition proposal, along with a memory from the Pantheon, reemerged in a bronze-ochre tone. Double-bent glass encloses the diagonal slit that cuts through the building.

156

INTERNATIONAL PROPERTY

Here the weather of the Öresund Strait, its fast-moving clouds chasing glimpses of sun, becomes present and tangible. The diagonal entrance from Hyllie Station Square leads deep into the block. Inside, retail is organized around a three-storey figure “eight”. Shops are grouped together around boldly colored atriums, each with a different theme. On the north side of the complex, a ramp leads into a rainbow-colored parking garage (for 2500 cars) with direct access to the figure eight. To the east is a surface parking lot (for 500) right outside the supermarket.

ARCHITECTURE

Emporia’s interior challenges established shopping center conventions. Its bold colors and bent sightlines break with the norm, as do the project’s size and ambition – which have made it possible to do custom designs for everything from ceilings, floors, and storefronts to signage, ropes of hanging plants, furniture, and cast glass door handles.

Our motto has been “no intermediate scale” – because that is the realm of the products on display. Large-scale patterns and intricate details characterize the interior. The terrazzo floor is typical of this approach, with its oversized triangular joint pattern, its gradual shift from white to graphite in seven steps, and its flashing inclusions of colored mirror glass. The design has been wrought with extraordinary attention to detail, down to the leather-wrapped handrails and the color of the stitching on the built-in seating.

Emporia / Wingårdh Arkitektkontor

The rooftop park is designed as a bit of cultivated nature. Its vegetation (sedum, prairie grass, and trees) and its sun-facing, wind-sheltered patios are accessible from both inside and outside the building. The hills that provide protection from the wind are actually hiding mechanical rooms. (In the future the roof will be developed with outdoor dining and a spa facility – like amusement parks, shopping centers need to offer new attractions at regular intervals). Emporia can expand upward and to the west, but not in any of the other directions. The freestanding residential buildings facing Boulevarden are yet to be built, as do those that will stand atop the podium along Stationsgatan on the south side.

Emporia also includes a quantity of art seldom seen in a commercial environment. A lighting installation (ninety-nine bollards) by Petteri Nisunen and Tommi Grönlund lifts the Amber Entrance, bronze sculptures by Joep van Lieshout and a glass art piece (4 x 81 m) by Silja Rantanen adorn the Sea Entrance, and a line painting on film at an extremely outsized format (20 x 114 m) by Per Mårtensson clads the façade of the parking garage. On the interior is a series of photos by Signe Maria Andersen.

Gert Wingårdh (born 1951) is a Swedish architect whose company, Wingårdh Arkitektkontor, maintains an international practice. Wingårdh studied economics, art history and architecture in the 1970s at Gothenburg University and Chalmers University of Technology. He received his degree in architecture from Chalmers in 1975. Because of his skills, his way of constantly attracting media attention, and the many prizes he has received, he is generally considered the most renowned living Swedish architect. Wingårdh is known to pick up new trends in architecture quickly and interpret them with a personal expressive language which integrates the surrounding landscapes into his projects. INTERNATIONAL PROPERTY

157

Emerson College Los Angeles / Morphosis Architects

ARCHITECTURE

Emerson College Los Angeles, California, USA Architects: Morphosis Architects Design Director: Thom Mayne Project Principal & Manager: Kim Groves Lead Project Designer: Chandler Ahrens Project Architect: Aaron Ragan Area: 107,400 ft2 Project Year: 2014 Photographs: Iwan Baan

“Bringing student housing, instructional facilities, and administrative offices to one location, ELA condenses the diversity of a college campus into an urban site. Evoking the concentrated energy of East-coast metropolitan centers in an iconic Los Angeles setting, a rich dialogue emerges between students’ educational background and their professional futures.”

158

INTERNATIONAL PROPERTY

ARCHITECTURE

Fundamental to the Emerson Los Angeles experience, student living circumstances give structure to the overall building. Housing up to 217 students, the domestic zones frame a dynamic core dedicated to creativity, learning, and social interaction. Composed of two slender residential towers bridged by a multi-use platform, the 10-storey square frame encloses a central open volume to create a flexible outdoor “room.” A sculpted form housing classrooms and administrative offices weaves through the void, defining multi-level terraces and active interstitial spaces that foster informal social activity and creative cross-pollination. Looking out onto the multi-level terrace, exterior corridors to student suites and common rooms are shaded by an undulating, textured metal scrim, spanning the full height of the towers’ interior face.

Defining the building’s façades to the East and West, the residential towers feature an active exterior skin. Responding to local weather conditions, the automated sunshade system opens and closes horizontal fins outside the high-performance glass curtain-wall to minimize heat gain while maximizing daylight and views. Further green initiatives include the use of recycled and rapidly renewable building materials, installation of efficient fixtures to reduce water use by 40%, energy savings in heating and cooling through a passive valence system, and a building management and commissioning infrastructure to monitor and optimize efficiency of all systems.

Mayne, Livio Santini, James Stafford and Michael Brickler founded Morphosis in 1972. The firm has grown into a prominent design practice, with completed projects worldwide. Under the Design Excellence Program of the United States government’s General Service Administration, Thom Mayne has become a primary architect for federal projects. The work of Morphosis has a layered quality. Visually, the firm’s architecture includes sculptural forms. In recent years, such visual effect has been made possible increasingly through computer design techniques, which simplify the construction of complex forms.

Looking to the local context, the center finds a provocative precedent in the interiority of Hollywood film studios, where outwardly regular facades house flexible, fantastical spaces within. With rigging for screens, media connections, sound, and lighting incorporated into the framework, the upper platform serves as a flexible armature for outdoor performances, transforming the undulating scrim into a dynamic visual backdrop. The entire building becomes a stage set for student films, screenings, and industry events, with the Hollywood sign, the city of Los Angeles, and the Pacific Ocean in the distance providing added scenery. Anticipated to achieve a LEED Gold rating, the new center champions Emerson’s commitment to both sustainable design and community responsibility.

INTERNATIONAL PROPERTY

159

Emerson College Los Angeles / Morphosis Architects

Thom Mayne (born 1944), an American architect. He studied architecture at the University of Southern California (1968)and at the Harvard University Graduate School of Design in 1978.

DEVELOPMENT UAE, Dubai â&#x20AC;&#x201C; The Sparkle Towers

THE SPARKLE TOWERS

At Sparkle Towers, you have the opportunity to live, dine, shop, exercise and relax within the premises of a hand-crafted, luxury experience. Make every moment of your life count by making your choice a crystal clear one to a fine-tuned standard of life.

160

INTERNATIONAL PROPERTY

DEVELOPMENT UAE, Dubai – The Sparkle Towers

‘‘IT’S A WAY OF LIFE’’

Whether it is the panoramic water view or the exclusive lifestyle surroundings of Sparkle Towers, you are guaranteed an experience unlike any other. At Sparkle Towers, we pride ourselves for providing you with the lifestyle that you deserve; a lifestyle beating from the heart of Dubai Marina, one of the concrete wonders of Dubai. Experiencing Sparkle Towers will excite all your senses, and ensure that not a dull moment passes by.

GLIMPSE INTO YOUR FUTURE

To achieve this, we partnered with Swarovski, one of the leading luxury brands in the world of interiors and lighting. The Sparkle Towers, adorned with premium decorative lighting and lighting solutions and branded “Space Marveled by SWAROVSKI®”, will be a real masterpiece. It is composed of two interconnected residential towers with 29 and 14 floors respectively, and also features street and waterfront retails stores. You are invited to discover your luxurious future home among the selection of studio, one- , two- or three bedroom apartments and penthouse apartments. Grandeur is embodied in Sparkle Towers that gleam with crystal interiors and exteriors as they stand majestically on the Dubai Marina waterfront. Boasting breath-taking views of the Marina skyline and waters, find your luxurious future home in the selection of studio, one bedroom, two bedroom, three bedroom and penthouse apartments. The two towers are Ground+29 and Ground+14 connected to a Ground+4 podium and three basement parking spaces, making your choice of view and perspective spectacular at every level. In addition, several retail spaces facing the waterfront and the main road will offer a selection of retail outlets to serve the residents of Sparkle Towers.

INTERNATIONAL PROPERTY

161

UAE, Dubai â&#x20AC;&#x201C; The Sparkle Towers

DEVELOPMENT

A STRESS-FREE PURCHASE

At Sparkle Towers, we worked through all the details of making the investment worth the money to making it an easy, stress free purchase as well. We want your every dream to become a reality with Sparkle Towers, giving attractive prices, and easy to handle mortgage finance offered by Emirates Islamic Bank. Because Sparkle Towers is approved by the Land Department to sell the project, and has an Escrow account to ensure that your money will be spent solely on building the project, you have nothing to worry about when you purchase a unit at Sparkle Towers. If you plan to buy your property as an investment, Sparkle Towers has partnered with RichVille Real Estate to offer VIP Property Services, regardless of your requirements. Their services include leasing and supervising your property, furnishing your property and offering it for short-term rental, or in case you decide to sell your property, assisting you in re-selling the property at the best market price.

162

INTERNATIONAL PROPERTY

DEVELOPMENT UAE, Dubai – The Sparkle Towers

SPACE MARVELED BY SWAROVSKI Swarovski crystals have always been the pure definition of elegance and beauty. By adorning Sparkle Towers with Swarovski, we have turned our space into a marvellous crystal wonderland. Associating our brand with one of the leading luxury brands in the world of interiors and lighting enables us to offer the residents of Sparkle Towers an unmatched opportunity to ensure that Sparkle Towers stands out in a city where uniqueness is the norm. When light bounces off any one of the Swarovski crystals at Sparkle Towers, the sparkle it creates is a real testament to the inimitable high quality and luxury standards that cannot be exceeded.

THE LEADERS IN CRYSTAL Founded in 1895, the city of Wattens, Austria, Swarovski designs, manufactures, and markets high-quality crystals, genuine gemstones and created stones, and finished products such as jewellery, accessories, and lighting. Swarovski delivers a diverse portfolio of unmatched quality, craftsmanship, and creativity that goes beyond the manufacturing of crystal. Still family owned and run, Swarovski is now the world leader in cut crystal and fashion jewellery, as well as lighting, architecture and interiors.

A SPARKLING VISION Cutting crystal to perfection is coded in the DNA of Swarovski. Every lighting element is the result of marketleading, one-of-a kind engineering and skillful handwork. Making the world of difference, this unmistakable quality is reflected in Swarovski’s multiple lighting and architectural divisions. In recent years, Swarovski’s specialists have gathered an impressive portfolio of international projects and have already added style and brilliance to hotel suites and lobbies, leisure establishments, restaurants, luxury residences and even luxury cruise ships and yachts around the world.

Project Advisors RichVille Real Estate Tariq Ramadan Managing Director tariq@richville.ae www.sparkletowers.ae +9714 228 2565 505, MM Tower, Maktoum Street | DUBAI | UAE

INTERNATIONAL PROPERTY

163

UAE, Dubai â&#x20AC;&#x201C; The Sparkle Towers

DEVELOPMENT

INTERIORS & FINISHES

We believe that fine decisions of luxury need to be made to the very last detail, and that elegance is a lifestyle choice reserved to those with unique taste and the understanding for the finer things in life. We made sure that owning a Sparkle Towers apartment is about making that choice. From the moment you step into the luxurious lobby, dotted with glittering lights and breathtaking extravagance, you will instantly know that at Sparkle Towers, we ensure the echo of elegance is in every corner and finishing touch. Adorned with marble entrances and alternating ceramic tiles for every apartment, Sparkle Towers dots on luxury for your every need. Crystal encrusted window panes, double glazed windows and sparkling exterior lights make the view equally enjoyable on either side of the window. Stylish bathrooms, with state-of-the-art European branded sanitaryware and fixtures, acknowledge that refinement has no end. Each bedroom comes with an en-suite bathroom that caters to your needs. Find your passion on the granite countertops and most modern and branded built-in stainless steel appliances in a homely yet lavish kitchen, the heart of every home. Because we know that luxury living comes with a standard of dressing to impress, we have custom built each bedroom to include a built-in wardrobe to encompass your wide fashion sense. At Sparkle Towers there is a place for everyone with each two and three bedroom unit coming with a specially designed nanny room.

164

INTERNATIONAL PROPERTY

DEVELOPMENT Dubai The Sparkle Towers UAE,UAE, Dubai – The– Sparkle Towers

LOCATION: DUBAI

If cities were crystals, there would be no doubt that Dubai is the most elegant of all. Situated in the center of the world, this city has thrived on breaking records and building spectacular global wonders and a solid infrastructure that makes every day in Dubai a unique experience. Dubai has been voted the host city for the World Expo 2020, directing the spotlight once more towards the worldleading metropolis. The city’s skyline, which encompasses the world’s tallest skyscraper, glistens in the spotlight, emphasizing the grandeur of its bustling lifestyle. In a place where possibility knows no limits, Dubai brings together the safety of a family home, with leading educational and health facilities, and the excitement of a tourist lifestyle, with a pulsating nightlife and a shopping paradise. We knew that accessibility is key when choosing the location for your future home, so we hand you that key on a gold-plated luxury. When we chose the location for Sparkle Towers, we made sure that your neighbourhood would provide you with everything you need.

The bustle of the Marina Walk, a 7-kilometer pedestrian promenade with an array of restaurant and entertainment choices, is directly accessible. The splendid sandy beaches of the Jumeirah Beach Residence are a mere 5-minute walk from the tower, making every day a day for the beach. The fabulous JBR Walk is practically in your backyard, being only a two minute walk away from the towers. Being within a ten-minute driving distance from major attractions such as Emirates Mall, Ibn Battuta Mall, Burj Al Arab and Madinat Jumeirah ensures that all your lifestyle, shopping and every day needs are met. For shopping closer to home, the Marina Mall is only a two-minute drive. For days you would like to sit back and discover the city, the Dubai Metro, which is easily accessed through the Marina Tram, is a viable option for transportation. Being only 30 minutes away from Dubai International Airport and 15 minutes away from Al Maktoum International Airport, your gateways to the rest of the world, Sparkle Towers is situated amidst the buzzing excitement of Dubai.

INTERNATIONAL PROPERTY

165

INTERNATIONAL

REAL ESTATE EXHIBITIONS 2017 / 2018 EXHIBITION CALENDAR Shanghai Overseas Property - Immigration - Investment

Shanghai International Convention Center

Stockholm Mässvägen 1, Alvsjo

Brussels Brussels Expo

Riyadh

Riyadh International Convention & Exhibition Center INTERNATIONAL PROPERTY SHOW

2017

KYIV

Hilton Kyiv

The Property Investor Entrance, East entrance, Prince Regent DLR

Utrecht

Jaarbeurs Urtrecht

Gothenburg

Svenska Mässan (The Swedish Fair) Moscow Overseas Property & Investment Show

Moscow

Tishinka Exhibition Centre

Malmö

MalmöMässan

Cannes International Expo

Emigration & Luxury Property

U OVERSEAS PROPERTY EXPO Moscow International

Property Show

166

INTERNATIONAL PROPERTY

Cannes

Palais des Festivals et des Congres

Baku

Hilton Hotels & Resorts

Moscow

Tishinskaya sq , 1 , Building 1

INTERNATIONAL

REAL ESTATE EXHIBITIONS 2017 / 2018 EXHIBITION CALENDAR Helsinki Wanha Satama

I N T E R N AT I O N A L P R O P E R T Y E X P O 2 0 1 7

Kazakhstan Ritz Cralton Hotel

Dubai

Dubai World Trade Center

LPS

Shanghai

Marriot Shanghai City Center

Ghent

Flanders Expo Exhibition Centre

KSA

Jeddah Centre For Forums & Events

Istanbul

Istanbul Congress Center

Utrecht

Jaarbuers Utrecht

Cairo

Cairo International Convention Center

Doha

Doha Exhibition and Convention Center

Abu Dhabi

Abu Dhabi National Exhibition Centre

Moscow International Expo

Emigration & Luxury Property

Moscow

InterContinental Moscow Tverskaya

Antwerp

Antwerp Expo Exhibition Centre

INTERNATIONAL PROPERTY

167

Hilton Double Tree, Piyalepasa, Istanbul

INTERIOR

Hilton DoubleTree Piyalepasa, Istanbul, Turkey

A classy and modern business hotel with 204 rooms including flexible conference areas, exclusive spa and stylish terrace bar. Each part of the project holds a specific and intriguing identity, while still recognizably part of the same visual melody.

168

INTERNATIONAL PROPERTY

INTERIOR Hilton Double Tree, Piyalepasa, Istanbul

The

atrium is the core of the project, both physically and conceptually. The geometrical and living façades of the space inspire the unique narrative which continues through the rest of the hotel.

The main concept of the hotel was to design modern, elegant and exciting spaces. Therefore each area is designed to be one of a kind. The lobby welcomes you with an attractive atrium that continues upward centrally along 6 floors. Room doors face the main corridors that are surrounded by a geometric metal mesh façade that gives a different experience to guests on each floor. Two ends of the lobby are covered with geometrical bronze sculptures along with smooth vertical gardens. Furniture and lighting choices along with the different textile usage bring a warm and elegant atmosphere to the main space. The conference floor is a continuation of the lobby concept, yet guests experience an even more tranquil atmosphere on this floor. With a stylish reception and flexible meeting rooms with high tech facilities, the conference floor aims to fulfill the high demand of conference/ball rooms in İstanbul. The roof floor includes 4 exclusive suites with living rooms and private terraces and an attractive roof top bar. The concept of this floor is not as aggressive as the lobby, but still includes similar elements that fit the atmosphere. The spa floor presents a totally fresh experience. On this floor, similar geometries with softer materials and colors are used to create a more relaxing and elite environment.

INTERNATIONAL PROPERTY

169

18th-Century Farmhouse in New York’s Hudson Valley

INTERIOR

Elegant 18th-century Farmhouse in New Yorks, Hudson Valley The proliferation of midcentury masterworks in Bernd Goeckler’s New York City shop testifies to the German-born antiquaire’s romance with classic modernism. Among the objects of his affection are André Sornay desks studded with nailheads, Paolo Buffa chairs with walnut frames as sinuous as streams of molasses, and Axel Salto ceramic vessels knobbed like hand grenades. But when it comes to houses, the dealer is smitten with design of considerably older vintage.

Living in Basel, Switzerland, in the 1970s and 80s, Goeckler occupied a couple of 17th-century townhouses. Weekends were spent at a Renaissance-era château in the FrancheComté region along the French-Swiss border, an area aptly described as “the Hamptons of Switzerland” by Goeckler’s life partner, Carl D’Aquino, a principal in the Manhattan design firm D’Aquino Monaco. Several years ago the two men began searching for a stateside property that would be a respite from the hurly-burly of New York City, a place where they could tempt weekend guests with homemade goulash

170

INTERNATIONAL PROPERTY

and foie-gras terrine and Goeckler’s imagination drifted to centuries past. “Bernd wanted a Colonial house, something that spoke of America’s roots,” says D’Aquino, noting his own preference for more modern settings, such as the couple’s luminous Greenwich Village loft (Architectural Digest, April 2011). “After much discussion and investigation, I acquiesced. I realized that age and style mattered less than simply finding a beautiful place for us to enjoy.”

Bernd Goeckler

INTERIOR 18th-Century Farmhouse in New York’s Hudson Valley

Fitting the bill was an Arcadian 20-acre spread in New York’s Hudson River Valley, with well-wooded grounds that have been enhanced by an opulent boxwood parterre foaming with white hydrangeas and a Monticello-style kitchen garden where tomatoes and zucchini flourish in raised beds. The circa-1750 redbrick house, set on a hilltop, looks as if it were plucked out of a folk-art painting – so much so that one half expects to see a milkmaid strolling to the barn out back. The pre-Revolutionary ambience dissipates, however, once the pollen-yellow front door swings open to reveal an unlikely miscellany: A 19th-century Austrian beaded chandelier shaped like a clump of mistletoe (it is one of several in the house) dangles in the entrance hall, near a brawny 1951 Edoardo Alfieri terra-cotta relief that once graced an Italian ocean liner and a cheerful Régence commode painted the color of a ripe mango. “I didn’t want typical historic American interiors,” says D’Aquino, who collaborated with his professional partner, architect Francine Monaco, to renovate the structure. Monaco had visited the former gentleman’s farm for the first time shortly before her friends purchased it. “Though the house wasn’t in great shape, it was perfect,” she remembers. “It had a majesty about it that really fit Bernd.” Its drawbacks were quickly righted: Crumbling bricks were replaced, and Monaco re-created missing crown moldings from surviving architectural details. State-of-the-art mechanical systems, among them geothermal heating and cooling, were installed. Topping it all off is a spacious new eat-in kitchen splashed with green Moroccan tile, in the rear wing of the L-shaped structure. The finished interiors are positively exhilarating. A prime example is the living room, where the couple daringly planted a circa-1970 Angelo Mangiarotti pedestal table at the center of the room and then ringed it with Swedish neoclassical chairs. That surprising betrothal of styles opened

the mix-master floodgates. In came fringed ’30s-meetsVictorian canapés once owned by the design diva Madeleine Castaing, Art Moderne chauffeuses perched on corkscrew legs and upholstered in saffron velvet, bronze sconces by Belle Epoque grandee François Linke, and antique scenic wallpaper that depicts the Montgolfier brothers’ 1783 hot-air balloon trial. The Gustavian sofa that stretches along one wall of the space dates from the 18th century—at least partly. “When I bought it in Stockholm, it was almost a foot narrower,” Goeckler reveals. “But I know a wonderful wood-carver and had him make deeper sides so you can really take a nap on it.” Belting the red-and-gray dining room is a patchwork wainscot made of hand-painted embossed leather scraps from one of decorator and set designer Emilio Carcano’s grand-ducal schemes for ballet star Rudolf Nureyev. “Bernd kept presenting things to me and saying, ‘How can you make this work?’” Monaco recalls with a laugh. Perhaps the most unexpected relics are nested in the library: oak built-ins from an Art Nouveau room, including seating and bookshelves created by artists Paul Jouve and Eugène Grasset inset with golden plaques by ceramist Alexandre Bigot. The moody cabinetry’s intersection with its Colonial surroundings feels a bit like Sarah Bernhardt, siren of the Seine, seducing Thomas Jefferson. While the decor might be too eclectic for timid folks, “it fits together in a timeless way,” D’Aquino says. “Scale is the essence of design. If the living room chandelier were any smaller, for instance, it wouldn’t work.” Goeckler seconds the notion, adding that the playful ensembles of furnishings so widely varied in period and style lend the house an open, welcoming attitude: “Sometimes I walk into the living room and wonder, Oh, are we having a party?”

INTERNATIONAL PROPERTY

171

Develi Restaurant, Istanbul, Turkey

INTERIOR

Develi Restaurant A new modern corporate identity for one of the oldest restaurants in Turkey

Develi has been serving delicious Turkish cuisine since 1912. The main goal of this new design was to recreate the legacy of the well-known “Develi” in its new location, Nişantaşı. The location is one of the most popular and fancy districts in İstanbul that attracts the attention of both tourists and locals. The concept was to design a fresh, modern and exciting environment for existing and new costumers of the business. The semi-open entrance area and the closed interior space are connected to each other by using decorative folding screens. Open screens create a more spacious environment and widens the perspective of the guests. Using marble mosaic tiles on the floor and the usage of vertical gardens make the space more welcoming. Furniture and lighting choices along with the bronze metal details bring a warm and elegant atmosphere. Exposed ceilings are covered with suspended metal panels with different heights and sizes, along with bronze mirrors and space-defining lighting fixtures. Hand painted column and bar decors brought a vintage look. With the combination of every detail and material with the warm history of “Develi” name, each guest is experiencing a completely different, individual and unique way of dining.

172

INTERNATIONAL PROPERTY

INTERIOR Develi Restaurant, Istanbul, Turkey

â&#x20AC;&#x153;We managed to create an attractive and outstanding design with the unity of each element we used. Bringing out the uniqueness of the space with contrasting materials and unexpected details was our favorite part.â&#x20AC;?

INTERNATIONAL PROPERTY

173

INTERIOR

Caroline Place

Client: Private Architect: Amin Taha Architects Stonework: Ateliers Romeo Contractor: London Basements Photography: Timothy Soar

Webb Yates Engineers was responsible for the complete refurbishment of this fourstorey residential townhouse in Bayswater, Central London; all the floors and roof were replaced and a basement was added, extending across the full site. A solid stone feature staircase spiralling from the basement to the third floor with a tensioned brass bar balustrade completed the sleek new interiors. The basement was underpinned directly below the existing party walls while the masonry front and rear facades were carefully held in place above. Much of the temporary works was coordinated with the permanent works to either be reused or cast in, simplifying the construction sequence and allowing work to proceed on

multiple levels of the building. The concrete soffit of the ground floor that formed the basement box was left exposed and scabbled back to leave a textured finish, mirrored by the rough soffit of the staircase. The staircase is Italian travertine limestone and springs from steel beams on the landings to a blockwork wall along the side of the property. The winding sections are reinforced with steel dowels to allow the individual treads to span the small gap, and the straighter sections are unreinforced stone treads. The balustrade guard mesh is made from brass bars tensioned from the basement all the way to the roof and crossing spirals of bars mirroring the staircase form a stiff mesh.

Awards: NLA Awards 2017, Shortlisted, Jun 2017 174

INTERNATIONAL PROPERTY

Barretts Grove Client: Ecore Construction Ltd Architect: Amin Taha Architects Photography: Agnese Sanvito

This new residential building is slotted into a Victorian terrace in Stoke Newington. It takes the form of six storeys of flats above ground, as well as a single storey basement flat with lightwells to the front and rear. The three main structural materials used are left exposed to striking effect; the masonry exterior cladding, the interior crosslaminated timber (CLT) panels and the reinforced concrete slabs in the basement. The architectâ&#x20AC;&#x2122;s scheme was to create a building with simple but creative materiality. For this reason, the structural materials were selected to facilitate their being exposed. The basement box was reinforced concrete to form a solid foundation for the building and then CLT was selected to enable a fast

construction programme for the superstructure. With the masonry used as cladding and loadbearing walls in the basement, insulation could be wrapped around the structure and hidden, leaving the structure exposed inside. This project required a comprehensive understanding of the different materials involved, and their structural properties as well as careful detailing in order to leave many of the loadbearing elements exposed. The concrete basement provides both a solid foundation for the building and retains the various levels of the ground on all sides. It was constructed in two levels of underpins of various shapes and sizes to fit with the internal layout and the structure above.

INTERIOR The ground floor thickness was kept to a minimum by using the internal masonry walls as loadbearing structure, and its soffit was cast flat and smooth in order to leave it exposed. The superstructure is six storeys of loadbearing CLT spanning up to 6 m with various voids for the stair and services. The roof is also solid CLT panels, carefully balanced against each other to form the open loft space. Cladding all of this is a staggered masonry façade that is decoupled from the rest of the building to allow it to expand and contract separately. The staggered masonry was set to reduce the weight of the façade as much as possible while still keeping enough area in contact to transfer the loads down to the ground. Each of these materials serves a different purpose; acting and moving in their own way but with careful detailing, together they form the seamless combination of structural form and architectural vision.

AWARDS: 1. Building Awards 2017, Small Project of the Year, Shortlisted, Jul 2017 2. Brick Awards 2017, Shortlisted, Jul 2017 3. RIBA Stirling Prize 2017, Shortlisted, Jul 2017 4. Structural Timber Awards 2017, Private Housing Project of The Year, Shortlisted, Jul 2017 5. RIBA National Awards 2017, Winner, Jun 2017 6. NLA Awards 2017, Commendation, Jun 2017 7. RIBA London Awards 2017, Winner, May 2017 8. Hackney Design Awards 2016, Winner, Nov 2016

Elvaston Place

Client: Private Architect: Michaelis Boyd Fabricator: Diapo UK Photography: Agnese Sanvito

Inspired by ‘Staircase III’ by Do-Ho Suh, a recent installation at Tate Modern, this staircase hangs from the ceiling to create a striking architectural form. The large seamless perforated balustrade panels suspend the stairs above the floor to give a porosity and transparency to the design. The stair flights and balustrade panels are formed from 5mm steel plates which were powdercoated to give the distinctive colour, and form a durable wearing surface. Lateral loads on the balustrade are resisted by a combination of plate bending and membrane action generated by tension forces in the hanger panels. INTERNATIONAL PROPERTY

175

INTERIOR

Bermondsey Street Client: Private Architect: Hampson Williams Photography: Agnese Sanvito

Refurbishment of an existing commercial property on Bermondsey Street. The existing building was modified and extended. Cross laminated timber panels were used as a lightweight solution to create additional space above and behind the existing property. The upper storeys house live/work units and commercial space is located below.

AWARDS: 1. RICS London Awards 2017, Highly Commended, May 2017 2. RIBA London Awards 2017, Shortlisted, Apr 2017 3. RIBA London Awards 2016, Shortlisted, Mar 2016

Midden Studio Client: Private Architect: Studio Weave Photography: Johnny Barrington

Midden Studio is an artistâ&#x20AC;&#x2122;s studio located on the picturesque and windswept Kintyre coast. Due to its location, the studio was designed to withstand extreme weather conditions including very high wind and snow loads. The building sits on top of a Victorian midden wall (formerly the depository for dung from the nearby stables) with the new structure formed entirely from timber. 176

INTERNATIONAL PROPERTY

AWARDS: 1. Structural Awards 2016, Small Projects, Shortlisted, Jul 2016 2. RIAS/RIBA Awards 2016, Shortlisted, Apr 2016

Both the walls and the roof are formed from stressed skin panels, enabling the corner of the building to cantilever over the stream which runs across the property without using any structural steel members. A window in the underside of the cantilever also allows the artist to peer down to the flowing water below. The dimensions of the building were dictated by the geometry of the zinc cladding panels and it is this level of attention to detail throughout the building, both structurally and architecturally, that has created a beautiful building that nestles into its environment.

INDIVIDUAL

PROPERTY FOCUS

INTERNATIONAL PROPERTY

177

INDIVIDUAL PROPERTY FOCUS

THE IVORY HOUSE - EAST SMITHFIELD - E1W

Ref: TOW160203

ÂŁ3,950,000

The true meaning of warehouse and waterside living

The picturesque Ivory House is steeped in industrial history which becomes abundantly clear when entering the apartment through the retention of features such as the original stone flooring, vaulted ceilings and steel joists. Sympathetic redevelopment has created a harmony between this history and modern internal fittings. Measuring 2250 sq ft. the apartment offers four generously proportioned double bedrooms, two of which incorporate en suite bathrooms and an additional family bathroom can be found off the hallway. A fully integrated Gaggenau kitchen couples onto a delightful patio space which can also be accessed from the fourth bedroom. The jewel in the apartmentâ&#x20AC;&#x2122;s crown is its extensive reception room with double-height, vaulted ceilings. From here one can take in the views across the docks and through to the River Thames. Ascending the spiral staircase leads to a study area and two separate roof terraces with an equally impressive outlook. St. Katharine Docks has become a hive of activity in recent years with many new restaurants, wine bars and coffee shops coming to the area, offering residents numerous entertainment options. The neighbouring plaza of Thomas More Square also provides a number of additional amenities. Tower Hill (District and Circle) and Aldgate East (District and Hammersmith & City) are a short walk from Ivory House, allowing a favourable commute into the City and across London.

www.cluttons.com 178

INTERNATIONAL PROPERTY

Key features:

Flat/Apartment Penthouse Concierge/Hotel Warehouse Conversion Water Views Unique Property Roof Terrace Juliette Balcony Off Street Parking

Contact Details: Email: info@cluttons.com Tel: +44 (0) 020 3813 9191

INDIVIDUAL PROPERTY FOCUS

PROVIDENCE TOWER - BERMONDSEY WALL WEST - SE16

Ref: TOW160157

ÂŁ4,500,000

A stunning riverside duplex penthouse apartment

The penthouse is arranged over two floors with the lower floor hosting three bedrooms, with a huge open-plan living area on the upper floor. The master bedroom benefits from a riverside balcony as well as a dressing area, en-suite bathroom and seating area to take in the views. The two other bedrooms are both doubles with en suite bathrooms and fitted wardrobes, they also have partial river views. The entertaining area has been clearly zoned into three, incorporating a kitchen area, lounge and a study/library, at the same time retaining an open-plan feel. The views are enhanced by floor to ceiling windows throughout the apartment with the reception room benefitting from double height ceilings. There is a large riverside terrace, with exceptional views of the city. The apartment has been finished internally to an exemplary standard throughout and all the space within the apartment has been fully utilised. Providence Tower is one of Londonâ&#x20AC;&#x2122;s finest riverside penthouse apartments and benefits from 24 hr security, a communal water garden, lift access, car parking and a gymnasium. The apartment is located close to Shad Thames, bus, restaurants and shops, and Bermondsey, London Bridge and Tower Hill stations are close by.

www.cluttons.com

Key features: Flat/Apartment Penthouse Porter Water views Unique Property Communal Garden Terrace Balcony Residents Parking

Contact Details: Email: info@cluttons.com Tel: +44 (0) 020 3813 9191 INTERNATIONAL PROPERTY

179

INDIVIDUAL PROPERTY FOCUS

FRANCE

CHAMONIX - FRENCH ALPS

Ref: INT160051

ÂŁ6,300,000

Exceptional new chalet in the heart of the Chamonix valley

Key features: A luxurious mountain retreat overlooking the majestic mountains of the Chamonix valley. A warm and cozy, yet contemporary family home. The brand new chalet has 6 bedrooms, open plan living and dining room, fully equipped kitchen, spa with sauna and steam room, gym, TV room, covered heated swimming pool, garage, ski and boot room. Built from the best quality natural materials using stone, wood, metal and glass. Exceptionally high specification including Miele kitchen, marble bathrooms, and designer finishes. Home automation system, alarm and video surveillance. Cross country ski paths run below the chalet and the chalet is ski in off-piste from Les Grands Montets. Located in the hamlet of Le Lavancher, between Chamonix town and Les Grands Montets ski station. Chamonix-Mont-Blanc is world famous for skiing in winter, and its breath-taking panoramas for hiking and cycling in summer, a year round destination with shops, restaurants, bars, and an 18 hole golf course.

www.cluttons.com 180

INTERNATIONAL PROPERTY

House Detached New Unique Property Country Home Garden Terrace Off Street Parking Garage Double Garage

Contact Details: Email: info@cluttons.com Tel: +44 (0) 020 3813 9191

INDIVIDUAL PROPERTY FOCUS

SPAIN

ESTEPONA

Ref: INT-C-VIL257

€2,450,000

El Paraiso is, as the Spanish name suggests, a paradise.

Key features: One of the Coasts established prestigious urbanisations, this community is made up of villas and flats and enjoys a peaceful setting, which is preserved by strict rules governing the type of development that can take place within its borders. This spacious ‘cortijo style’ villa is set on a prime location with commanding panoramic views of the surrounds and sea views all the way out to Gibraltar. The property is set on 2050 meters of land and built size is over 1000 m2. It offers a large kitchen, spacious lounge and dining room together with 5 double bedrooms and bathrooms. The master bedroom located on the upper levels enjoys a private solarium with guest quarters on the lower floor which also offer a large family room with a 2nd dining room and large pool table. A heated indoor pool, sauna and gym are also located on the lower lever. The property also comprises of large undercover parking area, well maintained garden and BBQ area and a large out door pool with built in ‘beach area’. The property would make an ideal family home which is located in a much sought after area and in tranquil surrounds with a small cul de sac. The area is established with great retail outlets and restaurants close by, easy acces to main roads giving a quick commute to Malaga or Gibraltar airport.

www.cluttons.com

Air-Conditioning Balcony Basement Close to Amenities Detached Garage Garden Panoramic Views Private Pool Sauna

Contact Details: Email: info@cluttons.com Tel: +44 (0) 020 3813 9191 INTERNATIONAL PROPERTY

181

INDIVIDUAL PROPERTY FOCUS

SPAIN

BENAHAVIS

Ref: INT170235

ÂŁ1,295,000

Cosy and classic style villa

Key features:

Cosy and classic style villa, southwest to west facing, built in 2000. Quiet and private with very nice golf and seaviews. Living/dining area with fireplace and high ceilings, fully fitted kitchen with breakfast corner, master bedroom with en-suite, two guest bedrooms with en-suite, guest toilet, office. Direct access to covered and open terraces, the garden and the private heated pool with chiringuito/open kitchen and BBQ. Lower floor: Guest or staff accomodation, laundry and 2 garages. Quiet gated urbanisation on the Ronda Road near shops and close to the beach, San Pedro town centre and Puerto Banus.

www.cluttons.com 182

INTERNATIONAL PROPERTY

House Detached Modern Unique Property Garden Patio Terrace Garage

Contact Details: Email: info@cluttons.com Tel: +44 (0) 020 3813 9191

INDIVIDUAL PROPERTY FOCUS

SPAIN

MARBELLA

Ref: INT170201

An exceptional luxury lifestyle project of 20 signature villas located in East Marbella.

â&#x201A;Ź2,300,000

Key features: 24hr Security

Close to Amenities Offering the highest standards of contemporary architectural styling available in Marbella. Six top international architects were commissioned to design the villas, each bringing a unique blend of Mediterranean influences and contemporary design aesthetics. Not only offers luxury living in an unparalleled location, it also offers buyers the added comfort of exclusive services that exceed expectations. Great care has been lavished on every detail to create a unique sophisticated 21st century Marbella development that allows its occupants to lead a refined lifestyle beyond compare.

www.cluttons.com

Garage Garden Gated Community Golf Course View Near Good Beaches Panoramic Views Prime Location Private Pool

Contact Details: Email: info@cluttons.com Tel: +44 (0) 020 3813 9191 INTERNATIONAL PROPERTY

183

INDIVIDUAL PROPERTY FOCUS

SPAIN

NEW ALOES - GIBRALTAR GX11 1AA

Ref: 598

ÂŁ10,900,000

A world class contemporary home

Key features: A world class contemporary home that showcases breathtaking views over the Gibraltar Straits towards Spain and the Rif Mountains of Africa. Set in the south district of Gibraltar, this bespoke designed house has 7 bedrooms, 6 bathrooms, premium quality kitchen and bathrooms, garage parking for 10 cars, pool, spa and a jacuzzi set amidst verdant landscaped gardens. New Aloes offers luxury, privacy and endless space. Around halfway down the length of the Gibraltarian peninsula New Aloes sits in a quiet area surrounded by greenery. Approximately 500 metres away lies Gibraltarâ&#x20AC;&#x2122;s beautiful Alameda Botanic Gardens and behind looms the 426 metre limestone monolith home the Great Siege Tunnels, St. Michaels Cave and a nature reserve. Being on the western side of the rock, New Aloes enjoys shelter and sunshine, from dawn until the moment the sun sets over the bay.

www.chestertons.gi 184

INTERNATIONAL PROPERTY

7 Bedrooms 6 Bathrooms Premium Quality Kitchen Premium Quality Bathrooms Garage Parking to Accommodate up to 12 Cars Pool Spa and Jacuzzis Set Amidst Verdant Landscaped Gardens 9,525 ft2 With 4,400 ft2 of Terraces 6,240 ft2 of Garden

Contact Details: Email: website.enquiries@chestertons.com

Tel: +44 (0) 020 3040 8240

INDIVIDUAL PROPERTY FOCUS

SPAIN

QUINTA DE SIERRA BLANCA - MARBELLA GOLDEN MILE

Ref: D397

Magnificent luxury house nestled at the foot of the majestic mountains is definitely one of the most prestigious properties on the coast

â&#x201A;Ź23,300,000

Highest quality has been used throughout; building materials, technical and communications equipment are set to redefine the standards of luxury. Elegant interior design offers classic clarity of forms with exciting modern accents, and the noble colour palette and artistic decorative elements make it exquisite. Outside area with a spacious swimming pool, outrageous water objects and mature subtropical landscaped gardens keep the same style and evoke the feeling of beauty and harmony. Key features: 24h Service Air conditioning Alarm Automatic irrigation system Cinema room Dining room Doorman Double glazing Excellent condition Game Room

www.drumelia.com

Garden view Gated community Guest room Guest toilet Gym Home automation system Marble floors Mountain view Panoramic view Pool view Private terrace

SPA Security entrance Security service 24h Separate apartment Separate dining room Storage room Video entrance Wine Cellar

Contact Details: Email: info@drumelia.com

Tel: (+34) 952 766 950

INTERNATIONAL PROPERTY

185

INDIVIDUAL PROPERTY FOCUS

SPAIN

SIERRA BLANCA - MARBELLA GOLDEN MILE

Majestic estate is situated in the heart of the well-established area

This majestic estate is situated in the heart of the well-established area known for its beauty of nature, high level of security, excellent infrastructure and proximity to the historical Old Centre of Marbella and glamorous Puerto Banus. Luxurious finishing, exclusive architectural and design solutions of the unique interiors, considering feng shui, fashionable lighting and magnificent dĂŠcor objects, latest innovative technologies and hightech equipment, modern colour palette and many other features make this villa extremely attractive for those who appreciate elegance and comfort.

www.drumelia.com 186

INTERNATIONAL PROPERTY

Contact Details: Email: info@drumelia.com

Tel: (+34) 952 766 950

INDIVIDUAL PROPERTY FOCUS

SPAIN

SIERRA BLANCA - MARBELLA GOLDEN MILE

Ref: D396

€15,900,000 It features a double height hall with double staircase, spacious living area, lounge salon, formal dining room leading to a large kitchen with breakfast area, 7 bedrooms and 7 bathrooms, dressing rooms, 1 guest toilet, private office/ study, staff apartment, wine cellar and garage. There is also a big room for home cinema, an area for gym, sauna, steam bath and jacuzzi. The outside area boasts mature landscaped gardens, superb swimming pool with solarium and water objects, terraces, special pavilion for barbecue and al fresco dining – everything is beautifully decorated in the same style and invites to enjoy happy Mediterranean way of life. Key features: 7 Beds 7 Baths 4 Toilets Pool Garage Garden Plot 5.005 m² Build 1.817 m²

www.drumelia.com

Contact Details: Email: info@drumelia.com

Tel: (+34) 952 766 950

INTERNATIONAL PROPERTY

187

INDIVIDUAL PROPERTY FOCUS

UNIQUE MODERN VILLA IN LA ZAGALETA GOLF & AMP - COUNTRY CLUB

SPAIN Ref: D374

€6,500,000

Contemporary architectural jewel «Arcadio»

Contemporary architectural jewel «Arcadio» is for those who seek a stunning high-end property that has been designed to impress. And it did that when it became the winner of The International Property Awards and received 2 “Oscars” of the real estate world as a National Winner in Spain and the Best Residential Property in Europe. Completed in 2016, this ultra-modern property features a spacious open plan living area – lounge/salon, formal dining area, gourmet kitchen, 6 bedrooms (en-suite), 1 guest toilet, dressing rooms, spa area with gym and indoor pool, game room, big garage, etc. Everything gives the fabulous villa an exclusive progressive look - noble wood and marble floors, expensive leather and fabrics, fashionable colour palette, high tech fireplace and contemporary art decoration chosen carefully to accentuate the splendid aura of each room. Exceptional attention to detail also contributes to its unique character. The architects’ fantasy and the craftsmanship of the builders and technicians made everything truly special. The outside territory with a swimming pool, modern style landscaped garden and innovative water features is in perfect harmony with the house. Elegant, refined and transcendental home with a dazzling style of its own is nestled within one of the most prestigious magnificent estates of Southern Europe - La Zagaleta that offers class and style all the way. Tranquility and security combined with luxurious facilities and fascinating setting with spectacular views over the Mediterranean Sea, Gibraltar, European and African coasts.

www.drumelia.com 188

INTERNATIONAL PROPERTY

Contact Details: Email: info@drumelia.com

Key features: 6 Beds 6 En-suite Baths 1 Toilet Pool Garage Garden Plot 3.316 m² Build 1.145 m² Orientation South/West Construction Year: 2016 Tel: (+34) 952 766 950

INDIVIDUAL PROPERTY FOCUS

SPAIN

APARTMENT AT SEA IN MALIBU - PUERTO BANUS - MARBELLA

Ref: D555

FROM

The highest quality materials and finishing have been used in the construction

The highest quality materials and finishing have been used in the construction of this fabulous 2 bedroom apartment, though improvements and updating to the latest standards are offer – with a possibility to create an additional 3rd bedroom, enlarging the living room, etc. . It will take only 2 months, and the price includes the renovation (except kitchen)! The property offers a spacious lounge with a separate dining area, enjoyable place to sit, dine and socialize, with fashionable and comfortable furniture and direct access to private terrace; 2 bedrooms with fitted wardrobes and access to the terrace, fully equipped kitchen with breakfast area, 2 smart modern bathrooms with modern fittings and walls tiled from floor to ceiling with finest marble. The dynamic designers’ interiors, both elegant and inviting, are modern, with perfect layout, stylish decoration and tasteful furniture arrangements, keeping balance between functionality and individualism. The colours are natural, warm and light with some bright accents. The property benefits from alarm and Smart Home systems, hot and cold A/C, beautiful heated marble floors and traditional tiled floors, Jacuzzi, WiFi, satellite dish, fireplace, separate laundry and storeroom, garage, etc. The lovely terrace with sunbathing, al fresco dining and lounge areas invites to enjoy the sunshine this part of the world is famous for, and the wonderful views over the well-groomed gardens with mature trees and green lawns, the pool and the Mediterranean Sea.

www.drumelia.com

Contact Details: Email: info@drumelia.com

€1,850000

Key features: 2 Beds 2 Baths 1 Toilet Pool Garage Garden Build 247 m²

Tel: (+34) 952 766 950

INTERNATIONAL PROPERTY

189

INDIVIDUAL PROPERTY FOCUS

APARTMENT IN RESERVA DE SIERRA BLANCA - GOLDEN MILE - MARBELLA

SPAIN

Elegant Modern Apartment

This luxury apartment in excellent condition features a spacious living room with a fireplace lounge, access to the terrace, dining room and fancy minimalist kitchen, 4 bedrooms (3 en-suite), 4 bathrooms and a guest toilet, cinema, guest room, study, etc. Strikingly stylish terraces with chill out areas and al fresco dining table are perfect for relaxing, socialising and enjoying the amazing panoramic views of the Mediterranean Sea, African coast and picturesque surroundings. A high standard of materials and finishes, elegant modern interior design with classic features, eye pleasing colour palette, sophisticated chic lighting design including artistic but not ะตpatage chandeliers, pendant lights and glamorous crystal wall sconces, beautiful marble floors, trendy glass balustrade, full-width glass doors to the terrace, alarm, Wi-Fi, air conditioning and other features make it truly exclusive. The furniture carefully chosen with the help of our Drumelia Interior Design department is impressive, exquisite and distinct.

www.drumelia.com 190

INTERNATIONAL PROPERTY

Contact Details: Email: info@drumelia.com

Tel: (+34) 952 766 950

INDIVIDUAL PROPERTY FOCUS

SPAIN

APARTMENT IN RESERVA DE SIERRA BLANCA - GOLDEN MILE - MARBELLA

Ref: D599

€2,200,000 This magnificent property is situated in one of the best and prestigious neighbourhoods of the coast, just a couple minutes’ drive to Marbella’s centre, beaches and a variety of services. Puerto Banus and golf courses are within 10-minute drive. It is worth mentioning that the new modern gated residential complex, Reserva de Sierra Blanca, enjoys the advantages of bioclimatic architecture providing its residents with a better indoor climate, having zero carbon emissions and reducing energy consumption. Its community areas are designed for leisure and pleasure and boasts modern pools with wooden decks and solarium, wonderful landscaped gardens with mature trees, well-groomed lawns, flowerbeds and natural stone wall, creating magical and unique Mediterranean setting.

Key features: 4 Beds 4 Baths 3 En-suite Baths 1 Toilet Build 339 m² Terrace 46 m²

www.drumelia.com

Contact Details: Email: info@drumelia.com

Tel: (+34) 952 766 950

INTERNATIONAL PROPERTY

191

INDIVIDUAL PROPERTY FOCUS

USA

DEL DIOS RANCH - RANCHO SANTA FE - CALIFORNIA

Ref: 160039434

$85,000,000

A main residence unlike any other

Del Dios Ranch presents an outstanding opportunity to acquire one of the most expansive tracts in coveted Rancho Santa Fe, California. Located in this affluent community, the property comprises some 210 acres, a large portion of which is available for development. The residence itself is a magnificent redwood, glass, and marble structure, with foundation and framework of poured-in-place concrete commanding 360-degree views from its private hilltop location. The property embraces 40 acres of producing Valencia orange groves and includes a lake, tennis court, and equestrian facilities.

Key features: 4 Bedrooms 7 Full Baths 2 Partial Baths 8.148 sq. ft. Interior

Noted architect Fred Briggs crafted the prominent home, which is distinguished by soaring, vaulted ceilings, with walls and beams of redwood that was milled on the property; radiant-heated marble floors; and glass skylights and windows. An entire wing of the house has been dedicated to a magnificent indoor pool and spa, while the master suite occupies a private second level. Three en suite bedrooms are located on a separate first-floor wing. The home’s interiors were created by celebrated designer Arthur Elrod.

www.christiesrealestate.com 192

INTERNATIONAL PROPERTY

Contact Details: London Office: + 44 20 3824 1951

New York Office: +1 877 745 5574

Country Specifications

COUNTRY FACTS & FIGURES

INTERNATIONAL PROPERTY

193

UNITED STATES

UNITED KINGDOM

SOUTH AFRICA

ITALY

ISTANBUL

DUBAI

BRAZIL

Country Specifications

BRAZIL

Brazil officially the Federative Republic of Brazil is the largest country in both South America and Latin America. As the world’s fifth-largest country by both area and population, it is the largest country to have Portuguese as an official language and the only one in the Americas.

Currency:

Brazilian real

Population:

211,243,220

GMT Zone:

GMT-3

Language:

Portuguese

Dialing Code:

+55

Emergency Services:

192

Climate: February is the hottest month in Rio de Janeiro (capital city) with an average temperature of 27°C (81°F) and the coldest is July at 21°C (70°F) with the most daily sunshine hours at 7 in August. The wettest month is December with an average of 169mm of rain. The best month to swim in the sea is in March when the average sea temperature is 26°C (79°F).

194

INTERNATIONAL PROPERTY

Facts on Buying a property in Brazil: Know the legal issues. Before you can buy a property in Brazil, you must obtain a CPF (Cadastro das Pessoas Físicas) number, which can be acquired via the Brazilian Embassy in the UK for a small fee (around £10). Once issued, this tax registration number will enable you to open a bank account and apply for utilities.

and registration fees of two per cent. Estate agents fees of up to six per cent are paid by the vendor. Once you have obtained your CPF number, you will automatically become liable for income tax if you rent your property out – this operates on a sliding scale of 15 to 27.5 per cent.

The purchase process in Brazil is relatively simple once you have obtained your CPF (taxpayer identification) number, however it is crucial that you seek the advice of a good, independent lawyer. This is especially true if you are buying a resale home, as checking for clean title can be a complicated and painstaking process.

If you wish to obtain a permanent residence permit you will need to prove that you have funds in excess of US$50,000 (£32,300), but even then this visa is only issued on a five-year conditional basis.

Finance your property in Brazil. Currently it isn’t possible to get a Brazilian mortgage, therefore the most common way to raise finance is to remortgage a UK or other country property in order to release equity. However, the domestic mortgage market in Brazil is reforming and developing, and with the levels of foreign interest in property purchases in recent years, it is entirely possible that finance for foreigners will become available at some point in the future. In total, fees and taxes come in at around seven per cent of the purchase price. This is broken down into legal fees of two per cent, stamp duty of two to three per cent (depending on the price of the property)

Safety is obviously a major concern for people considering buying property in Brazil, It is also important to do your research before you buy – on your estate agent or developer as well as location.

Country Specifications

BRAZIL DUBAI ISTANBUL ITALY

DUBAI

Dubai is one of the seven emirates that make up the United Arab Emirates known for luxury shopping, ultramodern architecture and a lively nightlife scene.

Facts on Buying a property in Dubai:

Population:

2.781 million

GMT Zone:

GMT+4

Language:

Arabic

Dialing Code:

+971

With no special permission needed or hidden hoops to jump through, buying property in Dubai became easy and potentially profitable for foreigners. With the rising cost of rental in Dubai and a healthy property market that looks set to continue growing, buying property is becoming an increasingly attractive prospect for expats living in Dubai.

Emergency Services:

998

Climate:

It is best to purchase property in Dubai from a developer, or to enlist the services of a real estate agent. It is important to do background checks and confirm the reputation of both entities, though most operate with a high level of integrity. It is also advised to hire an attorney to aid with the purchasing process, though this is not a formal requirement in Dubai.

UNITED STATES

August is the hottest month in Dubai with an average temperature of 36°C (96°F) and the coldest is January at 19°C (66°F) with the most daily sunshine hours at 12 in June. The wettest month is February with an average of 40mm of rain. The best month to swim in the sea is in August when the average sea temperature is 33°C (91°F).

Before purusing the market, it’s necessary to pinpoint the exact reason for purchasing property – either for investment or to live in. The purpose behind a purchase can greatly affect what type of property one should consider.

a property in Dubai is making a verbal offer to the seller. Once this is accepted, a formal sales contract is drafted and agreed upon between the parties, and a deposit is made. The buyer obtains financing, the seller ensures that the property is not encumbered by anything that goes against what has been stipulated, and final payment is made or a payment plan is solidified. The deed is then transferred. There are slightly different sets of protocols depending on whether one purchases property from a developer, called an “off-plan” purchase, or purchases property from a private seller, called a “resale” purchase. It should be noted that oftentimes, a seller will require that an expat has been “pre-approved for home financing” before signing the sales contract.

UNITED KINGDOM

UAE dirham (AED)

SOUTH AFRICA

Currency:

The Purchasing Process in Dubai In order to purchase property in Dubai, the buyer must be over 21 years of age. The first step in purchasing

INTERNATIONAL PROPERTY

195

UNITED STATES

UNITED KINGDOM

SOUTH AFRICA

ITALY

ISTANBUL

DUBAI

BRAZIL

Country Specifications

ISTANBUL

Istanbul is the most populous city in Turkey and the country’s economic, cultural, and historic center. Istanbul is a transcontinental city in Eurasia, straddling the Bosphorus strait (which separates Europe and Asia) between the Sea of Marmara and the Black Sea. Istanbul is one of the largest cities in Europe and the world. Currency:

Turkish Lira

Population:

14,557,000

GMT Zone:

GMT+3

Language:

Turkish

Dialing Code:

+ 90

Emergency Services:

112

Climate: July is the hottest month in Istanbul with an average temperature of 24°C (74°F) and the coldest is February at 6°C (42°F) with the most daily sunshine hours at 12 in July. The wettest month is January with an average of 100mm of rain. The best month to swim in the sea is in August when the average sea temperature is 22°C (72°F).

196

INTERNATIONAL PROPERTY

Facts on Buying a property in Istanbul: In previous years before 2012, Turkey had a strict reciprocity law in place which restricted many nationals from buying property in Turkey unless a Turkish national could in return, buy a home in that respected country. However in May 2012 a new law was implemented by the Turkish government which lifted a large amount of these restrictions and opened the Turkish property market to nationals of more than 129 different countries. Some rules still remain in place, such as real estate owned by a foreign national in a Turkish town can’t exceed 10% of the town’s land area and a foreign national can’t purchase more than 300,000sqm of land in Turkey without first acquiring approval from the Ministry of Interior in Turkey. Some regions in Turkey have restrictions for nationals of certain countries buying property in Turkey. However these nationals can still buy property in other regions of Turkey: Russian and Ukrainian nationals can’t buy property along the Black Sea coast of Turkey.

The first and foremost thing to keep in mind while hunting for your dream house is to think how you want your dream house to be. Residence in Istanbul can vary from locality to locality, different sizes of cheap apartments in Istanbul, inside the heart of the city or on the outskirts, availability of essentials. The next step is to find a local real estate agent or a property dealer in the area where you are looking for a house in. Apartments for sale in Istanbul are available in abundance, but what is the right property to purchase is the job of that real estate agent. Make sure that you have investigated well enough about the genuineness and the license of the property dealer.

Country Specifications

BRAZIL DUBAI ISTANBUL ITALY

ITALY

Italy, a European country with a long Mediterranean coastline, has left a powerful mark on Western culture and cuisine. Its capital, Rome, is home to the Vatican as well as landmark art and ancient ruins.

Population:

59,797,984

GMT Zone:

GMT+2

Language:

Italian

Dialing Code:

+ 39

Emergency Services:

113

Climate:

There are no restrictions on foreign ownership in Italy. Any money remitted from outside Italy for purchasing property should be officially documented to ensure that the proceeds of any resale can be repatriated. The first step to purchasing property in Italy is to hire a real estate attorney to protect your interests. Although the real estate transfer process is regulated, it is potentially biased against the buyer. Keep in mind also that Italian law provides for pre-contractual liability. In the event that you feel aggrieved by the sellerâ&#x20AC;&#x2122;s unfair behavior, you can file charges to be reimbursed for expenses.

Upon signing of the compromesso, the deposit is raised to 10% to 20% of the sale price, depending on what has been agreed. In the event that you decide not to pursue the purchase, the compromesso will be forfeited or the seller may seek legal action to enforce the purchase. On the other hand, if the seller backs out, he will be liable to pay double the amount you have given as deposit.

Once you have chosen the property, make an offer. You must pay 1% of the purchase price as a gesture of good faith. Unfortunately, an offer of purchase is only binding on the buyer; the seller may still consider other offers. It is best to specify a time limit in the offer document, so as not to be left hanging by the seller.

UNITED STATES

With its hot, dry summers and cool, wet winters, Italy experiences a Mediterranean climate. Winters in Italy are cool and humid in the north and the mountainous zone.

Facts on Buying a property in Italy:

UNITED KINGDOM

Euro

SOUTH AFRICA

Currency:

INTERNATIONAL PROPERTY

197

ITALY

ISTANBUL

DUBAI

BRAZIL

Country Specifications

SOUTH AFRICA

UNITED STATES

UNITED KINGDOM

SOUTH AFRICA

South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa.

Currency:

South African Rand

Facts on Buying a property in South Africa:

Population:

55,393,284

GMT Zone:

GMT+2

House prices have been relatively stable in South Africa, with home ownership levels at around the 60 percent of the population. Foreign buyers are allowed to freely purchase property, although mortgage options are limited for non-resident buyers to just 50 percent of the property purchase price. The transaction costs of buying a home in South Africa should also be calculated in, which can range anywhere from 5–15%, or more on top of your property price with taxes depending on the price range of your property.

Language:

English, Afrikaans, Zulu, Xhosa, Venda

Dialing Code:

+ 27

Emergency Services:

10111

Climate: February is the hottest month in Cape Town with an average temperature of 23°C (73°F) and the coldest is June at 13°C (55°F) with the most daily sunshine hours at 11 in December. The wettest month is July with an average of 100mm of rain.

198

INTERNATIONAL PROPERTY

Once you’ve found your ideal property in South Africa, you will need to make an offer – usually through the designated estate agent. The estate agent will request a formal letter confirming details of your offer (which can sometimes also include prospective completion dates), and this is sent to the seller to approve. If the seller agrees to accept the offer, both sides will sign the document, and it will then effectively work as a sale agreement. The seller will now appoint a conveyancer to deal with the legal aspects of the transaction. While the seller usually gets to choose the conveyancer, the buyer pays

their fees. You’ll then need to submit identification documents to the Deeds Registry so you can be officially registered as the new owner. As in other countries, the legal process can be time consuming, often running for six to eight weeks. Once you’ve been officially registered as the new owner, you’ll need to pay the remaining balance and the conveyancer will deliver the title deed.

Country Specifications

BRAZIL DUBAI ISTANBUL ITALY

UNITED KINGDOM The United Kingdom, made up of England, Scotland, Wales and Northern Ireland, is an island nation in northwestern Europe.

Facts on Buying a property in UK:

Population:

65,511,098

GMT Zone:

GMT+1

Despite the UK having been in a double-dip recession and mortgages being more difficult to secure, the current economic climate presents good buying opportunities for those acquiring property outside of the capital and not needing a large mortgage. Unfortunately, this has resulted in greater demand which has caused property prices to surge globally during the past few years, starting with Russia and then more recently China, and more consistently, Europe.

Language:

English

Dialing Code:

+ 44

Emergency Services:

999

Steps to purchasing property in the UK;

Climate:

The first thing expats need to do is to set a budget and, if a mortgage is needed, make the necessary arrangements. Expats will need to secure the services of a conveyance solicitor. Once a buyer has decided on a property and made a verbal offer to the vendor’s agent that has been accepted, the agent will submit the offer to both solicitors via the Memorandum of Sale (a buyer could do this themselves if the seller allows it; however, mortgage providers may require both parties to be professionally represented).

UNITED STATES

July is the hottest month in London with an average temperature of 19°C (66°F) and the coldest is January at 5°C (41°F) with the most daily sunshine hours at 7 in June. The wettest month is October with an average of 71mm of rain.

The seller’s solicitor will contact the buyer’s solicitor and provide them with a copy of the seller’s title. The buyer’s solicitor will then raise enquiries on the title and all other matters that he or she considers relevant. The solicitor will also request a list of fixtures and fittings so that the buyer can be told what is to be included in the sale. The solicitor will also put in hand all the usual local searches. Mortgage offers tend to be slower (most mortgages come through within about five weeks of an application being submitted).

UNITED KINGDOM

Pound sterling

SOUTH AFRICA

Currency:

INTERNATIONAL PROPERTY

199

ITALY

ISTANBUL

DUBAI

BRAZIL

Country Specifications

UNITED STATES

UNITED KINGDOM

SOUTH AFRICA

United States (US) of America is not a country in North America. It is made up of 50 states, a federal district, and five territories.

Currency:

United States dollar ($) (USD)

Population:

326,474,013

GMT Zone:

UTC, MDT, PDT, EDT

Language:

English

Dialing Code:

Emergency Services: 911

Climate: Weather varies widely across the continental USA, as well as in Alaska and Hawaii. In general terms, summers are hot and humid in the plains and southern states, while the southwest is very hot and quite dry.

200

INTERNATIONAL PROPERTY

Facts on Buying a property in the USA: Specific procedures vary from state to state, as well as between counties and cities. The procedure below is followed in New York City. Make an offer orally through your agent, who will convey it either to the seller´s agent or to the seller directly. The seller may counter your offer, beginning a negotiation process that, hopefully, will lead to an agreement on price, terms, and closing date. The seller´s attorney begins preparation of the contract of sale. He or she obtains and reviews the following documents: the deed, survey, title insurance policy, promissory notes or mortgages on the property, certificates of occupancy, tax bills, fuel and utility bills, leases, permits for elevator, pools, etc. Meanwhile your attorney (a real estate attorney is required in all property transactions in New York City) examines the financial condition of the condominium where you want to buy. The buyer’s attorney reviews and negotiates the contract deed, title search and title insurance policy, as well as the documents referred to in the title policy, such as survey, certificate of occupancy, real property tax bill, heating, cooling and electric bills.

After your attorney concludes that the condominium’s financial condition is satisfactory, that the by-laws of the building are acceptable to you, and that the contract of sale is also acceptable, he will allow you to sign the contract. You will then usually be required to present a deposit of 10% of the purchase price. The contract plus the deposit will then be forwarded to the seller for signature. This money will be held in the seller´s attorney´s escrow account until closing. It is important to note that until all parties have signed the contract, and it has been delivered, the seller can still entertain and accept other offers.

HOLIDAY R E NT A LS

RENTALS

INTERNATIONAL PROPERTY

201

SWISS ALPS RENTALS CHALET GRAND LOUP

HAUTE NENDAZ

HAUS ALPINE

ZERMATT

APARTMENT / 3 BEDROOMS / 2 BATHROOMS / SLEEPS 6

Holiday - SWISS ALPS

B&B / 4 BEDROOMS / 7 BATHROOMS / SLEEPS 8

BED & BATHROOM

Bedroom 1: Super King Bed Bedroom 2: Super King Bed Bedroom 3: Super King Bed Bedroom 4: Super King Bed 4 En suites, 1 Shower room, 2 Toilets only

Bedroom 1: Double Bed Bedroom 2: 2 Single Beds Bedroom 3: 2 Single Beds 1 Cot available 1 Family bathroom 1 En suite

AMENITIES

• Wi-Fi available • Jacuzzi or hot tub • Mountain views • Private garden

• Shared garden • Balcony or terrace • Internet access • Central heating

FROM

£200

/ NIGHT

scan for contact details

WALDHUESLI

BELLWALD

CHALET / 4 BEDROOMS / 2 BATHROOMS / SLEEPS 8

£319

/ NIGHT

RIDERS NEST

BED & BATHROOM

Bedroom 1: King Bed Bedroom 2: King Bed Bedroom 3: 2 Single Beds Beds in other rooms: Sofa Bed 1 Family bathroom, 1 Shower room

AMENITIES

• Mountain views • Private garden • BBQ • Balcony or terrace

• Mountain views • Climbing frame • BBQ • Balcony or terrace

FROM

202

/ NIGHT

INTERNATIONAL PROPERTY

scan for contact details

LE CHABLE

CHALET / 3 BEDROOMS / 2 BATHROOMS / SLEEPS 8

Bedroom 1: Double Bed Bedroom 2: Double Bed Bedroom 3: Single Bed Bedroom 4: Single Bed 1 Family bathroom 1 Toilet only

£128

scan for contact details

£231

/ NIGHT

scan for contact details

NORWAY RENTALS VILLA HEIDI

STANGE MUNIC

VILLA / 4 BEDROOMS / 2 BATHROOMS / SLEEPS 9

FJØSEN IN ERSFJORDBOTN

TROMSØ

APARTMENT / 3 BEDROOMS / 1 BATHROOMS / SLEEPS 6

Holiday - NORWAY

BED & BATHROOM

Bedroom 1: Super King Bed Bedroom 2: Super King Bed, Single Bed Bedroom 3: Super King Bed Bedroom 4: Bunk Bed 1 Family bathroom, 1 Toilet only

Bedroom 1: Double Bed Bedroom 2: Double Bed Bedroom 3: Double Bed Beds in other rooms 1 Family bathroom AMENITIES

• Wi-Fi available • Private garden • BBQ • Internet access

AMENITIES

• Wi-Fi available • Jacuzzi or hot tub • Mountain views • Private garden FROM

£155

FROM

/ NIGHT

scan for contact details

FJORDSIDE LODGE, SALHUSFJORDEN APT.

BERGEN

APARTMENT / 2 BEDROOMS / 1 BATHROOM / SLEEPS 4

£254

/ NIGHT

FISHERMAN’S COTTAGES AT GARSNES BRYGGE

BED & BATHROOM

Bedroom 1: Bunk Bed Single Bed Bedroom 2: Bunk Bed Single Bed Bedroom 3: 2 Single Beds 1 Family bathroom

AMENITIES

• Wi-Fi available • Mountain views • Shared garden • Private garden

• Jacuzzi or hot tub • Mountain views • Waterfront • Balcony or terrace

FROM

/ NIGHT

scan for contact details

SALANGEN MUNIC

COTTAGE / 3 BEDROOMS / 1 BATHROOM / SLEEPS 8

Bedroom 1: Double Bed Bedroom 2: Bunk Bed Beds in other rooms: Bunk Bed 1 Shower room

£119

scan for contact details

£154

/ NIGHT

scan for contact details

INTERNATIONAL PROPERTY

203

ITALY RENTALS CHARMING HOUSE IN TUSCANY MULINMARIA

AREZZO

PRIVATE BEACH-WATERFRONT VILLA SERENITA

POGNANA LARIO

VILLA / 2 BEDROOMS / 1 BATHROOM / SLEEPS 4

Holiday - ITALY

VILLA / 4 BEDROOMS / 3 BATHROOMS / SLEEPS 7

BED & BATHROOM

Bedroom 1: 3 Double Beds Bedroom 2: 1 Sofa Bed Bedroom 3: 1 Single Bed 1 Cot available 2 Family bathrooms 1 En suite

Bedroom 1: Super King Bed Bedroom 2: 2 Single Beds 1 Family bathroom AMENITIES

• Wi-Fi available • Mountain views • Shared garden • BBQ

AMENITIES

• Wi-Fi available • Private garden • BBQ • Patio

FROM

£128

/ NIGHT

scan for contact details

VILLA LA RUGA

ARGEGNO

VILLA / 5 BEDROOMS / 5 BATHROOMS / SLEEPS 8

£160

/ NIGHT

LUXURIOUS, SPACIOUS HOME, OLGIATA GOLF CLUB VILLA / 6 BEDROOMS / 6 BATHROOMS / SLEEPS 14

BED & BATHROOM

Bedroom 1: Double Bed Bedroom 2: Double Bed Bedroom 3: Double Bed Bedroom 4: Single Bed Bedroom 5: Single Bed 1 Family bathroom, 1 En suite, 3 Shower rooms

Bedroom 1: Double Bed Bedroom 2: Double Bed Sofa Bed Bedrooms 3, 4: Double Bed Bedroom 5: Double Bed Sofa Bed Bedroom 6: Single Bed 1 Family bathroom, 4 En suites, 1 Toilet only

AMENITIES

• Wi-Fi available • Private garden • BBQ • Roof terrace

• Wi-Fi available • Steam bath, sauna, gym • Private outdoor pool • Private garden

FROM

£451 204

/ NIGHT

INTERNATIONAL PROPERTY

scan for contact details

FROM

scan for contact details

£1273

/ NIGHT

scan for contact details

ROME

MOROCCO RENTALS VILLA TAJ MARRAKECH

MARRAKECH

VILLA / 6 BEDROOMS / 6 BATHROOMS / SLEEPS 17

RIAD COLOR SAND

MARRAKECH

RIAD / 7 BEDROOMS / 8 BATHROOMS / SLEEPS 20

Holiday - MOROCCO

BED & BATHROOM

Beds in other rooms: Double Bed 6 Family bathrooms

7 Double Beds 2 Sofa Beds 6 Single Beds 1 Family bathroom 7 Shower rooms

AMENITIES

• Wi-Fi available • Mountain views • Private garden • BBQ

AMENITIES

• Wi-Fi available • Air conditioning • Jacuzzi or hot tub • Private garden

FROM

£635

/ NIGHT

scan for contact details

RIAD ZAYANE ATLAS

MARRAKECH

B&B / 8 BEDROOMS / 8 BATHROOMS / SLEEPS 18

£442

/ NIGHT

scan for contact details

RIAD ANATA RENTAL EXCLUSIVELY

FES-BOULEMANE

B&B / 5 BEDROOMS / 5 BATHROOMS / SLEEPS 11

BED & BATHROOM

3 Super King Beds 3 Double Beds 9 Single Beds 1 Cot available 8 En suites

Bedroom 1: King Bed Bedroom 2: King Bed Bedroom 3: Double Bed Bedroom 4: Double Bed Beds in other rooms: Single Bed 4 Family bathrooms

AMENITIES

• Wi-Fi available • Air conditioning • Private indoor pool • Solarium or roof terrace

AMENITIES

• Wi-Fi available • Air conditioning • Internet access • Satellite TV

FROM

£364

FROM

/ NIGHT

scan for contact details

£432

/ NIGHT

scan for contact details

INTERNATIONAL PROPERTY

205

TURKEY RENTALS ERIKLI EV

AKYAKA

NATURE

KAYAKÖY

VILLA / 2 BEDROOMS / 2 BATHROOMS / SLEEPS 4

Holiday - TURKEY

VILLA / 3 BEDROOMS / 3 BATHROOMS / SLEEPS 6

BED & BATHROOM

Bedroom 1: King Bed Bedroom 2: Double Bed Bedroom 3: King Bed 2 En suites 1 Shower room

Bedroom 1: 1 Double Bed Bedroom 2: 1 Double Bed 2 En suites AMENITIES

• Wi-Fi available • Air conditioning • Private outdoor pool (unheated) • Private garden

AMENITIES

• Wi-Fi available • Air conditioning • Private outdoor pool (unheated) • Mountain views

FROM

£80

/ NIGHT

scan for contact details

BLUE PEARL - CIHANGIR/BEYOĞLU

İSTANBUL

APARTMENT / 2 BEDROOMS / 2 BATHROOMS / SLEEPS 5

£100

/ NIGHT

VILLAS KAYAKÖY 1

BED & BATHROOM

Bedroom 1: Super King Bed Bedroom 2: King Bed Bedroom 3: Double Bed Bedroom 4: Double Bed Beds in other rooms: Sofa Bed 2 Family bathrooms 1 En suite

AMENITIES

• Wi-Fi available • Private outdoor pool (heated) • Air conditioning • Jacuzzi or hot tub

FROM

£237 206

KAYAKÖY

VILLA / 4 BEDROOMS / 3 BATHROOMS / SLEEPS 8

Bedroom 1: 1 Double Bed Bedroom 2: 1 Double Bed 1 Sofa Bed 1 Family bathroom 1 En suite • Air conditioning • Balcony or terrace • Sea view • Internet access

scan for contact details

FROM

/ NIGHT

INTERNATIONAL PROPERTY

scan for contact details

£72

/ NIGHT

scan for contact details

THAILAND RENTALS CHIANG MAI VILLA

CHIANG DAO

VILLA / 3 BEDROOMS / 3 BATHROOMS / SLEEPS 6

THE NAKED HOUSE

SURAT THANI

HOUSE / 6 BEDROOMS / 4 BATHROOMS / SLEEPS 11

Holiday - THAILAND

BED & BATHROOM

Bedroom 1: 1 Double Bed Bedroom 2: 1 Bed Bedroom 3: 1 Bed 3 Family bathrooms

Bedroom 1: Super King Bed Bedroom 2: Super King Bed Bedroom 3: Super King Bed Bedroom 4: Bunk Bed Bedroom 5: Single Bed Bedroom 6: 2 Single Beds 4 Family bathrooms

AMENITIES

• Wi-Fi available • Air conditioning • Private outdoor pool (unheated) • Private garden

AMENITIES

• Air conditioning • Private outdoor pool (heated) • Mountain views • Shared garden FROM

FROM

£270

/ NIGHT

DASIRI LAKEFRONT VILLA PREMIUM

scan for contact details

HUA HIN

VILLA / 3 BEDROOMS / SLEEPS 10

£193

/ NIGHT

BAAN SETHAI

CHAWENG

VILLA / 4 BEDROOMS / 5 BATHROOMS / SLEEPS 11

BED & BATHROOM

Bedroom 1: Super King Bed Bedroom 2: Single Bed Bedroom 3: Super King Bed

4 Double Beds 3 Single Beds 1 Cot available 1 Family bathroom 4 En suites

AMENITIES

• Air conditioning • Private outdoor pool (unheated) • Jacuzzi or hot tub • BBQ

AMENITIES

• Wi-Fi available • Air conditioning • Private outdoor pool (unheated) • Jacuzzi or hot tub

FROM

£223

scan for contact details

FROM

/ NIGHT

scan for contact details

£384

/ NIGHT

scan for contact details

INTERNATIONAL PROPERTY

207

JGE ad_22x30cm.pdf

8/20/17

11:24 AM