The Marbella Property Magazine 2017

VOLUME 9

PUBLISHED BY PANORAMA, MARBELLA’S LONGEST ESTABLISHED REAL ESTATE AGENCY

Villa in La Zagaleta ¡ Ref: 9563 ¡ page 84

Four generations dedicated to the real estate profession since 1904 The longest established real estate agency in Marbella A highly professional multi-lingual team Caring personalized service Specialist in Marbella’s Golden Mile and the greater Marbella area Associate agency of Savills for the greater Marbella area Regulated by RICS

Offices at Puente Romano Hotel and opposite the Marbella Club Hotel Tel. +34 952 863 750 info@panorama.es

An International Associate of Savills

Letter from

THE PUBLISHER Dear Reader, Never in our 47 years in Marbella have we witnessed so much activity, and so many people, in Marbella as in the winter months of 2016-2017. It often felt comparable to the number of visitors in the summer season twenty-five or thirty years ago!

In this magazine, you will find our Marbella Property Market Report, which we publish annually, an article about Panorama’s first years in Marbella, titled Marbella of the 1970’s (page 20), and feature articles on special homes. In the second half of the magazine, you will find an amazing sample of properties on our books at the time of printing this magazine, followed by our classic articles for buyers and sellers and great aerial maps showing the locations of popular Marbella complexes and neighbourhoods.

Due to year-round sales activity we have once again expanded our sales team and also opened a Client Services Department.

In reflecting on Panorama’s many years in Marbella, I am proud to head an agency which is not only long-lived, but that has become stronger year after year, and is exceptionally qualified compared to most of our competitors: a Royal Institution of Chartered Surveyors (RICS) qualified agency; an associate of the powerful international agency Savills, with over 700 offices and associated agencies around the world; a highly trained sales and support team speaking 11 languages; probably the best portfolio of properties in the area, all fully documented on our database; and of course a total

adherence to the very highest standards of professionalism. Additionally, I was personally invited to become a RICS Fellow (FRICS) by the Eminent Route in 2015, lending further credentials and strength to our agency.

However, at the end of the day, it is the quality of our highly educated sales and support staff and our ability to work together as a team which sets Panorama apart from our competitors and to whom we owe our success: teammates who share on the highest level my family’s values of service and dedication to our profession.

This publication is produced entirely in-house by our own team, under the strong hand of the brilliant Cheryl Gatward, our external graphic designer. My special thanks also to my son Alex and daughter Katinka, for their hard work in leading this effort, as well as Elena Escribano and Carolina Alaniz, for their excellent collaboration.

Christopher Clover Managing Director, Panorama Properties

VOLUME 9

6 The Marbella Property Report 20 Marbella of the 1970’s 38 The Savills Connection 42 Panorama International 43 An agency regulated by RICS 44 La Perla Blanca 50 Fabulous Mansion 54 New Developments 64 Beachside Brilliance 69 A selection of Panorama Properties 176 Rentals Department 182 Seller’s Guide 186 Buyer’s Guide 190 Aerial Photo Maps of Marbella

Edita / Published By: Panorama Properties S.L. Tel: (+34) 952 774 266 www.panorama.es Fecha de Publicación: 7 de abril de 2017 Domicilio Social: Edif. Centro Expo, Blvd. Alfonso de Hohenlohe, s/n 29602 Marbella, Málaga, España Depósito Legal: MA-4432004 PANORAMA y el logotipo de Panorama son marcas registradas. Marbella Property Magazine es una marca registrada.

Publisher: Panorama Properties, S.L. Editors: Alex Clover, Christopher Clover, Katinka Clover Production Manager: Alex Clover Production: Katinka Clover, Elena Escribano Art Direction & Design: Cheryl Gatward for Next Idea S.L. Layout: Sarah Gatward for Next Idea S.L. Professional Photography by: Wayne Chasan, Charly Simon, Daniel Posner, Pedro Jaén, MiMove, Property Sales Tools Contributors: Christopher Clover, Alex Clover Proofing: Carolina Alaniz, Irene Sierra, Sarina Garber

Cover photo: by Charly Simon, for further information on the property see our feature on page 82.

Advertising enquiries: Please call Alex Clover at Panorama’s headquarters on Tel: (+34) 952 774 266 Impreso en España por Jiménez Godoy. Copyright © 2017 Panorama Properties S.L. Todos los derechos reservados.

Ninguna parte de la presente publicación, su formato o la información en ella contenida puede ser reproducida, vendida, traducida, transmitida o retenida en ningún tipo de sistema de almacenamiento o de recuperación de información sin el consentimiento previo por escrito del editor. Se ha hecho todo lo razonablemente posible para asegurarse de que la información contenida en la presente publicación sea exacta. No se acepta, sin embargo, responsabilidad alguna por cualquier perjuicio sufrido, de la forma que fuere, por cualquier sociedad o persona que confíe en la información aquí incluida.

Tampoco se acepta responsabilidad alguna por cualquier error u omisión o cambio en la información contenida en la presente publicación.

The information contained in this magazine is provided in good faith and believed to be accurate at the time of publication. Nevertheless, it is subject to error or omission, and the properties advertised are also subject to prior sale, price change or withdrawal from market. Legal diligence files are available for every property visited by a client. Energy certificates for each property are available upon request.

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Photo Michel Gibert, used as a reference only. Special thanks: TASCHEN. Architect: www.christophebernard.eu

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Marbella Property MARKET REPORT 2017

By Christopher Clover, FRICS

Christopher Clover has been writing about Marbella property for 47 years.

It is fascinating to see yet another property market cycle commencing in Marbella and the Costa del Sol in general, known for decades as the California of Europe.

Marbella is unquestionably the most sophisticated city on the Coast and one of the highest quality environments of the entire Mediterranean Basin.

During the following years, most waited year after year for the market to touch the bottom.

As a result, a strong bottled-up demand from international buyers developed.

The Market touches bottom in 2011

Residential tourism, that is, tourism based on the purchase and occupancy of second or retirement homes, is one of the many important factors behind the evolution of southern Spain’s most famous stretch of coastline over the last 70 years.

In 2012 and 2013 increasing market activity made it clear that the market had indeed reached its lowest point in 2011, and there was an influx of bargain-seekers rushing to secure properties before prices started to rise. This resulted in a dramatic increase in sales in the subsequent years as reflected in the chart below, with the peak of a 28% increase occurring in 2014 over 2013 sales.

Recent Market Evolution

Sales leveling off

When the bubble burst towards the end of 2007, most buyers were already wary of prices that had become unrealistically high.

This year-on-year increase started to taper off in 2015, reaching only 9.83% in Marbella that year. In 2016, this trend continued and

Total Number of Residential Sales Transactions per Municipality 2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

Benahavís

650

633

438

559

422

311

593

533

711

733

624

Estepona

1,788

2,581

1,721

1,086

1,154

1,248

1,490

1,673

2,113

2,044

2,119

Marbella

4,432

3,568

2,116

2,199

2,389

2,259

2,519

3,115

3,997

4,390

3,996

Total

6,870

6,782

4,275

3,844

3,965

3,818

4,602

5,321

6,821

7,167

6,739

Source: Spanish Ministry of Public Works www.fomento.gob.es

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Marbella’s Longest Established Real Estate Agency

Total Number of Residential Sales Transactions Since 2006 8000 7500 7000 6500 6000 5500 5000 4500 4000 3500 3000 Source: Ministry of Public Works fomento.es

2500 2000 1500 1000 500 100 2006

2007

2008

Marbella

2009

2010

2011

Estepona

there was even a decrease in sales volume of 8.97% over the 2015 sales. Taking the three municipalities of Marbella, Estepona and Benahavís together, there was a drop of 5.97% on the official index of number of sales in 2016 compared to 2015.

Careful analysis shows that an adjustment in the sales volume after such a deluge of purchases is perfectly normal. Since 2012 most of the distressed properties have been sold even though there remain some excellent bargains in all price categories and most areas. The majority of buyers who had waited so long were finally able to buy confidently at exceptional prices. Now that the dust has settled, the volume of sales has

2012

2013

2014

Benahavís

2015

2016 Total

naturally readjusted to the figures we saw in the pre-crisis years of 2007 as the enclosed graphs illustrate.

Purchases off-plan or under construction not included in official statistics Officially, “sales” do not occur until the title deeds (escrituras) are issued. The sales of hundreds of properties off-plan or under construction during recent years are consequently not included in the official statistics of the year in question but at the same time, represent an integral part of an analysis of market activity. See the section “New Properties” below.

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Year on Year Comparison of Number of Residential Sales Transactions in Marbella, Estepona and Benahavís 100%

Marbella

90% 80%

Estepona

70%

Benahavís

60% 50% 40% 30% 20% 10% 0% -10% -20%

2016 2016 vs vs 2006 2007

2016 2016 2016 2016 2016 2016 2016 2016 vs vs vs vs vs vs vs vs 2008 2009 2010 2011 2012 2013 2014 2015

Source: Ministry of Public Works fomento.es

Brexit Perhaps the most important factor affecting the property market in the Marbella area and Spain itself in 2016 was Brexit.

Many UK nationals took an understandably cautious “wait and see” view, after the unexpected majority vote for Brexit on June 23, 2016. Comparing the fourth quarter figures of 2015 with those of the fourth quarter of 2016 (the full 2016 figures include the half year before Brexit and are therefore not representative), 23.95% of the sales made to foreign citizens in Spain in the last quarter of 2015 were made to citizens of the UK compared to 16.40% in the last quarter of 2016, a decrease of 31.52% which one can fairly attribute to Brexit1.

However, interestingly, of the 436,537 properties sold in Spain in 2016, sales to foreigners in 2016 represented 13.25% of the 1

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whole, slightly higher than the 13.18% of 2015: the increase of other international buyers in Spain more than compensated for the drop in UK buyers (see the comparative chart opposite).

This is just another example of the special strength of a multi-source market that has always been prevalent in Marbella and other resort areas of the world with buyers from many different countries and economies: when the market of one country cools off, others step up to take its place, just as in 2015 when we witnessed a sharp decrease in the Russian market and a simultaneous sharp increase in the British market before Brexit.

Source: Registradores.org/ Registradores de España

Marbella’s Longest Established Real Estate Agency

Further market observations relative to Brexit: • The drop in the value of the pound sterling, a direct result of Brexit, makes buying property more expensive for those counting their assets in that currency. We are seeing buyers today who can perfectly afford to pay the full price in cash without bank financing who are now reverting to mortgages to hedge the exchange rate issue, as well as to take advantage of historically low interest rates in Spain.

• On the other hand, UK vendors are more ready to negotiate their sales price since euros buy more pounds today.

• Health care reciprocity is a concern for some UK citizens thinking of buying Spanish property as well as some who already own properties here who depend upon the public health services.

• Clearly the evolution of the UK economy will be a major factor affecting demand for properties in Spain, in particular, with prices under €500,000.

• Some UK buyers of larger homes intending to settle here permanently and perhaps run their businesses from their home may delay their purchase, even though many others will proceed with confidence with their plans.

Market Composition in Spain of Foreign Buyers by Nationality and Percentage Change Nationalities

4th Qº 2015

Source: Colegio de Registradores registrados.org

United Kingdom

23,95%

16,40%

-31,52%

France

8,17%

8,5,%

4,41%

Germany

7,79%

9,16%

17,59%

Sweden

6,00%

6,40%

6,67%

Belgium

5,66%

6,25%

10,42%

Italy

4,19%

5,72%

36,52%

China

3,88%

4,23%

9,02%

Romania

3,81%

4,49%

17,85%

Russia

3,00%

2,90%

-3,33%

Norway

2,71%

2,42%

-10,70%

Morocco

2,44%

3,43%

40,57%

Holland

1,82%

2,74%

50,55%

Ukraine

1,71%

1,51%

-11,70%

Switzerland

1,41%

1,47%

4,26%

Ireland

1,41%

1,25%

-11,35%

Algeria

1,10%

1,36%

23,64%

20,96%

21,73%

3,67%

Rest

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4th Qº 2016 4th Qº 2016 vs.

4th Qº 2015

• It is important to note that UK citizens will have exactly the same rights to buy properties in Spain after Brexit as before, and procedure for obtaining residency permits for stays longer than three months will be the same as that which applies to over 1,400,410 other nonEU country citizens with residence permits in Spain2.

• In summary, the evidence would suggest that even though citizens from the UK will continue to be the largest single nationality purchasing Spanish and Marbella real estate for the foreseeable future, Brexit will obviously continue to influence the market and numbers of UK buyers will diminish in the short and medium term, compared to prior years.

Source: http://extranjeros.empleo.gob.es

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Further reflections on the Marbella area property market in 2017:

Registered Property Purchases by Foreigners in Andalucía in 2015

Nationalities of buyers in Andalucía

Prime land prices are rising as availability diminishes. Construction costs in the Marbella area are conservatively estimated to have increased at least 10% in the last three years.

Buyers are in general more sophisticated and demanding As the fame of the incredible lifestyle in the Marbella area continues to spread, new buyers entering the market are finding an amazing number of new projects and individual new-build properties for sale of a substantially higher quality than in the past. We have also noted that buyers are prepared to pay a premium for refurbished or immaculate new properties where they 3

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Sweden 9.47%

Germany 4.29%

nd 2.6 roc co 1 2.6 % 8 Norw % ay 3.

78%

lla

According to data published on March 8, 2017 by the Spanish Instituto Nacional de Estadisticas, the price of private (unsubsidised) housing rose in Spain by 4.7% on average in 2016, which represents the third consecutive annual increase following six years of decreases and the highest rise since 2007.

8% 2.4 % k ar .48 m 2 n a De si s Ru

Mo

Prices are going up again

United Kingdom 28.45%

Rest 31.67%

Ho

Different regions of Spain are attracting different foreign markets. It is interesting to see the summary of nationalities last published in 20153. In Andalucía as a whole, the Swedish market is second to the British, with the Belgian market running third, whereas in the Balearic Islands, for example, the German market is first, the UK market second and the Swedish market is third.

Belgium 7.42% France 4.67%

Source: http://www.registradores.org/Anuario2015

can move in right away, and many are more reluctant to undertake refurbishment of older properties, leaving that job for the many investors who are specializing in that field.

Over-optimistic pricing by some vendors of resale properties Now that there is once again a healthy market, even if it is, as in most resort areas, slow compared to big city property markets, an over-optimistic attitude has developed with some vendors of resale properties who have priced their properties at such a level that they are not enticing potential buyers even to view them. Consequently, their properties may not be reaching the market place.

Sellers who really want to sell within a realistic time frame are seeking out

Source: http://www.registradores.org/Anuario2015

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qualified agents who will provide real market comparables, either for sale or already sold and work together to establish a realistic asking price of their property along with a sensible marketing strategy. See our article with tips for vendors on page 182 of this magazine.

New property developments After the virtual absence of new developments since the middle of the last decade, savvy developers started snapping up prime development land in 2012 and 2013 and quickly applied for their building licenses, resulting in hundreds of new properties, in many different projects, being sold off plan or under construction and already “sold out” in 2015, 2016, and the first part of 2017.

To put an approximate number to the above, and help gauge sales activity of new builds, Panorama surveyed 20 new developments in Marbella and adjacent municipalities comprising apartments, townhouses, or groups of villas, that were under construction and have either sold out or have phases which have been sold out, in the years 2015, 2016 and early 2017. 705 units were reported as sold at prices ranging from €156,000 to €2,500,000. This figure does not include the sale of dozens of newly built or renovated individual villas under construction or remodeled during these years.

In addition to those properties, we have compiled a list (intended only to be indicative of trends and not all-inclusive) of 53 new developments in Marbella, Estepona, Benahavís and Ojén which are for sale as of April 2017 and either being sold off-plan, under construction or completed. These new projects offer properties in the price range of €199,000 to €3,800,000 and represent a total of 1,944 properties, many of which are already under contract for sale.

Many new developments are coming onto the market in the greater Marbella area, see our feature on page 54

If one adds new projects in Mijas, Fuengirola and Benalmádena, the figure jumps to 77 new developments and 2,626 properties with prices starting from €167,000.

Scrapping of the 2010 General Plan The annulment of the 2010 General Plan and reversion to the old 1986 General Plan (PGOU) has certainly influenced the Marbella property market. Among the many repercussions has been a reduction of development land and single family plots qualified for building, even though there is still land available for the development of approximately 17,000 living units, according to the Town Hall (Diario Sur, March 13, 2016). So it’s unlikely that Marbella will run out of development land in the next three or four years.

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Major international funds are for the first time investing hundreds of millions of euros into purchasing land Delays in issuing building licenses Although the Town Hall is doing a good job in many areas such as security, rubbish collection, cleaning, roads, beaches etc. and despite the fact that there is enough qualified development land under the 1986 General Plan, the department of Urban Planning that grants building permits (Urbanismo) which in turn has to recommend them to the Town Council for approval is suffering serious delays – some are even calling it a paralysis4.

Property developers, and those wanting simply to build their own home on their own plot, agree that these delays are punitive in nature.

This has encouraged buyers to purchase land in the neighbouring municipalities of BenahavĂ­s and Estepona where the process is quicker: in these municipalities building licenses can be issued in around three to four months from the submission of the project, whereas right now in Marbella we are told the procedure can often take more than a year.

The serious delay in the concession of 4

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building permits in Marbella is causing incalculable damage to investors who bought development and building land in good faith, and indeed, to the very image of Marbella itself and is a separate issue to the annulment of the 2010 General Plan and the urbanistic chaos in Marbella suffered over the last fifteen years.

Whatever the cause of the blockage and delays in the concession of building permits, and irrespective of internal problems in the Town Hall, those who apply for building licenses have every right to expect a rapid and efficient procedure leading to the issuance of building licenses on qualified building sites within a time frame similar to adjoining municipalities and others throughout Spain. The Town Hall has the obligation to provide strong and effective leadership to achieve that end.

Major funds are buying residential development land Major international funds are for the first time investing hundreds of millions of Euros

Source: Diario Sur 02/11/16 and 23/01/17

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Everything happens in happiness

Mallorca Ibiza Marbella Madrid Valencia

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into the purchase of development land on the Costa del Sol, with emphasis on the quality end of the market between Marbella and Sotogrande. With historically low interest rates, investment in land and development promises investment yields far greater than that obtainable elsewhere.

These investments are a major indicator of confidence in the future of the market for second and retirement homes in this unique area renowned for its incredible year-round weather, healthy lifestyle and high quality environment. As a result, virtually all of the prime development sites in Marbella have been sold, with new projects currently in the planning stage.

Quoting from an original article published in Diario Expansión on March 10, 2017: “The recovery of the residential market is starting to take shape in certain autonomous regions and international investment funds are positioning themselves to benefit as the boom takes hold (…) and as they await the reactivation of the sector, several of the funds have made in-roads. Värde, Lone Star, Castlelake, Texas Pacific Group, Apollo, Cerberus and Kennedy Wilson are just some of the stars of the new residential market.

These funds maintain their presence in the residential market in several ways: as holders of debt, as servicers and as owners of the new generation of property developers, which are much more professional than their predecessors.”

Tourism is again breaking records The number of tourists coming to Spain rose in 2016 by 10.3% from 2015’s record high, to reach yet another high of 75.6 million visitors, of which 23.6% were from the UK. Press reports have shown that arrivals in Málaga airport increased by an impressive 15.7% over 2015, to 16,672,776 passengers,

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The number of tourists coming to Spain rose in 2016 by 10.3% highlighting the primary importance of the province of Málaga and the Costa del Sol in tourism in Spain and in Europe.

Clearly, Spain is benefiting from security concerns in other parts of the world such as the Middle Eastern countries, where many or most are not prepared to travel, in addition to the classic reasons of safety and quality of environment which Spain, and Marbella in particular, represent.

In Marbella, the fact that a major hotel group owning two important beachside hotels in Marbella, is said to have had a record year for occupancy and income in 2016 speaks for itself. Marbella is receiving record numbers of foreign tourists, with the Spanish tourism level still well behind the level of 2006.

Marbella has never looked better than it does today and the optimism in the air is contagious. Historically, we have witnessed for more than a half a century how real estate investment is a direct beneficiary of quality tourism.

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Demand for villas over €4,000,000 A brief survey of the owners of the major estate agencies in the Marbella area came to the unanimous conclusion that the market for properties over €4,000,000, instead of increasing in 2016 as everyone (including ourselves) had predicted, actually decreased in 2016 even though it is showing very good signs of strength in 2017. Estimates by main agents in Marbella of the number of these properties sold in 2016 are in the area of only 20 to 25 properties, even when leaving a margin for units that changed hands privately.

“There still remain some wonderful buys in all Big money speaks, and money price attracts categories money but especially below €1 million.”

There are some amazing properties built for the top end of the market today, built by outstanding architects showing more stylistic influences from beyond Spain than ever before, with a strong contemporary trend having firmly taken root. We have always believed that an important element of the future of the Marbella area market is the top end of the market and that eventually prices will climb toward the levels of the Côte d’Azure. This will come in time, and also as the exceptionally high quality, luxurious properties currently reaching the market attract new top-end clients who were unable to find this type of property in the past.

Has the market fully recovered?

No, not fully, despite healthy market activity and having left the market crisis behind years ago. New developments, carefully planned and designed for their target market are selling very well. Resale activity in the most consolidated, prime residential areas has been as good as at any time in Marbella’s history, with new or refurbished properties sometimes achieving prices above the 2006-2007 highs.

In most other areas of Marbella and adjoining municipalities, the market has progressed well, there is solid market activity, but there are still many exceptionally well-priced resale

properties waiting for the right buyer.

One of the many big differences in the market today, compared with that of 2011 and the years preceding, is that there is a good market demand in all price categories and property types. Selling any property today is therefore only a question of price. Before, when vendors dropped their prices, often no offers were forthcoming. Now, when vendors fix their asking price to the right level where their properties are perceived as very good value for money, there is an almost instant response in the marketplace.

What does the future hold?

• Big money speaks, and money attracts money: the vote of confidence represented by the investments of important international funds and developers in the Marbella area serves not only to ensure future, well-planned, higher quality property developments but also to attract further investors and individual buyers, generating market confidence all around.

• Market analysis would lead us to conclude An International Associate of Savills

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Marbella now has a 12-month season unlike any other resort city in the Mediterranean Basin (all other factors being equal) that the next few years will probably be characterized by a gradual development and growth of the area rather than a market heading for overheating as before, all depending of course on the economic evolution of the world and the different countries whose citizens comprise the markets for Marbella area real estate.

• The last three to four years have witnessed an expansion of the Marbella area’s touristic “shoulder seasons” where the autumn activity is lasting longer, and spring activity is starting earlier. With a core population of around 300,000 in the low season months, Marbella’s restaurants, most hotels, sporting facilities (including more than 40 golf courses in Marbella and nearby) and nightlife remain open and active, creating a 12-month season unlike any other resort city in the Mediterranean Basin. The tendency towards the lengthening of the shoulder seasons will no doubt continue as it has very gradually for the last fifty years, and will serve to fuel the

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growth of property sales in the coming years.

• The old model of property development of the boom days, where developers would build almost anything and it would sell quickly, moving on rapidly to the next promotion is, thankfully, buried. A more sophisticated, experienced and caring developer has taken its place, truly keen to give excellent value for money to its purchasers, investing far more time and effort into producing properties of higher quality construction than in the past, tailored to a more refined, varied market requirements and demand. The rewards are already becoming apparent: rewards for the developers with projects already underway who are enjoying substantial success in sales, and rewards to purchasers who are finally receiving an increasingly broad choice of new quality properties with different characteristics, prices and locations.

• The growth of sales in neighbouring municipalities of Marbella will continue unabated and Marbella’s growth will

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continue, perhaps at slightly more leisurely rate than its neighbours until the delays in the issuance of building licenses in Marbella are resolved, which might take another two or three years if appropriate steps are taken.

• The Spanish national market share, easily 35% before 2007, now probably around 20%, historically, comprised the foundations of Marbella’s property market. As the Spanish economy continues its recovery, so this sector of the market will increase.

• The “top end” of the market will show increased activity as new, beautifully designed and very well-equipped properties are completed and put on the market.

• Those resale properties that are sensibly priced and well-marketed in all residential areas of Marbella and its outskirts, will sell more quickly than in past years, as the demand for properties increases.

There really is no place like Marbella Panorama targeted the Marbella area already in the late 1960’s as a “special place for special people” (our slogan at the time) which is precisely why we opened our office here in 1970 (see our feature article, Marbella of the 1970’s: Our First Years, on page 20).

In addition to its incredible climate, Marbella has had no-nonsense, sensible development policies fostered by its founding fathers and first property developers over 60 years ago, comprising relatively low building volume and ample green zones, compared with the concrete jungles in most of the other coastal resorts of Spain.

These factors, coupled with excellent municipal services and security, good infrastructure, over 40 golf courses within a 20 minute drive, tennis clubs, other sporting facilities of all types, 3 leisure ports, and great

restaurants, all combine to make Marbella the only resort area on the Mediterranean with an active 12-month season. This is why Marbella attracts quality people from all over Europe and the rest of the world.

A new era of Marbella property growth There is an important conclusion with respect to the greater Marbella area of today, including the adjoining municipalities Estepona and Benahavís: those who have watched and measured the evolution of this area for many years believe, almost universally, that this part of the Costa del Sol is at this very moment at the dawn of a new Golden Age. Copyright © 2017 Panorama Properties S.L. My gratitude to our sales coordinator, Alfonso Muñoz, for his excellent research which provided the statistics for the new property developments mentioned in this report, and to my personal assistant Carolina Alaniz for her invaluable support.

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Marbella of the1970’s:

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Our First Years LAYING THE FOUNDATIONS OF PANORAMA

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By Christopher Clover As a preface to the story of Panorama’s first years in Marbella, I would like first to provide some insight into why Marbella became so attractive to us in the first place back in 1970 that we decided to open an office here.

The beginnings It was 1946, The Spanish Civil War had ended some seven years before. Marbella was a village with less than 10,000 inhabitants and with a very interesting history. In the middle of the village there was (and remains) an old Moorish castle dating back to the 9th Century and Roman ruins throughout the municipality.

La Concha mountain towered in the background, creating a unique micro-climate, The wedding of Prince Alfonso and giving Marbella the best weather of any village Ira von Fürstenberg, 1955 in Europe.

Goizueto who owned an immense tract of land of 350 hectares in the area. Over the next two years Ricardo built and opened Marbella’s first bungalow hotel in 1945, the Hotel El Rodeo, and enticed his many friends to visit the area.

In 1946 he invited his nephew Prince Alfonso von Hohenlohe, and Alfonso’s father Prince Maximilian Egon von Hohenlohe-Langenburg, to see and experience Marbella first hand.

Alfonso was the son of a well-known German aristocrat, whose family dated back to the With the above seed elements, Marbella evolved to become one of the most high profile 6th century. His mother, the Marquesa de Belvís de las Navas, was equally well-known resort cities on the entire Mediterranean. in Spain. His godfather was Spain’s King But not without a lot of help along the way: Torremolinos, and many other towns along the Alfonso XIII. This lineage, coupled with Uncle Ricardo’s pioneering vision for Marbella, made Spanish Coast, were beautiful villages then it very easy for Alfonso to follow and continue also, and look at what happened to them!

Ricardo Soriano’s path.

Marbella’s original promoter was the Marbella was then about two hours’ drive versatile, multifaceted Spanish aristocrat from Málaga, along a terrible two lane coastal Ricardo Soriano Sholtz von Hermensdorff, road, and Alfonso and his father showed up in Marquis of Ivanrey who in 1943 purchased a 2 an old Rolls Royce with a motor powered by finca called El Rodeo measuring 220,000 m (22 hectares) from his friend Norberto a charcoal burning conversion kit, due to the The larger tracts of land at the time were owned by five families: Juan and Enrique Belón, Juan Lavigne and Juan Lima, all from Marbella, Elvira Tallefer and her husband Salvador Guerrero from Málaga (Elviria was named after her) and Norberto Goizueta from Navarra (the founder of Guadalmina). The land was mostly tended by tenant farmers. The industry of the time was mostly agriculture, and iron ore and graphite mining.

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Marbella’s Longest Established Real Estate Agency

of people made it inevitable that in 1953, Alfonso decided to build a small hotel with 18 rooms adjacent to the converted farmhouse, surrounding a courtyard, much like the motels he had recently seen in the United States. He decided to call it the Marbella Club Hotel. The hotel opened its doors to the public in 1954 and immediately became a magnet for quality tourism. Count Rudi von Schönburg, a relative of Alfonso, who had recently graduated from Alfonso and his father built a beautiful, new the Swiss Hotel Management University in home on their land, and encouraged their Lausanne, joined Alfonso in 1955 as the Hotel’s friends to come and visit them. The original Director, and remains associated with the farmhouse of the Finca Santa Margarita was converted into a bar-restaurant-social club for Marbella Club today (read his wonderful article “The Beginnings of the Marbella Club” on our those who were living in the area, and in this manner the “Marbella Club” was born. These blog: www.panorama.es). were the first moments of the awakening of The original farmhouse has survived up to the Marbella as a major tourist destination. present day as the main bar and restaurant. shortage of gasoline in those post-war years.

Upon their arrival in Marbella, while waiting for Uncle Ricardo’s return from a fishing trip, they had a picnic lunch under the umbrella pine trees of the beautiful Finca Santa Margarita adjacent to the sea just west of the village. They fell so in love with Marbella, and with this finca especially, that they returned the following year and bought the property.

Through Alfonso, his father, his mother, and his Uncle Ricardo’s contacts, so many people started visiting the area (and the Marbella Club), that many were unable to find accommodation. Such an influx

Attracting the “big names” The wonderful microclimate of Marbella, its strategic location, the relative ease to get here, and the warmth of its people made

The Marbella Club Hotel around 1955

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The old Marbella Club Hotel pool area, around 1955

Marbella a magnet for those looking for a new, special location for their holidays.

Alfonso was certainly not demure in inviting everyone belonging to the jet-set of the time to the Costa del Sol’s first luxury hotel and, in no time, Marbella was The “In” Place of Europe. By the ‘60’s, there were many regular “famous” visitors to Marbella and the Marbella Club and a large number bought land to build their homes, sometimes from Alfonso himself. Some of these “big names” included: José Banús, who came to Marbella in 1962 and acquired the land of what is today Puerto Banús, and Nueva Andalucía (many called his vision “crazy” at the time!), Jaime de Mora, Manolo Lapique, Ignacio Coca, the founder of Los Monteros and the Río Real Golf courses, and other big names such as the von Thyssens, Princess von Bismark, the Füstenberg family, Mel Ferrer and Audrey Hepburn, the Duke and Duchess of Windsor, Prince Rainer of Monaco with Grace Kelly,

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Ava Gardner, Cary Grant, Laurence Olivier, Guy de Rothschild, Terry von Pantz, Deborah Kerr, Jimmy Stewart, Teddy Kennedy, Jean Negelesco, and many others.

Alfonso had successfully taken the seat of his Uncle Ricardo as the prime promoter of Marbella. Marbella had become a “special place for special people”, which was Panorama’s slogan in our early years.

Bridging the gap between Special Seaside Village and International Hot-Spot As a result of Alfonso’s promotion, together with that of his many friends who built new homes and developments in the area, the official population of the municipality surged from 12,156 in 1960 to 29,253 in 1970, but when Panorama arrived here in the early ‘70’s, there was still a “village feeling” about

Marbella’s Longest Established Real Estate Agency

By the late 1960’s Marbella had become a “special place for special people”, which was Panorama’s slogan in our early years.

Marbella, a small town full of interesting and friendly people. The key locations at the time – apart from the Old Town – were the Marbella Club, Puerto Banús, Nueva Andalucía, Los Monteros and Guadalmina; the last three with their respective golf clubs, all of which were built with their owners betting on the future of residential tourism (tourists who own Wedding of Princess Marie Lousie and Count Rudi in 1971 properties and live in them part of the year).

By the late 1960’s, Marbella had most of the ingredients to eventually become a major, quality holiday and residential tourist destination with a 12-month season, rather than simply a summer holiday resort.

However, for a town to be open year-round, with enough business for luxury shops, boutiques, restaurants, nightspots, leisure and amusement facilities, a minimum nucleus population in the winter “off-season” was required of around 150,000 inhabitants, between registered residents and the “floating population” of residential tourism.

This figure was not achieved until around 1996, when the “off-season” took on a life of its own, transforming Marbella into the only resort city on the Mediterranean Basin with a year-round season. Today there are between 275,000 and 300,000 residents in the low season in Marbella.

Chris Clover with Count Rudi recently

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Grace Kelly, Prince Rainier and Jose Banús at the inauguration of Puerto Banús

Marbella in the 1970’s experienced first-hand

inspection flights to the area.

The Marbella office was briefly headed by a retired English Captain, Phil Kelly, followed shortly thereafter by G. Bland Hoke, who had worked before in sales in our Washington D.C. office and today a highly successful real estate broker in Jackson Hole, Wyoming.

Bland’s principal job, with his sales team of five, was to receive the regular inspection

The popularity of Marbella had already spread overseas. My father, Bill Clover, a successful real estate broker in Charlottesville, Virginia since 1952 (like his father, B.B. Clover, had been in Chicago since 1904), decided to add to his business by purchasing an international real estate agency in 1968 called Panorama International Ltd, with headquarters in Washington D.C., about a two hours’ drive north of his home in Charlottesville. A French associate of his at the time, René Frank, suggested that Marbella had become the most important new jet set destination in Europe and that we should seriously consider opening an office there. And so we did, in early 1970, along with offices in Mallorca and Mexico City shortly thereafter (the latter, headed by my brother Bill). Panorama was the first international real estate agency in Marbella, B.B. Clover in 1904 and the first real estate agency to bring

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Marbella’s Longest Established Real Estate Agency

Bill Clover in the early ‘80’s

flights of clients sent by Panorama’s D.C. office and start laying the groundwork for listing and selling resale and investment properties.

In February 1973, Bland returned home and my first wife Kirsten and I set off to Marbella for what was only meant to be a year overseas to re-organise the office, but resulted in our staying permanently.

When we arrived, Marbella was still a small town. To make an international call in those days, one had to book a “slot” through the Málaga operator, and sometimes wait for hours to get a connection.

Our trusty secondhand telex machine, with technology Iberian Daily Sun, March 16, 1973 dating back to the 1930’s, was our only reliable link to the outside world.

Donkeys were still present in the streets as a means of transporting goods, along with a lot of Seat 600s and the box-like Seat 124 sedan.

Panorama was the first international real estate agency in Marbella, and the first real estate agency to bring inspection flights to the area.

The main two-lane highway to the airport passed through the centres of Fuengirola and Benalmádena Costa, and was known then as the “Highway of Death”. In general terms, the infrastructure was deficient and unreliable, with power cuts sometimes several times a month, with this being somewhat understandable when you look at the population multiplying by two and a half times over the prior decade.

We lived under the dictatorship of the Generalísimo Francisco Franco. On Franco’s last trip to Marbella in the spring of 1973, to inaugurate the new Clínica Incosol, as the story goes, he noticed the towers of the Hilton Hotel and the studio-apartment hotel next door (now known as the Hotel Don Carlos), and also the Torre Real, in front of Incosol, and was absolutely horrified, and gave the order that never again should such tall buildings scar the skyline of Marbella, in the manner that had already literally ruined Torremolinos and Benalmádena Costa.

Franco’s perspective coincided with the low-rise, low-density vision of quality development and growth, already begun

by Marbella’s “founders”, starting with Ricardo Soriano himself, who discouraged his friends from building more than one floor homes, and encouraged them to maintain

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the traditional Andalusian style. This style was followed by Prince Alfonso, José Banús, Norberto Goizueta and others. Franco’s opinion only helped strengthen the local authorities’ will to maintain this tradition, and not one tower building has been built in Marbella since 1973. It is only due to the strong, lasting influence of these people that Marbella has been able to remain a city with a high level of luxury and quality development, compared to the concrete jungle to the east of the municipality and most other resort cities along the Mediterranean Coast.

James Stewart and Prince Alfonso

There was only one notary at the time in future that was being built at the time, and how Marbella, Don Luis Oliver Sacristan. Even almost all of them learnt to speak English. when he was younger he seemed an old man to me, with a raucous voice, but he greeted Lucky to be in the right place, Spaniards and foreigners alike in a warm and friendly manner. When he retired in 1985 he at the right time! came up to me at a social gathering and said, At that time it “Clover, you are the man I want to work with in was very easy my retirement!” How honoured I felt by those to meet people, words from this important member of the and make new community! Shortly thereafter, Don Jaime de acquaintances Mora said the same thing to me and, in fact, and friends. we worked together on several deals.

There were no The delightfully friendly and good-natured more than six character of the Andalusian people ensured or seven estate that non-Spanish speakers could always make agencies in their way around Marbella, even if it meant Marbella in those Chris and his first wife using sign language. Their straightforwardness early years, and and goodness stems to a great degree from the Kirsten, Katinka and Alex’s there was a mother, in 1979 importance they attached to traditional values lot of curiosity of family, church, hard work and generous about Panorama. We met most of who were hospitality. When you look at the professionals considered the crème de la crème of Marbella at the time just by going to the Marbella Club in Marbella today, the lawyers, architects, once or twice a week, making friends who bankers, hoteliers, or store owners who were born in the city, it is amazing to see how many introduced me to their friends. Not only did it bring us business, but the application of of them were brought up not only with these well-learned American real estate principles values, but also with excellent university education given to them by their parents in the passed down by my father and grandfather ‘60’s and ‘70’s, who obviously had an eye on the made it a lot easier to earn the confidence of

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Marbella’s Longest Established Real Estate Agency

new clients for a start-up business such as ours. The Marbella Club was then, and has remained, my favourite bar and restaurant: warm and romantic, classy, great service and food, great people.

The salary I allocated to myself when I arrived in Marbella was 25,000 pesetas per month, which was the equivalent at the time of about $420, and with which we were able to live very decently. The most luxurious sports car made in Spain was the Seat 124 Sport, in fact it was a Fiat model assembled in Spain until 1975, but with a Spanish engine and transmission, which cost around 350,000 Pesetas or about $5,800 at the prevalent exchange rate, a fortune in those days. I bought one secondhand in 1978 and still have it! Of the Spanish made cars of the day, the best that one would see on the road was the Dodge 3700 GT (made

by Chrysler España) – a real sign that you had money if you drove one! The purchase of imported cars from Germany, America or England was virtually prohibitive due to exorbitant import taxes which literally doubled the cost of an already expensive luxury car.

In fact, until the mid-80’s there was a certain

My Seat 124 Sport today

“social stigma” attached to making an extravagant exhibition of wealth, which was associated not only to driving a “Spanish” Dodge, but also any type of Mercedes or other imported luxury automobiles.

Spain was incredibly cheap in the ‘70’s and ‘80’s, and even well into the ‘90’s due, in part, to the peseta being devalued six times between 1977 and 1993, enabling the economy to remain competitive with respect to its exports, and tourism to keep growing every year. However, with the Euro becoming legal tender in Spain in January 1999, and the peseta eliminated at the end of 2001, this economic tool is no longer available and is now having to be substituted by severe belt-tightening by the municipal, regional and national governments along with labour reforms, which will eventually result in a more competitive economy.

Isidro Sierra Muñoz, Luis Oliver Sacristán & Julio Fernández Nespal

Property prices were also very cheap in the early ‘70’s, as was the cost of living, as mentioned before. Our

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and other businesses. In 1974, he was the owner of a beautiful, palatial villa located just opposite El Ancón on the Golden Mile which he had bought from Mara Lane, sister of Prince Alfonso’s wife Jackie Lane, and sold it a few years later to the late King Fahd (then Crown Prince Fahd). In the mid-90’s, David bought the Marbella Club and the Puente Romano Hotels, along with several other hotels in other countries, now in the capable hands of his children Daniel and Jennica.

David treated me as a special friend and not only became our most important buyer client at the time, through his purchase of several significant properties, but he also introduced me to some key people who introduced me to Jaime de Mora y Aragón & his wife Margit Ohlson others. It is in large part thanks to him that we sold a great number of the properties agency was the first agency to bring in charter to the Saudi Royal Family and other Middle flights of clients from the United States, to sell Easterners in the mid-to-late 70’s, giving villas for $12,000 to $20,000, and apartments in Panorama a real boost at a critical time in Nueva Andalucía from $5,000 to $15,000! The our history. “investment factor” gave a major impetus to the number of properties sold in those days to During those years we became administrators clients of all nationalities. Of course, the Magic for Akram Ojjeh, the founder of the TAG group of Marbella itself was the fundamental catalyst. of companies; of Prince Salman, the brother of then Crown Prince Fahad, and today, King When our mother agency in Washington D.C. of Saudi Arabia, through his right hand man closed its doors in early 1975 due to the strong in Spain, Eyad Kayali; and of Prince Fahad’s recession at that time, Panorama became an independent Marbella real estate agency.

The start of the multi-source market and Panorama’s success The Saudi and Pan-Arabian market The first important success in our business here took place after Panorama became the property administrator for David Shamoon in 1974 (and remained so for 33 years). David, who passed away in July 2013, was originally from Iraq and moved to London in 1952, and had been very successful in real estate

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Close friends of the 70’s today, Khalid Kanoo and Mohammed Al Shroogi

Marbella’s Longest Established Real Estate Agency

The Shamoons, Chris and his first wife Kirsten, and the Corners in 1977

eldest son, Prince Faisal Bin Fahad, among others.

Other important business opportunities arose years afterwards, thanks to relationships made during the ‘70’s, including a number of transactions made through my close friend Mohamed Bashir Kurdi. As the Saudi Consul

With old friend Ambassador M. Bashir Kurdi

in Málaga at the time, Bashir commissioned me to negotiate the purchase of a parcel of land in Málaga on which the new Islamic Cultural Centre was to be built. When he was nominated in the mid-‘90’s as the future Saudi Ambassador in Japan, he asked me to be his buyer’s agent and to find for his government a new, representative building for the Saudi Embassy in Tokyo. One and a half years later, we successfully closed a deal for the purchase of an 11-storey, brand-new building in Roppongi, central Tokyo, incorporating a duplex penthouse for the Ambassador. Today, it remains the most beautiful Saudi embassy building in the world.

The purchase of properties by Crown Prince Fahad, and his family encouraged many others from the Middle East to also buy homes in Marbella in the late ‘70’s and early ‘80’s. Many other Princes, along with important – even legendary – businessmen

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US advert in 1971: Panorama sold over 150 homes in Nueva Andalucía in the early ‘70’s

and dignitaries from every single country in the Middle East bought properties in Marbella, adding to our wonderful cosmopolitan and cultural mix. Notable among these were Sheikh Zayed bin Sultan Al Nahyan, the Ruler of Abu Dhabi and President of the UAE, whose family still owns a magnificent estate adjacent to Rocío de Naguëles; various members of the AlMarzook family from Kuwait; Adnan Khashoggi and his many friends; the electronics magnate Mouffac Al Midani; Rafic Harriri, who went on to become the Prime Minister of Lebanon; H.E. Sheikh Kamal Adham and countless others.

There is a special comfort that many Middle Easterners felt and feel in Marbella and southern Spain in general. Many rivers, villages and other geographical areas bear Arabic names and there are thousands of

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words in the Spanish dictionary stemming directly from the Arabic language, all a result of the Moors’ 781 years occupancy of Spain from 711 to 1492. The Rif Mountains of Morocco can be seen most days of the year, with the lights of Tangiers visible many nights, past the Rock of Gibraltar, giving one a very special sense of our geography.

A British enclave In the early ‘70’s, a small number of British citizens, not more than two or three thousand, had settled here either as part-time or fulltime residents, many of them important personalities. There was a specific reason for the number of people being so low: Great Britain had exchange controls in the form of the infamous “dollar premium”: tight

Marbella’s Longest Established Real Estate Agency

restrictions on spending money made it very difficult for people to take foreign holidays and to buy second homes overseas on a scale we now take for granted, or to buy shares in foreign companies. At one point, people could not take more than £50 cash abroad, even for an ordinary family holiday overseas. You even needed to have your passport stamped by the bank when you collected the cash!

When the late Margaret Thatcher was elected Prime Minister in 1979 and relaxed (and shortly thereafter eliminated) the exchange controls in that same year, the demand literally exploded in a surge of buying second homes abroad, which in fact has never really abated very much since then, other than the peaks and troughs of the market in general over the last thirty-five years.

Marbella of course was a prime beneficiary of this pent-up demand, as were other parts of Spain, France, Italy, the U.S. (especially Florida), and other countries. Flights from the UK surged in number, and the Costa del Sol became a preferred holiday and residential destination for UK tourism, with Marbella as its quality capital.

Panorama marketed properties directly to UK purchasers, with advertising in The Times and The Financial Times. We sold many important properties to an affluent UK clientele, throughout the 1980’s and again in the mid1990’s, partially due to a strong partnership at the time with Chesterton’s, a leading London estate agency, and continuing until today, thanks in part to Panorama’s current association with Savills.

Today, the British are the largest single nationality, after of course the Spanish themselves, with a permanent or part-time residence in the Marbella area.

Mel Ferrer and Princess Carmen Hohenlohe

New friends, business associates, and celebrities Amongst the many influential people we had the opportunity to meet in Panorama’s early years in Marbella was Rafael Zea. Rafael was a pioneer property developer who, among many other projects, built the Skol building in Marbella by the sea in the ‘60’s. Rafael was the Chairman of the developing company which owned Las Lomas del Marbella Club and came to Panorama in 1974 recommended by mutual friends. We got along well and he quickly agreed to give us an exclusive on the sale of their plots in Las Lomas which resulted in our selling, over the next years, most of this wonderful residential area located in the heart of Marbella’s Golden Mile. Rafael also gave me a wonderful deal on the purchase of my first villa in Marbella. I also did business with Mel Ferrer who, as a money-making pastime, built and sold inexpensive, rustic villas. Mel was a terrific person, and I remember him being both extremely polite and very down to earth.

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Hollywood stars and lavish parties

Chris, his father Bill Clover, Alex and Katinka in 1984

Chris Clover, with old friend and pioneer developer since 1960, the late Leo Shriqui

I had the privilege to meet and become good friends with Ray Milland and his wife Mal (in 1946 Ray won an Oscar for Best Actor in Billy Wilder’s film The Lost Weekend), and Stewart Granger, one of Hollywood’s greatest stars, who was also a seller of an important estate between Marbella and Estepona. Ray Milland contacted us in 1975 from an advert in the International Herald Tribune and came down to look at beachfront homes. Since he had become a star a little before my time, I didn’t know who he was, and when I collected him at the airport, he rode in the back of my box-like Seat, and his wife in the front, and I asked him what he did for a living!

After a brief silence and a long sigh, he said with some exasperation in his face… I was watching him through the mirror… “I’m in the cinema industry”. Unfortunately it got worse when I asked him what part of the industry!

In the end we got along very well and we, as well as our wives, became close friends.

The Millands ended up purchasing a jewel of a beachfront home in the El Ancón development, on Marbella’s Golden Mile which belonged to a Mr. Brown. Along the front line in El Ancón there were 4 other houses next to Mr. Brown’s: two on the right and two on the left. The first at the end, on the right, belonged to John Green, the original developer of the estate. The second belonged to the well-known industrialist, Gordon White. On the left was Mr. Black and, at the other end, Warren Gold. Incredible but true! We called it “Rainbow Row”!

John Green, brother of the art gallery owner Richard Green, is a highly creative and successful property developer, not only for his projects in Marbella but also in London.

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Marbella’s Longest Established Real Estate Agency

Jacqui and John Green with Jovita, Chris’s second wife, recently

Baroness Terry von Pantz & Baron Hubert von Pantz in 1980 (courtesy of M. Reckling)

He went on after his project El Ancón to develop, from 1981 to 1985, another beautiful, gated community in the hills just opposite El Ancón, which was called El Ancón Sierra. I was involved in selling him the land, selling most of the homes there, and was a member of his company’s Board of Directors. John and his wife Jacqui remain close friends, and we both own homes in El Ancón Sierra today.

was designing and building houses, a real estate agent’s dream client. Wonderful, open, interesting people, incredibly polite to absolutely everyone and, for many years, they were among our most important clients.

The ‘Hostess with the Mostess’ Another personality among the many people we were close to at the time and who remained so well into the ‘90’s, until her death, was the Baroness Teresa (Terry) von Pantz, heiress to the Avon perfume fortune.

She inherited her fortune through one of her previous husbands, and she lovingly called her last husband, Baron Hubert von Pantz, “Hubert the Fifth” as she had out-lived her prior four husbands. Hubert himself had a well-publicised affair with the French designer Coco Chanel in his youth. They were both very generous people and loved giving lavish parties for their many friends and acquaintances: Terry was known for over three decades in Marbella as “the hostess with the mostess”. Her favourite hobby

Marbella Sierra Blanca In the late ‘70’s we met Elizabeth and David Brockman, who, with their partner Connie Muneman, and his family, owned the most beautiful development site in Marbella, which is now known as the Urbanización Sierra Blanca. A little known story is that a Kuwaiti client of ours contracted to buy the entire land, subject to the approval of a partial plan by the municipal government. However, due to the delays caused to the plan approval by ecologists at the time, our client got cold feet and backed out of the deal a year and a half later. The purchase price for the entire site (of course before infrastructure) was $3,000,000!

The Brockmans later found another partner, the highly successful, high quality property developer Pedro Rodriguez, (Sierra Blanca Estates) who made his first investment in Marbella in the Brockmans’ company and proceeded with the installing of infrastructure and subsequent sale of plots.

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Friends since the ‘70’s Other wonderful people who opened their doors to us in our first years in Marbella, were Miguel Gomez Verdun, the owner with his wife Antonia, of the Gomez and Molina jewelry boutiques. Miguel was at the time also Director of the Hotel El Rodeo; the late Archie and Cathy McNair – Archie was the Chairman of Quant which he co-founded with Mary Quant in the 1950’s; the late Bill Genske and his wife Silvia, the developers of Lomas del Marbella Club Pueblo; Nielson Sanchez Stewart with his wife Alicia, who was and remains an active lawyer and good friend.

With H.E. Sheikh Kamal Adham in 1998

The late Rafael Cruz-Conde became a close friend and our main lawyer in the late 1970’s, and his job with Panorama (and friendship with me) is continued through his son Mauro and daughter Alejandra today. Count Hans Larisch and his wife, María, the Marquesa de Salamanca, also became good friends.

Perhaps my oldest close friend is Patrick Op de Beeck, the well-known insurance broker, whose office was next to ours when we arrived.

With old friend Patrick Op de Beeck recently

Looking back, we were fortunate that, by the end of the ‘70’s, I had met most of the influential people of the day along with hundreds of other wonderful people, many of whom remain good friends today. How grateful I am to have had such a beautiful start to our new life in Spain, with the kindness, support and friendship offered by so many people during those years. © 2017 Panorama Properties S.L. Our gratitude to Count Rudi von Schönburg for allowing us to reproduce the many photos he provided for this article, and to both Count Rudi and Antonio Belon Cantos, for their kind advice and guidance with respect to the history of the early years of Marbella before our arrival.

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Chris with Alex and Katinka, 2016

Marbella’s Longest Established Real Estate Agency

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Marbella’s Longest Established Real Estate Agency

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Marbella’s Longest Established Real Estate Agency

Radda in Chianti, Italy Guide â‚Ź2.65 million

Berlin, Germany Price on application

A world of wonder With over 700 offices and associates worldwide, Savills is proud to bring many types of property from all four corners of the globe, directly to your fingertips.

And when it comes to finding your dream holiday home, Savills experts are dedicated to helping with all your property requirements and will ensure that your experience is as enjoyable as the holidays you plan to spend there.

Wherever you are looking to buy, please get in touch with us.

New York City, USA Guide US$20 million

St. James, Barbados Guide US$4.6 million

Verbier, Switzerland Guide CHf5.9 million

Radda in Chianti, Italy Guide â‚Ź850,000

Camps Bay, South Africa Guide ZAR26.75 million

Paris, France Price on application

Panorama Properties +34 952 863 750 info@panorama.es For more information contact PANORAMA Offices at the Puente Romano Hotel & opposite the Marbella Club Hotel Tel. (+34) 952 863 750

info@panorama.es

www.panorama.es

savills.com

OUR SISTER COMPANY

Panorama International Inc. Panorama International, the sister company of Panorama in Marbella, is based in San Antonio, Texas and owned by Christopher Clover’s brother Williston (Bill) Clover. He has over 50 years of experience, specialising in Bill Clover tourism, hotel and resort development industry and offering every discipline from inception of a vision to product delivery. Panorama International has worked in the United States as well as in 75 countries worldwide.

The company was started by Christopher and Bill’s father Williston L. Clover and Bill was focused more on development and financing of resorts where Christopher’s interests led him into very exclusive residential sales. Panorama International also has offices in Miami, Mexico, Costa Rica, Spain, the United Kingdom and Morocco.

Assignments have included the initial startup of the first mortgage company in Jordan,

developments in Morocco, France and throughout the Caribbean and more recently the emergence of Huntsman Springs, in the USA as one of the leading resort areas in the Jackson Hole, Wyoming market.

Panorama International’s experience combines with the latest trends, ideas and methods to bring a fresh new approach to each client, offering a wide range of services, from feasibility studies and project financing to development and sales.

Services: • Resort Development Consulting • Project Finance • Hospitality & Resort Management • Marketing Management • Tourism Development • Pre Development • Development Management • Sustainability & Environmental • Panorama Preferred Properties As Bill stated recently: “My greatest pleasure today is working with some of the brightest and most creative minds in the business. Young men and women who have gravitated to us, and who have found a professional home where they have the freedom to contribute their talents to some of the finest developments in the world.”

Huntsman Lodge, created by Panorama International for Huntsman Springs

For further information, contact Alex Clover at Panorama in Marbella

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Marbella’s Longest Established Real Estate Agency

Panorama:

AN AGENCY REGULATED BY RICS Panorama is proud to be one of only a handful of real estate agencies in Spain to have the distinction of being regulated by The Royal Institution of Chartered Surveyors (RICS)

In early 2016, Panorama received accreditation as an agency regulated by RICS, the world’s leading organisation of professionals within the land, property and construction sectors.

Founded in 1868, RICS currently has over 125,000 professional members in more than 140 countries, specialising in different aspects of the real estate sector. RICS regulates and promotes the profession; maintains the highest educational and professional standards; protects clients and consumers via a strict code of ethics; and provides impartial advice.

In order for a real estate agency to qualify as “Regulated by RICS”, among other requirements, the owner or an associate of the agency must already belong to RICS (MRICS or FRICS). In 2015, Christopher Clover, owner and Managing Director of Panorama, accepted a unanimous nomination as Eminent Fellow, FRICS. Only individuals recognised within the industry

as leaders in their field, whose standing and achievements are beyond question and judged to be extraordinary, are considered for nomination to join RICS through the Eminent Route. This nomination paved the way for Panorama to become a Regulated Agency by RICS. Eduardo Fernandez-Cuesta FRICS, President of RICS Spain, said about Christopher Clover and Panorama “He is today, as he has been for the last 47 years, an outstanding example of leadership and professional commitment in the real estate sector. Christopher comes from a family lineage of more than 110 years in real estate, constantly promoting the collaboration among agencies and serving the public with outstanding professional dedication and ethics. Also noteworthy are his annual Marbella Property Market Reports and many other articles related to real estate that he has been publishing for more than four decades. Christopher has contributed, and still contributes significantly today, to raising the standards of his profession.”

An International Associate of Savills

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THE PEARL OF MARBELLA

La Perla Blanca

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Marbella’s Marbella’sLongest LongestEstablished EstablishedReal RealEstate EstateAgency Agency

On the beach between San Pedro and Estepona, lies this unique beach mansion. Just a few months away from completion at the time of writing, the property has features that set it apart from all other luxury beachfront villas in the Marbella area.

“...When we found La Perla Blanca there was no question we had found the best site.”

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International Marbella’s Longest Established RealAn Estate Agency Associate of Savills

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This is a beautiful contemporary property designed with flair to create a modern home that is full of character with an exquisite attention to detail. Careful consideration was placed in designing large outdoor shaded spaces along with further elevated outdoor areas that allow for enjoyment of the superb 360 degree views.

Built on a double-sized plot, the property has 12 breathtaking bedrooms, 11 of them en-suite. A majestic entrance hallway leads to a large and open living area with fireplace and the kind of breathtaking sea views you can only get from a frontline beach property.

Boasting full health and leisure facilities, including a superb spa and cinema room, as well as ample spaces for lively entertainment, the villa is a showstopper in every respect. Practical living and leisure areas are connected within a design that flows from various main “hubs”. This allows for free movement and entertainment of guests without infringing on the privacy of the owners.

Mr. Haug, developer of this spectacular project says, “When we found La Perla Blanca there was no question we had found the best site. While inspecting the property on the first viewing our eyes were drawn to a flock of seagulls in a frenzy of activity over the water. We soon saw that it was a pod of dolphins bait-balling a shoal of young fish. This highlighted the unique location and fed our desire for the site.”

The property is a complete expansion and renovation of the original La Perla Blanca, an

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THE PEARL OF MARBELLA

La Perla Blanca

“...The garden design will integrate the dune ecology and micro habitat into the front garden and only autochthonous plants will be used.”

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International Marbella’s Longest Established RealAn Estate Agency Associate of Savills

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THE PEARL OF MARBELLA

La Perla Blanca

iconic villa in its heyday with influences of Oman 18th century architecture. The house had a traditional ventilation shaft located in the main hall to draw a cool breeze in from the sea and create a natural circulation of air in order to reduce the use of air-conditioning. This feature has been maintained so that the simple opening of the main doors naturally reduces the temperature on hot summer days.

All of the property’s installations, climate control and security features, general electronics and entertainments are controlled by simple touch screens located throughout the home, or alternatively via an iPad or remotely over the Internet.

Conservation, recycling and sustainability were considered in the design. No trees have been lost in the redevelopment and the garden has been landscaped around the original palms and pine trees which with their maturity add so much character to the new building. The garden design will integrate the dune ecology and micro habitat into the front garden and only autochthonous plants will be used and beach sand without plants designed as features.

This unique property, with its amazing installations, must be seen to be fully appreciated in all its grandeur. Its fortunate future owners will enjoy an amazing home in a spectacular setting sure to bring joy and comfort for many years to come.

Ref: 8599 Price: on application. Offered for sale by Panorama Tel: (+34) 952 863 750

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Marbella’s Longest Established Real Estate Agency

Looking to rent in Marbella?

Handpicked luxury villas, apartments and townhouses in incredible locations, available for both long and short term rent in Marbella and surrounding areas. See page 176.

Tel. (+34) 952 90 10 15 rentals@panorama.es Regulated by RICS

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Marbella’s Longest Established Real Estate Agency

With mesmerising architecture reminiscent of the Sydney Opera House, the entire home has a unique and luxurious feel difficult to find elsewhere. Its large rooms, light colours and enormous windows provide it with a sense of grandeur, and the modern décor gives it a striking, minimal and classy appeal. It has a beautiful exterior, surrounded by a mature garden with an enormous pool, tiki sunshades and palm trees, giving the property an unusual and exotic feeling.

Built over three floors with a lift, on the ground floor is a hall with a double-height ceiling; a combined living and dining room with beautiful views and access to a terrace that leads to the garden and swimming pool; a fully equipped kitchen with access to a side terrace and an outdoor kitchen that includes a teppanyaki grill, an Argentinian barbeque and a tandoori oven; two en-suite bedrooms and a guest bathroom. Upstairs are four fantastic en-suite bedrooms. In the basement there is an indoor heated swimming pool that includes a Jacuzzi, a sauna, a steam room and a guest bathroom; a games room; two en-suite bedrooms with walk-in closets and another 2 bedrooms that share one bathroom.

Just a ten minute drive to and from Puerto Banús, the most luxurious area in the whole Costa del Sol, with its fantastic restaurants, clubs and shopping centres.

The mansion is located on the same grounds as the amazing Villa Padierna Hotel.

This property is designed for entertainment, and can accommodate up to 24 guests. The current owners put

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Marbella’s Longest Established Real Estate Agency

A stunning villa set on one of the very best plots in Los Flamingos Golf, BenahavĂ­s. With beautiful views of the sea, mountains and local golf courses, it is located just opposite the renowned Villa Padierna Hotel.

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“...a property that would not only be suitable for a large family, but that would also allow for generating a substantial rental income, with a potential for up to 7-8% ROI per year.� thought into designing a property that would not only be suitable for a large family, but that would also allow for generating a substantial rental income, with a potential for up to 7-8% ROI per year.

The property includes 1,000 m2 of additional building land, providing the possibility to build an additional villa or guest house, or even sports facilities such as a tennis court or a private gym.

Already an amazing property, these additional possibilities make this spectacular home one where future owners can add even more value if desired.

Ref: 9573 Price: â‚Ź 5,950,000. Offered for sale exclusively by Panorama Tel: (+34) 952 863 750

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International Marbella’s Longest Established RealAn Estate Agency Associate of Savills

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Benahavís

Here we feature a selection of 27 brandnew developments that are currently under construction, or just completed, in the Marbella area. All are now available for sale, contact Panorama for further information.

14 C ON

Contemporary villas in a gated complex in La Alquería – Ref: 8856

Brand-new development of 14 contemporary villas with panoramic sea views. Some features include: double glazed windows, under-floor heating and A/C throughout, automatic irrigation system, pre-installation for domotic system, infinity pools and modern kitchens with top quality appliances.

Bedrooms: 5 Built: 653 – 870 m2 Terraces: 70 – 196 m2 Plots: 1.246 – 1.266 m2 Prices: € 2,000,000 – € 2,950,000 Completion date: Summer 2018

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Marbella’s Longest Established Real Estate Agency

ORARY VILLAS P ,B M TE

avís ah en

Estepona

San Pedro

Private complex of 7 villas in one of the most sought-after gated communities, within just 15 minutes walk to the Puente Romano Hotel and the beach. Highest qualities currently available on the market. Extras include: domotic system controlled by iPad, Sonos sound system throughout, long range 3-spot WiFi connectors, gas fireplace with remote control and heated pools.

Bedrooms: 5 & 6 Built: 435 – 476 m2 Terraces: 223 – 229 m2 Plots: 574 – 753 m2 Price: € 2,400,000 Completion date: Summer 2018

Marbella

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le Mi

8E

IVE VILLAS, Go S lde LU C X

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Puerto Banús

3

Contemporary designer villas in a gated community – Ref: 9680

ile

7D ES

LLAS, Gold R VI en E N M G I

Exclusive residencies in a gated complex in Las Lomas del Marbella Club - Ref: 9345

Brand-new modern villas walking distance to Puerto Banús – Ref: 9733 3 contemporary villas in the Casino area, just 520 metres to the beach and Puerto Banús.

Incorporating modern, clean lines and built to the highest quality standards, these villas are spacious, light and, above all, ideally designed to cater for modern day living.

Bedrooms: 4 Built: 492 – 510 m2 Terraces: 308 – 316 m2 Plots: 900 – 999 m2 Prices: € 2,550,000 – € 2,650,000

A small, exclusive community with 24hour security comprising just 8 modern villas with panoramic sea views. Boasting impressive qualities, each villa has a unique design. Within a premium location surrounded by greenery and palaces, nearby the iconic Marbella Club and Puente Romano Resort Hotels.

Bedrooms: 5 Built: 438 – 618 m2 Terraces: 86 – 371 m2 Plots: 706 – 1,223 m2 Prices: € 2,500,000 – € 3,800,000 Completion date: Winter 2018

Completion date: Summer 2018

An International Associate of Savills

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3L

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Contemporary villas close to Puerto Banús – Ref: 9386

LLAS, N. A Y VI nd R U al X U

Last unit available in a project of three luxury villas with fantastic views of Marbella and the highest specifications throughout. Each villa has a slightly different design, a private pool and basement with cinema and gym. In a quiet area and within walking distance to all amenities.

E VILLAS, Este D I S po CH

San Pedro

Estepona

Y VILLAS, Este T I L po UA

Luxurious beachside villas in a gated complex in Casasola – Ref: 8898

A residential project of only 6 luxury villas in a peaceful neighbourhood near San Pedro. These modern villas boast ample living areas, high quality installations, private pools, landscaped gardens and open views. All are southeastfacing, just 700 metres to the sea.

Bedrooms: 4-5 Built: 501 – 581 m2 Terraces: 292– 327 m2 Plots: 805 – 1,053 m2 Prices: € 1,750,000 – € 2,390,000 Completion date: Summer 2017

Modern complex of villas in El Paraíso – Ref: 9180 16 contemporary villas just 3 km from San Pedro and the beach. Built on 3 levels, these quality houses will have a double height entrance hall with a large open-plan living and dining room with gas chimney and access to a Mediterranean-style landscaped garden and a decked pool.

Bedrooms: 4 Built: 364 – 468 m2 Terraces: 114 – 151 m2 Plots: 924 – 1,150 m2 Prices: € 1,200,000 – € 1,400,000 Completion date: Spring 2017

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6B EA

Bedrooms: 4 Built: 600 m2 Plots: 650 m2 Price: 1,950,000 Completion date: Summer 2018

Marbella’s Longest Established Real Estate Agency

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VILLAS, East o N R fM DE

Gated complex of villas in Santa Clara – Ref: 8973 A new complex of 23 modern villas with panoramic golf and sea views. Carefully designed using top quality materials.

4 different styles are available and include: salt water pool, solar panels, basic home automation system and many more. Within a 7-minute drive to Marbella centre.

Bedrooms: 3 & 4 Built: 229 – 424 m2 Terraces: 120 –142 m2 Plots: 740 – 1,051 m2 Prices: €1,375,000 – €1,400,000 Completion: Spring 2019

Marbella

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Puerto Banús

Brand new semi-detached villas in Marbella centre – Ref: 9171 High quality contemporary villas close to Puerto Banús – Ref: 8609 An exclusive gated complex of 19 modern villas with 24-hour security. These southwest-facing villas have doubleheight ceilings and large windows, openplan interiors and landscaped gardens with infinity pools and fantastic sea and mountain views. Solariums and pool houses can be added for a small additional cost.

Small community of 4 semi-detached and 1 detached villa in the centre of Marbella.

Private infinity pools and terraces for outdoor entertaining. Under-floor heating in all rooms, solar panels, double glazing and many more features. Within walking distance to all amenities.

Bedrooms: 3 Built: 260 – 379 m2 Terraces: 96 – 209 m2 Plots: 900 to 999 m2 Prices: € 1,200,000 – € 1,620,000

Bedrooms: 3-5 Built: 372 – 417 m2 Terraces: 226–260 m2 Plots: 1,001 –1,070 m2 Prices: € 1,795,000 – € 1,895,000 Completion date: End 2017 An International Associate of Savills

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18 ST A

ona tep Es S,

THE-ART VI F LL -O A E T

State-of-the-art contemporary villas next to a protected woodland of 500,000 m2 – Ref: 9545 18 luxury villas of four different designs with high-end kitchens by Siematic, underfloor heating, energy efficient building techniques, salt water pools, feature stairways and much more. Close to many golf courses and within a 10-minute drive to Puerto Banús.

Bedrooms: 3 Built: 216 – 333 m2 Terraces: 52 – 168 m2 Plots: 540 – 758 m2 Prices: € 745,000 – € 990,000

San Pedro

Completion date: Summer 2018

Estepona

OWNHOU NT T SE O R S, F H

ona tep Es

50 B EA C

Beachfront townhouses in a peaceful setting – Ref: 9713 50 luxurious contemporary townhouses in Estepona’s western outskirts with direct access to the beach. The Guadalobón river meanders around its perimeter enhancing the sense of seclusion and tranquility. Just 5 minutes’ walk to the Estepona marina.

Bedrooms: 3, 4 & 5 Built: 210 – 337 m2 Terraces: 125 – 197 m2 Gardens: 13–148 m2 Prices: € 850,000 – € 2,300,000 Completion date: Spring 2019

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Marbella’s Longest Established Real Estate Agency

32 MO

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ILLAS, Marbe V lla RN E D

New gated project of villas in Río Real – Ref: 8399 35 luxurious villas with 24-hour security and a private clubhouse with indoor pool, spa, gym and social lounge for residents. Peaceful area with mountain and sea views and surrounded by golf courses. Choose between two different villa designs with variations of kitchen layouts.

Bedrooms: 3, 4 & 5 Built: 199 – 279 m2 Terraces: 143 –168 m2 Plots: 517 – 655 m2 Prices: € 1,185,000 – € 1,481,000 Completion: Winter 2018

Marbella

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5

Puerto Banús

Modern apartments with open views in the Golf Valley – Ref: 8915 Contemporary villas with outstanding views in the golf valley – Ref: 9621 Southwest-facing with panoramic Mediterranean views, this development of only 5 villas is just 10-minutes’ drive to Puerto Banús and the beach. The terrace areas seamlessly integrate into the living room, creating a natural open space, spacious rooms and large terraces with garden and infinity pool.

Exclusive complex of 42 apartments, some enjoying panoramic views to the sea and others to the lake. Lovely communal areas with a pool and spa, heated pool, sauna, Turkish bath and gym. Privileged and tranquil community, close to many golf courses and Puerto Banús.

Bedrooms: 2 & 3 Built: 110 – 128 m2 Terraces: 37 – 148 m2 Prices: € 575,000 – € 680,000 Completion date: Beginning of 2018

Bedrooms: 4 Built: 326 m2 Terraces: 149 m2 Plots: 1,097 m2 Prices: € 1,100,000 Completion date: Winter 2018 An International Associate of Savills

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16 D Modern villas in Cancelada – Ref: 9459

ona ep st

68 B EA C

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ER VILLAS, Est N ep IG S E

Brand-new villa complex in a very good location between San Pedro and Estepona, within a 10-minute drive to Puerto Banús. Southeast and southwest-facing, these contemporary villas are built on 2 levels, with bright open spaces, walking distance to amenities and a very short drive to the beach!

Unique beachfront project – Ref: 9750 68 minimalist-style apartments and 2 magnificent villas built on a plot of almost 12,000 m2 in a unique beachfront space. The complex will include large landscaped gardens and swimming pools with spa area and gym. Magnificent views of the sunrise and sunset from the terraces all year round.

Bedrooms: 3 Built: 221 m2 Terraces: 126 m2 Plots: 800 m2 Prices: € 850,000 – € 980,000 Completion date: Spring 2018

San Pedro

Bedrooms: 2, 3 & 4 Built: 79 – 156 m2 Terraces: 27 – 353 m2 Prices: € 485,000 – € 1,821,000 Completion date: Spring 2019

Estepona

ERN VILLAS, E D O ste M A

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11 U LT R

Modern frontline golf villas – Ref: 9364 11 luxury frontline golf villas, offering restaurant, a cafe-bar, outdoor/indoor swimming pools, gym, spa, social club and tennis & paddle courts. Built over 3 levels including basement, which can be converted into a separate guest/staff apartment.

Bedrooms: 4 Built: 300 m2 Terraces: 73 m2 Plots: 400 – 800 m2 Prices: € 695,000 – € 909,000 Completion date: December 2017

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Marbella’s Longest Established Real Estate Agency

Ojén

jén ,O TS

The best views in the hills above Marbella – Ref: 9465

URY APARTM X U L EN 75

Next to Ojén town, in an enclave of protected forest and built across 50 hectares of land, 20 of which will be green areas. The complex will offer a health club, concierge service, 24-hour security, business centre and rental management.

Bedrooms: 2 & 3 Built: 110 – 139 m2 Terraces: 37 –80 m2 Prices: € 440,000 – € 605,000 Completion: Winter 2019

Marbella

Luxurious apartments surrounded by golf courses in Atalaya – Ref: 9590 A gated complex of 93 contemporary-style apartments, located near San Pedro de Alcántara. Amazing communal gardens with a 450 m2 outdoor salt water pool and one indoor heated pool. Surrounded by nature and close to all amenities, restaurants, beaches, golf courses and schools.

Bedrooms: 2 & 3 Built: 91 – 183 m2 Terraces: 50 – 146 m2 Prices: € 385,000 – € 680,000 Completion date: September 2018

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Puerto Banús

Townhouses in Río Real Golf – Ref: 9438 24 contemporary townhouses boasting ultramodern exteriors with spacious open-plan interiors distributed over 4 levels and with stunning rooftop terraces and private plunge pools. The complex offers 2 communal pools, 24-hour security and a state-of-theart clubhouse, indoor pool and spa and is located next to Río Real Golf Club. Within a 5-minute drive to Marbella.

Bedrooms: 4 Built: 208 – 214 m2 Terraces: 117 m2 Prices: € 695,000 – € 725,000 Completion date: Summer 2018 An International Associate of Savills

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Contemporary units with sea views in golf area – Ref: 9444 Located in Atalaya Golf, within walking distance to a supermarket and a school, just a 7-minute drive to San Pedro and the beach. These 56 southeast-facing apartments will feature sea views, modern architecture and spacious terraces. The complex offers 4 swimming pools, 1 paddle court and social area with barbecue.

E APARTMENT D I S, S CH

Bedrooms: 2 & 3 Built: 93 – 133 m2 Terraces: 32 – 163 m2 Prices: € 355,000 – € 830,000 Completion date: Winter 2018

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Estepona

Benahavís

San Pedro

ona tep Es

14 B EA

56 EXC LU SI

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EN ARTM TS, Es P te A p VE

Contemporary beachside units – Ref: 9701 An exclusive development of just 14 beachside units, only 200-metres to the sea. All the properties feature: Marazzi floors; double-glazing Climalit windows; A/C hot & cold; solar panels for hot water; satellite TV; fully equipped kitchens. The community has tropical gardens with a designer decked swimming pool.

Bedrooms: 2 & 3 Built: 81 – 103 m2 Terraces: 14 – 115 m2 Prices: € 279,000 – € 425,000 Completion date: Spring 2019

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Contemporary apartments walking distance to the beach – Ref: 9184 63 elegant homes designed to make the best use of natural light, ample terraces and high quality materials throughout. Gated community with pool and landscaped gardens.

Bedrooms: 3 & 4 Built: 106 – 135 m2 Terraces: 21 – 107 m2 Prices: € 319,000 – € 481,000 Completion date: Winter 2017

Marbella’s Longest Established Real Estate Agency

VIL LA S

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PARTMENTS, B A D en AN

Stunning project next to Marbella Club Golf Resort – Ref: 9563 Contemporary-style villas and apartments, in an elegant gated community within a 20-minute drive to Puerto Banús and offering spectacular views to the Mediterranean and mountains. The complex will offer numerous sports facilities, including state-of-the-art gyms, several pools, 2 tennis and paddle tennis courts, as well as playgrounds.

Bedrooms: 2, 3 & 4 Built: 103 – 182 m2 Terraces: 32 – 195 m2 Prices: € 395,000 – € 880,000 Completion: Summer 2018

lucía da An

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APARTMENTS N ,N R .

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PARTMENTS, N A .A UE IQ

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Puerto Banús

18 UN

Marbella

Modern apartments with sea views in the Golf Valley – Ref: 9569

Modern apartments within a natural environment in La Cerquilla – Ref: 9063 Set within a unique natural environment, brimming with spectacular tropical gardens – over 13,000 m2 of land with swimming pools and a small lake. These spacious apartments are built with the finest materials offering huge terraces overlooking the golf course.

An exclusive development of just 18 unique properties, 10 of which have their own private plunge pools. Designed to maximize stunning coastal views and surrounded by tropical communal gardens and infinity pools, night security, and just a 10-minute drive to the beach and Puerto Banús.

Bedrooms: 2 Built: 94 – 98 m2 Terraces: 47 – 68 m2 Prices: € 445,000 – € 495,000 Completion date: Summer 2018

Bedrooms: 2 Built: 115 – 341 m2 Terraces: 45 – 125 m2 Prices: € 346,000 – € 627,000 Completion date: Spring 2019

An International Associate of Savills

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BEACHSIDE

Brilliance “...large sliding doors open up to combine the openplan living area with the spectacular sun-soaked infinity-pool terrace and chillout chiringuito..”

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Marbella’s Longest Established Real Estate Agency

A contemporary Marbella masterpiece of architecture and design, in the spectacular setting of BahĂ­a de Marbella, a community with 24-hour security that is home to some of the best beaches in Marbella.

This stunning contemporary home is located only a stone’s throw away from one of the best stretches of beach in Marbella. Light, bright and airy, the property’s open layout, neutral colour palette and astute use of glass, mirrors and natural materials have created a home that is as practical as it is stylish.

The architect, Guillermo Priego Iribarnegaray, was tasked with making the best use of the land and its unique seaside location, and has succeeded in creating a sensationally spacious home that affords plenty of natural light and free-flowing, breezy spaces, combining symmetry and harmony for a beautiful and bold finish. Bright whites and soft greys blend with warmer wood and stone tones, that bring to mind warm summer

An International Associate of Savills

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“...a sensationally spacious home that affords plenty of natural light and free-flowing, breezy spaces, combining symmetry and harmony for a beautiful and bold finish.”

nights set off by a cool, salty sea breeze.

Use of glass and open spaces make for a wonderful, flowing energy throughout the home.

The kitchen, living and dining areas all blend seamlessly together and large sliding doors open up to combine the open-plan living area with the spectacular sun-soaked infinity-pool terrace and chillout chiringuito. The house accomplishes what few houses are able to do, combining a dazzling site for memorable entertainment and undisputed wow-factor with a practical family home.

The guest bedrooms are all in the east wing of the property, the majority of them looking right out over the Mediterranean. Tall ceilings and fullheight doors throughout, the bedrooms each have a distinct décor that sets them apart. The colours throughout the interior are mostly neutral, with strong accent of teals and yellows that bring the home alive.

A large master bedroom opens onto a southfacing sun terrace with superb views to the sea.

Open spaces are everywhere, with a spectacular bathroom and a bright and breezy walkin wardrobe.

The property itself is built in Bahía de Marbella, a luxury and in demand beachfront development ideally situated just a few minutes’ drive east of Marbella. 24-hour security offers maximum tranquillity and peace of mind in this unique

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An International Associate of Savills

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setting by some of Marbella’s very best beach restaurants.

The property was built by a local construction company well-known for building large projects at this scale and of this quality. Purely from an engineering perspective, top materials have been implemented with great attention and care to detail in this unique property.

This is a wonderful property perfect as a modern holiday home or a full-time residence affording its future fortunate owners with all the best that Marbella has to offer at their fingertips.

Ref: 9325 Price on application. Offered for sale exclusively by Panorama Tel: (+34) 952 863 750

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Marbella’s Longest Established Real Estate Agency

VILLAS, TOWNHOUSES AND APARTMENTS Over the next 110 pages you will find a selection of some of the most exclusive properties available in Marbella today.

The properties are ordered according to price.

The information contained in this magazine is provided in good faith and believed to be accurate at the time of publication. Nevertheless, it is subject to error or omission, and the properties advertised are also subject to prior sale, price change or withdrawal from market. Legal diligence files are available for every property visited by a client. Energy certificates for each property are available upon request.

‘‘I would like to give due credit to the well run Estate Agency.’’ Jose Ma Ferri Tesio de Costamagna

GOLDEN MILE

Ref: 7981

Unique palatial estate with panoramic views in Nagüeles Impressive chateaux-style mansion of classical sophistication, offering privacy and built to the highest specifications throughout.

Featuring immaculate park-like gardens with heated pool. A one of a kind property with exquisite qualities and finishes.

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Marbella’s Longest Established Real Estate Agency

Bedrooms:

12

Bathrooms:

12

Built:

3,656 m2

Terraces:

1,247 m2

Plot:

11,009 m2

Price:

on application

www.panorama.es

+34 952 863 750

‘‘As a Hotelier, I value the experience and efficiency that Panorama guarantees.’’ Mr. Richard Walduck

+34 952 863 750

www.panorama.es

An International Associate of Savills

71

‘‘I will recommend you in any aspect of the real estate field, anywhere.’’ Sheikh Mohamed Bashir Kurdi

BENAHAVÍS

Ref: 9807

Stunning, contemporary villa in La Zagaleta This magnificent home has breathtaking views of the Mediterranean coastline. The floor to ceiling windows bring a beautiful light into the versatile living space. Features include: spa with indoor swimming pool, steam room, sauna, cold plunge pool, massage room, juice bar, 1 staff apartment with 2 en-suite bedrooms.

72

Marbella’s Longest Established Real Estate Agency

Bedrooms:

8

Bathrooms:

8

Built (incl. terraces): 2,560 m2 Plot:

8,209 m2

Price:

on application

www.panorama.es

+34 952 863 750

‘‘My deepest gratitude for the wonderful first class job you have done.’’ Beatrice Lodge de Oyarzarbal

+34 952 863 750

www.panorama.es

An International Associate of Savills

73

‘‘It was refreshing to deal with honorable people.’’ Annabelle Bennet

ESTEPONA

Ref: 8847

Unique beachfront mansion Luxurious beachfront residence in Casasola, a peaceful area adjacent to Guadalmina Baja. Ample living spaces with wonderful sea views, roof terrace with whirlpool, indoor pool with spa, gym, cinema room; wine cellar, caretaker’s house, garage for 4 cars, exterior parking for 6 cars and much more! Tropical gardens with a pool of 240 m2.

74

Marbella’s Longest Established Real Estate Agency

Bedrooms:

6

Bathrooms:

6

Built:

2,043 m2

Terraces:

453 m2

Plot:

5,175 m2

Price:

on application

www.panorama.es

+34 952 863 750

PANORAMA CLIENT SERVICES: A full-scale, complimentary service for all our buyer clients.

Introducing only the very best service professionals and companies that Marbella has to offer.

CONSTRUCTION

RENOVATION

ARCHITECTS

INTERIORS

FURNITURE

LANDSCAPING

MAINTENANCE

DECORATION

SECURITY

INSURANCE

MORTGAGES

STAFF

PANORAMA CLIENT SERVICES For more information please contact our Director of Client Services, Jo Borda on Tel: (+34) 952 863 750 Email: jo@panorama.es www.panorama.es

‘‘I would like to thank Panorama for everything that they have done.’’ Barry Beck

GOLDEN MILE

Ref: 7702

A truly magnificent and unique estate in Cascada de Camoján A warm, wonderful and very private mansion with sea views, within a short drive to Puerto Banús. Surrounded by a beautiful mature garden with several water features, ideal for day or night-time entertaining. Possibility of building a separate villa.

76

Marbella’s Longest Established Real Estate Agency

Bedrooms:

6

Bathrooms:

6

Built:

2,491 m2

Plot:

8,625 m2

Price:

€ 17,500,000

www.panorama.es

+34 952 863 750

‘‘This sale was handled with professionalism, seriousness and speed.’’ Ramón Moreno Rubio

+34 952 863 750

www.panorama.es

An International Associate of Savills

77

‘‘Savills reviewed a number of good agencies. Panorama stood out significantly.’’ Rupert Sebag–Montefiore

MARBELLA EAST

Ref: 8660

Beachfront gem in Los Monteros Amazing frontline beach mansion with spectacular sea views distributed over one level around an interior Arabesque-style courtyard with fountain, palm trees and a covered gallery. Lovely tropical garden with large pool, gazebo, covered BBQ area with sitting and dining areas, adjacent to the famous La Cabane restaurant.

78

Marbella’s Longest Established Real Estate Agency

Bedrooms:

7

Bathrooms:

7

Built:

1,129 m2

Terraces:

494 m2

Plot:

3,559 m2

Price:

on application

www.panorama.es

+34 952 863 750

‘‘We would like to thank you for your excellent service in assisting us to sell our property.’’ Elaine Gill

GOLDEN MILE

Ref: 8976

Modern, brand-new mansion in Sierra Blanca Spectacular contemporary-style mansion enjoying dazzling panoramic views to the mountains and the Mediterranean coastline.

Built over 3 levels with high quality specifications throughout, it features a spa area with Jacuzzi, gym, cinema/games room. Garden with heated pool. Sought-after area with high level of security.

+34 952 863 750

www.panorama.es

Bedrooms:

7

Bathrooms:

7

Built:

1,846 m2

Terraces:

873 m2

Plot:

5,107 m2

Price:

€ 15,900,000

An International Associate of Savills

79

‘‘Thank you Christopher for your highly professional service.’’ Brian Beazer

GOLDEN MILE

Ref: 9785

“Serenity” in Cascada de Camoján Completed Spring 2017, “Serenity” is situated in one of Marbella’s most exclusive and secure gated communities. Nestling in the foothills of the beautiful La Concha mountain, with spectacular sea and mountain views and only a stone’s throw from the world famous Golden Mile, “Serenity” offers its new owner a rare combination of peace, tranquillity and stimulation.

80

Marbella’s Longest Established Real Estate Agency

Bedrooms: Bathrooms: Built: Plot: Price:

www.panorama.es

5 6 920 m2 5,300 m2 € 13,500,000

+34 952 863 750

‘‘I would like to congratulate Panorama for their professionalism.’’ Felipe Martínez del Mármol

+34 952 863 750

www.panorama.es

An International Associate of Savills

81

‘‘We wanted to thank Panorama for their impeccable service and support.’’ Christian Höglund

BENAHAVÍS

Ref: 9767

Exclusive contemporary villa in La Zagaleta Brand-new villa boasting uninterrupted, panoramic views. The spacious living areas are on three levels, including an entertainment level with cinema; wine cellar and tasting room; fitness suite; bar and entertainment area by the indoor infinity pool and Jacuzzi. Offered fully furnished with bespoke made-to-measure contemporary furniture.

82

Marbella’s Longest Established Real Estate Agency

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

www.panorama.es

8 8 2,320 m2 328 m2 5,044 m2 € 16,500,000

+34 952 863 750

‘‘I would like to thank you for your help in finding an apartment in Marbella.’’ F.W

+34 952 863 750

www.panorama.es

An International Associate of Savills

83

‘‘I would like to publicly congratulate the Clover family.’’ Angeles Muñoz

BENAHAVÍS

Ref: 9563

Contemporary living at its absolute best Breathtaking state-of-the-art luxury home built to the highest specifications in the heart of La Zagaleta Country Club. Southfacing, stunning home flooded with light, large windows and semitransparent design. Beautiful manicured garden with gazebo and infinity pool. Spa area with a large indoor pool and open gym area.

84

Marbella’s Longest Established Real Estate Agency

Bedrooms: Bathrooms: Built: Plot: Price:

www.panorama.es

8 8 1,700 m2 7,350 m2 on application

+34 952 863 750

‘‘I would like to thank Panorama for the high class service I have received from them.’’ Sergey Ivakhno

+34 952 863 750

www.panorama.es

An International Associate of Savills

85

‘‘In my opinion, Panorama is a world–class company, the best in their field.’’ Salah M. Al Jaidah

MARBELLA EAST

Ref: 7542

Stylish, contemporary beachfront villa in Los Monteros Magnificent contemporary-style beachfront home. Completed in 2011 using top quality materials and enjoying a landscaped garden with direct access to the beach and an infinity pool with waterfall and chill-out area. Also available for rent.

88

Marbella’s Longest Established Real Estate Agency

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

www.panorama.es

5 5 428 m2 190 m2 1,579 m2 on application

+34 952 863 750

‘‘Mr. Clover’s invaluable knowledge is a testament to the family’s history.’’ Nooruddin Mostafa Abdullatif

NUEVA ANDALUCÍA

Ref: 7660

Exceptional mansion in Las Brisas Outstanding villa with incredible views to La Concha mountain.

Exquisitely designed and decorated, this villa is surrounded by a beautifully landscaped garden with gazebo and heated pool. Features include: huge roof terrace, 12-seat cinema, wine cellar, gym, spa with indoor heated pool, 6-car garage, staff quarters and much more.

+34 952 863 750

www.panorama.es

Bedrooms:

5

Bathrooms:

6

Built:

1,500 m2

Terraces:

500 m2

Plot:

3,158 m2

Price:

on application

An International Associate of Savills

89

‘‘Thank you Chris and your great team.’’ Ibrahim M. Jaidah

MARBELLA EAST

Ref: 7474

Unique country estate in Altos de Los Monteros Located within minutes to the beach and only a 5 minutes’ drive to Marbella centre, this elegant country home is in immaculate condition and its huge plot includes great variety of fruit trees, 2 water wells, electricity generator, security cameras and private road surrounding the entire villa.

90

Marbella’s Longest Established Real Estate Agency

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

www.panorama.es

8 7 1,162 m2 93 m2 76,855 m2 € 8,950,000

+34 952 863 750

‘‘Such a professional, polite and efficient manner. I can recommend your services to everyone.’’ C. E. Jacobson

BENAHAVÍS

Ref: 9293

Spectacular villa with panoramic sea views Splendid brand-new contemporary-style mansion in the most luxury and secure golf community on the Coast, La Zagaleta Country Club, enjoying panoramic views to the sea and mountains. Built to high specifications it includes a spa area with Jacuzzi, gym, cinema/games room and staff apartment. Mature garden with heated infinity pool.

+34 952 863 750

www.panorama.es

Bedrooms:

7

Bathrooms:

8

Built:

1,800 m2

Plot:

9,512 m2

Price:

€ 8,900,000

An International Associate of Savills

91

‘‘We have a good heart to recommend Panorama to our friends.’’ Oleg Morikov

GOLDEN MILE Ref: 9765

Unique Tuscan-style villa in Altos Reales A stylish villa with separate guest house with stunning views in one of the most exclusive gated communities with 24-hour security.

Lovely interior patio and a beautiful landscaped garden, pond, heated pool, sauna, fully security system, staff quarters and a 6-car garage.

92

Marbella’s Longest Established Real Estate Agency

Bedrooms: Bathrooms: Built: Plot: Price:

www.panorama.es

5 4 922 m2 5,402 m2 on application

+34 952 863 750

‘‘Panorama dealt with the sale of our apartment in a most professional way.’’ Valerie & Norman Fetterman

+34 952 863 750

www.panorama.es

An International Associate of Savills

93

‘‘We love Panorama for their professionalism and highest level of integrity.’’ Mola Ireland

94

Marbella’s Longest Established Real Estate Agency

www.panorama.es

+34 952 863 750

‘‘I am delighted to collaborate with the agent I respect the most on the coast.’’ Marc van Hoecke

GOLDEN MILE Ref: 8727

Contemporary beachside villa in Las Torres Fantastic villa in a sought-after urbanization with 24-hour security, next to the Marbella Club Hotel. The combination of stylish elegance and contemporary designs are merged to create this outstanding home. Prime beachside location on the Golden Mile.

+34 952 863 750

www.panorama.es

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

An International Associate of Savills

6 6 640 m2 135 m2 1,200 m2 € 7,900,000

95

‘‘I have always found Panorama to be charming and helpful, – good people to work with!’’ Richard Lay

GOLDEN MILE

Ref: 8873

Modern masterpiece in Cascada de Camoján Set on a double plot in a gated community offering 24-hour security, this mansion has panoramic sea views and features an Asian terraced garden, wine cellar, cinema room with bar, 4-car garage with revolving floor, underfloor heating and geothermal installation.

Wonderful mature garden with heated salt water pool.

96

Marbella’s Longest Established Real Estate Agency

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

www.panorama.es

6 5 1,037 m2 262 m2 5,200 m2 € 6,950,000

+34 952 863 750

‘‘Panorama, you provided exactly what I needed, so a big gracias!’’ Martin Haynes

SAN PEDRO DE ALCANTÁRA

Ref: 8467

Modern beachside mansion in Guadalmina Baja Fabulous second line beach, brand-new villa in this sought-after area, close to golf courses, amenities, schools and walking distance to the beach. Offering bright and spacious rooms, 200 m2 roof terrace with chill out area and Jacuzzi, games room and much more. Ideal for entertaining, just minutes’ drive to Puerto Banús!

+34 952 863 750

www.panorama.es

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

An International Associate of Savills

4 4 1,165 m2 373 m2 3,301 m2 € 6,900,000

97

‘‘I cannot but recommend this exceptional agency in every respect.’’ R. Maus de Terwangne

BENAHAVÍS

Ref: 9728

Ultra-modern mansion in La Zagaleta State-of-the-art mansion in this prestigious country club enjoying magnificent mountain and golf views. Impressive indoor heated pool with waterfall; spa area; games room; gym; temperature controlled wine cellar; lift; special water features in the garden; domotic system; underfloor heating; wireless music system and many more features.

98

Marbella’s Longest Established Real Estate Agency

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

www.panorama.es

6 6 1,046 m2 175 m2 3,316 m2 € 6,500,000

+34 952 863 750

‘‘Doing business in a first class way with first class clients seems to be Panorama’s attribute’’ Martine Laurent

+34 952 863 750

www.panorama.es

An International Associate of Savills

99

‘‘Your professional approach and friendly assistance was much appreciated.’’ Lord David Evans

100

Marbella’s Longest Established Real Estate Agency

www.panorama.es

+34 952 863 750

‘‘Thank you very much for your intervention during the purchase process of our house’’ Olivier Bertrand

BENAHAVÍS

Ref: 6648

Exquisite contemporary-style villa in La Zagaleta Brand-new villa with panoramic sea views within this exclusive country club, offering the highest levels of security, privacy and facilities including a private golf course. Top quality specs throughout.

An impressive property with lots of space and light.

+34 952 863 750

www.panorama.es

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

An International Associate of Savills

5 5 950 m2 227 m2 4,237 m2 on application

101

‘‘My experience with Panorama is very satisfactory.’’ Carlos Abril

NUEVA ANDALUCÍA

Ref: 9290

Contemporary masterpiece in the Golf Valley Modern villa under construction offering breathtaking sea and golf views in La Cerquilla, only 5 minutes’ drive to Puerto Banús and the beach. On 2 levels, plus basement and rooftop, this property will have an indoor pool; gym; spa; cinema; wine cellar and tennis court.

Expected completion: December 2017.

102

Marbella’s Longest Established Real Estate Agency

Bedrooms:

6

Bathrooms:

6

Built:

1,021 m2

Plot:

2,454 m2

Price:

€ 6,500,000

www.panorama.es

+34 952 863 750

‘‘I am most grateful for Chris & Sean’s prompt action and many kindnesses.’’ Ena Abensur

GOLDEN MILE

Ref: 7148

Mediterranean-style villa with panoramic sea, Gibraltar and Africa views Impressive villa with guest house and Moroccan touches, located in Sierra Blanca. Situated on a large plot featuring a splendid landscaped garden, barbecue area, 12m x 6m heated swimming pool and a tennis court. 24-hour security, within a short drive to Marbella.

+34 952 863 750

www.panorama.es

Bedrooms:

9

Bathrooms:

8

Built:

1,100 m2

Plot:

3,361 m2

Price:

€ 6,400,000

An International Associate of Savills

103

‘‘With your professional profile our important investment really became a success.’’ Jorgen Wilfert

NUEVA ANDALUCÍA

Ref: 8990

Elegant mansion with sea views on a large plot A warm, wonderful and very private mansion with sea views, within easy walking distance to Puerto Banús. Surrounded by a beautiful mature garden with several water features, ideal for day or nighttime entertaining. The property boasts modern features with a touch of old world sophistication. Possibility of building a separate villa.

104

Marbella’s Longest Established Real Estate Agency

Bedrooms:

5

Bathrooms:

5

Built:

805 m2

Plot:

3,593 m2

Price:

€ 5,975,000

www.panorama.es

+34 952 863 750

‘‘I am very pleased with the professionalism of your team and the treatment received.’’ María Teresa Sanchez

BENAHAVÍS

Ref: 9572

Impressive villa with panoramic views Stunning villa set on one of the best plots of Los Flamingos Golf, right across from the renowned Villa Padierna hotel. Fantastic for entertaining, the property can accommodate up to 24 guests. Great rental potential. Possibility to build an additional villa on an adjacent 1,000 m2 plot of land.

106

Marbella’s Longest Established Real Estate Agency

Bedrooms:

10

Bathrooms:

10

Built:

1,085 m2

Plot:

3,925 m2

Price:

€ 5,950,000

www.panorama.es

+34 952 863 750

‘’Panorama’s deep knowledge of the real estate market values resulted in an exceptional service.’’ Ena Abensur

+34 952 863 750

www.panorama.es

An International Associate of Savills

107

‘‘I was delighted with the service that I received from Panorama’’ Richard

NUEVA ANDALUCÍA

Ref: 9211

Brand-new mansion in the Golf Valley Stunning villa with great sea and golf views in La Cerquilla. Built to high specifications throughout including a Bulthaup kitchen, bright and spacious rooms, all with views, 200 m2 on the lower level to be developed and can be converted into an entertainment area including a pool, Jacuzzi, gym, cinema and bar area. Short drive to Puerto Banús.

108

Marbella’s Longest Established Real Estate Agency

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

www.panorama.es

5 5 794 m2 476 m2 2,450 m2 € 5,850,000

+34 952 863 750

‘‘I would have no hesitation in recommending Panorama to others.’’ Philip Woodman

+34 952 863 750

www.panorama.es

An International Associate of Savills

109

‘‘Hats off to Sarina Garber of Panorama, she was simply outstanding!’’ Suzanne Higgins

GOLDEN MILE

Ref: 8202

Elegant mansion in Sierra Blanca Magnificent villa in one of the most prestigious areas of Marbella with splendid sea and mountain views. Beautifully designed by the renowned architect Melvin Villarroel with large windows to flood the interior with light. The villa offers a cinema room with bar, gym with sauna and Jacuzzi, under-floor heating and views from every room!

110

Marbella’s Longest Established Real Estate Agency

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

www.panorama.es

7 7 909 m2 138 m2 1,894 m2 € 5,950,000

+34 952 863 750

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Find your dream home at mimove.com.

AFFILIATED MIMOVE AGENT

+34 952 863 750

www.panorama.es

An International Associate of Savills

111

‘‘If I were selling my villa today I would list it with VIVA & PANORAMA.’’ Chris McCarthy, CEO, Viva

SAN PEDRO DE ALCANTÁRA

Ref: 8957

Magnificent beachside family home in Guadalmina Baja Stunning beachside villa in one of the most prestigious complexes, near two 18-hole golf courses, hotels, schools and other amenities.

The property is surrounded by more than 5,500 m2 of tropical gardens with its own well, tennis court, several types of palm and fruit trees.

112

Marbella’s Longest Established Real Estate Agency

Bedrooms:

9

Bathrooms:

5

Built:

960 m2

Plot:

5,577 m2

Price:

€ 5,000,000

www.panorama.es

+34 952 863 750

‘‘The team from the Puente Romano office were exceptional.’’ Stephen J. Minchin

GOLDEN MILE

Ref: 9718

Unique beachfront duplex apartment in Oasis de Banús Spectacular apartment within this luxurious complex walking distance to Puerto Banús and the Marbella Club and Puente Romano Hotels. A prestigious development built to the highest standards with only 21 apartments, all south-facing with breathtaking views.

+34 952 863 750

www.panorama.es

Bedrooms:

4

Bathrooms:

4

Built:

342 m2

Terraces:

154 m2

Price:

€ 4,950,000

An International Associate of Savills

113

‘‘I was impressed by the reliable & responsible attitude displayed by the Panorama team.’’ Angel Salesi Ballero

NUEVA ANDALUCÍA

Ref: 8115

Spectacular modern villa in La Cerquilla Completely rebuilt home with sea views in a sought-after area in the Golf Valley. Featuring home cinema, entertainment area with bar, luxurious spa, domotic system, under-floor heating, hydro-massage baths and showers, security system and much more.

NUEVA ANDALUCÍA

5 5 976 m2 2,560 m2 € 4,995,000

Ref: 7738

Classical château-style villa in Aloha Set in a prestigious residential area in the Golf Valley, this magnificent home is ideal for entertaining, includes all modern comforts and offers complete privacy and security. Close to all amenities, schools, shops, restaurants and Puerto Banús. Ideal for year round living or for absolute luxury holidays.

114

Bedrooms: Bathrooms: Built: Plot: Price:

Marbella’s Longest Established Real Estate Agency

Bedrooms:

9

Bathrooms:

6

Built: 1,635 m2 Plot: 3,844 m2 Price:

www.panorama.es

€ 4,987,500

+34 952 863 750

‘‘It is more than professionalism, it is talent and you (Chris) are an artist.’’ Pierre Laisné

GOLDEN MILE

Ref: 8683

Mediterranean-style villa in Altos de Puente Romano Splendid 4-floor villa in an exclusive urbanization with 24-hour security and 10-minutes’ walk to the beach. Mature garden with fountains, pond with cascade, swimming pool and vegetable garden.

Also featuring: gym, sauna, Jacuzzi in all bathrooms & wine cellar.

GOLDEN MILE

5

Bathrooms:

5

Built:

1,229 m2

Plot:

2,029 m2

Price:

€ 4,950,000

Bedrooms:

8

Bathrooms:

8

Built:

1,083 m2

Plot:

2,201 m2

Price:

€ 4,900,000

Ref: 9608

Elegant villa in one of the best residential areas Bright villa with spectacular panoramic sea views in Sierra Blanca, one of the most exclusive areas of the Golden Mile. Features include: underfloor heating, wooden double glazed windows, marble floors and wooden floors in bedrooms. Mature garden with heated pool and double garage.

+34 952 863 750

Bedrooms:

www.panorama.es

An International Associate of Savills

115

‘‘We were delighted that we found you and that you do actually care about your customers.’’ Mark Blake

GOLDEN MILE

Ref: 9126

Brand-new villa in the prestigious complex of Sierra Blanca Contemporary-style villa with sea views in one of the most soughtafter communities with 24-hour security. This south-facing villa is finished to the highest specifications and features beautiful mature garden with heated pool, offered fully furnished.

116

Marbella’s Longest Established Real Estate Agency

Bedrooms:

5

Bathrooms:

5

Built:

728 m2

Terraces:

92 m2

Plot:

1,471 m2

Price:

€ 4,150,000

www.panorama.es

+34 952 863 750

‘‘I consider your company to be highly competent, responsible and respected.’’ Ignacio Perez de Vargas

BENAHAVÍS

Ref: 8703

Stunning Andalusian cortijo-style villa in La Zagaleta Andalusian-style villa, offering magnificent golf and mountain views in this private and prestigious Country Club with highest levels of facilities and services. This southwest-facing home offers stunning landscaped garden and heated saltwater pool.

+34 952 863 750

www.panorama.es

Bedrooms:

5

Bathrooms:

5

Built:

543 m2

Terraces:

195 m2

Plot:

5,520 m2

Price:

€ 3,950,000

An International Associate of Savills

117

‘‘You have carefully and intelligently looked after my real estate interests.’’ Otto E. Roethenmund

BENAHAVÍS

Ref: 7642

Modern villa in the prestigious La Zagaleta Magnificent villa, enjoying mountain views and surrounded by nature in this prestigious Country Club. The garden has been left in its natural state and includes a heated pool with waterfall and a BBQ area. Special features: geothermal energy for under-floor heating; computer controlled lighting; advanced home Domotic system.

BENAHAVÍS

4 4 810 m2 369 m2 3,375 m2 € 4,900,000

Ref: 8794

Impressive Mediterranean villa in Marbella Club Golf Resort Elegant villa enjoying panoramic views over the golf course, the coastline and Gibraltar in a gated community with 24-hour security.

Features include: indoor heated pool, cinema room, under-floor heating, peripheral alarm system and Italian marble floors.

118

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

Marbella’s Longest Established Real Estate Agency

Bedrooms: 6 6 Bathrooms: Built: 870 m2 Terraces: 93 m2 Plot: 4,085m2 Price: € 3,900,000

www.panorama.es

+34 952 863 750

‘‘I selected PANORAMA because they can offer a professional service.’’ Antonio García Dominguez

GOLDEN MILE

Ref: 9707

Immaculate contemporary beachside villa Stunning beachside villa in a fabulous location, on a quiet street, walking distance to everything. Special features include: wooden floors throughout, underfloor heating in bathrooms, air conditioning, alarm system inside the villa and perimetral alarm system in the garden, only a stone’s throw away from the beach.

MARBELLA EAST

5 5 317 m2 800 m2 € 3,500,000

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

6 4 382 m2 176 m2 820 m2 € 3,500,000

Ref: 9423

Contemporary Scandinavian-style beachfront villa in Costabella Beachfront villa on one of Marbella’s nicest sandy beaches. Built to the highest standards on 4 levels connected by a lift. Extra features include: LED lighting, VR A/C hot and cold, Sonos wireless sound system, underfloor heating, electric blinds and alarm system.

+34 952 863 750

Bedrooms: Bathrooms: Built: Plot: Price:

www.panorama.es

An International Associate of Savills

119

‘‘You have handled our property transactions in a caring and highly professional manner.’’ Khalid M. Kanoo

NUEVA ANDALUCÍA

Ref: 6037

Tropical oasis in the Golf Valley Andalusian-style frontline golf villa with a guest house. Designed by Melvin Villarroel and recently refurbished, it is located in a community with 24-hour security and views over Las Brisas Golf Course.

Magnificent tropical garden with wooden bridges, gazebo and heated pool. Direct access to the golf course. Short drive to Puerto Banús.

120

Marbella’s Longest Established Real Estate Agency

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

www.panorama.es

5 6 496 m2 217 m2 2,703 m2 € 3,650,000

+34 952 863 750

Excellence in construction, installations and property maintenance Efficiency and complete customer satisfaction CODORA S.L, C/ Juan de la Cierva 11-1 D, Marbella 29603 +34 952 863 750

+34 951 704 074

www.panorama.es

info@codora.es

An International Associate of Savills

121

‘‘I would like to thank PANORAMA for their efficient handling of our property.’’ Ma Carmen Rodriguez

NUEVA ANDALUCÍA

Ref: 9721

Stunning contemporary villa in the Golf Valley Brand-new stylish villa in a fantastic location, close to all amenities, schools, golf courses, restaurants and Puerto Banús. Enjoying sea, golf and mountain views, this villa has been exquisitely designed and decorated in a contemporary style. Bright and spacious rooms throughout, ideal for entertaining.

GOLDEN MILE

4 3 385 m2 538 m2 1,025 m2 € 2,995,000

Ref: 5333

Fantastic villa in Sierra Blanca Rustic-style family home situated in one of the best residential areas, close to Marbella town. This property was recently built enjoying magnificent views to the Mediterranean coast and offers a superb tropical garden with two fountains and infinity pool.

122

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

Marbella’s Longest Established Real Estate Agency

Bedrooms: 6 6 Bathrooms: Built: 801 m2 Plot: 2,091 m2 Price: € 3,450,000

www.panorama.es

+34 952 863 750

‘‘The dedication, friendliness, honesty and integrity tops all of our other experiences.’’ Allen Salmasi

SAN PEDRO DE ALCÁNTARA

Ref: 9481

Stylish villa in the prestigious area of Guadalmina Baja Spectacular beachside villa partially refurbished situated on a very private south-facing plot. Open terraces and a spacious covered porch larger than 100 m², ideal for outdoor dining and entertaining.

Built to the highest standards and walking distance to the beach.

GOLDEN MILE

6 6 916 m2 2,022 m2 € 3,400,000

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

5 4 382 m2 131 m2 858 m2 € 2,995,000

Ref: 9363

Modern villa just below Sierra Blanca Immaculate contemporary-style villa bordering Sierra Blanca and enjoying panoramic sea views. Lovely mature garden with heated pool. Features include: solar energy, porcelain tiles, underfloor heating, pre-installation of perimetral alarm and security cameras.

Ideally situated and within a 5-minute drive to Puerto Banús!

+34 952 863 750

Bedrooms: Bathrooms: Built: Plot: Price:

www.panorama.es

An International Associate of Savills

123

‘‘I received an exceptional service from Andy and Chris at Panorama.’’ Nathan Bostock

BENAHAVIS

Ref: 9758

Mediterranean-style villa in El Madroñal Stunning villa with a Moroccan flair, enjoying superb views. Situated in a gated community surrounded by nature. In immaculate condition, the home was built in an elegant style with lots of character. A dream country-style property, within a short drive to amenities and the beach.

124

Marbella’s Longest Established Real Estate Agency

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

www.panorama.es

7 7 786 m2 184 m2 4,550 m2 € 3,150,000

+34 952 863 750

‘‘It was refreshing to deal with honorable people.’’ Annabelle Bennet

+34 952 863 750

www.panorama.es

An International Associate of Savills

125

‘‘An agency that has built it’s reputation on the highest level of personal attention.’’ Sergio Avanzi

NUEVA ANDALUCÍA

Ref: 9072

Elegant family home in La Cerquilla Elegant and spacious classic-style villa situated in one of the best areas of the Golf Valley. Built to high standards and surrounded by a large mature garden with palm, olive and fruit trees and a swimming pool. Close to several golf courses and only a short drive to Puerto Banús.

NUEVA ANDALUCÍA

5 5 535 m2 119 m2 3,119 m2 € 2,985,000

Ref: 8942

Deluxe villa project in a prime location Contemporary villa in La Cerquilla, one of the most sought-after areas of the Golf Valley, close to several golf courses and only 5-minutes’ drive to Puerto Banús. Ideal for those looking for a peaceful home and exclusive design. Expected completion 2018.

126

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

Marbella’s Longest Established Real Estate Agency

Bedrooms:

5

Bathrooms:

5

Built: 575 m2 Plot: 1,684 m2 Price:

www.panorama.es

€ 2,750,000

+34 952 863 750

‘‘Panorama is my guarantee of seriousness, professionalism and efficiency.’’ Rafael Cruz Conde

GOLDEN MILE

Ref: 8769

Exceptional villa within superb views in Altos Reales Exceptional villa in this exclusive gated complex of villas with 24hour security. Two villas that have been joined together making a very special house. Within a close drive to amenities, Marbella centre and Puerto Banús.

MARBELLA EAST

8

Bathrooms:

6

Built:

839 m2

Plot:

1,619 m2

Price:

€ 2,850,000

Bedrooms:

4

Bathrooms:

4

Built:

270 m2

Terraces:

100 m2

Price:

€ 2,960,000

Ref: 9406

Luxurious duplex penthouse in a frontline beach complex Outstanding penthouse close to the 5-star Hotel Los Monteros. The community offers sub-tropical gardens with pool, 24-hour security & direct access to the beach. The apartment is accessed directly from the lift. A fantastic property for those looking for beachfront luxury!

+34 952 863 750

Bedrooms:

www.panorama.es

An International Associate of Savills

127

‘‘I admire the professionalism, seriousness, and goodwill you have shown.’’ Antonio Ruiz Joyanes

GOLDEN MILE

Ref: 9432

Modern villa near the Puente Romano hotel Contemporary villa under construction in the prestigious urbanization of Las Lomas del Marbella Club. Features include: water heated by aerothermal pump, home automation, Technal double glazing, electric shutters, pre-installation of pool heating system. Estimated completion: November 2017.

ESTEPONA

6 5 491 m2 285 m2 1,011 m2 € 2,850,000

Ref: 8956

Modern beachside villa in Casasola Brand-new contemporary-style beachside villa. This southfacing home is designed by a renowned architect and features top specifications throughout, including: double glazed windows, porcelain floor tiles, under-floor heating, solar panels, home intelligent system, hydro massage spa and many more features.

128

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

Marbella’s Longest Established Real Estate Agency

Bedrooms: 4 4 Bathrooms: Built: 552 m2 Plot: 1,081 m2 Price: € 2,850,000

www.panorama.es

+34 952 863 750

‘‘Panorama performed an outstanding job in both marketing and selling my house.’’ Ralph Watson

GOLDEN MILE

Ref: 9299

Spacious apartment in an unbeatable location Exceptional west-facing beachside corner apartment with beautiful sea and garden views. Situated within one of the most sought-after complexes in Marbella centre with 24-hour security and concierge service. Walking distance to the beach and all amenities.

GOLDEN MILE

5 4 339 m2 € 2,590,000

Bedrooms:

4

Bathrooms:

4

Built:

419 m2

Terraces:

40 m2

Plot:

70 m2

Price:

€ 2,490,000

Ref: 9583

Enormous brand-new duplex apartment in Sierra Blanca Luxurious ground-floor corner apartment constructed with the technologically advanced Sismo building concept, including the ultimate development of a smart home system. The complex boasts a huge pool, Mediterranean gardens and a spacious gym.

+34 952 863 750

Bedrooms: Bathrooms: Built: Price:

www.panorama.es

An International Associate of Savills

129

‘‘Panorama is better than agents I have dealt with in New York, Paris, Geneva, London...’’ Yannic P. Mercier

GOLDEN MILE

Ref: 6127

Seafront apartment in Port Oasis Spectacular beachfront apartment on the first floor in an emblematic building situated on Marbella’s Golden Mile. Impressive views from the living/dining room, kitchen and terrace. Features include: beautiful communal gardens, swimming pool, garage and concierge service.

130

Marbella’s Longest Established Real Estate Agency

Bedrooms: Bathrooms: Built: Terraces: Price:

www.panorama.es

3 3 200 m2 127 m2 € 2,195,000

+34 952 863 750

‘‘I would have no reservations in recommending your company to any prospective purchaser.’’ Mr John Ellison

+34 952 863 750

www.panorama.es

An International Associate of Savills

131

‘‘Panorama helped give me a great start in the home of my dreams.’’ M. Houssain Sharif

BENAHAVÍS

Ref: 9554

Lovely villa in the exclusive gated community of El Herrojo A charming family home enjoying wonderful golf, mountain and distant sea views. Situated across from La Quinta Golf, with 24-hour security and only a 5-minute drive to Puerto Banús. Mature garden with pool and gazebo, ideal for outdoor dining.

132

Marbella’s Longest Established Real Estate Agency

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

www.panorama.es

5 6 308 m2 257 m2 1,013 m2 € 2,250,000

+34 952 863 750

ONE OF EUROPE’S BEST KNOWN AND MOST LOVED PROPERTY PUBLICATIONS

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‘‘All the staff of Panorama are extremely professional. Nothing seemed to be too much trouble.’’ Steven Leach

NUEVA ANDALUCÍA

Ref: 8757

Contemporary villa under construction in La Cerquilla Magnificent villa in one of the most sought-after areas of the Golf Valley, due for completion Spring 2017. Includes: a roof terrace with superb views, garden with pool (pre-installation for heating), Villeroy & Boch bathrooms, underfloor heating, domotic system, alarm, etc.

GOLDEN MILE

5 4 378 m2 260 m2 842 m2 € 2,350,000

Ref: 7351

Stunning villa with sea views in a privileged area Magnificent villa in one of the most sought-after areas with mature garden and salt water pool. Built with top quality materials, this property enjoys sea views from all levels. Features include: underfloor heating, teak windows with double glazing, marble floors on lower level and wooden floors on upper levels.

134

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

Marbella’s Longest Established Real Estate Agency

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

www.panorama.es

5 4 651,5 m2 66 m2 900 m2 € 2,350,000

+34 952 863 750

‘‘I cannot compliment you enough on the professionalism of both you and your staff.’’ Geoffrey D. Holloway

GOLDEN MILE

Ref: 9483

Immaculate villa in Los Picos de Nagüeles Luxurious villa in a gated complex next to Sierra Blanca. Due to its magnificent location the property enjoys stunning views to the coastline and the surrounding mountains. Features include: underfloor heating throughout, electric shutters, automatic irrigation system and much more.

NUEVA ANDALUCÍA

5 4 500 m2 58 m2 1,200 m2 € 2,300,000

Bedrooms:

4

Bathrooms:

4

Built:

399 m2

Terraces:

65 m2

Plot:

1,589 m2

Price:

€ 2,300,000

Ref: 8799

Frontline golf villa in an ideal location Exceptional modern-style home overlooking Los Naranjos Golf Course and near La Quinta, superbly finished to high standards.

Blending bold contemporary lines with beautiful design features, the house is set on a landscaped mature garden with decked swimming pool, covered terrace, Jacuzzi and zen water fountain.

+34 952 863 750

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

www.panorama.es

An International Associate of Savills

135

‘‘The Panorama team are real professionals with outstanding moral characters.’’ Dr. Gaspar García

MARBELLA EAST

Ref: 8477

Lovely golf property with panoramic views Magnificent villa next to the famous Rio Real golf course and enjoying a beautiful tropical garden. South-east facing, built with top quality materials and featuring under floor heating and domotic system.

An ideal family home for golfers within a ten minute drive from Marbella centre!

136

Marbella’s Longest Established Real Estate Agency

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

www.panorama.es

6 5 538 m2 45 m2 1,980 m2 € 2,150,000

+34 952 863 750

‘‘We were very impressed with the friendly and professional service you provided.’’ John & Diane Campbell

BENAHAVÍS

Ref: 8800

Immaculate villa in the exclusive community of Vega Colorado Elegant villa offering complete privacy and enjoying sea and mountain views. Set in a gated complex with 24-hour security, only a short drive to golf courses and Puerto Banús. Lovely mature garden with heated pool and orchard. A family home in a tranquil area!

+34 952 863 750

www.panorama.es

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

An International Associate of Savills

4 4 530 m2 107 m2 2,750 m2 € 1,995,000

137

‘‘Thank you very much for your invaluable help in selling my apartment.’’ Lord Evans of Watford

SAN PEDRO DE ALCÁNTARA

Ref: 9205

Elegant home steps to the beach in Cortijo Blanco Lovely villa on a large plot in an established residential area, just a few minutes’ walk to the beach, restaurants and shops. Distributed over one level and surrounded by a beautiful mature garden with pool. Night time security guard in the complex.

NUEVA ANDALUCÍA

5

Bathrooms:

5

Built:

351 m2

Terraces:

182 m2

Plot:

2,000 m2

Price:

€ 2,450,000

Ref: 9534

Frontline golf villa in Los Naranjos Golf Club Bright villa in Los Naranjos , with very spacious rooms and great views to the golf course and the sea. All rooms have large windows and the natural light spreads all over the house throughout the day.

Lovely garden with pool and great views.

138

Bedrooms:

Marbella’s Longest Established Real Estate Agency

Bedrooms:

5

Bathrooms:

5

Built:

405 m2

Plot:

1,573 m2

Price:

€ 2,250,000

www.panorama.es

+34 952 863 750

‘‘Their assistance and support is regular and constructive.’’ Carlos Abril

MARBELLA EAST

Ref: 9424

Luxurious villa next to the best beaches in Los Monteros Contemporary beachside villa located in this exclusive community in Marbella East, walking distance to the beach, the renowned hotel Los Monteros and the famous La Cabane Beach Club. Only a 10-minute drive to Puerto Banús!

NUEVA ANDALUCÍA

4

Bathrooms:

3

Built:

238 m2

Terraces:

150 m2

Plot:

1,000 m2

Price:

€ 2,150,000

Bedrooms:

4

Bathrooms:

4

Built:

327 m2

Plot:

1,451 m2

Price:

€ 2,100,000

Ref: 9514

Contemporary-style villa in Las Brisas Stylish villa in this sought-after area, offering great views and a garden with palm trees, large pool, Jacuzzi and bar with BBQ area.

Completely renovated and offering: underfloor heating, security glass doors and windows, black porcelain tiles on floors, Italian stucco wall, wireless alarm system and much more.

+34 952 863 750

Bedrooms:

www.panorama.es

An International Associate of Savills

139

‘‘Chris and team looked after me with a level of efficiency I have rarely encountered.’’ R. Maus Terwangne

MARBELLA EAST

Ref: 9523

Lovely villa next to the nicest sandy beaches Mediterranean-style beachside villa in Elivira, a tranquil and consolidated residential area in Marbella east. Steps to the beach and walking distance to restaurants and all amenities.

Must be seen to be appreciated.

140

Marbella’s Longest Established Real Estate Agency

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

www.panorama.es

4 3 443 m2 85 m2 1,005 m2 € 1,800,000

+34 952 863 750

‘‘Panorama understood my requirements perfectly.’’ Olivier Bertrand

GOLDEN MILE

Ref: 6844

Ideal family home in Las Lomas del Marbella Club Enjoying sea and mountain views, this splendid home features an Arabic style chill-out lounge, terrace with glass roof pergola, wine cellar, gym with sauna and Jacuzzi, salt water swimming pool and pond with water fall. Minutes’ walk to the Puente Romano hotel.

+34 952 863 750

www.panorama.es

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

An International Associate of Savills

5 5 442 m2 140 m2 1,078 m2 € 1,675,000

141

‘‘I strongly believe that successful real estate agencies need to be more than good salesmen.’’ Richard Lay

GOLDEN MILE

Ref: 9740

Semi-detached villa with superb views Elegant family home with excellent specifications throughout and enjoying sea views. Featuring: smart home system; energy-efficient LED lighting; underfloor heating; acoustic isolation and much more.

Private plunge pool. Next to Sierra Blanca, and just minutes to Puerto Banús.

142

Marbella’s Longest Established Real Estate Agency

Bedrooms: Bathrooms: Built: Terraces: Plot: Price:

www.panorama.es

6 5 405 m2 200 m2 70 m2 € 1,575,000

+34 952 863 750

The Red Pepper Restaurant has the highest quality food, a great atmosphere and the best service, all at very resonable prices.

Christopher Clover

RESERVATIONS: 952 812 148

‘‘Your attention to detail, courteous emails and rapid responses – a company you can trust.’’ Martin Haynes

BENAHAVÍS

Ref: 8019

Cosy family home with great views in Vega del Colorado Andalusian-style villa within a gated community with 24-hour security, in the Golf Valley between Los Naranjos and La Quinta golf courses and only a short drive to Puerto Banús. Wonderful views to the golf course, mountains and Mediterranean Sea. A real bargain!

MARBELLA EAST

4

Bathrooms:

4

Built:

726 m2

Terraces:

74 m2

Plot:

2,750 m2

Price:

€ 1,995,000

Ref: 8839

Contemporary design and panoramic views in Altos de Los Monteros A fantastic property with high quality standards for those looking for a brand-new modern villa in a peaceful environment and enjoying Marbella’s best views. Within a 15 minute drive to Marbella centre.

144

Bedrooms:

Marbella’s Longest Established Real Estate Agency

Bedrooms:

4

Bathrooms:

4

Built:

463 m2

Terraces: 276 m2 Plot:

1,674 m2

Price:

€ 1,990,000

www.panorama.es

+34 952 863 750

‘‘We very much appreciated your service 24/7, that is hard to find in Southern Europe.’’ Oleg Morikov

BENAHAVÍS

Ref: 9206

Brand-new contemporary villa with great sea views Modern, recently completed villa, enjoying golf and sea views in La Alquería. Situated in a tranquil community, close to many golf courses and within a 10-minute drive to Puerto Banús.

NEW GOLDEN MILE

5

Bathrooms:

5

Built:

389 m2

Terraces:

27 m2

Plot:

1,131 m2

Price:

€ 1,995,000

Bedrooms:

5

Bathrooms:

5

Built:

408 m2

Terraces:

167 m2

Plot:

1,650 m2

Price:

€ 1,695,000

Ref: 6551

Beachside villa walking distance to the sea Family villa with great potential, situated in a quiet urbanization on Estepona’s New Golden Mile. West facing and enjoying a mature garden. Close to all amenities and within a 10 minute drive to Puerto Banus.

+34 952 863 750

Bedrooms:

www.panorama.es

An International Associate of Savills

145

‘‘Without the help of Panorama, I would have never found my apartment in Puerto Banús.’’ Claude Meyer

MARBELLA EAST

Ref: 9516

Fantastic beachside family home

Bedrooms:

4

Mediterranean-style villa, enjoying sea views and a mature garden with pool. Set in a peaceful and pleasant complex, just meters to Las Chapas beach.

Bathrooms:

3

Built:

390 m2

Plot:

630 m2

Price:

€ 1,795,000

PUERTO BANÚS

Ref: 8496

Spectacular beachfront penthouse in Ventura del Mar Situated in one of the most prestigious urbanizations, this duplex penthouse apartment was recently fully renovated and enjoys unbeatable views. The complex has an excellent level of security, tropical gardens, ponds, gym, spa, games room, etc.

146

Marbella’s Longest Established Real Estate Agency

Bedrooms:

3

Bathrooms:

3

Built (incl. terraces): 303 m2 Price:

www.panorama.es

€ 1,795,000

+34 952 863 750

‘‘Panorama was able to offer us exactly what we were looking for - fantastic!’’ Jürgen Wilfert

GOLDEN MILE

Ref: 9549

Luxury beachfront apartment in Gran Marbella Renovated beachfront apartment with superb sea views in this luxury complex with 24-hour security, next to Marbella centre, walking distance to the beach and all amenities. Offered fully furnished with high-end Roche Bobois furniture. A great opportunity to acquire a home close to everything.

MARBELLA EAST

2

Bathrooms:

2

Built:

157 m2

Price:

€ 1,550,000

Bedrooms:

4

Bathrooms:

4

Built:

297 m2

Terraces:

27 m2

Plot:

1,390 m2

Price:

€ 1,599,000

Ref: 9067

Lovely family home with fantastic sea and mountain views in El Rosario Elegant villa set in a peaceful residential area, only a 5-minute drive to the beach. Built on 2 levels this home also offers lovely indoor and outdoor entertainment areas with garden and swimming pool.

Offered fully furnished.

+34 952 863 750

Bedrooms:

www.panorama.es

An International Associate of Savills

147

‘‘Not only did I get the house I wanted, but also I gained a wonderful friend.’’ Ibrahim M. Jaidah

BENAHAVÍS

Ref: 9341

Villa with amazing views in El Madroñal Andalusian-style family home with lots of character and superb sea, golf and mountain views on the hills above San Pedro. South-facing with a lovely mature garden and independent guest apartment.

Situated in a sought-after gated urbanization with 24-hour security and surrounded by nature. Within a 10-minute drive to Puerto Banús!

148

Marbella’s Longest Established Real Estate Agency

Bedrooms:

4

Bathrooms:

4

Built:

374 m2

Terraces:

104 m2

Plot:

5,000 m2

Price:

€ 1,550,000

www.panorama.es

+34 952 863 750

‘‘You helped us find our dream house at a fantastic price with impeccable customer servive.’’ Mola Ireland

GOLDEN MILE

Ref: 9735

Lovely Andalusian-style villa close to the beach Charming, immaculate home in La Carolina, one of the most established areas on the Golden Mile. Distributed over two levels offering bright and spacious rooms throughout. Lovely mature garden with pool and private garage. Ideal for both holidays and yearround living and walking distance to all amenities and the beach.

+34 952 863 750

www.panorama.es

Bedrooms:

4

Bathrooms:

4

Built:

299 m2

Plot:

1,052 m2

Price:

€ 1,350,000

An International Associate of Savills

149

‘‘My gratitude especially for making me feel looked after and protected.’’ Françoise Dard

MARBELLA EAST

Ref: 8631

Superb family home with unbeatable views Built to the highest standards, this exclusive villa is located in a “cul-de-sac” street only 7-minutes’ drive to the beautiful sandy beaches of Los Monteros and enjoying fabulous panoramic views to the mountains, the coastline, Gibraltar, and Morocco.

PUERTO BANÚS

6

Bathrooms:

5

Built:

640 m2

Terraces:

250 m2

Plot:

1,730 m2

Price:

€ 1,560,000

Ref: 8102

Modern refurbished beachfront duplex Stylish fully refurbished ground-floor duplex apartment with fabulous sea views in a luxurious beachfront complex in the heart of Puerto Banús, offering beautiful communal gardens with pool, direct access to the beach and 24-hour security. Prime location, within walking distance to restaurants, glamorous boutiques and all amenities.

150

Bedrooms:

Marbella’s Longest Established Real Estate Agency

Bedrooms:

3

Bathrooms:

4

Built:

324 m2

Terraces:

30 m2

Price:

€ 1,399,000

www.panorama.es

+34 952 863 750

‘‘Their extensive experience made the whole process easier.’’ María Carmen Fuentes Rodriguez

GOLDEN MILE

Ref: 9540

Villa with panoramic views in Marbella Hill Club Beautiful house in this much sought-after area, located only a few minutes’ drive to Marbella centre and the beach. This ideal family home is distributed over 4 levels and enjoys lovely views to the coast and mountains. The community offers tennis courts for residents and night time security with barrier.

ESTEPONA

4

Bathrooms:

4

Built:

285 m2

Plot:

1,160 m2

Price:

€ 1,350,000

Bedrooms:

4

Bathrooms:

4

Built:

269 m2

Terraces:

80 m2

Price:

€ 1,250,000

Ref: 7524

Brand-new beachside apartment Ground floor flat enjoying sea views in a beachfront development located just a few minutes to the marina and the centre of Estepona.

The complex comprises 85 apartments distributed in 7 elegant buildings with communal gardens, SPA area, gym, pool and security.

Other units available.

+34 952 863 750

Bedrooms:

www.panorama.es

An International Associate of Savills

151

‘‘Keep doing what your doing!’ Elaine Gill

BENAHAVÍS

Ref: 6364

The best views in the hills above San Pedro Elegant villa with country flair offering lots of privacy in El Madroñal, a gated urbanization with 24 hour security and surrounded by nature.

Mature garden with infinity pool, enjoying superb sea and mountain views. Ideal place for holiday, only a 10-minute drive to Puerto Banús.

152

Marbella’s Longest Established Real Estate Agency

Bedrooms:

5

Bathrooms:

5

Built:

411 m2

Plot:

2,658 m2

Price:

€ 1,350,000

www.panorama.es

+34 952 863 750

‘‘From viewing the property to completion Panorama’s professionalism shone like a beacon’’ Craig Bennett

MARBELLA CENTRO

Ref: 9741

Classy duplex apartment in Marbella’s Old Town Immaculate apartment, built around an interior patio with skylight in the heart of Marbella’s historic centre. Two apartments have been joined together to form this beautiful property. There is a lovely roof terrace enjoying beautiful views over the old town of Marbella. Ideally situated on a quiet street and walking distance to all amenities.

+34 952 863 750

www.panorama.es

Bedrooms:

3

Bathrooms:

3

Built:

233 m2

Terraces:

47 m2

Price:

€ 1,250,000

An International Associate of Savills

153

‘‘They succeeded in selling my house where others had failed.’’ Richard, the Earl of Bradford

GOLDEN MILE

Ref: 9414

Elegant apartment in Marina Puente Romano Spacious beachside apartment in this much sought-after urbanization. This 24-hour secured complex has magnificent communal gardens and a lovely swimming pool area. Only a few steps to the beach and next to the world famous 5-star Hotel Puente Romano, with all the hotel’s facilities at hand.

154

Marbella’s Longest Established Real Estate Agency

Bedrooms:

2

Bathrooms:

2

Built:

145 m2

Terraces:

29 m2

Price:

€ 1,250,000

www.panorama.es

+34 952 863 750

‘‘I am absolutely delighted with my new dream home.’’ Mark A. Cotton

GOLDEN MILE

Ref: 8944

Cosy family villa in great location Situated in Nagüeles and built about 10 years ago, it is maintained in impeccable condition. Set in a very popular urbanization with tropical gardens and a salt water beach style pool. Close to Marbella town, Puerto Banús, and all facilities including schools etc.

NUEVA ANDALUCÍA

5

Bathrooms:

6

Built:

319 m2

Terraces:

102 m2

Plot:

877 m2

Price:

€ 1,250,000

Ref: 8947

Lovely property with stunning view in Las Alamandas Luxurious apartment in a 5-star gated complex in the Golf Valley.

Wonderful communal gardens, pools, gym and 24-hour security.

Within a few minutes’ drive to Puerto Banús.

156

Bedrooms:

Marbella’s Longest Established Real Estate Agency

Bedrooms:

3

Bathrooms:

3

Built:

184 m2

Terraces:

49 m2

Price:

€ 1,195,000

www.panorama.es

+34 952 863 750

‘‘I would confirm the excellent service and professionalism, both from yourself and staff.’’ John Ellison

NUEVA ANDALUCÍA

Ref: 9555

Villa with lots of privacy in Lagomar Corner, fully renovated villa in a great location. Underfloor heating on ground floor and central heating throughout. A lovely villa within a few meters to the nearby golf courses, and 2 minutes’ drive to all amenities and Puerto Banús.

GOLDEN MILE

3

Bathrooms:

3

Built:

142 m2

Terraces:

85 m2

Plot:

950 m2

Price:

€ 1,150,000

Bedrooms:

3

Bathrooms:

2

Built:

96 m2

Terraces:

23 m2

Price:

€ 1,100,000

Ref: 9457

Fully renovated beachside apartment in El Oasis Club Southwest-facing, beachside apartment with sea views, in an apartment block with beautiful communal gardens, swimming pool, garage, porter and 24-hour security service. A great property next to the beach, walking distance to Puerto Banús & close to all amenities!

+34 952 863 750

Bedrooms:

www.panorama.es

An International Associate of Savills

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BEST BUYS Under 1 million euros BENAHAVÍS

Ref: 9408

Rustic-style villa in La Quinta Lovely family home with a mature garden, next to renowned hotel Westin La Quinta and close to many golf courses. Potential for renovation.

Bedrooms: 4 Bathrooms: 4 Built: 340 m2 Terraces: 58 m2 Plot: 1,111 m2 Price: € 998,000

BENAHAVÍS

Ref: 9720

Family home next to The Westin La Quinta Hotel

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NUEVA ANDALUCÍA

Ref: 8044

Contemporary-style villa close to Los Naranjos Golf Club Recently refurbished, this south-west facing villa is in a tranquil area, walking distance to the Golf Club & close to Puerto Banús.

Bedrooms: 4 Bathrooms: 3 Built: 159 m2 Terraces: 111 m2 Plot: 823 m2 Price: € 949,000

SAN PEDRO DE ALCÁNTARA

Ref: 9527

Modern villa in Guadalmina Alta

South-facing villa with lots of rental potential, easy to maintain and ideal for golf lovers.

Walking distance to the hotel.

Fully renovated family home with swimming pool and Japanese-style garden. Close to many golf courses and within a short drive to the beach and San Pedro town.

Bedrooms: 5 Bathrooms: 4 Built: 209 m2 Terraces: 70 m2 Plot: 796 m2 Price: € 899,000

Bedrooms: 4 Bathrooms: 4 Built: 260 m2 Terraces: 60 m2 Plot: 997 m2 Price: € 895,000

Marbella’s Longest Established Real Estate Agency

www.panorama.es

+34 952 863 750

BEST BUYS Under 1 million euros GOLDEN MILE

Ref: 9584

SAN PEDRO DE ALCÁNTARA

Ref: 8542

Duplex penthouse in Lomas de Sierra Blanca

Lovely family home in Fuente del Espanto

Bright and spacious duplex penthouse with spectacular views. Gated community with 24-hour security & close to all amenities.

Elegant south-facing villa in a quiet area only a 5-minute drive to San Pedro. Offering complete privacy with a mature garden.

Bedrooms: 3 Bathrooms: 3 Built including terraces: 315 m2 Price: € 895,000

Bedrooms: 4 Bathrooms: 4 Built: 298 m2 Terraces: 42 m2 Plot: 1,046 m2 Price: € 895,000

BENAHAVÍS

Ref: 9543

GOLDEN MILE

Ref: 8870

Stunning villa in Puerto del Almendro

Andalusian charm in Nagüeles

Surrounded by some of the best golf courses, this immaculate home enjoys sea and mountain views and is located in the gated community of La Resina in a privileged enclave.

Rustic-style single family home with lots of character on a large plot with mountain and sea views (from the solarium). Situated in a tranquil area, enjoying a lovely mature garden.

Bedrooms: 4 Bathrooms: 4 Built: 251 m2 Terraces: 74 m2 Plot: 1,000 m2 Price: € 845,000

Bedrooms: 3 Bathrooms: 3 Built: 133 m2 Terraces: 16 m2 Plot: 1,811 m2 Price: € 799,000

+34 952 863 750

www.panorama.es

An International Associate of Savills

159

BEST BUYS Under 1 million euros ESTEPONA

Ref: 9699

Andalusian-style home surrounded by amenities in El Pilar

Ref: 9208

Luxurious apartment in La Trinidad

Partially refurbished home, walking distance to the beach. Set in a peaceful area between San Pedro and Estepona.

Second floor apartment walking distance to the beach. The community boasts beautiful gardens with 2 outdoor pools, 1 indoor heated pool, gym, 2 saunas & 24-hour security.

Bedrooms: 4 Bathrooms: 4 Built: 416 m2 Terraces: 66 m2 Plot: 1,042 m2 Price: € 795,000

Bedrooms: 2 Bathrooms: 2 Built: 139 m2 Terraces: 38 m2 Price: € 795,000

MARBELLA EAST

Ref: 9285

Beachside villa in Playas Andaluzas

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GOLDEN MILE

GOLDEN MILE

Ref: 9308

Modern and easy-tomaintain home in Nagüeles

Spacious home in a very tranquil area, only a few steps to the lovely beach of Las Chapas and all amenities. Set on a double plot, with a beautiful garden & pool and chill-out area.

Fully renovated, this villa with pool is in a sought-after residential area and close to all amenities on Marbella’s Golden Mile, hill-side.

Bedrooms: 4 Bathrooms: 4 Built: 382 m2 Plot: 1,148 m2 Price: € 790,000

Bedrooms: 3 Bathrooms: 2 Built: 159 m2 Terraces: 90 m2 Plot: 440 m2 Price: € 765,000

Marbella’s Longest Established Real Estate Agency

www.panorama.es

+34 952 863 750

BEST BUYS Under 1 million euros SAN PEDRO DE ALCÁNTARA

Ref: 9269

MARBELLA EAST

Ref: 8710

Frontline golf villa in Guadalmina Alta

Well-priced villa in Lomas del Pozuelo

Beautiful southwest-facing villa kept to immaculate standards. Very convenient for golf lovers. Minutes’ drive to San Pedro town.

Lovely family home with mature garden & sea views. Within 5 minutes’ drive to the beach, Marbella & 10 minutes’ to Puerto Banús.

Bedrooms: 4 Bathrooms: 4 Built: 214 m2 Terraces: 28 m2 Plot: 683 m2 Price: € 750,000

Bedrooms: 3 Bathrooms: 3 Built: 345 m2 Terraces: 109 m2 Plot: 800 m2 Price: € 750,000

SAN PEDRO DE ALCÁNTARA

Ref: 9300

GOLDEN MILE

Ref: 9615

Frontline golf villa in Guadalmina Alta

Elevated garden apartment with sea views

Southwest-facing bungalow, front line to one of Marbella’s most sought-after golf courses. In need of renovation.

Elevated ground-floor apartment with private garden and sea views in a sought-after complex offering 24-hour security.

Bedrooms: 3 Bathrooms: 3 Built: 180 m2 Plot: 993 m2 Price: € 695,000

Bedrooms: 2 Bathrooms: 2 Built: 119 m2 Terrace: 38 m2 Price: € 499,000

+34 952 863 750

www.panorama.es

An International Associate of Savills

161

BEST BUYS Under 1 million euros MARBELLA EAST

MARBELLA EAST

Ref: 9110

Family home walking distance to amenities and the beach

Well-priced penthouse, metres away from Marbella’s best beaches

Charming bungalow in El Rosario, with lots of privacy in a convenient location and within 10 minutes’ drive to Marbella centre.

Corner duplex penthouse in an exclusive gated complex in El Rosario. The community offers concierge service & 24-hour security.

Bedrooms: 3 Bathrooms: 2 Built: 131 m2 Plot: 917 m2 Price: € 595,000

Bedrooms: 4 Bathrooms: 3 Built: 211 m2 Terraces: 100 m2 Price: € 550,000

NUEVA ANDALUCÍA

162

Ref: 8784

Ref: 8999

NEW GOLDEN MILE

Ref: 8996

Elevated garden apartment with high specs in the Golf Valley

Beachfront apartment with good qualities throughout

Corner ground-floor apartment in a complex with 24-hour security, 3 outdoor and 1 indoor pool, tennis court, gym and sauna.

South-facing home enjoying sea, garden & pool views. 24-hour security, tropical gardens and 2 community pools (one is heated).

Bedrooms: 2 Bathrooms: 2 Built: 190 m2 Terraces: 67 m2 Price: € 495,000

Bedrooms: 2 Bathrooms: 2 Built: 130 m2 Terraces: 34 m2 Price: € 480,000

Marbella’s Longest Established Real Estate Agency

www.panorama.es

+34 952 863 750

Since 1804

Avda. Ramรณn y Cajal, 8. 29601, Marbella (Mรกlaga) +34 952 765 959

+34 609 567 040

mjose@grupoberrocal.com www.grupoberrocal.com

‘‘A knowledgeable, non-pushy real estate agent.’’ Yannic P. Mercier

GOLDEN MILE

Ref: 6970

Lovely villa in Ancón Sierra Bright and spacious villa in one of the most prestigious gated communities in Las Lomas del Marbella Club. Enjoying sea views, this southeast-facing villa has a small garden with pool. Excellent community services, including 24-hour security, concierge office, restaurant and 3 large community pools (one of which is heated).

164

Marbella’s Longest Established Real Estate Agency

Bedrooms:

4

Bathrooms:

4

Built:

303 m2

Terraces:

49 m2

Plot:

515 m2

Price:

€ 1,100,000

www.panorama.es

+34 952 863 750

‘‘You made a complicated purchase seem easy and enjoyable, thank you Panorama.’’ Chris Hollweg

GOLDEN MILE

Ref: 8158

Best penthouse available in Mansion Club Luxurious penthouse with panoramic sea views. Fully gated 5-star urbanization with beautifully maintained tropical gardens, several water features, swimming pools, gymnasium with indoor heated pool, sauna and Turkish bath, restaurant and 24-hour security service.

+34 952 863 750

www.panorama.es

Bedrooms:

2

Bathrooms:

2

Built:

157 m2

Terraces:

57 m2

Price:

€ 999,000

An International Associate of Savills

165

‘‘The integrity and experience of your company helps ensure a better service.’’ Ignacio Perez de Vargas

BENAHAVÍS

Ref: 9720

Villa next to The Westin La Quinta Golf Resort & Spa 5-star hotel Bright family home close to several golf courses and within a short drive to Puerto Banús. South-facing and enjoying sea and mountain views. Beautiful mature garden with pool. A great property for yearround living or as a holiday home with all the hotel’s facilities at hand!

166

Marbella’s Longest Established Real Estate Agency

Bedrooms:

5

Bathrooms:

4

Built:

209 m2

Terraces:

70 m2

Plot:

796 m2

Price:

€ 899,000

www.panorama.es

+34 952 863 750

‘‘The economic aspect of the operation was handled magnificently.’’ Angel Salesi Ballero

GOLDEN MILE

Ref: 9724

Outstanding duplex penthouse with uninterrupted sea views!

Penthouse in one of Marbella’s most prestigious areas, Las Lomas del Marbella Club. A 100 m2 partly covered terrace with fantastic sea views. Extra features include: A/C throughout; electric blinds; underfloor heating; fibre optic Internet connection; double-glazing.

+34 952 863 750

www.panorama.es

Bedrooms:

2

Bathrooms:

2

Built:

107 m2

Terraces:

98 m2

Price:

€ 895,000

An International Associate of Savills

167

‘‘I can say that I am convinced I took the right decision in collaborating with you.’’ Mark Van Hoecke

GOLDEN MILE

Ref: 8870

Andalusian charm in Nagüeles Rustic-style villa with lots of character, enjoying a lovely mature garden with pool, offering sea and mountain views. Ideal for someone who is looking for a small country-style home on the Golden Mile, only within a short drive to everything.

GOLDEN MILE

3

Bathrooms:

3

Built:

133 m2

Terraces:

16 m2

Plot:

1,811 m2

Price:

€ 799,000

Ref: 9711

Immaculate apartment in Ancón Sierra Very spacious, completely renovated flat offering highest specifications throughout and fully furnished. Situated in a low density complex of 50 properties with its own clubhouse with pool (currently used a restaurant), beautiful communal gardens with 2 further pools and 24-hour security.

168

Bedrooms:

Marbella’s Longest Established Real Estate Agency

Bedrooms:

2

Bathrooms:

2

Built:

135 m2

Terraces:

67 m2

Price:

€ 595,000

www.panorama.es

+34 952 863 750

‘‘Thank you Chris and Alex for your hard work and dedication.’’ Cheryl Wicks

GOLDEN MILE

Ref: 9510

Townhouse in unbeatable location Delightful, very spacious, south-facing, fully renovated townhouse, close to all amenities, bars, restaurants, etc. and located only a very short walk to the beach. This fully gated complex enjoys beautifully maintained gardens with two swimming pools in a very peaceful and quiet surrounding.

NUEVA ANDALUCÍA

3

Bathrooms:

3

Built:

168 m2

Terraces:

29 m2

Plot:

223 m2

Price:

€ 595,000

Bedrooms:

3

Bathrooms:

2

Built:

80 m2

Terraces:

42 m2

Price:

€ 495,000

Ref: 9651

Beautifully renovated townhouse next to Puerto Banús Stylish townhouse in an ideal location, walking distance to amenities and enjoying views to La Concha Mountain. Special features throughout. The community has mature communal gardens with pool.

A perfect holiday home, just steps to the action of Puerto Banús!

+34 952 863 750

Bedrooms:

www.panorama.es

An International Associate of Savills

169

‘‘Dear Chris, many congratulations on your 47th Anniversary!’’ John Green

PUERTO BANÚS Ref: 9517 Ref: 9517

Ref: 9250

Los Granados

Río Verde Playa

Luxurious ground-floor apartment with private pool in this exclusive beachfront complex, offering 24 hour security, indoor heated pool, gym and spa area.

Rare opportunity to acquire a beachside villa in need of refurbishment. Only 200 metres to the beach and a 10-minute walk to Puerto Banús.

Bedrooms: 2 Bathrooms: 2 Built: 132 m2 Terraces: 51 m2 Plot: 64 m2 Price: € 1,250,000

Bedrooms: 4 Bathrooms: 4 Built: 220 m2 Plot: 538 m2 Price: € 1,100,000

PUERTO BANÚS

170

GOLDEN MILE

Ref: 8661

GOLDEN MILE

Ref: 8299

Ventura del Mar

Imara

Renovated apartment in one of the most prestigious beachfront communities. High level of security, tropical gardens, ponds, gym, spa and games room.

Contemporary-style, ground-floor apartment in this sought-after fully gated complex with 24-hour security. Beautifully decorated and finished.

Bedrooms: 3 Bathrooms: 3 Built: 198 m2 Price: € 980,000

Bedrooms: 3 Bathrooms: 3 Built: 200 m2 Terraces: 52 m2 Plot: 80 m2 Price: € 949,000

Marbella’s Longest Established Real Estate Agency

www.panorama.es

+34 952 863 750

‘‘Chris & his team helped in many ways that went well beyond their role of real estate agents.’’ Ena Abensur

GOLDEN MILE

Ref: 9518

GOLDEN MILE

Ref: 9584

Puente Romano Hotel

Lomas de Sierra Blanca

Ground-floor apartment, totally refurbished to high standards. 24-hour security, concierge service and exclusive facilities. 200 metres to the beach.

Spacious duplex penthouse in the best block of this beautiful complex. Spectacular 360° views over the mountains and sea. 24-hour security.

Bedrooms: 1 Bathrooms: 1 Built: 86 m2 Terraces: 16 m2 Price: € 899,000

Bedrooms: 3 Bathrooms: 3 Built including terraces: 315 m2 Price: € 895,000

GOLDEN MILE

Ref: 8131

GOLDEN MILE

Ref: 9597

Sierra Blanca

Ancón Sierra

Brand-new townhouse with spacious terraces.

Communal gardens, pools, 3 spas with heated indoor pool, gym & 24-hour security. Other units available.

Contemporary townhouse in this exclusive, fully gated development offering communal gardens with pools, 24-hour security and its own restaurant.

Bedrooms: 2 Bathrooms: 2 Built: 197 m2 Terraces: 53 m2 Price: € 872,000

Bedrooms: 3 Bathrooms: 3 Built: 247 m2 Terraces: 48 m2 Plot: 219 m2 Price: € 750,000

+34 952 863 750

www.panorama.es

An International Associate of Savills

171

‘‘Each and every one of our agreements were carefully respected.’’ Angel Salesi Ballero

GOLDEN MILE

GOLDEN MILE

Ref: 9654

Marbella Hill Club

Altos Reales

Stunning apartment with panoramic sea views and an enormous terrace with private pool.

Mediterranean-style complex, night time security.

Elevated ground-floor apartment in a private luxury development on the hillside of the Golden Mile with 24-hour security, lovely gardens and beautiful pool.

Bedrooms: 3 Bathrooms: 2 Built: 181 m2 Terraces: 215 m2 Price: € 730,000

Bedrooms: 3 Bathrooms: 2 Built: 130 m2 Terraces: 60 m2 Price: € 725,000

GOLDEN MILE

172

Ref: 9266

Ref: 8095

GOLDEN MILE

Ref: 9630

Monte Paraíso

Marbelah Pueblo

First-floor apartment in a complex with gardens, pools, restaurant, gym, squash court & 24-hour security.

South-facing townhouse with superb sea views, scarcely 100 metres to the Marbella Club Hotel and walking distance to the beach and Marbella centre.

Bedrooms: 3 Bathrooms: 2 Built: 169 m2 Terraces: 41 m2 Price: € 720,000

Bedrooms: 3 Bathrooms: 3 Built including terraces: 206 m2 Plot: 120 m2 Price: € 750,000

Marbella’s Longest Established Real Estate Agency

www.panorama.es

+34 952 863 750

‘‘All my experiences with the Panorama team have been exceptional.’’ Felipe Martínez del Mármol

PUERTO BANÚS

Ref: 9689

GOLDEN MILE

Ref: 8822

Las Mimosas

Monte Paraíso Country Club

Brand-new apartment within a gated second-line beach complex. Tropical communal gardens with pool, sauna, Turkish bath and indoor heated pool.

Corner apartment in a five-star complex with 24hour security, communal gardens, swimming pools, clubhouse, gym and a private golf course.

Bedrooms: 2 Bathrooms: 2 Built including terraces: 160 m2 Price: € 679,000

Bedrooms: 2 Bathrooms: 2 Built: 166 m2 Terraces: 67 m2 Price: € 670,000

GOLDEN MILE

Ref: 9361

GOLDEN MILE

Ref: 5003

Imara

Lomas Pueblo

Spacious south-facing ground-floor pied-à-terre with direct access to the beautiful communal gardens & pool. Gated complex with 24-hour security.

Charming rustic townhouse situated in a typical Andalusian village-style community with social club and a beautiful communal pool area.

Bedrooms: 1 Bathrooms: 1 Built: 108 m2 Price: € 550,000

Bedrooms: 3 Bathrooms: 2 Built: 173 m2 Terraces: 39 m2 Price: € 520,000

+34 952 863 750

www.panorama.es

An International Associate of Savills

173

‘‘I have known Chris for many years and his expertise and good will always helped me.’’ Sergey Ivakhno

GOLDEN MILE

ISTÁN

Ref: 9730

Condado de Sierra Blanca

Cerros del Lago

Immaculate elevated ground-floor apartment with a private garden. South-facing and enjoying sea views. Sought-after complex with 24-hour security.

Cosy, semi-detached villa surrounded by nature with superb views to the sea, the mountains and the lake.

Just 10 minutes’ drive to Puente Romano Hotel.

Bedrooms: 2 Bathrooms: 2 Built: 119 m2 Terraces: 38 m2 Plot: 38 m2 Price: € 499,000

Bedrooms: 3 Bathrooms: 2 Built: 150 m2 Terraces: 110 m2 Plot: 709 m2 Price: € 495,000

GOLDEN MILE

174

Ref: 9615

Ref: 9541

GOLDEN MILE

Ref: 8746

Señorío de Marbella

Las Mariposas

Spacious first-floor apartment in a complex with 24-hour security and beautiful communal gardens.

Waking distance to Puente Romano Hotel.

Lovely elevated ground-floor apartment with private garden in a small, exclusive complex. Short walk to the Puente Romano Hotel.

Bedrooms: 2 Bathrooms: 2 Built: 136 m2 Terraces: 36 m2 Price: € 495,000

Bedrooms: 2 Bathrooms: 2 Built including terraces: 142 m2 Plot: 70 m2 Price: € 460,000

Marbella’s Longest Established Real Estate Agency

www.panorama.es

+34 952 863 750

Opening hours: 9am to 8pm, 7 days a week.

Opposite the Marbella Club Hotel.

Also opening in Madrid on Calle Serrano 240 – come and see us with over 1,300 m2 of market and restaurant!

Rentals Department

Welcome to Panorama Rentals, where you will find the best selection of properties available for long and short term let.

Renting a property offers the perfect opportunity to experience life in Marbella and helps to decide on the ideal property if you’re thinking of buying.

Come and see us for an informal chat (we’re opposite the Marbella Club Hotel) or call us on: (+34) 952 901 015 or E-mail us at: rentals@panorama.es

176

We offer a fully personalised service using our direct database of handpicked quality rentals.

From apartments to townhouses and villas, we negotiate the best terms and see our clients through the contract procedure, as well as settling them in and assisting throughout the whole tenancy.

Our small team of highly experienced Rental Consultants speak English, Spanish, French, German, Italian, Dutch and Romanian.

Marbella’s Longest Established Real Estate Agency

‘‘The rental team was simply outstanding.’’ Suzanne Higgins

NUEVA ANDALUCÍA

Ref: 0320

Golf Valley Type of Rental: Long Term Bedrooms: 6 Bathrooms: 7+1 Built: 488 m2 Terrace: 142 m2 Plot: 2,480 m2 Price: € 15,000 per month Stunning contemporary villa, luxury fittings throughout, fabulous views.

Also available for sale.

GOLDEN MILE

Ref: 1223

Imara Type of Rental: Long Term Bedrooms: 3 Bathrooms: 3+1 Built: 251 m2 Terrace: 320 m2 Price: € 6,000 per month Spectacular contemporary-style duplex penthouse with superb sea views, rented unfurnished.

GOLDEN MILE

Ref: 1385

Puente Romano Phase II Type of Rental: Short Term Bedrooms: 2 Bathrooms: 2 Built: 120 m2 Terrace: 25 m2 Price: € 3,000 per week Beautiful spacious apartment on the beachside in Puente Romano.

An International Associate of Savills

177

Rentals Department

GOLDEN MILE

Ref: 1427

Alhambra del Mar Type of Rental: Short Term Bedrooms: 3 Bathrooms: 2+1 Built: 187 m2 Terrace: 30 m2 Price: € 2,500 per week Beautiful, refurbished, modern apartment in one of Marbella’s best loved beachfront complexes.

GOLDEN MILE

Ref: 1435

Las Cañas Type of Rental: Short Term Bedrooms: 3 Bathrooms: 2+1 Built: 142 m2 Terrace: 44 m2 Price: € 2,500 per week Luxury, large 3 bedroom apartment in Las Cañas, a beachfront complex with direct access to the promenade.

MARBELLA CENTRE

Ref: 1431

Type of Rental: Long Term Bedrooms: 3 Bathrooms: 3+1 Built: 162 m2 Terrace: 30 m2 Price: € 2,500 per month Stunning spacious apartment on the beach in a small complex in the heart of Marbella. Also available for sale.

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Marbella’s Longest Established Real Estate Agency

Rentals Department

GOLDEN MILE

Ref: 0974

Marina Puente Romano Type of Rental: Short Term Bedrooms: 3 Bathrooms: 3 Built: 141 m2 Terrace: 43 m2 Price: € 3,500 – € 5,000 per week Stunning apartment in Marina Puente Romano, one of the most sought-after beachfront communities on the Golden Mile.

MARBELLA EAST

Ref: 1182

Los Monteros Type of Rental: Short Term Bedrooms: 5 Bathrooms: 5 Built: 1,548 m2 Terrace: 300 m2 Plot: 2,700 m2 Price: € 50,000 – € 70,000 per week Stunning beachfront villa in Los Monteros, offering superb sea views.

GOLDEN MILE

Ref: 1428

La Trinidad Type of Rental: Short Term Bedrooms: 3 Bathrooms: 4 Built: 242 m2 Terrace: 56 m2 Price: € 3,500 – € 5,000 per week Beautiful duplex penthouse, located in one of the most sought-after gated developments with 24-hour security.

An International Associate of Savills

179

Rentals Department

NUEVA ANDALUCÍA

Ref: 1423

Golf Valley Type of Rental: Short Term Bedrooms: 7 Bathrooms: 7+1 Built: 667 m2 Plot: 1,117 m2 Price: Varies depending on dates Stunning contemporary villa, Nordicstyle luxury fittings throughout, Jacuzzi on roof terrace. Fabulous views.

GOLDEN MILE

Ref: 1269

La Reserva de Sierra Blanca Type of Rental: Long Term Bedrooms: 4 Bathrooms: 4+1 Built: 386 m2 Terrace: 110 m2 Price: € 7,000 per month Luxury, large 4 bedroom duplex in an exclusive new development with brandnew designer furniture.

NEW GOLDEN MILE

Ref: 1432

Estepona Type of Rental: Long Term Bedrooms: 3 Bathrooms: 3 Built: 137 m2 Terrace: 162 m2 Price: € 2,400 per month Beautiful spacious apartment on the beach in a small well-run complex. Amazing roof terrace with breathtaking views.

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Marbella’s Longest Established Real Estate Agency

Cruz-Conde & Asociados, es un despacho de Abogados y Economistas fundado en 1979. Está considerado como uno de los más prestigiosos y experimentados de la Costa del Sol. Cruz-Conde & Asociados cubre todas las ramas del Derecho, estando especializado en Derecho Inmobiliario y Fiscal, y cuenta con un equipo de profesionales multilingüe.

Established in 1979, Cruz-Conde & Asociados is a wellknown Law Firm, considered among the most prestigious and experienced in the South of Spain. The Law Firm covers all areas of Law, although it specializes in Property and Tax Law, with a multilingual team of professionals.

Blvd. Príncipe Alfonso Hohenlohe s/n, Hotel Marbella Club - OF. 7 y 8, 29602 Marbella Tel.: 952 76 89 76

www.cruz-conde.com

RESOURCES

THE MARBELLA PROPERTY

Seller’s Guide

By Alex Clover SELLING ONE’S PROPERTY IS AN ART. THE PROPERTY MARKET IN MARBELLA HAS ALWAYS BEEN COMPETITIVE AND SELLERS WITH LESS EXPERIENCE MIGHT ACHIEVE FAR BETTER RESULTS IF THEY TAKE ADVICE FROM EXPERIENCED PROFESSIONALS.

his brief article is intended to share some essential points about selling properties, based on our own experience of more than 47 years.

Marbella is not a big city like London, Madrid or New York with a captive market within 50 kilometres of the centre.

Instead, it’s a small city with a mostly secondary housing market and a buying public spread out all over Europe and the world – a subtle but important nuance.

Most buyers are not looking for a primary residence here, but a second or even a third home. This makes Marbella real estate less of a need and more of a luxury in which people are not drawn to property close to centres of work but to the quality of life a property can offer them.

As a result, one characteristic of a secondary housing market is that especially luxurious properties can take a longer time to sell, though in our experience this is considerably shorter where both buyer and seller are serious in their intent.

if you ask too much for your property, people will not even bother to view and it will linger unseen. Ask too little for your property, and you are potentially throwing away money.

a property, the more the owners are going to have to resign themselves to the fact that there is a large supply of similar properties, and that they will have to price it competitively.

The right asking price is perhaps the most essential ingredient in the art of selling real estate and is the result of thorough market research. Do not opt for the figure you would like to hear, find out the true market value, taking into consideration: what sales of comparable properties have been accomplished, and at what price? What are other owners with similar properties asking?

Avoid quoting a ‘net’ price One thing to avoid, if you intend to use agents to market your property, is listing on a net basis, where you want a fixed sum with the agent’s commission added on top. What will happen is that you can end up with a property marketed at several different prices, leading to confusion among potential buyers.

Wise sellers will form a team with their agents Establishing an asking price The more unique a property, and protect their agents’ The most important thing to the more an owner can ask commission, as they too establish is a ‘sales strategy’, for it and the stronger they expect to be protected and can negotiate when trying to advised by their agents, and at the heart of which is the asking price. In other words, seal a deal. The less unique fix one sole asking price for

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Marbella’s Longest Established Real Estate Agency

RESOURCES

the property, inclusive of commission.

and resources to the marketing and promotion of the property. A professional Exclusivity or not? agency will propose a Should you give an exclusive coordinated strategy based sales agreement to an on its experience and agent? If you are an absentee adapted to the specifics owner, or if you don’t feel of your property. This will like playing a co-ordination role among various agents, include the creation of quality marketing material granting exclusivity to a leading agent can make your and targeted promotional campaigns. life a lot easier.

It also provides the agency in A responsible agent will question with the confidence try to avoid taking a sole agency unless he sincerely to fully dedicate its energy

feels that the asking price is correct and that he or she is truly capable of selling the property within the time frame allocated.

Providing agents you trust with easy access to the home is important in order not to lose potential buyers, though a good agent will screen interested parties first. They will also offer advice on how best to present the property for viewings and approach the negotiation process.

A RESPONSIBLE AGENT WILL TRY TO AVOID TAKING A SOLE AGENCY UNLESS HE SINCERELY FEELS THAT THE ASKING PRICE IS CORRECT AND THAT HE OR SHE IS TRULY CAPABLE OF SELLING THE PROPERTY WITHIN THE TIME FRAME ALLOCATED. continued on next page >>

FREQUENT COMMENTS BY SELLERS “My property has been on the market for months and I’m hardly getting any viewings.”

The more people who view it, the better chance there is of one of them falling in love with the property and buying it.

The only times this might be considered to be normal is if your property would only be of interest to a small cross-section of buyers – or if it is overpriced. If neither applies your property is not getting enough market exposure. Our advice: speak to your agent or seek the advice of another well-established agency with a good reputation. An accurately priced and marketed property should be getting a regular stream of clients viewing it.

“I really need to sell my property now.”

“All the clients that agents bring to my property are time-wasters.”

Are they really? If you are getting lots of viewings and no offers on your property, chances are your property is not as unique as you’d like to think it is.

It likely needs to be reduced in price or perhaps you could consider making market-driven renovations in order to increase its appeal. And always remember, selling a property in many ways is a numbers game.

If you need to sell your property within say two to three months, you need to be prepared to price it at a heavy discount when compared to similar properties on the market. This is when you really need a very knowledgeable agent working for you who can suggest the price that will achieve the sale.

“How much negotiation room should I build into my asking price?”

With the help of your agent we recommend pricing the property taking into consideration not only similar asking prices, but also prices at which similar properties have actually sold. Many buyers are very knowledgeable today and will recognize a realistically-priced property, but bear in mind that few will want to pay the full asking price, so leave some room for negotiation.

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THE MARBELLA PROPERTY

Seller’s Guide AGENTS DON’T GIVE KEYS OUT TO CLIENTS, THEY ALWAYS SHOW PROPERTIES PERSONALLY AND THEY WILL SPEND A GREAT DEAL OF TIME IN THEIR EFFORTS TO FIND THE RIGHT BUYER.

Present your property in the best light with professional images (view this property on page 64)

Commission Rates The standard agency fee in a resort area such as Marbella is 5% plus VAT, which covers the marketing, promotion, and listing of properties and the arranging of viewings, follow-up with prospective buyers, property searches, providing background information and support throughout the buying process and beyond.

Agents don’t give keys out to clients, they always show properties personally and they will spend a great deal of time in their efforts to find the right buyer.

OTHER TIPS FOR SELLING YOUR HOME: Your property should be presented in its best light First impressions count.

When agents take clients to view your property, ensure that curtains and shutters

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are open to let lots of light flood the property.

Get your main agent to put up their ‘For Sale’ sign

This always results in enquiries. Many potential buyers drive around different residential areas before going to an agent. Without a sign, they wouldn’t know your While photography should property is for sale. Not be representative, it should allowing a sign to be placed also present your property is to block one of the many as well as it can, enthusing proven paths for reaching potential buyers. To stand the market place. Our out from the crowd you may experience is that signs still need professional images, help significantly in selling especially indoors. properties.

Check your agent’s website to see how your property is presented, in terms of the photographs, the description and the accuracy of the information provided.

If there are any small repairs or repainting that would enhance the overall appeal of the property, it’s well worth getting this work done now to eliminate any small ‘objection factors’.

Also, make sure your home is spotless for photography and viewings alike.

Marbella’s Longest Established Real Estate Agency

Facilitate viewings on as short a notice as possible If you leave your keys with a neighbour who plays golf three times a week, you are losing a vital chance to show the property at the client’s convenience. Bear in mind that the first properties that agents tend to show are the

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THE MARBELLA PROPERTY

Seller’s Guide

tax advisor when necessary.

This is your agent’s job and one of the reasons you pay the agency’s fee, and experienced real estate professionals are generally Taxes far better at negotiating Make sure that you are fully the commercial points of aware of your tax obligations a deal than lawyers. Once when you put your property this is accomplished, your on the market. Meet with lawyer should take the lead your lawyer and tax advisor, role (in coordination with and find out your options your agent), draft the sales to ensure there are no contract and supervise the surprises when you enter completion of the sale. into negotiations to sell.

If you are frequently Negotiating a sale travelling, it can often make Let your agent form a sense to leave a Power team with you in handling of Attorney enabling your negotiations, checking lawyer to sign a private points with your lawyer and contract on your written ones for which they have the keys. Properties that need appointments to be set up in advance will generally be shown less.

instructions. You can negotiate the details of the sale with your agent by telephone and email, and your lawyer can then take the ‘first step’ towards the sale by signing a private contract without delay.

Points to consider when a negotiation is taking place Is the buyer expecting a counter offer from you or has he or she given you a one-and-only, take-it-orleave-it offer? Do they have other properties in mind? Is their offer a fair one? Are all details included in the offer – price, target contract date, deposit, completion date, and precise understanding of what is included in the sale in the form of fixtures, fittings and furniture, etc.?

All these items should be agreed upon at the outset before lawyers are instructed.

Don’t allow yourself to be pressured by your agent or anyone else to accept an offer! A good agent will simply point out your options and offer advice based on his experience, but once you decide to proceed it is good not to waste time and risk losing the buyer.

DON’T ALLOW YOURSELF TO BE PRESSURED BY YOUR AGENT OR ANYONE ELSE TO ACCEPT AN OFFER! A GOOD AGENT WILL SIMPLY POINT OUT YOUR OPTIONS AND OFFER ADVICE BASED ON HIS EXPERIENCE

In summary, selling a property can be as easy or as complicated as any task involving one’s personal affairs. Competent, honest, professional help from agents, lawyers and tax advisors can go a long way to help you manage your sale objectively and easily.

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By Christopher Clover PANORAMA ALWAYS RECOMMENDS THAT PURCHASERS OF PROPERTY IN SPAIN RETAIN A QUALIFIED SOLICITOR TO REPRESENT THEM AND QUALIFIED FINANCIAL ADVISORS TO DEAL WITH TAX ISSUES.

he Internet has become by far the most useful tool for those looking to buy properties and a net-based property search is usually the first step taken by any potential buyer. But, is it the right second step, once one sees a few desirable properties on several sites, to contact and make appointments with all the agents offering those properties, agents you don’t know or may not have even heard anything about, some of whom do not even identify themselves correctly on their sites?

Perhaps another option to consider, even while looking at everything on the net, might be to seek out as a first priority a really qualified, experienced agency to work with that has a large direct inventory of the kind of property you are looking for.

There are several great agents in Marbella to choose from, many who have outstanding credentials, long experience, excellent product and area knowledge, and adhere strictly to the agents’ code of ethics.

Additionally, choosing such an agent will ensure that they pull out all the stops to spend plenty of time with you to get to know you and your special requirements as well

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as possible, sharing with you their market knowledge and recent comparable sales actually made, and who will eventually find just the right property for you. If it’s not in their own inventory they will go out and find that special property through their colleagues in other agencies on a commission-sharing basis.

Choosing a lawyer Panorama always recommends that purchasers of property in Spain retain a qualified solicitor to represent them and qualified financial advisors to deal with tax issues. Once you have made a decision to purchase property here, even though you may not have found that special property yet, establishing a relationship while you are in Marbella can be immensely useful if you start negotiating a purchase after returning to

Marbella’s Longest Established Real Estate Agency

your country of residence, as it is clearly more difficult to choose a lawyer long distance.

Getting the basics into place Having a lawyer, NIE number (a number issued to foreigners in Spain) in place, and bank account opened strengthens a buyer’s position when negotiating as he or she can put down an immediate deposit if an offer is accepted, since all the other details will have been taken care of already.

Negotiating a purchase A good agent will also be immensely helpful to you in negotiating the purchase of a property you are interested in buying. It is important to remember that if your offer is too low it will not engage the interest of the seller, and might actually prove counter-productive.

An articulate offer will

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PROPERTY PURCHASE COSTS TRANSFER TAX (I.T.P.)

Scaled at

Payable by the buyer for the purchase of any Real Estate (villas, flats, land, commercial premises, garages), provided the vendor is not a developer or normally trading in the business of resale properties. If the “minimum fiscal value” of the property as per the Regional Government, is greater than the price, then the minimum fiscal valuation applies: 8% is applicable up to the amount of € 400,000 or € 30,000 in the case of garages except those belonging to the dwelling and with a maximum of two; 9% is applicable to the amount between € 400,000 and € 700,000 or between € 30,000 and € 50,000 for garages; 10% is applicable to the amount exceeding € 700,000 or € 50,000 for garages.

8% 9% 10%

VAT AND STAMP DUTY

Villas, apartments, or a garage that is annexed to an apartment or villa, where the vendor is a developer, promoter or habitual trader for brand-new properties.

First sale or resale of parcels of land, and for the first sale of brand-

new commercial premises where the vendor is a developer, promoter or habitual trader or a company.

NOTARY AND PROPERTY REGISTRY FEES The cost increases according to the number of pages or complexity of the title deed, and value of the property.

10% + 1.5% 21% + 1.5% +/- € 3,000

MUNICIPAL ADDED VALUE TAX (PLUS VALÍA) This can be as little as a few hundred euros or as much as many thousands of euros on a property with a lot of land that has not changed hands in many years. It is a tax by the town hall based upon the increase in the index value of a property between the year of purchase to the year of sale. This tax corresponds, by its nature, to the vendor who is responsible for its payment, unless otherwise negotiated.

LAWYER’S FEES These are in the order of 1% of the selling price, more or less, depending on the lawyer and the price of the property.

1%

SUMMARY: The total official costs involved in purchasing a constructed residential property should be around 10-11% for resale properties or around 12% for new properties if VAT is paid on the purchase price, plus lawyer’s fees.

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Finding & Buying A PROPERTY

substantially according to the terms of the sale and the date of completion. A quite normal deposit for completion within 30 to 60 days would be 10% of the agreed purchase price.

AN ARTICULATE OFFER WILL GENERALLY CAPTURE THE ATTENTION OF A VENDOR. WE RECOMMEND GETTING ALL YOUR POINTS TOGETHER, RATHER THAN NEGOTIATING “PIECEMEAL.”

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generally capture the attention of a vendor. We recommend getting all your points together, rather than negotiating “piecemeal.”

Make your offer in writing if possible (of course, subject to contract). Points to include are not only the price, but also the deposit amount and when you are prepared to pay it, when you are prepared to complete the transaction, what you understand to be included in the price (for example furniture and fittings if applicable), and an often neglected point – that all technical equipment and installations should be in good working order.

Also, if you have a second choice property you should certainly advise the vendor of this fact.

his or her legal criteria, and on occasion will also become actively involved in more complex negotiations.

The purchasing process

Actually purchasing a property in Spain is a relatively straightforward procedure. The “last word” in property ownership is the property registry, which will show immediately if the seller owns the property free of liens and encumbrances.

Most frequently, unless an immediate payment of the full purchase price is made, a private contract of purchase is drawn up wherein the details of the purchase are reflected – the legal description of the property, purchase price, form of payment, date of completion, date of possession, etc. Upon Your lawyer can also be signing the private contract, consulted during the a payment on account of the purchase price is negotiation to ensure that the terms of the offer meets always made which can vary

Marbella’s Longest Established Real Estate Agency

New properties which are unfinished obviously are paid for over the construction period, and all payments on account before finishing must be guaranteed, according to LAW 38/1999, by a bank or insurance company: if the property is not finished by a certain date, a purchaser has the right to reclaim the monies paid, plus legal interests.

Additionally, another law obliges the property developer to arrange a ten year insurance policy with respect to any basic building defects with the purchasers as beneficiaries.

When the entire purchase price is paid for the property, the seller will issue the public deed of conveyance (escritura) to the purchaser, free of liens and encumbrances. This deed is issued before a Spanish notary, is passed from the notary to the tax office to be assessed for Transfer Tax if the property is a resale or second hand property, or assessed for Stamp Duty if the property is sold directly by the developer. It’s then presented to the Property Registry for inscription.

A provisional inscription in the registry is made immediately upon issuance of the deeds.

Panorama’s team comprises 26 highly qualified and experienced professionals that together speak 11 different languages.

Christopher Clover Managing Director Board Chairman

Bill Clover

Advisor to the Board of Directors

Kirsten Clover Member of the Board of Directors

Katinka Clover Listings Director Board of Directors

Alex Clover

Gonzalo Ruiz

Assistant MD Board of Directors

Administration Director Board Advisor

Alfonso Muñoz

Sean Cannon

Ulla Lammervo

Andy Schweitzer

Assistant Sales Manager

Marjut Nordström

Senior Property Consultant

Senior Property Consultant

Senior Property Consultant

Property Consultant

Beatrice Pittá

Walter Fernández

Vedran Canjuga

Luis Gallardo

Javier Rivas

Property Consultant

Property Consultant

Property Consultant

Property Consultant

Property Consultant

Jo Borda

Sorin Mailat

Sarina Garber

Beatriz Garvayo

Bianca Omloo

Director of Client Services

Rentals Department Manager

Rentals Consultant

Rentals Consultant

Rentals Consultant

Carolina Alaniz

Elena Escribano

Ángela de la Yglesia

Irene Sierra

Loli Vázquez

PA to the Managing Director

Marketing Coordinator

Support Team Member

Support Team Member

Assistant to Administration Director

Overview of Golden Mile areas and complexes

1 Panorama, Hotel Puente Romano 11 Cascada de Camoján 2 Panorama, Opposite Marbella Club 12 La Quinta de Sierra Blanca 13 Sierra Blanca Villas 14 Altos Reales A 3 Casablanca 15 Altos Reales B 4 Santa Petronila 16 Nagüeles 5 Santa Margarita 17 La Carolina 6 Marbella Club 18 El Vicario 7 Las Torres 19 Altos de Puente Romano 8 Los Verdiales 20 Los Picos de Nagüeles 9 Puente Romano 21 Marbella Hill Club 10 El Ancón 22 La Capellanía

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Marbella’s Longest Established Real Estate Agency

23 24 25 26 27

Marbella Hill Club II Sierra Blanca Country Club Lomas del Marbella Club Ancón Sierra Village Las Lomas de Magna Marbella

Apartments 28 29 30 31

Mare Nostrum Gran Marbella Don Gonzalo Marina Mariola

32 33 34 35 36 37 38 39 40 41 42 43

Alhambra del Mar Las Cañas Puente Romano Puente Romano II Marina Puente Romano Terrazas de Puente Romano Oasis Club Port Oasis Playa Esmeralda Oasis de Banús Jardines del Príncipe Condado de Sierra Blanca

44 45 46 47 48 49 50 51 52 53 54 55

Monte Paraíso Country Club Los Ceibos Imara Monte Castillo Mansion Club Lagos de Sierra Blanca Reserva de Sierra Blanca Señorío de Marbella Monte Paraíso Ancón Sierra La Trinidad Lomas de Sierra Blanca

56 The World 57 Benalús

Townhouses 58 59 60 61 62 63

La Virginia Hill Club Sierra Blanca Sierra Blanca del Mar Meisho Hills Villa Magna Lomas de Marbella Club Pueblo 64 Ancón Sierra

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Overview of Greater Marbella areas and complexes

Marbella West

1 Panorama, Hotel Puente Romano 9 2 Panorama, Opposite Marbella Club 10 11 Marbella Town & Golden Mile 12 3 Alhambra del Mar 13 4 Casablanca 13 5 Las Cañas 14 6 La Virginia 15 7 Mansion Club 16 8 Altos Reales 17

Cascada de Camoján Marbella Sierra Blanca Marbella Hill Club Rocío de Nagüeles Lomas del Marbella Club El Ancon Sierra Monte Paraíso Marina Puente Romano La Trinidad (Istán Road) Lomas de Río Verde

18 Oasis Club 19 Playa Esmeralda

Puerto Banús 20 21 22 23 24 25

La Alzambra Los Granados Playas del Duque El Embrujo Banús El Embrujo Marbella Malibú

MARBELLA IN NUMBERS | Official population 2016: 140,744

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Real population incl. unregistered residents/tourists 2016 (est.): (Winter) 300,000 (August) 850,000 Marbella’s Longest Established Real Estate Agency

Marbella East

Nueva Andalucía

Marbella West

Marbella East

26 Aloha Golf 27 Los Naranjos Golf 28 Las Brisas Golf

33 34 35 36 37 38 39 40 41

42 43 44 45 45 45 46 47 48

Benahavís 29 30 31 32

La Quinta Golf Los Arqueros Golf El Madroñal La Zagaleta

Cortijo Blanco Linda Vista Baja Guadalmina Baja & Golf Guadalmina Alta & Golf Valle del Sol Casasola Atalaya Park El Presidente Benamara

Reserva de Los Monteros Río Real & Golf Bahía de Marbella Altos de Marbella Los Monteros Hill Club Samara Urb. Las Chapas El Rosario Elviria

Area: 114.3 km2 | Length of Coastline: 27 km | Average days of sun per year: 320 Average annual temperature: 19 °C | Marinas: 3 | Golf Courses: 16 and nearby 24 more