Overseas - Wednesday, May 14, 2008

The Costas have long been a popular holiday destination with the Spanish, offering good weather, long sandy beaches and varied scenery.

According to Spanish property portal, Kyero.com, the Costa offering the lowest property prices is the Costa Verde where the average property price, as of March 2008, is €156,000, 36 per cent less than the Spanish national average.

The Costa Verde offers peaceful beaches and traditional picturesque towns.
In contrast, the most expensive Costa is the Costa Maresme – in the province of Barcelona – where average house prices are high due to the excellent infrastructure and good economic prospects on offer. Here, the average property price as of March 2008 is €599,000, 144 per cent over the national average of €245,000.

The Costa del Sol has seen average property prices decrease from a high of €308,000 in 2006 to €305,000 in 2007 and to a current average of €297,000 in March 2008. The disappointing winter of 2007 for Costa del Sol tourism (as reported by the Association of Hoteliers) has accelerated this decrease in house prices, as has a move towards the cheaper and less developed Costas, this hitting areas such as the Costa del Sol hard.

One Costa benefiting from this transition is the Costa de Almeria in the province of Almeria to the east of Malaga, which ranks as the third cheapest Costa but has seen a steady increase in property prices in the last 2 years. From an average price in 2006 of €190,500 with an increase of three per cent in the course of a year to an average of €196,250 in 2007, and up another one per cent to a current average property price in March 2008 of €198,000, the Costa de Almeria is experiencing an increase in popularity. With great geographic diversity and an unspoilt coastline, it is easy to see why this area is seeing a rise in property prices. A mild climate and around 3,000 hours of sunshine a year sets it apart from other more affordable Costas such as the Costa Verde and therefore the popularity of this area is set to grow still further.

With the highly publicized popularity of the Spanish Costas, it is easy to think that you know all there is to know about these coastal destinations. However, with such diversity across the 15 Costas there is still so much to discover and something to offer every tourist and in turn property investor.

PROPERTIES

La Heredia

Spread over two valleys in the foothills of the Sierra Bermeja on the cosmopolitan Costa del Sol is the 900 acre paradise of Monte Mayor Golf & Country Club, La Perla International Living’s flagship resort development in Spain. Here, residents enjoy not only the best weather in Europe, but also the unspoilt beauty of the Andalusian countryside. 

The development offers a secluded rural refuge, yet remains within minutes of the bustle and excitement of the coast. Whether buyers prefer the natural beauty of the golf course designed by Jose Gancedo, the rugged hills or shimmering water panorama stretching all the way to Africa, the views at Monte Mayor are incomparable.

There are a range of superb plots located throughout the landscape of Monte Mayor. For those who prefer living in a more intimate interconnected community, luxury townhouses are also available in the private mountainside village of La Heredia de Monte Mayor offering wonderful views sweeping out over the Mediterranean to the African coast.

La Heredia will be comprised of 135 two-, three- and four-bedroom luxury townhouses. Each has a unique design and includes fireplace, double glazing, under floor heating throughout with individual climate control in each room, garage space and a storage unit.
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).
For more information contact La Perla International Living on 0031 205894070 or visit           laperlainternationalliving.com.

Marbella Royal Suites

Marbella Royal Suites is close to the idyllic whitewashed village of Benahavis in the middle of the Costa del Sol. Situated on the doorstep of El Paraiso golf course and under ten minutes drive from the golden sands of the Mediterranean Sea it is also easily accessible to the sophisticated lifestyle of Marbella and the renowned and beautiful Puerto Banus, home to the trendy and wealthy.

This exclusive development brings to the market a selection of ‘turnkey’ one-, two- and three- bedroom apartments. Impressive on site facilities put the emphasis on luxury and includes swimming pools, a fully equipped fitness centre, landscaped gardens, comprehensive business facilities and 24 hour security. This five star investment opportunity is currently 30 per cent below the official bank valuation with an anticipated R.O.I of at least 12 per cent.  Via a seven year leaseback scheme, owners will earn 50 per cent (anticipated £10k per annum) of ‘pooled’ income generated by the suites and enjoy up to 56 days personal usage each year for no additional cost. 100 per cent mortgages are also available subject to status.

Prices at Marbella Royal Suites start from just £99,000. Visit ownerinvest.com or call 0800 048 0712 for more details.

Duchy Estates

Duchy Estates has teamed up with global luxury lifestyle brand, Kasamia, to launch their flagship condo-hotel – Pueblo Acantilado Suites.  The charming cliff-top resort is close to Alicante in southern Spain and provides a dreamy romantic hideaway for its guests as well as a rewarding opportunity for investors. Fully approved for SIPPs with all the associated tax benefits, Pueblo Acantilado Suites is forecast to return more than six per cent from year one and that excludes capital appreciation. 

Following a 10 million euro refurbishment, the 96 exceptionally appointed one- to two-bedroom suites have access to a wealth of on-site amenities. Swimming pools surrounded by spacious sundecks, a Roman-esque amphitheatre, a 600m² spa and gymnasium and Kasamia Tapas & Martini Lounge are all set against a backdrop of dramatic Mediterranean Sea views. A concierge is on hand to arrange à la carte services from in-room massage to housekeeping and laundry plus event catering, childcare and personal shopping.

Guests will be shuttled in comfort between Pueblo Acantilado Suites and the nearby sandy beaches and first-rate golf courses.  

Investors can also become guests, enjoying up to eight weeks’ personal use per year, generally at no additional cost, and reveling in all the on-site amenities. At just 25 minutes from Alicante International Airport weekend breaks in the Spanish sunshine will soon become a way of life.

Freehold prices at Pueblo Acantilado Suites start from €180,280 euros (£141,682 pounds) for a one-bedroom suite. 70 per cent LTV mortgages are available and the current €10 million  refurbishment programme will complete ready for opening on 20 June 2008. 

Show flat is available for viewing.  Contact Duchy Estates for details of subsidised inspection visits to the resort on UK freephone 0800 849 8089 or call the Spanish office on 00 34 952 906 944.
Alternatively visit duchyestates.co.uk.                  .

Amanda Shiel takes a look at some of the finest properties available around the Med

Marrakech, Morocco
Lac Lalla Takerkoust, located in the green foothills of the Atlas Mountains and just a short drive away from hotspot Marrakech, is the site of La Perla International Living’s latest development.
Situated on the banks of Lac Lalla Takerkoust, the site encompasses in excess of eight hectares (approximately 20-acres) on the banks of this large, freshwater reservoir, fed by the pure water from the Atlas Mountains. Here, La Perla is creating a trendy lakeside beach club and exclusive living community.
The renowned Spanish architect Cesar de Leyva is creating the design details of this innovative project in close partnership with his Moroccan counterpart in Marrakech, architect Errachid Ben Driouich. The architecture and finishings will combine exotic, Arabian styling and contemporary western luxury, creating picturesque courtyards, fountains, terraces and pergolas. Living opportunities will include numerous spacious villas, some with fantastic views from the hill crest – each with a private, infinity-edge plunge pool.
Facilities will include a restaurant and bar, a beach club that will be open to the public with an outdoor pool and a swim-up bar, a boutique, and a spa and gym area.
For more information contact La Perla International Living on +3 (0)20 589 40 70 or visit laperlainternationalliving.com.

Algarve, Portugal
Overseas Investments UK Ltd has recently announced the launch of its exclusive new beachfront development in the Algarve.
Rocha Beach Residence will be located in the district of Portimao, just 50 metres from one of Europe’s finest beaches in the resort of Praia da Rocha.
Portimao is a region set to enjoy substantial investment in infrastructure with future projects including Portugal’s new Formula 1 circuit, an international airport, a new cruise ship port and a proposed 500-hectare theme park all within a 20 minute drive of the hotel. Overseas Investments are focusing on marketing to the UK investor and overseas property buyer to sell all 158 of the luxury apartments in the new Aparthotel development.
With completion due towards the end of 2009, Overseas Investments are also offering excellent financing facilities with minimal cash outlay during the construction period and a plan for buyers to mortgage 100 per cent of the contract price (subject to conditions and status).
All owners are given up to six weeks personal use each year of their property at no cost and a guaranteed annual rental income for 10 years.
All of the contemporary one-bedroom studio apartments will have private balconies, with over 50 per cent offering direct views of the beach. They will all be fully furnished to a very high standard including air conditioning and 2 flat-screen TVs. The 158-unit fully managed Apart-hotel will also feature an indoor pool, gym and spa.
Contact Overseas Investments UK on 0845 602 4375 or visit rochabeachresidence.com.

Liguria, Italy
The Portofino Estate in Liguria offers superb vantage points from its Mount Portofino location. Located 640 ft above sea level this enchanting property overlooks the traditional sea village of Portofino and the small bay of Paraggi on the Eastern Coast of Liguria just 18 miles from Genoa, the regional city.
Boasting several buildings in land totalling over six acres (additional 1.23 acres available) it offers 10 bedrooms, six bathrooms and large reception rooms. The main villa provides over 3,700sqft with a feature panoramic terrace and wooden pergola being the main focal point in a picture postcard setting. In addition, there is a separate guesthouse offering 1,184sqft on two levels and two log cabins and storage facilities adding a further 1,000sqft. The private garden is home to an abundance of vegetation along with a wood fired oven and seating area.
The remainder of the land is cultivated and offers an array of olive groves, palms, banana trees, magnolias, mimosa trees and a whole host of other fruit bearing trees. Perhaps its biggest feature is a private path which totals some 600 steps and leads to a secluded cove set within the Portofino natural park.
Priced at £5.85 million. Call Precious Villas on 0870 899 8023 or visit preciousvillas.com.

Sardinia, Italy
This recently constructed complex is located in the Golfo Aranci region on the North Eastern coast of Sardinia. The properties are superbly located close to Porto Rotondo, one of the most famous areas on the Costa Smeralda. The homes are also just ten minutes from the airport at Olbia, 50 metres from the sea and 200 metres from Marina at Golfo Aranci.
Prices from €207,000 - €320.000 (£142,000 - £220,000).
Contact Casa Travella on 01322 660988 or visit casatravella.com.

Western Liguria, Italy
Casa Travella is currently marketing a lovely apartment located in the beautiful mediaeval town of Pogg. Located three kilometres from the beach, it offers magnificent views over both the sea mountains.
The property has recently been renovated and comprises a large living room with fully fitted corner kitchen, two-bedrooms, bathroom; utility and cloakroom. The well maintained property also boasts a lovely loggia leading from the living room with magnificent sea.
Priced at €280,000 (£215,000).
Contact Casa Travella on 01322 660988 or visit casatravella.com.

Makriyialos, Crete
Properties at Bay View are currently available off plan.
The development is located just two minutes walk from the beach and two minutes drive from Makriyialos which boasts an array ofshops, cafes, bars and restaurants. Bay View offers easy access to the scheduled new airport at Sitia.
Prices range from £71,121 (€98,000) to £82,615 (€114,000) fro a two-bedroom apartment. Bungalows are also available for £172,415 (€240,000).
70 per cent off-plan mortgages available.
Call Olive Tree International Property Ltd on 0845 2570227. Alternatively, visit olivetreeworld.com.

Kalkan, Turkey
London-based property company Bridgehouse International recently launched a wide range of property types from one-bedroom apartments to five-bedroom premier villas at LaVanta.
This exclusive development consists of 158 apartments and villas and provides a holiday opportunity for discerning second-home owners and a tempting proposition for the shrewd investor.
Kalkan is situated around a natural harbour at the foot of the Taurus Mountain. Views from the development offer clear azure seas and a picturesque scattering of boats, as well as a jumble of age-old whitewashed villas that line the narrow streets down to the harbour, a reminder of Kalkan’s Ottoman heritage.
Homes are traditionally designed and constructed, offering excellent family accommodation set among large, beautifully planted gardens. The villas also overlook their own private pools and enjoy a high degree of privacy.
All residents have on-site amenities on their doorsteps such as the exclusive spa, sporting facilities, restaurants, shops and a boutique hotel.
These top-of-the-range properties are skilfully arranged to provide spacious living and sleeping areas, with accommodation spread over two or three storeys and some villas even incorporating separate guest or staff quarters.                        
Individual specifications vary but all homes feature large open plan interiors with at least one master en-suite, family bathroom, balconies and covered terraces.
Only a few properties now remain available on Phase 1. Prices start from £69,000. Prices for Phase 2 start at £79,000 for a one-bedroom apartment and £469,000 for a five-bedroom premier villa.
Contact Bridgehouse International on 020 7478 9253 or visit bridgehouseinternational.com.
Menton, France
Menton is the warmest and most Italian-influenced of the Côte d'Azur resorts. This high-class development is ringed by mountains and maintains a wonderful climate which suits its simple, quiet mood.
Accommodation at Hanmbury Place ranges from functional one-bedroom apartments to three-bedroom apartments ideal for families. Apartments overlook the sea, the beautiful landscaped gardens, or both.
Prices start from £190,000 for a 28.1 sq m studio apartment and range to £1,152,000 for a 98.2 sq m three-bedroom apartment.
Contact Chesterton International on 020 7201 2070 or visit chesterton.co.uk.

Martellago (near Venice), Italy  
Le Residenze del Golf is located in Martellago, 10 kilometres north-west of Venice. The development consists of two blocks of studio, one- and two- bedroom apartments and overlooks the Ca’ della Nave golf course. All apartments feature central heating, air conditioning and a parking space.
An optional six per cent rental guarantee scheme is available for a minimum of four years. Prices start at €148,000 (approximately £113,950) for a studio apartment.
Contact Overseas Homesearch on 0800 6520 769 or visit overseashomesearch.co.uk.

Menorca, Spain
On this much-loved island, Jackson-Stops and Staff International offers a rare secluded villa only minutes from San Luis and the beaches of the South Coast. This modern and spacious country house of 450 square metres is set in large private landscaped gardens of 22,000 square metres,
The house has large and bright rooms, four bedrooms with en suites and ample living and dining areas finished with first-class fixtures and fittings.
The landscaped gardens include a pool, pond, terracing and barbecue. The house will be sold with many extras and is ideal for a lavish holiday home and year-round living.
Priced at €1.5 and on sale through Jackson-Stops and Staff International. Call 020 7828 7387 or visit jackston-stops.com.

  

Morocco has long been a popular tourist destination for British travellers, with its Mediterranean climate and cultural delights offering a pleasant and affordable holiday. However, investors are also now fast realising the potential of the country, especially as the economy remains robust against the global downturn.

 

Moroccan specialist Compass Properties reports that Morocco’s index of leading shares (MASI) has risen by more than 13%* since the start of 2008, compared to a fall of more than 11% in the FTSE 100** over the same period.

 

It is an excellent time to look at investing, with the property market booming, and tourist numbers set to double to 10 million by 2010. Massive developments in the infrastructure, including new roads and motorways, increase of telecommunications, electricity, banking, insurances along with improvements in education and health care and an increasing number of flights, are fuelling the market and the comparatively low price of property is a enticing hook for international investors.

 

The country offers incredible value, with beachfront properties costing around one third of similar units located just a few miles across the Mediterranean Sea in southern Spain.

 

Steve Burns, Marketing Manager for Compass Properties, commented: “At Mirador Golf, which has just been completed, 1 bedroom apart-hotel units released off plan for £19,000 are now re-selling for £27,000.  A similar unit at our newly released Cabo Dream development is priced at £22,716 and these are selling fast.  Investors at Playa Vista - our marina development - have fared even better.  Two-bedroom apartments released in the first phase sold for £40,000, and these are currently priced at £70,000."

 

He says the country offers a safe haven to any property investor worried by the credit crunch.  “Morocco enjoys a very stable economy as most of the leading companies are Morocco-owned and are less-influenced by what is happening in the global markets.  Huge inward investment, low cost of living and fabulous weather make Moroccan a dream destination – for tourists, property owners and investors alike.”

 

If you are looking at an international property investment, it is definitely worth considering Moroccan property. Even on a tight budget there is something for everyone.

 

Cabo Dream is an excellent example of what you can get for your money. Located on the Costa Vista, Morocco’s Mediterranean Coast, with its hundreds of miles of glorious sandy beaches, the location is idyllic. It is a great combination of beach resort living and convenience, with a range of local facilities in the nearby town of M’Diq including restaurants, shops, banks and medical facilities.

 

Because of it’s elevated position the development boasts panoramic views of the Mediterranean and Cabo Negro Golf Course, and in the winter, the snow-capped Rif Mountains.

Only 88 apart-hotel units will be available in the low-storey development, and no further building is permitted on the large area of national parkland directly behind it so there is a certain amount of exclusivity. 
 
The region’s strong property market has benefited investors in the adjacent Mirador Golf development, which includes 2 bars, restaurant and a supermarket.  Here, the price of 1-bed apart-hotel units has leaped from £19,000 to £27,000 in only 18 months.  Owners in the region have also reported rental occupancy of over 95% in the summer months.

Steve Burns, Marketing Manager for Compass Properties, commented: “Cabo Dream is the perfect getaway for anyone who wants the benefit of an easily maintained beach property that can be enjoyed all year round.” 

 

Compass Properties offer subsidised viewing trips for prospective purchasers.  For details and more information on Playa Vista or any other Compass Properties’ development contact:

Compass Properties 0800 007 5292

www.compasspropertiesabroad.com

 

*           The MASI Free Float Index showed a rise of 13.14% from 31/12/2007 to 02/04/2008.

**          The FTSE 100 Index fell by 11.69% from 6456.9 on 31/12/2007 to 5702.1 on 31/03/2008.

 

Amanda Shiel takes a look at what’s available near excellent courses

Alentejo, Central Portugal
The Tróia Peninsula, known for superb golf and water sports, is the setting for the 440-hectare Troiaresort, a new development on this northern tip of the Alentejo region of Portugal, just 30 minutes south of Lisbon.   
A range of apartments, townhouses and villas is currently under construction at the resort, which will offer a wealth of facilities and amenities in a picturesque setting. All properties will have a sea view.
The first phase, which will comprise three hotels, a marina, casino, conference centre, commercial facilities, restructuring of golf course and delivery of Marina and Beach apartments, will be completed by September 2008.
The Troia Golf Championship Course was designed by renowned golf architect Robert Trent Jones Sr. and is considered to be one of Portugal's most beautiful courses, with its unique location between the sea, the Sado Estuary and the Serra da Arrábida.
Prices range from €290,400 for a one-bedroom marina apartment to €1.3 million for a six-bedroom villa. All apartments and townhouses come fully furnished.
For further information visit troiaresort.net or call +351 214 643 322.

Western Algarve, Portugal
Parque da Floresta Golf & Leisure resort is an all-round destination situated near Lagos in the Western Algarve, Portugal. Luxury properties surround its championship 18-hole, par 71 golf course.
The large range of amenities includes a golf academy, restaurants and bars, a bowling green, floodlight tennis courts, outdoor and indoor heated swimming pools, children's pool, kid’s clubs, and a health and beauty spa (more info below).
Properties at the latest phases of Parque da Floresta are currently for sale through outright and fractional freehold ownership. Built in the style of a new golf village and named Quinta da Encosta Velha, there is a broad range of properties available.
Buyers can select one of the unique Golf Village Houses with communal heated pools and gardens or an independent Golf Villa with private pool and small gardens. There are also linked villas with private heated plunge pools, gardens and barbeques. Within Quinta da Encosta Velha is a business and conference centre, reception area, and A Taberna Restaurant.
Parque da Floresta resort is less than one hours’ drive from Faro airport, providing flights to a large number of UK and Irish airports.
A two-bedroom Golf Village house with communal gardens and heated swimming pools is available for €397,500.
Contact Vigia Property Sales UK on 01223 316820 or visit parquedafloresta.com.

Costa del Sol, Spain
La Heredia will be comprised of 135 two-, three- and four-bedroom luxury townhouses. Each has a unique design and includes fireplace, double glazing, under floor heating throughout with individual climate control in each room, garage space and a storage unit. Purchasers will have the secluded, rural refuge of their dreams, yet remain within minutes of the bustle and excitement of the coast.
The golf course is the centrepiece of the Monte Mayor estate, situated between the villages of Benahavís and Cancelada.    
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).
Contact La Perla International Living on 00 31 20 589 40 70 or visit laperlainternationalliving.com.

Los Arqueros, near Marbella
Close to Marbella, Residential Los Eucaliptos is at the award winning Los Arqueros Golf & Country Club and consists of 15 buildings with six apartments in each.
Los Eucaliptos is being developed by Taylor Woodrow to a very high standard. The development is made up of two- and three-bedroom apartments with an allocated parking space for every apartment and a communal swimming pool with landscaped gardens.
From: £170,000 for a two-bedroom apartment
For more details call Chesterton International Ltd on 020 7201 2070 or visit chesterton-international.com.

Pezula, South Africa
Located on the eastern head of Knysna, on South Africa's famous Garden Route, Pezula is surrounded by rugged cliffs, ancient forests and sheltered beaches, with sweeping views of the Pezula Championship Golf Course, the Indian Ocean and the Knysna Lagoon.
The Country Estate at Pezula has just been launched and consists of just 28 exclusive north-facing plots priced from R1.26 million (approx. UK£ 93,181), it represents country and nature living at their best and the last opportunity to own a piece of Pezula.
Pezula is also selling its fourth phase consisting of 34 plots ranging in size between 2,500m² and 10,000m². In contrast to earlier releases these are ‘plot and plan’ sites. Each is sold with a complete set of approved architect designed plans which effectively streamlines the process of building at Pezula for overseas buyers. Starting at ZAR 2.2 million (approx UK£160,426), all properties have magnificent views of the Knysna Lagoon and the Outeniqua Mountains.
Contact the Pezula Group on  +27 44 302 5332 or visit pezula.com.

Abruzzo, Italy
San Donato is located 850 metres above sea level and is surrounded by a residential village just 10 minutes from the historic city of l’Aquila in Italy.
Residences comprise 100 studio, one-, two- and three-bedroom apartments. Facilities include a swimming pool, a fitness centre, restaurants, bars, a golf pro-shop and clubhouse. Owners are offered a discounted fee for golf course membership and green fees. Owners also have access to all on-site facilities. Completion is expected in March 2009.
Abrruzzo is one of the most thinly populated and unspoilt regions of the Italian peninsula. Skiing is provided in the winter at nearby Campo Felice – a 20 minute drive from the development – and for summer fun blue flag beaches are 45 minutes away. Situated in the heart of Italy, Pescara is 60 minutes from Son Donato and Rome is a 75 minute drive.
Easy access is provided from the UK via a huge range of regular and budget airlines into both Rome and Pescara.
Prices at San Donato Golf start at €109,143 (approx. £76,000).
Call Overseas Homesearch +44 (0) 800 652 0769 or visit overseashomesearch.co.uk.

NonSuch Bay, Antigua
NonSuch Bay, a 16-hectare (almost 40-acre) development, provides a wide choice of accommodation, from luxurious waterfront townhouses with private plunge pools and moorings to well-situated apartments of different sizes set flanking the beach or on the hillside.
On-site amenities include a restaurant, a private dock and moorings, shops, tennis courts and at least one communal swimming pool. Only 20 minutes from English Harbour and 25 minutes from the capital city, St. John’s, and the island’s V.C. Bird International airport, which offers direct flights to and from London in just eight hours, NonSuch Bay is a convenient and attractively priced Caribbean haven.
All three of Antigua’s golf courses are open for public play.
Two-bedroom apartments cost from US$475,000.
Contact Robson Barnes 01483 242 49 or visit robsonbarnes.com.

St Lucia, Caribbean
Raffles St Lucia comprises a 200-room Raffles Resort, around 250 one-, two- and three-bedroom apartments and 72 villa plots.
Further features include the Raffles Amrita spa, five swimming pools, a choice of restaurants and a Jack Nicklaus Golf Club (JNGC).
Thirty-five special Founders packages are available until the end of 2007, which include in the purchase price: a one- or two-bedroom apartment, plot of land (includes building permit for construction of a villa), two Jack Nicklaus Golf Club St Lucia memberships (Founder and Golf) and an associate membership to the Jack Nicklaus Golf Club worldwide reciprocity programme.
Prices from are from US $1,100,000 for a package with a one-bedroom apartment and US $1,600,000 for a package with a two-bedroom apartment. Reservation for the Founder’s Package requires a US $5,000 refundable deposit
Call Chesterton International on 0207 201 2070 or visit chesterton.co.uk.

Belek, Turkey
Augustus Country Club offers exceptional facilities including two tennis courts, golf, putting greens, café/sports bar, shops, restaurants and a superb spa and indoor pool.
Prices start from £107,000/€160,000 for detached villas built in local stone. There is a choice of two-, three- or four-bedrooms with en suite facilities.
Luxury detached four-bedroom, three bathroom detached villas start from around £175,000.
At the top end of the market there is Villa Caesar in Augustus Village near Antalya for £795,000. This truly remarkable bespoke villa offers the very finest lifestyle and has been conceived as zero carbon rated.
For more details contact Nirvana International on 0118 965 4072 or visit www.nirvanainternation.com.

The long sandy beaches, quaint towns, stunning scenery and fine food have ensured that Spain has remained a popular choice. Amanda Shiel takes a look at what’s available

The Balearic Islands, an autonomous division of Spain, are one of the most popular destinations in the Europe and it is this popularity that has sent property prices in this area soaring by a staggering 15.26 per cent in the last 12 months. Demand for properties on Mallorca in particular has resulted in a limit to the new land available, pushing prices up.
For those keen to purchase a home on the stunning island before prices rise further, Taylor Woodrow de España has a selection of fantastic developments to suit a range of budgets and lifestyles.
For sun worshippers, the east coast of Mallorca is famous for its beaches and offers more than fifty secluded coves of enormous beauty. Cala Millor is an ideal base from which to discover this region. Just 3km from the resort is Port Verd, a collection of 33 spacious two- and three-bedroom apartments, priced from €239,000. This stunning development is just 200 metres from the beach and also benefits from a swimming pool, making it the ideal place to relax and soak up the Spanish sun.
Another development on the east coast is El Puerto II at Cala D’or, a stunning collection of just 31 two-bedroom apartments, priced from €238,000. Many apartments have views over the marina and the development is surrounded by generous gardens and three communal swimming pools. The Vall D’or golf course is just ten minutes away for those wishing to perfect their game in a beautiful climate.
Cala Magrana 2 at Porto Cristo is a more established development where Taylor Woodrow de España has a selection of two-bedroom apartments, priced from € 250,000 and three-bedroom townhouses priced from €285,000. The development is just two minutes away from the sea and very close to golf courses, as well as the marina of Porto Cristo.
Situated adjacent to the popular and well-established Cala Magrana 1 development, properties here benefit from communal gardens and swimming pool, and would be ideal for families or those looking to relocate to Mallorca.
For further information telephone the sales office on 08000 121020 or visit taylorwoodrow.es.
Malibu, at Puerto Banus on the Costa del Sol, is a tranquil retreat from the glitz and glamour that epitomises the exciting Mediterranean coastline of five star hotels, gourmet restaurants, exciting bars and the famous marina that draws some of the finest privately owned craft, in the world. Home of the stars, Puerto Banus oozes sophisticated charm and a certain cutting edge chic.
The four-bedroom ground floor apartment is located in one of the most luxurious front line beach complexes along this golden mile of coastline and is within walking distance of the Andalusian style marina and exclusive resort that is Puerto Banus.
Owners will benefit from 24 hour security, access to the beach, two sweeping free form communal swimming pools and private and spacious terrace.
Puerto Banus is within a short drive of Marbella and there is easy access from Malaga International Airport via the new motorway.
For more details contact Unique Living on 0845 430 0185 or visit uniqueliving.com.
Spain has long been a prime destination for those seeking to combine great weather and beautiful surroundings with their love of golf. For investors, buy-to-let golf properties tend to result in more rental weeks annually, and those who purchase near major golf courses can expect good occupancy rates throughout the year.
Taylor Woodrow de España’s Las Encinas de los Arqueros development on the beautiful Costa del Sol is a collection of just 30 two- and three-bedroom apartments that have been traditionally designed in the style of a Mediterranean village and built to only three storeys high.
The apartments, which are priced from €240,000, feature private gardens or balconies with stunning views overlooking the golf course and sea, a communal swimming pool, landscaped gardens and allocated parking.
Situated only a short distance by car from Marbella and Puerto Banus, Las Encinas de los Arqueros is ideally located and just under an hour away from Malaga airport.
For more information on this development contact the sales office on 08000 12 10 20 or go to    taylorwoodrow.es.
Residents of the luxurious apartment development Los Cortijos in Mijas will gain a bird’s eye view of Marina Mijas. With an initial investment of 50 million euros, Marina Mijas will comprise 800-1,000 berths of all sizes up to 100 metres (328 ft) as well as two docks designed to accommodate transatlantic cruisers. In addition there will be two hotels, a commercial area with shops, restaurants, cafés, leisure zones, a congress centre, yacht club and full service dry dock. The new facility will comfortably create up to 1,000 new jobs and the avant-garde design will ensure that it becomes a worldwide reference point.
Los Cortijos will comprise one-, two- and three-bedroom apartments are set within the Costa del Sol’s true ‘golf valley’ with 12 courses within literally minutes of the resort. The properties themselves all boast golf, sea and mountain views with no sub-standard views on offer and are superbly equipped with first class laminate wooden flooring in living rooms and bedrooms, heating and comfort cooling, fully fitted kitchens, disabled-adapted lift access to just two apartments per floor, allocated parking and storage. On-site facilities include a gymnasium, spa, sauna, three swimming pools and manicured gardens whilst the Calanova Golf Clubhouse is within comfortable walking distance.
Prices start from just €195,000 euros for a one bedroom apartment with 25m² of terracing rising to €440,000 euros for a three-bedroom three bathroom duplex penthouse with a mammoth 40m² of terracing.
For further information on Los Cortijos contact Duchy Estates on UK freephone 0800 849 8089 or call the Spanish office on 00 34 952 906 944. Alternatively, visit duchyestates.co.uk.
Spread over two valleys in the foothills of the Sierra Bermeja on the cosmopolitan Costa del Sol is the 900 acre paradise of Monte Mayor Golf & Country Club, La Perla International Living’s flagship resort development in Spain. Here, residents enjoy not only the best weather in Europe, but also the unspoilt beauty of the Andalusian countryside.
Purchasers will have the secluded, rural refuge of their dreams, yet remain within minutes of the bustle and excitement of the coast. Whether buyers prefer the natural beauty of the golf course designed by Jose Gancedo, the rugged hills or shimmering water panorama stretching all the way to Africa, the views at Monte Mayor are incomparable.
Buyers have the option of superb plots, which are carefully situated throughout the landscape of Monte Mayor, or for those who prefer living in a more intimate, interconnected community, luxury townhouses are also available in the private mountainside village of La Heredia de Monte Mayor. Homes here offer wonderful views sweeping out over the Mediterranean to the African coast.
La Heredia will be comprised of 135 two-, three- and four-bedroom luxury townhouses. Each has a unique design and includes fireplace, double glazing, under floor heating throughout with individual climate control in each room, garage space and a storage unit.
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).
For more information contact La Perla International Living on 0031 205894070 or visit laperlainternationalliving.com.

Family snap up a bargain
Tracy and Richard have lived on the Costa del Sol for five years but always in rented accommodation. With demanding jobs they never had the time or the inclination to house-hunt but as the market cooled towards the end of 2007 and daughter Lylla settled into school, Tracy and Richard decided that they’d take the plunge and go bargain-hunting.
Tracy says, ‘Our criteria started off rather vague, a townhouse or a villa maybe with a budget of €500,000 to €700,000. The only definites were that we needed a big garden, so apartments were out, and wanted to stay to the west of Marbella close to Lylla’s school. We made an online enquiry with Duchy Estates and were emailed a selection of properties, many of which were exclusive to the agent rather than pulled off a multiple listing system. And as they understood what we were after we agreed to conduct some viewings.’
The couple had a stroke of good luck when a property that had originally been out of reach suddenly became an option after the vendor dropped the price from €890,000 to €790,000 euros. The four-bedroom villa in Cancelada was on a 940m² plot, had an immaculately maintained garden with swimming pool and partial sea views.
Tracy says, ‘Richard was immediately impressed with how well the property was built. The French architect had opted for 600mm thick walls and at nine-years-old the property had had plenty of time to settle so anything structural that was going to fail would have already done so. The current owners had lovingly looked after the villa and no major works on the kitchen or bathrooms was needed. In short we loved it, but not for €790,000, which was too much. After some negotiations our initial offer of €660,000 was nudged a little higher to €690,000, but for that we also got most of the furniture and cupboards full of bed linen and crockery.’
Tracy, Richard and daughter Lylla cannot envisage moving from their villa for many years to come and with all that space they might even extend the family!
Contact Duchy Estates on UK freephone 0800 849 8089, the Spanish office on 00 34 952 906 944 or visit  duchyestates.co.uk.

 

We look at some of the green options available overseas, including apartments in France built with sustainable Romanian wood.

 

Castelclarens in the village of Casteljaloux

 

Castelclarens is a new development near Bordeaux, France.

 

These well proportioned apartments of between 25 and 65 sq metres are in a superb location, on a lakeside and surrounded by a pine forest. They are also just an hour from Bordeaux and easy distance of Toulouse.

 

This is a low density development with underground parking facilities (one space per apartment) with buggies to carry people around the residence. Ground floor apartments will have private gardens. Upper levels, maximum three storeys, will have balconies. There are two private pools, one indoor and one outdoor.

 

Other facilities will be a sauna and a jacuzzi. The whole complex is being designed on a “water” theme behind electronic gates for additional exclusivity.

 

To ensure they are eco-friendly the apartments are partly constructed from sustainable Romanian wood.

 

Prices range from 70,000 euros/£49,081 for a 25 sq metres apartment to 180,000 euros/£126,209 for a 65 sq metre apartment.

 

Olive Tree International Property Limited www.olivetreeworld.com

 

 

Domaine du Bois des Harcholins, La Moselle, northeast France

 

Le Domaine du Bois des Harcholins is an environmentally sustainable sports and leisure development. It is due to be completed from the beginning of 2010.

 

Built to High Environmental Quality ® measures, it has been designed to provide noise and heat insulation and the cottages will be High Energy Efficiency Building certified.

 

They boast a number of eco-friendly features including:

 

• Zero-carbon

Different renewable energy sources will be used onsite, including a wood and gas boiler to provide 80% of energy requirements for the heating of the main central facilities. Solar panels will be used for hot water in some buildings, and energy-reduction and power-saving measures initiated.

 

• zero-waste

Waste sorting and recycling will be managed and followed. Each cottage is equipped with recycling bins. Suppliers are asked to minimise packaging and recycle or reuse. Organic waste is composted and used as a nutrient for gardening.

 

• sustainable water

The legislation in France does not allow the use of rainwater inside of buildings (toilets, for example) but all rainwater from the central facilities will be harvested and used for the lagoon and the lake to contribute to the preservation and promotion of biodiversity.

 

• local and sustainable building materials

The construction of cottages and the structure of the central facilities will be in wood grown in either local or sustainable development certified forests. P&V has a policy to promote the use of renewable, recyclable and eco-certified materials for construction.

 

• sustainable transport

P&V will create a car-free development with electric shuttles to transport visitors around the village. Cottages will be connected to the rest of the development by pedestrian and cycle tracks. Parking is restricted to beltways around the development. High-speed train connections from Paris by TGV, reducing 80% of CO2 emissions over the equivalent journey by plane, are operational.

 

The two and four bedroom cottages are on sale from €144,000 (£100,000).

 

For more information contact nVillas info@nvillas.com

 

Amanda Shiel takes at look at some of the finest ski resorts in France

Residence Le Martell de Janville, Mont Blanc
The residential property is seven floors high and comprises 150 apartments ranging from the studio to the T5 with terraces, views of Mont Blanc and private parking. Residence Le Martell de Janville is located in the Mont Blanc area on the Plateau d’Assy, 20 km from Chamonix and Megève.
Prices: from €61,500 (about £43,865) to €206,000 (about £146,930)
Contact Overseas Homesearch on 0800 6520 769 or visit overseashomesearch.co.uk

Les Chalets de l’Adret, Les Deux Alpes
The Chalets de l'Adret are located at the centre of the Deux Alpes resort, by the foot of the ski lifts.
The development consists of two chalet blocks and features a total of 30 apartments, ranging from studios to three-bedroom units. Each apartment has a terrace or balcony and ski equipment storage, while parking spaces are available for an additional fee.
Prices: from €95,500 (approx. £68,115) to €453,000 (about £323,104)
Contact Overseas Homesearch on 0800 6520 769 or visit overseashomesearch.co.uk for more details.

Les Terrasses d’Eos, Flaine Montsoleil
Les Terrasses d’Eros in the Flaine Montsoleil resort is located in the Haute-Savoie Region of the French Alps at the foot of Mont Blanc, a region renowned for its snowfall and snow quality. The new development of Les Terrasses d’Eos offers ski in, ski out access to the largest and most diverse ski area in the French Alps, ‘Le Gran Massif’. The resort is a car-free, fully pedestrian centre, with a variety of shops, restaurants, bars, and recreational areas, including landscaped gardens and a fitness centre.
Les Terrasses d’Eos is located to the east of the village and comprises of 500 units offering a choice of one-, two-, and three-bedroom apartments. Each apartment is fully furnished to 4-star specifications with contemporary designs and large bay windows which open onto a balcony with alpine views. To create a feeling of warmth for these mountain apartments the walls are decorated with cream and ochre as well as having under floor heating. One parking slot will be available to each apartment. Prices start at €200,000 (approx. £135, 894) for a one-bedroom apartment.
Prices start at €200,000 (approx. £135, 894) for a one-bedroom apartment.
Visit overseashomesearch.co.uk or call 0800 6520 769 for more details.

EdenArc 1800, Les Arcs
EdenArc 1800 consists of 330 one-, two- and three-bedroom apartments. Each apartment is fully furnished to 4-star specifications with contemporary designs and large bay windows which open onto a balcony with alpine views.
The furniture in the living rooms includes a sofa bed, armchair, coffee table plus two further tables. Underground parking is available at no extra cost. Located at the foot of the slopes, further features of the apartments include an aqua relaxation centre with an outdoor heated swimming pool, a children’s swimming pool, hot tubs, sauna and hammam. A fitness centre and conference rooms are also on site.
The abundance of wide open spaces makes the slopes at Les Arcs excellent for beginners while expert skiers can enjoy themselves off-piste. Other winter activities available include ice climbing, ice skating, show shoeing and winter walking. Being an all-season getaway, there are plenty of activities on offer for the summer – golf, horse riding, paragliding, hiking and mountain biking are a few examples. The resort caters for children with a wide range of activities such as trampolining, bouncy castles, ski kindergarten and kid’s club to choose from. Les Arcs also has restaurants, nightclubs, bars, a bowling alley and a few cinemas.  
Prices start at €245,000 (approx.UK £171,018) for a one-bedroom apartment and completion is expected at the end of 2008.
Call 0800 6520 769 or visit overseashomesearch.co.uk.

Residence Le Janremon, Les Deux Alpes, Isere, France
This development is located in the village of Les Deux Alpes in the Massif des Ecins region of the French Alps. The hotel conversion will consist of 44 studio, one-, two- and four-bedroom apartments. Features include a balcony/terrace with dramatic views of the mountains from most apartments. Each apartment comes with a ski locker and personal water/electricity metre.
Due to the high slopes, reliable snow fall and close proximity to the nearest cable car (150m walking distance), the resort is popular among skiers and snowboarders alike. The varied mountain terrain means that the resort suits all levels of skier from the beginner to the advanced. There is a snow park in the village and night skiing is offered three times a week. There are 25km of cross country trails. Being an all-season getaway, there are plenty of activities on offer for the summer too – golf (les Deux Alpes Golf Course), horse riding, paragliding, hiking and mountain biking are a few suggestions.
Prices start at €75,000 (approx. UK £52,357).
For more information call 0800 6520 769. Alternatively visit overseashomesearch.co.uk. 

Les Chalets de la Tannerie, Chamonix, French Alps
Positioned at the heart of the French Alps, Chamonix has been a favoured Alpine destination for decades. Chamonix has excellent skiing, some of the best walking and cycling routes and a range of restaurants and bars for any après-ski requirement.
The development comprises 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 towards Mont Blanc and the Aiguille du Midi.
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 – Les Chalets de la Tannerie maintains this tradition.
Three apartments are currently available: a three--bed for €1,049,000 (£704,026), four-bed €1,415,000 (£956,081) and four-bed for €1,459,000 (£985,810).
Contact Chesterton International on 0207 201 2070 or visit chesterton.co.uk.

With its history, beauty and fantastic climate, the countries lapped by the Mediterranean Sea are excellent investments. Johnny Turner looks into what’s available near the mighty Med

The Mediterranean has drawn sun-seekers for centuries, and smart investors long ago realised the desirability of owning property near its shores. These days, buyers are making a beeline for the beautiful shores of the Med – and the market has plenty to offer.
In Mallorca, demand from all over Europe has resulted in a limit to the amount of new land available to buyers, which has pushed prices up. Prices on the Balearic Islands have risen by a staggering 15.26 per cent in the last 12 months.
For those who want to buy on the island before the cost rises even further, Taylor Woodrow de España has a selection of developments to suit a range of budgets and lifestyles. For sun worshippers, the east coast of Mallorca is famous for its beaches, offering more than 50 beautiful, secluded coves. Cala Millor is an ideal base for explorers. Just 3km from the resort is Port Verd, a collection of 33 spacious two- and three-bedroom apartments, priced from €239,000. This stunning development is just 200 metres from the beach and also has a swimming pool, making it the ideal place to relax in the sun.
Another fantastic development on the east coast is El Puerto II at Cala D’or, a stunning collection of just 31 two-bedroom apartments, priced from €238,000. Many apartments have views over the marina and the development is surrounded by generous gardens and three communal swimming pools. The Vall D’or golf course is just ten minutes away for those wishing to perfect their game in a beautiful climate.
Nick Freeston, head of UK operations for Taylor Woodrow de España, says, ‘With regular low-cost flights, over 300 days of sunshine a year, stunning beaches and numerous historical sites of interest, it’s no wonder that purchasers are snapping up homes in their droves.’ However, the island’s popularity has meant it can be difficult to find property that doesn’t carry a hefty price tag – all the more reason to explore Taylor Woodrow de España’s options, he says.
Purchasers looking for a home in a more established development should visit Cala Magrana 2 at Porto Cristo where Taylor Woodrow de España has a selection of two-bedroom apartments, priced from €250,000 and three bedroom townhouses priced from €285,000. This beautiful development is just two minutes from the sea and very near golf courses and the marina of Porto Cristo.
For further information telephone the sales office on 0800 012 1020 or go to taylorwoodrow.es.
On mainland Spain, Huelva, the capital city of the south-westerly Spanish province of the same name, is to get its own international airport. Good news for would-be investors who are ready to buy before the resulting price hikes.
Huelva, located near the Costa de la Luz, Spain’s sunniest coastline bordering the Portuguese Algarve, will now be ultra-accessible, and therefore more desirable. It currently has the lowest percentage of foreign visitors compared to the rest of the coastal provinces of Andalusia, but is set to flourish when the airport opens.
Titan Properties offers a number of properties within the Huelva region, priced from as little as €54,505 for an inland apartment at Jardines del Guzman, or €187,000 euros for a two-bedroom apartment within 100 metres of the beach at Hoyo 19, Nuevo Portil. Contact 00 34 959 399 982 or visit titan-properties.com.
Morocco is a very up-and-coming Mediterranean location, and a brand new development in Marrakech is set to make this location even more desirable. Emerging Real Estate has launched Apple Gardens, which offers a range of three-bedroom villas at prices starting at €240,000.
Apple Gardens is a fully managed development of 51 detached and semi-detached properties located 15 minutes from the centre of Marrakech. The homes are built in a traditional courtyard style yet have the added benefit of open-plan living. Each villa has the latest modern conveniences, plus its own swimming pool and stunning terraces surrounded by secluded gardens.
The views from Apple Gardens will be a major selling point. The spectacular vistas across to the Atlas Mountains are awe-inspiring, and the development is also close to the famous Djamaa El Fna Square, a UNESCO World Heritage site.
Visitors will have access to a host of on-site recreational facilities and activities including; a bar, restaurant, a well equipped gymnasium, a hammam (traditional steam room), a communal pool and tennis courts. Rental management, housekeeping and laundry services are also available.
For golfers – and those who want to let to golfers – preferential green rates have been negotiated with three world-famous golf courses nearby: Marrakech Royal Golf Club, Marrakech La Palmeraie Golf Club and Marrakech Amelkis Golf Club.
The resort is accessed by a fully surfaced private road. The journey time into the centre of Marrakech is approximately 15 minutes and Menara International Airport is approximately 25 minutes away. A shuttle bus service to the airport is also available.
For further information on Apple Gardens contact Emerging Real Estate on 0845 601 7293 or see emergingrealestate.com.
Also in Morocco, the popularity of the marina at Mediterrania Saïdia means it needs extending even before it has been fully built. Oversubscribed from the outset in 2004, the existing 840 berths will now be expanded to over 1,000, taking the bill to more than €21 million.
Each of the additional berths at Mediterrania Saïdia will be more than 12 metres (40ft) long and also create space for more commercial areas, a sports club and extra parking spaces. The marina is the hub of the 7 million square metre resort, which occupies six kilometres of sandy beachfront and is zoned into distinct sporting and leisure areas. The development is to include restaurants with sunny pavement terraces, bars, a traditional souk, designer boutiques, high street fashion stores, a medical centre and discotheque.
GEM Estates offers a range of property within Mediterrania Saïdia, from beachfront apart-hotel suites to grand frontline golf villas. Prices start from just £75,500 for a unit within Sahara Beach Resort & Spa.
Contact GEM Estates now on Freephone 0800 731 8494 or visit gem-estates.com to find out more.
Italy is a firm favourite with British holidaymakers and buyers alike, and in sunny Calabria, you can buy into a wonderful lifestyle that is defined by its culture, community and breathtaking beauty.
Pizzo, one of the most beautiful and famous towns in the Vibo Valentia district of Calabria, is an ancient cliff-top village blessed with stunning ancient architecture, fascinating history, a fabulous healthy climate and a fine-white sandy beach lapped by turquoise waters.
This famous fishing town has fabulous restaurants and cafés, water sports, mountain climbing, sailing and many other outdoor activities – which all adds up to an amazing lifestyle that is both restful and packed with possibilities. And the property prices here make la dolce vita even sweeter – you can buy here for € 74,500.
Pizzo Beach Club is a five-star resort situated on the shore of the Tyrrhenian Sea and within a short 15-minute drive of Lamezia International airport, which offers inexpensive direct flights to the UK. The resort has studios, apartments, penthouses and villas, each elegantly designed over two levels. The development also offers a football pitch, tennis courts, a clubhouse with restaurant and bar facilities as well as swimming pools and botanic gardens, perfect for relaxing, lazy or active holidays.
An ancient forest of pine and eucalyptus trees separates the resort from the beach, which is only a five-minute stroll from the resort. The enchanting forest will also offer additional activities such as an archery range and a relaxation area where hours can be whiled away relaxing on hammocks whilst listening to nothing but the soothing sound of wind and waves. The stunning beach will offer an additional beach club as well as a sailing centre for those looking for more adventure or action.
Pizzo Beach Club is bordered by a popular and always busy Club Med resort. In peak season the Club Med site has to turn down holidaymakers, which gives scope for strong rental income for Pizzo Beach Club owners. Expected rental yield is ten to 15 per cent and the resort is scheduled for completion December 2009.
Prices start at €74,500 for apartments and €261,500 for villas. Call UK Freephone 0800 036 0068 or visit gem-estates.com.