Highligths - Marbella Luxury Real Estate Magazine

H I G H L I G H T S S H O W C A S I N G T H E F I N E S T P R O P E R T I E S O N T H E C O S TA D E L S O L

Homes that inspire beautiful lifestyles

Avda. Cánovas del Castillo 4

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Te l : + 3 4 9 5 2 7 6 5 1 3 8

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1st. Floor, Office 3

Fax:+34 952 771 871

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29601 Marbella

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Málaga, Spain

email: info@dmproperties.com

w w w . d m p r o p e r t i e s . c o m

Dear reader, We would like to welcome you to Highlights,

With

Properties, a company that is the synthesis

Estate, Leading Real Estate Companies of

the property and lifestyle publication of DM of 35 years of experience in the Marbella and international luxury real estate markets.

Founded by Diana Morales, DM Properties

is a firm that has built a respected name for itself. A family business now led by the

second generation, it continues to stand for

exclusive

affiliations

to

such

organisations as Christie’s International Real the World, Luxury Portfolio International

and the Leading Property Agents of Spain, as well as being a founding member of the European

Real

Estate

Network

(EREN),

we are also very much a company with an international reach and focus.

quality, integrity and professionalism whilst

In

it brings.

represented on these pages. We hope you

also embracing the future and the changes

Our strength is the dedication we offer,

undiluted by volume, which is why we like to think of ourselves as a specialist boutique

agency that is both local and international.

We hope Highlights reflects that, illustrating

our own detailed knowledge of Marbella and its property market, and indeed our love

of its privileged lifestyle and cosmopolitan, can-do spirit.

This is why you will not only find a sample of

some of this region’s finest properties, be they

penthouse, modern villa or country estate,

but also a hint of what it is like to live and

an

increasingly

international

market

place this is an important asset that is also

enjoy our latest offering and feel as inspired

by our hometown as we do. Please note that

the properties presented here are just a sample – our website contains a comprehensive listing of luxury real estate both in Marbella and abroad – and that we are more than

happy to answer any questions you may have about property, investing and living in Marbella.

Pia Arrieta

Pia Arrieta

spend time here, for as beautiful as Marbella’s properties are it is the quality of life that really

enchants. The latter is especially palpable now

that we are coming out of the recession and there is a renewed sense of vigour here.

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P r o p e r t i e s

Editor and writer Michel Cruz

Marbella luxury is about exquisite homes, firstclass services and a glamorous social scene,

Design and Production

but also about that wonderful confluence of sun, seascapes and private moments that are at the heart of this region’s compelling charm.

info@manifestodesign.com

See our feature on page 16.

(+34) 952 880 923 Art director Chris Fajardo Production JACQUELINE STONE, MarĂ­a del Mar Poza Contributors Pia Arrieta, Diana Morales, Ricardo Bocanegra Images Shutterstock, Wayne Chasan, KEVIN HORN, STEVE SPARROW, Exmo Ayuntamiento de Marbella

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cont

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DM Properties – Marbella’s luxury real estate specialist

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International networks

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Marbella Property Market Report

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On the water’s edge

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Beach side vs Old town

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Style trends in Marbella real estate

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Modern with a difference

39

DOM3 – promoting luxury excellence

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Marbella sporting destination

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Villa estate in the foothills above Marbella

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Hurtan – a Spanish classic from Granada

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Golden Residence for Investors

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International properties

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Made for the ultimate lifestyle

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Marbella properties

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Properties Marbella’s luxury real estate specialist For over 25 years now DM Properties has been a trusted and respected name in Marbella real estate. As the company evolves with the times this is one thing we work hard to maintain.

O

riginally founded by Argentineanborn Diana Morales, who has lived

in Marbella for over 35 years, DM

Properties has become somewhat of an institution within its property market.

This high regard is not because it is the

biggest, most aggressive or flashiest agency on this coast but exactly because

it is serious about what it does, works to a philosophy of professionalism and integrity, and is small enough to offer its clients personal service and discretion.

These are the foundations of the

success not so much in terms of size, turnover or market share but

stones of its success. We measure that

relationship with our clients and the feeling that we’re doing things

company

and

also

the

building

in our longevity, the respect we have come to earn, the longstanding properly. More than just selling properties here we believe in Marbella,

love living here and feel passionate about its beauty, lifestyle and people.

This is not to say that we are not effective, efficient and commercially

successful, far from it. Any business that has been through three

recessions and is standing strong can be considered to be a success, and the decision to shun expansive quantity for focused quality is because

we regard ourselves as a boutique agency. How else can you be a luxury real estate specialist? Certainly not by providing such a service in an impersonal, conveyor-belt way.

A serious company with a personal face We pride ourselves on our effectiveness to vendor and buyer alike,

and work closely with agents both locally and abroad, building on a team that has all the skill ingredients we need to offer a first-class Diana Morales

6

service.

Over the years Diana has built up a team of professionals that is

marked by its long service to the company. It is a measure of a mutual loyalty, because people appreciate that once you have something good it’s worth holding on to.

Our relationship with many of our clients endures long after a sale has been concluded, and when they, often years later, ask us to sell

their property and look for something new they are gratified to see

familiar faces and be greeted with an efficient but friendly atmosphere.

We believe ours is a serious business with a personal face and we act accordingly, producing some of the most highly regarded marketing material, product information and market reports in the region.

Our strong presence on the internet and a highly honed website

that offers a wealth of easy-to-navigate information are the product

of many years of involvement online and constant assessment and improvement. Having been quick to appreciate the value of new

trends such as the internet, and having built up a solid and well-

respected company, Diana handed the reigns of DM Properties to her daughter, Pia Arrieta, whose many years of involvement in the business combines with the insights of a new generation.

Core values in a modern age Pia is building on the impressive foundations created by Diana,

preserving the company’s core philosophy whilst taking it firmly into

the 21st century. Besides the internet we are also active in social media,

but as with everything we do we always wish it to be done well, in the

sense that is has to be both tasteful and effective. Those last two points define the way we work, for a modern business has to be efficient,

competitive and effective, but in our view never at the expense of integrity, quality and service.

Blending the best of these elements is what we strive for every day as we evolve along with the world around us and take great joy in a

Pia Arrieta

Marbella – and indeed Spain – that is

emerging from the crisis that wrought

so much havoc across different parts of the world. Thanks to Marbella’s

enduring appeal it can look towards a promising future, and though we

know this cosmopolitan town is subject to new tastes and trends, and that the

luxury market is becoming ever more internationalised, we are passionate about promoting and nurturing that

which makes this such a fantastic place to live and work in.

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Properties

INTERNATIONAL NETWORKS

The strength of DM Properties’ international alliances makes it a local boutique agency rooted in Marbella but with international reach.

O

ver the years, DM Properties has built up a reputation

Not only are we longstanding affiliates of such organisations as

real estate in and around Marbella. It is a position that

Leading Real Estate Companies of the World, LPA (Leading Property

as one of the most highly respected specialists in luxury results not from intensive marketing, but earned from a longstanding dedication to service, integrity and specialist

know-how of the luxury property market of the Costa del Sol.

And yet, DM Properties is far more than a Marbella agent alone. We have been associated for many years now with the leading international networks that bring

together the most prestigious real estate professionals from around Europe and the world. Our aim is to work not in isolation but to forge important international links and collaborations that offer Marbella properties to an

international clientele as well as sourcing worldwide properties for people based in this area.

A global market In an increasingly global market this is more important

than ever, as our client base has always been highly international but now can come from across western and eastern Europe, Russia, Asia and the Americas. Thanks to longstanding ties with colleagues the world over, DM

Properties can call itself a truly international Marbella luxury property specialist capable of reaching far beyond the geographical confines of our specialist area.

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Christie’s International Real Estate, Luxury Portfolio International,

Agents of Spain) and DOM3 (the association of businesses for high quality housing in Marbella), but we are in many cases also their official – i.e. the only – representatives in this region.

In addition, DM Properties is a founding member of EREN (The European Real Estate Network), an organisation that brings together

regional and national leaders in top segment real estate from across Europe. DM Properties makes these commitments to collaborate with its international peers so that it can offer clients not only the finest

properties in Marbella, but also a truly comprehensive selection of luxury properties from around the world.

The trust and efficient cooperation we enjoy with our overseas partners wasn’t built up overnight, and it enables us to provide a truly

international service and allows our clients to have full confidence

when instructing us to place their properties on the market or help them find the home they have been searching for.

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Marbella Real Estate Market Report 2014

I Buyers realise that prices are stabilising and could be poised to start the slow upward movement that will confirm the beginning of a new growth phase.

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N presenting the latest edition of our market report I would like to say that everything is resolved and Spain’s problems are behind it. Unfortunately this is not entirely the case, but while Spain still has some way to go towards complete recovery in Marbella at least we are now experiencing a significant revival in the vitally important real estate sector.

Tourism, which has been growing keenly since 2011, enjoyed a peak first half

year in 2014. Last year the real estate market also saw strong growth in the mid to top segments that has continued to gather pace into 2014. It points to a sustained

groundswell of demand amid attractive prices and the enduring appeal of Marbella.

The property market of Marbella has long since bottomed out as buyers realise that prices are stabilising and could be poised to start the slow upward movement that

will confirm the beginning of a new growth phase. May it be gentle, gradual and built on solid foundations.

Infuriating behaviour

The infuriating thing about the recent recession – besides the recession itself, of course – is the fact that its ups and downs for a long time charted like the heart rate of a patient with ventricular fibrillation. In other words: erratically. Just when we thought we were on the early slopes of recovery in 2011 and the worst was behind us, new uncertainties set in within the euro zone, plunging tentatively recuperating countries back into recession.

What we’re referring to here is essentially the ‘euro crisis’, which caused such uncertainty and anxiety during large parts of 2011 and 2012. Looking back at our market reports of 2010 and 2011, we believe we were on the whole reasonably sensible with our analyses and forecasts. The famous crystal ball eludes us, as it does everyone, but certainly quality real estate in particular and the luxury market in general, have shown good resilience in recent years.

What we said in our previous market reports is still applicable, only more so, namely that while the overall economic and real estate prognosis for Spain points to a gradual recovery, the micro-economy of Marbella is already responding to a strong reawakening of demand for its intrinsic location and lifestyle – as expressed through tourist visits and property sales. Marbella has a certain competitive advantage, and as a result many property agents have been reporting a significant upturn in sales.

The market’s indicators in 2014

This gathering of pace in property sales in the Marbella area is the most direct indicator of the health of the local real estate sector, but other telltale signs are important too. We thought we had reached the lowest point in 2011, but the intervening euro crisis of

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that year delayed the first signs of recovery that showed themselves in 2012. The rate of progress was therefore slowed down, agonisingly so for some, but steady. Is this a bad thing? Perhaps not. After all, the slower the growth the more solid are its foundations, so while some may speak of there having been ‘lost time’ in the process of recovery we can also say that Marbella has emerged from it very well.

Among the most desirable Marbella properties and locations there no longer is a sense of falling values, and while those opportunistic buyers that harboured unrealistic expectations have largely given up their attempts at discount shopping, agents also began to report a greater willingness among sellers to likewise drop unrealistic aspirations and comply with actual market values. The result was a narrowing gap

between prices offered and offers made, and this greater correlation between supply and demand in itself has facilitated transactions and shortened sales cycles. By 2013 demand for Marbella’s mid to high-end real estate therefore reached a point where it began to stabilise the market and provide the conditions for future growth.

Financial stability

So what about the other indicators and related factors? The first thing we noticed when comparing the beginning of 2013 with that of 2012 was the absence of a sense of foreboding – and this stability solidified further in 2014.

The Sword of Damocles that hung above our heads in the form of unsettling uncertainty about the future of the euro had a negative effect on economic growth and investment, thus feeding the already gluttonous beast of recession – but it has lifted. In the second half

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Marbella Real Estate Market Report 2014

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of 2012, and again in 2014, the ECB quietly regained control of the situation, and now we find ourselves in calmer waters.

The breakthrough may well have come from the greater balance of power exerted within the EU by François Hollande and Mario Draghi, who managed to persuade Germany to overcome some of its worst fears about the printing of money and pave the way for greater stability within the euro zone through the increased powers of institutions such as the ECB, the European Financial Stabilisation Mechanism and the impending banking union. A safety net providing loans underwritten by the EU, the EFSM is designed to support not just smaller EU members in financial difficulty but larger ones too.

Using its AAA rating, the EFSM draws on the strength of its healthier members to obtain financing at the kind of manageable interest rates countries such as Spain, Portugal, Greece, Italy and Ireland simply couldn’t obtain. A further step was the announcement that the ECB would buy up ‘unlimited’ quantities of sovereign bonds from its financially beleaguered members, one step short of the quantitative easing (money printing) exercised by the US and UK. Germany, however, will continue to insist upon the need for economic restructuring and the cutting of public sector deficits, but the above steps have helped to stabilise the euro.

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A strong pound currently gives British buyers of real estate in Marbella increased buying power, combined with attractive property prices and low interest rates. Perhaps more important on a macro-scale is the greater stability within a euro zone that is by no means out of the woods yet, as shown by the latest lacklustre economic performance, but now finds itself more strongly underpinned.

The banking union, which will place the banks under central ECB control, is the latest in the measures designed to have this effect.

Banks, loans, interest rates…

The result is that Spain can borrow at more reasonable interest rates, derives a greater sense of security from the EFSM and that its banks have been strengthened by a process of recapitalisation and the incorporation of weaker banks into the more solid ones.

Though the Spanish banking sector is still recovering, it does count some of the healthiest international banks among its members, notably Banco Santander but also BBVA and Banco Sabadell. More challenges lie ahead, but fears of financial instability have at least abated, providing the confidence for new investment and money flows.

The question ‘are the banks ready to lend?’ depends mostly on what the loan would be for. It remains very hard to step into a bank and ask for a 70 or 80% mortgage as before, but apart from up to 100% financing on their own bank-held stock, the country’s

financial institutions are also beginning to provide mortgages of up to 85% on specially negotiated developments. The selection process is far more rigorous than before and the terms and conditions may not always be as attractive, but at least the mechanism is beginning to work again – albeit only in areas with proven market appeal. In this selfselecting market Marbella ranks highly since developers, agents and investors can refer to actual and indeed increasing demand and sales when negotiating loan agreements.

The relative stability of the banks has, as expected, resulted not in a sudden flood of bank-repossessed properties but in a steady flow of properties and projects within their portfolio. In this mass segment prices have continued to drop, bringing them to the point where they have garnered serious interest.

Who is buying what – and where

Having mentioned that financing is beginning to make a reappearance it is also important to say that, on balance, the market continues to favour those with independent financial means. In essence it is still a buyers’ market, with choice, negotiating power and to a diminishing extent, time still on the side of the homebuyer and/or investor. As long as the property and location are attractive and the price is sensible there is certainly strong demand, this in stark contrast with the overall picture at the beginning of the recession.

At DM Properties the past three years have been strong, driven by continued demand for the finer quality properties in the better and most consolidated locations and for those properties perceived as a good opportunity.

Although a lot of deals originally fell through because buyer and seller couldn’t agree on price, there was a feeling that buyers were beginning to realise that the tide may be slowly turning and that if they were really interested in a property, the offer should be sensible enough to open a negotiation with the seller. Just recently we have also begun to see a sense of urgency when people really like a property, and there has even been some competition between prospective buyers for those properties whose quality and location make them hard to substitute. In this regard there is even a shortage of prime real estate in

top seaside positions, where properties sold are not easily replaced by new ones coming on to the market.

This sentiment is also expressed in the latest, most reputable global market surveys, which report on signs of strength in many luxury markets around the world. Naturally Russian and Chinese buyers feature prominently in this, but South Americans are also increasingly noticeable, and while the initial focus is on places such as New York, Paris and London, they soon widen their perspectives to include other cities, ski and coastal resort destinations too. Other trends remarked upon are a tendency towards smaller, less showy properties in which quality, security and convenience are priorities.

None of this is bad news for Marbella, and indeed, British buyers are already back in force, though by no means in the numbers seen during the credit-fuelled boom. The Dutch market has been pretty consistent, while the German market remains surprisingly weak, but over the past two years demand from Belgian and French buyers has risen significantly and is complemented by high-end enquiries from the Middle East. It is, however, the Scandinavian buyers that dominate the mid to high-end of the market, with wealthy Russians continuing their love affair with the upper segments of Marbella’s luxury market.

The latter prefer La Zagaleta for its space, privacy and security, not to mention its exclusivity and status appeal, but also look for villas in Sierra Blanca, Nueva Andalucía, Guadalmina and Los Monteros, and luxurious penthouses with sea views. Scandinavians, like many other Northern Europeans, opt for luxury apartments and villas in areas such as Elviria, Nueva Andalucía, La Quinta and along the Ronda Road. Middle Eastern buyers like apartments around Puerto Banús. Classic zones such as the Golden Mile, Sierra Blanca Los Monteros and Guadalmina, now largely consolidated, continue to appeal in general terms, as luxury buyers come back in and shun the newer, less developed areas for the time being.

We have also seen growing interest from some local owners of large villas in the outskirts who

want to downsize or move closer to town and services.

What can you get for your money in 2014?

At DM Properties our portfolio starts at around 200,000€. Between 200,000 to 300,000€ will buy you a 2-bedroom apartment in a well located complex in Marbella’s Golden Mile, or something a little bigger just outside this area.

For a 3-bedroom apartment or town­ house you‘ll be starting at around 250,000€ in areas such as Nueva Andalusia, La Quinta, San Pedro/Guadalmina and into the munici­pality of Estepona.

Detached villas in the lower to mid end of the market start at around 500,000€ to about 1,2 million, and then you begin to hit the upper end of the market. Entry price level for the so-called important properties will vary depending on the area and quality.

As a general indication we can say that in the Marbella area 370,000€ for a 2 bedroom penthouse and 1,5 million euros for a villa should buy something very nice to say the least.

These prices are relative to the size of the apartment or villa, and in the case of the latter it depends mainly on the size of the land. We may have a luxury apartment with 2 bedrooms, 2 bathrooms, garage, large terraces and top class facilities in one of the new upmarket developments at 700,000€ or a well-sized contemporary luxury villa in a new golf development for just over 1 million euros. It may be interesting to note that luxury apartments and penthouses in

first class developments are by comparison more expensive than some luxury villas. Our company recently sold a penthouse in an upmarket, beachfront development in a prime location for 3,7 million euros which would be comparable to an 800 square meter villa on a 2000 square meter plot in one the most sought-after locations such as Sierra Blanca.

Price Categories Mass market apartments 50.000€ – 200.000€

Medium range apartments and townhouses 200.000€ – 400.000€

Luxury apartments and detached villas 400.000 € – 1.000.000€

High end / Luxury villas

1.000.000 € – 5.000.000€

Luxury segment

from 5.000.000€

Source: DMP

Trends

In general terms there are no new insights as regards location, because the age-old preference for top locations remains as strong as ever, be this prime beachfront, frontline golf or further inland commanding spectacular views. A new trend that is highly discernible is the increasing preference for ‘modern’ homes, in the sense of properties featuring modern technology, build quality and amenities, but also modern styling. Compared with the 1990s and much of the 2000s, therefore, the trend is clearly away from contemporary rustic to modern.

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Marbella Real Estate Market Report 2014

completed before or during the financial crisis. These early signs of a resumption of construction activity, albeit on a smallish scale, are the most sincere and impartial indication of what we have been saying all along – namely that Marbella represents a ‘product’ with intrinsic desirability for which there is resilient demand. This demand has remained more or less constant in the top end of the market and is already beginning to revive further down the price segments, so thanks to greater financial stability and a Spanish national economy expected to grow by almost 2% this year this part of the country is taking the lead towards full recovery.

Conclusion DM3221 - BED: 6 / BATH: 6 / PRICE: 3.950.000€

This has been translated into a new architectural language that delights architects and produces sleek, whitewashed villas full of glass, chrome and squeakily tight interiors, pools and cabana bars. Naturally they offer the latest in ‘must-haves’ such as glass bodegas, minimalist kitchens, gyms, indoor spas and entertainment areas, though the home cinema is making something of a retreat and some of the exterior styling is reminiscent of the avant-garde villas built here in the 1960s. The result is a slow, gradual transformation of Marbella and updating of her housing stock.

A trend that brings all of this together is the growing market for renovated villas, itself the product of the limited land and lack of available plots in the best residential zones and locations. Where older and outdated properties are actually worth the value of the prime land they stand on, it makes good sense to replace the home with something newer, sleeker and highly saleable. The result has been a thriving – and growing – sector dedicated especially to the sourcing of suitable spots and transformation of the existing properties into modern luxury villas built to the latest standards.

If such properties tap into the zeitgeist and are also the result of limited land in the most desirable locations, they are still part of the

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high-value, low-scale villa construction that has continued more or less uninterrupted since the start of the recession. Larger scale development is dependent on two things: a sufficient swell of demand within the middle segment and the availability of development land at reasonable rates. You might think that savvy, cash-rich investors would be snapping up whole tracts ready for the moment largerscale demand returns, but on the whole those who hold the land are in no hurry to sell cheap and are, in fact, doing the land banking themselves.

Here and there sections have become available, though, and together with muchreduced construction costs are enabling small-scale developers to build modern medium-sized luxury villas and in so doing plug a gaping hole in Marbella’s housing market. They assure us that this is merely an interlude, as once sufficient demand returns for larger development to take place again the laws of bean-countery, if not lowest common denominator marketing, will push the choice of property type straight, back to the outer poles of apartment complexes and large villas1.

As if to underline the above, the cranes which for so long stood silent have slowly begun to move again, as Taylor Wimpey and others begin to run out of stock

In an increasingly global luxury real estate market Marbella is increasingly well connected, with the new runway and airport terminal not only serving more visitors and destinations from established sources but also providing new direct links with the likes of Moscow and New York. Pretty soon we’ll be seeing similar route extensions to South America and Asia, an ease of accessibility that will open up new and largely unexplored markets. They will find a beautiful, green2, well-facilitated and safe area full of glamour, professional services and international linkages to which high-speed rail links and international college faculties can only add further value.

The international market is more important than ever in the luxury real estate sector. It is an importance that DM Properties has always recognised and therefore has maintained an active presence in leading international networks such as Christie’s International Real Estate, European Real Estate Network, Luxury Portfolio and now, by invitation, also Dom3. The latter is a Spanish collective of companies specialising in luxury real estate that acts to promote the efficacy and competitiveness of its members and the sustainability of the sector in general – and as a result contribute to enhance the value of the Marbella’s trademark as a quality destination – for it is only by measuring ourselves against the most efficient, professional and effective in the international market that we can truly succeed.

Addendum New legislation and proposals

The end of 2012 also saw the end of a range of measures designed to stimulate property sales in Spain. Stimuli such as reduced IVA on properties bought within the designated period certainly didn’t do sales any harm, but it seems they were always supporting elements ranking well behind main considerations such as price, financing and overall financial stability.

While 2012’s particular stimulus package is now no longer valid, it has been replaced with new measures designed to have the same effect whilst costing the government less in lost revenue. The granting of residency to non-EU citizens buying properties of 500.000€ or over is a clear example of this, while investors will need to invest 2.000.000€ or more and pass medical insurance and criminal record checks. In addition to a huge amount of interest from countries such as Russia and non-EU parts of Eastern Europe, the measure can also make Spain increasingly appealing to buyers from China and others looking for a European pied-à-terre.

At first glance the law requiring older properties to undergo an energy efficiency rating, which has to be recorded as part of the background information when such a property is offered for sale or rent over 4 months, could be seen as costly and contrary to the interests of the real estate sector.

However, more than ever homebuyers are demanding high build standards and energy efficiency, so not only does the new measure bring Spain in line with other European countries, but good ratings can also be used as a selling point that gives individual homes an added edge.

While Spanish tax-related stimuli are, at least for now, a thing of the past, increasing taxes in other countries can also affect the local property market in positive ways. As in the case of France, where Mr. Hollande’s tax rises have produced an exodus of money and a concomitant rise in interest in Marbella real estate among French buyers and investors.

If other countries feel the need to follow the same route, ours is among the places that

will benefit directly from it. On a more local level, the PGOU appears to be operating well and achieving what it was designed to do, namely create a clear and stable blueprint for planning and development in the region.

Combined with other local improvements, such as the new airport, which is opening Marbella up to new markets, the tunnel by-pass of San Pedro and a series of new parks over the bypass, it has had a positive effect that overshadows the uncertainty about the Qatari-led Al-Thani port in Marbella. For now at least, much of the impetus has shifted from the eastside of Marbella’s waterfront to Guadalmina, Benahavís, Nueva Alcántara and other surrounding areas of San Pedro, which might just be one of the next growth spots in the region.

and large villas – the two property types that offer the greatest returns within the theoretical vacuum of a spreadsheet. This mass converging of supply that focuses on the largest market segment or most profitable product type is known as lowest common denominator marketing and not always successful, because it has a tendency to lead to oversupply.

2. A study conducted by the European Environmental Agency has shown that Marbella is the ‘greenest’ town in Spain and second greenest in all of Europe, with just 22,5% of its area covered in asphalt and other forms of construction.

Breakdown of Buyers

by Nationality (nationwide) Great Britain France Russia Germany Belgium Norway Italy Sweden Other nationalities

14,75% 11,45% 9,35% 7,25% 6,94% 5,87% 5,15% 3,64% 35,60%

Source: Professional Association of Property Registrars of Spain.

Property Sales (Marbella, Benahavis & Estepona) Year

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 (1st quarter)

Benahavis 353 412 650 633 438 559 422 311 593 553 139

Estepona 882 2.244 1.788 2.581 1.721 1.086 1.154 1.248 1.490 1.673 469

Marbella 4.779 4.047 4.432 3.568 2.116 2.199 2.389 2.259 2.519

3.115

890

Total 6.014 6.703 6.870 6.782 4.275 3.844 3.965 3.818 4.602

5.341

1.498

Source: Ministerio de Fomento (Ministry of Public Works and Transport) by year/municipality from 2004 to 2013

1. Basically, as soon as new development gathers sufficient momentum to become mainstream again, it is expected that the number crunchers will once again come to dominate the offer of new-built real estate and streamline it back down to apartments

Author: Michel Cruz, Writer and Editor.

With the contribution of Diana Morales – Founder DM Properties, Pia Arrieta – Chairman DM Properties, Roberto Quintana, Carlos Padilla, Gerardo Caballero, Filo Rioja, Liliana Martinez, Sveta Mazhehava and Maria del Mar Poza.

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L ife ’ s pleas u res on IN LOS MONTEROS

E

xquisite in every sense, from its location, style,

amenities and opulence down to an individuality born

out of a love of life – and how to savour it in style – this villa is much, much more than just a luxurious home within metres of the Mediterranean Sea.

Set in the exclusive, leafy seaside millionaire’s row

of Los Monteros, the home takes a prime seafront

location with open panoramic views to create a

private domain marked by style, taste and a lust for life. Though it has every luxury and amenity you

could wish for in a property of this standing, this is a villa that is never overtly boastful or ungainly.

Instead, its gentle proportions speak of a balance and symmetry that belie its size, effectively reducing volumes to create spaces full of intimacy, elegance

and richness of atmosphere. Rather than following

fads and trends the owner of the estate imbued this fine home with a personal sense of style and

16

the water ’ s edge

17

18

character that is geared towards enjoying the finer things in life.

A beachfront estate like no other Gently sprawling across a wide section of open beachfront, the estate straddles a stretch of highly private beach that

puts you within metres of the waters edge. Look straight ahead and the Mediterranean stretches out before you

all the way to the North African coastline, whose outlines come into focus on clear days. Alternatively follow the long gentle curvature of the coastline from here to Marbella en route to Gibraltar, the unmistakable Rock in the Sea at the point where two continents almost touch.

It is within this setting that this stunning property finds

itself. Nearby are sand dunes and coastal pine groves with protected status, all around the peaceful exclusivity of

Los Monteros, with its luxurious five-star resort hotel and

stylish beach club – and a great choice of golf courses, spa retreats, restaurants, cafes, shops, schools and marinas nearby. Puerto Banús and the centre of Marbella are

just minutes away, but here you are ensconced within a personal oasis of peace and serenity, ready to enjoy life to the full.

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That the creator of this home is a connoisseur is evident.

Not designed for the masses, it is a villa full of robust individuality and joyfulness that will appeal to those who

series of living environments each with its own charm and promise.

recognise their own joie de vivre in it. A Spanish-Tuscan

The Mediterranean ambience is enriched with touches of Balinese

in the USA, it uses beautifully crafted high quality natural

drop-edge swimming pool, fountains, ponds and a Xerophytic Zen

inspired property of the kind seen among the finer homes

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materials such as stone tiles, noble woods and matt marble to create a

serenity along the wide terrace that fronts the seaside. Here a beautiful

garden flanked by palm groves set the tone for days spent

From this picture-perfect seaside setting to the lush bedroom

offers a choice of lounging, relaxing and dining areas, as do

indoor pool, playful dining room and the impressive living

in the most inspiring of settings. The colonnaded terrace the thatch-covered outdoor dining and chill-out zones from

which to take in the stunning vistas in the most classic of ways.

suites, opulent bathrooms, the elegant kitchen, indulgent

areas, this is a house made for the sheer enjoyment of it – employing the finest materials and craftsmanship to create a temple that celebrates life to the full.

DM2555-01 BEDS: 7 BATHS: 6 PLOT: 2,700m2 built: 2,100m2 PRICE: O.A.

21

Old Town vs

Beach side When it comes to enjoying Marbella town, there is always the choice of its charming historic quarter versus the famous beachside promenade and modern shopping streets. Together they are two of the most important elements that make up the urban side of this luxurious resort town.

22

M

arbella is mostly known as one big resort area made up of beaches, marinas, resort hotels, golf courses and luxury residential areas, but it is also a large town. Right

at the heart of the resort areas that follow the coastline or stretch into the foothills of neighbouring mountain ranges is the once sleepy fishing village that has grown into a fine young adult of a town.

This urban centre forms the core of the greater area

usually associated with the name Marbella, a compact but very complete set of shopping avenues, leafy squares,

impressive parks, beachside entertainment areas and

apartment blocks that provide an architectural archaeology

of the evolution of this unique resort town from the 1960s onwards. In short, it offers the amenities of a small city in the midst of a residential and resort area.

Preferences Of course not all shops, offices and professional services are to be found in town – the area´s El Corte InglÊs

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department store is unique in that it´s located in Puerto Banús and

not the town centre, while there are many smaller commercial centres offering services in residential areas but, the downtown area remains

the main hub of amenities. To these can be added both a large shopping mall on the outer periphery of the town and leafy streets full of boutiques, perfumeries, jewellery shops and designer outlets right at the heart of it.

Shoppers in this area can therefore choose from various different

options depending on their requirements or mood, while the same can be said of dining, café society and just sauntering through the streets on a sunny day. When not shopping or socialising over a coffee,

most people head to the seaside promenade, which skirts Marbella´s

beachfront lined with restaurants, cafés, tapas bars, chill-out zones and sections of beach complete with sun beds and waiter service.

It is this beachside area with its own lively marina that naturally draws most first-time visitors and tourists, though discovering the shaded squares, secluded cafés and fascinating post-1950s architecture of the streets between the beach and Marbella´s main Avenida Ricardo

Soriano can be a delight too. Alternatively you could also follow the

marble piazza famous for its Salvador Dalí sculptures up through

the equally marble tropical gardens of the pretty little Parque de la Alameda, cross the street and enter into another time.

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History in a modern resort town You see, Marbella isn’t all about luxury penthouses, villas, hotels and

golf clubs. The Casco Antiguo, as the old quarter is known, provides proof that Marbella was actually more than just a little fishing hamlet

before it was discovered by the globetrotting jet-set of the 1950s. Still

partly ensconced within the solid defensive walls that once held

invading armies and pirates at bay lies a delightful maze of narrow

cobbled streets, intimate squares full of the scent of orange blossom and classic Andalusian houses resplendent in their whitewashed neatness.

It is the part of town where you get a sense of a historic continuity

that goes far back from Marbella’s present status as a glamorous resort

town. The charming architecture of ordinary houses alternates with the centuries-old opulence of impressive churches and palacetes, indicating

that today’s prosperous homeowners are not the first to enjoy the pleasures of this region, where Roman, Phoenician, Moorish and Baroque remnants live alongside the spoils of the modern world.

Rich in atmosphere and charm, the old town is a popular spot for

antique shops, boutiques, restaurants, bars and some of the best tapas places in town, and you will find many of the finest along the

picturesque Calle del Peral. El Tablao de Ana María offers live flamenco in authentic surroundings, while those in search of culture can visit

the nearby Museo del Grabado or Centro Cultural Miraflores. As it´s

mostly pedestrianised, the old town is also highly favoured by visitors and locals alike as the perfect spot to shop by day and go out at night surrounded by the charm of a real Andalusian setting.

Different people have different preferences, and opinions are

divided on which of these two distinct areas is the most enjoyable or representative part of Marbella, but the rest of us are just happy that

this small city is so surprisingly diverse and capable of offering more than most people expect.

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Style trends in

Marbella real estate Marbella finds itself in the midst of one of the most powerful design movements in its history. Slowly but surely the city is developing a new style that is crisp, modern and yet linked to its surroundings and setting.

26

A

ll towns, cities and countries go through the ebbs and

that partly expressed itself in neo-Moorish and eventually even

version of the international design and architectural

mostly contemporary interpretations of traditional Spanish-Andalusian

flows of fashion, style and trend – each evolving its own movements that help shape our living environment

and define different periods in time. Marbella is no exception, and with such a rich diversity of homebuyers its influences are many and varied, resulting in a

particularly vibrant architectural and decorative scene

colonial architecture. After years in which homebuyers favoured

styles, the latest trend is towards modern designs that combine the clear, right-angled lines of modernist architecture with crisp white

walls, minimalist interiors and the latest in decorative details, materials and technology.

that is evolving all the time.

The first international ‘jet-set’ drawn to these shores

built low-rise villas in a mix of traditional Spanish and modernist styles in which white became the emblematic colour. Later development veered towards contemporary adaptations

of

Mediterranean

and

Hispano-Moorish

architecture, but it was only after Melvin Villaroël introduced a style and terracotta toning inspired by

southern Morocco that other colours began to appear in earnest on the Costa del Sol.

This noteworthy architect, who styled such landmark

developments as Torre Bermeja and La Alcazaba, opened the doors to a new exploration of colour tones and forms

... the latest trend is towards modern designs

that combine the clear, right-angled lines of modernist architecture with crisp white walls, minimalist interiors and the latest in decorative details, materials and technology.

27

...Sleek and modern, these properties offer spacious living areas where sweeping windows bring views in and allow natural light to flood the house...

Marbella homes for the 21st century The result, seen most typically in luxury villas, is the Marbella home

Advanced home automation systems known here as Domotics form

spacious living areas where sweeping windows bring views in

about stark black-and-white austerity today’s villas are often given

for the early 21st century. Sleek and modern, these properties offer

and allow natural light to flood the house. State-of-the-art kitchens feature high design looks combined with practicality and gourmet cooking capability, allowing you to make its brushed chrome gadgetry

disappear at the touch of a button so as to maintain that clean, minimalist look.

28

an integral part of the modern home, and where they were once all

added lustre with splashes of colour in artwork and furnishing details that catch the eye. Glass, chrome and Swarovski crystal are also

employed by many to add a focal and talking point through steps, balustrades, chandeliers, modern decorative pieces, wall divisions and even lifts.

29

Skylights form a popular part of this design philosophy, while the

Japanese style. Another popular outdoor area is the ‘chill-out zone’, a

and become a design detail with the use of glass, brushed steel and

go for a crisp white look or get funky with Balinese four poster lounger

traditional bodega wine cellar or bar has undergone a transformation

the LED lighting that is also popularly used in ceiling cornices,

gardens and those special rooms that have become an integral part

private version of the region’s trendy beach clubs, where you can either beds, Buddha statues and incense.

of the modern Marbella villa. These include indoor swimming pools

Each designer and homeowner adds their own interpretation to the

poolside bar and lounge areas.

just the residential areas but also increasingly to the centre of Marbella,

with sauna and private spas, home cinemas, games rooms, gyms and

Naturally, swimming pools and landscaping have not gone unaltered either, with the glass, chrome and lighting of the interior reflected in

pervading trend, allowing it to evolve naturally as it spreads across not which is expected to undergo a modernisation and beautification process in the coming years.

the outdoor areas, the straight architectural lines affecting pool design

Drawing from rich international inspiration and a strong local

meanwhile, favours clean, immaculate lawns framed by dramatic

before our eyes.

and adding further drama to infinity edge effects. Garden landscaping, plants and little courtyard areas designed in the simple but effective

30

tradition, the Marbella villa and town of the future are taking shape

Architect: Alejandro Gimenez www.alejandrogimenez.net

HIGH QUALITY CONSTRUCTION A N D R E N O VAT I O N O F V I L L A S

C/. Jacinto Benavente, 7 • Edf. AMI, Bajo C 29601 Marbella • Spain Tel: 34 952 775 258 e-mail: gesmacon@gesmacon.com w w w . ge s m ac o n . c o m

313

C A S C A D A

D E

M odern

32

C A M O J Ă N

with

a

difference

33

J

ust recently there has been a distinct trend in Marbella – as elsewhere – towards modern homes that feature the latest in

architectural design and technology. In some cases this has given rise to modernist jewels, but as is often the case with new trends

there are also many homes that are a little ‘samey’. When following

a design movement of this kind it is easy to lose the character and individuality of a property, surely one of the most important features of a luxury home.

It is therefore a delight to come across a property such as this luxurious villa set within a singular location surrounded by

nature and open, unassailable views of the entire Marbella coastline all the way along the Mediterranean Sea to Gibraltar

and North Africa. “I was originally in the market for a luxury apartment,” says the owner, who fell in love with the plot the

minute he and his wife saw the setting and the views. “Any plans

of an apartment were soon forgotten. We simply had to build our dream house here.”

And that is precisely what this exacting couple did, enlisting the

creative eye of a very experienced architect, in whom they found a kindred spirit for their project. “It turned out to be a fun creative

process in which I think we created a home worthy of this unique location.” We think so, for this modern villa is not only situated

in a secure, private area on the edge of Sierra Blanca, but it finds

itself enveloped by greenery and commanding views that can’t be taken away.

Modern architecture with personality Together with their architect the couple have created a luxury contemporary villa that features advanced aesthetic styling and

high-tech amenities yet also has lots of individuality and character.

With its fine proportions, clever use of panoramic windows and modernist-inspired architecture that eschews the conventional white box, this is a home whose attractive lines are given solidity

34

35

and substance by dark columns. It creates a balance and look that ensures the property’s identity and uniqueness.

A stylish modern driveway leads to the multi-car garage and entrance, from where the sparkling sea catches your eye the minute

you open the imposing front door. Although this perspective line

through the house to the shimmering sea is a classic architectural feature, here it is uncluttered by a living room or terrace – and so much more impressive for it. In other words, from the slightly raised position of the suitably elegant entrance hall the Mediterranean seems close enough to touch.

The double-storey entrance hall is a study in glass, glimpses of

beautiful mountain and sea vistas and the fine, handpicked materials that have gone into this villa. The dark, mat floor tiles and walls with

stucco overlay set the tone for a home full of sophisticated features.

Amid all of this, symmetry has not been overlooked, making this the distribution point for two well-proportioned wings.

36

From the state-of-the-art kitchen, with its modern bar, breakfast area

and laundry, you look out past the large terrace and sleek swimming pool to the sea beyond, while in the adjacent cloakroom the glass window will cloud over for privacy at the touch of a button. The

opposite wing contains a stylish but welcoming living room with

professional audio-sound installation and a Marrakech-inspired relaxing corner that connects with the outdoor terrace. It is a coming

together of the husband’s love for rock music and his wife’s classic inspiration, not to mention a large wing piano that the classically trained musician used to practise and also entertain her guests.

The home features many more ‘his and hers’ areas, such as the specially commissioned rock art, the stylish office suite with its sleek chrome and

brown crocodile leather furniture as well as the panoramic gym with stunning views.

Naturally, in a home like this, the outdoor areas claim a significant part

of the appeal and the quality of life offered. One of the most attractive

37

and distinguishing features of this beautiful modern home

Mountain opens up before you. The seating area at the

swimming pool and the chill-out lounge deck that runs on

featuring comfortable sunken seats in the finest Modernist

is the outdoor seating area that overlooks a sleekly styled

from it and links with a waterfall feature and a terraced pool designed for peaceful relaxation and contemplation of the natural splendour all around.

Look ahead and you see Marbella and the sea, turn back and

the protected greenery at the base of the iconic La Concha

38

heart of it all is more an outdoor lounge than a mere terrace,

tradition around a solid handmade lacquered table. Covered

and protected from the elements, it is nonetheless an outdoor area in nature – and the perfect spot from which to enjoy this unique villa in its stunning setting.

DM3365 BEDS: 8 BATHS: 8 PLOT: 2,150m2 built: 1,844m2 PRICE: 9.500.000â‚Ź

D

promoting exclusivity, quality and style in Marbella OM3 is a grouping of professionals and

Making good even better

luxury homes in and around Marbella. Coming

greatest resilience in the years since the financial crisis, but it also has

specialists in the creation and promotion of

In fact, not only is the luxury segment the one that has shown the

from a wide spectrum of disciplines, ranging

all the signs of great potential for growth, with gradually increasing

from architects, interior designers, landscapers,

surveyors, constructors, engineers, lawyers

and developers to home electronics specialists and luxury real estate agents, the members of

DOM3 – among them DM Properties – are

demand and prices that remain attractive yet are beginning to even

out and in some cases rise again. The people buying in Marbella are increasingly international, especially in the upper segment of the market, and their tastes are modern.

united in their desire to promote this sector on

They demand stylish modern houses that offer the latest in amenities

standards of excellence.

to the development of new properties and reconstruction of existing

the Costa del Sol and develop it to the highest

Luxury property has been the most resilient

and dynamic segment of the property market in Marbella and the neighbouring municipalities of Benahavis and Estepona. This important

and comforts, and already there is a growing specialist sector dedicated ones. This is an industry that draws in top professionals in the fields of construction, design, bespoke furniture making, home electronics and

marketing, with a great many service industries such as maintenance and security following in their wake.

segment is Marbella’s strength and ties in with

The past two years have seen a clear increase in the number of luxury

town with a unique combination of climate,

and investors rediscovering Marbella with vigour. It is with the

its lifestyle and its brand as a luxury resort facilities,

lifestyle,

accessibility

and

high-

standing services. To this list must also be added the quality and diversity of its real estate

offer, which has remained consistently popular with high net worth buyers.

properties bought and new ones constructed, with both end buyers

further development and promotion of this important and burgeoning sector in mind that DOM3 was formed and its multidisciplinary members meet on a weekly basis to exchange ideas, information and perspectives. In addition to this, the organisation also provides a

fruitful forum for the proposal and development of action plans that turn theoretical analysis into practical initiatives.

Some of these will be technical, aimed at getting the best out of

technical and creative expertise, while other initiatives will involve collaboration with the local town halls and planning departments.

Meanwhile, as Marbella hones its already considerable expertise in the

luxury home market, part of the mission of DOM3 is also to promote this sector on an international level and through its members bring it to the attention of an increasingly global clientele.

www.dome3.org

39

Marbella –

sporting destination

It is generally associated with the calm, placid pleasures of golf, beach and relaxing on a yacht, but Marbella is much more of a fast-paced competitor than many would expect. Add the amenities of its surroundings and you have a first-class sports destination.

B

lessed with perhaps the best climate in Europe, and one of

Racket sports

for an outdoor lifestyle and sport – much like you’d find in

residential areas are stylish racket clubs originally devoted to tennis

the finest in the world, Spain’s southern coast is just made

Bordering many of the over 60 golf courses and their neighbouring

Australia, Brazil or the US.

but now shared with another local favourite: padel tennis. Originally

However, unlike those countries, with their undeniably sporty

reputations, Marbella is somehow associated not so much with dynamic activity as with the languid exertions involved

in sunbathing, cocktail parties and, of course, golf. True, this region is rightly known for all these things, but look a little

deeper and you find it teeming with outdoor energy, first-class amenities and a long list of sporting options.

founded in Acapulco, Mexico, and derived from an older American

version, padel tennis combines many of the elements of tennis and squash into one. It is played on a downsized tennis court using the tennis scoring system and almost identical balls, but borrows the inclusion of back walls from squash, while the thick carbon fibre rackets have been likened to advanced versions of the old Swingball bats.

Normally played in doubles, padel tennis is much easier to learn and maintain at an enjoyable level from early on than tennis or squash, and has become somewhat of a craze among Spaniards and foreign

residents. In fact, the stylish racket clubs - often with changing rooms,

40

showers, pro shop, bar, café and outdoor lounge - are a popular melting pot of cultures. Padel tennis has been exported back to many countries in Northern Europe, but it is hard to reconstruct the ambience of the

Manolo Santana Club or the many private tennis and padel courts in villas and apartment complexes across Marbella.

Another Marbella icon with a unique ambience is the Puente Romano Tennis Club, home to numerous tournaments such as the Marbella Masters and WTA Tour’s Andalucia Tennis Experience.

Hiking, biking and extreme pursuits The coast’s marinas are full of yachts, speedboats, jetskis and diving centres, but the immediate hinterland, where Marbella’s residential areas touch the neighbouring mountain ranges, are just as full of sports opportunities. These include marvellous country trails for hiking and

mountain biking through wooded hill country, valleys and rocky terrain where the town quickly recedes and you enter into a natural

world dominated by mountains, blue skies and eagles hovering overhead.

A popular hiking route traces the PR-A 136 trail from the little

whitewashed mountain village of Istán, just a few kilometres north of Marbella, into a mountain landscape covered in wild oaks, olive trees

and Mediterranean scrub. Another follows the PR-A 275 from the little

town of Monda (twenty minutes north-east of Marbella) into open hill country, while those who like shorter walks might prefer to explore the

beautiful temperate forest on the eastern edge of Marbella´s emblematic La Concha Mountain.

There are, of course, those who wish to conquer these mountain ranges,

though real mountaineers are outnumbered in these parts by groups that go caving and potholing in the beautiful gorges and rock faces that begin right on the edge of Marbella. Together with enthusiasts of gliding, skydiving, paragliding and delta kiting they belong to a

category known as extreme sports enthusiasts, which contrasts sharply with the peaceful endeavours of sports fishermen and birdwatchers that make the most of the fact that this is one of the main crossing points for bird migrations between Europe and Africa.

Specialist companies have sprung up locally to provide professional countryside safaris, diving, eco tours, mountain biking, abseiling and a host of other sports expeditions designed especially around personal and corporate groups.

41

Ski slopes Those who wish to exercise but also keep it all very stylish can look

to the Sierra Nevada, Andalucía´s very own alpine region. Situated

just over two hours from Marbella, Europe´s southernmost ski

resort also has the longest season, with the slopes open for skiing and snowboarding from November through to April. The facilities

are first-class - good enough to be included on the international

competition calendar - and in addition to expansive ski slopes also encompass coaching facilities and a great choice of hotels, restaurants, cafés and, of course, tapas bars.

The Sierra Nevada offers everything you’d want from an alpine resort on your doorstep, with a little Spanish spice thrown in, and

counts amongst its attractions luxury spas and exclusive private getaways.

Surfer cool With ski two hours to the northeast and a bona fide surfer´s

paradise a little over an hour to the west, Marbella can really be

said to have the best of all worlds. Tarifa is famous among surfers, windsurfers and especially kitesurfers around the world. Officially recognised as the kitesurfing capital of Europe, this is a place with a special hippy-chic atmosphere and brand of trendy-rustic boutique hotels, cafés, bars, restaurants and beach clubs.

The latter are noticeably more chilled than their Marbella

counterparts, while the broad white sandy beaches, protected

natural scenery and open views across the sea to Morocco are simply

stunning. A piece of Southern Spain with a touch of Brazil, Hawaii,

Bali and Ibiza thrown in, it is also a paradise for vegans and people in search of peaceful yoga retreats to compare with those found in Marbella and its surrounding mountain getaways.

Upmarket sport If Marbella is a place of super yachts and fast cars then it is also home to such pursuits as horse racing, polo and motor racing. Sotogrande

is well established as one of Europe’s leading polo centres, with

exhibition matches and international competitions attended by

the world’s best players and supported by a fascinating mix of celebrities, royalty and local residents. In true style the champagne and strawberries hospitality is stylish though not stuffy, allowing mere mortals to rub shoulders with the rich and famous.

42

The many riding schools and equestrian centres in the region find

club with exquisite facilities designed to let the gentleman racer

internationally acclaimed horse riding, dressage and show jumping

conditions. Looking like a set from a Bond movie, this immaculate

their ultimate expression in the fantastic facilities of Montenmedio, an

centre just outside Vejer de la Frontera, about half an hour north of Tarifa. It is one of the finest of its kind in Europe, and during the

annual championships in February attracts thousands of horses, competitors and spectators from across the globe.

Another type of racing is catered to at circuits that include Guadix,

the Jerez Moto GP circuit and Race Resort Ascari, a private racing

put his expensive sports car to good use within controlled and safe

racetrack surrounded by mountains comes complete with a clubhouse,

restaurant, pool deck, boutique hotel, helipad, pit crews and a storage

and full maintenance garage with a mouth-watering collection of

racing cars. With Malaga FC featuring in Spain’s La Liga and the region

boasting its own basketball, rugby and cricket teams, there’s barely an activity not catered for in what is actually one of the finest sporting destinations in Europe.

43

EL MADROÑAL

V illa estate I N the foothills above M arbella

M

arbella is one of those places, like the Côte d’Azur,

privacy that entails. The first owner wanted to make the most of

many different sizes, styles and settings. In such an

highest point of a 35,000 square metre estate as the ideal setting.

where there are a great many luxurious homes in environment it is easy for one’s senses to become blunted to luxury, blasé about beauty – only to be

The result is a signature villa of 2,000 square metres that straddles

truly of rare taste, distinction and quality.

mountains that rise towards the Andalusian hinterland. The panorama

reawakened when you come across something that is

This beautiful estate situated on a private hilltop in

the exclusive community of El Madroñal is just such a property, the kind that reanimates one’s sense of

a level hilltop and takes in views of Marbella, the coastline and the

also takes in other villas dotted against the greenery in El Madroñal, as well as both westward and eastward perspectives of the Mediterranean, just a few minutes away.

aesthetic appreciation, for this is a home of refined tastes

A private oasis

of homeowners.

to stand out from the rest, and though the home’s list of facts and figures

and exquisite pleasures reserved for the most fortunate

Originally designed by a renowned local architect, the property

was

created

in

the

style

of

a

grand

Mediterranean home complete with the space and

44

fantastic views over the surrounding countryside and thus chose the

This villa proves that even in a location as exclusive as this it is possible

makes for impressive reading it is not so much its quantity as its quality that impresses and captures the eye. Exquisitely styled and maintained,

the various ingredients of location, privacy, amenities, quality and above all ambience elevate it to a category of very special properties.

45

The fact that this is a home of singular character becomes clear shortly

occupants, and the villa in question is no different, providing first and

coast towards the likes of La Zagaleta and El Madroùal – some of the

its understated elegance.

after you turn off the scenic road that winds gently upwards from the finest addresses on the Mediterranean. The latter is a gated community of villas set on large hillside tracts, yet the estate forms a private oasis within it that is served by its own gate and access road.

A gracious drive lined with tall cypress trees leads the way past two

charming structures in the classic gatehouse style; one a stylish coach house garage with guest apartments above, the other featuring both

independent guest and staff accommodation. Ramble on over the

cobblestone road and suddenly the majestic trees open up to reveal a broad forecourt with an Andalusian fountain at its heart. Inlaid with traditional Spanish pebble stones, it is a striking introduction to a

graciously low-key villa set within magnificent parkland surroundings.

As you park your car, vistas of the sea and mountain already come into view, and if you were to head back to the main gate you would have the choice of using a separate drive.

Refined tastes

foremost an idyllic home environment, but all the more impressive for

Rather than the immediate volume of construction one is met with a solid Andalusian double door, which opens into a classic inner courtyard that forms a central access point linking the different parts

of the main floor. Obviating the need for a drafty hallway, the richly

ambiented courtyard is also a seductively cool spot that offers its own

nooks and enclaves to get away and read a book, enjoy a drink or socialise al fresco whilst also allowing fresh air to cool the home in a natural way. The owner, who commissioned the gifted Jaime ParladĂŠ to help create a very special decorative ambience, confirms that

though every room on the estate is air-conditioned he seldom needs it, particularly in the bright and sunny living areas that lead on from

the inner courtyard. These include a stylish formal living room with

views of the immaculate lawns and garden, and a breezy summer lounge that connects through to the dining room and the charming but professionally equipped country kitchen beyond.

Where some architects and homeowners feel the need to construct

The latter also features a breakfast nook and pantry, and leads on to

not to impose a home on its surroundings but to make it blend in

air and lovely scenes to enliven a series of rooms rich in atmosphere that

boastful edifices to human arrogance others have the sensibility

harmoniously. Such properties are conceived for the enjoyment of their

46

another inner patio with a touch of Moroccan styling that allows fresh

are currently used as a stylish study and a luxuriant television room

DM1542 BEDS: 10 BATHS: 8 PLOT: 70,000m2 approx. built: 2,000m2 PRICE: O.A.

respectively. Continue on from the dining room, and you enter a large covered area that becomes an extension of the lounge/dining areas during the summer months.

From here you overlook sunny terraces and lush green lawns leading up to a swimming pool that sparkles in competition

with the distant sea. Flanking the property are delightful

paths, fountains and spots from which to enjoy both the shade of local pine trees and new aspects of the vistas, with

more guest apartments on the one side, and a pretty atelier on the other. The tennis court, complete with its own little

clubhouse, has to rank as one of the most appealing private

courts anywhere. The main home also features two large suites on the ground floor, including a very spacious main bedroom while another two private suites are contained

within turreted structures on the first floor, thus completing a haven of refinement, comfort and good taste. This private

oasis is surrounded by 35,000 square metres of its own land, to which has recently been added another 35,000 square metres approximately of protected green belt land.

Other recent improvements include a new well and

possibilities, not least of which is the ability to build four or

estate entirely self-sufficient. Such a setting offers endless

downwards from the main property.

solar-powered electricity system that together make the

five well-sized villas on the large plots situated on the slope

47

Hurtan

a Spanish classic from Granada

Andalucía´s own carmaker

Founded by Juan Hurtado González, Hurtan is a relatively recent addition to the pantheon of car manufacturers, though you wouldn´t know it from the classical cars they produce. Made with love and passion at their spotless workshops in Santa Fé, a little town on the Vega half an hour west of Granada, these lowproduction, bespoke open-top roadsters classify the brand in the prestige segment of the market - effectively marking them out as the Spanish Morgan.

This comparison is not entirely coincidental, as the marque clearly finds it inspiration in the same classic British roadster tradition that has made Morgan such an enduring love object, putting the emphasis on nostalgic styling, handmade workmanship and the sheer pleasure of driving. Those with a keen eye for classic cars will recognise the lines of the Jaguar XK120 in the Hurtan Albaycín - a model whose very name is a reference to the famous old town quarter of nearby Granada.

48

49

It is also in the picturesque Albaycín that these stylish 2 and 2+2 seaters are often paraded against the stunning backdrop of the Alhambra and the soaring peaks of the Sierra Nevada rising behind it. Here, in its natural environment, this car fits right in with the gracious Andalusian architecture, just as it does on a country road surrounded by undulating fields or a path winding its way through the green beauty of the Serranía de Ronda mountain range. Driving into a country village or town in one of these open-top classics somehow seems so right.

It’s not surprising then to find that these vintage cars have been building a loyal following within the country, and having crept into the hearts of Spanish and foreign car lovers alike. Hurtan is now also exporting its fun retro models across Europe and even beyond, to collectors in Morocco, the US, South America and the Middle East. Not only is the Hurtan styled on the British roadster classics of the 1940s – it’s becoming a classic in its own right.

Classic charm made by hand

Available both with left and right hand drive, the Hurtan is in many ways comparable to the Morgan, the Caterham, the Donkervoort and similar classically inspired makes. It comes with 1.6 and 2.0 litre engines ranging from 60 to 182 horsepower, and although not quite as fast and agile as some of its competitors, the emphasis here is on leisurely, comfortable cruising with – if you like – a bit of added vavoom. The hand polished bodywork, gorgeous retro details such as chrome grille, bumper and also the classic lights, windscreen and boot give the Hurtan authentic vintage prestige appeal.

Such is further confirmed by the beautiful hand-stitched leather seats, the large wooden steering wheel and the canvas hood, while the walnut dashboard and stylish dials add further to an authentic motoring experience that takes you right back to the grand years of touring. That this is a car for car lovers is beyond doubt, but for all the small output and handmade quality the Hurtan is also remarkably affordable, giving it an edge on its more expensive competitors.

For under €40.000 you can have your own touring classic, made bespoke to your requirements just as if it was a Ferrari or a Bugatti you were ordering. The difference is, it’s just a two-hour drive from Marbella to Santa Fé, where a passionate family-run Andalusian carmaker is quietly making big noise in the sports car segment. www.hurtan.com

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New residence for investors

T

he new Law 14/2013 to support entrepreneurs was

Documents to be submitted with the application are as follows:

and is already in force.

• Two photographs

approved on 27th September by the Spanish Government

There is no doubt that the most interesting item of this law

is that foreigners who buy one or more properties in Spain whose total value amounts to, or exceeds, 500.000 euros

• Passport with validity in excess of one year • Certificate of Criminal Records

• Medical insurance valid in Spain

• Title Deed for one or more properties (apartments, business premises, land, etc) whose total value amounts to or exceeds 500.000 euros

can obtain a residence visa. This is valid for a period of

• Certificate from the Property Registry

number of days within the one-year period. In addition,

• Marriage Certificate, if applicable

one year and allows them to live in Spain for an unlimited

they will also be able to enter any of the 26 European

countries that have abolished passport and immigration controls at their borders – and stay for up to three months.

After the first year, they are entitled to obtain a Spanish

residency card, valid for a further two years, and they will be able to apply for renewal every two years as long as they meet the criteria explained below.

The main advantage of this type of residence is that

• Proof of financial solvency

• Birth Certificate for his/her children. Only children under 18 years old and those over 18 who depend on their parents for health reasons are entitled to this type of residence

• Power of Attorney, if the applicant does not submit the application personally

However, it must be noted that the consulate has the authority to request any other additional documents they may consider necessary.

They can also demand that the applicant attends an interview, if needed.

applicants will not be required to stay in Spain for a period

It is also important to point out that foreigners who buy a property

to Spain at least once a year. It is important to take into

although through a longer process (three months) and subject to

of six months every year, and they will only have to travel

account that this advantage is only applicable to those

foreigners who are subject to this special type of residence

visa. The remaining foreign residents are still obliged to remain in Spain for a minimum six months per year, unless

the current laws for Foreign Nationals and Immigrations change.

Another advantage is that this residence visa is granted in a

short period of time - in theory, in no less than ten days and not in excess of 15 days. At least this is the theory…

for a value under 500.000 euros can also apply for a residence permit,

the Foreign Nationals and Immigration Law, not the Entrepreneurs

Law. However, it is only fair to say that the Foreign Nationals and Immigration Law is working reasonably well.

Another way to obtain this type of residence visa is for foreigners to deposit one million euros in Spanish banks or purchase shares in Spanish companies for a minimum of one million euros. Also

by investing two million euros in Spanish Public Debt or having a corporate project to be developed in Spain and that can be considered of general interest for the Spanish economy.

Any interested foreigner must submit the visa application to

In closing, I would like to state that we at Gestoria Bocanegra have 32

personally or through a representative.

citizens. We will be pleased to assist you in the process of obtaining

the Spanish Consulate in their home country. They can do it

years of expertise in handling residence permit applications for foreign your residence permit through any of the above procedures.

Ricardo Bocanegra Lawyer, expert in foreign citizen affairs Telephone: 34 952 775812 (Russian: 663 505 814).

Email: ricardo@bocanegra.com

Avenida Ricardo Soriano, 65, 2º 29600 MARBELLA

51

L u x u r y pentho u se in the heart of R ome Just a short walk from the most important monuments of Rome this splendid historical

palace was the 15th century home of the rich and powerful Boccabella family. Over the years

the palace has been owned by various noble families including more recently the Colonnas.

The penthouse, which is developed on three floors and has three separate entrances, enjoys a breathtaking 360-degree view over the city

and all rooms enjoy unequalled views over the Piazza Venezia. The master suite is on the first floor and comprises its own entrance, a

dressing area, an ample bedroom and two large bathrooms. Inlaid marble, intricate plasterwork

and frescoed ceilings of rare beauty decorate the walls, together with precious cabinetry and

painting on the wardrobes, the bookcases and the doors.

BEDS: 2 BATHS: 5 built: 350m2 TERRACE: 270m2 PRICE: O.A.

E x cl u sive

private

island ,

S weden

This exclusive private island in Grötskär close to Stockholm comes with its own bay/natural harbour and water area that offers the best

conditions for lazy summer days in the sun relaxing, swimming, fishing and all kinds of water sports. The island is about 10 minutes by boat from Dalarövägen and 50 minutes from Stockholm.

islands to be enjoyed from the many balconies and

patios. The villa, which is in excellent condition hase all modern conveniences, and floor to ceiling The house was built in 2009 and comes with a separate guest house and

sauna. The villa and the bay face south with stunning views of the outer

52

windows throughout in order to make the most of the

surrounding scenery of sea, rocks, pines and wildlife on the island.

BEDS: 5 BATHS: 2 built: 237m2 PLOT: 241,850m2 PRICE: O.A.

RO YA L

AV E NU E ,

SW3

Designed by Sir Christopher Wren on behalf of William III in the 1690s this immaculate Grade II listed house is ideally situated just off the King’s Road within an easy walk of Sloane Street.

The property is on the preferred western terrace and has been completely remodelled to an exacting standard, using the finest quality finishes to recreate period elegance with innovative and exciting design.

N ew The

Yor k ,

Rooftop

Penthouse

BEDS: 5 BATHS: 3 built: 279m2 PRICE: O.A.

P entho u se at

the 21W20 building in the centre of Manhattan combines the entire thirteenth, fourteenth and fifteenth floors

of this

iconic new building in the Flatiron District.

With

spacious

entertainment

areas and large bedroom suites, this triplex penthouse can be tailored to suit

any lifestyle. 21W20 was designed by

celebrated interior architect David Mann of MR Architecture + Decor. Building amenities include a 24-hour doorman;

private lobby lounge with kitchenette; spacious

outdoor

garden

offering

relaxation and seating areas; refrigerated storage

for

deliveries;

private/wine

storage; bicycle storage; and a 421-a Tax Abatement (anticipated).

BEDS: 5 BATHS: 6 built: 641m2 terrace: 246m2 PRICE: $35.000.000

53

P orto

C ervo ,

S ardinia

BEDS: 5 BATHS: 5 built: 600m2 PLOT: 3,120m2 PRICE: O.A.

Villa Sa Sposa is located in Liscia di Vacca near Porto Cervo in a

The villa offers accommodation for ten people. Four bedrooms are

colourful histories of any on the entire Costa Smeralda. In the 1960s a

guest house. All bedrooms come with fully appointed modern

community of twelve luxury villas. The location has one of the most

group of English aristocrats formed a syndicate to purchase and merge

properties scattered around Porto Cervo. This move helped preserve the region and maintain its pristine beauty to this day.

R amat u elle ,

C ô te

located in the main house, and another one belongs to the adjacent

bathrooms. The villa is completely furnished and equipped according to the latest standards and has three separate garages with room for up to six vehicles.

d’Azur,

F rance

This exceptional property is situated close to the beautiful Pampelonne beaches. The house, which is completely new provides a perfect example of modern architecture, which is extremely rare on the Saint-Tropez Peninsula. It comes with a

high level of fittings and fixtures including air conditioning, alarm fireplace and heated swimming pool and has eight spacious bedrooms each with their own bathroom ensuite. The panoramic sea views are simply stunning.

54

BEDS: 8 BATHS: 8 built: 500m2 PLOT: 5,800m2 PRICE: O.A.

C asa L eone – L u x u r y L a k e M aggiore

estate

THIS SECLUDED ESTATE is for those who appreciate absolute privacy and peace with 180 degree views over forest, lake and mountains located only 15 minutes from Locarno and 30 to Lugano.

The property itself is a large bungalow-style villa built over two levels, featured in many architecture magazines.

Spectacular interiors with soaring ceilings and a sperate guest house/wellness area, outdoor pool and ornamental

BEDS: 5 BATHS: 5 built: 400m2 PLOT: 19,589m2 PRICE: O.A.

pond.

PA R IS APAR TM ENT G O L D EN TR I AN GL ET R O C A D E R O

Outstanding duplex apartment with wonderful views of the Eiffel Tower. On

the 4th and 5th floor of a prestigious freestone building it features large reception areas

on both levels, a huge master suite and four guest suites, leisure suite with plunge pool and sauna and two kitchens. On the 4th floor extensive staff accommodation comprising office, security room and four bedroom suites. Wraparound balcony on 5th floor. Further staff accommodation on the 6th floor (5 staff rooms). Garaging for 2 cars.

BEDS: 9 BATHS: 5 built: 1,054m2 PRICE: O.A.

55

Z A G A L E TA

V I L L A

MADE FOR THE U LT I M AT E L I F E S T Y L E

56

57

The setting

The villa

From its elevated position on the pine-covered slopes of the La

A private road leads up a gentle slope towards a cobblestone forecourt

of Mediterranean Sea, taking in views across Marbella’s coastal region

the villa looms up appealingly among intense greenery and Marbella´s

Zagaleta estate, this stylish villa looks south towards an open expanse all the way to Gibraltar and North Africa.

Here, ensconced within open nature the property finds itself embraced

by lush greenery, sharing a beautiful valley with just a small number

that fronts a spacious garage. From here the low-slung geometry of deep blue skies. The rich terracotta tone of the house blends in well, and the villa´s famous architect has succeeded in producing a complimentary vivacity of hues.

of other villas. “It offers the optimal combination of peace, privacy and

It is a vivaciousness that contrasts with the sense of peace and

says the owner, who chose this spot for its open window on natural

main house and its guest wing. In this serene setting the play of

security without being isolated or devoid of a sense of community,” splendour.

Together, the properties in this valley occupy the prime spot in La

Zagaleta, endowed not just with scenic beauty but also with what can be considered the ideal orientation and views to be had in this

exclusive country estate. “That is why this part of La Zagaleta was the

first to be chosen by homeowners.” In spite of this his is not an old

villa, nor even a recently refurbished one, but instead represents a rare combination of top location and contemporary home.

58

tranquillity as you step into a spacious courtyard ringed by the water from a fountain adds to the ambience as you step into an

elegant hallway that leads to the living areas and private quarters.

From here, stairs lead up to a delightful room with magnificent views over the surrounding valley and the sea. Currently used as

an office, it is suited to a variety of uses, including reading room, studio, gym or games room.

Just below is a large private suite with its own garden access and terrace from which a different perspective of the stunning vistas is to

59

be had. A suite in the true sense, it incorporates a large dressing area,

an opulent marble bathroom and a bedroom with doors that open on to a stylish private living room complete with cosy fireplace.

The spacious living area has tall vaulted ceilings and looks out over a

manicured garden whose lawn slopes down gently to the swimming pool amid flowering plants. From this spot, surrounded by intense greenery, the views across the verdant valley are arguably the best

of all, creating a privileged setting in which to relax or entertain.

The covered terrace that flows along the facia of the living room also

extends to the dining area, where its elegant outdoor lounge becomes an al fresco dining venue within the shade and fragrance of trees.

The formal dining room, which links the lounge to the state-of-the-art German kitchen, is equally endowed with views that form an imposing backdrop to the elegant interior. Beyond the kitchen is a professional

laundry that links up with the garage, none of which are without natural light. This is also true of the guest wing that forms a large independent living area in its own right, complete with two separate

apartments with luxury marble bathrooms, spacious bedrooms and terraces of their own. The apartments also share a tastefully

appointed living area and kitchen, completing a property made not

just to impress and enjoy in total comfort, but set within a beautiful, panoramic spot close to all of Marbella’s amenities that offers the ultimate in quality of life.

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DM3476 BEDS: 3 BATHS: 3 built: 941m2 PLOT: 6,417m2 PRICE: 5.500.000€

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UNIQUE AND MODERN VILLA L A Z A G A L E TA - B E N A H AV I S

T

his stunning modern home is located in the exclusive La Zagaleta Golf & Country Club. Guarded by 24 hour manned

security and only two entries into the estate make La Zagaleta a unique, private and secure place to live in. Its two

beautiful golf courses, La Zagaleta Golf and Los Barrancos de La Zagaleta Golf have attracted many elite golfers and

property seekers over the years. The sheer beauty of its natural

62

DM3200-01 BEDS: 5 BATHS: 7 PLOT: 4,237m2 built: 950m2 PRICE: 6.750.000€

surroundings and artificial lakes, its sporting facilities, equestrian

installation for heating offers an excellent entertaining area from

Zagaleta one of Europe’s most sought after residential estates offering

Mediterranean coast. Large open plan living spaces, a 3D cinema

centre and breathtaking, state of the art properties have made La an incomparable quality of life to its residents.

This designer residence has been built to the highest quality and

with extreme attention to detail. An exterior infinity pool with pre-

where one can enjoy the breathtaking panoramic views of the room, gymnasium, sauna and steam room provide absolute comfort.

Additional features which make this residence an ideal place are under floor heating by water system, solar panels and staff accommodation.

63

S TAT E O F T H E A R T V I L L A L A Z A G A L E TA - B E N A H AV I S

A

truly remarkable property nestled on an elevated plot

within Marbella’s most luxurious and sophisticated residential estate: La Zagaleta Golf & Country Club.

Situated close to town, La Zagaleta offers first-class

leisure and sports facilities that include two 18-hole golf

courses, equestrian centre, heliport and a stylish club house featuring restaurant

and bar, swimming pool

area, sitting areas and billiards room. It is the perfect

address for families who enjoy sports and a natural environment.

64

The estate is gated, has 24 hour security and offers its residents red

The property uses geothermal energy to power

making it one of Europe’s most sought after residential estates.

home

carpet services such as concierge, banking and housekeeping services

The property’s award-winning designers have created a truly stunning and unique place to live in.

Not only are its interiors beautifully designed and presented but the thought and planning that has gone into its landscaping does not go

unnoticed. Its setting, amid the forests of La Zagaleta, adds a magical touch to the property.

under

floor

heating

automation

and

system

air

conditioning.

controls

A

lighting,

music, air conditioning, gate entry, swimming pool,

security

system

and

electronic

front

door security. A heated swimming pool with

waterfall, external firepit, Jacuzzi and exterior

DM3217 BEDS: 4 BATHS: 4 PLOT: 3,375m2 built: 769m2 PRICE: 5.900.000â‚Ź

dining area with barbeque offer idyllic lifestyle

amenities and comfort. Additionally the property

enjoys a cinema room, wine cellar, sauna and gymnasium.

65

M O U N TA I N VA L L E Y V I E W S L A Z A G A L E TA - B E N A H AV I S

T

his gorgeous villa has been created in order to enjoy the

BBQ area and access to the infinity edge pool. The

qualities, both in the interior as well as exterior. It is situated

double bedrooms with en-suite bathrooms and fitted

pleasures of the superb environment of Marbella using the best in La Zagaleta Country Club and Golf Resort with wonderful

facilities, from the scenic golf courses and horse-riding centre

to the elegant clubhouse, pool area, bar, lounge, billiards room and helipad.

The house, designed by a renowned local architect, is accessed

cupboards, laundry room and two car garage with

windows, which could be easily transformed into an extra bedroom. In addition, there is a self-contained apartment with lounge, kitchenette, bedroom and shower, ideal for teenagers or guests.

by a long paved driveway that ends in a three-car covered

The upper floor comprises a master bedroom with

sunlight, this splendid residence decorated by a famous Dutch

bathroom fitted with a bathtub and shower. An off

carport and a centenary olive tree. Thoroughly suffused with

designer is accessed via a foyer with double height ceilings,

which flows into a bright lounge with fire place, a separate fully fitted kitchen with lounge area, and interior and exterior dining zones. Off the living room there is a covered terrace with large

66

ground floor also includes a guest toilet, an office, two

vaulted ceiling, separate dressing room and a suite uncovered terrace faces the picturesque scenery

of mountainous hillside of La Zagaleta countryside and golf. In the basement there is a cinema room, gymnasium, sauna with shower and outdoor hot tub.

DM3479 BEDS: 4 BATHS: 4 PLOT: 5,444m2 built: 714m2 PRICE: 4.750.000â‚Ź

C O M M A N D I N G E S TAT E E L M A D R O Ñ A L - B E N A H AV I S

K

nown for its fresh air, refined country living on the

kitchen and private office, as well as the bedroom

views, El Madroñal is one of the finest addresses in this part

enjoy

doorstep of Marbella and grand estates with commanding of Spain. Set within the lower part of this exclusive gated community, this grand villa harbours many of the best

characteristics of El Madroñal: space, privacy, greenery and simply magnificent views.

Covering a built area of over 2,000m2, on grounds of

suites contained on the first floor. The latter also their

own

spacious

panoramic

terraces

overlooking the coastline, while the property also

features a multi-car garage and private entertainment

area with heated indoor swimming pool, bar and lounge space, spa and gym – all on ground floor level.

over 8,000m2, this is a substantial eight-bedroom villa

Independent guest accommodation, that is a villa in

groves. The driveway and forecourt indicate as much,

and terraces, several bedroom suites and a modern

surrounded by elegant lawns, shaded areas and orange as does the imposing entrance hall that forms the central distribution point into the spacious formal living and

dining room, the comfortable family room, high-spec

DM3100 BEDS: 8 BATHS: 7 PLOT: 8,325m2 built: 2,216m2 PRICE: 5.750.000€

its own right, incorporating private entrance, parking

kitchen with spacious living areas, completes an extensive property that offers a world of possibilities in one of the most desired locations in Marbella.

67

S I M P LY S T U N N I N G E L M A D R O Ă‘ A L - B E N A H AV I S

L

ocated in El MadroĂąal, a prestigious, gated, cork oak and

pine forested residential community at a 15-minute drive from Puerto BanĂşs is this absolutely stunning villa, surrounded by mature trees and aromatic plants which epitomises the art of

positioning the right property in the right location. It is a truly

imposing property, which has been beautifully and tastefully decorated with the utmost attention to detail and is also a haven of tranquillity and privacy.

Imposing automatic double entrance gates open onto a welcoming entrance courtyard with a double garage and carport for three cars. The flow from the entrance hall with a fireplace

and double height ceiling, through to the shaded internal patio, the formal gardens and pool beyond, emphasises that this unique

property is an exercise in classic proportions. With elegant formal rooms yielding to a beautiful kitchen there is a quiet practicality

to this noble house. Both the drawing room and dining room have hand-crafted fireplaces and both lead to the spectacular

outside terraces with sitting and dining areas as well as a built-

68

68

DM2765 BEDS: 5 BATHS: 6 PLOT: 4,380m2 built: 1,016m2 PRICE: 4.950.000€

in gas BBQ. There is also access to a charming internal patio with

mature lemon trees and fragrant plants. Further there is an orchard with various fruit trees and a vegetable garden, as well as a secondary kitchen used for entertainment. Each of the five bedroom suites comprises a uniquely conceived bedroom and accompanying bath or

wet room. The master bedroom suite contains a majestic bedroom with a fireplace, his and her dressing rooms, a study and a state of the art bathroom. Staff accommodation, separate from the main house, is a self-contained apartment with a spacious kitchen, sitting room, terrace and a bedroom and bathroom suite.

The breathtaking views from the terraces and gardens that surround the property are unparalleled. To the northeast is the emblematic ‘La Concha’ mountain and surrounding peaks, to the south are the

shimmering Mediterranean and the bustling Marbella coastline. The

property combines an esteemed address with an ease of access to local sports, particularly golf and tennis, world class dining and shopping.

Just 40 minutes by motorway from Gibraltar and 45 minutes from Málaga international airport.

69

frontline golf living L os N aran j os G olf N u eva A ndal u c í a

T

otally awesome villa situated on an elevated frontline

On the upper floor there are three bedroom suites, including the master

communities of Los Naranjos Golf. A golf club is round the

with double vanity and a bath tub. All the bedrooms share the wrap

golf plot within one of the most sought after night guarded

corner and the villa is strategically located in Nueva Andalucía with all kinds of professional, commercial and school facilities

just five minutes away. The property boasts endless golf views from all levels, which appear to be the extension of its own garden.

bedroom featuring a large dressing room and en-suite bathroom

around uncovered terrace with spectacular far reaching golf views.

The ground level houses two more bedroom suites and a multi-

function area. This floor also features a sauna/wellness or sports area with outdoor cool-down, all with direct access to the garden and pool with a decked area.

The elegant and tastefully decorated interiors begin with

This gorgeous property was built using the best contemporary

living room with dining area connected with open style totally

and modern tendencies inside.

the entrance hall with a powder room, a warmed by the fire equipped kitchen and laundry. The off lounge terrace leads down to the well kept garden with a large swimming pool.

70

DM3526 BEDS: 6 BATHS: 6 PLOT: 1,037m2 built: 670m2 PRICE: 3.495.000€

materials and keeping in mind its traditional architectural style outside

C ontemporar y comfort L a C erq u illa - N u eva A ndal u cia

O

utstanding design and quality materials have been

en-suite bathrooms, all of them with direct access to

Cerquilla, a marvellous and peaceful area. An automated

another one has a south-west facing terrace, a jacuzzi

used in this exclusive villa with sea views, situated in La

metal gate decorated welcomes visitors to this comfortable home that has undergone a complete refurbishment.

This three-storey property boasts a gorgeous lounge with

different ambiences and relaxing garden views. Here you

can also find an office that could be converted into another

bedroom, a guest toilet with adjacent shower, a dining area and a fully fitted kitchen with top quality appliances.

On the ground level, to the right of the entrance door

there are three bedrooms with built-in wardrobes and

the garden. One of the bedrooms has a bathroom,

and two showers, and the master bedroom boasts high vaulted ceilings, a spacious dressing area and a private south-east facing terrace. On the top floor,

accessed by a staircase with metal panel balustrade,

DM3507 BEDS: 5 BATHS: 5 PLOT: 2,560m2 built: 975m2 PRICE: 5.900.000â‚Ź

there is a spacious bedroom with bathroom and shower, and a large office with two desks.

The property features home automation system, heated and salt water swimming pool, video entry

phone, fireplace and under floor heating with solar panels throughout the house.

71

M agnificent apartment N ew G olden M ile - E S T E P O N A

T

o say this stunning apartment in Las Dunas is unique is no

Las Dunas Park is a prime development located on a very private

unique amenities, but there is quite literally no other like it.

gated complex enjoys 24-hour security and

exaggeration, for not only does it feature beautiful styling and

This uniqueness stems from the fact that this property is a

bespoke home made up of two luxurious Las Dunas Park apartments joined up into one exquisite home. The space,

stretch of beach at the New Golden Mile, near Estepona. This exclusive

is set within its own

immaculate parkland landscape, designed in a wide V-shape to make

the most of views across the manicured grounds to the large heated swimming pool and the sparkling Mediterranean.

facilities and ambience thus created is of the highest standards,

Beach clubs, chiringuito seaside cabana bars, golf courses and the chic

replicating the opulence of the finest Marbella villas yet with

equestrian centre. Created out of two spacious properties, the apartment

evoking the grand apartments of New York and Paris, and all the conveniences of a concierge apartment.

little commercial centre of Laguna Village are all close by, as is a leading

now forms a singularly spacious and beautifully appointed home within this private complex, encompassing an elegant entrance hall with cloakroom that leads on to a series of lounges and reception rooms.

72

Ambient and refined, they include various sitting areas, one with a

This also applies to the materials so tastefully

bar, informal and formal dining rooms, a wine cellar and intimate

and slate flooring, marble bathrooms and stone walls.

remote controlled movie screen and film projector, as well as a large reading corners. All connect with a covered lounge, relaxing and dining area that bridges the indoor and large outdoor terraces, allowing light to flood into the house and easy movement between the areas.

A stunningly stylish kitchen adds further warmth to this ambient

home, which also features four magnificent bedroom suites with dressing areas, anterooms made for reading or working, and elegant bathrooms each with stained glass windows that let in softened light.

employed in the home´s dÊcor, which feature wooden Though the property has a Jacuzzi and inspiring

views from the large terrace, it can also be sold with

DM3113 BEDS: 4 BATHS: 4 built: 601m2 PRICE: O.A.

a fantastic private beach cabin hut near the pool

deck. The latter comes complete with its old storage, private terrace, kitchenette/bar and lounge/dining area, adding yet another unique feature within metres of the beach.

With under floor heating, localised air conditioning, fireplaces, security systems and advanced home automation, this is a jewel to behold.

73

CHARMING HOME L A Q U I N TA - B E N A H AV I S

C

harming Andalusian style home situated on a beautiful

The grounds are immaculately presented with

prestigious residential address in La Quinta with 24 hour

home’s large terraces offer dining areas on both sides

front line golf position. Located within a gated, peaceful and security. Several golf courses, Puerto Banús, Marbella and beautiful beaches are found at only a 5 to 15 minute drive.

The property is set on an elevated position allowing the villa to enjoy both beautiful golf views and an uninterrupted panorama of the surrounding countryside.

74

a

mature

garden

and

pool

area

while

the

and a chill-out seating area with views across the golf to Marbella’s La Concha mountain.

DM3370 BEDS: 4 BATHS: 4 PLOT: 1,284m2 built: 247m2 PRICE: 1.350.000€

MODERN LIVING CONDES DE LUQUE - BENAHAVIS

T

HIS exclusive villa is located in Condes de Luque, a prestigious residential community with 24-hour security, just 40 minutes drive to Málaga and Gibraltar airports and only 15 minutes

day and offers lovely views over the golf course and the coast.

from the centre of Marbella. Puerto Banús and its services

Spread over two floors and a basement, the villa

its intelligent combination of Mediterranean architecture and

ceiling windows. Amenities such as a home cinema,

are only a 10 minute drive away. The property stands out for

contemporary design, resulting in a home with exquisite taste and style. Its excellent southwest orientation means that the property enjoys direct sun light throughout most part of the

features spacious rooms, high ceilings and floor to billiard rooms, bar, gymnasium, heated indoor

DM2799-01 BEDS: 5 BATHS: 5 PLOT: 1,256m2 built: 891m2 PRICE: 3.600.000€

pool and Jacuzzi make this property a great home

for contemporary comfortable living and ideal for entertaining guests.

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CONTEMPORARY HOME SIERRA BLANCA - MARBELLA

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ocated in one of Marbella’s most sought after residential areas, Sierra Blanca, is this recently refurbished and

modernised property. Sierra Blanca’s fabulous views and its closeness to Marbella centre (only a 3 minutes drive up

the hill from the iconic copper tower located on one end of

Marbella) have made this area highly popular among those seeking tranquillity and security (there is 24 hour security,

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DM3198-01 BEDS: 5 BATHS: 5 PLOT: 1.314m2 built: 881m2 PRICE: 3.500.000â‚Ź

surveillance cameras and the area is closed off at night time with security barriers) yet proximity to all amenities and beaches.

The villa boasts lovely views of the coast and beautifully manicured

gardens. Features such as indoor and outdoor pools, gymnasium, Jacuzzi and the possibility to include a wine cellar or billiard table provide great entertainment areas.

The spacious living-dining room with fireplace offers great coastal

views, while the open plan kitchen adds to the sense of space and comfort the property enjoys. Two guest bedrooms are found on ground

level and the master suite plus another two more guest bedrooms are found on the first floor.

Additional

features

include

marble

flooring

throughout,

air

conditioning, under floor heating, solar panels and a lift to all floors.

There is room at basement level for staff accommodation.

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MODERN DESIGNER HOME SIERRA BLANCA - MARBELLA

S

uperb semi-detached villa featuring avant-garde styling infused

with

classic

modernist

genius

and

Japanese

inspiration. This corner property is graced with the best

location within the complex, offering uninterrupted 360 degree views that encompass both the mountain and the

coastline, Gibraltar and African mountains beyond. The lush

and protected natural surroundings of the development ensure total privacy. It is only minutes away from the centre of Marbella, Puerto BanĂşs and the golf courses.

Clean white lines that simultaneously reflect variety of design and detail combine with high-quality wooden decking, a

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stylish private plunge pool, nautically inspired chrome railings and wooden architectural detailing to create effect. The property also features a private terrace from the main bedroom and an expansive

windows become a singular design element that is a thing of beauty.

rooftop terrace to enjoy the panoramic views.

For

Inside you will find the spacious, refined feel of open-plan living areas

this is the ultimate answer. Living within a design

that connect with a state-of-the-art kitchen as well as the outdoor

decking. The first floor is home to two beautifully proportioned bedrooms ensuite with sumptuous contemporary bathrooms with

sunken Jacuzzi bathtubs, whilst the main bedroom suite adds another

people

who

love

modern

design,

the

sophistication of a villa and ease of maintenance, statement is one thing, but clever design ensures

DM3435 BEDS: 3 BATHS: 3 INTERIOR: 504m2 TERRACE: 319m2 PRICE: 2.600.000â‚Ź

that form meets function in this home that is as practical and comfortable as it is impressive.

level of luxury that also includes a large walk-in dressing room. In

the living room even the fireplace, stairs and large panoramic

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EXCEPTIONAL HOME LOS PICOS - MARBELLA

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ontemporary

luxury

property

nestled

within

the peaceful residential area of Los Picos in Marbella.

Situated at just a short driving distance to Marbella

centre, the beach and Puerto BanĂşs, Los Picos is a

private and gated community comprised of just a few luxury villas set at the foothills of La Concha

mountain and within the backdrop of a green protected area.

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DM3043 BEDS: 5 BATHS: 4 PLOT: 2,121m2 built: 1,088m2 PRICE: 3.500.000â‚Ź

Completed in 2003, this tempting estate fulfils all expectations of what

Features such as a spacious kitchen with breakfast

looking for privacy and seclusion yet only a few minutes drive from

floor, staff accommodation, a stunning cinema room

a luxury property should be and constitutes an ideal home for those the beach and all amenities.

Of a contemporary traditional Andalusian design on the outside, the

interior of the villa is of modern design and it has a very functional

area, an office, two guest bedrooms on ground and gym, gas-oil under floor heating and Iroko carpentry provide the necessary ingredients for comfortable family living and entertaining.

layout that will appeal to a family with children.

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L O V E LY F A M I LY H O M E - B A L C O N E S DE SIERRA BLANCA - MARBELLA

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ONTEMPORARY andalusian style villa located in one of

Built on three levels, this family villa features a highly

of Sierra Blanca, at a short drive to the centre of Marbella

skylight that leads on to the lounge with fireplace,

Marbella’s most desirable areas within the select vicinity

and Puerto Banús. Due to its elevated position and its south facing orientation the property offers great views of the lush surroundings and the sea.

original circular entrance hall with a round transparent

dining room and fully fitted kitchen with Gaggenau appliances.

The home enjoys a private garden with a BBQ area surrounded by palm trees and a swimming pool.

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DM3332 BEDS: 4 BATHS: 3 PLOT: 812m2 built: 492m2 PRICE: 1.800.000€

International lighting and home cinema specialists

For the highest quality personalised planning, design and management of all your lighting and home entertainment projects call +34 951 913 407

www.amcprojects.com

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S P E C I A L I Z I N G

Avda. Cánovas del Castillo 4 Te l : + 3 4 9 5 2 7 6 5 1 3 8

•

I N

•

B E A U T I F U L

1st. Floor, Office 3

Fax:+34 952 771 871

•

•

29601 Marbella

H O M E S

•

Málaga, Spain

email: info@dmproperties.com

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