The Address Magazine No. 15 by THE GREAT ADDRESS

Autumn 2013

THE ULTIMATE IN LAID-BACK LUXURY

No.15

A TIMELESS CLASSIC

A panoramic villa with glamorous style in Mallorca

A medieval castle with all its traditional heritage and glory in Tuscany

GRAND STYLE LIVING

BUY ONE HOME - GET TWO COUNTRIES

A masterfully executed home in Marrakech

WILDLIFE EXTRAVAGANZA

A luxury lock-up-and-go game lodge in South Africa

FOOD & TRAVEL AROUND THE WORLD

Top 15 Myanmar Highlights

A ski in ski out property in the Alps

MARKET INSIGHTS

France â&#x20AC;&#x201C; to die for? French inheritance laws & tax

KITCHEN CONFIDENTIAL

Top chefs share their recipes

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editor's note

Autumn 2013 ON THE COVER Wine estate in Tuscany

THE ADDRESS Magazine is proud to announce that it has been named a winner in the 2013 Hermes Creative Awards international competition. Out of 5,600 entries from throughout the United States, Canada and several other countries, we have attained the prestigious Platinum Award in the online magazines category. Illustrated with lavish imagery and crisply written, the latest issue of THE ADDRESS Magazine presents more than 320 brilliant, full-colour pages brimming with insightful information about international luxury real estate, food and travel. Tuscany is without a doubt one of the most beautiful and fascinating regions in Italy. Apart from countless fairy tale villages, magnificent castles, the highest concentration of art masterpieces in the world and www.theaddressmagazine.com

beguiling scenery, Tuscany is home to many luxury country houses and fine wine estates. Begin you dream lifestyle today with our feature about some of the best Tuscany properties currently for sale. France remains a perennial favourite for luxury properties for sale in Europe - from dazzling villas with sweeping views of the Mediterranean Sea and the French Riviera coastline, to stunning mountain homes amidst the majesty of the French Alps. Francophiles will be delighted by this issue's many stunning French properties including a chateau and wine estate in Languedoc, a unique ski in ski property in Chatel and a prestigious bastide in Villefranche-sur-Mer. Artistic and beautiful, modern architecture continues to reach new heights. The magazine showcases the best of contemporary residential architecture across the world including Spain, Portugal and France. In a class of its own, you will find a cutting-edge villa in Madrid with real Wow-factor and masses of glamour. In addition, the autumn issue of THE ADDRESS Magazine also includes an exquisite palace villa on Lake Orta, an ultra-stylish residence in Mallorca, a grand mansion in Marrakech, game lodges in South Africa, a stylish penthouse in Rome along with several other fine homes for sale. The market insight features in this issue include “France – to die for? French inheritance laws 2013” and “Is there really a best way to buy Spanish property”. With captivating storytelling and sensational photography, the travel section of THE ADDRESS Magazine features two of the world’s most fascinating destinations: “Beguiling Burmese Days - Top 15 Myanmar Highlights” and “Essence of Ethiopia Remote Southern Jungle Tribes”. Our Kitchen Confidential features famous chefs with grown-up palates and sophisticated taste. In this issue, Adam Byatt - Chef-Owner of Trinity restaurant in London - gives you a chance to try some of his favourite recipes. And finally, as always we present some recent discoveries of global style, design and good living. Enjoy the latest issue of THE ADDRESS Magazine! ANN ADENIUS, Curator

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50 REAL ESTATE TROPHY PROPERTY 6 Unmatched Elegance, Peerless Luxury BEST OF MODERN 18 A Contemporary Haven of Light, Space and Luxury PIÈCE DE RÉSISTANCE 26 Scenically Breathtaking, Elegantly Designed BEST OF SKIING 38 Buy One home Get Two Countries ALGARVE 50 Faultless Contemporary Luxury A view guaranteed forever CANARY ISLANDS 60 Victorian Grandeur COSTA BRAVA 68 Classic Modern COSTA MARESME 74 Bask in the Heights of Luxury FRENCH ALPS 80 Mountain Chic - Glitz, glamour and world-class Cordon Bleu skiing Incomparable Convenience & Style A True Definition of Mountain Luxury FRENCH RIVIERA 96 Luxury, Elegance, Perfection - Flawless Design with Views to Match - Contemporary Design Precision - Luxury has a new address The Heights of Pure Luxury

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REAL ESTATE ITALIAN LAKE DISTRICT 122 Grandeur and Heritage Meet Contemporary Elegance - Lake Beauty Gracious Heritage & Beauty MALLORCA 138 The ultimate in laid-back luxury Live for Greatness - Cosmopolitan Elegance for a Modern Lifestyle - Undeniably Exceptional MARCHE 158 Spellbinding Panoramas & Beauty Incomparable Style, Beauty & Elegance MARRAKECH 176 Grand Style Living Timeless Elegance & Refinement Stunning Simplicity ROME 190 Modern Glamour with Stellar Views Classic beauty and luxury SOUTH AFRICA 196 Wildlife Extravaganza TREVISO 206 A Charmed Life of Luxury and Privilege TUSCANY 210 Distinctly Refined Exceptionally Rare Quintessential Tuscan Beauty - Style & Sophistication - Country Splendour - A Timeless Classic Country Classic at its Finest

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PROPERTY INSIGHTS FRANCE – TO DIE FOR…? 44 IS THERE REALLY A ‘BEST WAY’ TO BUY SPANISH PROPERTY? ¡OJALÁ! IF ONLY… 256

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FOOD & TRAVEL BEGUILING BURMESE DAYS 264 ESSENCE OF ETHIOPIA 290 KITCHEN CONFIDENTIAL 306 FABULOUS FOODIE INSPIRATIONS 312

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TA LIVING STYLE & DESIGN DISCOVERIES FOR YOUR HOME 316

THE ADDRESS Magazine is published by W International Management Email: info@theaddressmagazine.com Tel: +44 20 7095 8700

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TROPHY PROPERTY

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Unmatched Elegance, Peerless Luxury www.theaddressmagazine.com

A magnificent wine estate with refined style, scenic surroundings and a panoramic position

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t is becoming a worldwide phenomenon that high-net-worth individuals are devoting more of their investment portfolios to luxury residential property, particularly top-end trophy properties. While some real estate markets have experienced rocky landings in the economic turmoil that has plagued the world in the past few years, these trophy properties have set their own pace, with one price record established after another.

Indeed, the trophy property has become a new asset class, one that refuses to follow any trend or set of dynamics that might determine the behaviour of the overall real estate marketplace. It is not only the asking prices that are determining these record sales; factors such as rarity of location, historical significance, quality of the vistas, wealth of amenities and sheer size all play an important part in attracting the interest of foreign high-end buyers. This

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record-breaking pace has encouraged ever more owners of such unique properties to place them on the market. It is hard to deny that Italy remains one of the most desirable countries in Europe in which to live, with Tuscany consistently recognized as the countryâ&#x20AC;&#x2122;s jewel in the crown. International buyers' love affair with Tuscany dates back many decades, fuelled by the regionâ&#x20AC;&#x2122;s vineyards that stretch over rolling hills, along with medieval towns, cypress-lined roads, architectural treasures and delightful climate. Real estate buyers are particularly enchanted by prestige Tuscan farmhouses and vineyard estates properties that epitomise the ideal escapism of living in Italy and offer a traditional lifestyle in a beautiful and tranquil setting. Usually built of stone, these dwellings exemplify the ancient rural architecture of Tuscany. Those that have been restored are generally finished to a high standard, using techniques that honour both the history of the property and its environment. The Florentine region, especially, features many villas with marvellous gardens, many once owned by the Medici family who governed Tuscany during the Renaissance. This area is well known for its fine villas, romantic castles and ancient farmhouses that have been restored with great attention to their original detail and magnificence. Not surprisingly, generations of local nobility and wealthy foreign buyers have made the scenic hills of Florence their home.

While iconic homes in idyllic locations have always held high appeal for the very affluent, there is a growing interest among high-net-worth investors to buy residential properties that offer an income-generating component. Properties that typically fall into this category include boutique wine, polo and wildlife estates, game farms, upscale guest houses and small boutique hotels, as well as properties acquired for redevelopment purposes. Here is a rare and extraordinary offering for that very special buyer wishing to acquire one of Tuscany's foremost properties. It is an exceptional estate offering magnificent views, luxury living without compromise, exquisite vineyards and a unique opportunity to indulge in a lifestyle of unquestionable elegance. Sophisticated, historic and timeless, the immaculate wine estate is a perfect example of the finest in classic Italian lifestyle. The estate offers both a superb family home of supreme grandeur and excellent quality vineyards with cellars and production facilities. With its graceful proportions and sumptuously realized details, the luxury estate is a unique expression of passion for beauty, a love of materials and an acute appreciation for its unique Tuscan location. Here one may celebrate the expansive vistas and the stunning vegetation, all illuminated by that special quality of light that seems to reside in Tuscany alone.

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Sprawling over 34 hectares in an almost impossibly beautiful setting, the prestige property boasts a blissful position that offers superior privacy, serenity and beauty. Positioned in the much-sought Florentine Hills, the extraordinary property commands a grand panoramaview over Fiesole and Florence. Radiating with a timeless grandeur, the magnificent estate is comprised of a classical early 20th-century villa surrounded by lush greenery, along with two estate farmhouses and separate staff quarters. The estate also features two private wells, a long and elegant driveway winding through the park and an automatic gate with camera security. The spectacular main residence features 650m² of pure luxury and distinction. It is built with a perfect sense of scale, opulent, yet still offering intimate and comfortable spaces for relaxation and contemplation. The elegant villa’s interiors are graceful and luxurious, showcasing six generous bedrooms with ensuite bathrooms, a large main reception room, kitchen, dining room, study and several dining areas located both indoors and out. Carefully maintained gardens and a stunning swimming pool of 300m² further enhance the charm and beauty of the bespoke property. Built in the early 1900s, the refined villa signifies elegance and exclusivity, as does every square inch of the property 14

itself. The singular property was impressively renovated in the 1990s, with particular care taken to ensure it retained its Old World grandeur, even while adding all of today's luxurious amenities. Exquisite carved woodwork, intricate inlaid marble floors, imposing marble fireplaces and an elaborate coffered wood ceiling hallmark the sumptuous abode, created with a level of master craftsmanship rarely found in modern construction. Encompassing 552m² of living space, the wonderful farmhouse building to the east of the main house has been restored and turned into three apartments. They share a swimming pool, but each enjoys a private garden and terrace. The apartments have been sympathetically restored and in total provide seven bedrooms, each with its own bathroom. Each is fitted with a large sitting room combined with adjoining kitchen and dining area. Set amongst the beautiful vineyards and next to the wine cellar, the second farmhouse offers 228m² of space. The delightful farmhouse provides three bedrooms with ensuite bathrooms, a large reception room, kitchen, dining room and a spacious terrace. The estate also features 152m² of staff accommodation, two flats designed to accommodate a farm manager and a farm worker, as well as their families. www.theaddressmagazine.com

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In total, the estate covers 34 hectares, of which 17 hectares are allocated to vineyards, ten hectares are arable land and olive groves (approximately 1,000 trees that produced 1,500-2,000 litres of olive oil last year), and the remainder in woodland. The vineyards feature mixed white grape varieties planted in 1992, while the majority is in red grapes, planted in 1999. There is a further 1.5 hectares of abandoned vineyards, which retain their planting rights. This represents a potential production of approximately 60,000 bottles of wine per annum. The estateâ&#x20AC;&#x2122;s 16

original vineyards were famous for their single variety white wines, including the Moscato. The grapes are still harvested and all are currently sold to Frescobaldi Estates. The large wine cellar is housed in a relatively modern building spread over two floors, providing space for the wine and olive oil production. It includes cement wine vats, bottling area, dry storage area on the first floor (with lift) and an estate office. In 2002, a further property bordering the estate was purchased. It may be acquired

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separately, or together with the main property. Set in seven hectares of private grounds, the charming farmhouse, which needs complete renovation, offers 550mÂ˛ of living space and a small barn. Offering breathtaking views over Florence and its famed Duomo in the distance, the prestigious estate is nestled within the sloping hillside of picturesque Fiesole. The elevated position brings cooling breezes and guarantees a pleasant climate, even in the height of summerâ&#x20AC;&#x2122;s heat. Perfectly located between the historic towns of Fiesole and

Pratolino, the elite property is only 25 minutes from Florence. Here is a profound statement in style and elegance, waiting for that special buyer in search of a personal sanctuary or a unique lifestyle opportunity to indulge the family. Price upon request. Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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BEST OF MODERN

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A CONTEMPORARY HAVEN OF LIGHT, SPACE AND LUXURY Strikingly designed, the prestige villa exudes modern grandeur

adrid is one of Europe’s major financial, administrative and political centres, as well as being a tourist magnet with a legendary cultural and gastronomic tradition. As the nation’s capital, it houses government offices, the Spanish Parliament, ministries, institutions and agencies, as well as the official residence of the Royal Family. Due to its economic output, high standard of living and market size, Madrid is the major financial centre of Southern Europe and the Iberian Peninsula.

It contains the head offices of many of the major Spanish companies, such as Telefónica, Iberia and Repsol. It houses the headquarters of the World Tourism Organization (WTO), the Ibero-American General Secretariat (SEGIB), the Organization of Ibero-American States for Education, Science and Culture (OEI), and the Public Interest Oversight Board (PIOB). It also is home to major international institutions and regulators of Spanish, including the Standing Committee of the Association of Spanish

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Language Academies, the Royal Spanish Academy (RAE), the Cervantes Institute and the Fundéu BBVA (formerly the Foundation of Urgent Spanish). The past decade has seen a high level of investment in the city’s infrastructure, from skyscrapers to the AVE, a highspeed rail system that links Madrid to other major Spanish cities such as Barcelona and Seville in less than three hours. Madrid-Barajas Airport is one of Europe's major transportation hubs, providing excellent access to the world. Yet alongside its modern infrastructure, Madrid has preserved the look and feel of many of its historic neighbourhoods and streets. Its landmarks include the huge Royal Palace of Madrid, the Teatro Real and the Golden Triangle of Art, made up of the Prado, Museo Nacional Centro de Arte Reina Sofía and the Thyssen-Bornemisza Museum making it one of the most important art experiences in the world, covering Spanish and European art from the 12th century to the modern era. With its enviable lifestyle and climate, Madrid enjoys some of the most extensive areas allocated to parks, gardens and green zones of all European cities. It is home to the legendary football club Real Madrid. Attracting more and more residents, the city entices top chefs to open restaurants www.theaddressmagazine.com

and tapas bars, supports an exciting cultural scene and enjoys days and days of blue skies, all adding up to a desirable quality of life. Amidst all of this sits a showpiece of architectural elegance with an astounding 2,000m2 of living space; this exceptional villa covers every aspect of a luxurious lifestyle. Located in the desirable La Moraleja district, known as Madrid’s Beverly Hills, the incredible villa skillfully balances scale with intimacy. Prestige and privacy reign supreme. The villa has been created without compromise, and will appeal to buyers who demand the very best. It represents a rare opportunity to own one of the truly great homes in Madrid. Exceptionally spacious and sumptuously finished, the villa provides an unrivalled level of luxury. Elegant spaces and indulgent touches provide an atmosphere of ultimate relaxation and inspiration. Conceptualised by Federico Sotomayor, the design incorporates grand scale, cutting-edge finishes and a perfectly executed indoor-outdoor floor plan. The impressive expanses of floor-to-ceiling glass provide glorious views, whilst creating dramatic spaces flooded with light. The home flows seamlessly from formal to informal living areas. 23

Thriving with style and luxury living, it features eight bedrooms (including three staff quarters), a striking dining room, sleek, fully fitted kitchen, billiard/games room and an office. The opulent master suite boasts spectacular garden views, two bathrooms and two dressing rooms. It is an entertainer’s dream. The show-stopping living area wows with its minimalist flair. It boasts a design of vast, open-plan rooms, jaw-dropping volumes and ceilings that tower seven metres. There is even a large disco area, complete with dance floor, DJ booth, bar, seating areas and light art. 24

The recreational section of the house includes a gym and a wellness area – constructed from volcanic Etna rock tiles – complete with sauna, Jacuzzi, cold-water pool, ice waterfall, Turkish bath and a 25-metre heated pool. The 10,000m² estate also offers ample outdoor entertaining areas, including a swimming pool, terraces and wonderful landscaped gardens. Two garages, with space for more than ten vehicles, will please the most discriminating car collector. The home combines stylish sophistication, quality detailing and fine luxuries such as

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parquet flooring, fireplace, aluminium shutters, air conditioning and the latest technology in home automation. The security gates, cameras and alarm system make the villa feel exclusive and secure. A panic room with security shutters gives owners that extra peace of mind. The elegant mansion is sold fully furnished, inclusive of high-end designer furniture. Its geometric lines and extensive double-height glass windows maximise the stunning views of the year-round sunshine in which Madrid basks. Perfect for outdoor fun, paddle tennis and mini golf facilities are included.

The south-facing residence at one of Madrid’s most prestigious addresses is surrounded by some of the city’s most famous residents, including several high-profile football players. With an enduring atmosphere of glamour and luxury, this villa can only be described as spectacular from just about every standpoint. Price: €13.5 million. CONTACT

Modern Homes Worldwide www.modernhomesworldwide.com +44 (0)20 7095 8701

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PIÈCE DE RÉSISTANCE

Scenically Breathtaking, Elegantly Designed

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A rare opportunity to own prime freehold real estate in a sensational château and wine estate in the South of France

ften described as “the forgotten Riviera,” the LanguedocRoussillon region is perennially one of France's most popular destinations and a highly desirable area to own a second home. Offering everything imaginable in a holiday destination, the Languedoc-Roussillon provides the right mix of investment potential and lifestyle choice, and offers a safer investment climate than many other foreign property markets. Stretching across the Mediterranean coast from the Côte d’Azur to the Pyrénées, Languedoc-Roussillon boasts a sensational climate, reliably one of the sunniest in France, with over 300 days of sunshine a year. Excellent transport links, miles of sandy Mediterranean beaches, endless vineyards and a buoyant property market combine to make the region an 28

increasingly sought-after destination for those who are looking to buy their own holiday home in the sun. Attractions include vast familyfriendly beaches, good skiing in the Pyrénées Mountains, the tranquillity of national and regional parks, some of France’s prettiest villages and the buzz of forward-looking cosmopolitan cities such as Montpellier. Add into the mix excellent food – especially seafood – five UNESCO World Heritage Sites, some of the country’s most spectacular historical sites and the picturesque Canal du Midi that wends its way between the Atlantic and the Mediterranean, and the investment potential of Languedoc-Roussillon property is clear to see. The wine industry has long been the heart and soul of LanguedocRoussillon’s economy. The area is the

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From a previous project by the developer

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From a previous project by the developer

oldest wine producing region in France. The Greeks were making wine here more than 3,000 years ago, followed by the Romans and then by the monks. Languedoc-Roussillon is the world’s single largest winemaking region, producing many of the best wines in France, ranging from honeyed Viognier whites to the full-bodied reds of the Corbières and Minervois. It produces more than 180 million bottles of AOC wine a year. The area has been attracting some of France’s – if not the world’s – most innovative producers. It is now home to a savvy new breed of Languedoc vignerons who apply innovative and scientific New World techniques, producing what many think is some of the world’s most exciting wines. The elegant and superbly crafted vintages hold their own 32

against the best of Europe and the New World. Transport links have helped Languedoc achieve its high growth rate. The region sports five international airports, while another five lie just beyond its borders. There are several train stations connected to France’s TGV, among them Nîmes, Montpellier, Narbonne, Béziers, Perpignan and Toulouse. As well, the A9, A62 and A75 motorways provide easy access to the area. Larger beaches than the Côte d'Azure and Provence, coupled with access to the Pyrénées and Cévennes Mountains, make Languedoc the perfect place to invest in a second home, a place that can be enjoyed both summer and winter. It is easy to see why the smart money is on Languedoc-Roussillon. Buying new-build properties in Languedoc is

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investing in more than just bricks and mortar, but a way of life. For domestic and foreign property buyers looking for holiday homes in La Belle France – the ”real” France – Languedoc is the ideal choice. Investors worldwide are demonstrating that the value and interest in owning, or being closely associated with, vineyard and winery properties is at an all-time high. Vineyard properties are amongst the most desired locations of exclusive private residences. The rewards of ownership are like no other: a long-term investment that matures like a fine wine, increasing in value, while providing a unique and enjoyable experience along the way. Imagine the thrill of ownership in a luxury winery property in the South of France. This magnificent château and wine estate

is among the most coveted properties to appear on Languedoc’s landscape, offering outstanding luxury and convenience, value and security. The elegant boutique community will undoubtedly become one of the most desirable and exclusive addresses in Languedoc. It is an attractive offering both from a lifestyle and an investment point of view. The château residences are well-priced investments with reasonable operating costs, solid rental yields and a straightforward exit for those who wish to sell. It is a fundamentally sound investment decision from any perspective. For those seeking the quintessential charm, conviviality and authenticity of the South of France, along with the best location and a beautifully finished holiday home in Languedoc with low management responsibilities, the property

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offers it all. Rolling hills, stunning vistas and seductive tranquillity are the backdrop to the sensational château and wine estate Boasting a spectacular setting, the château winery is set in an exceptional position amidst the gentle hills, with magnificent uninterrupted views across the vineyards to the villages beyond. The luxurious property has a fantastic best-of-both-worlds location: splendidly isolated, yet only five minutes from the villages of Magalas, Pouzolles and Puissalicon. Residents here will enjoy ten acres of gardens, park and woodland, complete with magnificent pines and oaks, elegant palms, and abundant mimosa, jasmine and passion flower. The park is being entirely restored, using the outline of the original gardens. Originally the site of a Roman villa, the château 34

that stands here today was commissioned in 1890 by Baron Cyprien de Crozals, and designed by preeminent architect Louis-Michel Garros, whose works include the châteaux at Clement–Pichon and Ducru-Beaucaillou. The onsite vineyard soon took its place amongst the elite of important Mediterranean wine estates. The once vibrant and historic winery is being restored to its former abundant glory, creating a beautiful and sought-after destination for wine lovers, serious oenophiles, enthusiastic Franchophiles and savvy investors looking for a holiday home in the sun. The land around the wine domaine is recognised as a terroir capable of producing exceptional wines. The refurbishment of the winery is managed by the Bonfils family – one of France’s most successful winemaking families. The result will be a superb range of elegant

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wines, with all owners sharing in the annual yield, which is estimated to be around 20 cases per property. Get all the excitement of living on a wineproducing estate. Founding owners will be able to participate in all aspects of the winemaking process, from harvest, to blending and bottling. In addition, each owner will benefit from private wine cellaring, which will be stocked with a complimentary Discovery Selection with which to start the collection. The developer has a proven track record of creating and delivering best-in-class holiday homes in Languedoc, offering a strong dedication and commitment to architecture and finishing excellence of historic properties. His previous project has been widely recognised as the most successful restoration project in

the South of France for many years. These luxurious properties for sale are the result of the developer's extraordinary vision, passion and love for Languedoc’s natural beauty and its innovative winemaking. Renovated to a very high standard whilst retaining its wonderful architecture, reflecting the history and beauty of the region, here is a highly indulgent collection of only 36 limited edition villas and apartments. The bespoke residences will be modelled on existing buildings of the domaine, reflecting the gracious heritage of the estate. Around a series of courtyards shaded by centenary trees are the buildings traditionally found on an important estate: the Château, the Winery, the Distillery, the Winemaker’s House and Grape Picker’s Lodgings. The Blacksmith’s House, Stables,

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Forge and Granary, the Estate Manager’s House and the Gardener’s Cottage will all be carefully converted into stylish holiday homes. The outbuildings possess an architectural refinement that represents their fine heritage. Combining authenticity and historic character with natural materials and modern use of space and light, each quality crafted home will make the most of the outstanding spaces and textures of the existing buildings – stone facades, exposed beams, extra-high ceilings and spectacular views. Investors can choose from distinctive 2-bedroom apartments, up to stunning 4-bedroom houses with large gardens and a private pool. Each architecturally designed home is unique and bespoke and will boast beautiful proportions, with a generous living area, quality kitchens, luxurious bedrooms with ensuite bathrooms and superb fixtures and fittings throughout. Almost all of the character properties boast private terraces plus gardens graced with Mediterranean trees, shrubs and aromatic herbs, in many cases complemented by a private spa or pool. Interior design will take its inspiration from both the aristocratic and agricultural heritage of the estate, with the wealth of period features integrated seamlessly into schemes that blend the traditional and the contemporary. Sold fully furnished to the last detail – from linen to artworks, high spec entertainment systems to chic French tableware – these exceptional holiday homes are the epitome of fine living in an idyllic sun-soaked location. Each wine estate residence is unique. Founding owners will be able to create a totally customised and bespoke home crafted to exact specifications and personal style. They will be treated to onsite consultations with both the architect and the interior designer. As Languedoc’s best new property ownership opportunity of this calibre, the château estate will meet strict 2013 standards for insulation, 36

ventilation and greenhouse gas emissions. The property is sold under freehold ownership, and it has been approved by main lending institutions. The 19th-century château property will exemplify the essence of luxury and hasslefree convenience, where owners will have access to stylish amenities such as a salon/ lounge and brasserie, imposing communal pool surrounded by Mediterranean flowers and aromatic herbs, boules area, clay court tennis and terrace overlooking the vineyards. Residents can enjoy an array of luxury services, including concierge, reservations, chefs and chauffeurs, ensuring owners get the most from their stay in their own Languedoc vacation home. The onsite team will also be responsible for an innovative programme of activities – sporting, social, cultural and gastronomic – designed to bring owners, guests and locals together throughout the year. Buyers are attracted by the unlimited usage as a purely lifestyle investment with no restrictions on how often or when they can occupy their unit. However, for low maintenance and carefree living, the historic property will be professionally managed and maintained. For additional peace of mind, full-service management and rental services will be provided. The letting services will offer owners solid rental yields and low operating costs. The refined domaine boasts a gorgeous vineyard location, and the surrounding charming Mediterranean villages offer all the services and conveniences one will need, including a lively market. The wonderful beaches of the Mediterranean Sea are a 25-minute drive through the vineyards and picturesque villages of the Hérault. Coarse, fly and sea fishing abound. The area is a gastronome’s paradise, with countless vineyards to explore, and markets offering the very best local produce. For those days

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From a previous project by the developer

when there is a desire for something a little more urban, the château is less than 20 minutes from both Pézenas and Béziers, while Montpellier – dubbed France’s most exciting city – can be reached in less than an hour. There is easy access to both the A75 (Paris) and A9 (Mediterranean) Autoroutes, TGV access to Paris and Lyon, with Barcelona soon to be added, and eight international airports within a 2-hour radius. The luxurious vineyard homes represent a rare opportunity to invest in a unique, quality property in one of the world’s most stable economies, whilst also benefiting from

anytime access to a superb holiday home. It all adds up to a sound investment and a source of pleasure for generations to come. Be seduced by the charm of this special place where the phrase "art de vivre" has true meaning. Take the opportunity to live the lifestyle available only to a select few. Prices: From 414,000 (incl. furniture). CONTACT

International Luxury Real Estate www.ilre.com +44 (0)20 7095 8701

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BEST OF SKIING

Buy one home Get two countries An opportunity that comes along only rarely, in a phenomenal ski in ski out village location 38

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he vast majority of Alpine properties are purchased for the double-barrelled reason of lifestyle and investment. There is no place in the world where combining business with pleasure makes so much sense as in the French Alps. Prime real estate in the French Alps have always experienced solid price growth but in 2013 low deposits and low interest rates make it easier for investors and lifestyle purchasers to acquire welllocated ski properties and this will give added buoyancy to the market.

Here is a chance to own a mountain residence in a location that is just as in-demand in summer as it is in winter. This property in the French Alps resort of Chantel, situated right in front of the slopes at the top of the village, offers outstanding leaseback opportunities, with quality construction and financial details that will make any intelligent buyer take notice. And it can all be done without having to dip in to the traditional seven-figure stratosphere to which buyers here have become accustomed.

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Situated at the foot of the slopes, the new-build collection of ski properties boasts a dominant position right in front of the pistes and adjacent to the Super-Chatel ski lift. It is possibly the most sought-after location in the village. Here is the ultimate in ski in ski out luxury, in a location that will prove to be a sound investment and a prime generator of rental income during times the owner is not in residence. Plots like this, in such a perfect location in front of the slopes and at the top of the village, only become available once every generation so this is a rarity in the ski property market. The location and the investment offering are not the only amazing factors about these freehold holiday homes. These properties will 40

also have excellent private facilities and will be built to very high standards. This is exactly the type of investment proposition investors of ski properties should look for. The luxurious development consists of three chalet-style buildings with 90 mountain retreats, offering 1- to 3-bedroom leaseback units. The stunning dĂŠcor of timber and stone is a genuine tribute the Savoy region. Its approach to luxury is authentic, attractive and stylish, without ostentation. The fully furnished ski apartments come with their own generously proportioned balconies that boast captivating views of the idyllic surroundings. The freehold holiday homes come tastefully designed, with luxurious facilities. Enjoy all the

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benefits of maintenance-free home ownership, along with the pleasure of having access to a range of desirable on-site amenities, such as reception, indoor swimming pool, jacuzzi and spa. A variety of wellness facilities will also be available, including hammam, solarium and massaging showers. Rental guarantees of up to 5% – one of the highest in the French Alps – make the 4-star leaseback properties a solid cashflow opportunity. But savvy buyers know a guaranteed rental return is only as good as the management company offering it and with management by Odalys, France’s second largest rental management group, peace of mind will be theirs. With such fine credentials,

the management company in attendance means buyers may mortgage up to 85% of the property’s value. Combine this with the highly attractive French mortgage market and the Chatel properties become ever more interesting. Owning a property that is part of the Odalys network come with additional benefits: owners may exchange usage weeks with any other Odalys property in France, including many countryside, city, beach and alpine locations. Owners will also benefit from discounted rates on additional vacation packages to those destinations. Skiers pining for the Portes du Soleil in search of a traditional resort with a short transfer time should consider property in Châtel. The

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once sleepy farming village, which is within 75 minutes of Geneva airport, has established itself as a major mountain resort with yearround appeal, and it just keeps getting better. Ski property for sale in this area is reasonably priced and would give an attractive return on investment. A new lift system, and links with the Portes du Soleil ski area due to open in 2014, are creating a buzz in the desirable French Alpine resort. That is all good news for investors. In a lovely setting amongst stunning scenery, Ch창tel is undeniably the most beautiful village in the Portes du Soleil. It is in the centre of one of the largest ski areas in the world, which 42

boasts 650 kilometres of groomed pistes across France and Switzerland. The unspoilt village of Ch창tel is located in the Abondance Valley on the border with Switzerland. It is a charming and traditional Savoyard village that has managed to maintain its alpine architecture and many original features. Being rich in a farming tradition, which is still practised, it is possible to obtain farm fresh local produce from various outlets in the village. Les Portes du Soleil is in the Franco-Swiss area that lies between Lake Geneva, in Switzerland, and Mont Blanc, and embraces 12 major winter sport resorts. They include, on the French side:

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Avoriaz, Morzine, Les Gets, Châtel, Morgins, Saint-Jean-d’Aulps, Montriond, while on the Swiss side: Champéry, Les Crosets, Val d’Illiez and Champoussin. The 195 lifts allow skiers to cross borders freely, and take a circular ski tour through two of the French resorts (Avoriaz and Châtel), as well as a number of the smaller Swiss resorts. Its geographical location, in the most northern part of the French Alps, combined with the effects of Lake Geneva to produce a microclimate that ensures optimal snowfall and above-average sunshine throughout the winter. Hence the name, which translates to “Gateway to the Sun”.

This new mountain development is the best collection of ski properties that has been launched in Chatel for over 15 years. An incredible location, coupled with timeless design, stunning views, superb facilities and solid investment potential make the project a most enticing option for the well-informed French Alps property investor. Prices: From €188,000 (excl. VAT). CONTACT

International Luxury Real Estate www.ilre.com +44 (0)20 7095 8701

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France – to die for…? French inheritance laws & tax - 2013 By Lindsay Kinnealy, Pannone LLP Solicitors

early a quarter of all potential foreign property buyers say they favour la belle France and it remains the most popular destination for UK residents looking to buy overseas. This, despite exchange rate fluctuations and a double- (almost triple-) dip recession. The perceived quality of life, climate and relative stability, not to mention properties offering value for money, attract millions of overseas buyers to invest or move there. But how many of them will have planned ahead sufficiently for their twilight years or the devolution of their estate? Perhaps, without a moment’s thought, they may inadvertently and seriously complicate their legal affairs for their loved ones in relation to inheritance and tax issues at home and abroad. With better and cheaper travel connections and multinational families, many people now have considerable assets in more than one jurisdiction, but never stop to think about where they should be paying tax or what will happen to their property upon death. It is certainly worth knowing more about the local succession laws and taxes if they own property in France.

Inheritance Planning To the foreign eye, French inheritance laws often appear to be complicated and inflexible, particularly for owners more used to a system that allows them to dispose of their property as they wish and in accordance with a will. So what happens if you die owning property in France? At present, for an individual who is not domiciled (i.e. a habitual resident) in France, only his real property (bricks and mortar) located there is subject to French succession laws. However, for those domiciled in France at the time of death, all their assets (except real property outside of France), are likely to be subject to French law. One of the main issues of concern for foreign owners of property in France is the fact that a surviving spouse or civil partner will not automatically become the legal beneficiary in the event of the partner’s death. Major reforms were introduced in August 2007 by then-president Sarkozy, but mainly concerned French inheritance tax (IHT). Unfortunately, the restrictions on who could inherit under French law were largely unaf-

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fected. Therefore, despite the reforms, children still inherit in priority to a spouse, and have specific and entrenched rights of inheritance. Consequently, owners of property in France do not have absolute testamentary freedom to dispose of their property, unless their desired provisions do not contravene French law. Upon death, French assets vest immediately and directly in the heirs. Even where there is a will dealing with the distribution of the French assets, French law may well override any provisions that do not conform to French law. The will is not necessarily invalid, but its effects could be reduced to take account of French law, principally that children cannot be disinherited and have an entitlement to a minimum share of a deceased parent's estate.

Reserved and Disposable Portions In France, an individual's assets on death consist of a reserved portion (réserve légale) and a disposable portion (quotité disponible). The réserve légale protects the interests of children (réservataires) who survive a parent and the reserved portion must pass equally between them, regardless of the wishes of the deceased or of any will. This réserve légale and the quotité disponible are allocated as follows: Réservataire

Réserve (minimum)

Disposable Portion

1 child

2 children

/3 equally between them

3+ children

¾ equally between them

On the death of a parent, the children automatically receive a share in the estate, leaving a percentage that is freely disposable according to the deceased’s wishes. If no alternative wish is expressed in a will or if the deceased died intestate, the entire estate would normally be divided between the children and spouse. 46

If the deceased had children, the surviving spouse has no réserve. But since January 1, 2007, where there are no children, a surviving spouse is able to take all of the estate, in preference to the deceased’s parents. Prior to this change in the law, the parent would have inherited a considerable portion of the estate. A surviving spouse may also benefit from a temporary right to remain in residence, plus a right en viager, if the property was the home of the married couple at the date of death. Under current legislation, where the spouses had a child or children in common, the surviving spouse is entitled to a life interest in the whole of the estate or one-quarter absolutely of the estate. However, where the deceased had one or more children who are not children of the surviving spouse, the survivor is only entitled to one-quarter absolutely of the estate. Parents and other relatives are not protected heirs and can be disinherited. But if you die intestate, in the absence of children, they do retain residual rights. Surviving parents may be the legal réservataires to part of the estate, that is one-half if two parents survive or one-quarter if one parent survives. The surviving spouse is entitled to the other half or three-quarters absolutely of the estate. This is an improvement on previous times when s/ he was only automatically entitled to half in life interest only. If the deceased had no children but does have one or more surviving parents, those parents have no automatic entitlement and the surviving spouse can inherit the entire estate. Therefore, if you have no children and want your spouse to inherit everything, make a valid will and/or take other specific measures to protect his/her interests. If resident in France, you may be able to choose between the laws of your habitual residence or your nationality to apply to your worldwide estate under new EU legislation to take effect after August 17, 2015.

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Where the deceased’s only surviving family are siblings, the surviving spouse may receive the entire estate absolutely. However, brothers and sisters retain a right over property in kind which the deceased received as a gift or inherited from parents. In such circumstances, the spouse and the siblings are each entitled to receive half absolutely of the estate. If a property is jointly owned equally, only the deceased’s 50% would fall into his French estate. For those who are not married or are married with children from previous relationships, it is even more important to consider inheritance planning if you wish to ensure a smoother, less troublesome transfer of your estate and to minimise any potential inheritance tax liability for your heirs.

Considerations when buying a property in France Much of the above information relates principally to an intestate inheritance or in the absence of suitable prior estate planning measures. It is often possible to improve the position of a spouse or partner and/or minimise your heirs’ inheritance tax liability by taking appropriate steps, some of which are only available prior to completion of a purchase and others which can be adopted at a later date. Invariably, the latter will incur higher costs and taxes. When buying a property, various options may be possible. For example, purchasing as individuals en indivision or en tontine. The former is similar to a UK tenancy in common where each party owns his own share, which would devolve on death to his heirs. A pacte tontinier – more similar to a UK joint tenancy – allows a property to pass in its entirety to the surviving owner(s). This may or may not be tax-efficient or suitable and could even have undesirable results in some cases. A company purchase is sometimes an option, as shares in a company are movable property

that may be governed by the law of the deceased’s domicile but it does not avoid inheritance tax. A French Société Civile Immobilière (SCI) is usually the vehicle of choice. It has no direct equivalent in the UK, but is more akin to a property-holding partnership which is nontrading, has unlimited liability and is usually fiscally transparent. Many years ago, “off-the-shelf” UK limited liability companies were considered suitable and mooted as a relatively cheap option, but the capital gains tax disadvantages on a resale make it inadvisable for most buyers. As well, translation of the Memorandum and Articles of Association and preparation of a Certificat de Coutume make it less cost-effective at the time of purchase than it might appear. Offshore vehicles are rarely attractive from a fiscal point of view for the ordinary second homeowner, being taxed annually on the market value of the property and liable to French corporation tax on any rental income. Be wary of using trusts for French property ownership. These legal vehicles commonly used in many countries for the purposes of inheritance planning generally offer no advantages in France with regard to inheritance law or tax and have long been viewed with suspicion there. It is generally not advisable to own real estate via a trust as the concept of trusts does not exist in French law. Where a trustee held the property, he was traditionally treated as being the beneficial owner and taxed as such. It is now even less advisable as very recent legislation makes them less effective and less attractive for many. They are now subject to tougher annual taxation, filing and disclosure requirements and potentially high rates of inheritance tax. Trustees have specific filing obligations with the value and all assets and rights within the trust being disclosed, if the Settlor and/or at

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least one of the Beneficiaries of the trust are resident (for tax purposes) in France and/or conversely, if a trust comprises assets situate in France, even if the Settlor and/or the Beneficiaries are not tax resident in France. Should they fail to comply, the penalty is a fine of €10,000 or 5% of the value of the assets, whichever is more. The Settlor and the Beneficiaries might ultimately be jointly liable to settle the tax. If you fall into these categories, obtain expert advice before terminating a trust or excluding a Beneficiary, to ensure the consequences would not be even worse than the current position.

Inheritance Tax With regard to inheritance tax (IHT); unlike in the UK where the entire estate is taxed, IHT is paid in France by each individual beneficiary. The tax-free allowances, taxable inheritance and rate applicable vary, depending on the relationship of the beneficiary to the deceased. Spouses, Pacsés and civil partners now benefit from an IHT exemption, but the tax-free allowance for children inheriting from parents was recently reduced by M. Hollande from €159,325 to just €100,000 per child from each parent. After that, they pay IHT on a sliding scale of 5% to 20%, up to €552,324, and a maximum IHT rate of 40% for inheritances of more than €1,805,677. Brothers and sisters fare even worse, benefiting from an allowance of just €15,932 taxfree and the balance being taxable at 35% up to €24,430 and 45% for the remainder, unless the sibling is incapacitated and had been living with the deceased for at least five years, in which case the tax-free allowance is increased to €159,325. If that seems punitive, the situation does not improve for nieces and nephews who are entitled to a relief of just €7,967 before a tax of 55% is applied. The hardest hit are heirs who are neither married nor blood relatives of the 48

deceased. These “strangers in blood” are liable to 60% IHT on any value in excess of €1,594. To avoid a worse financial situation, the estate of a person non-resident in France should be settled within 12 months of death, failing which late payment penalties and interest may be applied. Where the deceased was resident in France, the timescale is just six months. Another consideration is your place of domicile for tax purposes – not just residence. In common law jurisdictions (including for UK nationals), domicile and residence are different legal concepts and can have a significant impact on your tax liability. If any of the information in this article should cause you concern, it would be advisable to seek suitable professional assistance to see if there is a solution available to achieve your wishes and offer you peace of mind. Lindsay Kinnealy is a Legal Director in the International Property Department at Pannone, one of only a select number of solicitors' practices specialising in overseas’ property and succession matters. With almost 25 years’ experience in this field, Lindsay, together with her multilingual team (which includes a dual qualified Spanish abogado/solicitor), provides a bespoke legal service to private clients nationally and internationally. The International Property teams advises on a broad range of French and Spanish property law issues eg purchases, sales, gifts, transfers on divorce, Wills and inheritance (including minor heirs) and powers of attorney. Pannone is recognised as one of the UK’s leading regional law firms and provides a wide range of legal services across its five divisions: Corporate Services; Dispute Resolution & Regulatory; Family, Personal & Financial; Injury & Negligence and Affinity. Our teams advise clients throughout the UK and internationally. www.pannone.com france@pannone.co.uk

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ALGARVE

Faultless Contemporary Luxury

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A true statement of understated elegance, the striking ultra-modern villa is impeccably appointed

espite being one of the most established overseas property destinations, Portugal continues to offer a huge amount to overseas property buyers. It is a beautiful, peaceful, sun-filled country, with many lifestyle advantages to attract those who value these attributes. Portugal is the perfect locale for a second home, whether purchased as an investment, holiday or retirement home. The Algarve region consistently ranks amongst the most popular lifestyle and investment destinations, thanks to its wonderful climate, stunning beaches, superb golf facilities, fascinating history, colourful culture, good food and wine and welcoming people. Add to that its ease of access, low cost of living and quality medical care, and all is perfection. Much of the uncrowded Western Algarve remains unspoilt and represents authentic Portugal at its best. Strict planning rules have preserved the traditional feel and cultural heritage. The stunning coastline, with its dramatic cliffs and secluded bays, offers privacy in abundance. The last few years have seen the demand for Western Algarve prop52

erty grow immensely. The buzz surrounding the West is spreading fast. Already renowned for its golf courses, sandy beaches, big game fishing, sailing and surfing, the Formula One racetrack in Portimao is now attracting some serious international activity as well. The jewel of the Algarve, Lagos is an attractive and bustling town with an established real estate market. Set amidst fabulous beaches and coves, Lagos is a historic town, with great shopping along its narrow, winding cobbled streets, making it one of the most sought-after resorts on the coast. The quaint little town has style, with its sleek boats, designer boutiques and paved promenades. The surrounding beaches are some of the most beautiful in the Algarve. The area is attracting mainly primary residence buyers and retirement home buyers, rather than holiday home buyers and property investors. A trend that has become evident in the last couple of years is that buyers are continuing to run businesses in the UK or elsewhere, whilst basing themselves in the Algarve. This is made possible by high-speed internet, excellent

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telecommunications, first-class healthcare and good connections from Faro Airport. People are much more mobile and cosmopolitan today, meaning that living in another country is becoming the norm for increasing numbers of Europeans. For those who seek exceptional style, this magnificent villa excels. With crisp, sleek lines and quality finishes throughout, the fine villa offers the serenity of understated sophistication with contemporary luxuries. An amazing complement of large glazed areas connects the show-stopping villa seamlessly with its natural surroundings, creating a living experience that is at once clean and modern, yet organic and sculptural. The villa's intelligent floor plan offers enormous liveability and is perfectly suited for the indoor-outdoor lifestyle that is the Algarve's hallmark. The grand residence has been designed with a lovely openness and an easy, natural flow from one space to another, making it ideal for entertaining, but also well suited for relaxed day-to-day living. Featuring remarkable interiors that complement the impressive abundance of space, the Ăźber-stylish villa offers six bedrooms. The lavish master bedroom comes with an open plan bathroom, complete with a free-standing bath, two wash basins and a double walk-in shower fitted with rain/waterfall shower head. The ultra-modern villa also features an elegant lounge, tasteful dining room, cinema and entertainment area, as well as a utility room. The first-class gourmet kitchen is an entertainer's dream, well equipped with modern appliances such as a steam oven, wine cooler, Teriyaki grill, wok hob and two dishwashers. The open plan kitchen, from Alno, characteristically reflects German efficiency with a stylish design. For complete indulgence, the impressive bathrooms have been equipped with luxury fittings, glass and natural stone cladding. An exquisitely crafted river stone basin on

a wooden pedestal adorns the guest toilet, which boasts Swarovski tile walls. Enter the villa over its imposing water feature of large stepping stones that lead to a magnificent 2.7-metre custom-made Bamboo-clad entry door. Walk through to stunning views of the spectacular indoor pool, which is the focal point of this floor. The villa features state-of-the-art amenities, including remote-controlled air conditioning throughout, underfloor heating, electrically operated security gates, security alarm system and secure parking. A breathtaking 15-metre swimming pool and sun deck form the inviting centrepiece for an informal outdoor lifestyle. An outdoor kitchen with a barbecue area, bamboo decking, magnificent terraces with sea views and beautifully manicured gardens provide for elaborate al fresco entertaining, blissful, relaxing and pure enjoyment. Wonderfully located in a very upscale enclave of Lagos, the gorgeous property is within walking distance of the lovely beach of Porto de MĂłs and restaurants. It is only a 20-minute walk to the centre of the historic town of Lagos, and there are excellent golf courses within a 5- to 20-minute radius. The villa is just 45 minutes from Faro Airport, with easy access to the motorway. Seamlessly blending form and function to create a superb balance between an entertainer or designer domain and comfortable family home of exceptional proportions, this property offers everything the discerning buyer can imagine. Price: â&#x201A;Ź1.8 million. CONTACT

Modern Homes Worldwide www.modernhomesworldwide.com +44 (0)20 7095 8701

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A view guaranteed forever

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Design, functionality and flair characterise the beautifully appointed house, where attention to detail and quality will delight the most discerning buyer

ortugal is an old favourite in the overseas property market and continues to offer foreign real estate buyers an affordable and solid place in which to invest. With its sleepy villages, colourful, vibrant cities and towns and picture-perfect fishing ports, property in Portugal is amongst the most sought after in Europe and continues to offer great value. The Algarve is one of the most popular holiday and second-home destinations in Europe, famed for its fantastic year-round weather, gorgeous beaches and world-class golf courses. With excellent road connections to principle airports, low cost of living and safe environment, it is easy to see why the Algarve, and in particular the Western Algarve, is a desirable location for second-home ownership. The West is the classic, photogenic Algarve, the one beloved by designers of travel brochures and nature and geographic magazines.

It is the most dramatic part of the coastline, with rugged cliff faces providing some of the most beautiful scenery the region has to offer. This is particularly true of the coast around Lagos, where wonderful beaches nestle in amongst small bays and coves, surrounded by limestone cliffs and unique, erosion-formed caves, grottoes and other rock formations, which often spring picturesquely out of the water. Portugalâ&#x20AC;&#x2122;s relaxation of its Golden Visa rules makes owning real estate here even more attractive. The softened regulations relating to property ownership and residency enable non-European buyers who invest over â&#x201A;Ź500,000 in Portuguese property to obtain a Portuguese Golden Residence Permit for investment activity, which after five years can lead to a permanent residence permit and even Portuguese citizenship. Holders of the Golden Residence

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Permit have all the benefits of the Schengen visa, allowing freedom of movement in 26 European countries. Many wealthy Russian, Asian and South American investors, for instance, are keen to get a foothold in such an EU/Schengen country with a history of social and political stability. Located in a sought-after quiet residential area of Lagos, this ultra-modern villa redefines luxury through sleek design, stylish functionality and sophisticated flair. Elegance and modernity are abundant in the quality home, created to enhance and maximise the owner’s lifestyle experience through meticulous attention to detail, use of the best materials, superb design and, of course, the lovely setting. Designed with the best in quality specifications and aesthetic detailing, the stylish interior décor combines understated elegance with subtle accents of comfort and luxury. The contemporary design is based on open, flexible and light-drenched space and the purity of natural stone, wood and tactile materials throughout, as well as desirable lifestyle concepts for a modern, style-conscious world. Throughout the interior, comfort and intimacy – without preciousness, pretension and design-for-the-sake-of-design – prevail. Elegant, clean-lined spaces are bathed in always-changing natural light, with the continuous interplay of forms, textures and vertical and horizontal planes. Solidity and opaqueness are coupled with translucency and lightness. The fabulous villa has been custom built so that every room in the house maximises the amazing views and sunny aspect, creating a wonderful sense of space, light and calmness in true Mediterranean style. Boasting 277m² of luxury, the exclusive villa features four bedrooms, sunken dining room and living room and an über-stylish kitchen. Appointed with the highest quality fittings,

the outstanding property makes for a truly indulgent luxury holiday home. The property is equipped with high-end luxuries and unique architectural features throughout, including a fireplace, air conditioning, underfloor heating, central sound system, video entry, electric-controlled shutters and a preinstalled central vacuum system. The interior spaces flow seamlessly to the outdoor areas through the extensive use of glass, allowing the lovely scenery to be embraced from inside or out. The centrepiece of the sunny exterior has to be the beautiful swimming pool and the gorgeous terrace, perfectly positioned to maximise owners’ enjoyment of all-day sunshine and stunning views. In addition, the pool is surrounded by a large and attractive deck area, which is ideal for soaking up the sun and relaxing. A covered veranda with dining seating and barbecue provides shade during the day and an ideal place for enjoying outdoor meals and al fresco entertaining in the evening. Sitting on 1,541m² of private landscaped gardens, the sea view from the property is guaranteed to continue, as the valley below is a government-designated “green area” on which no new construction is allowed. Set in a privileged position just a short walk to the lovely beach, the deluxe villa is located in the exclusive area of Porto Mos – one of the most sought-after areas in the Algarve. An impeccable example of a luxury Algarve property, this modern villa oozes style and sophistication at its best. Price: €950,000. CONTACT

Modern Homes Worldwide www.modernhomesworldwide.com +44 (0)20 7095 8701

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CANARY ISLANDS

Victorian Grandeur

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A superior mansion that gracefully melds tradition with sophisticated style

ith prices at a 6-year low, Spain is enjoying a strong renaissance, with the market for second homes in 2012 experiencing a real revival. The year saw more buyers from more diverse countries than at any time since 2007. The latest data from the General Council of Notaries revealed a 28.4% jump in the number of foreign and non-resident buyers of Spanish property in 2012. A total of 38,312 non-Spanish residents purchased properties that year, a figure almost equal to pre-recession levels of 2007. There has been a geographical shift in buyers, too, with Russians becoming, for the first time, the second-largest buying group, surpassed only by the British. Scandinavian and Benelux buyers retained their place, outperforming Germans and Italians, while newcomers from Algeria and Kuwait began to show a keen interest. The Canary Islands are one of Europeâ&#x20AC;&#x2122;s closest guaranteed winter sun destinations, at about four hours flight from the main European feeder markets. As one of Spainâ&#x20AC;&#x2122;s most popular tourist destinations, the islands offer year-round sunshine, easy access from six international airports, 62

many great marinas, 29 golf courses and four national parks and nature reserves. Main buyers of Canary Islands real estate are Spanish, followed by an international mix of Scandinavians, British and Germans. However Italians, Belgians, Dutch, Swiss and French are more and more numerous as well. Recently Russians have started to buy large villas. Regardless of where they are from, the majority of property buyers are looking for a primary residence, although there is a considerable number of investors looking for a second home to see them through the winter. The third largest of the Canary Islands, Gran Canaria is a firm favourite among property buyers in search of all that is on offer on this spectacular island. Gran Canaria is the perfect choice for those looking for a second home in a warmer climate, whether they be sun worshipper, avid golfer, fishing enthusiast, watersport lover, boater, diver or a fan of hiking in volcanic mountain landscapes and lush vegetation. One of the main reasons Gran Canaria is so popular is that it offers an extraordinarily diverse range of geographical beauty. www.theaddressmagazine.com

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The island has been called a “miniature continent” because of the different climates and variety of landscapes found there. In one day in Gran Canaria, it is possible to stroll along miles of sun-kissed, golden sand beaches, swim in crystal-clear waters, gaze at snow-capped mountains, trudge through immense, desertlike sand dunes, admire volcanic craters, explore subtropical valleys, and discover the elegant capital city of Las Palmas. As well, there are the charming whitewashed villages that manage to retain their charm and heritage through deep-rooted and popular fiestas and gastronomy that is as simple as it is exquisite. One-third of the island is under UNESCO protection as a Biosphere Reserve. The marvellous climate is another reason for the island’s popularity. The climate is very stable year-round, with temperatures that vary only slightly between day and night and between the seasons. During the summer, the average temperature is about 24˚C and in winter the minimum average does not drop below 19˚C. According to a study carried out in 1996 by Thomas Whitmore, director of research on climatology at Syracuse University in the United States, the city of Las Palmas de Gran Canaria enjoys “the best climate in the world”. The magical island of Gran Canaria has 230 kilometres of coastline and some of the most stunning beaches in Europe. www.theaddressmagazine.com

Gran Canaria is a veritable paradise for lovers of the sea and of all the activities that are linked to the sea. Gran Canaria is considered one of the best places for windsurfing in the world, with its naturally warm air, water temperature and trade wind being ideal for windsurfing and blowing mainly on the east side of the island. The island also offers a neverending range of possibilities when it comes to underwater activities, boasting some of the best scuba diving in Europe. From great wrecks to excellent reef and wall dives, shore diving and diving from boats, Gran Canaria has it all. The waters surrounding Gran Canaria are an aquatic crossroads, teeming with colourful marine life from the Mediterranean, the Caribbean, the Atlantic and Africa. The superb conditions for deep sea fishing and big game fishing in Gran Canaria’s waters have become known internationally. The large variety of species that are caught in the island’s waters is evident from the fact that these fishing records have covered such a variety of fish species, such as the blue marlin, billfish, yellowfin tuna, bigeye tuna, Atlantic bonito, barracuda and albacore. Gran Canaria has grown to be a highly sought location for vacationers, retirees, second-home owners escaping cold winters, as well as professionals and families yearning for a superior quality of life. 65

This exclusive mansion villa is a prime example of high-end Gran Canaria luxury and elegance. Made from classic materials, styles and qualities combined with modern comfort, the property is both an imposing residence and a practical, welcoming family home in one of the most desirable locations on Gran Canaria. With spaciousness , layout and comfort that indulges, the beautiful Victorian-style mansion offers an exceptional living environment. Presented in first-class condition, the distinguished villa is exquisitely designed and decorated. Boasting supremely comfortable and expansive living areas, the elegant villa features 900m² of luxury. The impressively sized residence boasts nine bedrooms, a sitting room, office with wide bay windows, dining room, 35m² fully fitted kitchen with breakfast room and a central kitchen island. The 65m² living room is a magnificent space, boasting incredible dimensions and distinctive details. The stunning verandah/conservatory adds to the overall enjoyment of the deluxe villa. The wine tasting room leading to the wine cellar is a noteworthy amenity, sure to appeal to collectors. Interiors embellished with beautiful arched windows, high ceilings, marble floors, a sweeping staircase and grand proportions create an ambience of stately splendour. Thoughtfully designed with the practicality and functionality of comfortable family living 66

in mind, the property also benefits from a utility room, a wealth of storage space and parking for ten cars. The elegance continues outdoors, with a magnificent porch and delightful terraced areas, creating a sensational setting for outdoor entertaining and relaxing. Dazzling sea and mountain views may be enjoyed from a gorgeous 25m² balcony. Grand in style but maintaining privacy and seclusion, the gracious villa sits majestically on a private plot of 10,000m², with delightful subtropical gardens and fine views. A wonderful Canarian-style house, partially modernized, of 161m², which could provide ideal guest accommodation, and adjacent games room/storage of 67m² only adds to the property’s appeal. Located in a peaceful countryside setting, yet within walking distance of restaurants and a mini-market, the commanding villa is located in Santa Brigida, just 20 minutes drive from excellent sandy beaches and Las Palmas, as well as the airport. Discover the ultimate in luxury villa living in Gran Canaria – elegance, sophistication and a luxurious lifestyle. Price: €2 million. CONTACT

Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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COSTA BRAVA

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Classic Modern www.theaddressmagazine.com

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A lovely setting, combined with stunning design, create a unique and highly desirable property

nterest in Costa Brava property amongst overseas buyers continues to rise. The area is popular with foreigners â&#x20AC;&#x201C; mainly British, French and Americans â&#x20AC;&#x201C; while Russians and Scandinavians are increasing their presence in the market. Strong domestic demand from Barcelona and Girona keeps the market liquid, making it a sustainable investment. The Costa Brava real estate market is a mature, stable and consolidated one, where there are few fluctuations in demand and supply. Regarded as a sought-after location for luxury real estate investors interested in Spain, Catalonia and Costa Brava is hard to beat in terms of lifestyle and accessibility. Buyers are becoming increasingly aware of the areaâ&#x20AC;&#x2122;s many attractions, including vibrant cities, fabulous beaches, rich cultural heritage, excellent climate and breathtaking scenery. It all adds up to the creation of a hugely attractive lifestyle for those fortunate residents. www.theaddressmagazine.com

The attraction extends well beyond the stunning coastline. The inland and mountainous region of Costa Brava is one of the most serenely beautiful areas of Spain. It has traditionally been one of Spain's richest regions, hence the well-tended farms, exquisite old rustic village houses and imposing country mansions – or masias – some of which are for sale as holiday country homes. The proximity to France makes it easily accessible via the excellent motorway network and nearby international airports in Girona, Barcelona and Perpignan. The high-speed European rail system connects London, Brussels and Paris to Figueres in a few hours. Classic, understated elegance and spacious indoor-outdoor Mediterranean lifestyle, with lovely views, are the hallmarks of this fine country home. Contemporary design and

traditional country style blend seamlessly to create an exclusive and luxurious private residence. The refined country house is sure to impress from the moment one enters, with its unquestionable beauty and undeniable comfort. Boasting vast proportions and graceful distinction highlighted by rustic charm, it offers a stylish blend of timeless sophistication and modern luxury. The deluxe country mansion spans over 750m² of serious luxurious comfort, its rooms tastefully appointed with quality detailing and faultless finishes. The incredibly welcoming residence features a fully fitted kitchen, nine elegant bedrooms and several comfortable living areas. The main living space is simply breathtaking, with its contemporary open plan lounge and kitchen as well as soaring ceilings. This is undoubtedly the centrepiece of the villa’s interior living space.

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For extra space and convenience, the residence enjoys an outbuilding. The purity of the glass annex stands in beautiful contrast to the traditional façade of the main house. The premier country estate provides generous parking space for up to five cars. The superb property displays plenty of attention to detail and has been constructed with materials of the finest quality, which, together with underfloor heating, creates a cosy ambiance. A substantial investment has been made in state-of-the-art safety and security systems, including bullet-proof glass, security cameras and automatic locking. A place of peacefulness and calm, the gorgeous country house combines natural beauty with an idyllic and private location. Boasting immaculately manicured gardens of 9,600m², complete with mature trees, there

is a choice of several sublime outdoor living spaces. Al fresco enjoyment of the country property is further enhanced by an impressive terrace of 160m², along with a striking swimming pool. Set on five acres of lushly, well-tended private grounds, the deluxe country estate is superbly located in Emporda de Girona, just 30 minutes from the airport. Here is a rare opportunity to live a life of comfortable elegance in a glorious natural setting. Price: €3.5 million. CONTACT

Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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COSTA MARESME

Bask in the Heights of Luxury 74

The strikingly modern villa evokes a unique combination of understated elegance and heavenly panoramas www.theaddressmagazine.com

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oreign buyers are now as important to the Spanish property market as they were in 2006, when the real estate boom was at its peak. Once again, the Spanish dream is attracting an influx of overseas buyers. According to data from the General Council of Notaries, 64,593 foreign citizens bought 76

property in Spain last year, with those from the UK holding the biggest stake in the Spanish property market overall. They were followed by buyers from France, Russia, Scandinavia, Italy, Germany and Belgium. For those looking for a property in one of Spainâ&#x20AC;&#x2122;s few destinations that has it all â&#x20AC;&#x201C; climate,

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quality services, shops, hospitals, international schools, good infrastructure, and Barcelona's international airport â&#x20AC;&#x201C; the Maresme Coast north of Barcelona ticks all the boxes. It is a region blessed with great weather, the dazzling Mediterranean Sea, beautiful hills and mountains, charming villages and superb

location. Costa Maresme boasts excellent connections to Barcelona by road and rail, sandy beaches, outstanding restaurants, golf courses, equestrian centres and marinas equipped for welcoming the finest yachts. The areaâ&#x20AC;&#x2122;s proximity to Barcelona makes it a very attractive place to live or own a second

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home, meaning that Costa Maresme real estate remains a smart property investment. Offering an exhilarating lifestyle in the esteemed Supermaresme – one of the most popular and elite residential enclaves in Costa del Maresme – this refined villa is brilliantly accomplished and supremely comfortable. Luxurious and perfectly poised to capture the majestic views, the dazzling architectural showpiece displays an innate sense of timeless style and luxe sophistication. With its bold symmetry and generous proportions, the home is truly desirable. The walls’ refined muted hues complement the setting masterfully. Combined with the light stone 78

flooring, the style is effortlessly elegant. The spectacular villa features 656m² of pure luxury and distinction. A place that exudes sublime style and superior quality accommodation, it sports six bedrooms with ensuite bathrooms, a library with fireplace, living-dining room, TV room, kitchen, gym and sauna. The elevator provides ease of access to all three floors and there is parking for three cars. Inspiring and innovative, the newly built villa is equipped with the latest technology and state-of-the-art luxuries. Designed strictly for the sheer enjoyment of life and entertainment, the light-filled

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interiors flow seamlessly into the outdoors. The fine villa features superb, extensive exterior living spaces, with both covered and open decks from which to enjoy the highly prized al fresco lifestyle. There is a stunning pool, dining area, lounging area and terrace with sun loungers and an outdoor shower. There is even an outdoor viewing gallery with stylish sofas. Owners may immerse themselves in sublime elegance amidst oceanview grandeur in a pristine setting where the open sky and the infinite indigo sea seem to meld and embrace.

landscaped grounds, complete with lavender gardens and 300m² of terraces. The ambiance is one of relaxation, privacy and low-key elegance. This property offers an unmatched lifestyle located in a private oasis of serenity and panoramic beauty. Price: €3.75 million. CONTACT

Modern Homes Worldwide www.modernhomesworldwide.com +44 (0)20 7095 8701

Commandingly positioned with sweeping views, the villa sits on 2,160m² of lovely www.theaddressmagazine.com

FRENCH ALPS

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Mountain Chic Savoyard chalets blend alpine charm and contemporary elegance

Image: A. Gamito/Office de tourisme Les Gets

he French property market has been a good investment for foreign buyers over the last year and figures from the Fédération Nationale de l’Immobilier and Chamber of Notaries show that the best performing areas in 2012 were those primarily associated with tourism. Tourism underpins France’s three core property markets: Paris, the South and the Alps. And with the country traditionally the most visited in the world, it is no surprise that these areas outperformed the rest. With buying interest increasing due to record low mortgage rates, this core market trend is likely to continue. Investing in the Haute Savoie offers good return on investment, as rental prices in the department are among the highest in France. According to the Conseil Général, the Haute Savoie department is just behind Paris Ile-de-France and the Côte d’Azur. With unrivalled ease of access, northernmost areas such as the Portes du Soleil in the Haute Savoie are deservedly popular, with a choice of styles from traditional villages such as Morzine and Les Gets, to the more full-on exuberance of higher-altitude Avoriaz.

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Ski areas do not come much larger than the Portes du Soleil, a collection of 12 villages strung across the Alps between Mont Blanc and the southern shores of Lake Geneva. One of the main attractions is the charm of Portes du Soleil's authentic mountain villages, with their vibrant year-round lifestyle. Along with the village atmosphere, the Portes du Soleil's attractions include easy access from the international airport at Geneva – less than 90 minutes – and prices that represent good value in comparison to many other resorts, particularly with its 650 kilometres of skiing at the doorstep. Being the largest linked ski area in the world, the Portes du Soleil, or Gateway to the Sun, is enormous and has to be skied to be believed. Climbing from 1,000 metres to 2,466 metres, divided between France and Switzerland, its 195 lifts will take skiers up to the 11 snowparks, 243 kilometres of cross-country tracks and 650 kilometres of marked pistes that connect the resorts – all accessible with a single ski pass. Even though parts of the ski area sit at a moderate altitude, its northern situation (the most northerly in France) means that it often gets better snow than other French resorts that are much higher. This, along with the abundance of north-facing slopes, means the snow lasts well into May. Portes du Soleil may be famous for its alpine skiing, but the range of other activities is truly limitless. The resort offers various summer activities amid the stunning mountain scenery, including trekking, mountain biking, white water rafting, canyoning, fishing and golf. The Portes du Soleil has become renowned as the prime place for mountain bikers. Enjoy 650 kilometres of signposted tracks, ten permanent downhill runs, four bike parks and 24 ski lifts equipped for mountain biking. The proximity to Lake Geneva and the summer resorts of Evian and Annecy make the Portes du Soleil an excellent base. 82

Situated at the heart of the Portes du Soleil, Les Gets is a gorgeous village with traditional styled chalet buildings and beautiful scenery. Les Getois (the locals) retain a deep love for their Savoyard heritage, or patrimoine, making Les Gets a uniquely attractive place to visit, whatever the time of year. Offering some of the most splendid skiing in the region, plus being one of the more sought after resorts and ever popular in both the summer and winter seasons, Les Gets is frequently rated as one of the most charming and family-friendly Alpine towns. It offers fantastic skiing for children – the Territoire du Grand Cry is entirely reserved for children, featuring Wild West-themed ski slopes and boarder cross pistes. For those who are in the market for a ski chalet in the French Alps, Les Gets' beautiful setting with its year-round appeal and easy access is certainly a tempting investment proposition. Both as a family vacation home to enjoy for years to come, and as an investment with potential attractive returns, these elegant ski chalets provide everything the discerning home buyer could possibly want. The boutique development of just six luxury ski chalets combine elegant living with authentic mountain atmosphere. Built in a traditional style of stone and wood, the Alpine homes offer stylish accommodation and modern comfort. Gloriously elevated in the mountain landscape, the south-facing property enjoys stunning views over the domaine. Spacious private balconies will only add to the appeal of each mountain retreat. Traditional charm and character, combined with modern taste, and with interior decors made of wood, the ski property evokes a winter fairyland in the Alps. The generous living quarters will range from 59m² to 96m² and offer two or four bedrooms. Each ski residence will be tastefully decorated and equipped to a very high standard, with luxury amenities that include a fully fitted and

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equipped kitchen and bathroom, parquet and tiled floors. The chalets come with a touch of elegance and scads of fine qualities: top-brand fittings and fixtures for that upmarket touch and feel, including Mobalpa, Line Art, Grohe and Jacob Delafon. Comfortable living is ensured with underfloor heating, two parking spaces, Wi-Fi and satellite television. For the ultimate luxury, an optional wood burner or classic fireplace will fill the house with that distinctive type of warmth that is homely and inviting. A furniture package is available, providing owners with a complete turn-key investment. For a completely hassle-free property investment, there is also a professional management company to run all aspects of holiday home ownership: from lettings and marketing, to concierge and cleaning. Buyers of the freehold properties who sign a commercial lease with the property management company may

recover the VAT (currently at 19.6%) on the acquisition price, while enjoying complete flexibility, being able to use their property as much as they wish. The luxury boutique property is situated in the neighbourhood of Les Perrières, approximately 900 metres from the centre of the village, while shops and restaurants are only 50 metres away. The chairlift Perrières Express, the draglift Le Château and piste Mélèzes are 200 metres away. Enjoy fine mountain living in the perfect vacation mountain home. Prices: From €385,000 (incl. VAT). CONTACT

International Luxury Real Estate www.ilre.com +44 (0)20 7095 8701

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Glitz, glamour and world-class Cordon Bleu skiing - fine mountain living does not get better than in Courchevel Luxury ski residences offer a totally decadent Alpine experience

wo key groups of investors traditionally have been attracted to the idea of buying French Alps properties – keen skiers in search of altitude resorts with fast access to a good skiing area, and lifestyle buyers searching for that authentic Alpine village vibe. It is extremely difficult – nearly impossible – to obtain a building permit in the Three Valleys, so prices remain strong and keep on rising. Properties in these sought-after locations have held up well throughout the economic troubles because there is simply not enough supply to keep up with demand. From its off-piste adventures, to its glitzy slopeside bars and Michelin-starred restaurants, the French ski resort of Courchevel remains the most glamorous in the world. The high-altitude skiing is superb, with breathtaking views and beautifully groomed pistes, making the stunning resort of Courchevel one of the most desirable places for a holiday home in the Alps. Courchevel is a part of the vast Trois Vallées ski area – an exceptional, internationally renowned playground that links the resorts of La Tania, Méribel, Brides-lesBains, Les Menuires, Saint Martin de Belleville, Val Thorens and Orelle, and Courchevel itself.

It is the largest ski area in the world, linked by runs and 180 ski lifts, with 600 kilometres of connected slopes. The Three Valleys slopes are situated at altitudes between 1,300 and 3,230 metres, with 85% of the ski area above 1,800 metres, 25 accessible summits – including ten above 2,500 metres – and four equipped glaciers. Courchevel is made up of five village-resorts – each station with its own personality and fans – offering the best combination of world-class skiing and chic shopping and dining in all of France. Courchevel alone offers 150 kilometres of downhill runs on 119 pistes, with 62 lifts rising to altitudes of 2,700 metres. Additionally, demanding skiers appreciate the 66 kilometres of cross-country ski runs through the forest of Courchevel. The small village of Courchevel Moriond is much more relaxed than its sophisticated higher-altitude – and higher-attitude – neighbour, Courchevel 1850. Most skiers who stay in Courchevel Moriond are attracted by the authentic mountain village experience. It is the second highest of Courchevel’s villages and famed for its varied terrain and quiet, wellgroomed pistes. The slopes that this resort

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can call its own are, in many respects, a secret snow paradise, uncharted by the majority of skiers who visit the area. The village has a large permanent population and many businesses are open for summer trade, when bikers, walkers, golfers and mountain lovers pay a visit. New properties without a leaseback scheme attached to them are extremely rare in the French Alps, hence they attract plenty of interest whenever they become available – interest from those who know they will achieve the best capital growth and will be able to resell easily. For the lifestyle buyer looking for a newly built property in Courchevel, this fine mountain retreat offers a compelling proposition. Superbly located in Courchevel Moriond and affording panoramic views, the luxury property is within walking distance of the slopes, lifts, shops and restaurants. With only nine ski residences in three chalets, here is a sanctuary crafted from two words – intimacy and exclusivity. The exclusive collection of stunning new 3-bedroom apartments, 4-bedroom duplex penthouses and 5-bedroom chalet-style residences is offered on a classic freehold basis, with no restriction on usage. The impressive mountain homes will be designed and built to exacting standards, with spacious accommodation and the finest craftsman finishes. The beautiful décor is characterised by a harmonious composition of alpine elegance and luxurious understatement, blending perfectly into the sophisticated environment. Decorated with quality materials and a range of understated colours, each ski residence oozes warmth, charm and inconspicuous luxury. Its classic-modern style combines comfort and the latest technologies to bring out a refined atmosphere of serenity. Cladded with stone, wood and stone slates, the property mixes tradition and 86

innovation to combine modern comfort and a sustainable building. Those privileged to own one of the ski apartments will enjoy the incredible amount of space on offer, with living areas that range from 66m² to 237m². Each unit has been conceived as a real home in the mountains. Generous bedrooms with built-in cupboards, large open-plan living rooms, fully fitted kitchens and bathrooms, all designed for carefree living. For the ultimate outdoor indulgence, each mountain home boasts an oversized terrace, ranging from 16m² to 121m². Parquet floors, quality tiling in the bathrooms, wood doors – the designers have thought of everything. Underfloor heating and central hot water ensure a peaceful relaxation after a great day outdoors. Satellite television and high-speed Internet are standard equipment in every apartment. The latest home automation technology will allow remote management and monitoring of the property. Owners can look forward to total hassle-free ownership. Those interested in renting out their home when not in use have access to a complete turnkey programme that includes furniture package and rental management. With no usage restrictions, owners may want to sign a rental mandate or a commercial lease with a rental management company. Investors may be eligible to recover the VAT on the acquisition price of their residence. A signature of timeless elegance and luxurious comfort, these sophisticated ski residences will be styled perfectly for fine Courchevel mountain living. Prices: From €755,000. CONTACT

International Luxury Real Estate www.ilre.com +44 (0)20 7095 8701

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Image: Courchevel Tourisme Patrick Pachod

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INCOMPARABLE CONVENIENCE & STYLE

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Image: Balade/Office de tourisme Les Gets

Luxury mountain homes combine spaciousness with the elegance of traditional Alpine design, superior finishes and fittings

or years, France’s Alpine resorts have dominated the ski property investment market, attracting smart buyers who are drawn by the region’s stunning slopes. The exceptional skiing, with high-altitude resorts and vast domaines of slopes and lifts, will continue to attract increasing numbers of skiers and snowboarders from all over the world. Certainly the proliferation of low-cost airlines has helped the trend but increasingly, buyers have come to take advantage of the Alps’ summer charms as well as the snow. This has significantly augmented the appeal and increased the justification for buying alpine property. Increasingly, buyers are searching for ski properties in France that are situated in the best locations, which often means within 200 metres of the pistes, lifts and amenities. Investors prefer these locations because they provide the best return on investment, but now, lifestyle buyers are beginning to catch the interest in these properties as well. With access to 650 kilometres of slopes stretching from Lake Geneva in Switzerland to Mont Blanc in France, the vast Portes du Soleil area offers near-limitless skiing. Widely regarded as the world's largest internationally linked ski area, it is difficult to beat the skiing in Les Portes du Soleil. With varied terrain across 12 resorts, the extensive landscape is perfect for all levels of skiers and snowboarders. A natural powder reserve at the heart of the Alps, the Portes du Soleil enjoys an exceptional snow record, with an average snowfall of eight metres every year from mid-November to the end of April. The 195 lifts that cover 286 slopes in Les Portes du Soleil can all be utilised with a single ski pass, which means that visitors have access to a colossal area of skiing territory that is hard to match anywhere else in Europe. Ideally located in the heart of the village of Les Gets, this boutique development is an exquisite property where timeless elegance, relaxed luxury and a spectacular Alpine setting make

it the ideal spot for buying the dreamed-of French ski apartment. Enjoy a prime location in the heart of the village, steps from shops and restaurants and 150 metres from the pistes and ski lifts (Mont Chéry and Chavannes). Exclusive, classy, low-key and desirable, only 44 ski properties will be available. Creating a world of warmth and mellow atmosphere, the ski chalet-style building keeps with the traditional alpine design, using stone, slate and wood. Impressively spacious and well-presented, the 3- and 4-bedroom residences offer 86m² to 126m² of living space. An open living room promotes conviviality, while the modern kitchen is fully equipped and fitted. Full of character and authentic Savoyard charm, the delightful chalet apartments are designed to maximise the pleasures of mountain life. Oversized private balconies boast breathtaking views and provide owners with their own outdoor sanctuaries. Combining the highest standard of comfort and luxury, the elegant mountain homes are done out with fine fittings and modern amenities, including underfloor heating, satellite television, Wi-Fi, underground parking, cellar and ski locker. A refined but informal ambiance is enhanced by a welcoming fireplace/woodburner in some of the mountain retreats. Aimed at delivering fine and carefree living, owners have access to gorgeous wellness facilities, such as spa treatment rooms, hammam and two Jacuzzis. Les Gets is the prettiest resort on the huge Portes du Soleil ski arena, full of traditional Alpine charm. With its winning combination of a delightful authentic mountain village and easy access to 650 kilometres of superb skiing, it is no wonder Les Gets has proved a popular destination for its value-laden ski properties. Located only an hour from Geneva, Les Gets is also one of the more easily accessible resorts in the Alps.

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The fairytale resort is in a village that has retained its heritage and mountain authenticity with an appealing mixture of old chalets in the distinctive Savoyard style, which blend to create a charm and character coupled with a warm welcome from friendly locals. There is a colourful main street, enhanced by winter lights and music, with plenty of shops, bars and restaurants, an ice rink, a lovely church and a square where a lively market is held weekly. Les Gets assigns great importance to welcoming children and ensuring they partake in all the fun. Child-friendly ski areas, such as the Territoire du Grand Cry, the Mappysâ&#x20AC;&#x2122; area and the ice rink, as well as after-skiing activi90

ties and professionally run nurseries, make Les Gets a paradise for magical family holidays. The Alpine village is one of the oldest winter sports resorts in France and was a pioneer of ski holidays. It is here where the first Ecole du Ski FranĂ§ais was established in 1940. Thanks to the 120 kilometres of slopes and 48 lifts, Les Gets is one of the biggest ski stations in Haute-Savoie. Now a world-class resort, there has been heavy investment in recent years in a series of state-of-the-art lifts. Les Gets' location guarantees some of the best snowfalls in Europe. Despite sitting at a lower elevation than some resorts, records since 1962

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show that it has a better snow history than higher elevation resorts such as Val dâ&#x20AC;&#x2122;IsĂ¨re. This is all thanks to Les Gets' grass-based pistes, which require less snow for skiability than rockbased resorts at higher altitudes. In addition to the unparallelled winter wonderland at its doorstep, in summer Les Gets is renowned for its wide range of activities in breathtaking scenery, including hiking, mountain biking MTB/VTT, parascending, horseback riding, golf and canyoning. The increasing popularity of Les Gets as a summer resort has also increased the rental potential to encompass a whole other season.

Other popular ski resorts practically shut down in the summer and offer little to no chance of rental during the warm months. A convenient location makes this property an unrivalled choice in Alpine living. It is a superb example of luxury and finesse, where owners truly can savour the fine details of their blissful abode. Prices: From â&#x201A;Ź682,500. CONTACT

International Luxury Real Estate www.ilre.com +44 (0)20 7095 8701

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Image: Gilles Place/Office de tourisme Les Gets

A True Definition of Mountain Luxury Stylish high-level retreat offers investment opportunity extraordinaire

ith an abundance of low-cost airline routes, more tourists than any other country in the world, short flight times and the great choice France offers for both snow and sun lovers, it is easy to see why France remains a favourite with overseas property buyers and regularly tops quality of life polls. In challenging times, owners and investors seek safe havens and they simply do not come more secure or enjoyable than France. France’s ski property market continues to expand, due in large part to the potential 92

for a second home with strong rental appeal that Alpine properties provide. With demanding investors casting a critical eye on a resort’s infrastructure – such as its lift system and accessibility to the entire ski area and 12-month appeal – the Portes du Soleil understandably fares well. Portes du Soleil, encompassing 12 linked resorts that stretch across the French-Swiss border from Mont Blanc in France to Lake Geneva in Switzerland, has been a major player in the world skiing market for four decades.

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The property market here is buoyant and the area’s dual season appeal and ease of access via Geneva mean that it is popular all year round with tourists and attractive rental yields can be achieved through freehold properties. The immensity of the Portes du Soleil – a succession of valleys in a wild nature reserve – makes it a haven for skiers. Villages run the gamut, from the purpose-built, functional Avoriaz, to the postcard-like Les Gets. The resorts making up the area are: Avoriaz, Châtel, Les Gets, Morzine, Abondance, Chapelle d’Abondance, St-Jean d’Aulps and Montriond on the French side, plus lie Champéry, Val-d'Illiez–Les Crosets– Champoussin, Les Crosets, Morgins, Torgon and Val d'Illiez in Switzerland. Popular for skiing, snowboarding and almost every other type of winter sport, the area is a snow enthusiast’s Mecca, offering 650 kilometres of marked pistes and 195 lifts, spread across 14 valleys and about 1,036 square kilometres. There are an impressive 286 ski runs across the region, covering 650 kilometres of slopes. For early- and late-season skiing, snow can be augmented by an army of 764 snow cannons. There are also 243 kilometres of cross-country skiing, 11 snowparks, three half-pipes, five boarder crosses and abundant off-piste skiing, as well as a modern lift system and an excellent choice of mountain restaurants. With elevations up to 2,466 metres, the Portes du Soleil offers a wide range of climates, from glorious sunshine around Lake Geneva, to some of the Alpes’ best skiing conditions in high-altitude resorts such as Chatel, Avoriaz and Les Gets. In summer, the Portes du Soleil is the kingdom of mountain biking and walking. It features 650 kilometres of posted tracks, 10 permanent downhill runs, four bike parks and 24 ski lifts that accommodate mountain bikes. Aside

from mountain biking, one may also use the same routes for hiking. There are also special climbing areas. With Lake Geneva and the resort of Evian just over half an hour away, and other resorts close by, it is a breeze to experience a change of scenery. Just an hour from Geneva airport, the charming and authentic mountain village of Les Gets is part of the extensive Portes du Soleil ski area. Family-friendly, it offers just about everything owners of ski property in the French Alps could want from a winter resort. The short transfer time – arguably one of the shortest in the Savoie region – means owners of ski homes in Les Gets can realistically catch an early fight and be on the slopes by noon. The traditional dairy farming village, a community that dates back to the 12th century, features a mix of old Savoyard chalets and more modern wood-and-stone buildings, constructed in keeping with the beautiful alpine surroundings. The village offers all the facilities anyone would expect of a modern French ski resort, whilst retaining the charm of an 900-year-old alpine community. Les Gets has Ski France's Famille Plus Montagne certification with one of the strongest reputations as a family-friendly resort in France, and indeed all of Europe. It actively welcomes children and offers countless activities for all ages, including a snow garden, its Grand Cry American-Indian Reserve-themed ski area and Espace des Mappys Beginners’ ski area. The Ecole de Ski Français runs a nursery for very young children, and an activity club with ski lessons for children, with English-speaking staff and a range of activities such as snow games, sledging and walking. Les Gets is not only a winter resort – it has plenty to offer visitors in summer, too. Les Gets is the jewel in the crown of the French Alps

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for mountain biking. It has the most extensive single-track and downhill systems in the Alps, and the largest number of lifts open for mountain bikers of all abilities. Expect to find downhill courses, bike parks, north shore trails, extensive cross-country trails and even kids’ zones. It also boasts a fantastic 18-hole golf course with panoramic views of Mont Blanc. The area is great for walking and hiking, and there is even a large natural swimming lake. Other activities on offer include canyoning, fishing, mini-golf, tennis, horseback riding, go-karting and water sports. This luxury ski property, situated in a muchsought location, provides a refined home ownership opportunity for discerning buyers looking for alpine elegance. It is a limited collection of only ten luxury homes, created in the spirit of authentic mountain living.

Boasting a peaceful location, the boutique development is situated in the Les Clos area of Les Gets. It is very well positioned: only 200 metres from the centre of the village, with access to all facilities, shops, bars and restaurants, and 400 metres from the chairlift Chavannes Express, the bubble lift Chavannes and the drag lift Le Vieux Chêne. With living areas ranging from 64m² to 127m², the 2- to 5-bedroom Alpine residences offer spacious volumes. Designed with comfort and luxury in mind, the stylish ski apartments are equipped to the highest standards, with fully fitted kitchens and bathrooms from leading brands such as Mobalpa, Line Art, Grohe and Jacob Delafon. The south-facing mountain homes come with private balconies, creating an ideal setting for endless outdoor enjoyment.

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Affording stunning views of the domaine, considerable emphasis has been placed on maintaining the authenticity of the chalet residences. Time-honoured craftsmanship and exquisite wood will be used in order to provide a feeling of true Alpine charm and traditional mountain ambiance. The ski properties come with solid parquet flooring, underfloor heating, private underground parking and cellar space. Optional word burners or classic fireplaces create a warm and inviting atmosphere. For turn-key convenience, a stylish furniture package is available at extra cost. Optional services include concierge, cleaning, linen, rental and management. There is a significant increase in the desire for carefree holiday home ownership, and owners

will be offered the option to enjoy regular rental income by renting out their freehold property under a letting agreement. There is a wellestablished management company in place, which offers rental services based on a commercial lease. Investors will benefit from the 19.6% VAT rebate on the chalet’s purchase price. There are no restrictions on usage – one may choose to use their chalet any time they wish. Such exquisitely designed homes embody the luxury of fine mountain living in the French Alps. Prices: From €485,000. CONTACT

International Luxury Real Estate www.ilre.com +44 (0)20 7095 8701

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FRENCH RIVIERA

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Luxury, Elegance, Perfection www.theaddressmagazine.com

A Provençal-style residence showcases a harmonious blend of commanding views, elegant living spaces and superior privacy

imited inventory, strong international demand and high-net-worth individuals’ increased appreciation for first-class lifestyle offerings have pushed prices for premier homes toward historic highs in many prime destinations around the world. Among them, the French Riviera ranks amongst the most stable and soughtafter second-home markets anywhere on the globe. A prized vacation home destination, Côte d’Azur remains immune to many of the economic concerns that drive the global housing market. The French Riviera itself is indisputably one of the most beautiful and desirable regions in all of Europe, and indeed, in all of the world. The attractiveness of French Riviera real estate is determined by a combination of factors: fabulous sunny climate, high glamour and 98

the celebrity factor, beautiful beaches, exclusive shops, top restaurants, wonderful festivals, legendary events and plenty of culture. Adding to the region’s allure, the lifestyle is perfectly summed up as l’Art de Vivre, or the Art of Living. Strong momentum in the luxury property market is also being driven by scarcity of quality inventory and demand from international buyers for prestige French Riviera real estate. Add to that the extremely limited supply of development land on the Riviera and the fact that demand has always been greater than supply, and it is perfectly clear why the region offers a safe and stable environment in which to buy property. If the British, along with Americans, Italians and other continental Europeans (especially from Switzerland www.theaddressmagazine.com

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and the Nordic countries) have long been the traditional players in the luxury real estate market, the French Riviera has started to attract a more diverse international clientèle, particularly from Russia, Eastern Europe and the Middle East – buyers predominantly interested in properties in a higher price bracket that are trophy assets, such as vineyards, castles and imposing bastides. Its pure beauty, supreme exclusivity and gorgeous Mediterranean setting combine to make this prestigious bastide a most coveted address in Villefranche-sur-Mer. Captivating and carefree, tastefully appointed and steeped in luxury, the villa is built with Provençal elegance. The stunningly beautiful residence is sure to impress from the moment one enters, with its unquestionable charm and undeniable comfort. Affording breathtaking panoramas of exceptional beauty and perfect peacefulness, the deluxe villa boasts magnificent views toward the sea and Villefranche. Designed with style and flair that includes many fine features, the splendid villa offers the perfect combination of charming outdoor living areas with luxurious interior accommodations. Magnificently presented, the generous 430m² floor plan includes five inviting bedrooms, a sophisticated 100

living room, dining room with fireplace and a superb kitchen. The refined villa also is equipped with an elevator and a garage that accommodates several cars. The exposed wood beams, fine wood carpentry and tasteful decoration exude an air of splendid sophistication and timeless allure. The wonderfully seductive villa sets the stage for the ultimate indoor-outdoor lifestyle. Outdoor entertainment can be enjoyed throughout, with a dining area, heated swimming pool and summer kitchen. So much more than just a functional home, the standout Provençal stone villa allows full enjoyment of the idyllic beauty conveyed throughout its sprawling grounds. Graciously set on a private plot of 3,000m², the distinguished family home stands as an oasis of splendour amidst the lush Mediterranean greenery. For added prestige, privacy and security, the deluxe property is located in a gated domain. Communicating a sense of exceptional grace and refinement, this elite residence provides a luxurious lifestyle of the highest calibre. Price: €8.5 million. Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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Flawless Design with Views to Match A super-modern and exclusive glamour pad in a prestige location

hic and cosmopolitan with an abundance of culture, the French Riviera is the quintessential Mediterranean playground. Exuding glamour, luxury and over the top fabulousness, the region has long been linked to images of refined elegance and the haute lifestyle. From the Italianate pastel charms of Menton and Nice, to the sexy, sybaritic lure of Cannes and Saint-Tropez, the sun-splashed Côte d’Azur has it all. Loved for its glitz, traditions, culture and exceptional year-around climate, members of Europe’s aristocracy, artists and actors have flocked to the French Riviera for centuries. The sparkling deep blue Mediterranean, the swaying palm trees, the stunning coastline, the historic towns brimming with art, the beautiful countryside and the silubrious climate are all key characteristics of the stylishness that is synonymous with the French Riviera. This is a captivating region, known for its fine food, medieval villages and glitzy Riviera towns. The list is endless. And with www.theaddressmagazine.com

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300 days of sun and the Alps at the doorstep, it is a rare and highly desirable destination. It should come as no surprise, therefore, that many people dream of a place to call their own on the Côte d’Azur. A firm favourite on the international property scene, the French Riviera has stood the test of time and remained strong through good times and bad. Traditionally most luxury holiday home buyers are British, Russian and Italian. More recently, there has been a surge in Scandinavian, Dutch and German buyers. Boasting some of the very best luxury villas on the French Riviera, Villefranche-sur-Mer is arguably the most charming authentic French and Niçoise fishing village in the region. A haven of peace untouched by time, this town has succeeded in preserving the allure of an 106

old-fashioned seaside village with its delightfully picturesque harbour, colourful Old Town façades and striking citadel. Showcasing an almost impossibly stunning setting, this ultra-modern villa is set on the heights of Villefranche-sur-Mer, considered to be one of the most sought-after spots on the Riviera. Sitting in a place of eternal beauty, the luxurious residence affords magnificent views of Cap Ferrat and the Bay of Villefranche, one of the prettiest in the world. Triumphing aesthetically modern and stylish architecture, the sophisticated villa reflects understated elegance and an incomparable style. Representing the best of design excellence and contemporary luxury living, the modern styling brings a clean aesthetic to the home.

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The fine 4-bedroom villa is characterised by pure geometric lines, vast expanses of glass and dramatic sun-filled spaces. The atmosphere is uplifting and inspiring, with dazzling panoramic views, flawless design, flowing open spaces with high ceilings and magnificent light. The palette is minimal, cool, sober and naturally elegant. The 280mÂ˛ residence features generous, superbly designed spaces filled with high style and striking contemporary elements. No expense has been spared to ensure a luxurious lifestyle, with the kitchen and living areas equipped with the latest in technology and appliances. The elegant villa brings the South of France's signature style to life â&#x20AC;&#x201C; casual indoor-outdoor living that takes advantage of the area's

pleasant year-round weather. Bringing together nature, beauty, tranquillity and privacy in perfect harmony, the deluxe villa sits on 1,680mÂ˛ of elevated private grounds. A splendid outdoor area with a breathtaking swimming pool, as well as a gorgeous roof terrace, further enhance the X-factor of the exclusive property. Perfect for those who are seeking exceptional style and sleek comfort, this property defines a new era in ultra-modern holiday homes on the French Riviera. Price upon request. CONTACT

Modern Homes Worldwide www.modernhomesworldwide.com +44 (0)20 7095 8701

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Contemporary Design Precision A coveted villa celebrating a panoramic setting with an equally sophisticated style

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he French Riviera real estate market continues to cement its place among the best in the world. It delivers the glitz and glamour rivalled by few places anywhere. The world’s most celebrated playground and glittering haunt of the bronzed and well-heeled, the Côte d’Azur delivers an enviable lifestyle, beautiful surroundings and an inviting year-round climate. Enjoying 300 days of sun, with the Alps at its doorstep, the French Riviera is a rare and highly desirable second-home destination. Ultra-high-net-worth individuals understandably view luxury homes in Côte d’Azur as a sound investment. The region is blessed with sun, magnificent beaches, prestigious yacht marinas, fine restaurants, elegant casinos and its “arrière pays” or back country – a true haven of beauty, brimming with www.theaddressmagazine.com

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authentic Provençal flavours and fragrances. With the exception of Saint-Tropez, no other place in the region is more than 30 minutes from Nice airport, and each is within 20 minutes of the sea. Located in the coveted area of Mont Boron in Nice, this prestige villa delivers – through its spaciousness, layout and modern comfort – a sophisticated and contemporary lifestyle at its best. Boasting clean lines and sleek symmetry, the extraordinary villa is the perfect example of impeccable modern architecture. The luminous residence stands as testament to the ways in which outstanding design 110

and attention to detail can merge to create a singularly stunning environment. Every aspect about the villa spells luxury and exceptional living. Here is where location and luxury meet in sheer harmony. With warm stone exterior and sleek white walls inside, seamless transitions integrate the house with its surroundings with flawless precision. Overlooking the Mediterranean Sea, the design includes vast expanses of glass to facilitate the enjoyment of views in every direction. The impressively remodelled villa is designed with elegant spaces that link effortlessly to create a harmonious flow. Showcasing

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320m² of stylish aesthetics, the glamorous villa features a sleek, fully equipped kitchen, a spacious master suite with access to the terrace and three additional ensuite bedrooms. The pièce de résistance is the jaw-dropping living room, a magnificent space with incredible volumes and distinctive details, including a striking fireplace. The deluxe villa is also equipped with a Jacuzzi. Nestled comfortably in 3,250m² of private grounds, the villa creates a sense of privacy while offering magnificent and panoramic views of the sea and the Cap d’Antibes from every window. The gorgeous residence is surrounded by a beautiful garden, complete

with palm trees, olive trees and other Mediterranean plants. There is a stunning swimming pool, which further emphasises the subtle elegance present in the amazing residence, as well as a pool house and 4-car garage. This exclusive property offers a fabulous retreat for anyone with a penchant for the Riviera glamour and the prestige of exclusivity. Price: €4.2 million. CONTACT

Modern Homes Worldwide www.modernhomesworldwide.com +44 (0)20 7095 8701

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Luxury has a new address

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A brand new, exclusive Riviera property that will offer stylish elegance and perfect lifestyle in a prime location

he safe and stable property environment of the South of France continues to attract committed buyers in search of a second home. Those who purchase French Riviera real estate are attracted by the region’s superb beaches, glittering sea, stunning backdrop of mountains and snow, and ancient picturesque villages – each one boasting fabulous cuisine. This is also where the Alps meet the sea in spectacular and dramatic fashion. Côte d’Azur is considered to be one of France’s finest skiing regions, with mile upon mile of challenging pistes within two hours of the coast. But the main draw for buyers to the South of France remains its overall lifestyle, because the Riviera’s sense of style and Joie de Vivre remains unmatched. One of the jewels of the south, Villefranche-sur-Mer is one of the most charming villages on the French Riviera in the heart of the Côte d'Azur. Steeped in

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history, the delightful French fishing village boasts a picturesque medieval seaside setting of narrow cobblestone streets, terracotta-hued houses and a profusion of flowers and plants tucked away in little corners. With Monaco on one side and Nice on the other, it is hard to believe that Villefranche-sur-Mer can retain the charm and authenticity of a small village where people greet one another, stop for a little chat or simply watch the day pass by. With its micro-climate, it is perfect here all year round. Heritage, culture, vibrancy, modernity, beauty and tradition all come together to make the well-preserved historic village one of the most coveted coastal communities on the French Riviera. Although it is such an authentic village, Villefranche-sur-Mer is also surrounded by a fascinating international scene. Many investors appreciate that a city as diverse, beautiful and interesting as Nice is only ten minutes

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away. Nice has so many enchanting corners to explore, not to mention the numerous museums, shops, markets, galleries, opera and symphony orchestra venues and restaurants. Then there is Monaco, just 15 minutes away, while Cannes and Antibes are 30 minutes and Italy 45 minutes away. One of the finest walks in the world is also on offer here – the coastal walk around Cap Ferrat, an 11-kilometre route at the water’s edge that rewards visitors with incredible views, spectacular villas and the most magnificent yachts. In a highly coveted location, this limited collection of properties represents a rare chance to own a new-build vacation home or pied-aterre in Villefranche-Sur-Mer. Boasting an impressive elevated vantage point that affords breathtaking views across the famed and spellbindingly romantic harbour 116

and the bay – regarded as one the most stunningly scenic bays in the world – the sea view property offers a prestigious setting. It is just a 400-metre walk to the quaint harbourside along ancient cobbled streets. Ideal as a primary residence or an elegant holiday home, it is the perfect place to discover the unparallelled Riviera lifestyle. Each of the studios and the 1- to 4-bedroom luxury apartments enjoys a private balcony or terrace, setting the stage for enjoying the achingly beautiful scene. The incredible position affords views of one the world’s most iconic seascapes, the village’s mosaic of rooftops dominated by the Baroque church tower of Saint-Michel, as well as the Mediterranean Sea and Cap Ferrat. The hallmark of modernity is captured in the contemporary design, while the immaculate interiors provide luminous stylish living areas.

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Large picture windows flood the exclusive residences with warm Mediterranean light and make the most of the dazzling sea views. The property boasts the utmost in style and luxury finishes. Throughout its design, construction and operation, the property will adhere to the highest possible standards and practices, complying with the latest RT 2012 energy use regulations. Residents will be able to take advantage of concierge services, dedicated to making their life easier and more enjoyable. From daily chores to dramatic celebrations, living here will afford a care-free lifestyle. Owners will also be treated to an imposing foyer and landscaped gardens. Offering maximum convenience and comfort, the fine Riviera property enjoys a host of amenities in the immediate vicinity:

banks, post office and administrative agencies, medical facilities and shopping, not to mention the fine dining on offer at the restaurants of the Port de la SantĂŠ. Every week, a ProvenĂ§al market is held just a short stroll away in the pleasant Jardin Binon. Discover the picture-perfect lifestyle. This newly built property promises to be one of Villefranche-sur-Merâ&#x20AC;&#x2122;s most desirable modern residential developments. Here owners will enjoy the ultimate in location, views, quality and style. Price on application. CONTACT

International Luxury Real Estate www.ilre.com +44 (0)20 7095 8701

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The Heights of Pure Luxury A stunning villa combining architectural elegance and contemporary design

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lways fashionable, the French Riviera’s timeless beauty has captivated the hearts of many. For centuries, the Côte d’Azur has been attracting the rich and famous, from British aristocrats and Russian nobility, to American movie stars and European artists. The continuing and long-standing love affair between international buyers and Côte d’Azur means that purchasing property here is regarded as a safe investment. There is also limited space left to build on, which is pushing prices up, according to the rule of supply and demand. And demand has always been greater than the supply on the Riviera. The French Riviera enjoys a glamorous lifestyle, gorgeous natural environment, rich cultural heritage and an enviable climate year-round. Centrally located in the heart of Europe and with easy and fast access from Nice International Airport to every main capital in Europe, the region boasts country and coastal estate jewels in spectacular locations such as Eze, Monaco, Saint-Jean-Cap-Ferrat, 120

Roquebrune-Cap-Martin, Villefranche, Cannes, Cap d’Antibes and Saint-Tropez. All are surrounded by breathtaking beaches, marinas and golf courses, with the Alps’ ski resorts within easy reach. The Cap Martin peninsula is one the most sought-after and exclusive areas, thanks to its dazzling views and proximity to Monaco and Italy. It is also known for its elite clientèle and for its prestige villas. There are few places more delightful than Roquebrune-Cap-Martin, which is a perfect little piece of Riviera magic. Designed to meet the requirements of the most demanding clientele, this elegant villa celebrates its coveted setting with an equally sophisticated design. With a superprime address in Roquebrune-Cap-Martin, at Monaco’s doorstep, the stylish private villa captures the essence of seamless indooroutdoor living and entertaining. A paradigm of contemporary style, the striking architectural wonder of the villa makes

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dramatic use of glass, natural light, clean modern lines, a soothing minimalist palette and breathtaking vistas. Understated luxury pervades the serenely elegant living environment, and modern aesthetic at its best is showcased in the sun-filled spaces. The refined residence features generous, superbly designed accommodation with stunning style, flawless functionality and timeless ambiance. Offering 250mÂ˛ of design aesthetics, the fine villa brings together an intelligent balance of innovation and sophistication in a familyfriendly home. With its simple yet effective zoned living, the residence combines comfort and privacy with modern style. It features three bedrooms, a wonderful living room, dining room and kitchen - all opening out to substantial terraces. The luxury villa also comes with a lift and 3-car garage. Equally stylish and modern are the southfacing villa's extensive outdoor living areas.

The lovely garden, wonderful pool and the many terraces provide generous space for entertaining and relaxing, while the blue-hued panoramas complete the picture to perfection. From its impressive elevated vantage point overlooking Monte Carlo Beach Club and Country Club, the Monaco skyline and the Mediterranean Sea, the splendid villa invites discovery of this haven of glamour and beauty. Located in an exclusive domain, the deluxe villa is within walking distance of the beach. In an area that gracefully melds tradition with sophisticated style, this superior villa defines the ultimate in modern elegance and prestigious location on the French Riviera. Price: â&#x201A;Ź6.95 million. CONTACT

Modern Homes Worldwide www.modernhomesworldwide.com +44 (0)20 7095 8701

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ITALIAN LAKE DISTRICT

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Grandeur and heritage meet contemporary elegance An exquisite palace villa with a strong sense of exceptional style and heavenly calm

ong having charmed visitors, Italyâ&#x20AC;&#x2122;s mountain-fringed Lake District remains one of the most idyllic spots in Europe, redolent in heritage and sophistication. In such a dramatically beautiful region, snow-capped Alpine peaks form the backdrop for serene lakes surrounded by palm trees, scenic villages and grand villas. This is where Italy meets Switzerland, where each turquoise lake enjoys its own unique character, a character also reflected in the charming towns, majestic villas and lush

gardens that adorn the shorelines. As a primary and second-home location, the Italian Lakes continue to appeal to an international mix of buyers as well as wealthy Milanese. In addition to the stunning landscapes, it is the districtâ&#x20AC;&#x2122;s proximity to Milan, the second-largest city in Italy and the centre of fashion, business and industry, that has helped to maintain healthy real estate prices. Lake Orta, one of the smallest and least known of Italyâ&#x20AC;&#x2122;s Alpine lakes, is a place of sublime moments. The bewitching allure of Orta,

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a secluded jewel to the west of Maggiore, makes it what is considered by many to be the most romantic setting in the whole of Italy. It is telling that the Milanese call it La Cenerentola (Cinderella), because they have long considered it the superior sibling to the larger, better known and more moneyed lakes of Como and Maggiore. 126

Lake Orta's restrained beauty is unrivalled. The clear waters, the noble Italian villas surrounding the lake, the quietly refined atmosphere and the delightful island of San Giulio make it an enchanting place. It is not just the simple beauty of its landscape and its wealth of history and art that makes Orta stand out among the others, but its

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low-key, mystical allure. The Romanesque and Baroque architecture, the enchanting island, the light, the shimmering water, the dramatic landscape and picturesque villages combine with a mild climate to make Lake Orta a perfect spot to purchase a luxury property. Here is a rare palace villa, a place of understated elegance, sophisticated indulgence, a

historic faĂ§ade and interiors rich in nuance, both traditional and contemporary. Add the modern luxuries and what is offered is nothing short of spectacular. Dating from the 17th century, the exclusive mansion has been extravagantly and skilfully refurbished to create one of the areaâ&#x20AC;&#x2122;s most outstanding residences. The building under-

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went an extensive restoration in 2012 to be transformed into a magnificent family home that retains its original heritage features. A stunning amalgam of classic aesthetics and contemporary luxury, the extraordinary palace residence exhibits the finest in traditional design and architectural appointments, augmented with superior modern detail. Enter through the large gate and be magically transported through a lovely courtyard and a small romantic garden that is adorned with gracious columns. With an abundance of style and elegance, the historic palace property offers 600m² of sumptuous space and luxury. The living room is extensive and extravagant. There is a dining room, library, music room, studio, kitchen and four bedrooms, plus marble bathrooms for that extra touch of luxury. The exquisite residence also features a spa with an indoor heated pool, waterfall, tub, chromo therapy and Turkish bath. With period details that conjure the splendour of a bygone era, the villa's original wood flooring, large fireplaces and coffered ceilings create a sensational setting for classic modern living. The villa is surrounded by a wall for maximum privacy, and comes with a 300m² garden in which to enjoy the many sunny days and balmy starlit nights. The beautiful porch, with a vaulted ceiling, allows for glorious views of the lake and San Giulio, shimmering in the lake. The splendid villa is situated between the dazzling Lake Orta and the gentle slopes of Mottarone. It is just 45 minutes to the excitement and vibe of Milan, with its never-ending offering of cultural events and unforgettable shopping. The prestige residence lies in the exclusive hamlet of Vacciago, just five minutes from the picturesque town of Orta San Giulio. Lake Orta is a destination of choice for its relaxed, yet sophisticated atmosphere and its proximity to golf courses and watersports. From the perfect address, owners will be assured of the desirable balance between luxurious living and enriched lifestyle. Here is a deluxe palace villa that offers Old World grandeur with a modern twist at its finest. Price: €1.8 million. CONTACT

Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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Lake Beauty A spectacular villa with heavenly panoramas on offer

he timelessly elegant Italian Lakes have for years been the favoured haunt of artists, poets and naturalists, as well as the well-heeled of Milan and discerning overseas property buyers. It is a place of history, rich culture, classic architecture and incredible countryside. It will forever retain its appeal as a holiday destination, a place for vacation and second homes alike. The allure is the stunning mountain scenery, the clear waters and the balmy climate. Investors searching for a stable market know the Lake District of northern Italy offers the saleable lifestyle they seek. Often referred to as an â&#x20AC;&#x153;unpretentiousâ&#x20AC;? version of the French Riviera, it is easy to see why Lake

Como is such a desirable spot. With sophistication and traditional charm, Lake Como has been a favoured destination for discriminating buyers for centuries, and today caters to a broad international market. The glamour, the beauty, the sense of intrigue that can only be found in Lake Como is experienced through its unique lifestyle. It it all. Visitors are beckoned by the awe-inspiring views glimpsed through parallel mountain chains, and picturesque villages nestled along the shoreline and climbing up the hillsides. Nearby Milan is the global fashion and cultural capital. There is the legendary Villa dâ&#x20AC;&#x2122;Este Hotel and international celebrities such as George Clooney. And there are the residents, people

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who have come from all corners of the globe, attracted by its unique quality and a lifestyle that Lake Como has made its very own. The recent economic downturn has had very limited impact on the prestige and luxury real estate sector in places with the enduring allure of Lake Como. Demand for Lake Como property has proved solid. This is no short-lived hot spot or a temporarily fashionable locale. Prices reflect the history, beauty and fame of the region, as well as the limited supply of highend lakeside properties. This prestigious Lake Como residence will appeal to the most discriminating buyer, the one in search of a private retreat with show-stopping views, fine living spaces and superior location. The tranquil oasis is where understated refinement meets sheer indulgence. It is a paradise within a paradise. Elegance and timeless style meet the comfort and luxury of modernity in the desirable villa, which commands a prime, secluded hillside location overlooking the majestic Lake Como. The singular location affords breathtaking views, where the lake's beauty is powerfully striking, yet gracefully serene. The exclusive villa boasts the ultimate vantage point from which to absorb, in style, the scenic majesty of its magnificent surroundings. Designed with geometrical spaces of simple lines, the property is a headturner. Offering extreme privacy, serenity and beauty, the architecturally inspired residence is a distinct statement of style and sophistication. Characterised by modern flair and flowing floor plan, 623m² of living space is on offer – space accentuated

by the expert use of wood, glass and stone. Large windows and glazed walls allow the natural light to flow in and create a wonderfully light and airy feel to the interior. The luxurious villa impresses with fine details, including a mezzanine, stunning staircase and striking entranceway. Ten inviting bedrooms, wonderful entertaining spaces and two kitchens allow for exceptional living amidst timeless surroundings. The elegant dream home will also please the most avid car collector, with a 6-vehicle garage. Numerous al fresco spaces – including terraces from which to take in the panoramic views – encourage the enjoyment of the glorious natural surroundings and make the home ideal for entertaining, indoors and out. The outdoor area features a covered dining space, barbecue and Jacuzzi. Impressively positioned, the exceptional villa sits on an elevated plot of 22,000m² amidst a spectacular, multi-hued landscape. Uniquely, the lakeshore property features a private dock and direct access to Lake Como. With its magnificent setting on the lake, between the towns of Sorico and Colico, the villa is only 60 minutes from St. Moritz and the centre of Lugano, and 90 minutes from Milan Malpensa Airport. This stylish villa defines the art of luxury escapism by offering unparallelled and seductive elegance. Price: €7.7 million. CONTACT

Modern Homes Worldwide www.modernhomesworldwide.com +44 (0)20 7095 8701

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Gracious Heritage & Beauty Discerning seekers of refinement and elegance will be delighted by this dream Lake Maggiore mansion

he world’s rich and famous have been drawn to the Italian Lakes District for two millennia. This unimaginably scenic setting is a place of deep blue waters, surrounded by verdant mountains and captivating towns that seem to spill down the hillsides, of lavish villas and gardens with rose-laden promenades. Northern Italy’s main lakes – Lake Como, Lake Maggiore, Lake Orta, Lake Iseo and Lake Garda – still inspire breathless awe and adulation. The Italian Lakes - particularly Lakes Como and Maggiore which are so close to Milan and to Switzerland - are easily accessible and cater readily to the international lifestyle. Demand for property here remains strong, especially with Milanese and European buyers, whose primary focus is on property as close to the water as possible.

Lake Como may be the best known of the Italian Lakes, with international stars such as George Clooney helping to make it so, but Maggiore has become increasingly popular for its magnificent Belle Epoque mansions, majestic mountains and glamorous lakeside towns. There is a strong demand for Maggiore as property buyers are beginning to realise that, unlike Lake Como, it has many more beaches and watersports clubs, some very prestigious golf clubs and in winter is close to several ski resorts as well as in commuting distance to Milan. Understated and charmingly old-fashioned, Lake Maggiore possesses stunning views from its entire perimeter and is dotted with delightful towns and villages, sprawling villas and gardens. The heart of Lake Maggiore

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is undoubtedly Stresa, overlooking the Borromeo Gulf. With its astounding natural beauty, lakeside activities and opulent and ancient architectural gems, Stresa is an enchanting and historical holiday destination. Built in 1910, on the elegant western shores of Lake Maggiore, this mansion is an exemplary example of Belle Epoque design and architecture, distinguished by a noble dignity. Moments from the picturesque lakeside town of Stresa, it stands proudly on a stunning hillside, surrounded by impeccable gardens, shrouded in tranquillity. Its privileged position affords breathtaking views of the splendid Borromeo Islands, the surrounding mountains and the lake. The premium accommodation resonates with a low-key elegance that attracts discerning owners seeking a civilized, stylish and sophisticated weekend retreat or holiday hideaway. A gracious symmetric double stairway creates the entrance to the villa and leads to the dignified and comfortable living space. The exceptional 830mÂ˛ estate boasts fabulous light and voluminous scale, with rooms of elegant proportion. The accommodation, which is spacious and versatile, includes a living room, two libraries, dining room, TV room, kitchen, master bedroom with dressing room and five guest bedrooms. The luxury

villa estate also features a basement and a caretaker's house, comprised of two apartments and an attic. Finished in a tasteful classical style, the villa is set over four levels and boasts elegant period details, such as an elaborate wrought iron staircase, fine fireplaces and charming shutters. There are several terraces that offer a romantic place from which to enjoy the aweinspiring vistas. The superior residence with its dreamlike atmosphere of the lakeâ&#x20AC;&#x2122;s serenity, surrounded by snow-capped mountains, and the captivating beauty of the Borromean Islands are to be marvelled at. Surrounded by an idyllic 4,500mÂ˛ private park and located within walking distance of the Stresa city centre, the fine villa is a coveted address for those seeking privacy and luxury. Vast, distinctive and undeniably impressive, here is truly a rare real estate offering. Price upon request. CONTACT

Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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MALLORCA

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The ultimate in laid-back luxury

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A panoramic villa built with modern architecture and glamorous style

allorca is regarded as the most popular place to buy a luxury holiday home in Spain. This Balearic island has the best of all worlds: great Mediterranean climate, beautiful landscape, excellent infrastructure, a bustling capital city, picturesque mountain villages and miles of glorious coastline punctuated by ports, coves and sandy beaches. Property in Mallorca as a medium- to long-term investment provides an ideal package – an outdoor lifestyle, a safe, familyfriendly culture, superlative healthcare and sophisticated leisure options. Buyers are also lured by the island’s easy access and the fact that it is open year-round. Mallorca has attracted very few speculative investors and remains what has come to be known as a lifestyle choice destination. Throughout 2012. the market continued to stabilise, with a particular demand for unrestricted sea views and an increasing number of buyers looking for new, contemporary properties that remain in short supply. Many buyers looking for a sea view property in Mallorca are surprised by the limited number of offerings available. This is because along the 555 kilometres of coastline, only 21% is classified as urban. The rest of its perimeter comprises land designated as “rustica”, where building regulations require a minimum plot size of 15,000m² (3.7 acres), national parks, and other protected areas of outstanding beauty or military zones. German and British buyers are the key players in Mallorca real estate. The remainder are a mixture of EU nationalities, particularly Scandinavian, Spanish, Italian and Eastern European. A small portion of buyers come from the United States, South Africa and New Zealand. A discreet A-list of the international rich and famous is drawn here by the luxurious homes on the steep hillsides overlooking the turquoise sea or set in tranquil countryside. Actor Michael Douglas has owned one of the island’s most beautiful properties for 20 years; Andrew Lloyd Webber owns a house at Deia; and Van Morrison, Annie Lennox, Richard Branson, Boris Becker and Claudia Schiffer have added to the island's celebrity factor. 140

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The Spanish Royal family spend their summers close to Palma, the island’s capital. Mallorca is also a destination of choice for many sportsmen and women, including Rafael Nadal, who originates from the island, and Bradley Wiggins and team members who choose to train here. Discerning architecture and panoramic views come together to produce a thoroughly modern and sophisticated villa that is so much more than simply the sum of its parts. Combined, the result is an impressive villa that maximises its desirable setting and singular design. Distinguished by its strikingly elegant façade, the premier 3-level residence makes a statement of clean-lined modern glamour and dazzling views. Offering flair, space and elegance in opulent measure, the interiors are chic, contemporary and marvellously stylish. Refined spaces illuminated by 142

walls of glass evoke the height of international style, complementing stunning interiors and a great location. Renovated to an exemplary standard, here is where fine designer finishes and handselected materials evoke a luxurious ambiance. The deluxe villa incorporates virtually every possible convenience and luxury. The house is sure to impress, with its thoughtful and flexible floor plan and comfortable spaces. Offering 500m² of contemporary living, the designer villa features a stunning open plan living and dining room, a gorgeously sleek gourmet kitchen, six bedrooms, gym and a sitting room that can be used as a children’s playroom or music room. Additionally, there is an office that could be converted to another bedroom, or an opulent walk-in dressing room for the master bedroom.

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The house has been finished to a high standard and is well equipped with all modern conveniences, including central heating, air conditioning and swimming pool, with pre-installation for heating. Outside, the villa is nothing short of magical. The sublime setting for outdoor entertaining features a gorgeous swimming pool, relaxing pool deck and barbecue. One of the standout features of the prestigious property is the vast double roof terrace, creating a unique lifestyle opportunity for al fresco dining, sunning and partying under the stars. The elegant villa enjoys a coveted elevated location, overlooking the clear blue Mediterranean Sea, whilst commanding a panoramic vista encompassing 180 degrees of the stunning coastline.

Set on 1,400m² of lovely landscaped grounds, the exclusive villa is superbly positioned in a quiet and desirable spot within easy reach of the fashionable Puerto Portals and its famous marina. It is conveniently within walking distance of all of the local amenities, including upmarket cafés, shops, restaurants, tennis courts, spas and international schools. Pure class, this deluxe family home is a blissful paradise setting for island living at its most relaxing, most stylish and luxurious. Price: €3.2 million. CONTACT

Modern Homes Worldwide www.modernhomesworldwide.com +44 (0)20 7095 8701

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LIVE FOR GREATNESS Ultra-elegant villa in privileged location enjoys breathtaking ocean views

he unmatched quality of life and excellent infrastructure and amenities solidify Mallorca's position as a trophy destination in Spain. Primary and secondary residences in Mallorca continue to be highly desirable and a sound investment for overseas buyers who value the fantastic lifestyle and who take a long-term perspective. Mallorca has not suffered the malaise of many other parts of Spain, in particular the Costas on 144

the mainland, where over-development has led to a vast surplus of new-build properties and therefore a dramatic fall in prices. Supply and demand in Mallorca are more evenly balanced, and as the coastal authorities and local councils are constantly tightening planning laws under the direction of the Ministry of the Environment, real estate choice is more restricted. Approximately 40% of the

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Mallorcan natural territory is protected, which means there is a lack of land available for new construction, so existing prime properties will continue to enjoy high demand. There are few places in the Mediterranean with as much to offer as Mallorca. With 300 days of sunshine annually, 23 golf courses, 25 marinas, ten international schools and some of the most stunning scenery in Europe, along with its

stylish capital, plenty of holiday home buyers consider Mallorca a sound lifestyle investment. Mallorca is a mixture of diverse landscapes: the spectacular Tramuntana mountain range, dramatic sea cliffs, legendary beaches and isolated coves, hidden valleys with ancient olive terraces, citrus groves, almond orchards, picturesque villages and rolling agricultural plains. Accessibility from many European cities

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is another major factor in the success of the Mallorca property market, with reasonably priced flights of about two hours. Mallorca continues to enjoy broad appeal amongst discerning buyers from around the world. More than 20% of its population of 876,147 are foreigners, the highest percentage of any place in Spain. Germanspeaking buyers, including Swiss and Austrians, continue to dominate the market. This group is followed by British and Scandinavian buyers, along with some Spanish, French and Russian investors. Many buyers are looking for top luxury properties, such as frontline beach villas with great sea views, which are holding their value best of all. This ultra-stylish villa offers luxury and refinement in an extraordinary setting, inspired by the quintessential beauty and magnificence of Mallorca. The deluxe villa is the ideal vacation home destination for a buyer with discriminating taste and high expectations. Prestigiously positioned in Port Andratx overlooking Cala Llamp, the exclusive villa boasts a magnificent setting with spectacular views of the endless blue waters of the Mediterranean Sea. Under the rustic, traditional natural stone exterior of the home lies a thoroughly modern and sophisticated villa that offers a unique presentation of unquestionable elegance and timeless distinction. The flawless harmony of old and new makes a clear haute-style statement. Throughout, the living spaces have been meticulously crafted with an aesthetic that is contemporary and sophisticated yet homely and warm. Decorated in a tasteful and refined manner, the understated colour palette evokes a sense of serenity and Zen-like calm. Providing 420mÂ˛ of great style, the exceptional villa features four ensuite bedrooms, a gorgeous living room with dining area and an ultra-modern kitchen with island. The fine villa comes with an array of high-end fixtures, including underfloor heating and air conditioning. For added convenience, the upscale villa also enjoys a utility room and garage. The luxurious villa features all the necessities for chic outdoor living, boasting a wonderful private swimming pool and a lovely terrace. Offering an effortlessly elegant lifestyle, this superb villa is defined by its glamorous interiors and panoramic vistas in a prestigious setting. Here is Mediterranean island living at its finest. Price: â&#x201A;Ź3.99 million. Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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Cosmopolitan elegance

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A stylish villa of incomparable quality and aesthetic beauty

ajorca, the largest of the Balearic Islands, is now at the top of discerning property buyersâ&#x20AC;&#x2122; real estate wish-lists for luxury vacation homes â&#x20AC;&#x201C; not least for its capital appreciation and overall desirability. With buildable land limited by geography and stringent regulations, prime holiday homes in Mallorca are holding their value well. More than 40% of the island is designated for protection. That, along with increasingly strict planning regulations, limits new development. With supply low and demand high, prime Mallorca property situated in the best areas sells well. Mallorca boasts an irresistible allure of great variety and natural beauty with its combination of sleepy, rural villages and the wonderfully vibrant cosmopolitan capital city of Palma. The island boasts several Michelin-star restaurants, 24 golf courses and ten international schools. In addition,

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the coveted environmental Blue Flag has been awarded to 31 beaches or coves and 16 marinas this year. Contributing to its year-round cachet is the more than 300 days of sunshine. The island boasts an extraordinary selection of beaches and coves, ranging from vast expanses of fine white sand to pebbly shorelines and warm blue seas. Accessibility around and to Mallorca is also a big factor, the island being just a 2-hour flight from most leading European cities. Add to that one of the most sophisticated infrastructures of any Mediterranean island. The island’s appeal is as broad as its geography is diverse. The Spanish royals own a home here, as do high-net-worth individuals and celebrities from around the world, with plenty of German, Scandinavian and British buyers in addition to the domestic market. Offering a wonderful quality of life, it is easy to see why poets, artists, musicians and sports personalities and many other celebrities have chosen to have a home on the island over the years. For those who seek exceptional style, this elegant villa excels. Spectacular and spacious, the desirable villa is a stylish showcase of modern design, state-of-the-art facilities and refined elegance. A rare combination of unbridled luxury and unpretentious comfort, the fabulous family villa is decorated in a modern and understated manner, where no expense has been spared to ensure a luxurious lifestyle. With a classy, seductive ambience, the exclusive villa boasts a contemporary blend of upscale sophistication and flawless functionality. It features an open, light-filled and stylish interior with premium quality fixtures and finishes throughout, with an emphasis on modern living and integrated outdoor spaces. Designed with a seamless integration of indoor and impressive al fresco areas, the splendid home exudes an abundance of style. Built to the highest standards of workman-

ship, the superior villa is complete with every facility required to make it a superb permanent residence or a luxurious holiday home. To add to the villa’s appeal and for owners’ absolute comfort and peace of mind, it comes with air conditioning, alarm system, smart technology, underfloor heating and a double garage. Offering 440m² of understated elegance, the impeccably presented villa provides a stunning living room with dining area and fireplace and three bedrooms. The impressive master suite comes with a walk-in closet and access to one of the sunny terraces. Serious cooks will love the sleek open gourmet kitchen, complete with Gaggenau appliances. The elegance continues outdoors, with a lovely manicured garden, summer kitchen and several covered and open terraces. The centrepiece of the outside space is without doubt the sparkling swimming pool and the surrounding pool deck, offering plenty of space for sunbathing, relaxing and al fresco dining. The villa also enjoys tantalising glimpses of the blue Mediterranean Sea from its top floor. The atmosphere is one of total indulgence. Situated on 1,100m² of tranquil landscaped grounds, with amazing panoramic views over Nova Santa Ponça, the villa is only 2½ kilometres from the Port Adriano marina – designed by Philippe Starck – and Santa Ponsa Golf Club. The deluxe family villa is conveniently located 25 minutes from the international airport and 15 minutes from the centre of the fashionable city of Palma, one of Europe’s most appealing destinations. The whole property reflects the perfect harmony of contemporary architecture and the coveted Mediterranean lifestyle. Price: €2.95 million. Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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Undeniably Exceptional A tastefully decorated property combines timeless elegance with contemporary flair

he pearl of the Mediterranean, Mallorca offers one of Spain's most enviable lifestyles, coupled with a pleasant year-round climate. The island is increasingly becoming a destination that attracts discerning second-home owners, yachties and golfers, many of whom soon turn into permanent residents. This is one of the few places left in the Mediterranean that remains both spectacularly beautiful and virtually untouched by new development. The island boasts everything, from a stunning seascape to splendid mountainous regions, from a sophisticated capital city to authentic traditions and ancient villages. Mallorca also offers an excellent range of restaurants and shopping, an exciting social calendar of cultural, musical and sporting events, and is an ideal place to enjoy sporting opportunities, with 24 golf courses and 44 marinas. Along its 550 kilometres of coastline can be found everything from beachfringed rocky coves to long, unbroken stretches of soft, gentle sand. Mallorca also boasts a fantastic climate, with warm temperatures and almost constant sunshine. These attractions,

combined with the unparallelled liveability of the island, make Mallorca a singular place to live and invest. There is little risk of over-development, as the Balearic government has enforced strict building policies for a number of years. As a result, the Mallorcan coastline is protected from over-development and there are minimum land size requirements for rural areas so as to avoid urban sprawl. These stringent regulations mean a better balance of supply and demand on the island, which is reflected in its stable property prices. Throughout the property downturn that has dogged many other popular locations, demand for holiday homes in Mallorca has remained strong, not least due to the mix of foreign nationals buying real estate here. More than 80% of buyers of properties in Mallorca are from outside the country. Real estate on the island is popular with Germans, Austrians, Swiss as well as with buyers from the UK and Scandinavia. This exclusive estate abounds with understated sophistication and fine amenities, appealing to the buyer with a penchant for a luxurious lifestyle. Mediterranean living is blissfully

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indulged in this stylish 585mÂ˛ paradise. It is comprised of a stunning main residence, a separate guest house and a multi-car garage. Every dimension of the exceptional property delivers elite-level luxury. Refurbished to high standards, the villa imparts a refined modernity, whilst existing in perfect harmony with its natural environment surroundings. Beautiful mountain views form a mesmerising backdrop to the exceptional estate. Architectural details, grand style and wellproportioned rooms are evident throughout the main house. Finished with exemplary good taste, the dĂŠcor delivers a rare blend of sophisticated elegance and relaxed, modern flair. The 156

expansive, elegant living room with a dining area and a striking fireplace as its centrepiece provides infinite entertaining possibilities. The luxurious villa is further enhanced with a modern, bespoke kitchen, superbly finished with top-of-the-line appliances. The residence features four bedrooms, including a singlebedroom staff apartment. The basement consists of a wine cellar and a multi-functional family room. The splendid family home offers maximum comfort and an enviable range of first-class amenities, including air conditioning, solar-powered floor heating, alarm system, double glazing and automatic irrigation system. The delightful guest house includes a living room, full kitchen and two bedrooms. There

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is a large driveway providing ample parking space for ten cars. For those many days of sunshine, those stunning sundowner sessions and evenings of dreamy star gazing, the well-appointed living area flows naturally onto the equally impressive and ample outdoor areas. The deluxe property features beautifully manicured gardens, a gorgeous swimming pool, barbecue kitchen and a lovely porch. Perfectly poised to capture the enchanting outlook, the superb property sits commandingly amongst the greenery and splendour on a 4,165m² private plot. It is a glorious and utterly peaceful setting befitting such a desirable estate.

Superbly located, the villa is within walking distance of the Country Club Santa Ponça. The exclusive marina of Port Adriano, with its boutiques and restaurants, is just five minutes by car. Here is a unique opportunity to enjoy the elegant architecture and the extravagant lifestyle such a luxurious property will bring. Yours to own. Price: €5.9 million. Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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MARCHE

Spellbinding

Panoramas & Beauty 158

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A country house filled with classic charm and understated elegance

he landscape, people, food, wine, history and culture come together to create the rich tapestry that is Italy. When people the world over are asked what countries they would most wish to visit, Italy always comes out near the top. Le Marche has long been a best kept secret but increasingly, the region is finding popularity with second-home owners and holiday home investors. There are few areas in the country that can offer such an alluring mixture of unspoilt landscapes. Le Marche is true storybook Italy. Located between the Adriatic Sea and the majestic Apennine Mountains, Le Marche sits snuggled between the warm coastal waters, dreamy Umbria, prosperous Emilia-Romagna and rugged Abruzzo. Its borders also briefly touch Tuscany and Lazio.

Beautifully situated, Le Marche contains immense geographical loveliness. It has everything: incredible countryside from the Sibillini Mountains to the glorious coastline, castellated hilltops, marvellous beaches, stunning mountains, rolling hills, untouched natural parks, wonderful wildlife, rich heritage of history and monuments as well as spectacular art and architecture. The area contains gorgeous vineyards and fields drenched yellow in summer sunflowers, all surrounded by snow-capped mountains and glistening sea. One of the most striking features of the Marche region is the numerous stunning hillside locations, dotted with charming historic villages and medieval castles. Below in the valleys, larger towns are storehouses of incredible architecture. Romanesque churches abound in even the smallest villages.

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The 180-kilometre-long coastline is a succession of sandy beaches interrupted by rocky coastline and idyllic bays and two natural parks â&#x20AC;&#x201C; Monte Conero, south of Ancona, and San Bartelo, north of Pesaro. The sea bordering Le Marche is surely one of the clearest and most pristine in all of Italy. The region boasts 16 Blue Flags, the prestigious awards given annually to well-kept beaches the world over by the Foundation for Environmental Education (FEE). Offering unrivalled scenic possibilities for all nature lovers, more than 90,000 hectares of land, almost 10% of the regionâ&#x20AC;&#x2122;s area, is protected. It boasts two national parks, four regional parks and six nature reserves. The 164

wild terrain of the Sibillini Mountains not only offers some of the most breathtaking scenery in Italy, but a wide range of activities, including walking, mountaineering, cycling, mountain biking, horseback riding and golf. For holiday homeowners seeking a taste of authentic Italy, Le Marche ticks all the boxes. This luxurious country house, the epitome of elegance, is a haven with an exquisite setting in Le Marche's legendary landscape. The imposing stone and brick building is framed magnificently by the immense beauty of nature. Dating back several centuries, the property, which was once a small monastery, has been lovingly transformed into a luxury country

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house, retaining much of its original charm and character. The superior country estate emanates the divine sense of authentic grace and the warm spirit of Le Marche's incredibly rich heritage and the luxurious feel of heavenly indulgence. Offering ultimate privacy and elegant country living, the deluxe residence exudes rustic sophistication and timeless allure. Boasting fine classic design both indoors and out, the impressive country house features 600mÂ˛ of living area and a gracious, refined ambiance. Offering a setting of comfort, luxury and exclusivity, the gorgeous villa showcases seven double bedrooms with ensuite bathrooms or shower rooms, as well as a single bedroom. The master suite is replete with a

dressing room and a private external staircase to the terrace. The elite residence comes with a beautiful living room, library, spacious sitting room, two dining rooms, kitchen with open fire, a second kitchen and a utility room. The rooms enchant with their dignified dĂŠcor and original features that include traditional fireplaces, exposed wooden beams, antique terracotta floor tiles and stone walls. Rich in character and Old World charm, the exclusive country house comes with its own exquisite chapel. The majestic 80-metre driveway is strikingly lined with olive and cypress trees, and there are several additional olive trees on the grounds, together with a

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small orchard of apricots, plums, cherries, apples and pears. The wonderful country house additionally comes with an independent staff or guest apartment measuring 80mÂ˛. A place of perfect beauty and privacy, the house is magnificently poised on two acres in a location that allows for exceptional vistas of the Marche countryside. It commands sweeping vistas that take in the mountains to the south and the sea to the east. Numerous outdoor spaces, including a sparkling pool, sun deck, terraces and gazebo, allow for the utmost appreciation of the vistas and the natural beauty of the picture-perfect countryside. The desirable country estate boasts a private 5-hole practice golf course and a dazzling lake. Comfortable sun loungers and hammocks, as well as a shaded dining area and pizza oven, add to the outdoor enjoyment. Nestled into the hillside, the country house is just one hour from the wonderful Adriatic beaches of Sirolo, Numana and Portonovo, while the Sibillini Mountains are approximately the same distance. There are a number of ski resorts open during the winter months within an hour's drive. The property is within easy reach of the airport at Ancona (45 minutes), which offers regular flights direct from London, Brussels and Madrid, plus several daily flights via the connection hub of Munich. There are also direct flights from Rome and Milan. Rome and Bologna airports are about three hours away, but there are further connections available via Rimini, with regular flights from Moscow, St. Petersburg, Berlin and Amsterdam, to name but a few, and via Pescara, with additional flights from Barcelona and Oslo. Both these airports are under two hours drive from the property. The property can be used as a deluxe family home, or as a thriving holiday house rental business with enormous potential. It is owned by a UK limited company, so acquisition of the shares could potentially be very tax efficient when investing in property in Italy. Offering a high degree of luxury and sophistication, this elegant country house lets the owners live their own dolce vita in a truly Italian style. Price: â&#x201A;Ź2.5 million. Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703 166

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Incomparable Style, Beauty & Elegance A luxurious, classic and grand villa, with stunning panoramas

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uscany and Umbria, once considered the two most glamorous of all Italian destinations, have a new rival. Le Marche is fast acquiring a reputation as the Italian destination of choice for many Italians and foreigners in search of property. Gorgeous countryside, lovely old towns and a sensational quality of life are part of the regionâ&#x20AC;&#x2122;s allure. Bordering Tuscany, Umbria and the Adriatic Sea, Le Marche is one of the most beautiful, unspoilt and interesting Italian regions. Its strategic location makes it a perfect spot for reaching all of the most important destinations of central Italy, including Ravenna, Siena, Florence, Assisi, Urbino, Gubbio and Perugia. 170

With its variety of landscapes, Le Marche is an enchanting distillation of Italy. To the east, the green-blue Adriatic Sea laps ashore, while the Apennine Mountains gently ease into verdant foothills dotted with Renaissance towns to the west. Another aspect that defines the region is its expanse of rolling hills, resplendent with ancient hilltop villages protected by their formidable walls. Le Marche encompasses everything that Italy has to offer â&#x20AC;&#x201C; sun, mountains, caves, lakes, sea and beaches. Medieval towns and villages. Farmland, folk traditions and religious parades. Skiing, horseback riding, hiking, sailing and biking. Art, architecture, museums, castles and forts. Good food and acres of thriving vineyards.

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Le Marche boasts the highest number of museums and art galleries in Italy (there are 342 in 239 towns). There are architectural gems, antiquities and artistic landmarks from the Roman, Medieval, and Renaissance eras. The numerous beautiful small towns and villages of Le Marche are full of ancient churches and historic buildings, whilst the countryside is covered by rows of vines and olive groves. Many historic buildings around the region still boast works of art by painters such as Carlo Crivelli, Piero della Francesca and Raphael. Le Marche offers 180 kilometres of coastline, which is characterised by wonderful beaches of golden sand, pebble or rock, picturesque

bays, marinas and palm trees that are reflected in the blue Adriatic. Le Marche can boast one of the highest number of Blue Flag beaches of any region in Italy. The prestigious Blue Flag is awarded by the Foundation for Environmental Education (FEE) and takes into account criteria such as beach quality, safety, cleanliness and water quality. Nearly 10% of the region is protected. There are two national parks (Monti Sibillini and Gran Sasso e Monti della Laga), four regional parks (Monte Conero, Sasso Simone e Simoncello, Monte San Bartolo, Gola della Rossa e di Frasassi) and five nature reserves (Abbadia di Fiastra, Gola del Furlo, Montagna di Torricchio, Ripa Bianca and Sentina).

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For those looking to buy property in Italy with that exceptional lifestyle, Le Marche certainly ticks all the boxes. Sophisticated style and breathtaking beauty is the essence of this exclusive mansion villa for sale in Le Marche. The truly singular property will appeal to the most discerning of individuals. Overlooking the ancient town of Tolentino, the deluxe villa affords stunning views across the hilly countryside of Le Marche, from the Adriatic coast to the Sibillini Mountains, which can be enjoyed from the large balconies or from the covered loggias. Restored to its former grandeur, the prestigious villa captures all the romance and splendour of a bygone era. Gracious and distinctive, the property itself is one of stately elegance, 174

designed for a life of comfort and luxury. Both traditional and timeless, the indescribably beautiful mansion is ideal for quiet living and grand entertaining. It showcases a refined ambiance, filled with understated luxury and panache. Boasting elegant classic architecture, exemplified by an abundance of space and fine volumes, the villa offers 700mÂ˛ of luxury. The prestige villa features five bedrooms, a fully equipped kitchen, an impressive dining room and two living areas. The luxurious accommodations, fine appointments and attention to detail are evident everywhere in the house. Gorgeous architectural elements â&#x20AC;&#x201C; such as high ceilings, arched doorways and fireplace â&#x20AC;&#x201C; enhance an interior furnished with the utmost of perfection.

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Enjoying an incredible panoramic hilltop position, the luxury villa is spellbindingly set in a private garden with century-old olive trees. Wake up to the beauty and tranquillity of the breathtaking scenery. All around are tones of green, with the scintillating blue brilliance of the swimming pool. Surrounded by ten hectares of lush woodland and storybook scenes, the desirable property offers a rare combination of privacy, stylishness and space, all in a convenient, secure location. The premier villa occupies a quiet and panoramic spot just three kilometres from the pretty village of Mogliano, a glorious medieval town which is lovingly preserved with old cobbled streets. Mogliano is heaven for foodies. There is a choice of traditional

butchers, bakers and other specialist shops and there are plenty of local shops, cafĂŠ bars, restaurants and a weekly market. The setting of the coveted villa is a tribute to what is best about the Marche countryside: unhurried and with scenic beauty and magnificent vistas. This elegant home represents the luxurious lifestyle of blue-chip living at its best. Price: â&#x201A;Ź3.3 million. Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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MARRAKECH

Grand Style Living

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A masterfully executed home of impeccable standards and opulence

hen it comes to property investment in Morocco, Marrakech tops the list. The city is particularly popular with the French, due to their common language and the fact they do not require a passport, only an ID card. As a result, numerous French celebrities own property in the city. Marrakech has also been attracting increased attention from property buyers from Britain, Germany and Switzerland. As well, wealthy www.theaddressmagazine.com

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Moroccans from Casablanca, the countryâ&#x20AC;&#x2122;s main commercial centre, are buying weekend retreats around the city. Eternal sunshine, opulent dimensions and fivestar amenities â&#x20AC;&#x201C; no wonder there is growing international demand for palatial homes here. Exotic, exuberant and beautiful, the historic Moroccan city still retains its mystical and romantic splendour. One of the characteristics that give Marrakech its intoxicating allure is the way its extremes 178

coexist. This is a place where the sacred meets the profane. It is both a kaleidoscope of life 1,000 years old and an apex of modernity. More than nine centuries of imperial glory mixed with African, Amazigh (Berber), Arab and French traditions infuse the city with its unrivalled charm. Few cities in the world enjoy such a sumptuous setting. The ancient city is set against the backdrop of the eternal magnificence of the Atlas Mountains. Within rose-coloured walls, the city is a maze of alleyways, colourful streets,

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delightful squares, interesting museums, stunning mosques, bustling souks and exquisite boutiques. In short, cool nightclubs, ultrastylish riads and trendy dining make this the most fashionable place to be. Outside the city, the atmosphere is far more serene. Starting with the sand-swept Sahara Desert, all the way to the snow-capped Atlas Mountains, the impressive landscape holds treasures of all varieties, including captivating kasbahs and Berber villages that cling to the mountain slopes.

This extraordinary kasbah will prove to be the ideal property for a discerning buyer, someone on the lookout for a unique opportunity to experience refined living in Marrakech in an ambience of exceptional luxury and excellence. The exclusive mansion villa fuses Moroccan mystique with its fairytale setting, to inspire a lifestyle that is not only blessed with natural and gracious splendour, but replete with the comforts and amenities that define modern living at its best.

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Radiating an elegant atmosphere, graced by natural beauty and inspirational panoramas, the kasbah boasts a superb location only 15 minutes from the centre of Marrakech. Enjoying idyllic tranquillity and a serene setting, the luxurious estate presides over a beautiful private plot spanning 10,000m2. A commanding, stately presence sets the stage for the glorious interior of the family home. The house's structure combines the charm and sophistication of more traditional materials with the space and comfort of 180

modern architectural sensibilities. Perfection carries throughout the interior and exterior with exquisite design, master craftsmanship and lavish finishes. The floorplan strikes a harmonious balance between understated refinement and friendly warmth. Offering 1,860mÂ˛ of luxury, the mansion is magnificent in scale and grandeur. Graced with an ambience of elegant sophistication, the luxurious living spaces include both formal and informal zones. Magnificently presented, the elite kasbah features eight bedrooms, elegant

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living areas, stylish dining area and fully-fitted kitchen. For added comfort and enjoyment, the fine residence provides a fireplace, air conditioning and a laundry room. Decadent in style and opulence, the spectacular outdoor areas come with a guaranteed Wow-factor. The breathtaking pool, the expansive pool deck and the lovely terrace inspire pure laid-back indulgence, with covered eating areas and ample seating to round off the exceptional outdoor living experience.

Delivering the ultimate in sophistication, this ultra-luxury mansion offers premier privacy and timeless glamour at its finest. Price: â&#x201A;Ź1.6 million. Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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Timeless Elegance & Refinement A grand villa defined by pure class, luxury and understated glamour

ince Winston Churchill “discovered” the city in the 1930s and called it, in one of his letters, ‘’the most beautiful spot in the world”, Marrakech has never stopped attracting VIPs, movie stars, fashionistas and the artistic crowd. Dating back to the 11th century, Marrakech has featured in popular culture in everything from Alfred Hitchcock’s The Man Who Knew Too Much to The Apprentice, but the distinct style and www.theaddressmagazine.com

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ambiance of the city continues to cast its timeless spell over residents and visitors alike. The ancient city of Marrakech is at once iconic and exotic, boasting a seductive air of mystery mixed with a whole lot of glamour. Set against the majestic backdrop of the snow-capped Atlas Mountains, this is where Arabic and Berber cultures combine with a French twist. Marrakech is the most fascinating place, showcasing a vibrant medina complete with a labyrinthine muddle of streets, courtyards, alleyways and cul-de-sacs that are home to trendy restaurants, chic souk shopping, exquisite spas and ridiculously über-stylish hotels. The focal point is its celebrated square, the Jemaa el-Fna, thronged day and night with an extraordinary spectacle of local life. Towering over the scene is the stately Koutoubia minaret. The fact it is little more than three hours by air from most Western European cities and bathed in year-round sunshine (over 300 days) add to the city’s allure, making Marrakech a desirable second home or retirement destination. The city's popularity as a tourist destination and its continued growth have made it a target for those with money to spend on overseas property. Marrakech is the spearhead of luxury real estate in Morocco, and is popular with overseas buyers from France, Germany, Belgium and Switzerland. There is also some demand from Russia and the United Kingdom. Many overseas home buyers are looking to retire in Morocco and specifically Marrakech, attracted by low taxes generally and the fact it has no inheritance tax on property. Offering a lifestyle for the privileged few and sitting at one of Marrakech’s blue-chip addresses, this magnificent residence evokes a unique combination of understated elegance and modern luxury. The deluxe mansion has real charisma and exquisite, grand style. It is impossible not to be captivated by its sumptuous sophistication 184

and comfort. Flair, elegance and practicality are embedded into the design, combining master craftsmanship, luxurious appointments and functionality that make it perfect for the ideal second home or holiday villa. Here is an ultra-private escape, where the finest Moroccan artistry and timeless style and materials have been used to stunning and thrilling effect. Spaciousness is key in all of the rooms, with impressive living areas perfect for privacy or sociability. The exclusive villa provides a breathtaking Moroccan living room with a fireplace, a European double living room, a dining room, kitchen and five bedrooms. For maximum enjoyment, the tastefully presented villa also features a hamman and air conditioning. Outdoor entertaining is staged as an unforgettable experience by the beautiful pool, in the lovely garden or in the seductively enchanting courtyard. Flawlessly set amidst a stunning ultra-private oasis of 10,000m2, the luxurious mansion is a splendid seclusion for those who are looking for privacy and peace, yet desirous of every refinement. The high-end villa located in the magnificent area of the Palmeraire – ten minutes from the centre of Marrakech – encapsulates the essence of heavenly tranquillity and pure indulgence. Whether to permanently escape day-to-day pressures, retire to an imposing retreat or entertain family and guests in a superior holiday home, this Marrakech treasure offers it all. Comfort and style, distinguished and unique, the wonderful home reflects the splendour of fine living. Price: €1.95 million. Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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Stunning Simplicity A sleek, luxury villa that provides tranquillity, size and modernity

ternal sunshine, seductive atmosphere, proximity to Europe, chic services and first-class amenities â&#x20AC;&#x201C; no wonder Marrakechâ&#x20AC;&#x2122;s luxury villas are attracting international buyers. A potent blend of Arab, African and European influences, Marrakech is still the jet setâ&#x20AC;&#x2122;s favourite spot on the African continent. Beyond its beautiful setting at the foot of the Atlas Mountains, Marrakech offers high society and traditional charm, cosmopolitan glamour and exotic mystique in equal measure. And so much more. It is undoubtedly one of the most captivating cities in the world, a place of mysterious narrow streets, vivacious souks, the immense Jemaa el-Fna Square and fabled Moorish gardens. The city is home to opulent spas, designer boutiques and sophisticated galleries, along with fashionable hotels, a glittering nightlife, celebrity chefs and fine dining. All over town, this edgy new finesse melds with the ancient Moroccan culture. Blue-chip residences are drawing international interest from second-home seekers, wooed by villas offering

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a stunning mix of opulent décor and palatial dimensions to compare with the most sought-after villas in Europe. The 10-month tourist season, which garners high rental yields for property owners in their absence, is another draw. Safety, quality of life and affordability make a property investment in Marrakech one of the soundest bets in the region today. It is clear that homeowners today are seeking an enhanced quality of life marked by the ultimate in modernity, luxury and relaxation – the very features that define this first-class villa. Articulating the ideals of contemporary architecture and design, subtly infused with the essence of Moroccan style, the modern villa offers a sophisticated and welcoming atmosphere. Breathtaking views top the list of the home's many splendid virtues. Immersed in peacefulness, the property captures amazing panoramic views of the mountains. Brimming with understated elegance, the building's architectural design is one of simplicity and strong geometric proportions. The interiors are crisp, with clean lines and an immaculate finish which, when coupled with large floor-to-ceiling windows, create a spacious, light-filled, ambient idyll that fuses the sparkling interior and exterior environments. Benefiting from an intelligent use of space, the well-

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appointed and elegant villa is as practical as it is stylish. Offering 550m² of modern aesthetics, the luxurious villa features five bedrooms, a double living room with a fireplace, dining room and a fully fitted and equipped kitchen. The deluxe villa enjoys air conditioning and comes with parking for two cars. Mesmerizing mountain views provide for unforgettable moments and the blissful al fresco spaces – including a lovely garden and a wonderful terrace – embrace a desirable outdoor lifestyle. The gorgeous suspended swimming pool creates a sensational setting for outdoor relaxation. Although located just a few minutes away from Marrakech's city centre, the contemporary property exudes tranquillity and privacy amidst its beautiful surroundings. Set in a secured exclusive domain, near the Royal Golf de Marrakech, the refined villa is set in its own private grounds of 2,600m². Fulfilling the need for those in search of modern, urban living in a peaceful setting, here is an address that elevates holiday lifestyle to year-round indulgence. Price: €1.7 million. CONTACT

Modern Homes Worldwide www.modernhomesworldwide.com +44 (0)20 7095 8701

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ROME

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MODERN GLAMOUR WITH STELLAR VIEWS With sophistication and style, the luxury penthouse is a divine celebration of life at the top

oreign property buyers continue to acquire real estate in old urban stalwarts such as London, Rome and Paris because they regard these prime European cities as safe havens for their money. Prime property investments in the most desirable corners of the globe help to safeguard liquid assets and hedge against uncertainty. As well, by letting their properties, owners are able to cover costs and generate income.

Statistics on the Rome real estate market show that the higher end continues to perform better than the other sectors. The luxury residential property market has shown a high degree of resilience to the global financial crisis and there are an increasing number of foreigners househunting in Rome at the higher end. Investors look for spacious, ideally located buildings with impressive architecture,

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abundant luxury facilities, car parking and easy access to an international airport. They prefer the larger apartments in the city’s more fashionable centre – terraces, in particular, are always in demand. Some of the most sought-after residential real estate offerings are the city's penthouses, often regarded as the essence of fine living in Rome. Globally in demand but limited in supply, a distinctive penthouse in Rome represents a rewarding lifestyle investment. Providing the ultimate in luxury, comfort and convenience, it offers an excellent way to experience both the excitement of the city and the peaceful joy of private home life. Exuding the sumptuousness of an exclusive property, this ultra-stylish penthouse makes a statement of clean-lined modern glamour. The penthouse’s dazzling contemporary design, gorgeous outdoor spaces and magnificent panoramic views of the city offer a refined lifestyle experience for the discerning owners. The spectacular penthouse features remarkable interiors that complement the impressive abundance of space. The immaculately presented apartment is aesthetically modern in design and comes with a fabulous flow and openness, with clean lines and sleek finishes. The colour scheme is daring, stunning and dramatic, giving each room that Wow-factor. As spacious as it is extravagant, the designer penthouse showcases

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300m² of elegance. The deluxe residence features a large entrance, stylish living room, dining room, glamorous kitchen and three bedrooms. The stunning residence is furnished by the world-renowned Italian luxury fashion brand, Fendi. The perfectly appointed indoor comforts flow into 400m² of phenomenal outdoor space, providing exclusive privacy along with breathtaking views of Rome and an atmosphere that delivers a desirable, luxurious experience. Virtually unmatched, the vast terrace affords fluid indoor-outdoor entertaining and relaxing. The seductive terrace provides options for any time of the day, thanks to chic lounge areas, sublime sunbathing areas with a Jacuzzi, and a shaded dining area. The residential complex has the added benefit of a swimming pool for the owners. Not only offering style and elegance, the prestige penthouse is also conveniently located near the Anglo-American International School. Providing the ultimate expression of urban luxury, discover sophisticated contemporary living at its best in this exceptional penthouse. Price: €2.8 million. Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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Classic beauty and luxury

Sophistication and style define a timeless urban residence

ncreasingly, high-end investors seek nonconsumable luxury investments in locations that not only offer security and lifestyle benefits, but also afford them the comfort of knowing that their investments are unlikely to fall out of fashion. Italians have always considered purchasing property (called “il mattone,” which means “the brick”) as a serious and conservative investment – not speculative. Prices are holding up well for luxury properties in the most desirable regions of Italy, including important centres such as Rome, Florence and Milan. Although Italy’s economic challenges have led to a more cautious attitude amongst buyers, the world’s wealthy still consider it to be one of the most desirable second-home hotspots. For many international buyers, Italy’s established

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prime locations, particularly in the high-end market, offer a more secure option without the risk that comes with many emerging markets. Rome, known as the Eternal City, has attracted visitors for over 2,000 years. One of the most magnificent and beautiful metropolises in the world, Rome presents an attractive mix of grand sights and bustling urban life. Set atop seven hills overlooking the Tiber River, Rome is a treasure trove of monuments and some of the most exquisite squares and classic architecture in the world. When buying something here, one is buying a piece of history. However, trendy new shops, restaurants, and contemporary cultural attractions such as the MACRO (Museum of Contemporary Art of Rome) are a reminder that this is a city of the present and the future, as much as it is of

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the past. Here, one may find an intoxicating mixture of Fellini's Dolce Vita and cutting-edge modernity at its finest. With timeless sophistication and unwavering taste, this prestige apartment envelopes the lavish ambiance throughout, inviting a sensation of harmony and tranquillity. Designed for a sophisticated and stylish lifestyle, there is a clear sense of grandeur and elegance about the exclusive apartment. The superior residence is a deluxe abode, distinguished by its array of unique and expansive living spaces, exquisite craftsmanship and fine detailing. Offering an unforgettable backdrop for grand living and entertaining, the elite apartment showcases 225mÂ˛ of elegance. Decorated with a high level of comfort, luxury and aesthetic appeal, the noble residence features an impressive living room, dining room, kitchen, studio and four bedrooms. The fine residence comes with terrace, parking, garage and cellar.

Housed in a building of restrained beauty, it boasts a lift and concierge for added comfort. The luxurious apartment is superbly located in the Parioli neighbourhood, one of the most elegant residential addresses in Rome. The Parioli district has always been synonymous with luxury and aristocracy, a neighbourhood close to the centre, yet still in the residential and green district. The fine apartment is located close to the famous and beautiful Villa Ada Park, which is a pleasant green refuge from the lively and bustling streets of Rome. Gracious and refined, with a touch of romance and a heavy dose of elegance, this dignified residence evokes fine living at its best. Price: â&#x201A;Ź1.75 million. Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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SOUTH AFRICA

WILDLIFE EXTRAVAGANZA

Build your very own private bush retreat on a private plot with exclusive traversing rights and access to the sprawling wilderness of the Elandsberg Nature Reserve

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Little known to outsiders, the unspoilt Waterberg region in the Limpopo province has been dubbed South Africa’s bestkept secret. Against the backdrop of its unsurpassed natural wonders and wildlife splendour, the Waterberg's landscape is authentically African and there are few better places to engage in spotting the continent’s sub-Saharan Big Five – the lion, the African elephant, Cape buffalo, rhinoceros and leopard. This is also a bird watchers’ paradise with more than 300 species that range from Abdim’s stork to the yellow-fronted canary. Only a 2-hour drive from Johannesburg, the malaria-free area is rapidly becoming a new playground for Gauteng's urban dwellers and international buyers.

The Elandsberg Nature Reserve, a 12,000 hectares eco-reserve between Bela and Thabazimbi on the Waterberg Plateau, came into being through the cooperation of seven landowners who agreed to remove all barriers and fences between their holdings. The fauna and flora of this region along with its spectacular scenery makes it synonymous with the typical African bush experience and big game may roam as they please in this massive Garden of Eden. Managed as a single ecological unit, there are established regulations for the maintenance of the region’s pristine ecological nature and for the preservation and wise management of wild animal populations within its perimeter.

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Inside the confines of the Elandsberg has been created an estate on which eight farm sites were carved out. Reserved only for a select few, these farm sites will open an exclusive world where the full glory of Africa’s wildlife will be on display. For those who wish to own a luxury private lock-up-and-go game lodge, it provides a peaceful, secure and serene environment. This is a unique opportunity to experience the bush and to retreat into a special kind of solitude within one of nature’s most untouched and wondrous places where a world of unique beauty, heartpounding excitement and privacy awaits. To ensure that the private game reserve retains its privacy and exclusiveness, no farm is smaller than 500 hectares and just a single dwelling can be built on each of the eight sites. Besides privacy and exclusivity, the physical and ecological wellbeing of this fine natural wonder were paramount in the planning process. Ownership of the farms is restricted to single buyers or families – no syndication will be permitted. Deep in the heart of South Africa, here is a location reserved for those in search of an exclusive African domicile, a luxury farm and place of peace in harmony with its surroundings and where solitude and security are guaranteed. Here, residents are at one with the African bush. Owners have exclusive traverse rights over Elandsberg Nature Reserve's 12,000 hectares, offering an abundance of wildlife and magnificent scenery as one’s playground. Elandsberg has all the naturally occurring plains game of the Limpopo Province including sable, roan antelope, buffalo, white rhino, brown hyena and leopard. The Elandsberg landowners receive a small free hunting quota each year for non-commercial use. The site developer has personally selected one of Africa’s premier experts in game lodge architecture to design the domiciles for this incredible residential offering. Every available luxury will be provided for; every detail will be considered to provide not only a unique bush experience, but one that ensures the tranquillity of the area is maintained. Local materials and traditional forms of building will be encouraged at each building site to reduce the impact on the landscape and the ecology. For those in search of nature in the African bush, no place could possibly be more inspired. Of the two already built lodges, one is sitting on 520 hectares of private land on the Elandsberg Nature Reserve, offering more than 700m2 of covered living space. Commanding an exquisite position, it boasts panoramic views, stretching over the scenic surroundings and the Waterberg mountain range. This luxury 200

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South African game lodge features a magnificent rim flow pool and modern fittings including air conditioning. The second already built property is a 524 hectares game farm with a luxury lodge in excess of 700m2 under roof. From the lodge the views stretch 80 kilometres over the Waterberg mountain range. The Elandsberg private eco-reserve is managed according to the highest ecological and environmental principles. In total, the estate portion of the reserve covers 4,400 hectares and is crossed by 120 kilometres of maintained jeep track and 70 kilometres of world-class mountain biking single trails, which have been developed by expert mountain bikers to provide that adrenaline rush from the experience. The trails are also suitable for walking as well as the viewing of game and birds, cycling, hiking and simply exploring the many treasures among the diverse flora and fauna. They give access to the most scenic and remote sites on the estate. The reserve contains 130 indigenous tree species, more than 30 mammal and 300 bird species. Homesteaders have access to a resident estate manager and dedicated staff who will provide cleaning, maintenance and security. The estate manager also oversees limited hunting by professional hunters in winter, a practice that will help to defray reserve management costs. Day-to-day management of the game farm is provided by the Elandsberg Reserve manager. The Elandsberg cooperative farming project has been created as a cost-effective way in which to allow existing and prospective landowners to enjoy the rare-species game farming industry. In recent years, individuals have found the practice prohibitively expensive due to the rapidly rising cost of raising and maintaining rare game, but the cooperative makes this feasible. The Elandsberg farming project expects to pay dividends in 2016 as rare species herds enter full production. Escape to a heavenly world where spectacular beauty fuses with blissful idyll. This rare property opportunity offers exclusivity, style and luxury against a backdrop of wild Africa in all her glory. Both a rewarding investment and a lifestyle to be envied by many. Price upon request. Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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TREVISO

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A Charmed Life of Luxury and Privilege An exclusive wine estate that reflects the tradition, history and beauty of Italy

s the global economy recovers, record sale prices of luxury goods and homes continue to intrigue and capture world headlines. The paper, “Managing Real Estate Booms and Busts”, from the International Monetary Fund, August 2012, observed: “Real estate is an important, if not the most important, storage of wealth in the economy. Additionally, the majority of households tend to hold wealth in their homes rather than in equities". The ultra-luxury housing market continues to remain insulated from money flows and political shifts, as these

concerns are less likely to influence the purchase of a trophy home for the ultrahigh net worth population around the globe. Since the global financial crisis, bricks and mortar in prime destinations have come to be seen as safe havens for investors looking to preserve their wealth, whilst enjoying the associated lifestyle benefits. Italy represents one of Europe’s most established second-home markets. Most purchases in the country are lifestyle driven. Property buyers do not purchase these homes in order to flip them. Rather, they are likely to purchase a spectacular

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home in Tuscany or in the foothills of the Dolomites to enjoy the region’s wealth of cultural and leisure pursuits. One such property is a unique presentation of unquestionable elegance and timeless distinction in a stunning setting, a historic vineyard estate. Here is an enchanting property, one steeped in respect for, and love of the regional charms of Veneto. The lovely area of Veneto lies in the foothills of the Alps, with ancient terraced vineyards clinging to the sides of every possible slope. The traditional estate, in the hills of Conegliano Veneto in the province of Treviso, commands sweeping views over the charming vineyards and glorious countryside. The noble building, of great architectural dignity, emanates an elegance and alluring ambiance that beckons. Both refined and rustic, the property is comprised of a magnificent historic villa and several outbuildings, bringing the total living space to 2,332m². The extraordinary restored mansion is a delightful example of neoclassical 17th-century architecture, boasting a rare combination of inviting warmth and distinctive elegance. There are 15 lovely bedrooms, three kitchens and 11 wonderful public spaces, allowing for exceptional living amid timeless surroundings. Exposed beamed ceilings, tiled floors and fireplaces add to the quintessential Italian charm. Besides its recent restoration, the structure has been updated with the addition of modern electrical wiring, advanced technology, luxury finishes, heating and cooling systems. Two lifts have been installed in the exclusive main residence.

The deluxe estate is situated in a superior location and has glorious views of the idyllic surroundings. The estate sits on 4.5 hectares, resplendent with DOC-certified vineyards of Prosecco vines and more than 150 olive trees in the garden. The tranquil environment and the gracious landscape create an atmosphere of blissful harmony and peace. Superbly located, the estate is only five minutes from the centre of the picturesque city of Conegliano. The most important city in the Trevigiano after Treviso, Conegliano is a rich blend of cultures and is an important centre for the industrial and tertiary economic sectors. The hometown of the famous painter Giovanni Battista Cima (also called Cima da Conegliano), and headquarters of Italy’s most ancient winemaking school, Scuola Enologica (founded in 1876), the city is today the most culturally and economically dynamic area in the Province of Treviso. The desirable wine country mansion is only 70 kilometres from the ski resort of Cortina d'Ampezzo, 60 kilometres from Venice and 50 kilometres from Venice Marco Polo airport, the third largest in Italy. Currently used as a fine family home, the property could also be transformed in to a wine estate, boutique hotel, or venue for business conferences and events (subject to permission). Here is a fine estate that represents classic Italian lifestyle at its very best. Price: €11 million. Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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TUSCANY

Distinctly Refined. Exceptionally Rare. An architectural showpiece in the Tuscan countryside â&#x20AC;&#x201C; a castle without compare 210

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emand for historic estates, mansions and castles in Europe continues to grow among European, American and Asian investors alike. The scarcity, historic importance and grandeur of these castles make them the objects of a highly exclusive and much-indemand market. Overseas homes in castles, chateaux and schlosses are now being treated as an asset class in their own right. After all, there are only a limited number of castles available for sale. Once they are returned to their original splendour, they will always be a prestigious and valuable investment. 212

The most important facts to take into account when investing in historical properties is the uniqueness and scarcity, plus its utilitarian value and location. Historical real estate cannot be reproduced; its inherent value is therefore priceless. In addition, it brings its owner a sustainable investment and secures the way to an exclusive standing. An important and historic abode, this impressive castle showcases unforgettable elegance, superlative opulence and lavish proportions to create a distinguished, luxury domain. With a commanding and elegant presence, the

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historically significant castle oozes exceptional grace and splendour. Decadently soaked in history and surrounded by ancient trees and storybook scenes, the unique historic property offers a timeless castle experience with extra Tuscan charm in the vicinity of Florence. From its singular location, the extraordinary castle reflects all the inherent beauty of Tuscany, and exemplifies it with magnificent surroundings and classic elegance. The imposing castle is recognized as one of the most notable properties in Tuscany. Its architecture â&#x20AC;&#x201C; an exquisite combination of

medieval, Renaissance and Baroque inspiration â&#x20AC;&#x201C; is utterly jaw-dropping and truly unique. Complete with walled gardens, a private chapel and remarkable frescoes throughout, the splendid castle has a history of more than 1,000 years. Records at the state archive show that the castle was built in 964 as a military garrison and played a part in the conflicts between the Ghibellini (supporters of the Holy Roman Empire) and the Guelfi (supporters of the Papacy). The castle is architecturally interesting through the combination of villa and military styles,

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with a stone fortress in the centre flanked by elegant 16th-century stucco villa façades. During the 16th century, the fine property was owned by the Ciaini family, one of the wealthiest Florentine families of their time and known for their patronage of the arts and architecture. They appointed Domenico di Baccio d’Agnolo, one of the most renowned architects of the period, to design the new villa. The Ciainis sold the property in 1572 to the Niccolini d’Agnolo family. Giovanni d’Agnolo was a senator at the time and had in common with other political leaders of the era a keen interest in archaeology. It was during this era the castle staterooms were decorated with incredible frescoes. Several significant crests can also be found around the castle that combine the symbols of the Niccolini d’Agnolo and the Salviati families from which Giovanni’s wife was descended. Despite changes in ownership, the castle maintains most of its original character as a strongly fortified and majestic palace. Boasting 1,400m² of space with ten bedrooms and highlighted by lavish great rooms and grand volumes, the exceptional castle is a true declaration of world-class sophistication for its discerning owner. Sumptuous is the only way to describe its staterooms with their opulent décor of a bygone age. The interlinking staterooms on the ground floor open onto stunning frescoed 216

loggias and the central courtyard from which the views of the surrounding countryside can be enjoyed. The ground floor of the castle was refurbished and modernised a few years ago while the first floor requires some renovation, in particular the central stone tower. Remarkably, the frescoes remain in pristine condition after several centuries. The grand castle is regally positioned on a hill with eight hectares of land graced with a range of rare trees, many of which are several hundred years old. The garden, within the original walls, as well as the castle, is listed and no trees can be removed, nor can the landscaping be altered. There is a chapel on the grounds that is still consecrated and used for private services and weddings. Inside, there is a fresco attributed to the School of Vasari and above the main entrance a terracotta relief from the School of Luca della Robbia. Representing the most luxurious, magical escape in a Tuscan setting beyond compare, this architectural showpiece is truly a one-of-a-kind property and is considered one of the area's most prestigious homes for sale. Price upon request. Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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An exceptional historic country estate of great style in a scenic location

talian property offers real estate purchasers excellent investment opportunities in some highly sought locations. Dubbed the connoisseur’s alternative to Spain, property in Italy allows purchasers the opportunity to enjoy endless beautiful scenery, history and culture, while retaining an essential cachet of sheer exclusivity. Italy, and particularly the Tuscany property market, remains a prime location for investors, and a continued verve for Tuscany among holidaymakers and investors also means that the market remains fairly stable. Tuscany is supported by a strong lifestyle rather than an investment market, and it attracts wealthy purchasers who tend to buy with cash. The majority of property buyers consider vacation homes a form of retirement savings. Also, luxury real estate is widely viewed as a smart hedge against inflation, commodity markets and international political risk. Properties in the €1 million to €4 million range remain the most popular, with a large proportion of buyers targeting the wider Chianti region and the southern Tuscan/Umbrian borders. Traditional sources of demand are still American and British buyers, but now they are being www.theaddressmagazine.com

joined by other high-net-worth individuals looking to make a lifestyle purchase. These include Scandinavian, Swiss, Russian and Benelux nationals, who are all increasing their market share. As a centre of culture and home to breathtaking landscapes, it is easy to see why Tuscany continues to be a perennial favourite with investors and holidaymakers. Boasting medieval hill towns, undulating green hills, regal lines of cypress trees, pristine vineyards and fields of sunflowers and olive trees, Tuscany is classic Italy. The impressive cities of art, the outstanding landscape beauty, the mild climate and the excellent quality of life make the region an irresistible vacation home destination. Marked by its distinctive charm and refined elegance, this rare Tuscan country estate is a stylish 1,200m² retreat. The country property displays traditional grandeur, immeasurable class, understated modernity and the irresistible allure of the glorious surrounding landscape. Combining rustic sophistication, quality detailing and indulgent touches, the gracious country property boasts an abundance of space, style and luxury. The property impresses with its breath221

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taking façade, masterfully built as a perfect architectural complement to its remarkable scenic setting. The estate comprises a historic, lovingly restored family villa, a separate garden / pool annex, an underground garage and storage area. Steeped in history dating back to the 16th century, the fine country home was once inhabited by Napoleon's niece. Exquisitely renovated by a prominent Perugian architect, the deluxe property has retained its Old World grandeur, while adding many of today’s luxurious amenities. The 750m² floor plan of the family house balances scale with intimacy, seamlessly flowing from formal to informal living areas. Communicating a sense of grace and refinement, the sun-filled, grandly scaled rooms lend themselves to elegant entertaining. Beautifully appointed, the refined residence features an original vaulted brick entrance hall, double vaulted drawing room with an imposing frescoed antique stone fireplace, dining room, custom-built open plan kitchen and family room with fireplace, laundry room, frescoed guest cloakroom, TV cinema room, large fitted study and six bedrooms. The impressive owner’s suite indulges with a fireplace, leading onto a terrace with panoramic views. The frescoed bathroom has an adjoining Jacuzzi room and there is a large dressing room with two period hand-painted wardrobes. Contributing to the wonderful character are windows and doors made from solid chestnut as well as original red brick walls (exterior). This is where locally handcrafted terracotta tile flooring, exposed original chestnut beams and an elegant stone staircase all come together to create a warm, inviting atmosphere. For added comfort and safety, the fabulous family villa has a centralized vacuum system, underfloor heating and a high quality burglar alarm. The estate also enjoys two connecting apart224

ments with their own separate entrance and parking area. The apartments have an independent terrace and are ideal for either guests or staff. The desirable property has been designed to embrace the outdoors and features an immaculately landscaped garden of 1.5 hectares, graced with many cypress and olive trees as well as a multitude of roses. The dazzling semicircular swimming pool with a period fountain completes the symmetrical rear garden. Undoubtedly, one of the standout features of the fine villa is the gorgeous poolside loggia, complete with a dining and lounge area, as well as a summer kitchen with integrated pizza oven and gas barbecue. It affords breathtaking views of the serene landscape and is extensively used year round for al fresco dining and relaxation. The annex also houses a lemon conservatory of 30m² (limonaia), games room and a 60m² gym. A bathroom with steam shower and a garden furniture storeroom are situated in an adjacent building. There is a purpose-built underground structure of approx. 120m², comprising a 3- to 4-car garage, cantina and an additional storage room. Situated on the Tuscan/Umbrian border, in one of Italy's most beautiful and historic regions, the property is within 20 minutes drive of Cortona, Montepulciano, Lake Trasimeno and Chiusi. Perugia, Assisi and Arezzo are less than 40 minutes away. The estate can be reached from Rome or Pisa airports in two hours. Capturing the heritage and charm so closely associated with the region, here is a rare opportunity to acquire a fine country estate in Tuscany. Price: €3.95 million. Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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Style & Sophistication An elegant villa that is a masterful blend of tradition and modernity in a photogenic setting

taly is Europeâ&#x20AC;&#x2122;s most seductive country and in the rolling hills of Tuscany, one can be sure to find that perfect holiday home. A fabled region of idyllic countryside and historic cities full of art, Tuscany epitomises the Italian dream for international property buyers. Every year, buyers from all over the world consider real estate investments in Tuscany both a prestige purchase and a great investment. Tuscan property is known as a very safe purchase. The lifestyle affords the ownerâ&#x20AC;&#x2122;s personal enjoyment of a second home and buyers are attracted by the fact that, due to

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development restrictions, demand tends to remain greater than supply. The Chianti area is an enchanting hilly region that surrounds the art cities of Florence, Siena and Arezzo. It is one of the most beautiful regions in Tuscany and is the best known, much loved by vacation homebuyers from across the world. Only a select few regions can offer such an awe-inspiring and rich panorama as Chianti: green hills sketched by miles and miles of vineyards and olive groves, cypress-lined winding roads and sleepy hilltop villages hidden behind medieval walls. 228

The Chianti area also identifies one of the oldest and most famous wine-growing denominations: Chianti Classico. Famous all over the world, for decades Chianti Classico has commanded its place within the most exclusive of the wine world. Internationally famous companies, in some cases still run by ancient Tuscan noble families, are spread across the Chianti countryside. Chianti is the place where the quality of life conjoins with property investment. Here, the most active buyers, apart from Italians, are from the U.S., Belgium, United Kingdom, Russia and the Netherlands.

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Many buyers are looking for gated communities, which give owners the ability to come and go, at ease with the peace of mind that comes with buying a managed, secure property. Offering a superb setting in the heart of the Chianti Classico region, here is an elite community where natural beauty fuses harmoniously with standout, modern luxury living. A castle that sits amidst a wine estate has been tastefully and carefully restored with a select number of private residences. The castle is situated in the centre of the exclusive estate, which enjoys a hilltop position, epitomising some of Tuscanyâ&#x20AC;&#x2122;s most scenic landscapes.

The fine estate is located halfway between Radda and Gaiole, which are two of the five largest and most important towns of the Chianti district. Both can be reached in less than ten minutes. Superior location, exceptional style, breathtaking vistas and undeniable comfort combine in this unique home. Prestigiously sited, the Ăźber-stylish yet authentic Tuscan restoration resides in the east wing of the 16th-century Strozzi castle. It enjoys private independent access. Elegant with a contemporary feel, modern, yet with a timelessly classical style just about sums

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up the exceptional villa. A stunning blend of Tuscan charm and upscale sophistication, the villa's dazzling styling creates an aura of sleek elegance. Boasting an almost impossibly photogenic setting, the fabulous family villa is surrounded by epic views of a postcard-perfect Tuscany. There is no shortage of iconic panoramas to take in from the natural majesty of the vineyards, mountains and hills. Designed for elegant entertaining and modern living, the coveted family home offers 330mÂ˛ of great style. Among the highlights are stylish living and dining areas, a gym, a well-appointed kitchen and four or five ensuite bedrooms. Chic modernity has been complemented with rustic authenticity, where many special features have been incorporated into the design, including chestnut beams, cotto floors, vaulted ceilings and grand fireplaces. Each reflects the rich heritage of the estate and its surroundings. The fine residence enjoys all the modern comforts and technology associated with a quality luxury home, offering roomto-room sound and media integration, closed circuit visual systems, air conditioning and home automation system. A lovely terrace allows for easy, gracious outdoor relaxation and entertaining in full view of the splendid scenic surroundings. The exclusive community offers escapism in its purest form. Property owners have access to the community's facilities that include a heated swimming pool positioned amongst the olive groves, restaurant, panoramic terrace and a 15th-century frescoed chapel. For a hassle-free lifestyle, a wide range of resident services is available, such as utility management, gardening, letting and renting service, maintenance, security, catering, and even vineyard leasing and winemaking with private label. Perfect for the homebuyer who is looking for a safe and solid investment and a secure and privileged lifestyle, this dazzling second home delivers Tuscan living at its finest. Price: â&#x201A;Ź2.2 million. Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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Country Splendour

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An extraordinary residence that provides supreme exclusivity and privacy

lthough buyers might have been lured to Tuscany by the rolling green hills interspersed with meandering roads and picture-perfect villages, precise lines of enchanting vineyards, unending avenues of pine trees and cypresses majestically crowning the landscapes, it is the exceptional culture that helps keep it a perennial favourite. Together with the Côte d’Azur and Switzerland, Tuscany is a core second-home market where there has been continuing activity from buyers despite the global economic situation. The popularity of property in Tuscany has undoubtedly stood the test of time, and it is evident that the market has not suffered 234

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the same fate of other destinations where an obvious oversupply of new-build property, supported by excessive debt, has led to a collapse in prices. With Tuscany’s strict policies regarding new build and development, and its fierce protection of its historic buildings and landscape, it is highly unlikely it ever will. Tuscany attracts an eclectic mix of buyers seeking their Italian paradise. They come from the United Kingdom, the Netherlands, Belgium, Switzerland, the United States and Canada, with an increasing number from Russia, the Middle East and China. Large, historic country houses with character, located within close proximity to the region’s main towns of Florence, Siena and Lucca and within two hours of airports, are the most sought properties in Tuscany. The towns surrounding Florence, such as Fiesole – a lovely Etruscan-Roman town on a famously scenic height above Florence – provide the best of both worlds. The Florentine Hills are historically robust with an active villa market, where foreign requests for prestigious second homes meet local demand for exclusive properties. Located just five minutes from Fiesole, this is a rare opportunity to acquire a magnificent country house enhanced by its peaceful scenic setting and breathtaking views. The tranquil country atmosphere of this splendid region is beautifully balanced with the grand elegance and Old World charm of the fine estate. Holding a commanding presence, the impressive country house mansion is steeped in history with origins dating back to the 14th century. From its singular location, the handsome and distinctive country house communicates a sense of exceptional grace and refinement. This is where luxury, lifestyle and heritage come together. Featuring 1,600m² of grand living space, the main villa offers a setting of comfort, luxury 238

and exclusivity. All the rooms in the mansion are of generous proportions, while original period details add historical beauty and a real feeling of grandeur. Breathtaking reception rooms, fine frescoes, coffered ceilings, stunning fireplaces, huge arched windows, lovely cloisters and loggias create an atmosphere of understated sophistication that will thrill the most discerning owners. The imposing estate offers up to ten bedrooms, four reception rooms and several terraces. It also provides secondary accommodation with an additional 200m² of floor area. Renovation is required on the second floor to create bedroom suites and the annex requires full restoration. Two separate apartments with private entrance provide guest/staff accommodation and there is the possibility to purchase a separate farmhouse on the estate. There are two entrances to the property and ample parking space. Surrounded by 23 hectares of woodland and terraced gardens, the fine country estate offers extreme privacy and serenity from its hillside vantage point. Boasting awe-inspiring panoramas of exceptional beauty and perfect peacefulness, the historic property boasts magnificent views over Florence and the surrounding valleys. Acquisition of such an exceptional property is much more than just a real estate transaction, it is the fulfilment of a lifestyle dream. The sensational country house delivers Tuscan living on a grand scale, combining scenic beauty, heavenly vistas, supreme luxury and absolute privacy. Price upon request. Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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A Timeless Classic www.theaddressmagazine.com

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A medieval castle with all its traditional heritage and glory

ith its 46.4 million visitors in 2012 ranking it fifth globally as a tourist destination, Italy remains internationally renowned and appreciated as a holiday destination. Indeed, its allure has recently been confirmed www.theaddressmagazine.com

by figures from Eurostat that place the country in a tie with France for second spot among Europeâ&#x20AC;&#x2122;s most visited nations. This, of course, will come as no surprise to anyone familiar with Italy, a nation known for its inexhaust243

ible list of charms. From the bustle of its renowned art cities with their architectural, artistic and cultural heritage, to the simplicity of rural life in idyllic settings, to its balmy climate, Italy has something to please any taste. Tuscany remains the most celebrated region in Italy, with its array of the best of all things Italian. It is a wondrous region, a touchstone of art, food, and culture. Composed of stunning countryside and distinguished cities, Tuscany is the perfect escape for gastronomes, cognoscenti, art lovers and those in search of the finest architectural examples. It boasts stunning postcard scenery, a relaxed lifestyle, unbeatable food and wine, and amazing historic cities. It is little wonder that for many, Tuscany is the epitome of the Italian dream. The region’s growing tourism industry has opened a great demand for luxury accommodation, and as a result, Tuscany enjoys a resurgence in investor interest in hotel development. This is why Castello di Policiano offers such an exquisite opportunity. Set in the historic heart of Tuscany, the 1,000-year-old medieval castle is picturesque in its timelessness and is singularly romantic. This must rank as one of the loveliest places in all of Tuscany. Set within incredible grounds, Castello di Policiano brings with it a rich heritage, offering luxury and elegance in an extraordinary setting, inspired by the timeless beauty and magnificence of Tuscany. 244

Breathtaking in scale and grandeur, Castello di Policiano boasts an unbelievable 3,000m² of living space over 46 rooms. The rare estate also offers 2,500m² of outbuildings, plus two ruins which, if rebuilt, would provide another 500m² of living space. The central building includes a massive tower and a beautiful courtyard with a well and a porch. The remains of the medieval church of San Martino can be spied to the south of the estate. Here is a property for the most discerning and demanding buyer. Distinguished by its incomparable architectural dignity and historical value, Castello di Policiano and its surrounding park are registered as a listed and protected property. Naturally, in a land that cherishes its heritage, this requires that the castle's restoration must reach the most exacting standards of the Ministero per i Beni e le Attività Culturali/Sovrintendenza ai Beni Culturali (Italian Ministry of Heritage and Cultural Assets). Restoration will be a long and meticulous process, requiring specialist companies and master craftsmen accustomed to working with heritage buildings of such fine character. Through the use of only the best time-honoured methods and traditional materials, the owner will show his or her respect for the structure, the character and the very history of the house, while retaining much of its aura and bringing forth the splendour of the past for future generations to enjoy.

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Architectural highlights include an impressive staircase, imposing stone fireplaces, original terracotta flooring, exposed chestnut beams, barrel-vaulted ceilings and restored stone walls. The amazing castle is six kilometres from Arezzo and 19 kilometres from Cortona , towns that are renowned as two of the jewels in the Tuscan crown. The Tuscan capital of Florence, a city of art par excellence, is approximately 70 kilometres distant. The castle, first mentioned in AD 963 when the Emperor Ottone I donated the estate to the Rectory of Arezzo, sits perched atop an enviable elevated location that affords a grand view over the Val Di Chiana and Lake Trasimeno. Set within 18 hectares of land, the exclusive estate offers superior privacy, serenity and beauty. A splendid garden with olive groves, a park and an extended wooded area further enhances the charm and beauty of the exclusive property. The area possesses the ideal microclimate and superb soil that allow for the cultivation of premium extra virgin olive oil. Castello di Policiano’s olive groves cover approximately five hectares of the estate’s gentle landscape. The 300 olive trees are divided between varieties such as Moraiolo, Leccino, Frantoio, Pendolino and Coreggiolo. In order to preserve the quality, the olives are hand picked and then cold-pressed within 24 hours. The ancient stone olive press, in use until a few decades ago, remains on display in the castle’s mill. Steeped in history, Castello di Policiano was cited in 1012 in a land exchange between the monastery leader of S. Fiora and Ugo di Ugone di Azzi, a powerful family from Arezzo of Lombardian origin. The property continued to change hands over the coming centuries. After the battle of Campaldino in June 1286, and the death of Bishop Guerriero, it was 248

one of the many area castles conquered by the Florentines. It was finally released by the Republic of Arezzo after 1303. The castle’s early history demonstrates the strategic importance of its site. Its geographical position played an important role in defending Arezzo from the inhabitants of Perugia and Siena. In 1335, Castello di Policiano was sacked by Perugians in a battle against Arezzo. From the 15th to the 19th centuries, the property was owned by the Capponi family, one of the wealthiest and most powerful banking families in Florence, and their coat of arms is emblazoned on the ancient castle walls. Since 1833, under the ownership of the Marquis Gino Capponi, the castle has served as an agricultural estate. Now privately owned, the property on offer would be ideal in a number of capacities: a world-class private residence; a boutique hotel; a stately venue for weddings, corporate and private events; wellness clinic/ rehabilitation centre/spa; personal care retirement home or seniors’ living facility; equestrian centre; or even individually owned luxury condos or residences (all subject to planning permission). Here is unquestionably a property of inestimable historic and cultural significance, waiting for the discerning buyer with the imagination and wherewithal to turn a dream into reality. Price upon request. CONTACT

Laura Gallorini www.policianocastle.org +971-56-7785374 © W International Management Ltd

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A Tuscan mansion estate exudes refined elegance and timeless beauty in a panoramic setting

ince the global financial crisis, bricks and mortar in prime locations have come to be seen as safe havens for buyers looking to preserve their wealth whilst enjoying the associated lifestyle benefits. Considered one of the most desirable secondhome hotspots in Europe, Italy remains a prime location for investors. With a rich cultural heritage and the quintessential Italian sense of style and vibrancy, the country offers property purchasers a strong tourist market in which to invest, or simply enjoy a beautiful environment for their holiday or retirement home. Second-home sales in Italy rose by 14% last year, with non-Italians spending â&#x201A;Ź2.1 billion according to data from research institute 252

Scenari Immobiliari. Germans accounted for almost 40% of transactions by foreigners, followed by the British at 18% and Russians with 13%. Many buyers are increasingly mobile with multiple residences globally, sometimes looking for a third or even fourth home. In Italy, Tuscany remains the property investment of choice. It is still one the strongest markets for real estate investment as it is one of the most beautiful in the world. Tuscany retains its perennial cachet for holiday home buyers, mainly thanks to strict planning laws and the spellbinding beauty of Tuscany's exquisite countryside. A desirable lifestyle based around gorgeous local food and wine, natural splendour and tranquillity remains the main driver of demand.

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Buyers want the advantages of the countryside, but increasingly demand good links to Tuscany's main cities and the airport. Luxuriously appointed throughout, this light and spacious country estate is the epitome of fine living in an idyllic sun-soaked location. The prestigious property is hidden away from the world amidst the splendid scenery. The luxury country house is both private and exclusive, boasting commanding views of the romantic Chianti Hills and the magnificent countryside landscape of the Arno Valley, while still just 25 minutes south of Florence. The country house's charm lies in its mix of rustic and formal elements combining simplicity with grandeur, which makes

entering the house like stepping back in time to a gracious and elegant past. Evoking a sensuous blend of high style and casual luxury, the supremely private Tuscan estate is comprised of a main villa, guesthouse, stables, swimming pool, gardens and a manageable amount of land. The main residence of 500mÂ˛ was built in the 1700s by the Duke Velluti Zati of San Clemente in an architectural style typical of the Renaissance period. The Leopoldina style, as it is affectionately called by Tuscans, has become well known for its quality, durability and harmony with the landscape. The outstanding residence blends Old World grandeur with the spectacular execution of

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authentic design and fine finishes throughout. Featuring high ceilings and incredible volumes, the living areas are a study in sumptuousness and style. A tower, vaulted and beamed ceilings, an arched loggia, four fireplaces, genuine handmade terracotta floors, antique doors, marble and frescoed bathrooms contribute to the appeal. Dreamlike panoramas unfolding from the villa's 27 picture-perfect windows capture the essence of Tuscany's enchantment. The deluxe villa features a fabulous open-plan kitchen and lounge area, a study, five double bedrooms, a spacious central open-plan living room, a second lounge and a kitchen. One of the bedrooms is situated in the tower/colombaia, providing privacy and breathtaking views in all directions. The room features a mezzanine that is perfect for a study/reading 254

area. The vast country kitchen is an entertainerâ&#x20AC;&#x2122;s dream, with glass doors opening to the garden, offering indoor-outdoor living at its finest. The adjacent stone barn contains a charming 1-bedroom guest apartment (approx. 75mÂ˛ of living space) with a fireplace and a panoramic terrace, the limonaia (a conservatory for lemon trees), and staff quarters. Further complementing the estate grounds is a stable for six horses. Planning permission is in place to build a 5-car semi-underground garage, and helicopter landing is allowed. About 220 olive trees dot the estate, producing excellent Laudemio-quality olive oil. Laudemio, in the Middle Ages, referred to that part of the crop reserved for the lord, or for the owner of the land; the Laudemio was the highestquality portion of what was harvested.

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The tranquil environment and the gracious landscape create an atmosphere of blissful harmony and peacefulness. The outdoor area – complete with a stunning saltwater pool and patio offering panoramic views – provides a seductive and relaxing setting. The lovely gazebo allows for full appreciation of the spectacular vista. The immediate surrounding views are of olive groves, a sunflower field, a cherry grove and a country church. The exquisite garden is a delight, richly decorated with roses, irises, lavender, rosemary, oak trees, fruit trees, mulberry trees, grape vines and an extensive lawn. Boasting three hectares of private land, the entire estate is enclosed and is protected by a 'riserva di caccia' which prohibits hunting by outsiders. In an exclusive and privileged position, the stunning country estate is ideally located

between Florence, Siena and Arezzo. The outstanding beauty and accessibility of the area was also recognized by British rock star Sting, as his impressive mansion, studio and farm are situated close by. The estate represents private luxury living with easy access to three international airports (Florence 45 minutes, Pisa 80 minutes and Rome 2 hours and 45 minutes). A prized position and period perfection combine to create exceptional appeal with this captivating country house that is on offer to those of exquisite taste and style. Price: €3.35 million. Leading Luxury Real Estate www.leadingluxuryrealestate.com +44 (0)20 7095 8703

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Is there really a ‘best way’ to buy Spanish property?

¡Ojalá! If only… By Susana Lajusticia and Lindsay Kinnealy, Pannone LLP Solicitors

e are often asked whether there is, in fact, a “best way” to buy in Spain. Sadly, there is no perfect solution that will suit every buyer and every circumstance. Despite what may appear in print, or be promoted by certain companies, there is no universal panacea to solve all potential ills and no one absolute option that applies to all property transactions. Each purchase has to be looked at individually, bearing in mind the investor’s circumstances.

Purchasing in Spain should be an exercise in considering and weighing the consequences of not only Spanish tax, but also the tax system of your home country. Taking legal and tax advice solely from a Spanish lawyer can present a risk and may be inadequate, potentially leaving an investor with a serious tax burden in his or her home country. It is essential to consider the Spanish tax system and that of the country of residence/domicile, hand-in-hand.

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As a dual-qualified UK solicitor and Spanish abogado, many such cases are referred to me, either with the aim of avoiding difficulties arising in the first place, or to help resolve problems that have already arisen, where a property was not originally acquired in a manner best suited to the individuals concerned. There are various ownership structures in which one may hold the title of a Spanish property. They range from the traditional individual structure (where the individual purchaser buys the property in his/her name), to corporate vehicles, which include a variety of options such as the Spanish limited liability (SL) company, an English limited liability company for UK buyers, or complex offshore vehicles. In recent times, the company option has been pushed quite vigorously and we are often asked if this is really the best way to buy property in Spain. We have to advise buyers that the company vehicle may not be the best for them. Other Spanish lawyers have also cast doubt on the efficacy of purchasing in this manner. There can no doubt be serious repercussions if certain considerations are not taken into account before diving in and taking the corporate route. It is advisable to carefully weigh the benefits and disadvantages of each possibility. Here are some of the points to consider:

Individuals For most people, the popular option for purchasing property in Spain, and one with which we are all familiar, is for individuals to buy and register the property in their personal names. Even within this well-tried method, there are further options from which to choose. The property could be bought in a sole name, jointly with a spouse or friend, with children or by a group of individuals. 258

The inclusion of a spouse or children as registered joint owners may help reduce the overall inheritance tax (IHT) liability in the future, but it is also important to bear in mind that those family members will become registered joint owners with all the legal rights of ownership attached. Allowing property to pass directly to children on the death of an owner could take control away from a surviving spouse and (potential) profits or share of proceeds upon resale. A potential disadvantage to buying the property in a sole name could be the future IHT liability upon the ownerâ&#x20AC;&#x2122;s death. This is often the dominant selling point for those who advocate the company structure and purport that it would avoid IHT liability in Spain. However, even if Spanish IHT were avoided, there would be other tax implications arising from company ownership which might well make such a structure far less tax-effective and appealing to buyers.

Inheritance Tax in Spain Whether an owner is resident in Spain or not, his/her real property situate in Spain will always be subject to Spanish IHT. In Spain, the IHT is payable by each beneficiary and is not simply calculated on the entire value of the estate, as is the case in the UK. Hence, this is something to bear in mind in deciding to make provisions about payment of IHT in a will. Rather, Spanish IHT is calculated taking into account several criteria, the value of the estate being just one. Additional imperatives include the degree of relationship of the beneficiary to the deceased and, importantly, assets held previously by the beneficiary. This latter criterion may be an alien concept to foreign buyers and does not feature in UK IHT calculations, for example. It is also worth bearing in mind two particular

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points. Firstly, that differing rates of IHT may be charged in different regions of Spain and secondly, that non-Spanish residents are taxed under central government rules, not regional. Given that IHT has been reduced and virtually abolished for residents in some areas, including Madrid, this has left non-residents at a serious disadvantage. This disparity, and apparent discrimination, has resulted in a claim being brought against the Spanish authorities, a claim that the European Commission is currently reviewing. It will be interesting to see the outcome of this dispute and whether it will result in a reduction in Spanish IHT for non-residents in the future. When calculating IHT, there are individual tax-free allowances for any beneficiary nonresident in Spain and the tax rate is progressive, generally varying from 7.65% to 34%. In the case of more remote relatives or non-relatives, however, the final amount due could be significantly higher, as it could be increased by applying a formula multiplying the IHT figure by a coefficient of 2, up to a maximum of 2.4. The following table relates to non-residents inheriting property in Spain, showing the personal allowances available per beneficiary. Kinship Group

Beneficiaries (of non-residents)

Tax-free Allowance

Direct descendants under 21

15,956.87€ + 3,990.72€ for each year under 21 (Max. allowance = 47,858.59€)

Direct descendants over 21, spouse, ascendants

15,956.87€

III

Other relatives: 7,993.46€ collaterals to 2nd & 3rd degree eg: siblings, aunt/uncle, nephew/niece

More remote family, nil unrelated persons

Transfers between spouses are not exempt from IHT in Spain (unlike the UK and France). Therefore, if a spouse transfers a 50% share in a property to his/her surviving spouse on death and that is not subsequently sold but passes in turn to the children, Spanish IHT would be payable twice on the same assets, initially on the 50% on the first death and then again on the transfer of the entire 100% share to the children on the second death. Once the personal allowances are deducted, the tax liability is calculated applying progressive rates (see table). Band up to Euro/€

Tax rate on band (%)

Cumulative tax Euro/€

7,993.4

7.65

611.50

15,980.91

8.50

1,290.43

23,968.36

9.35

2,037.26

31,955.81

10.20

2,851.98

39,943.26

11.05

3,734.59

47,930.72

11.90

4,685.10

55,918.17

12.75

5,703.50

63,905.62

13.60

6,789.79

71,893.07

14.45

7,943.98

79,880.52

15.30

9,166.06

119,757.67

16.15

15,606.22

159,634.83

18.70

23,063.25

239,389.13

21.25

40,011.04

398,777.54

25.50

80,665.08

797,555.08

29.75

199,291.40

excess

34.00

A transfer of the 50% share of the property directly to the children from the outset would have the benefit of minimising the overall IHT liability but the surviving spouse would, of course, lose control over the 50% share formerly belonging to the deceased spouse. The only way for the surviving spouse to retain some control over the deceased's 50% share in such circumstances is to keep the usufruct/ life interest in this and for the bare ownership

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(title) only to be transferred to the children. However, the beneficiary of the usufruct (usufructurio/a) will still be liable to pay IHT in Spain. There may be IHT consequences to retaining such a life interest in their country of residence/domicile in due course – eg. upon the usufructuario’s death. The final IHT liability is calculated using the relevant co-efficient detailed in the table below, taking into account the beneficiary’s relationship to the deceased and pre-existing net wealth (re- Spanish assets only for non-residents). Beneficiary’s pre-existing net wealth (Euro/€)

Group I & II

III

0 - 402,678.11

1.0000

1.5882

2.0000

402,678.11 - 2,007,380.43

1.0500

1.6676

2.1000

2,007,380.43 - 4,020,770.98

1.1000

1.7471

2.2000

4,020,770.98 (+)

1.2000

1.9059

2.4000

If there is a double taxation treaty for IHT purposes between Spain and the deceased’s country, a credit should be available in the home country to avoid being charged twice on the same assets (i.e. once by each country). Unfortunately, there is no such treaty between the UK and Spain, but we understand that UK Revenue still normally gives a credit in the UK for the IHT charged by another country on assets situate in the foreign country.

Company Purchase Purchasing a property in the name of a company is a more complex issue. The particular circumstances of each individual case ought to be considered carefully. There have been numerous corporate options offered in the past, eg. an offshore company, a Spanish limited liability company or an English limited company. Each has considerable tax implications.

English limited company: This vehicle has for a long time been put forward as the panacea for reducing Spanish IHT liability. However, there are important tax considerations to be taken into account – particularly from a UK perspective – and it would be wrong to assume that this is the best vehicle for every foreigner who wishes to purchase a Spanish property. In the UK, for example, from an ongoing rental perspective, there would be potential corporation tax, plus income tax, if any monies were to be paid out to the shareholders of the English company. There is also a risk regarding benefit-in-kind rules for shadow directors. Furthermore, on disposal of a Spanish property owned by a company, two potential scenarios could be encountered. The most common would be a liability to UK capital gains and UK corporation tax, in addition to potential UK income tax implications, when extracting the funds from the company to the individual shareholder. In some cases, the purchaser may be happy to buy shares in a company rather than the property itself. However, in our experience this is very rare, and most new investors want to acquire the real estate rather than commit themselves to a company, having to invest additional time and expense carrying out due diligence, plus the potential risks involved in a company transaction and ongoing annual company formalities. The vendor of company shares could in turn be liable for capital gains tax (CGT) and stamp duty, and therefore would need to consider this carefully. This could influence the asking price and increase costs for the buyer. As for taxes due upon death, the UK company shares would be outside the scope of Spanish IHT. However, the company shares and the property would fall within the individual’s

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estate for UK IHT purposes. Therefore, careful tax planning would be necessary to decide whether a company structure is indeed as beneficial as it may seem at first glance.

Spanish limited liability company (SL) This may be suitable in some cases where the investor is building a portfolio of properties in Spain involving mortgage liabilities, as this may offer some tax savings. However, setting up and running the company would incur not inconsiderable costs, which should be weighed against any apparent benefits.

Offshore company This vehicle was popular for a time, but is no longer the case, owing to more draconian tax measures taken by the Spanish government to tackle tax avoidance schemes. An annual tax would be payable to the Spanish authorities solely on the basis that the property is owned by an offshore company.

Life Interest (Usufructo) This is the right of enjoyment and use of a property for life, whilst not being the legal owner of the real estate. In many cases, this is suitable for a surviving spouse from a second marriage, for example, who would be named the usufructurio/a. Upon the death of the usufructurio, this life interest simply expires and absolute ownership of the property reverts to its legal owner(s), eg. children from a first marriage. Ownership in life interest (usufructo) could help reduce a future IHT liability, but tax advice would be required in your home country. Also, before such a structure is put in place, ensure that this does not have a negative impact on estate and tax liability and other estate planning issues in that country. This can certainly be the case in the UK.

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Final Words In conclusion, it is clear that the company structure is not the perfect solution it is purported to be. Furthermore, the avoidance of IHT in Spain should not be the primary or sole motivation when putting a property structure into place, as a whole range of taxes, both in Spain and your resident country, could apply, which might make purchase by the individual or by a company more or less advisable, depending on individual circumstances. Only in very limited and specific cases might it be preferable to purchase a property through a company rather than in an individual’s name. It would be necessary to first study all circumstances and available options to establish whether this was the appropriate choice. Susana Lajusticia is a dual-qualified Spanish abogado/solicitor and Lindsay Kinnealy is a Legal Director in the International Property Department at Pannone, one of only a select number of solicitors' practices specialising in overseas’ property and succession matters. With over 30 years’ joint experience in this field, Lindsay and Susana provide a bespoke legal service to private clients nationally and internationally. The International Property team advises on a broad range of French and Spanish property law issues eg purchases, sales, gifts, transfers on divorce, Wills and inheritance (including minor heirs), cross-border estates and powers of attorney. Pannone is recognised as one of the UK’s leading regional law firms and provides a wide range of legal services across its five divisions: Corporate Services; Dispute Resolution & Regulatory; Family, Personal & Financial; Injury & Negligence and Affinity. Our teams advise clients throughout the UK and internationally. www.pannone.com spain@pannone.co.uk

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Beguiling Burmese Days

Top 15 Myanmar Highlights Text and photography by Anisha Shah

YANGON BEGINNINGS Yangon is a hub for all international flights. The capital city could easily be misunderstood. Blending a rough-edged aesthetic in some corners whilst gated mansions are so grand, only the CCTV is visible, Yangon is a muticultural melting pot where decades of convoluted history have added European flavour to an Asian recipe. With complexity comes diversity; this is true of the capital. Urban street stalls and markets sit side-by-side with designer boutiques making up a patchworkquilt centre.

EXPLORE SHWEDAGON PAGODA AT SUNSET

I stand inside what feels the centre of the universe. It is, in fact, the most revered shrine in the Buddhist world. Statuesque stupas surround me as far as the eye can see, glistening an array of deep golden shades; a majestic parade of sunset reflections in the capital. As another day sinks into the horizon, it seems all the inhabitants are gathered here in collective prayer. Legends are central to Buddhist beliefs. Here, at what legend hails the worldâ&#x20AC;&#x2122;s oldest historical Pagoda, are housed

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relics of the past 4 Buddhas, including 8 strands of hair of Gautam Buddha, most widely associated with the religion. Difficult to imagine what it has endured, as it stands proud now, Shwedagon has survived earthquakes, half a century of harsh military rule and disrepair. Amidst the masses of devout worshippers, an enticing peace prevails; a harmonious cacophony of Pagodas, people and prayer. Different bells toll all around, teasing my eardrum, from near and far, displacing my already hazy sense of direction. Footsteps shuffle across the vast complex, murmurs of friends and family echo past flashing vibrant bursts of fresh exotic flowers for offerings. Combined with the heady scent of incense in the air, I’m transported to another era in another world. Amongst hundreds of gleaming golden spires and gargantuan Buddha statues of all shapes and sizes, a deep spirituality and calling to seek inward create a lasting legacy. Perched on Singutarra Hill, sweeping views over the city are tinted a dusk shade of amber. And from the heart of the city, Shwedagon Pagoda dominates the skyline with its focal 99ft glistening bell. Only monks and men are allowed to step up its terraced sides to the top. They’re best placed to gain vantage points of the 5,500-diamond and 2,300-ruby encrusted Crown, whilst the gold comprises real gold plates. The base of the Stupa was most famously known, in 1946, for General Aung San’s demand for independence. More than four decades later, it became the exact spot in which his daughter, Aung San Suu Kyi, demanded democracy. Discussing it in my taxi into the city, my driver reminds me this conversation would not have been exchanged a year ago, when heavy censorship reigned and those caught blaspheming the military regime faced imprisonment and torture. 266

Now, driving through the streets of Yangon by night, there’s a surge of hope in the air. People are embracing the newfound freedom and change. With sanctions being lifted constantly, foreign investment is pouring in. Recently, the Hilton group of hotels became the first international chain to announce plans in the country. As I write, Apple, Unilever and Microsoft are announcing billions in investment. The simplicity and earthiness of Myanmar people is a sign of the country. Whilst the last great frontier may rapidly be unravelling to tourism, it passionately retains the core of what makes it charming: genuine warmth and naivety to the outside world. People are instinctively friendly and kind-hearted. I experience this several-fold throughout my travels North to South.

EAT LOCAL AT A NIGHT FOOD MARKET

Culinary delights are extensive in an astronomical range of gastronomy. Amid the array of pricey numbers overflowing with wealthy expats and business types, the local eateries are the undiscovered talent. These unrefined, unpolished and relatively unknown underdogs gleam through their star-studded neighbours, as the best value for the most delicious authentic cuisine. Two blocks from the legendary Strand Hotel, which is the most celebrated colonial building with renowned art gallery, lies an enticing night market. Any of the roadside eateries can plate up a true taste of Myanmar. Hundreds of matchbox-sized food stalls spill out onto the streets with rickety plastic chairs and tables; it’s a tea party for locals. The boundaries of each establishment fuse into one another, creating one huge makeshift restaurant, merging into

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an entire neighbourhood. Grilled kebabs glisten in barely-there streetlights. Rugby ball-sized ripe Papaya and saffron mangoes are spliced open on display; a catwalk parade of tastebud-tingling sensations. I munch my way through a treasure trove of delectable fancies, unwittingly showing off my nonchalant greed.

HOP ON A CITY TRAIN

Myanmar’s infrastructure of roads and rail is about to undergo a massive facelift. With major investment from the Orient, plans are in place to upgrade the entire rail network in the coming year. Ironically, I catch wind of this whilst speaking to a Japanese TV Producer who happens to be the only other foreigner on the train with me. I hop on at Yangon Central, Myanmar’s largest station, initially a Victorian building built by the British but later rebuilt in local style after WWII bombing. The station itself does feature some dubious characters. But I don’t once feel unsafe here or anywhere in Myanmar. Buddhist values run deep through the veins of the country and this is clearly visible in the people of the land. On board, simplistic and worn interiors are joyfully reflective of the Myanmar of a bygone era. Hard wooden benches on either side form the seats, open windows are the air conditioning and street-vendors selling platters of tea and fruits atop their heads are the refreshments. Taking in the city sights by rail almost feels secretive, as the train snakes and winds through the back streets, offering raw unedited aspects of Myanmar life. People cross the tracks behind the train, homeless sleep alongside, tin-roofed huts weave in and out of vision; this is Yangon. I chuckle to myself at an old male passenger who steps on board donning a Panama hat, creases

like craters and second-hand T-shirt which exclaims, ‘I have the Body of a God.’ He is oblivious to the humour.

GET LOST IN SCOTT MARKET

A good stop off the train is Bogyoke Aung San Market (formerly Scott Market). Getting used to the dual names in Myanmar is a challenge. I find two names for almost every sight and every building that was once colonial. The city market is amongst the largest I’ve explored: an utter maze with winding labyrinth alleyways only plunging deeper in. Art galleries, tribal jewellery, clothing, antiques, gold and silver as well as food stalls, chemists and money changers can all be found here. It’s a heaving riot of loud bartering, hard selling and underhand buying. I delight in picking up some printed yoga trousers and ethnic jewellery. After a couple of hours wandering in the stifling heat, pick from endless cafes that border the market; here I rehydrate watching beggars in the street, crazed traffic and a man selling puppies on the corner of a street.

Where to stay: live luxuriously in Yangon The Savoy, Strand and the Orient-Express Governor’s Residence hotels come with hefty price tags. Discerning travellers seeking decadence and exclusivity will not be disappointed. Afternoon tea is a delight in any one of these. The Strand features an art gallery not to be missed for a unique keepsake guaranteed to retain, if not increase in, value. Book early for these hotels as they do fill up a year or more in advance. Currently, there is a shortage of hotels to cope with the unexpected influx of tourism to Myanmar. This is being addressed but will take time.

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INLE LAKE, THE MOST TRANQUIL SPOT IN MYANMAR

A flight, car and longboat ride transport me to the highly anticipated Inle Lake. Flights are an experience in Myanmar. They usually leave anywhere up to a day delayed but have been known to depart up to 2 hours early. So there’s no avoiding long waits at the airports. A novel way to spend time exists in the form of free libraries. Many airports have free books and magazines that one can pick up, use during the wait and return before departure. It helps. A little. I hop onto a narrow longboat, sitting at water level, single file with my guide behind me, and set off. Sailing through a pool of serenity, complete stillness abounds. It’s the perfect antidote to my usual busy life.

LEARN UNIQUE TECHNIQUE OF THE INTHA FAMED FISHERMEN

Intermittently, gentle ripples intersperse the soothing tranquillity of Inle Lake, as an Intha fisherman rows silently past. Ripples are the only indication of movement. The fishermen are like carved statues, light as dancers, as they float atop the edge of the wooden boat, attached to the boat by only a tiptoe, the other leg wrapped around an oar steering through the waters, hands gripped to a fishing net. They live in and around the lake on floating villages in houses built on stilts and tend to floating gardens of agricultural land. I stay in the most luxurious Lakefront hotel on an overwater villa built on stilts. It’s the

Maldives in a more soulful setting. From this base, I set off on a longboat at the crack of dawn in the cool lake breeze to drift a while watching the fishermen. It’s a humbling experience. Their simple actions are mesmerising. The traditional fishing technique is a dying art, as I discover. As more tourists flock to Inle, fishermen are giving up their meagre livelihoods choosing instead to sell artefacts and souvenirs at markets dotted around the lake. Some use this money to buy motorised boats and proper fishing equipment. So, if seeing the traditional art is as crucial a part to your Myanmar experience as it is to mine, get there soon.

BROWSE AN AUTHENTIC LAKESIDE MARKET

Finding the right market can unlock a feast for all the senses. An immersive, beautiful and overwhelming experience, local markets here are simply unforgettable. Lake markets are, however, becoming flea markets for tourists. If that’s what you wish to purchase, you won’t struggle. I couldn’t think of anything more displeasing, so it’s only by word of mouth on the morning I’m due to leave Inle that I hear about a local fresh goods market. It’s pitched up a few kilometres along the Lake and a little walk inland. Although it is a splurge luxury, the beauty of having a private guide accompany my entire month in Myanmar is being able to tailor my trip as I travel, whilst always having a local fount of knowledge, map and translator. As I disembark from my boat, sure enough I see maroon-lined Buddhist monks headed in the direction of market. We follow. Crossing paths, elderly Myanmar ladies are nearly doubled over carrying goods from market on their

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backs whilst younger women gracefully transport baskets of fruits and vegetables on their heads, children in hand. The ladies are draped in traditional ‘Lyungi’ long wrap-over skirts in soft beautiful colours, fine checked prints and silky materials. This is matched with high-neck sleeved tops. Their walk is entirely unique too. Myanmar ladies sway beautifully, sashaying their hips in a very womanly manner. It’s an elegant and graceful vision. Walking along dusty dirt tracks through a village then a forest, we approach an opening; a large dusty piazza on the fringes of the lake. Market morning is already bustling as families tuck into breakfast whilst selling their wares. Meats, fish, fruit, veg and clothes are laid out on small wooden tables or more often on paper on the floor, whilst plastic strapping is used to shelter the market from the blazing sun. Already, the heat is soaring, creating a haze in the air. But a refreshing breeze fans across the lake. I beeline into the centre of the colour and activity, drift about giggling with the locals, watching them interact and barter and am even offered free fruits and sweets to try. The most amazing part is that there isn’t another traveller in sight. The market proves my cultural highlight of Inle Lake.

chin. I can’t deny, it looks claustrophobic and severely uncomfortable. When I ask her about it, she explains (through my guide) that it’s a cultural belief and a sign of beauty. She had the first coil fitted at the tender age of 12. My guide tells me that’s late as many girls start at 5! As they grow up, each year another coil is added until the neck seems to stretch and elongate. The coils are never removed and come with a cushion to facilitate sleep. It’s tribal tradition that has been photographed from the turn of the 19th century. She seems happy. But when I ask about her daughters and granddaughters, she tells me she feels the coils symbolise a lack of education. Instead, she encourages her granddaughters to study and have careers, not wear brass coils. She wants them to break free from traditions of her ancestors and become educated and respected. Whilst I admire her forward thinking and am thrilled her girls will educate, I can’t help a tinge of sadness at the loss of a unique ancient tradition.

MEET THE LONGNECKED KAREN TRIBESWOMEN

She’s weaving on a stool in the corner of a makeshift house on stilts in the heart of the Fishermen’s village in Inle Lake. On first glance, she’s an elderly woman weaving. On closer inspection, she’s quite unique, bearing the proud traditions of her forefathers for generations unknown. Her neck appears curiously elongated. Engulfing it, 20 solid brass coils sit stacked from her collarbone right upto her

WATCH NOVICE MONKS PRACTICE AT A TEAKWOOD MONASTERY

The flight to Inle Lake lands at Heho airport. A short drive brings us to the town of Nyaung Shwe, affectionately coined the Gateway to Inle. From here, the longboats depart into Inle Lake. With plenty of local eateries and shops, budget travellers tend to stay here and take day trips to the Lake. I make a memorable stop at Shwe Yan Pyay Monastery. This is one of the oldest working teakwood monasteries renowned for it’s photogenic oval windows. I’m led into a room laden with ornate mosaics, carvings and mirrors in which young boys with shaved

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heads and saffron robes read and write, cross-legged, on the floor. The ceiling is gilded. It’s an incredibly moving sight, knowing these boys are young and all far from home, united by religion. Attached to the monastery is a striking temple with thousands of niches carved into the walls, each housing a miniature Buddha statue. When I visit, a young boy is sleeping on the floor, taking refuge in the temple. My guide says he may have left home.

Where to stay: spacious overwater lake villas: Luxurious residences are very few and are spaciously peppered throughout Inle Lake. Set back from the bowl, along narrow waterways, they’re hidden and blend in beautifully to the natural surroundings. Aureum Palace & Spa is a chain of residences most synonymous with luxury in the country. Overwater villas are huge with his and hers bathrooms and outdoor terrace to enjoy meals in-villa or sunset cocktails over the lake. And the sunsets are scorching spectacles. Streaking the entire sky ochres and fuschias, the intensity is mirrored in the water’s surface to create a passionate painting of fire. By night, the beauty is bewitching as bristling night skies loaded with Swarovski-studded starry constellations reflect in the lake’s surface. A Myanmar massage is an absolute must. I head to the overwater spa pavilion at dusk. I’m warned it’s not for the feinthearted. This is no lie. Fully clothed, I’m pounded with elbows, knuckles and knees, kneading out every knot in my muscles. It’s not exactly a relaxing experi278

ence but the after-effects are certainly pleasing. A natural dose of tranquilliser, I sleep blissfully at night.

KALAW

TREK TO REMOTE HILL-TRIBES

Despite the rapidly growing visitor numbers, it’s not difficult to get off the tourist path, escaping crowds to discover the essence of Myanmar. A few hours drive from Inle, the landscape transforms. A half-day trek to meet a hill-tribe known as ‘PaO’ is my chosen option, despite being a relative non-trekker. Hilly pastures, jagged mountains and jade-green valleys are exquisite. As the sun awakens, I walk into a cloud of vivid sprightly butterflies. The zesty essence of fresh oranges strikes the back of my throat as orange orchards surround some of the path. Dragonflies, deeply embellished in rich colours, flutter past my nose, before darting high and spinning circles. No sound here in the midst of the wilderness but that of loose rocks straying under my stride, making an unsteady ascent. The surrounding bamboo forest is home to an intimidating roster of wildlife including snakes, monkeys and poisonous spider. I spot gigantic spun webs in the trees. A gentle breeze flows through the narrow canyons, gathering momentum as it twists and turns, snaking curvaceous mountain bends up and down steep inclines to the hilltop village destination, where it filters as a refreshing and well-deserved breeze.

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GATECRASH A VILLAGE WEDDING!

Spirits soar on arrival by talk of a village wedding! On the trail of activity, my guide sniffs out the scent speaking to an elderly couple sat outside their longhouse. The rest of the village is a ghost town. We follow the feint sounds of bells and horns. Passing wooden homes that house several generations of families separated only by a wooden partition, glimpses of local life are clearly visible. Glutinous rice dries on verandahs on bamboo platters, open doors reveal basic means, copper pots and pans are stacked up outside homes, dogs roam sniffing for traces of food. On approach, the decibels increase. Children encircle an ice-lolly stand, choosing their treat for the day. As we approach the house, it’s clear the entire neighbourhood is convened here. Suddenly, I’m spotted by two beautifully dressed traditional women, who usher me in to meet the bride! Thrust in front of her, I thank her and tell her she looks beautiful. Within seconds I’m one of the family! I’m encouraged into the house and offered a seat on the floor in a room where men are gathered on one side and women chat on the other. Everyone is so incredibly welcoming and friendly, I’m stunned. The bride herself keeps bringing me food and drink, to my absolute amazement. Her friends are all gorgeous smiles and beautiful glowing faces. My guide translates to say they think I’m beautiful. The bride is a stunning vision in traditional costume with a belt of silver coins and bedecked in vibrant attire. The warmth and hospitality is slightly overwhelming and I’m moved to tears at the thought of leaving! To watch an entire village come together, swap stories, laugh, cook and eat together, and open up their home to a complete stranger with such passionate feeling is simply beautiful.

Where to stay: cool mountain oasis Amara Mountain Resort inspires feelings of a magical British summer garden. It’s akin to a quintessential English countryside manor home with landscaped gardens, delicious allotment growing strawberries, lettuce and bountiful blossoms painting a fairytale palette. Picture-postcard villas are converted into spacious suites with a homely communal lounge complete with library of books, for a lazy afternoon in the sunshine. Home from home, Amara was built this way, dating from the British colonial times. It’s a hidden paradise and a true gem. If you can’t stay here, visit for afternoon tea in the manicured gardens. My suite opens up to views of sunrise through a scattering of tall trees. Watching the fresh sun grow over the mist-clad mountains, peeping through the trees to warm my face, casting a radiant glow over the village of Kalaw below, is a special moment.

MANDALAY

Colour, confusion and chaos echoes through the hazy rainbow palette of buildings in this crazed city. Shanty stalls, screeching bazaars and palatial mansions are lined by labourers’ struggles at every turn. Nestled within its narrow alleyways, I spot village clans dating back to time immemorial. Mandalay’s congested cobbled streets, tea shops and herbal medicine stalls are heaving alongside jostling pedestrians and bicycles, hooting cars, workers and people earning their livelihoods in the street. Whilst the big cities boast plush restaurants with tabs high enough to cover rent for an entire month in some parts, local eateries with honest, hearty fare are just as common. At breakfast, visit one of these no-nonsense cooking delights in sanitary surroundings, for a bowl of traditional soup. Dishes are a divine marriage of innovation and tradition, reflecting the country.

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DARE TO CROSS THE WORLD’S LARGEST TEAK WOOD BRIDGE

Breaking the monotony of break-neck paced Mandalay life, ‘U Bein’ solid teakwood bridge stretches as far as the eye can trace, arching across the placid waters of Lake Taungthaman. A day trip from Mandalay by car lands in Amarapura where the 1.2km bridge is a sight to behold. Built in the 1800s out of teak posts, it’s the single main reason to travel to Mandalay. Glimmers of rose pink shimmer in the sunlight, gliding along the bridge; Buddhist nuns crossing in their vivid robes. A leisurely stroll across is a test of one’s mettle, as the sides vanish to expose dizzying drops from the edge of the crooked boardwalk. Cosy treehousestyle seating areas are conveniently located along it to sit and cast your eye into the vast green verdant fields and hazy horizon; the plateau interrupted by glistening pagodas and stupa spires for miles. This is a good taster of what’s to come in Bagan, the mystical ancient land of Pagodas.

WATCH THE FEEDING OF MONKS AT MAHAGANDA YON MONASTERY The monastery is one of the largest teaching monasteries in Myanmar. Hundreds of monks queue up every day to claim their daily meal of rice and vegetables, served by volunteers and donors. This has contributed greatly to the religious atmosphere of Amarapura, which was the former capital of the country until 1850. In single file, hundreds of monks queue patiently, 284

pot in hand, to eat. It’s a sobering dose of humility and patience in our ever-increasingly hectic world.

TAKE A PRIVATE BOAT TO MINGUN, HAVEN OF ART & TEMPLES

The subject of Rudyard Kipling’s ‘The Road to Mandalay’, The Ayeyarwady River (Irrawaddy) is huge and crucial to the country’s economy. To sail its waters is to understand the scale of the river and gain perspective on its role. Nomadic farm families live along it, arriving and leaving with the seasons. For individuals as for the country, it is a lifeline. My boat is a beautiful wooden double-decker. The top deck provides a wonderful breeze whilst a local lady hops on to the bottom and falls asleep during the hour-long crossing back home to Mingun. On approach, shacks and huts come into view. Children are playing and swimming on the sidelines. And from here, the famous unfinished Pagoda with its giant bell appears. I enter Mingun through the fabulous white Myatheindan temple. Mingun has an artistic vibe with hundreds of tiny galleries lining the main street. Some are renowned internationally. This is another great place to buy artwork as an investment, as Myanmar art is undergoing a surge in value. The unfinished Pagoda appears as a huge slab of unfinished rock. This is just the bottom of the stupa. The bell remained incomplete after 1790, when an astrologer predicted that the King Bodawpaya would die if construction were finished. Had it finished, it would have been the largest stupa in the world.

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Where to stay in Mandalay Mandalay Hill Resort is the plushest property in the city. It’s grand, large and features acres of manicured grounds with fountains, courtyards and figurines. My executive level suite is fit for royalty with views stretching across the city. I particularly enjoy the separate executive floor lounge for breakfast and drinks. Situated next to Mandalay Hill, a stunning panoramic sunset spot for local lovers, my suite boasts the second best view in town.

BAGAN: THE ANCIENT LAND OF THOUSANDS PAGODAS

Spirituality, mystique, magic, mystery…the ancient city of Bagan basks in an indescribable aura. Standing on top of the Tower adjoining my luxury hotel, the only one located in and amongst the Stupas of the archaeological zone, Bagan’s breath-taking plains are aweinspiring. Two thousand golden and antique Pagodas litter the 100 square kilometre skyline like a string of prayer beads; their glistening golden spires poke out of the vast terrain, photographing like an echocardiogram. Staggering external architecture combines with many hollow relic chambers encasing gigantic Buddha statues, walls laden with faded paintings and inscriptions. A haven of facades and frescoes, Bagan provides a fairytale playground of exploration. And this can be done by bike, tricycle, horse cart, rickshaw or car at one’s leisure. The former capital of the Pagan Empire from 1044 to 1287, Bagan reigned prosperous as the political, economic and cultural nerve centre of the country. Wealthy inhabitants and powerful rulers created 10,000+ religious monuments,

treasures and revered deities. Many feel into severe disrepair once the Empire was overthrown in the late 12th Century. Few continued to be worshipped and maintained. Others were later refurbished, with new frescoes painted over the old ones, one of the major reasons for UNESCO not designating this a World Heritage Site.

EXPLORE BY BIKE, BULLOCK CART, HORSE CART & HOT AIR BALLOON! A traditional horse cart is the most authentic way to explore on the ground. The carriage passes locals who live in less-than grandiose encasements but couldn’t be richer in natural environment. By dusk women gather, gossiping on dusty doorsteps, peeling vegetables whilst hand-rearing a crowd of toddlers, theirs and their neighbours. A gaggle of toothless elderly ladies lean against a crumbling wall engrossed in chatter, waving their leathery hands in the air by way of expression. They erupt in a resounding chorus of hearty laughter interspersed with a choking cough; the residue of a lifetime of Betel-leaf chewing. At dusk, I ride a bike to Pya-tha-Da temple, for a spectacular sunset. The smell of incense diffuses any mental distraction, soothing the soul upon stepping foot into this spine-tingling spiritual shrine. A gentle whistle hums; the warm breeze rippling through prayer flags, the hopes and dreams of a world of visitors. Faded silver and rusty bronze bells ring out a haunting melody into the vast desert and the slow hypnotic chanting of monks echo in the distance in mesmerising accord, each haunting Decibel reverberating into the depths of the soul.

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The most astounding vistas are seen from hot air balloon. ‘Balloons Over Bagan’ provides the ultimate form of transport, hovering high above the nostalgia and romance of the city. Panoramic views are simply dazzling. The fusion of hypnotic harmony, from high above, brings out overwhelming emotion. In this terrain of plethora legends, chronicling fanciful parables, the fierce sense of a bygone era is captivating. The once-in-a-lifetime experience is the single best highlight by which to marvel at Bagan’s vivid exoticism.

invisible as I recline in the stunning scenery whilst being treated to a beautiful display of local life on the shores of the Bay of Bengal. Villagers play out their daily routine, exhibiting insights into their lives right before my eyes. As tourism increases, relatively few make it this far to Rakhine State, known better in the foreign press for its pockets of religious unrest. The value-for-money here is staggering, costing a fraction of what it would on any other world-class windswept white beach on the planet. The warm waters are as exotic as it gets and loaded with beautiful tropical fish.

Where to stay: the only hotel inside the archaeological zone

Aureum Palace hotel Bagan is the sole hotel positioned within the protected archaeological zone. My lavish luxury villa is the best yet. Facing directly onto a lily pond, within touching distance of two of the thousands of historical stupas, it’s surreal to be amongst the splendours. The luxury of an infinity pool looking out directly onto the Pagodas further enhances the whimsy. Bordered closely by villages, hotel security is tight. At dawn, I arise early to wander over to the Stupas and explore their chambers. As the sun rises, Buddha statues illuminate inside. A deeply spiritual and slightly eerie experience alone in the relics, the myriad colours exude welcoming warmth.

NGAPALI BEACH

An idyllic end to a fairytale whirlwind month in Myanmar, Ngapali beach fuses the best of authenticity with picture-postcard white sand palm-fringed beach. Wild and rugged, this is the stuff of Robinson Crusoe tales. Local fruit-sellers and fishermen are a firm fixture. I feel almost 288

DAWN WALK ALONG THE BEACH TO THE FISHING VILLAGE

A wander along the coast at dawn emerges in a full-scale fishermen’s operation. Hauling in the night catch, women help offload their husbands and sons’ trawlers, scattering bucketloads of sardines on blue matting on the beach to dry out. The stench is phenomenal. Filtering through the fish, hundreds of stray dogs sniff out unwanted extras. Each of the colourful boats operates it’s own human chain. The people are jolly and happy, working together.

Where to stay: windswept beachfront paradise Ngapali Beach hotel is understated luxury at its finest. Blending into its environment with natural materials and clean clear lines, it’s an oasis of minimalistic luxury. My beachfront villa is a dream home. Floor-to-ceiling glass looks directly onto the white sands of the sweeping

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Bay of Bengal. With a perfectly intimate number of villas, privacy is the premium draw. The GM, Ulrich Morgenthaler, has a holistic approach, believing in the Feng Shui alignment of the deluxe property. I have to agree, it’s a happy place to be. Haute dining followed by cocktails on plush sofas overlooking the sea, Ngapali Beach wants for nothing, occupying a prime spot on the beach. Speaking to fellow guests, I learn that most are repeat visitors of 10+ years, a factor which bodes well for any property and speaks volumes. The spa is a rural retreat. Simplistic, organic and spiritually themed, I drift away to Asian instruments during a 2-hour full body and foot massage.

On my final evening, also signalling the end of my trip, I’m wowed by a surprise private meal on the beach. My beautiful waitress has handpicked flowers from the gardens and arranged them herself with candles and petals on the table. Lamplights dug into the sand illuminate my path under a star-filled night sky. I’m treated to fresh grilled lobster in garlic butter sauce and sumptuous chocolate fondant dessert oozing in all the right places. Reflecting on an endorphin-inducing trip, it’s clear that despite the imminent burgeoning modernity entering Myanmar, the country will long retain its essence of beauty, history and deep-rooted culture. For those willing to delve deeper, it will always be a hideaway haven.

Anisha travelled with Burma Travel Centre, a subsidiary of India Travel Centre, specialists in Asia. Tours include private local guide throughout, internal travel, transfers and accommodation. www.indiatravelcentre.com You can follow her real-time adventures on her blog ‘A Niche World' at www.ani-shah.com and on Twitter at twitter.com/anishahbbc

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ESSENCE OF ETHIOPIA Remote Southern Jungle Tribes Text and photography by Anisha Shah

er bottom lip was ceremoniously split open at her coming of age. It’s since been stretched and widened. Now, here she stands, gracefully inserting a 13cm decorative clay plate into the fold; elegantly showing me her time-old traditions and the mystical beauty of the ‘Mursi’ tribeswomen. Her eyes are piercing; the whites brilliantly blinding against her buttery coffee skin. Similarly slit, her earlobes sparkle, featuring equally large golden clay plates. It’s an incredible breath-taking sight, reducing me to sheer awe & admiration. The Mursi is a tribe of deep-set cultural roots, dwelling in small clusters of clans in Southern Ethiopia’s remote Omo Valley, close to the South Sudanese and Kenyan borders. The origins of these decorative traditions are unconfirmed; I’m led to believe aesthetic beauty but a counternarrative suggests deliberate

disfigurement to protect women from former passing Arab traders. With a baby clutched to her breast, swarms of flies at her eyes and nipples, and face streaked in ghostly white tribal paint, another topless Mursi lady emerges from a straw-capped ‘Tukul’ hut. Robed in a multi-coloured cloth, her shaved head is gracefully decorated with a string of bright dried oranges. Protecting the clan, four tattooed tribesmen are armed with Kalashnikovs. It's a curious vision; the most surreal in my lifetime of travels. But, being a solo traveller I don’t have the luxury of feeling unnerved, overcome only with phenomenal respect. Travelling through this remote uncharted territory, where paved roads are few, distances vast and any sense of familiarity alien, is my greatest personal challenge. Yet every moment becomes a memory of a lifetime.

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Isolated Omo Valley Tribal living conditions are modest and humble. The dense mud, animal manure and persistent flies are relentless. Yet these earthly elements are worshipped as God's gifts of survival. Inside a Tukul, the air is thick; redolent with black plumes of smoke billowing from charcoal cooking stoves. Native grain, ‘Teff,’ is cooking to make a large spongy flatbread-like staple, Injera with which delicious stewed lentils and spiced chickpeas are eaten. Having poured the mixture onto the stove myself, an entire neighborhood of appreciative tribesmen eagerly gathers and applauds, appreciating my botched creation. The epicurean delight is consumed in a hearty sit-down meal, on the very ground from which 90% of Ethiopia’s population survives. Birthplace of the bean, Ethiopian coffee rounds off the meal in a ceremony. The lady of the house takes charge, as Ethiopian women do most things in the country, being the breadwinners, family-bearers and housekeepers. Beans are roasted, ground and brewed before guests, producing a deliciously rich intense cup. A tribal belief provides food for thought, ‘We must share whatever we have with our brother, cousin and neighbour, or we face being ostracised from the clan.’ Admittedly, some tribal beliefs centre on ancient superstition and deep-set traditions so firmly embedded, they can be quite overwhelming for a ‘Farangi,’ (foreigner) as I’m constantly called. I wonder if this word could serve as a metaphor as we each eye the other in wonder of what’s so unusual to both of us.

Red Soil, Butter & Necklaces: Tribal Outfits Off-roading in a luxury 4x4 through the winding jungle path, deep into the unfurling

expanse of exotic birdlife, monkeys and wild deer, there’s an unexpected bustle. Market day is heaving with the whimsical Hamer tribe. A group of Hamer tribes-girls run over, wide-eyed and curious. They touch my hair and stroke my skin, excitedly chatting in the melodic Amharic language. The word 'Konjo' is repeated at me as they play with buttons on my dress. I do the same in return, intrigued by their outfits. My guide translates, ‘they say you’re very beautiful.’ Yet their beauty is, quite literally, heart stopping. Draped in mass multicoloured beads and fur-lined leather hides, breasts and backs are exposed. The sea of heads is an outlandish explosion of flame-red braids; thickly coated in a paste of red soil and butter. Seeping onto foreheads and necks, the ochre paste melts beautifully into the starkly contrasting chocolate skin. Protruding metal necklaces indicate the woman is first wife. Two metal bands are indicative of the second, apparently a pleasing factor as the woman’s duties diminish! Exposed backs proudly display scars of slashings that girls accept as a precursor to marriage. The more they can tolerate, the better their married lives will be, as the belief goes. Hamer tribesmen don a distinctly special hairstyle. It’s closely shaved with the crowning glory of a centrepiece resembling a furry microphone cover, sat at the centre of their head. Despite being advised to sit and observe at a distance, I nosedive into the pulsating beat of the crowds, weaving through these curious peoples and even striking up some form of sign communication.

Stimulants, Home-distilled Brew & Tobacco at Market Tobacco and locally grown amphetamine-like stimulant ‘Khat,’ from flowering plants native to the Horn of Africa, are on sale alongside vegetables, fruits and home-ware. Khat is

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chewed raw by all ages, but mostly men. Inside compounds, crowds are drinking (and insisting I try) homemade ‘Borde’ beer and home-distilled alcoholic Barley ‘Araki.’ I embarrassingly choke on the strong resin as it flames down my throat. Market morning is a captivating world of unique sights. Personally, it feels even more incredulous being completely alone in an otherworldly land.

this stage in my Ethiopia travels, I’ve survived the stomach bug and have since shed any shyness toward local food and drink. So I try a little of everything. But nothing so far as delicious as this freshly netted catch.

Weathering the Wilderness

Independent boutique lodges pepper the South. With the emphasis on natural comforts, they’re exasperating in extraordinary views and isolated locations. Opening up my windows to raucous birdsong, the call of wild Hyena and a fireball sun casting electric ribbons of heat onto my face, overlooking endless mountains and lakes, rivers and waterfalls, this is African nature at it’s truest. One of the finest luxurious lodges is Aregash in Yirgalem. Run by Italian-Ethiopian Marika, and her Greek-Ethiopian husband, Gregory, be prepared to feast on the freshest ingredients, hand-picked from their acres of grounds and plantations, eaten in homely meals side-by-side with the fascinating couple. I lose track of time as we discuss the country, their origins, and the heart-warming story behind ‘Aregash’ lodge. The handful of dwellings are superfluously spaced with beautiful natural furnishings. Cocooned within Sidama region’s coffee plantations, I’m treated to a guided dawn trek through lush forest shrouded by scores of dense Avocado, Mango and Banana trees. We descend a valley to a small stream where locals bathe. Children, aged about 9, are filling water containers to lug back up. Clambering behind them up a steep embankment, I’m shocked at their fitness carrying heavy gallons uphill (and embarrassed at my breathlessness to haul my own body weight up). At the village, I spot a little boy playing football alone on a dirt track. An impromptu kick-about with him leaves both of us covered in soil and muck laughing

Intermittently, sharp thunderous bursts of rain descend upon Omo Valley with fierce attitude, transforming paths into mud baths; liquid pools of murky chocolate residue. Clouds blanket the lush carpeted hills in dense fog. An eerie mist creeps and folds over the valleys. Minutes later, the blazing desert sun denies any trace of rainfall.

Southern City Awassa We approach one of the biggest cities in the South. Awassa is large and modern with a popular university. It’s a vibrant contradiction. Loaded with coffee shops, bars and restaurants, a trip to the lakeside fish market is a place of tradition and a must-visit. I watch boys return, nets laden with Tilapia, aboard tiny wooden boats. Be wary of the gigantic life-sized Marabou, Pelicans and Kite as they scavenge the coastline for leftovers. Watching them tuck in, my own stomach growls. Luckily, this is the place to fill one’s beak. The shore-side market is a thriving mass of stalls lined by groups of friends convened over freshly grilled, marinated and curried fish. Wandering past, I hear the sizzling oil deep frying every juicy morsel of fresh fish before it’s presented in all its glory. I’m told to tuck right in, by hand, as the waiter artistically drenches my Tilapia with the juice of three fresh lemons and an accompanying garlic chilli sauce. By 294

Nature-Inspired Remote Lodges

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out loud. The entire neighbourhood comes out to watch, joyously erupting in applause. Hungry work, I head back to the lodge for a heart-warming breakfast of steaming honey porridge and freshly brewed spiced tea amidst epic valley views.

Ethiopian Imprint Ethiopia has a way of seeping into one’s soul. It’s discrete yet potent. ‘You came with an open mind and are leaving with a full heart,’ recounts Nick Crane, a former Brit who runs ‘Africa’s Highest Lodge’ in the UNESCO World Heritage Simien Mountains, at the end of my long voyage. I discover Ethiopia to be life changing. Few world destinations leave such a penetrating footprint on my psyche. The boundless energy and mystique resonate, as Ethiopians radiate such a ferocious love of land, it’s infectious.

Luxury of Flying Solo in Omo Travelling the tribal and tropical South alone in a luxurious Land Cruiser with private driverguide is a splurge. So much so, my driver is constantly asked two questions: 1.Whether his client is ‘rich’ and 2. Why a young girl is travelling alone without her husband. The assumptions are extensive. This is as luxurious as it gets in Ethiopia but I use the word ‘luxurious’ loosely. The experience factor regurgitates my initial outlay as an immersive, personalised and instinctive adventure. With a private driver, being able to stop where I fancy and change plans on the road is the ultimate luxury. THIS is Ethiopia true. Far from the mass famine that blighted the landlocked nation in 1985, crippling the nation’s image for decades to come, luxury is now on the verge of emer-

gence. A magnet for the intrepid and wealthy, travellers I encounter are cultural buffs with a spirit of adventure, who’ve already unearthed the most elite spots on the planet.

North Ethiopia’s Ancient Civilisations Only in the land considered the cradle of civilization, where the headline-hitting skeleton of early mankind ‘Lucy’ from 3.2million years ago was discovered, can the cryptic web of millennia begin to unravel. Mentioned 47 times in the Bible, the only country that has never been colonized, Ethiopia radiates an intriguing and enticing aura. To the open traveller, timeless tales of the land will be unearthed, ancient stone by historic obelisk, capped by 9 UNESCO-heritage sites. A wealth of ancient tales hails from the land that has stood the test of time, in the form of art, inscription and architecture. And the elusive Ark of the Covenant! Dissected by the Great Rift Valley, Northern Ethiopia is abundant in archaeological, cultural and natural riches. This is the continent’s masked treasure.

Address in Addis The wildly multicultural Addis Ababa is a great launch pad; 3 successive dalliances with the sprawling capital help me gain confidence in city rambles through art galleries, historical museums and local markets. Addis is the only city to boast international hotels. Twice, I stay at the Radisson Blu with all the media mod cons and food indulgences I could hope for. I’m joined in the dining room one evening by Ethiopia’s national football team, following their win against Botswana. On the last occasion, I stay at the Hilton, which is synonymous with the young beautiful professional crowd,

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particularly on a Friday night when the legendary bar and courtyard fill up with designerclad cocktail-clasping bar-perching beauties.

Aksum, the Wild Card City Zealous fervour for the historical route, including Lalibela's mighty rock-hewn churches and Lake Tana's hidden island monasteries is put into perspective, as Aksum is the wild card that steals the show. Lacking the glamorous recognition of its acclaimed neighbours, the former Capital of the Axumite kingdom for some thousand years, is pivotal in Ethiopia's history. Awakening at a hilltop lodge, I've the most enviable view of a stellar sunrise over Aksum's 1st century BC monolithic stone Stelae. As it climbs, the fireball globe pours molten gold rays over the world's most mysterious UNESCO-designated land, where obelisks and treasures square off against royal tombs and the elusive Ark of the Covenant. Ancient mysteries are uncovered, stone by stone. A dawn stroll through the town unearths a mystical procession of thousands, bedecked in white scarves, funnelling single-file in a seemingly hypnotic state; an entire town marching to Church. There, elders engulfed in creases like craters are deep in prayer. Best known is the Church of Our Lady Mary of Zion. The rather inconspicuous adjoining 'Chapel of The Tablet' lays claims to the Ark of the Covenant, held under guard. It’s believed to have been brought to Ethiopia by Menelik I, son of Queen of Sheba and King Solomon of Jerusalem. Considered the Founding Father of the Ethiopian royal family, Menelik I earned the affectionate title 'King of Kings’. After dark, Aksum’s alter ego emerges. A trip to utterly local 'house' bars is exciting, as they become cavalier Tigrigna dance floors, explo302

sive in regional music and moves. This is where Ethiopia wears its heart on its sleeve. After a few St George or Dashen beers surrounded by haunting Amharic vocals it's impossible not to lose yourself to the city’s magnetic soul.

Mysteries of Lalibela’s Unesco Rock-Hewn Churches If you mention Ethiopia to a non-traveller, they may reply 'famine’ or ‘world aid,’ as I experience pre-travel. The country challenges this negative association of a bygone time, which, today, stands misrepresentative. But, mention Ethiopia to a traveller; they'll likely respond 'Lalibela,' and with good reason. A short flight from Aksum, the UNESCO Monolithic churches are a pilgrimage site and the country’s most recognisable landmark. On approach, the 12th Century 'Bête Giyorgis' Church of St George comes into view from a height. Looking down on the ‘Eighth Wonder of the World’, it appears as a Greek cross carved into enclosing volcanic rock. It’s easy to appreciate the architectural masterpiece. I marvel at the technical foresight. But then remember, legend has it the North & South church clusters were carved out of red granite with the help of divine intervention from angels. I navigate a tiny canyon down steep narrow steps along rocky ledges in Indiana Jones fashion. Manoeuvring a labyrinth of interconnecting tunnels I’m led to a dark entrance; interior only lit with diminutive phosphorescent light. Inside, tiny cave altars are manned by extremely traditional-looking Ethiopian Christian Orthodox priests bearing impressive precious crosses. Beautifully carved windows and doors allow a little natural light to seep in, subtly illuminating deep dark corners and elderly worshippers. Each Church has distinct

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architectural style, superbly crafted; many decorated in elaborate paintings and frescoes. They house age-old religious manuscripts with original inscriptions and religious murals so ancient the stories would be lost to us forever without them.

Dramatic Landscapes on the ‘Roof of Africa’ For a conspicuously contrasting setting, I fly into Gondar and make a bumpy car ride up into a scene that’s changed little in millennia. Spellbound at nature’s ability to paint pristine landscapes using such a minimal palette of colours, UNESCO-designated Simien Mountains National Park is, simply put, one of the world’s most awe-inspiring destinations. A 600m-year-old volcanic massif; as I enter deep gorges, distant brooding undulating high peaks close in, forming imposing steep walls of dazzling arid outcrops on either side. At the height of secluded wilderness for any bonafide explorer, trekking here is amongst the best in the world. Long golden-haired Gelada monkeys brush past displaying bright red ‘bleeding hearts’, wild Ibex drop off the face of rocky boulders and Bushbuck hide in the distance. Majestically rising out of the rocky plain, Ras Dashen is the highest peak in Ethiopia at 4620m, and fourth highest in Africa. My oasis is Simien Lodge, self-titled ‘Africa’s Highest Lodge’ in a spectacular setting crowning the extensive 60km crag at the summit. Homely villas are chameleons of nature, glistening in shades of rose, copper and auburn from dawn through dusk. Owner Nick Crane is often found hiking surrounding hills or entertaining guests with his infectious enthusiasm for country. At sunset, gather by the log fire in the bar with a warming glass of ‘Ethio’ (or international) wine, whilst wrapped in considerately placed blankets, for a talk on Simien nature and wildlife. 304

Close Kalashnikovs The strangest moment at the Roof of Africa has to be picking up two armed rangers from Debark town; the entry point to the Simiens. Watching them casually enter my vehicle, huge Kalashnikov rifles in-hand, is rather unnerving and slightly surreal. The guns, along with machetes and sticks, indicate authority for park rangers and village heads, harking back to days when bandits dwelled in the mountains.

Treasured Island Monasteries on Lake Tana In contrast, it’s the stillness of Lake Tana, the largest lake in Ethiopia and the source of the Blue Nile, which leaves me spellbound. I board a beautiful private boat from Gondar, sailing the vast exotic waters teeming with birdlife. Reclined on the shaded decking, a papyrus reed boat drifts by; a single fisherman rowing miles from land. We stop at some of the 37 miniscule shrub-shrouded islands, housing Churches from 13th-16th Century, scattered like hidden jewels in and among the waters. Each Church and monastery is embellished in vivid natural colour frescoes and priceless artefacts dating from the dawn of Christianity. My well-versed guide, Dawit Teferi, demystifies each, depicting the evolution of religious art through the eras. It's a topic close to his heart, as a researcher on Church art, shortly to speak at a world-class event in the apt European city of Vienna.

The Address Back on shore, Kuriftu Spa Resort is a luxury hotel chain known for deluxe lifestyle. Set on the shores of the still lake, suites are replete with plush terrace day beds, sheltered from prying eyes whilst allowing sweeping views

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over Lake Tana. Alongside, a sofa and log fire are aptly positioned for Sundowners with stunning vistas. The interiors are spacious and comfortable with the best power-shower in the North. The Spa is a sanctuary for girls, with fabulous beauty and spa treatments reserved into the evening.

Evolution of Ethiopia Africa conjures up thrilling images. We all watch the booming cities, crowds and cars. Economies are flourishing as fast as the population. But as I've seen, there is an historical and wildly immersive side to the African experience. Ethiopians have always been surrounded by sensory beauty. Rolling mountains gush red soil deep into wild rivers, tropical shores are tree-lined and the jungle fiercely tribal. It's easy to find time and space for isolation. Yet Ethiopians are most sociable beings, with traditions of tribes and clans. Free time is gathered at Church, sheltering under the roof of belief. At night, villagers gather for an evening meal under the stars. These elements of Ethiopia's grace are key to explorations of the country. It's a clean break, enabling reflection on the fascinating fusion of lives.

I’ve travelled the globe in serious style and utmost luxury. As I’ve evolved, so has my definition of Luxury. Visitors to Ethiopia enter a minute percentile of the population allowed access to an undisclosed secret. It’s surprisingly safe yet intensely immersive. Ethiopia selflessly rewards travellers with unique perceptionaltering moments and all without any hint of tourists en masse. That, to me, is pure unadulterated luxury. But with exciting plans to emerge as a world-class travel destination, I’d say get there before it’s discovered.

Takeaway Memoir Reflection is powerful. One formidable moment sums up my Ethiopian adventure. Stopping the Land Cruiser in a remote rural road to photograph a soiled jungle river, I find myself surrounded by local children from a forest village. My new 20-strong clan hold my hands, smile and chat, escorting me back to the Jeep. Suddenly, the driver turns up the car stereo. As African beats resound into the jungle, he starts to dance, and so do the children. I follow suit. We’re all dancing in the midst of a never-ending isolated dusty road, in the blazing sunshine, twirling, clapping our hands and laughing loud with no cares in the world. At this point, I lose all sense of reality and live just for this exhilarating moment. My heart remains abandoned in Ethiopia.

Anisha Shah is a multi-lingual & multicultural award-winning Broadcast Journalist. Anisha's innate affinity to new people, cultures and lands has seen her traverse vast terrain, from developing countries and emerging destinations to luxuriant tropics. With a fierce interest in conflict zones, stemming from her childhood dream of being a war reporter, as well as a passionate penchant for luxury hotels and properties globally, as a keen investor, her travels provide unique insights into rare destinations, cultures and lifestyles. You can follow her real-time adventures on her blog ‘A Niche World' at www.ani-shah.com and on Twitter at twitter.com/anishahbbc

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Kitchen C onfidential Top chefs share their recipes

In each issue of THE ADDRESS Magazine, leading chefs from some of the world's most highprofile restaurants share their recipes. In this issue, meet Adam Byatt, chef-owner of Trinity in Clapham, London, UK

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Trinity, Clapham, London, UK Offers fine dining with a friendly neighbourhood restaurant flair • Showcases classic cooking with a touch of modernity, where seasonal, inspiring ingredients take the centrestage • The cuisine offers a combination of truly wonderful flavours, textures and visual delight • Starters may include chilled vichyssoise of wild garlic and Jersey royals; and scallop ceviche, apple and sorrel • Mains may include baked stone bass, crab-filledcourgette flower, apple and samphire; and Dexter sirloin, Dorset snail persillade,scorched onions and truffle creamed potato • The wine list is enviable, with more than 250 international bins available – many by the glass - and a well-edited, well-priced selection of 20 wines in ‘The Chef’s Cellar’ • The restaurant showcases understated elegance with sleek, dark looks and pristine white linen • The Chef’s Table is the best in the house, with room for 12 diners and views directly into the kitchen • The service is excellent; smart but unstuffy, professional but informal. www.trinityrestaurant.co.uk

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JOHN DORY with CAPER, BLACK OLIVE and VINE TOMATO SALAD Courtesy of Adam Byatt at Trinity, Clapham, London, UK 308

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INGREDIENTS 4 x 150g fillets John Dory (skin on) Sea salt Freshly ground black pepper Olive oil 10g butter Juice of half a lemon Salad

250g small plum vine tomatoes 80g black olives 2 small red onions 75ml good-quality olive oil 50g fine capers 2 tsp sea salt 50g basil shoots

PREPARATION For the salad, cut each tomato lengthways into halves or quarters, depending on their size. Cut the olives lengthways and remove the stones. Peel and finely slice the onions. Place the tomatoes, olives and onions in a large bowl and combine well with the oil, capers and salt. Add half of the basil shoots and mix well. Leave to marinate in a tray or other flat container at room temperature for at least an hour (or up to 8 hours) before serving. METHOD Lightly season the fish with salt and pepper. Heat a non-stick frying pan over a high heat, then splash in some olive oil. Once the oil is hot, place the fillets fleshside down in the pan. Take care to lay the fish away from you so that the hot oil doesnâ&#x20AC;&#x2122;t splash your hand. Cook the fish until golden brown (this will take no more than 2 minutes), then turn the fillets over on to their skin sides and remove the pan from the heat. Add the butter and lemon juice to the pan and allow the fish to sit in the pan for 1 minute. Divide the salad equally between 4 bowls and spoon over the juice that has collected in the tray. Lift the fish out of the pan and drain well, then place skin-side down on top of the salad. Scatter the remaining basil shoots around and serve straight away. Serves 4.

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ENGLISH CHERRY PAVLOVA Courtesy of Adam Byatt at Trinity, Clapham, London, UK 310

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INGREDIENTS 600g fresh English cherries 300g icing sugar, plus extra for dusting 8g leaf gelatine

6 egg whites 200ml double cream

PREPARATION Remove the stones from 500g of the cherries, reserving 100g whole cherries for the decoration at the end. Line a deep 30cm x 20cm baking tray with parchment paper. Preheat the oven to 170°C/150°C fan/gas 3. METHOD Place the pitted cherries in a baking tray, sprinkle over half of the icing sugar and bake for 40 minutes until the cherries are soft. Remove from the oven and strain the juice from the cherries into a bowl. Turn the oven up to 220°C/200°C fan/gas 7. Soak the gelatine leaves in a bowl of cold water until they are soft, about 10 minutes. Lift out and squeeze the leaves, then add them to the warm cherry juice and stir until dissolved. Refrigerate until set. Tip the baked cherries into a blender and blend to a smooth purée. Transfer to a bowl and chill in the fridge until serving time. Put the egg whites into a bowl and whisk with an electric mixer until thickened. Add the remaining icing sugar and continue whisking to a meringue that is firm enough to hold a ribbon trail when the mixer is lifted. Using a palette knife or spatula, spread the meringue evenly over the lined tray to a thickness of about 3cm, keeping it textured on top. Place the tray in the oven, close the door, and immediately turn the oven off. Leave the meringue in the oven for 6-8 hours (this is best done last thing at night so that it is ready when you wake up). To serve, lightly whisk the cream. Spoon the crisp but chewy meringue on to individual plates and layer with the cream, cherry jelly and cherry purée. Decorate with the reserved whole cherries and dust with icing sugar. TIPS The cherry purée can be added to bought vanilla ice cream to make cherry ripple ice cream. Clotted cream can be used instead of double. Serves 6. www.theaddressmagazine.com

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Fabulous Foodie Inspirations

Here we serve up gourmet food, nifty tools and stylish tableware for the ultimate dinner party

Spice Beauty Good Scandinavian design never fails to impress. Danish design house Menu exemplifies everything that we love about timeless Scandinavian design. It is the essence of understated simplicity and breathtakingly elegant. Yet it still somehow possesses a warm, natural and practical flair. In addition to its minimalist, bold and pure design, the grinder set is highly functional. Conceived with style and practicality in mind, the grinders are shaped like water bottles and function in a similar way. No one would turn a bottle upside down to stand on the table, and by that logic, Menu has placed the ceramic grinder on the top, keeping salt, pepper or spices inside the grinder and off the table. Cleverly designed by Norm designers Jonas Bjerre-Poulsen and Kasper Rønn for Menu, the bottles have adjustable settings that range from fine to coarse. Adding a decorative finish to any table, here is great design aesthetics at its finest. www.menu.as

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design and unparallelled functionality, the kettle from ritterwerk is a new favourite of ours. Partly thanks to its stylish and modern design, but mainly because of its four pre-set temperatures, it is perfect for the meticulous coffee gourmet who needs just the right temperature for the French press coffee. It also steeps tea at a precise temperature. The LED indicators show the set temperatures of 70°, 80°, 95° and 100°C. For added convenience, the cordless kettle comes with a 360-degree pivotal base and heat-resistant, quality acrylic housing. Other highlights include ultra-fast heating, boil-dry protection, automatic switch-off, overheating protection and removable lime scale filter. A worthy winner of the Red Dot product design award 2013, the sleek water kettle is a must-have for tea and coffee lovers. www.ritterwerk.de

Great Looking Bread Bin The ultimate stylish storage solution for all loaf needs, the elegant bread box makes a stunning addition to modern and traditional kitchens alike. Crafted from food-safe melamine, the intel-

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ritterwerk

Joseph313 Joseph

ligently designed bread bin from Joseph Joseph boasts not only style but practicality: the quality beech wood lid doubles as a cutting board with crumb-catching grooves. Simple and clever, just how we like it. www.josephjoseph.com

the sturdy rolling pin, along with the comfortable ergonomic shape, ensures ease of rolling dough or pasta. No wonder this product won the Red Dot design award! www.fiskars.com

Measuring Perfection

For the avid tea drinker, this is definitely a kitchen must. Fun and functional, the Tea Egg is a stylish and useful alternative to a tea bag or traditional strainer. Designed by the Danish design company Made by Makers for Normann Copenhagen, the six-colour range gives the freedom to assign each colour to its own tea type. One can use, for example, the black one for serving chocolate truffle black tea, or the red one for a cherry roiboos. The long stem has the added advantage of making it easy to stir in the milk and honey. Its simple and practical design makes it really easy to clean, and because it is made of silicone, isÂ suitable for dishwashers. Simply genius. www.normann-copenhagen.com

Designed to suit sous-chefs and amateur cooks alike, the 3-piece measuring beaker set is an innovative, clever and functional kitchen tool from Chef'N. By combining nylon and silicone, the Pinch + Pour beakers have a rigid frame and a flexible pouring spout for ease of use. The pinch/pour capability is really great. Holding up to 960ml, the sturdy beakers are heat tolerant up to 340Â°C. Clearly marked with Imperial and metric measurements, they are compatible with any recipe. The spacesaving nesting design addresses kitchen storage issues. Finally: measuring perfection. www.chefn.com

Scalable Elegance For high-precision cooking at its best, meet the next generation of kitchen scales. Slim, sleek and stylish, the duo kitchen scale from Masterclass comes with a cool stainless steel finish and LED display. Using an incredibly precise sensor system, it weighs both liquid and dry ingredients. Just 1cm thick and with the add 'n' weigh tare function, the scale is a joy to use. Its aesthetically pleasing look will add some serious style to the kitchen. Here is where functionality, accuracy, durability and style cohabitate. www.kitchencraft.co.uk

A Must-have for any Baker Designed by Jakob Heiberg for Fiskars, this functional rolling pin was honed with performance and precision in mind. A musthave for any baker, the non-stick coating of 314

For Tea Lovers

Barbecue Innovation Modernize the barbecue with the revolutionary must-have addition to the grilling arsenal. For grill masters everywhere, the GrillComb from Fusionbrands could be the best money ever spent. Made of food-grade stainless steel, the GrillComb utilises a multi-teeth design to allow easy sliding of shrimps, beef, chicken and vegetables onto a secure skewer that is easy to flip and control on the barbecue. After searing to perfection, the food easily slides off the GrillComb onto the plate. No more burst tomatoes or smushed scallops. Barbecue in style with the clever combination of innovation and style. www.fusionbrands.com

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Fiskars

Normann Copenhagen

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TA LIVING

Style & design discoveries for your home

Add a Touch of Greenery

Kristalia

Viteo

Good-looking and intelligently designed, the Karoo planter is a great solution for green fingers, adding an irresistible touch of greenery to any setting thanks to its simple indoor/ outdoor modular system. Designed by Jiri Vermeulen for D&M, the eye-catching geometric design looks extremely smart and functional. The planter lets you grow plants, flowers or fresh herbs in any environment: large or small spaces, horizontally or vertically, indoors or out. Design your own green living wall virtually anywhere: snip herbs right off a hanging herb garden in the kitchen; plant an ornamental wall in the living room or a vertical vegetable garden on the terrace; or place them in a more conventional horizontal position in the garden, conservatory or kitchen. Other highlights include modularity, where the system allows easy vertical and horizontal expansion, plus special kinds of potting soil designed for vertical installations. Blending engineering ingenuity with striking design, a green wall is a living, oxygenating work of art. www.karoo-dmdepot.be

Minimalism Brilliance Effortless style. Sublime design. The beauty of the breathtaking table lies not just in its sense of minimalism and simplicity, but its sleek engineering perfection. Created by Luciano Bertoncini for Kristalia, the dining table boasts such an incredibly thin top that it appears to be suspended in the air. The Thin-K table challenges the laws of gravity, extending almost three metres, while keeping an infinitesimal thickness (or thinness) of just 6mm. A showcase of minimalist brilliance at its best, the designer table is my latest must-have. www.kristalia.it

Outdoor Style There are few things more pleasurable and invigorating than showering under the sky. Winner of both the prestigious Red Dot design award and the iF Gold Award, the innovative and minimalistic shower from Viteo is a step forward in outdoor furniture design. Conceived by star designer Danny Venlet, the timeless and elegant outdoor garden shower brings both style and function to the garden.

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The genius concept is amazingly simple: the shower spray is activated by body weight and rises in an arc up to four metres, then rains gently down. The Viteo garden shower works anywhere where there is a water supply and a garden hose. Ideal for the garden, patio or terrace, the design is stripped down to its essential function, allowing it to blend in nicely with any outdoor setting. Now is the time to splash out on the ultimate outdoor shower. www.viteo.com

Serve in Style Mojoo produces elegant and subtle designs that, with understated simplicity, capture the Scandinavian spirit at its finest. Stylish and crisply elegant, the handmade lacquer trays have a fantastic finish: 12 coats are applied, the final layer buffed to an unmatchable high-gloss shine. The trays have been designed with function in mind. The collection comes in a variety of shapes and sizes for serving canapés, sushi, cocktails and tea. The timeless trays will ensure that whatever is served, is served with style. www.mojooshop.com

Pure Indulgence Combining functionality and durability with clean lines, the wonderful wool throws epitomise the understated high quality associated with Finnish design. The 100% pure wool throws are masterfully woven at Lapuan Kankurit, a family-owned weaving mill instilled with a stunning heritage that spans four generations. A selection of several upbeat colour combinations as well as more understated, earthly colours, the fine throws will update any room 318

by adding a splash of colour and warmth. Beautiful in their simplicity and timeless in style, the woollen throws effortlessly enhance the look of the home to create inviting interiors that exude relaxed elegance and contemporary charm. www.lapuankankurit.fi

Become a Domestic Goddess It is something of a triumph to be able to make the most mundane of household cleaning products desirable and stylish. Roullier White's signature range Mrs. White’s is one of our long-standing favourites, offering everything a domestic goddess would ever need. It is based on traditional family recipes, many of which came from founder Lawrence Roullier White’s great-grandmother, Mrs. White, who worked in some of London’s grandest homes in the early 20th century, with only three days off a year. In that time she penned a journal of tips and recipes. The journal forms the basis of the products offered under the Mrs. White’s label. Mrs. White's stylish, all-natural cleaning range is handmade in the UK, using the highest grade of essential oils and other ecologically sound ingredients. An absolute treat for the senses and super-effective, the line includes all-natural ecological garden furniture cleaner; luxury beeswax furniture polish; all-natural chrome and stainless steel cleaner; all-natural ecological washing up liquid; all-natural carpet and upholstery shampoo, and many more. Beautifully packaged in brown glass bottles with quirky illustrated labels, the range radiates old-world charm. Here is an inspiring source of top products for keeping the home – and conscience – squeaky clean. www.roullierwhite.com

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