Luxury Real Estate Headlines: Third Week in June 2017

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

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$49,500,000 USD | McLean, Virginia | TTR Sotheby’s International Realty

“Located on the banks of the Potomac River, the 7 acre estate is about 8 miles from downtown Washington. Its Georgian-style house measures about 23,000 square feet with nine bedrooms”

AOL’s Steve Case Lists Historic Merrywood Estate for $49.5 Million – Wall Street Journal

A Seaside Nantucket Compound Moonlights as the Perfect Summer Getaway – Mansion Global

Five Homes for Tree Lovers – Financial Times

8 of the Most Expensive Properties for Sale in Bermuda – Boat International

Homes Where You Can While Away the Hours – Wall Street Journal

A Penthouse on Lake Como with a Musical History – Mansion Global

NYC’s Delightful ‘Pumpkin House’ is Back for $4.25M – Curbed

For Sale: 6 Stunning Single-Story Homes – The Week

18 of the Oldest Homes in America for Sale – Architectural Digest

A New York Townhouse, Typewriter Included – Wall Street Journal

House Hunting in… Luxembourg – The New York Times

A Home for Literature in Prague – Financial Times

Milan’s Brera Neighborhood is Artsy Cool – and Upmarket, Too – Mansion Global

The Art of Living With and Within Art – T Brand Studio

10 Vineyard Homes You Can Actually Move Into – Elle Decor

Andy Warhol’s First Self-Portrait is on the Auction Block – Architectural Digest

Architectural Spotlight | Thoroughly Modern Homes

Modern homes are the tangible results of imagination and perseverance; their masterfully executed design highlights the use of minimalism, striking angles, open layouts and spaces that seamlessly fuse indoor and outdoor spaces. Join us as we walk along the bleeding edge of architectural design and explore four modern homes from around the world.

Luxembourg4.000.000 € EUR | Luxembourg | Luxembourg Sotheby’s International Realty

This exclusive loft-style apartment enjoys a unique architectural style and design. Distributed over four open levels, the surface features high ceilings and oversized windows which welcomes ample sunlight and seamlessly blends indoor and outdoor spaces. The east-facing terrace offers a breathtaking view over the preserved environment next to the Grünewald forest and its protected, three-century-old-trees.

Canada1 800 000 $ CAD | Toronto, Ontario | Sotheby’s International Realty Canada

This luxury penthouse from the Thompson Residences Collection is located in the heart of King West and comprises a two-story one-bedroom apartment complete with study and revealing floor-to-ceiling windows showcasing unobstructed views of the city skyline. Bathed in natural light and outfitted with high end finishes, this home also includes an integrated entertainment system.

Explore modern luxury homes around the world on sothebysrealty.com

Colorado$7,100,000 USD | Telluride, Colorado | Telluride Sotheby’s International Realty

Truly spectacular in every way, this masterpiece of contemporary design speaks volumes with its architectural brilliance and unsurpassed craftsmanship. Every room is bathed in natural light, creating a seamless transition from indoor living to outdoor experience and the open layout offers a tremendous amount of space throughout the living areas.

Mallorca8.500.000 € EUR | Bendinat, Mallorca | Mallorca Sotheby’s International Realty

This villa is located in the highest part of the Bendinat Golf residential complex, and boasts beautiful panoramic views of the sea, golf course and Bendinat Castle. The villa has been constructed with the highest quality materials, and its design is a mixture of modern and Mediterranean styles.

From Georgian Colonials to Castles, discover previous installments of Architectural Spotlight

Europe | Small Countries, Great Properties

Comprising approximately 50 countries, Europe is a continent that enjoys a cornucopia of flavorful heritage, culture and size. Home to countries as large as Russia and as small as Vatican City, let’s explore some of the countries that are diminutive in dimension, but suffer no shortage in what they have to offer!

Switzerland

SwitzerlandCHF 6’900’000 CHF | Montreux, Switzerland | Cardis Immobilier Sotheby’s International Realty

Founded in 1291, the Swiss Confederation is the result of a process of rapprochement between the different cantons, separated from one another by their languages and their religions, respectively Catholic and Protestant.

Switzerland has always been the Eldorado of world leaders. This little country offers its residents an unparalleled quality of life, thanks to, among other things, its strong Swiss franc, its stability and its socio-economic security.   Surrounded by mountains, with some of the most popular ski resorts, Switzerland boasts luxuriant countryside made up of parks, forests, lakes and breathtaking vistas.

Ideally served for worldwide travel, the country has two international airports, located in Geneva and Zurich.   Basel, Bern and Lausanne also add their dynamism to the nation, which can boast of being open to culture, thanks to the famous ‘Art Basel’, among other events.   Education is also a strong point, with many private schools and well-known universities situated in all parts of the country.

Luxembourg

LuxembourgPrice Upon Request | Bridel, Luxembourg | Luxembourg Sotheby’s International Realty

The Grand Duchy has won praise as one of the top ranking countries in the world in terms of quality of life, healthcare and education. Its advantageous fiscal system attracts corporations and individuals alike.

Classified as a Unesco World Heritage Site, the capital in an all-encompassing and captivating experience. The sought after residential areas such as Belair, Limpertsberg, Petrusse and Merl are home to fast-paced environments within walking distance to restaurants, shops and galleries. One can find here a variety of architectural styles from Belle Époque Villas to contemporary town houses, modern homes and historic loft conversions. Consistent economic growth and a stable political environment make Luxembourg a natural destination for a sound real estate investment. A harmonious melting pot of over 150 nationalities make Luxembourg a small country that considers itself home to the world.

Malta

Malta2.600.000 € EUR | Kappara, Malta | Malta Sotheby’s International Realty

Despite being among the smallest Mediterranean islands, Malta’s strategic location in the heart of the Mediterranean captured the attention of numerous powerful rulers and kingdoms throughout the ages and brought them to its shores. All the traditions, beliefs and legacies left behind by each of these rulers donned Malta its unique character and made the island the cultural melting pot that it is today.

Malta’s eventful story is characterized by international trade, significant sieges, wars and a population that adapted itself to the moving times. Today Malta is an island with a remarkable heritage and much to look forward to against the Mediterranean backdrop of year round sun and warmth. Now independent with a thriving service-based economy, it continues to attract foreigners due to its attractive lifestyle offering, particularly as it becomes increasingly diverse and economically advanced. In August 2015, Malta relaunched its citizenship scheme – the Individual Investor Program (IIP), which saw considerable investment placed into the country by wealthy third country nationals.

Principality of Monaco

Monaco7.200.000 € EUR | Monaco | C.I.C. Immobilier Monte-Carlo Sotheby’s International Realty

The Principality of Monaco’s location on the French Riviera, its Casino, high society and exceptional events make it the ideal destination for a romantic stay or for a lifetime residence.

Monaco’s economy is dynamic and future-oriented. An independent state in the heart of Europe, Monaco offers to investors and entrepreneurs an exceptional, secure infrastructure combined with advantages of an attractive fiscal system.

The Principality enjoys very mild winters and remarkably sunny summers with close proximity to Southern Alps ski slopes and all main European capitals. The infrastructure allows the many local financial institutions to respond to the demands of international clientele. The Principality of Monaco is one of the safest places on Earth with one police officer for every 100 residents and 24-hour video surveillance. The Principality of Monaco police department is amongst the most modern and efficient in Europe.

Principality of Andorra

 

1.200.000 € EUR | Canillo, Andorra | Andorra Sotheby’s International Realty

The Principality of Andorra is one of the most alluring destinations in the world for those looking to buy a home.

Famous for its more than 300 kilometers of ski slopes, the country also offers incredible scenery and views that magically change with the seasons. Its privacy and high quality of life place it as one of the safest countries in the world. Andorra remains a quiet country without losing the flashes of modernity of the best European cities.

The new and modern legal and fiscal framework makes it interesting for companies as well as for private individuals, especially High Net-Worth Individuals and those internationally renowned in sports, culture or science.

The luxury real estate market offers a huge variety of homes; from rustic countryside chalets to modern city penthouse living all in a price range which is highly competitive with any other place around the world, Andorra is undoubtedly the jewel in the Pyrenees, one of the smallest countries in Europe and the World, but full of great opportunities!

Andorra_SocialMediaThis guest blog was provided by Andorra Sotheby’s International with the help of Cardis Sotheby’s International Realty, Luxembourg Sotheby’s International Realty, Malta Sotheby’s International Realty and C.I.C. Immobilier Monte-Carlo Sotheby’s International Realty

Luxembourg | Welcoming, Vibrant & Sophisticated

A founding member of the European Union, the Grand Duchy has won praise as one of the top ranking countries in the world in terms of quality of life, healthcare and education. Its advantageous fiscal system attracts corporations and individuals alike.

Classified as a Unesco World Heritage Site, the capital captures and captivates the hearts and souls of all who visit. The sought after residential areas such as Belair, Limpertsberg, Petrusse and Merl are within walking distance to restaurants, shops and galleries. One can find here a variety of architectural styles from Belle Époque Villas to contemporary town houses and historic Loft conversions.

Consistent economic growth and a stable political environment make Luxembourg a natural destination for a sound real estate investment. A harmonious melting pot of over 150 nationalities make Luxembourg a small country that is home to the world.

lux-1Price upon request | Luxembourg- Pétrusse | Luxembourg Sotheby’s International Realty

The perfect balance between the Latin and Germanic culture of the country is highlighted by several architectural masterpieces. These properties are enhanced by tasteful finishes that highlight their historic charm while showcasing breathtaking city views.

lux-21 163 370 € | Luxembourg city-center | Luxembourg Sotheby’s International Realty

A wonder of architectural genius, this fully restored former Dominican abbey offers outstanding views over the entire old quarter thanks to its lofty position on what is known as Europe’s most beautiful balcony. Today, this architectural jewel is about to enjoy a new lease on life: The Cloister of Saint Francis is to become a residence with prestigious modular living units.

lux-3€ 5 350 000 | Luxembourg-Belair | Luxembourg Sotheby’s International Realty

For a modern taste of cosmopolitan life, the quarters of Merl, Belair and Limpertsberg are a fast-paced environment within walking distance to downtown amenities and the Kirchberg Business Center, a compromise between dynamic workplaces and leisure. The villages surrounding the Kirchberg area are pleasant residential spaces close to nature and are a joy to discover.

lux-4€ 3 950 000 | Bech, Luxembourg | Luxembourg Sotheby’s International Realty

Further to the East, closer to the German border, the Moselle region is well known for its vineyards and offers open views overlooking the valley. Properties there enjoy the prestige associated with the authenticity of Luxembourg countryside.

Luxembourg_FacebookMany thanks to Luxembourg Sotheby’s International Realty for supplying this market spotlight. Click here to view all of Luxembourg Sotheby’s International Realty’s Listings.

New and Notable Luxury Properties for Sale | May 2015

From a world-renowned California ranch to an exclusive private island in the British Virgin Islands, this month’s collection of exceptional properties for sale feature homes from some of the world’s finest locales.

California$100,000,000 USD | California, USA | Sotheby’s International Realty – Montecito – Coast Village Road Brokerage

Sycamore Valley Ranch is the ultimate ranch retreat and gated estate of approx. 2,698 acres located 5 miles north of the town of Los Olivos. Published in The Wall Street Journal, the home was designed by Robert Altevers for William Bone in a French Normandy-style and meticulously crafted to perfection. Nestled between extensively landscaped gardens and a four-acre lake complete with a waterfall, the home offers incredible pastoral and majestic mountain views. The ranch features 22 unique structures, including three separate guest homes, an approx. 5,500-sq.ft. movie theater with stage, and several barns.

FrancePrice Upon Request | Cannes, France | Côte d’Azur Sotheby’s International Realty

Situated in one the most sought after buildings of the Croisette, this magnificent and private apartment features a roof top terrace offering one of the most captivating views over the bay. This extraordinary waterfront apartment is a blend of both contemporary and classical design.

LuxembourgPrice Upon Request | Luxembourg | Luxembourg Sotheby’s International Realty

Built in the early 1900’s and located in one of the most prestigious residential neighborhoods of Luxembourg City, this historic Castle is nestled in the middle of over 7 acres and is one of the largest and most private parcels of land in the capital. The principal rooms are adorned with rich wood paneling, marble fireplaces and crown moldings making them ideal for elegant entertaining.

BigScrubPrice Upon Request | Big Scrub Island, British Virgin Islands | British Virgin Islands Sotheby’s International Realty

Luxurious living alongside a world-class resort & marina, Scrub Island is a true private island oasis with 170 acres of blank canvas. Big Scrub is connected to Little Scrub by an isthmus and the relatively small Little Scrub has amenities such as restaurants, bars, gourmet markets, beaches, a health club and various water sport activities available. Its central location offers close proximity to the airport but more importantly to various hidden treasures, all just a short boat ride away.

View Newly Listed Luxury Properties for Sale >

Sotheby’s International Realty Brand Enters Luxembourg

Luxembourg_photo_WikiSotheby’s International Realty Affiliates LLC today announced that Luxembourg Real Estate Partners S.A has joined its network and now will do business as Luxembourg Sotheby’s International Realty.

The firm, which is managed by Philippe Vermast, serves the high-end real estate market in Luxembourg and surrounding towns. The Sotheby’s International Realty® network now has approximately 150 offices across Europe, Middle East and Africa with the addition of Luxembourg Sotheby’s International Realty.

“Our expansion into Luxembourg strengthens our presence across Europe and continues our commitment to providing access to the Sotheby’s International Realty network’s exclusive real estate services in key markets around the world,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “Luxembourg is the seat of several institutions and agencies of the European Union and ithas a rich history and heritage.  We are proud to be able to represent the fine real estate found throughout the country.”

According to Vermast, the Sotheby’s International Realty brand has the reach and recognition needed to serve a market that consists of a large percentage of foreign residents.  “People are moving to Luxembourg from all parts of the world to take advantage of its high quality of life, strong education and employment, as well as its many financial advantages,” he said. “We have many years of local real estate experience and can communicate in multiple languages. Our rich cultural heritage and sense of constant innovation are the main reasons for the broad choice of architectural styles found here, which range from classical townhomes to contemporary family residences. For a small country, we have a lot to offer and people from all over the globe are realizing it.”

The Sotheby’s International Realty network currently has more than 15,000 independent sales associates located in approximately 700 offices in 54 countries and territories worldwide. Luxembourg Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global website.  In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.  Each office is independently owned and operated.

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