Overseas - Tuesday, September 25, 2007

Amanda Shiel takes a look at some of the finest developments in this picturesque country

Campiglia Marittima, Tuscany

The 8 century Castle of Campiglia (Campiglia Marittima) will be renovated and converted into studio, one- and two- bedroom apartments. All work is being carried out by local artisans, using materials sympathetic to the original construction.
Residents will have full access to an indoor pool and solarium. Located in the small village of Campiglia Marittima, in the Alta Maremma region of Tuscany, the castle itself is surrounded by parkland and has views across the Gulf of Fallonica, looking towards Corsica.
Both Ryanair and British Airways have regular flights from London to Pisa and the Castle of Campiglia is just 50 minutes drive from the airport.
Only two apartments remain, to be completed in the second semester of 2008. Prices start at €500,000. Contact Chesterton International on 0207 201 2070 or visit chesterton.co.uk/international.

Tuscany

Set in the hills between San Vincenzo and Campiglia Marittima in Tuscany, this five-bedroom villa with sea views will feature a large living space, gym, internal swimming pool and an external infinity pool.
The two-storey stand-alone villa is designed using bio-architectural principles – which aim to combine building practices with an understanding of the natural surroundings. The end result is to build developments which are as sustainable and in harmony with the natural environment as possible.
Villa Colle is 50-minutes drive from Pisa airport which is served regularly by flights from the UK. Completion is expected for the end of 2008. Priced at UK £1,500,000. Contact Chesterton International on 0207 201 2070 or visit chesterton.co.uk/international.

Borghini, Tuscany

Located an hour away from Pisa airport in the Tuscan countryside, Villa Borghini was restored from a castle in 1752. This two-story detached villa is currently being renovated and will consist of 500sq m of living space. Views of the countryside are available from the property and there is a large garden to enjoy the outdoors. Some original features such as the wall of the old castle, the classic high ceilings and the brickwork still remain in tact. These features will be retained in the restoration project. Pisa airport is served regularly by flights from the UK. Price upon application.  
Contact Chesterton International on 0207 201 2070 or visit chesterton.co.uk/international.

Le Marche

Located on the Eastern coast with 180 km of Adriatic coastline, this is an agricultural region of mostly unspoilt rolling countryside. Bounded by the magnificent Sibillini Mountains, which form part of the National Park and Nature Reserve, this is a wonderful area in which to live and invest – and coastal property is especially good value.
There is a wide variety of towns and resorts along the coastline, including Fermo, Grottammare and San Benedetto, and the surrounding countryside is dotted with unspoilt, pretty villages where life takes on a restful air.

Current properties include two-bedroom apartments at Rotella, a restored fort, priced at £82,000/€118,000 and a typical Le Marche style house at Massignano, set in three acres, just 3kms from the sea and with sea views. In need of restoration. Priced at £131,000/€190,000.
Contact Casa Ttavella or visit casatravella.com.

Liguria

Colletta di Castelbianco is a beautifully restored 13 century hilltop village set midway between Genoa and Nice. Just 15 minutes away from the sea, the stone built houses and narrow streets combined with a charming little square, patios and garden terraces make it unique.
The original project was to restore the abandoned village with a strong technological angle. Homeowners have come together and taken this hedonistic life style one step further into the 21 century by creating and running a business centre in the village. As a result, a 150sq metre building has been converted, providing two business rooms and bringing cyber heaven via Broadband and the Internet to owners and visitors alike. Already hailed as one of the first high speed e-villages in Europe, the completion of the business centre has now enhanced that characteristic and makes the whole project even more sustainable.

The business centre also provides an opportunity for home owners to rent, out of season, to those who are looking for a break but also need to have constant contact with their businesses, family and friends via telecommunications. The centre is intended to increase the flow to Colletta during winter months and is open to villagers and visitors alike, subject to terms and conditions.

Access to Colletta is via Nice or Genoa, with airports being around 60/90 minutes drive away.
Delightfully renovated homes are currently available, all of which enjoy high speed connection for internet, satellite television and telephone connection to the village switchboard. Owners also benefit from the village’s communal gardens, swimming pool, sauna and summer open air theatre.
Studios are priced from €137,000 (approx £92,549), one-bedrooms from €184,000 (approx £124,300), two-bedrooms from €318,000, (approx £214,823) and three-bedrooms from €416,000 euros, (approx £281,026). Anticipated gross rental return of around four - eight per cent pa.  
Contact Realinvest International on 0207 376 7919 or visit realinvest.co.uk.

Calabria

Italy’s exceptional tax legislation also makes Calabria a tasty investment. The ‘Uso Fruto’ law ensures that property owners don’t fall foul of inheritance tax; while buyers who own their property for more than five years also escape the capital gains tax. The introduction of insurance bonds under Italian law also guarantees 100 per cent return on investment should there be any problems during the development stage, lowering the risk of investment to virtually zero.

Calabria is a land of contrasts with summer temperatures reaching a steamy 40°C in the low lands, whilst temperatures in the mountains fall below zero during winter. This unique location literally means you can ski in the morning and enjoy après-ski beach style, soaking up the Mediterranean sun; perfect for an indecisive couple or family who just can’t agree on a holiday option.
Situated just south of Naples with miles of uninterrupted white sandy beaches and a delicious lifestyle on the doorstep, Jewel of the Sea consists of exceptional beachfront apartments, townhouses and villas. From one- to four-bedrooms, all properties are situated within a gated community, with 24 hour attendants and private parking.
One-bedroom apartments are priced from £59,000. A one-bedroom beachfront hideaway is priced at £77,000.
Contact McLaren Properties on 01543 268333 or visit mclarenproperties.com.  

France: Paris finds new popularity

One result of the credit crunch in the property and financial markets is an upsurge in Paris property. With the US experiencing a major housing market crisis, those in the UK looking for overseas property are increasingly turning to locations with less fraught money climates.
Paris property prices continue to increase at approximately ten to15 per cent per year, depending on the district, and the last five years has seen a dramatic 60 per cent increase in property prices. One development that is likely to strengthen this trend even further is the ‘Sarko effect’ – the stated desire by new French president Nicolas Sarkozy to move the country towards a more property ownership-friendly position.
The favourable borrowing terms and relatively low interest rates, among other factors, gives Paris strong investment potential. Europe’s recent trend towards higher interest rates appears to be at its end, with just one further raise in interest rates this year to 4.25 per cent seen as likely. This compares favourably with the current US rate of 5.25 per cent. (The US Federal Reserve was expected to lower the rate by either a quarter or half of a per cent as we went to press.)
Paris-based property investment specialist VPS-Global has seen a dramatic increase in foreigners investing in France. CEO Pascal Morin believes Paris offers exciting potential for investors. ‘Given the current state of the world economy, investors are opting for more secure, stable and long-term investment opportunities. Investing in France used to be a lifestyle choice. Today we are seeing more and more of our clients choosing France as a pure investment choice, purchasing with no intention for personal occupation.’

Greece: borrowing gets easier

New lending terms from Piraeus Bank London mean investing in Greece is a more realistic prospect for UK buyers. This coincides with an increased willingness on the part of Brits to invest in ever-widening circles, both geographically and culturally – not to mention the improvements to borrowing and buying procedures in many countries.
Although familiar for generations as a much-loved holiday destination, Greece is not among the first locations prospective overseas investors think of. After all, legal procedures, construction methods and building regulations differ widely from those Brits are used to. The financing of an overseas property purchase, like that of domestic property, must be done with the support of a reputable and experienced bank arranging your finances.
Piraeus Bank London’s mortgage is available to UK and Irish residents and ex-pats retaining a UK bank account or credit connection. Mortgage terms run from five to 25 years are available for a minimum investment of €100,000. Loan-to-value requirements are 80 per cent for property and 70 per cent for land.

For investors, Piraeus Bank London offers an interest-only mortgage for up to ten years on property and five years on land. This allows savvy investors to maximize on potential gains from a property whether they are looking to flip an off-plan purchase on completion or take advantage of the huge demand for rental property by letting it.
For more information on obtaining your Greek mortgage contact Piraeus Bank London on 0845 603 6538 or visit piraeusbank.co.uk.

Amanda Shiel looks at a variety of overseas developments ideal for investors

Cape Verde 

FM Cape Verde is developing two large resorts on the island of Boavista.
Creola Sands (comprising duplexes and apartments, with configurations ranging between studios, one-, two- and three-bedrooms) is located on the sea with a beachfront site on Cabral Beach while Sabi Sands (comprising studios, two- three- and four-bedroom villas and one-, two- and three-bedroom duplexes) is situated on a hillside with views to sand dunes, overlooking an oasis of palm trees and an ocean backdrop.

Both developments offer two outdoor swimming pools, superb restaurants, bars and entertainment areas. There is also a gymnasium, medical facilities and internet cafés, gourmet super markets, children’s park and entertainment areas and terraces overlooking beautifully colourful gardens.
An apartment bought at either Creola Sands or Sabi Sands from the developer would be expected to increase in value by 17 per cent each year. In addition, FM International offers a rental guarantee of five per cent for two years, with the option to leaseback the property after this time.  To ensure private investors receive more than just financial benefits, the guaranteed monthly rental income allows property owners four weeks of the year to enjoy the property themselves.

Properties at Creola Sands range from 84,000 – 355,000 euros. Properties at Sabi Sands are priced from 90,500 – 389,400 euros. For more information call 0131 226 4135 or visit the website sands-capeverde.com.
 
Bulgaria

The Belgravia is a collection of 98 premium apartments situated within the greenbelt of Sofia’s university quarter.

Located between the prestigious area of Lozenets and Sofia’s business district with stunning views of Vitosha Mountain, the private gated complex comprises of studio, one- and two-bedroom apartments. The architecture of The Belgravia reflects the style and character of the surrounding historical buildings in this protected area of Sofia.

Internally, apartments offer efficient and modern living spaces finished to a high specification with the majority benefiting from balconies and private gardens. The scheme boasts a variety of communal facilities including underground parking, gym and sauna, health and beauty salon, restaurant, a concierge service and 24-hour security.

The Belgravia is situated within one of Sofia’s key growth areas, just ten minutes drive to the city centre and five minutes to Sofia’s business district.  
Bulgarian Dreams is currently offering phase two to the international market. Prices at The Belgravia start from €47,700 (£32,000) for a studio apartment. Contact Bulgarian Dreams on 00 44 207 614 1240 or visit  bulgariandreams.com.

Florida

Seven Continent Investment London have launched the Hollywood Grande, a stunning Venetian-style 5-star apart-hotel. Its beachfront location by the newly regenerated, nostalgic Hollywood Boardwalk and historic town centre will help ensure consistently high occupancy levels.  

Prices start from $300,685 with up to 79 per cent financing available. Investors will also benefit from an outstanding condo-hotel scheme which offers seven per cent guaranteed income for the first two years and then 60 per cent of the room rate to the investor for every night the room is occupied.
Investors can also claim 90 days free use of their suite. All hotel suites are available furnished in a Spanish colonial style. Cars can be parked using the robotic car parking system which means that there is no entry to the garage. 
For more information, contact Charlotte Barraclough on 07939 261695 or visit 7cinvest.com.

Montenegro

Property investors looking for a stunning Mediterranean investment, coupled with strong anticipated rental income and capital appreciation, need look no further than Boka Heights in Kotor.
The luxury development is made up of one- and two-bedroom apartments. All offer balconies or patios, with many enjoying uninterrupted views of Kotor Fjord and the nearby town of Perast.
The high quality, modern and open plan properties have been designed in a contemporary style and vary from 50sq m to 80sq m. All apartments will be fully equipped with modern kitchens, bathrooms and air conditioning.

Investors will also be able to enjoy a communal swimming pool set in glorious landscaped gardens, as well as the opportunity to purchase a car parking space for added convenience and rent-ability.
Due for completion in June 2008. Prices start at €147,125. A simple and structured payment plan is in place to ensure investors enjoy a straightforward purchase process
For further information on Mimosa Park, call Emerging Real Estate on 0845 601 7293 or visit    emergingrealestate.com.
 
Turkey

Astrum Towers is a development of studio, one-, two- and three-bedroom apartments located in the Haramidere area of Istanbul and close to the sandy shoreline of Büyükçekmece, a popular weekend getaway for city dwellers. Although well served locally with retail and leisure facilities including a large Carrefour, the city centre can be accessed swiftly by the adjacent Esenyurt-Ambarli connection road making Astrum Towers ideal for business rentals.

The apartments have fitted kitchens, double glazed windows, central heating, television and telephone connections plus fire alarms fitted with sprinklers. On-site facilities include an open-air swimming pool, sports area, sauna, cafeteria and plentiful covered and open parking.

Prices start from just £21,000 for a studio apartment. Favourable payment terms begin with a £2,000 deposit followed by 30 per cent on signing of contract, 30 per cent on completion of shell, 30 per cent on final completion and 10 per cent on transfer of the title deeds scheduled for early 2009.
Call Dream Homes Worldwide UK freephone 0800 0193 847, Ireland freephone 1800 805 006 or 0034 952 908 803 for other international calls, or visit dreamhomesww.com.

Overseas mortgage products

Interest only mortgage available on Bulgarian real estate

Piraeus Bank London, the UK branch of one of Greece’s leading financial institutions, Piraeus Bank, has launched an interest only euro mortgage product on Bulgarian property exclusive to the UK and Bulgaria.
The last few years, especially since EU accession in January 2007, have seen Bulgaria become one of Europe’s most popular real estate investment locations. Over 30,000 Britons have purchased properties already with the majority of those being off-plan investments. The new interest only product for up to 10 years available from Piraeus Bank London will appeal to property buyers looking to maximise their potential financial gains.

Irini Tzortzoglou, head of retail banking, comments, ‘The low property prices in Bulgaria have made the market extremely appealing for investors. Many are buying properties off-plan with a view to obtaining capital gain and rental income from tourism once completed. Offering a finance product which combines a 10 year interest only period and one which takes into account up to 30 per cent of projected rental income is highly exciting for investors.

‘Piraeus Bank is increasingly being recognised in the UK for tailoring its mortgage products to the needs of today’s buyer. The Bulgarian property market is dynamic and fast paced and we strive to ensure that out finance products develop in line with the market.”
piraeusbank.co.uk.

Spanish bank withdraws non-resident mortgage lending

Spanish bank Banesto, part of the Santander group, has recently taken the dramatic step to withdraw all of its own non-resident mortgage lending. The only product it will offer to foreign applicants is a self-certification loan which they are administering on behalf of GMAC.

This news comes just weeks after Caja Mediterraneo (CAM Bank), one of the largest providers of non-resident mortgages in Spain, instructed some of its branches to accept no further non-resident mortgage applications for the time being following a spate of false mortgage applications.
Heather Chambers, director of International Mortgage Solutions Ltd (IMS), Spain’s largest non-resident mortgage broker comments, ‘This is clearly a case of once-bitten-twice-shy for Banesto. It is sad that due to certain unscrupulous brokers supplying false paperwork to the banks in order to push through an application so they can earn their commission, the ethical buying public has to suffer. However, we must applaud this action as it should serve to prevent and dissuade both clients and the brokers involved repeating such practices in the future.’

Heather continues, “It is a fact that as the Spanish mortgage market opens up and further flexibility is offered, including self-certification, the depth of the credit analysis undertaken has also increased. The Spanish banks are tightening up and at IMS we have noticed how pedantic they have become about documentation provided, and quite rightly so. Lenders will also now check liabilities and credit files back in the applicant’s country of residence, something that didn’t take place previously. Scottish Widows, part of the Lloyds TSB group, has taken the extra measure of registering a non-resident loan granted in Spain back in the UK on the client’s credit file. The climate is certainly changing and those practitioners operating on the wrong side of the law will have to clean up or close down.”

India is the place to buy for investors who want a good price and an exotic locale. The market is opening up, and as the commercial future of the country gets brighter and brighter, so will the opportunities for buy-to-let purchasers.In Goa, you will find 60km of silken sands, allowing the perfect place to relax away from the hustle and bustle of daily life. Cooled by sea breezes and surrounded by perfect turquoise waters, Goa is famed for its safe and tranquil beaches. Calangute and Candolim are extremely popular tourist havens, while Baga, to the north, offers a slower pace of life mixed with the convenience of modern hotels, restaurants and bars. In the southern most part of the territory, the Dona Paula, Vagator and Chapora beaches are also worth a visit. David Stanley Redfern Ltd offers investment properties dotted the length and breadth of Goa, including the Braganza World resort, which represents a very economical investment option: in fact, prices start at just £5,520!

The development has claimed a countryside location but remains centrally placed close to the beaches of Baga, Calangute and Candolim. At the other end of the scale, the brand new Goa Raj development sits in the heart of Goa, only minutes away from world-class dining and cosmopolitan nightlife. With prices for luxury four-bedroom villas starting at a still-affordable £63,250, the spacious 159.71 m sq properties are an excellent choice for first-time investors.

 Find out more about these and other Goa properties by visiting davidstanleyredfern.com.Meanwhile, in cosmopolitan Mumbai, Essential Worldwide has taken the gamble out of property investment with a guaranteed rental package at the five-star Green Valley resort. This master-planned development will consist of 2,900 units with an exclusive garden on an expanse of 220 acres, situated away from the hustle and bustle of the city and encased with a lush, leafy haven. Green Valley is a wholly residential project constructed by the same renowned developers responsible for Dubai Sports City. There is a seven per cent rental guarantee of seven per cent of the purchase price per year, offered over five years. Says Tim Tolbert, sales and marketing director of Essential Worldwide, the resort is ‘expected to enjoy high rental demands thanks to the growing economy and increasingly high visitor numbers to India’.The rental guarantee offer also applies at Essential Worldwide’s luxurious Cape Corinth waterfront oasis in subtropical Goa. Set over three floors, the Cape Corinth apartments are finished to the highest standards ready for immediate occupation. Find out more about India property and Essential Worldwide’s guaranteed rental programme at essentialww.com.

Amanda Shiel looks at developments ideally suited to specific purchaser groups

The adventurer - Egypt

Blessed with year-round sunshine as well as a cooling breeze, visitors pour into Sahl Hasheesh 365 days a year. It is rapidly becoming a top destination for wind related sports and scuba diving, and for the golf enthusiasts, eight courses are currently being built.  
One-, two- and three-bedroom apartments are available for purchase, together with two-, three-, four-, five- and seven-bedroom detached villas/palaces. For more information about the Palm Beach Piazza or other developments in Sahl Hasheesh please contact Egypt Revealed on 0845 054 8697 or visit www.egypt-revealed.com.

The luxury lifestyle - Dubai

Al Waha Villas, set amongst lush landscaped gardens in a secure gated community, offers the prestige and glamour associated with Harrods and the sophisticated Dubai lifestyle. For a limited period buyers will be able to purchase a range of two-, three- and four-bedroom villas. All properties include two parking spaces, large balconies and terraces.
Two-bedroom villas priced £242,547, three-bedroom villas from £571,816 and four bedroom villas are available £604,336 (prices dependent on exchange rates). For more information regarding the exclusive Dubai Properties Harrods promotion, call Harrods Estates on 020 7893 8933 or visit harrodsestates.com. Alternatively, visit the promotion at the Harrods store until 31 August.

Holidaymakers who want to buy - Spain

Accountants Ian and Jeanette Brown wanted to find a holiday home where they could relax away from the pressures of work. They found their ideal property at La Heredia de Monte Mayor, in the Andalucia district of Spain, where they have bought a two-bedroom townhouse.
Jeanette, 47, said: ‘I do a lot of travelling with my job – albeit in the UK. The idea of having a base abroad where we could escape for holidays and long weekends began to appeal more and more.’
Ian, 51, and Jeanette visit their townhouse once every five weeks, on average – and as well as proper holidays and they like to take advantage of the long bank holiday weekends at Easter and in May.
‘We don’t rent our house out to other people, but we do take friends and family with us sometimes,’ said Jeanette. ‘For us, we don’t look at the house as a ‘quick buck investment’ – it is just meant to be a holiday home.’
Townhouses start at €695,000 (two-bed/two bath) and range to €995,000 (four-bed/four bath). Villas start at €930,000 (four-bed/four bath) and range to €1,050,000 (four-bed/four bath). Visit www.laperlainternationalliving.com

Investment – Cape Verde   

The Cotton Bay Golf and Resort in the Algodoeiro region on the south-west coast of Sal will have 10 key residential areas - all sympathetically designed to reflect the Cape Verdean culture and personality with an emphasis on open spaces and light.  
Many of the villas in the development will enjoy an enviable front line beach location and will range in size from 120m² to 350m² with two-, three-, four- or five-bedrooms. The one-, two- and three-bedroom apartments and duplexes include gardens and terraces on the ground floor, terraces on the first and second floors and a communal swimming pool.
Prices start at €124,000.
Emerging Real Estate offer a simple and structured payment plan to investors. Contact Emerging Real Estate on 0845 601 7293 or visit emergingrealestate.com.

Retirement – Spain

Costa Tropical enjoys more than 320 days of sunshine a year and in wintertime temperatures rarely fall below 10 degrees centigrade. The area has much to offer retirees, including an excellent health service, good roads and a super infrastructure.  
Apartments can start from as little as €85,000 for a one-bedroom apartment in Coastal Melicena and villas start from €150,000 for a two-bedroom townhouse near Almunecar.
For more details contact Eden Villas on 01382 568 183 or visit edenvillas.co.uk.

Whether you want to relax or indulge in a bit of sport you’ll be spoilt of choice with these developments, says Amanda Shiel.

Ontario, Canada

Red Leaves in Muskoka, Ontario, is one of Canada’s fastest growing property hotspots on the shores of Lakes Rosseau and Muskoka.
All of the properties at Red Leaves are finished to the same exacting standards. Frank Nicholson has been commissioned to complete the interior design of The Rosseau, including all of the communal areas. Each suite will blend traditional Muskoka cottage life with cutting-edge design and technology, including granite counter tops, flat-screen plasma TVs and a fireplace. In addition, all suites come complete with satellite TV, high-speed internet access, towels, kitchen utensils and even a corkscrew!  
The five star resort is the perfect destination for a second home or holiday at any time of year; it is  just 2 hours north of Toronto and offers year-round facilities, entertainment and activities. These include the Nick Faldo-designed championship golf course ‘The Rock’, kayaking, waterskiing, water tubing, cruises and fishing on a mile of waterfront. There are also swimming pools, including an indoor water park, tennis courts, a fitness room, sauna and spa, in addition to hiking, mountain biking and in winter; cross country skiing, snow tubing and snowmobiling in a 700 acre nature reserve. A museum, theatre, marina and four-season village with stunning shops and memorable restaurants are also nearby.   
UK investors at Red Leaves are afforded the same legal safeguards as any Canadian citizen and there is no stamp duty to pay.
Prices range from £143,900 to £473,000. For further information, visit redleavesmuskoka.co.uk or call 0845 130 8768.

Bansko and Pamporovo, Bulgaria

Cedar Lodge III in Bankso is five star scheme consisting of 77 apartments. On-site facilities include an indoor swimming pool, gym, Jacuzzi, sauna, ski-room, 24 hour security, coffee shop and a fully licensed bar and lounge area. Emulating Alpine mountain lodges, each property features wooden balconies with open plan interiors and spectacular views across the Pirin Mountains.
Cedar Heights in nearby Pamporovo is located on a sweeping hillside surrounded by virgin pine forest. The development offers unparalleled on-site facilities, panoramic views across the Rhodopi Mountains and access to the excellent piste and lift system of Pamporovo located under 5 minutes away.
Prices for apartments at Cedar Lodge start at €35,000 (£23,333) for a studio, €59,598 (£41,102) for a one-bedroom and €130,410 (£89,938) for a two-bedroom. Prices at Cedar Heights start from €46,559 (£32,100) for one bedroom apartment. Contact Bulgarian Dreams on 020 7614 1240 or visit bulgariandreams.com.

Mont Tremblant, Canada

Le Grand Lodge is a four-season lakeside resort located in Mont Tremblant and consists of 45 studio, one- and two-bedroom apartments.
Studios will offer two beds, a fully-fitted kitchen, bathroom and a colour TV. One- and two-bedroom apartments include two beds, sofa bed, two fully- fitted bathrooms, a fully-fitted kitchen and a colour TV.
Residents will be able to canoe and kayak in Lac Tremblant and there are six 18-hole award-winning golf courses close by. The resort also boasts a spa with pool, steam room, sauna and gym. The resort is just 75 minutes from Montreal, 90 minutes from Newark and Toronto and 120 minutes from Ottowa.
Prices start at CAD$165,000 (approx. UK£70,815.)
Call Overseas Homesearch on 0800 6520 769 or visit overseashomesearch.co.uk.

Canmore, Canada

Three Sisters Mountain Village is a world-class, four-season alpine resort community covering approximately 2,000 acres of land within the Town of Canmore, Alberta, located in the Bow River Valley at the foot of the Canadian Rockies.

The resort provides 365 days of high-altitude adventure. Residents and visitors can enjoy world-class golf, hiking, biking, fishing and climbing, as well as downhill, heli and Nordic skiing.
Planning is underway for two amenity rich public villages, The Sanctuary at Three Sisters and The Village at Three Sisters, which will provide a range of cafes, restaurants, galleries, shopping, recreational outfitters and luxury spa facilities. The developers creating this community are offering a wide range of properties, including detached family homes, townhouses, ‘lock up and leave’ apartments, and mountain chalets – something for virtually every taste and stage in life. Apartments cost from $580,000 to $2 million CAD (approx £253,126 to £872,850).
Call Newfound Property International 020 8605 9550 or visit newfoundproperty.com  

Chamonix, French Alps

Positioned at the heart of the French Alps, Chamonix has been a favoured Alpine destination for decades. Chamonix has it all: excellent skiing, some of the best walking and cycling and a range of restaurants and bars that can fulfil any après-ski requirement.
The development is designed and constructed by one of the regions most respected developers. The Grosset Janin brothers have been creating dream alpine homes for three generations and Les Chalets de la Tannerie maintains this tradition.

Authentically presented, the development is made up of a chalet of three apartments, a chalet of two apartments and a bespoke stand-alone chalet. Each apartment of two, three or four bedrooms has its own terrace and spectacular views on the Mont Blanc and Aiguille du Midi.
Apartments at Les Chalets de la Tannerie are priced from £638,000. Call Chesterton International on 0207 201 2070 or visit chesterton.co.uk.

Au Coeur de Samoens, French Alps

Part of 'Le Grand Massif', Samoens is a traditional French alpine village that dates back to the 9th Century. With 265km of slopes and activities all year round, Samoens has something to offer all the family.
Situated in the heart of Samoens the development consists of two luxury south facing chalets with views on the Plateaux de Saix. Four two-bedroom apartments and two three-bedroom apartments are available. Each come with underground parking, ski lockers and space for a private sauna.
Priced from £385,000. Call Chesterton International on 0207 201 2070 or visit chesterton.co.uk.

Vicky McElhinney & Nikki Cartmill, BulgariaBest friends Vicky McElhinney, teacher and writer, and Nikki Cartmill, restauranteur and property developer, are two friends who decided to one day leave Northern Ireland and head towards the Balkan mountains following a rumour of properties which could be bought at €2,000 each in a country they had never been to. Leaving their husbands behind, they set off and ended up buying not one but two houses each in Bulgaria, and went on to write a book about their adventures. Here is their story.The BeginningVicky was bored at work when she found a seemingly unbelievable offer of dirt cheap properties in Bulgaria on the internet. Calling her friend Nikki, the pair hopped on a plane to Sofia, leaving their bemused husbands at home. Heading to Veliko Turnovo, the women started house-hunting. Driving through snow-bound countryside, the women describe the scenery as "straight out of a Grimms' Brothers tales.It was in the north central village of Malinovo that the ladies bought houses. Although not the homes they had first seen on the website, they were delighted with the two properties in the hills above the Yantra river. Each property cost €4,100.

Nikki opted for a 1930s single-storey, three-room house set back from the road, with two outhouses and a garden. Vicky's was a two-storey 1940s house on the village green. Shaking hands on the village green, they had made their purchases. Although first attracted by the house prices, the ladies soon fell in love with the country too. Says Vicky, "We weren't about to buy if we didn't like the country. Luckily it is magical, so we did." All it took was another trip to set up limited companies and the properties were theirs.Second HomesOn their next visit, a couple of months later, the women returned to complete the legal formalities and decided to carry on with their spending spree. Buying another house, this time Nikki bought a €14,000 traditional Bulgarian stone-built house in the archtectural reserve and film-set location of 200-year old Staro Stefanavo, a holiday spot for Sofia's rich and famous. Nikki rang her husband on the golf course to tell him the good news. Not to be outdone, Vicky then went home, surfed the internet and bought a 200-year-old cottage in the hamlet of Bulgarene, near Lovech, for €3,000.Having added a wet-room, septic tank, had new flooring installed and old ceilings restored, both Vicky and Nikki adore their new houses right on the Stara Planina, in the Balkans.

They stay there with husbands and various friends and relatives forextended stays. Says Nikki, "We have lovely views wherever you look, friendly neighbours and dirt cheap food and wine. The worst bits are the unbearable humidity in August coupled with water being cut off, flies and having to go back to England."Although there are ex-pat communities in nearby villages, the pair try to mix in the immediate community. Says Nikki, "Language is the biggest difficulty for us. But newcomers are made very welcome. We are, after all, great entertainment value." Vicky has had such a good time, in fact, that she has written a book about her experiences, called The Big Bulgarian Adventure, writing under the pseudonym Sue Seddon. Bulgaria is becoming increasingly popular, with more and more Britons looking to buy property abroad. The girls feel the area is great for buying a second home. "It's still really cheap," says Vicky, "and will go up again when buying land is easier." So will they be looking at any more houses? "We'll stop at the two each for now!" comes the answer.

Property PalsThe pair are now Property Pals and use their experience and now extensive local knowledge to hand hold others through what can be a very frustrating purchasing process. Says Nikki, "We have many local contacts such as reliable, honest and thorough builders and a good, helpful translator. We also have a good knowledge of local suppliers, where to eat and shop, entertainment, sightseeing, spas and ski slopes nearby."
Hugo Raymond, Founder of myPropertyPal.com says, "We are delighted to welcome Vicky and Nikki to MyPropertyPal.com to look after inland Bulgaria. They will indeed complement the strong service facility being provided by PropertyPal Budge in the south, and their combined experience ensures MyPropertyPal.com will offer the best Bulgarian information available on the World Wide Web."

See mypropertypal.com  

Cuenca – A Great Place To Hang Out    

You’ve probably heard of the hanging gardens of Babylon, but have you heard of the hanging houses of Cuenca?

About 140km south east of Madrid and north west of Valencia lies the historic city of Cuenca. Designated a UNESCO World Heritage site for its wealth of monuments, it is best known for its nationally famous “casas colgadas” or hanging houses.

Originally built in the 14th century, these four houses literally hang on the edge of a cliff, overlooking the river Huécar gorge. In fact the name of the city might originate from the Latin “conca” meaning “river basin” which refers to the canyon made by the rivers Júcar and Huécar.

The walled city incorporates a variety of styles and periods, including the 12th century cathedral, convents from the 16th to 18th centuries, the ruins of a Moorish castle, the ancient Kunka fortress and mediaeval cobbled streets.

30km outside the city, the Cuenca Mountains are home to a series of bizarrely shaped rock formations known as the Enchanted City. Wind and water have eroded the huge limestone rocks into shapes which resemble animals, objects and human figures.

Besides the unusual and historic, the province now has another string to its bow. According to the latest Spanish House Price Index from Kyero.com, Cuenca is now the least expensive Spanish province in which to buy property. With the average property price being a mere €41,000, 84% below the national average of €250,000, Cuenca certainly offers value for money.

Martin Dell, MD of Kyero.com, comments, “Cuenca province is ideal for those looking for Spain’s best kept secret. The region has been virtually untouched by tourism and still retains its authentic Spanish charm. Properties available here are mostly in need of renovation giving the purchasers the ideal opportunity to create their perfect home in the sun. We at Kyero.com are receiving more and more enquiries for properties in Cuenca and expect the bargain prices not to last for long, especially as tourists are being attracted to the Villar de Olalla Golf Club, 5km outside Cuenca city, and the new casino and leisure complex due to open in 2008 in Castilla-La Mancha.”

For more information about properties available in Cuenca, visit www.kyero.com

Desert Spring, At Almanzora, Almeria, Spain    

Desert Springs Golf Resort in Almanzora, Almeria has been featured heavily on the overseas property portal www.property-abroad.com as a result of a successful awareness trip to the resort in July 2007.

"Desert Springs - a fabulous golf resort set amongst rugged desert lanscape yet filled with lush vegetation and the beautiful emerald green fairways of the 72 par international championship Indiana golf course. A golfers paradise in the middle of an oasis that is Almanzora."

Desert Springs Golf Property - apartments, townhouses, country cottages, villas and country homes - a choice of suitable properties and lifestyles to suit all budgets. Golf and leisure facilities compliment the properties on show and property management and rental facilities are available from within the resort.

An all year round golfing facility with quality properties not too far from the beach. Property owners include renowned athletes and sports stars keen to enjoy the resorts facilities.

The resort also features Europe’s only world class championship desert golf course, the stunning, 72 par, USGA specification championship desert Indiana course provides a unique golfing experience. What’s more its Golf Academy has unsurpassed facilities to help golfers to improve all aspects of their game; after all this was the Overseas Home of The English Golf Union and is the current home of the Welsh Ladies Golf Union.

The Sierra Club provides tennis, paddle, beach volleyball, a superbly equipped aerobic gymnasium, jogging and trim trails, mountain biking and football. This is the Spanish Home of double Olympic Champion and resort resident, Daley Thompson’s, “Daley Training” Fitness Programme.

All sorts of other activities are available locally; trail riding, horse riding lessons, cricket coaching, sailing, diving, snorkelling, fishing, caving and off-road driving.

Property-Abroad.com will be featuring the development long term in line with its future growth and encourages potential investors to look closely at some of the exceptional opportunities on offer.

Since joining the EU interest in Bulgaria has soared. Amanda Shiel takes at look at what’s on offer in this picturesque country

Case Study
 
After Vicky McElhinney found a seemingly unbelievable offer of cheap properties in Bulgaria online, she promptly called her best friend Nikki Cartmill. Wanting to investigate further, the pair hopped on a plane to Sofia leaving their bemused husbands at home in Northern Ireland.
Driving through the snow-bound countryside, they headed towards Veliko Turnovo were they started house-hunting. They both found houses in the north central village of Malinovo and although they were not the homes they had initially seen on the website, they were delighted with their purchases. Cartmill opted for a 1930s single-storey, three-room house set back from the road, with two outhouses and a garden. McElhinney’s was a two-storey 1940s house on the village green. Although first attracted by the house prices (both cost €4,100), the ladies soon fell in love with the country. McElhinney comments: ‘We weren't about to buy if we didn't like the country. Luckily it’s magical here, so we did.’
They visited again a couple of months later to complete the legal formalities on their house purchases and decided to carry on with their spending spree. This time Cartmill bought a €14,000 traditional Bulgarian stone-built house in Staro Stefanavo, a holiday spot for Sofia's rich and famous. Not to be outdone, McElhinney went home to Northern Ireland and bought a 200-year-old cottage in the hamlet of Bulgarene, near Lovech, for €3,000 that she found on the internet.Both McElhinney and Cartmill adore their new houses in the Balkans. Cartmill said, ‘We have lovely views wherever you look, friendly neighbours and dirt cheap food and wine.’
Although there are ex-pat communities in nearby villages, the pair try to mix in the immediate community. ‘Language is the biggest difficulty for us,’ says Cartmill. ‘But newcomers are made very welcome.’
Bulgaria is becoming increasingly popular and McElhinney and Cartmill feel the area is great for buying a second home. ‘It's still really cheap,’ comments McElhinney who had such a good experience in Bulgaria that she has written a book called The Big Bulgarian Adventure (written under  pseudonym Sue Seddon).
And do they have plans to buy anymore homes? ‘We’ll leave it at two for now,’ they say.
The Big Bulgarian Adventure is on sale at £9.50; email vicky@mypropertypal.com to order a copy. See mypropertypal.com for further information about Bulgaria

Central Planina

SimpliBulgaria’s Geshaview ruro-treat in Central Planina (near the ancient capital of Veliko Tarnova) is a unique development consisting of 147 luxury five star properties.
Featuring a mix of detached houses, apartments, mews homes and townhouses, Geshaview has stunning views and offers a huge variety of sporting facilities including climbing, riding and sky diving. There will also be a hotel, bars, craft studios, shops, an art gallery, organic restaurants, a natural swimming pool, health centre and spa facility with secluded woodland jacuzzis.  
Local tourist attractions include the Roman ruins, Nikopolis Adistrum;  the Central Balkan National Park and the Dryanova Monastery.  Nearby Gorna airport should soon be accepting international flights, including those from low cost carriers – the current nearest options being either Varna or Sofia.
Geshaview studio apartments start at £32,000 and town houses and mews homes cost from £85,000. Due for completion in 2008.
Contact SimpliBulgaria on  0114 252 5060 or see SimpliBulgaria.com.

Balchik

Windows to Paradise is a select development of studios, one- and two-bedroom apartments and penthouses. Situated on the Black Sea Coast at Balchik, the development is located on a stepped site directly overlooking the sea and sits adjacent to one of the Gary Player courses. The facilities at the scheme include several outdoor swimming pools, full spa centre with indoor pool, steam bath, sauna, Jacuzzi and children’s pool. Set within landscaped botanical gardens, the scheme also features a restaurant and fully licensed bar, shops, a supermarket and a wine cellar.
Prices at phase three start from €38,546.63 (£26,583.88) for a studio apartment, €57,902.13 (£39,932.50) for a one-bedroom apartment and €81,769.50 (£56,392.76) for a two-bedroom apartment.  For further sales information contact Bulgarian Dreams on 020 7614 1240 or visit bulgariandreams.com.

Tankovo

Located near the village of Tankovo, Tankovo Mews provides a traditional style Bulgarian home with the quality and safety of 21st Century living on the outskirts of the cosmopolitan resort of Sunny Beach and medieval town of Nessebar.
Tankovo Mews provides a village setting in a courtyard house concept, with a communal swimming pool and public pavilion.  The Kableshkovo Golf and entertainment complex - an exclusive development featuring a prestigious 18 hole golf course with swimming pools, a horse-back riding track, tennis courts, a casino, a soccer pitch and polo grounds, is under development 3km away.
Available properties include four-bedroom villas with heated swimming pool priced from £159,516, three-bedroom villas with plunge pool priced from £123,958 and two-bedroom villas with Jacuzzi priced from £94,766.
For more details visit buyland.co.uk.

Nessebar

Set on the rolling hills just outside of Nessebar, Nexus provides a village setting in a courtyard house concept with 24-hour security and pedestrianised inner roads, giving a safe haven for the village. The central plaza with its communal swimming pool and public pavilion allow residents the option to socialise with other village residents or stay within their own private villas.
Available properties include four-bedroom villas with heated swimming pool priced from £145,547, three-bedroom villas with plunge pool priced from £119,381, two-bedroom villas with Jacuzzi priced from £102,246, one-bedroom apartments priced from £26,899 and studio apartments priced from £19,669. For more details, visit buyland.co.uk.

Case study 

Pensioners live the high-life in Bulgaria
30,000 Britons already own homes in this country, according to the Bulgarian government. And with UK citizens now able to get their pensions paid in Bulgaria, the number of those living or investing in the country is set to rise.
For 66-year-old Alan Lowe and his wife Carol, 58, from Dundee, it was the ideal choice. They moved to Bulgaria in May 2006, to Kozarevo – about 10kms from a main town – and the price of the property was just £19,500.
Carol says, ‘It’s not a quick and easy decision to leave all the comforts of home, family and friends especially when you are a bit older.
‘But, with a mortgage to pay back home, along with the crippling council tax and expensive electricity and gas bills, it was getting difficult and our pension wouldn’t go far in the UK.’
Alan adds, ‘Money had to be the deciding factor and Bulgaria is the country which met our limited pension budget.
“The price of the house included all costs – solicitors, notary, translation of the documents and so on was all included in the price and renovation is going to cost money but it’s affordable.’
Case study courtesy of Quest Bulgaria

Airline announces flights to Sofia

Easyjet will be offering direct, scheduled flights from Gatwick to Sofia, Bulgaria from 6 November 2007. Flights from the major no-frills airline are expected to prompt other low-costs carriers to follow suit encouraging increased travel to the country.
Easyjet will fly three times per week from London Gatwick to Sofia on Tuesdays, Thursdays and Saturdays. The average prices for a return trip in November is just over £50 per person including taxes and charges.
Robert Jenkin, managing director of UK estate agent Bulgarian Dreams, is thrilled by the announcement and comments: ‘The increase in direct flights to Bulgaria is a testament to the country’s ongoing popularity and proven investment – something we have been keen to see implemented since we first began operating in Bulgaria in 2002. Bulgaria offers some of the best value for money in Europe – particularly after joining the EU in January 2007.’

Florida doesn’t just boast some of the best holiday attractions. Those looking to invest in the area will find it has fantastic homes too, says Amanda Shiel

Florida, also known as the sunshine state, enjoys a subtropical climate that lasts all year. The attractions and amenities are numerous – tourists and locals enjoy world-class golf courses, fine eateries, nightlife and the world famous theme parks. The area is not just a popular holiday destination; Florida is the place of choice for many investors looking to buy overseas.  

Watersong in Orlando offers a therapeutic escape from lively tradition of other Orlando destinations. The homes feature beautiful Mediterranean style exteriors and barrel tile roofs. Backyards will offer a private space and interiors will include tiled floors in kitchen and bathroom areas as well as gas washers and dryers. The community will be gated and have concierge services and the outdoor amenities will include a community pool (and a lot for the tots), an exercise room and a cyber café. The development is located just minutes from Disney World and other world class attractions. Four- and five-bedroom town houses are available, priced between $269,900 and $359,900.

Situated just north of Naples, the luxury community at Miromar Lakes has the unique distinction of 700 acres of aquamarine freshwater. Miromar Lakes offers residents the benefit of a private beach front, Arthur Hills signature championship golf course, world-class European-style Miromar spa and exquisite dining. The community has the added distinction of aquamarine freshwater lakes.
The undeniable focal point is the unparalleled Miromar Beach Club. Framed by nearly two miles of private white sandy beach, the beach club also has a huge zero infinity pool, the largest in south-west Florida, and a large whirlpool.

The fantastic luxury detached villas at this development, which offer one- and four- bedrooms and one to three bathrooms, offer something to suit all needs. Crafted in a distinctive style, they have easy access to the golf course and lakes and many boast golf course or waterfront views. They represent the very best of holiday living, with enough room to spend time in comfort and to enjoy all the amenities of this exciting area.

Residents and visitors can take a jungle safari, go bird watching in the everglades, collect shells along Marco and Sanibel Island, or charter a boat for fishing in the gulf. One- to four-bedrooms are available, priced from $500,000 - $6,000,000.

While increases in prices in the French property market have slowed, there is still upward movement. This is notably the case in the cities such as Lyon and Strasbourg, as well as in coastal areas where a real shortage of accommodation is apparent.The market slowed off in the run-up to the French presidential election, which is a normal occurrence, but has since picked up.
The future looks promising property-wise due to new president Mr Sarkozy’s planned reforms. For those purchasing their main property of residence he has introduced a tax reduction of 20 per cent of the mortgage interest paid annually up to €1,500 per year per couple, or €750 per year for a single person during the first five years after the purchase and of the mortgage. Inheritance tax has also changed, with the surviving spouse no longer paying inheritance tax. Mr Sarkozy wishes to encourage French residents to purchase property and to become a nation of home owners like the UK.These reforms are expected to boost the French property market in the coming years as more and more people are encouraged to purchase property, which will also attract foreign investment. This coupled with French lenders improved flexibility and less rigid approach will allow more people to purchase a property.
In 2005 the average age of people purchasing an apartment was 43.5 according to the French chamber of notaries.Eighteen per cent of our clients are aged between 30 and 35 and live in the South East, so it just shows that more and more young professionals are highly attracted to the property market despite the ups and downs we have seen over recent years.With the famous ‘loi littoral’ in France, developers are not allowed to build on the coastline and therefore developments on the beachfront are extremely rare and sought after. Despite a general slow down in the French market, coastal areas are continuing to see the highest increase in property prices, as buyers rush to secure property as a main place of residence or a holiday home, but also with the outside interest of foreign purchasers such as the Brits.

YFP is currently selling a beachfront development in the Atlantic resort of Mimizan Plage, where prices rose by 12 per cent last year alone and are expected to continue to increase with the current trend in France for coastal properties, fiscal advantages and also the improvements of the resort itself. Prices start from €181,400. Bordeaux and Biarritz airports are both less than 90 minutes away and are serviced by Easyjet and Ryanair.Loire Atlantique and Southern Brittany are also coastal hotspots, property prices rose by an average of 21 per cent in 2006 in the area surrounding La Baule. A lack of properties on sale in the Morbihan area means that prices are tending to rise rapidly as it is a sought after area. Your French Property is marketing properties for sale in a delightful seaside residence just 20 metres from the beach, located on the Presqu'île de Quiberon in Brittany. Prices start from €205,500.France remains a popular destination for tourists from the UK and Ireland due to its proximity and flights with low cost airlines. We are seeing more and more requests for new build coastal properties as opposed to existing houses and renovation projects, as new build properties present a good solution for those looking for a holiday home due to the low maintenance and building guarantees offered.France has everything a Brit could ever dream of.
Forty-five per cent of our clients buy in France because of the fantastic lifestyle that it has to offer, not to mention the amazing climate compared to the UK’s unpredictable weather (particularly this year’s tragic monsoon summer).With Sarkozy’s changes, prices on the up and property bargains still to be had France is still a viable and stable option for British buyers to look into when in search of a long-term investment.For more information contact Your French Property on 01793 610947 or visit your-french-property.co.uk

Residence la Pinede, Le Bacares, Languedoc Roussillon

Residence le Pinede on the shores of the Mediterranean is made up of 15 three-bedroom villas with garages, terraces and private gardens, along with 41 one, two and three-bedroom apartments.
The attractive fishing port of Le Bacares is a year-round tourist attraction, easily accessible through low budget airlines, which is creating a big demand for rental accommodation. The increase in property prices in the Languedoc area has been in the region of ten per cent annually over the last few years compared to a national average of seven per cent.

All the properties are available either as a traditional holiday home or as an investment opportunity through the Assetz Leaseback scheme, costing from €119,500 (£81,577).
Under the Assetz scheme, investors would claim back VAT on the property purchase and receive a five per cent guaranteed rental yield for five years, with all administration fees, taxes and insurance paid, along with three weeks’ free usage and a 15 per cent discount on the public tariff at other times. Following this period the management company would continue to rent the property out for another four years, should the investor wish to do so.
For further information, contact Assetz on 0161 456 4000 or visit assetz.co.uk.

Amanda Shiel looks at a selection of desirable overseas homes that boast views over some of the finest seas

(Mediterranean / Aegean Sea) Turkey

Artev Homes currently offers three sites in the area surrounding Bodrum. And with each of these, the developer’s very low-cost optional rental service makes investing easy. Not only will Artev use its best efforts to see that your property is rented, but it will also act as a full-service maintenance provider: maid service and inventory checks between guests, key handover and 24-hour reception facilities are part of the Artev Homes rentals plan – all for a £200 annual registration fee.Guests at Hillside will experience what Nihat Uğur, rental supervisor for Artev Homes, calls ‘a hotel system. We are the only ones in Turkey who do this.’Although there is no guaranteed rental income, Artev calculates that buyers will see an annual return of five per cent of their purchase price at its Hillside Garden development. This scheme is a collection of 144 apartments and 40 villas near Yalikavak, about 19km from Bodrum and about 45 minutes from Bodrum airport. These properties are extremely family-friendly, with a wide range of activities for both children and grown-ups. There are ten communal pools, as well as tennis courts and a life-size chess set. The site also boasts a restaurant and gym.The development offers beautiful views across the bay towards Karlak – and there are both sandy and pebble beaches nearby.
Golf courses are also plentiful nearby.

This is a wonderful environment in which to forget work stress and unwind with your family or friends.Hillside Garden is well over 80 per cent sold, a testament to the impressive investment package these properties represent. Near Didim, just a shuttle boat from popular Bozric, Artev Homes offers Apollonia, which will be a perfect idyll for those who want a quiet holiday. Off-plan sales are brisk, and this development, according to Uğur, ‘appeals to both investors and those who plan to settle’. Apollonia will have apartments, link-attached homes and town houses. ‘Seventy per cent of people who buy here are investors,’ he says. ‘The other 30 per cent buy here to live here, maybe six months here and six months in the UK.’This part of the coast enjoys particularly pleasant weather; its low humidity means those who suffer from asthma and other breathing difficulties are particularly keen on the area.

The shallow sandy beach is also a calm, friendly bathing place, and Artev is extending the existing beach inland to create an approximately 400m x 30m area of white sand between the sea and the properties. The beach will be private to the development.Every apartment has a sea view of some kind – a truly excellent draw for holidaymakers and investors alike. Completion is due in May 2009 and already over half are sold. Three-bedroom villas with two-and-a-half baths are priced from around £100,000. The properties are being marketed in The Netherlands, Russia and Scandinavia as well as the UK.Contact The Superior Group on freephone 0800 195 7233 or visit superiorworldwide.com.

(Black Sea) Bulgaria

Just minutes from the centre of Balchik, Waterside Quay offers secluded and rare, front-line marina property set on the famous White Lagoon in Balchik, with 60 luxury apartments having uninterrupted sea views. Facilities at the development include a fabulous rooftop swimming pool, gym, and waterside restaurant and bar. Residents can take a water taxi from the private marina to nearby Balchik for a stroll along the promenade and a delicious meal of the day’s catch at a local fish restaurant.
Prices are from €92,750 (£63,965) for a one-bedroom, one-bathroom apartment and  €128,350 (£88,517) for a two-bedroom, two-bathroom apartment. Contact Bulgarian Dreams on 020 7614 1240 or visit bulgariandreams.com.

(Atlantic Ocean) Cape Verde

Cotton Bay Golf and Resort in the Algodoeiro region on the south-west coast of Sal has been designed with an awareness of the environment and it is bordered by palm-fringed beaches and clear blue seas and enjoys year round sunshine.

The development will have 10 key residential areas - all sympathetically designed to reflect the Cape Verdean culture and personality with an emphasis on open spaces and light.  
Many of the villas will enjoy an enviable front line beach location and will range in size from 120sq metres to 350sq metres with two-, three-, four- or five-bedrooms. There will be one-, two- and three-bedroom apartments and duplexes with gardens and terraces on the ground floor, terraces on the first and second floors and a communal swimming pool.
Prices start at €124,000. A simple and structured payment plan is in place to ensure investors enjoy a hassle free purchase process.
Call Emerging Real Estate on 0845 601 7293 or visit emergingrealestate.com.

(Ionian and Tyrrhenian Seas) Italy

The Calabria region of Italy is a sun-bathed coastal area nestling in Italy’s ‘toe’ and surrounded by warm seas on its three coastlines.

Santa Venere, a private gated development of luxury apartments, is located in the heart of Vibo Marina, close to the resort of Tropea and within easy reach of the airport.
Visitors can choose to wile away their time in the stylish marina with its host of luxury yachts, in the quaint local bars and trattorias or on the immaculate sandy beaches or hidden coves.
These two-bedroom, two-bathroom apartments are set in tended green gardens. There are a wide range of amenities available, including a swimming pool, restaurant and entertainment available on-site. Prices start from £91,946 (€135,482).
Fioribello is situated within a few minutes’ drive of Tropea’s shopping and historic districts, as well as some of the best beaches in the region. Located close to the port city of Pizzo and overlooking the Tyrrhenian Sea, the development comprises of one- and two-bedroom, two-bathroom apartments. Each boasts a balcony looking onto the gulf of Santa Eufemia as well as traditional Italian tiling throughout. Prices start from £61,300 (€90,340).
For further details on either of these developments, visit mrioverseasproperty.com.

(Mediterranean) Spain

La Zagaleta, the former private estate of Saudi entrepreneur Adnan Khashoggi, is a highly elite community covering almost 900 hectares and is one of the last remaining private natural reserves in the whole of the region.  Set in the Benahavís Hills at 450 metres above sea level, the views of the Rock of Gibraltar, the Mediterranean Sea and North Africa are priceless.

La Zagaleta owners and their guests are able to indulge in the definitive Country Club lifestyle.  The development offers three private lakes, tennis courts and a clubhouse. Khashoggi’s former private home is now a member’s only restaurant, bowling alley, clay pigeon range, swimming pool and billiard room.  There is also a private riding club boasting pure Arab and Spanish horses, four arenas, livery for the club’s horses as well as stabling for privately owned horses.
La Zagaleta has twin gated guarded entrances, on-site administration offices, catering and banking services plus an operational heliport for the chopper.

Examples of homes include H31, a four bedroom property built on a magnificent elevated plot, priced at 5.9 million euros and C1-10, a Villarroel designed property comprising three main bedrooms and two guest bedrooms, priced at 8.5 million euros.
Individual plots are available at La Zagaleta. Prices start from 750,000 euros for 4,000m².
Contact Carrington Estates on 00 34 952 810 868 / 00 34 952 778 244, UK Local Rate 0845 094 1168 or visit carrington-estates.com.  

Buyers are hip to the wonderful islands of the Caribbean. Johnny Turner sees what’s on the market in some of the more sumptuous locations

The Landings is an award-winning five-star development of waterfront luxury homes on Rodney Bay, in the thriving north west of St Lucia. Its freehold residences are built around a private yacht harbour on one of the finest beaches in St Lucia. Properties overlook either the beach or the harbour with views over Rodney Bay and the calm Caribbean Sea.

More than just a residential development The Landings is a resort with an extensive range of on site facilities. A concierge service will ensure that every owner’s whim is catered for, from ensuring their fridge is stocked prior to their arrival to organising a babysitter or booking a massage. Amenities on site will include yacht mooring and slips, beach club, water sports, sunset lounge located on the pier, a gourmet restaurant, fitness club, luxury spa and salon, swimming pools, boutique, tennis courts and resort reception area. Owners at The Landings also have membership of the St. Lucia Golf and Country Club, which is a five minutes drive from the resort.

Since its launch in January 2005 The Landings has won two highly coveted Bentley International Property Awards for ‘Best Marina Development’ and ‘Best Caribbean Development.

There is a choice of one-, two- and three-bedroom residences, built in a traditional Caribbean architectural style and fronting the beach, marina or channel. Apartment and balcony sizes are generous, with many properties having balconies at the front and rear of the property for alfresco dining and enjoying sunset cocktails. A one-bedroom apartment offers an overall space of 1,300 sq ft, a two bedroom 1,850 sq ft and a three bedroom apartment 2,640 sq ft. All are finished in high-quality materials such as stainless steel, exotic wood, imported tiles and stone. Air conditioning will be fitted as standard throughout.

Interiors have been designed by award-winning designer Alex Chapman & Associates, whose work includes the exclusive Cotton House resort on Mustique and the Trump Riverside development in New York.  Owners have the choice of two bathroom/kitchen and general finish packages with the option to upgrade to alternative finishes and fittings. Also, the properties will be built to internationally accepted hurricane, seismic and general building codes.
Residences at The Landings are priced from $595,000 to $1.69 million. Call 0870 3891936 or see thelandingsstlucia.com.

Award-winning developer SANDS Caribbean has launched the first phase of their Adam’s Bay Luxury Beach Club resort on the island of Bequia. The island is located eight miles south of St Vincent and has been described as an undiscovered treasure in The Grenadines.

The Adams Bay resort offers a range of properties including traditional Caribbean ‘Gingerbread’ cottages located on the white sand beach, luxury hillside villas with elevated ocean views and on the ridge top sumptuous Ridge Residences with views over the beach, the Grenadines, Port Elizabeth and St Vincent.
The Adams Bay Luxury Beach Club resort has been designed with the entire family in mind, providing a variety of services and activities that will keep residents and guests entertained from sunrise to sunset.
The Beach Club features an a la carte restaurant, beach bar/restaurant, children’s play areas and club and a stunning beach with Grenadine views. There is also a boutique shopping area with a number of everyday convenience stores and a spa treatment area. Other amenities include tennis courts, boat/dock and outstanding fishing and diving.

Bequia’s average daytime temperature varies between 24ºC  and 30ºC. Like its Caribbean neighbours, the island sees the usual season cycle. Its dry – and ultimately peak – season runs from December through to April, after which the rainy period sets in from May until June.
Bequia’s clear, warm waters and tropical inhabitants provide the perfect environment for diving and snorkelling, while the Atlantic breezes make sailing, windsurfing and kayaking equally popular past times. The interior mountains and moor lands of the island also offer exceptional hiking opportunities. Alternatively, joining the locals for a laid back session of fishing is also an option.
Bequia is reached by air from North America and Europe through six major gateways: Barbados, Grenada, Martinique, St Lucia, Puerto Rico and Trinidad. Bequia is a short 25- to 30-minute flight from most of these hubs. The resort is situated two minutes from the airport.
Two- and three-bedroom beach cottages at Adams Bay are now available from $704,000.

Recently drawing the tourists and raising its profile by hosting the Cricket World Cup, the Caribbean offers both sports lovers and sun lovers alike a fabulous holiday destination. For those looking to find a ‘great catch’ off the cricket field, the Caribbean presents an exciting opportunity for investment. Real estate in the Caribbean and Central America can offer the serious investor many opportunities to make substantial gains on their investment in just a few years. Real estate prices on many islands continue to increase each year, but many great bargains can still to be found.

St Lucia

Located between Martinique and St. Vincent, St. Lucia covers 238 square miles. This is a physically dramatic Caribbean island, with dense tropical forests, the towering peaks of Gros Piton and Petit Piton, a volcano, sulphur springs, mineral baths and secluded beaches.
 
St. Lucia's early history is sketchy; there is some debate as to whether the island was discovered by Columbus in 1503, or by his map maker Juan de la Cosa in 1499. The French eventually settled the island in 1650, but were constantly challenged by the British which meant that St. Lucia changed flags 14 times before the British finally triumphed in 1803. The French influence is still very evident in the culture, the language spoken (Patois, a Creole-like dialect) and local cooking which still has French derivations. St. Lucia still remained British through to 1979, when it became an independent state within the British Commonwealth of Nations.

St. Lucia presents what by most opinions is now a rarity in the Caribbean: a natural wonderland of lush, mountainous topography and a mostly undeveloped island. Currently, St. Lucia's commodities are simple: ubiquitous coconut palms, banana plantations, and radiant colors.

Development is certainly occurring, but the island will continue offering raw beauty for many years to come.

Ocean Breeze Villas

One of the most spectacular of the Superior developments, homes at OceanBreeze offer spectacular views, peace and tranquility and a glorious tropical setting. Each detached villa is designed in a distinctive Mediterranean Andalusian style with great emphasis put on quality, elegance and finish. Plot sizes are very generous and are typically between a quarter and one third acre in size. All villas come with the option of a private swimming pool with a variety of designs and sizes to choose from. There is a choice of 13 villa styles to choose from and in addition Superior can also design a custom villa for those with their own design concept.

Prices start at £150,000.

Call Superior on +44 (0)870 7504477 or by email at info@superiorworld.com