International property section November 2015

Page 1

international

INTERNATIONAL PROPERTY

HOMES showcasing the FINEST PROPERTIES from AROUND THE WORLD

Rise & Shine

The Angsana Teluk Bahang, Penang is a luxury beach resort development in Malaysia managed by the award-winning Banyan Tree Hotels & Resorts. The destination includes the five-star Angsana hotel, serviced apartments – 83 two-bedroom suites are up for sale – and a wellness centre. The design team for this award-wining development includes Veritas Architects, one of Malaysia’s most established architectural firms recognised for its innovative designs; Banyan Tree Holdings’ world-class design arm, Architrave; Tierra Design, a multiple award-winning landscape architectural practice based in Singapore; and lighting design by the internationally acclaimed French lighting design specialist, Light Cibles. This glamorous getaway is located on a white sandy beach in

Teluk Bahang – an idyllic fishing village, facing the stunning Andaman Sea – with a backdrop of luscious jungles and fruit farms. Surrounded by Penang’s top eco-tourist attractions such as the Spice Garden, Escape theme park, and Penang’s only national park, there is something for everyone in this serene, tranquil neighbourhood. With more than 40 per cent of the units snapped up during the launch in Kuala Lumpur, the Angsana Teluk Bahang, Penang luxury homes have since been in hot demand among discerning property owners in Singapore, Medan and Guangzhou. Don’t miss the chance to have a piece of paradise. angsanatelukbahang.com


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struttandparker.com

Johannesburg, South Africa

‘‘Magnificent residence situated in Houghton’s presidential avenue”


Price on application

This is a fabulous, private family home. Built to absorb its surroundings with its curved walls encompassing the 3,965 sq m of meticulous landscaped gardens. As well as your own private palm lined pool there is a relaxation area fit with a bonsai garden, a zen garden and a koi pond. Also within the grounds there is a gym, 3 staff quarters and a guard house.

2,290 sq ft (212 sq m) 6 en suite double bedrooms | 3 reception rooms | Large eatin kitchen | Dining room | Staff quarters | Gym

Lulu Egerton 020 7225 3866 Lulu.egerton@struttandparker.com


THE ROUGHILL ESTATE

AN INVITING FAMILY & CORPORATE HAVEN IN TUCKER’S TOWN World Class Golf Residence Near the famed beaches, dining and amenities of the private Mid Ocean and Tucker’s Point Clubs, Roughill provides eight bedrooms and 11 full baths set on 2.65 emerald acres with stunning Atlantic views, gated entry, bespoke finishes, home automation, swimming pool and spa, putting green, pool cottages and staff quarters. Newly Priced at US $15,750,000

Tel +1 441 296 0278 | estates@logic.bm | www.sinclairrealty.com

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Exclusive Affiliate of Christie’s International Real Estate

WHY SINCLAIR REALTY BERMUDA? As the exclusive affiliate of Christie’s International Real Estate, Sinclair Realty is Bermuda’s one and only luxury real estate boutique. We look forward to welcoming you to our island with the depth of expertise and ‘above-and-beyond’ service that is the Sinclair hallmark.

Tel +1 441 296 0278 | estates@logic.bm | www.sinclairrealty.com

10/12/15 12:22 PM


UK Representatives:

ChRistopheR on | +44 7756 781 438 | christopher.on@senjaaman.com shaRon Yow | +44 7742 422 747 | sharon@senjaaman.com


THANKS TRIP ADVISOR. WE’RE AS PLEASED AS RUM PUNCH.

Trip Advisor has awarded Saint Peter’s Bay, Barbados, their Certificate of Excellence. What makes this so special? It recognises the consistently excellent reviews we’ve been earning. From couples, families and simply anyone dedicated to real standards in this Caribbean idyll. At its heart: our concierge team, here to help you get the very best - whether that’s swimming with turtles, perfecting your swing, pampering or exploring all the riches of this Bajan jewel. A holiday of a lifetime. Or a home for a lifetime. Saint Peter’s Bay welcomes you.

UNNA Luxury Resorts & Residences

Visit stpetersbaybarbados.com and then call 0800 097 0847

THE WORLD AGREES, IT’S A WORLD APART.


Treasure Island Aside from the beautiful weather, white beaches and relaxed lifestyle, Barbados offers tax bonuses and the opportunity to emigrate. Hannah Lemon chats to Alistair Brown about the astounding benefits for ultra-high-net-worth individuals on the Caribbean isle


INTERNATIONAL PROPERTY

The lush tropical habitation and laid-back setting of the Caribbean is attracting a growing population of the uber rich. And it’s not just the rum punch and sandals that have captivated the super wealthy – the Caribbean real estate market presents unique opportunities for their bank accounts too. According to Wealth X, a leader in providing intelligence on ultra-high-net-worth individuals, there has been a rise of inherited wealth, which has been disproportionately invested in real estate. The Caribbean provides an exciting venture for this audience; although properties there remain below their 2008 peak, they increased in value by 9% in 2014 alone. Barbados is one such island that can offer good business, as well as a glamorous getaway. Alistair Brown, managing director of Real Estate Partners International, deals in super-prime properties with price tags to make your eyes water and has an expert understanding of this market and its investors. “Previously, people just looked anywhere for a place in the sun, regardless of the benefits,” he says. “Now, however, before

buying a home, investors look at tax, emigration and residency permits as part of the package, as well as the lifestyle and beautiful weather.” Government incentives are key to the attractive nature of investment opportunities. Barbados, in particular, offers appealing tax regulations. “The market in the UK has become overly inflated and prime and super-prime properties are heavily taxed. Barbados, on the other hand, has favourable tax rates and the government offers low rates on foreign currency,” explains Alistair. “Sometimes as low as 0.5%.” Other attractive elements to this economy are the dual tax treaties with countries such as Canada, China, Singapore and the UK, which means that investors do not need to re-register their business in the Caribbean. The overall Caribbean economy grew at 3.6% in 2014 and is predicted to grow at 3% for the next three years. If you so wish, buying a house in Barbados can also mean becoming a Barbadian. Since 2014, the island has offered a special residency permit available for those with $5 million or more in net assets on the basis that they invest $2 million into the nation’s real estate or government bonds. “Clients can use this as an opportunity to invest in the country and its infrastructure,” comments Alistair. Although the majority of high-net-worth individuals are from the US, Canada and the UK, there is a steady growth from countries further east such as Russia and Kazakhstan. Investing in the island is like joining an exclusive social network; having ultra-wealthy neighbours means that you can share your leisure and business interests. Access to flights through the Caribbean is increasing, as well as access via boat to Saint Peter’s Bay and Port Ferdinand (where Alastair has additional prime residences). Most importantly, it provides a safe haven for family and friends to enjoy time together, whether they’re lying on the stunning white sandy beaches, sipping Champagne aboard a private yacht or visiting heritage sights. “In the winter, it is one of the few places you can guarantee the weather,” highlights Alistair. The relaxing and tranquil atmosphere of island life is tailormade for a new property, whether it is to become a holiday retreat, a home for retirement or inheritance for future generations. Alistair’s latest project is Palazzate, which provides all of the above and more – you just have to reach into your pocket for $125 million. The beachfront mansion is designed as four separate 13,000 sq ft fivebedroom apartments, ideal for a billionaire’s family looking to enjoy the four infinity-edge swimming pools, underground parking for 18 cars, spa facilities and boat berths at the nearby Port Ferdinand marina. Interested? All you need to do is request access to the Palazzate app, which allows you to peruse the estate via detailed descriptions and beautiful images, including a virtual tour of the house. Everything is set in place – luxury design and services – without the buyer having to lift a finger. There’s no doubt that whichever lucky sunseeker chooses Barbados to invest, preserve and enhance their wealth, they will have a pretty good time doing it. Palazzate, Barbados; Alistair Brown +1 246 262 8112


INTERNATIONAL PROPERTY

Down to a Tee Whether you are a seasoned golfer, a fitness enthusiast or a parent looking to relax on a beach and enjoy fine dining, the desirable address of Quinta do Lago has something for everyone. Ella Harris reports

Over the last 40 years, Quinta do Lago in Portugal has been a benchmark in European luxury, providing an exclusive community that offers quality, discretion and an enviable lifestyle less than three hours from the UK. As day-to-day family life has become ever more frenetic, Quinta do Lago provides sought-after serenity and freedom among work-rich, time-poor, second-home buyers. The lavish location is constantly evolving to meet the changing demands of its residents and has transformed itself from the leading golf resort of its 1980’s heyday to an optimal lifestyle retreat for Europe’s 21st century elite. Despite the recent recession and wider European economic climate, Quinta do Lago will have injected €50 million into its facilities and infrastructure by the end of 2016, ensuring it maintains its position as Europe’s leading luxury lifestyle destination. The resort still reigns as one of the top golfing destinations in the world with three championship courses, and further investment has been channelled into creating one of the finest golf practice facilities in Europe. Quinta do Lago boasts a state-of-the-art driving range and the world’s first Paul McGinley Golf Academy, as well as the only TaylorMade Performance Centre in Portugal. The facilities also cater to a wide demographic ranging from children to active couples with the contemporary Active Q gym and a mini golf course, which replicates the nine most famous holes in the world. There’s also much to keep beach lovers and gourmet enthusiasts entertained. Home to ten exclusive bars and restaurants, the resort has a specialised gastronomic offering for the most discerning of palates; the

Bovino Steakhouse, a brand new dining experience, and its membershipbased pool bar mimic hotspots in New York’s Soho and London’s Shoreditch. As the fads of a healthy lifestyle become increasingly popular, Pure Boutique Café brings a touch of Beverly Hills sophistication to Quinta do Lago with its recently opened juice bar. Meanwhile, The Shack has quickly become one of the trendiest spots in the resort, offering live music and stunning views over the lake and the Ria Formosa – the perfect location for an evening drink. Quinta do Lago is witnessing a resurgence in sales resulting from huge investment, the relaxed lifestyle and its accessibility. San Lorenzo North, the latest addition to Quinta do Lago’s residential portfolio, offers purchasers one of the last chances to build a luxury home on one of the remaining 22 plots available at the resort. Quinta do Lago will fully manage the build from start to finish using the advice and services of some of the world’s best architects, landscape gardeners and interior designers. One property currently for sale is the stunning Golfe Leste 5 with a guide price of €4.95 million. Surrounded by gorgeous gardens, the property’s striking design sets the scene for modern luxury living. The open-plan living space is ideal for entertaining while six sizeable bedrooms provide flexible accommodation for a large group. A white-tiled infinity pool has steps leading down to an external dining and entertainment terrace, outdoor kitchen, cloakroom, BBQ and water feature. quintadolago.com, +351 910014622



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Certificate No. FS23942

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FIND FIND YOUR YOUR LUXURY LUXURY HOME IN VIENNA HOME IN VIENNA

Trophy Penthouse Trophy A luxuriousPenthouse 6243 ft² penthouse in Vienna‘s city

A luxurious 6243 ft²sky penthouse in Vienna‘s city center with superb terrace providing monument center with superb sky terrace providing monument views. views.on request Price Price on request

Design Condo Design Condo Private pools and panoramic views

Private poolsof and panoramic views for a lifestyle luxury. a lifestyle of luxury. €for1.420.000,€ 1.420.000,-

LUXURY LUXURY LIVING LIVING IN IN THE WORLD‘S THE WORLD‘S MOST MOST LIVEABLE LIVEABLE CITY CITY Sky-High Living Sky-Highglazing Living Panoramic and vast terrace space

Panoramic glazing and vast terrace characterize this light and airy home.space characterize this light and airy home. € 2.650.000,€ 2.650.000,-

Vienna is the No.1 city offering the world‘s best quality of life. The Vienna iscapital the No.1 city offering world‘s best quality of life. The Austrian is known for its the cultural attractions and historical Austrian capital is known for its cultural attractions and historical architecture and apart from being a desirable place to live offers architecture and apart from being a desirable place to live offersand one of the most stable and promising markets for home buyers one of the most stable and promising markets for home buyers and property investors. property investors.

Luxury Garden Apartment Luxury Garden Apartment A one-of-a-kind urban home spreading over 2 floors

A one-of-a-kind urban home spreading over garden. 2 floors and featuring classic architecture and park-like and featuring classic architecture and park-like garden. € 5.500.000,€ 5.500.000,-

T. +43 (0)1 890 5533 | M. +43 (0)676 394 0837 T. +43office@avantgardeproperties.com (0)1 890 5533 | M. +43 (0)676 394 0837 office@avantgardeproperties.com www.AvantgardeProperties.com www.AvantgardeProperties.com

Family Mansion Family Mansion From a unique hillside location this dream

From a unique hillside location dream home overlooks the entire city ofthis Vienna. homeon overlooks Price request the entire city of Vienna. Price on request


NOW RECRUITING

If you think being a secret agent is about sipping cocktails on a private island all day, you’d be right.

It’s really no secret that we’re all about impeccable service at Small Luxury Hotels of the World. That’s why we’re looking for a further 20 mystery inspectors to embark on free undercover missions at our 520 luxury hotels around the world. It’s not a tough job, but someone’s got to do it. Apply now at slh.com/mi


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