Rise to the Top

Who’s Who in Luxury Real Estate Members Recognized More Than 150 Times in REAL Trends 500

 

REAL Trends recently published their 33rd Annual REAL Trends 500, a leading report ranking the performance of the top residential real estate firms in the United States.

The list ranks the Top 500 firms ranked by both closed transactions sides as well as closed sales volume throughout 2019. Additionally, they acknowledged firms that closed at least one billion dollars’ worth of residential real estate in the surveyed year. 

This year, Who’s Who in Luxury Real Estate members were recognized more than 150 times in the REAL Trends 500. Many members were included more than once and ranked among the top ten in their respective categories! 

Congratulations to all Who’s Who in Luxury Real Estate members who made this prestigious list!

Residential real estate leaders have been looking to REAL Trends for more than 30 years for timely and trusted information and analysis through their monthly newsletter, conferences and publications. They provide vital data and insight into market trends that are imperative to the luxury real estate community, and inclusion in the REAL Trends 500 is a high honor.

Please visit REAL Trends 500 to view the entire report; keep an eye out for our latest LRE® promotion on page 3.

Photo at left provided by Who’s Who in Luxury Real Estate.

Featured photo by Luan Oosthuizen.

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Selling Near the Stars

star property itself, this private estate offers incredible attention to detail and elegant interiors that exude sophistication.

Patrick Fogarty of Hilton & Hyland represented the buyers, German national Ekkehart Hassels-Weiler and his new husband Omar Romero, who were eager to acquire this unique home. Fogarty says the home was on the market for less than a month and bought in under four.

Externally, the home is almost mysterious at first glance, as the long driveway affords complete privacy from the street. That mystery transitions into pure awe once the house is in full view, as Fogarty says the home’s proportions and classic design give it a grand feel that enhances with every meticulous detail. “The style is timeless rather than of the moment,” he says, adding that the overall aesthetic is tasteful yet opulent.

Built and developed by the seller, British property developers Ian and Richard Livingston, the estate greets visitors with a graceful motor court that features both trees and fountains. The front doors open to a striking grand entry with 30-foot ceilings and walls of marble, all opening up to a grand staircase and detailed floor plan. A strong yet beautiful harmony is felt in every room, from the dramatic kitchen to the tasteful master bedroom and baths. Interestingly, Fogarty notes that though “the home is grand in scale, [it] still manages to feel like a home.” Other features of this estate include a master wing, gym, theater, guesthouse, staff quarters and bocce court. The expansive backyard also boasts an ozone pool that highlights the perfect California indoor-outdoor lifestyle.

Only approximately five minutes from Rodeo Drive, the 8-bedroom, 11-bath home remarkably reflects a sense of tranquility and serenity, allowing the new owners to relax with complete privacy. The blend of rich landscaping and natural materials, such as stones, wood, steel, and brass, also enrich its character and depth, making it a true sanctuary.

Photos by Berlyn Photography 2019.

THIS ARTICLE ORIGINALLY APPEARED IN THE GLOBAL 2019 ISSUE OF UNIQUE HOMES. TO SEE THE DIGITAL VERSION OF THIS STORY, CLICK HERE.

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Renowned Italian Designer Makes Debut in Hawaii

All photos courtesy of The Residences at Mandarin Oriental, Honolulu.

Have you ever wondered what it’d look like to combine the luxury of Italian design and natural beauty of Honolulu? Now you don’t have to imagine.

Mana’olana Partners unveiled The Residences at Mandarin Oriental, Honolulu’s new kitchen and bathroom designs in collaboration with renowned Milan-based designer, Molteni&C|Dada. This marks the Italian designer’s debut on the Hawaiian islands.

“As one of the world’s most influential tastemakers, Molteni&C|Dada is synonymous with sophistication and class and stands for everything that the Mandarin Oriental brand represents,” said James Ratkovich, co-managing partner of Mana’olana Partners, in a press release. “We are elated to welcome our future Residents to the Residence Gallery to experience the true-to-life Molteni spaces.”

Designed by Dianna Wong Architecture and fabricated by Molteni&C|Dada, the 99 exclusive residences will feature custom Italian bathrooms with a selection of two dramatic color palettes.

The Daybreak Palette will include Dada light oak wood cabinetry, Dada pewter metal trim, Dada Maxxigloss white lacquer cabinetry, White Carrara marble Kitchen counter and backsplash, and ADM White European Oak wood flooring.

The Nightfall Palette will have Rhone camel stained Oak wood flooring, Dada Eucalyptus wood kitchen cabinetry, Dada Titan metal trim and Grigio Lido Opaco Marble counter and backsplash.

Residents will have premier access to a private amenity level comprised of a luxury pool and lounge area with sun cabanas, a chef’s kitchen with a dining room, state-of-the-art theater and more.  

Residents and hotel guests alike will be able to shop in the Retail Salon, which holds the finest merchandise from couture fashion and accessories to jewelry and luxury timepieces. 

Prospective owners can virtually experience the building through the Residence Gallery, which features an interactive touchscreen, in which users can explore floor plans, renderings, views and fly-through videos as well as tour vignettes of the Dada-designed kitchens and bathrooms.

Select residences are available in the low $2 millions and up to $35 million, which includes the most expensive penthouse on the market in Honolulu.

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Footloose Fortunes

©istockphoto.com / ClaudioVentrella

While the pace of wealth creation may be slowing, the story now is how it’s spreading around the globe.

“The increasingly footloose nature of wealth.” That’s how global consultancy Knight Frank characterizes today’s trend in affluence. When it comes to real estate, all it takes is a quick look at the worldwide activity of major brands to see a clear illustration of this concept.

The locations of new affiliates of Sotheby’s International Realty in recent months include Oklahoma City, Arkansas and Kansas, along with Cyprus, Slovakia and Qatar. Qatar is the second location in the Middle East for Sotheby’s. Berkshire Hathaway HomeServices has extended its reach to global hubs, partnering with major firms in Europe and the Middle East. Now, they count Berlin, London, Milan, Madrid, Barcelona, Dubai and Frankfort in their network. Coldwell Banker has offices in 49 countries. Luxury Portfolio International, the luxury arm of Leading Real Estate Companies of the World, has affiliates in more than 70 countries.

“The fact that the world is becoming smaller and smaller, the speed of information flow, and travel contribute to people’s interest in owning properties elsewhere, both for Americans and foreign nationals,” explains Joyce Rey, executive director, Coldwell Banker Global Luxury.

Markets may go through cycles and new partnerships emerge, but the foundation of global real estate hasn’t changed. “The luxury buyer understands that one of the best, if not the best, investments they can make is property,” explains Michael Jalbert, executive vice president, Global Field Operations for HSF Affiliates, the parent company of Berkshire Hathaway HomeServices.

Chatter regarding a potential recession might form a smokescreen, but wealth creation will continue to be a constant, according to Knight Frank’s annual Wealth Report, which forecasts a rise, over the next five years, of 22 percent in the number of individuals whose net worth exceeds $30 million, a group often classified as Ultra High Net Worth, UHNW. Over the next year, existing UHNW, especially in the U.S., expect their wealth to increase.

When Rey began her career in the 1970s, foreign buyers were a rarity, especially in Southern California. Today, she says, the percentage of foreign buyers purchasing ultra-luxury properties, those priced above $20 million, has remained pretty steady. “Usually it waffles between about 20 percent to 25 percent. And that hasn’t changed over the years.” For the first nine months of 2019, foreign buyers accounted for 31 percent of purchases of $20-million plus residences in Los Angeles’ tony west side.

Rey was one of the first to reach outside U.S. borders to forge connections. After the increase of Japanese buyers in 1980s, she traveled to Japan to meet one-on-one with agents and potential buyers. “I feel if a quarter of your buying population is foreign, you should be reaching out to the foreign market,” she says.

Bob Hurwitz, founder and president of the Hurwitz James Company (HJC), was also on the leading edge of the global outreach. “In the early 90s, I recognized that the buyers for my highest-priced properties were more and more often originating from overseas. This was actually before the Internet was even a reality for marketing purposes. As a result, I started focusing a significant percentage of my marketing to exposing my listings here in the states to affluent foreign buyers.” He also created a network of HJC representatives to promote his listings overseas. Currently, Hurwitz represents nearly $3 billion in luxury properties and developments worldwide.

Even those who work in the global arena today are occasionally surprised by the geographic diversity of investors and buyers. “One stat that recently jumped out at me is Aruba is home to 90-plus nationalities and ethnic groups, which I thought was fascinating,” shares Stephanie Anton, president of Luxury Portfolio International. “One of our affiliates there also pointed out that many of their buyers are coming from India.”

And this isn’t an isolated instance. Indian buyers are cropping up in many other primary and second-home locations, including Portugal. Among foreign buyers in the U.S., India ranks third after China and Canada. India is expected to lead the five-year growth in Asia’s ultra-high net worth population with a 39 percent increase, followed by the Philippines (38 percent) and China (35 percent).

Increasingly, the ultra-wealthy are not necessarily tied to one country or one region. Approximately, 26 percent plan to emigrate in the next year. Already, more than a third hold a second passport and 22 percent plan to buy outside their country of residence, according to Knight Frank.

However, 2018 saw only a marginal increase (0.8 percent) in the size of the ultra-wealthy population, which Wealth X describes as a “marked slowdown” from the year earlier. The combined net worth of the ultra-wealthy declined 1.7 percent, the first annual fall in three years, according to Wealth X. However, it’s important to view these changes in context, because 2017 saw dynamic wealth creation with double-digit growth in the number of ultra-wealthy and impressive gains in asset markets.

The global outlook this year is nuanced. Rising interest rates and the end of quantitative easing means we are reaching the end of super-charged returns on everything from classic cars to art and property, according to Knight Frank. Government policies continue to transition as some countries seek to attract wealth, with a record number offering citizenship and residency through policies regarding investment, while others restrict outflows of capital. Others, including Singapore, Australia, New Zealand, Canada and the UK will continue to make it more difficult for wealthy non-residents to purchase properties.

Looking ahead, expectations are for slower price growth in key markets. But, as with any correction, a shift in values is an opportunity to which buyers respond, something that is already happening in London, where agents see a potential turnaround, particularly for higher-priced properties, underway.

“London’s general property market has experienced a slowdown and fall in housing prices. That said, the luxury property market is certainly bottoming out and we are experiencing buyers returning to the market, which is demonstrated by our revenues being up 146 percent year on year,” says Martin Bikhit, managing director at Berkshire Hathaway HomeServices Kay & Co.

“Given all the uncertainty of Brexit, values in London have come down significantly. It’s a buyers’ market,” says Jalbert.

The exchange rate of the U.S. dollar to sterling makes the value equation even more appealing. “American buyers have been able to take advantage of savings up to 45 percent compared to the 2014 peak of the market. U.S. buyers believe that the market is going to spike post-Brexit and there is now an opportunity to buy competitively. Indeed, this is illustrated by the fact that American hedge funder Ken Griffin was the buyer behind two of London’s most expensive property transactions within the past year,” according to Bikhit, who calls this surge a “pre-Brexit boom.”

Hurwitz sees luxury penthouses in many traditional hot markets, including London, as good opportunities for buyers, since those prices have seen a big decline. Other recommendations in Europe include France as well as Tuscany, which, he says, has an appeal that transcends the strictly financial. “Finding something totally renovated in an authentic manner is key.”

A flat or pied-à-terre in Paris has become a rite of passage for Americans, says Anton, noting reports of particular interest coming from Silicon Valley. Paris is one of the bright spots in Europe, placing third on Knight Frank’s list of the

fastest-growing luxury markets.

“France and Italy are still two of our top locations and our offices are expanding in numbers and experiencing a very solid claim in the market,” says Craig Hogan, vice president, Coldwell Banker Global Luxury.

Berlin is Europe’s rising star. It has topped Urban Land Institute’s list of markets to watch in Europe for four years in a row, and currently ranks second after Madrid on rankings of the fastest-growing luxury real estate markets. Luxury residential here is a small but vibrant niche, with the number of privately owned apartments selling above 1 million euros growing by 17.5 percent from 2017 to 2018.

Stefan Schulze, COO, Berkshire Hathaway HomeServices Rubina Real Estate, says, “If Berlin succeeds in further expanding its potential in scientific and culture fields and remains one of the influential centers in Europe, it can be deemed certain that not only the number of premium new development projects but also the quality of luxury real estate will continue to grow sharply.”

Global Buyers in the U.S.

From the perspective of foreign buyers in the U.S., Hurwitz says, the market has changed multiple times over the last few years, fueled by factors as diverse as the attitude and oversight of a foreign buyer’s own government regarding money leaving their country, to crushing economic changes in their country of origin, to U.S. government restrictions on shell companies buying, to various others. Hurwitz says, “I still believe the U.S. is a safe bet and I am telling my clients to buy here.”

During the 12 months from April 2018 to March 2019, global purchases of U.S. properties fell sharply, with purchases declining by 36 percent. The dollar volume as well as the average price also declined. Rather than lack of interest from potential buyers, Lawrence Yun, NAR chief economist, cites what he calls “a confluence of factors — slower economic growth abroad, tighter capital controls in China, a stronger U.S. dollar and a low inventory of homes for sale.”

John Smaby, NAR president, adds, “There is still significant interest in U.S. properties across the globe, and the U.S. is still seen as a safe, secure place to invest.”

London

©istockphoto.com / _ultraforma_

Tuscany

©istockphoto.com / mammuth

Paris

©istockphoto.com / Givaga

Madrid

©istockphoto.com / SeanPavonePhoto

Global Bright Spots

Along with real estate professionals from over 27 countries, Stephanie Anton recently returned from her company’s international conference in Athens. “It was thrilling to hear and see firsthand about so many bright spots in the market,” she says, including places where property markets were hard hit by political and financial turmoil during the recession. “One that was particularly obvious was our host city itself. The optimism of the Greek people was palpable.”

Both Spain and Portugal are seeing an influx of buyers and a surge in sales. Both suffered during the recession and are experiencing a strong turnaround.

“I think there is a sentiment of Europeans kind of holding their breath and waiting to see what happens with Brexit. But yet, there are also bright spots and the bright spots are more of those second-home markets because they’re lifestyle purchases. And so people are less concerned about the economic impact of Brexit because of making decisions on purchasing second or third homes,” Anton observes.

Some of the strongest luxury markets this year have been in resort locales. San Miguel de Allende continues to rank at the top of best cities and second-home destinations. “Our typical luxury buyers are investors looking for properties to take advantage of the lucrative vacation rental market, or shopping for their second or third vacation homes,” says Nancy Howze, with CDR San Miguel.

“Upscale consumers tend to have a broad world view,” says Jalbert. “They understand markets and are attracted to a range of places. Buyers in different parts of Europe are looking for a weather change, so it’s no surprise to see the resurgences of locations along Costa Del Sol and Portugal.” Jalbert adds that almost 100 percent of the luxury transactions in their eight offices in Portugal are from buyers outside the country. “It’s just an incredibly enchanted place where they have beautiful properties, but where there has also been significant investment in infrastructure,” he says.

One thing that has remained constant across the globe is the attitude of the elite regarding buying. Some of the highest sales in the last year can be tracked to global buyers, according to Hogan. “They will spend the money but need to know it’s a wise decision.”

THIS ARTICLE ORIGINALLY APPEARED IN THE GLOBAL 2019 ISSUE OF UNIQUE HOMES. TO SEE THE DIGITAL VERSION OF THIS STORY, CLICK HERE.

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Rise to the Top

Subscribed to REAL TRENDS 500? This year, Who’s Who in Luxury Real Estate members were recognized more than 150 times in the REAL Trends 500. Find out more about these top agents!

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Home of Dean Martin for Sale

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Travel in 2020

All photos courtesy Tourradar.com

Now that the holidays are over and business is back to usual, it’s time to get excited about where you’re traveling in 2020.

Unique Homes and Tourradar.com have rounded up all the buzziest destinations for the year ahead so you can start planning your next great adventure!

Costa Rica

If you’re hoping to reconnect with nature this year, Costa Rica is the answer. It’s where tropical backgrounds are the norm, as is exotic wildlife, robust coffee flavours and the relaxing wellness retreats waiting for travellers beachside.

Stroll across suspension bridges up in the forest canopy and find yourself completely and utterly face-to-face with Mother Nature while in the dreamy cloud forest region of the country in Monteverde. 90% of Costa Rica’s energy is created by renewable sources, and they’re on track to become one of the first carbon-neutral countries this year. Play your part by choosing to spend vacation time in a country that’s going above and beyond to make a difference to our global climate crisis.

Just in case activities like hiking volcanoes, surfing and zip-lining through lush hilltops isn’t your thing, Costa Rica is also home to cities tailor-made for an escape, from San Jose to Puerto Viego. While there’s something for everyone in Costa Rica, the natural beauty and jungle life definitely come first place.

Bhutan

It’s been a couple of years now that people have been talking about Bhutan and for good reason. The country proudly boasts a nearly untouched natural landscape that will stun even the most well-travelled among us. Already the world’s only carbon-negative country, taking a breath of fresh air means something entirely different in Bhutan.

Nestled tightly in the Himalayas, you’ll find plenty of mountain trails capable of delivering you some awe-inspiring views in Bhutan, like those of Paro Taktsang – also known as Tiger Nest – it’s an iconic sacred Buddhist monastery that sits cliffside. There’s also the chance to see ornate palaces from as far back as the 17th century and national parks that are home to rare and exotic wildlife like the Himalayan black bear and red panda.

If you’re hoping to make 2020 the year for some spiritual respite, a visit to the world’s real-life Shangri-La is in order. 

Ireland

Easily enjoyed in under a week, the Emerald Isle is full of pursuits that balance adventure, nature and history with ease. 

The only road trip you’ll need for 2020 is along the Wild Atlantic Way, a 2,500-kilometer route that you can tackle in parts during your first visit. Embrace the elements along this sprawling route and enjoy discovering small-town life, coastal landscapes and secluded beaches across the country.

The sooner you visit, the faster you can start conquering your resolutions. Just make sure your trip itinerary includes a stop at the Blarney Castle where the famed Blarney Stone is located. As the legend goes, those who hang upside down and lay their lips on the stone is bestowed the gift of gab, which will help to ensure you get everything you want and more out of 2020.

Argentina

Home to one of the world’s most impressive networks of waterfalls, Argentina is teeming with extraordinary natural wonders that put travellers in the centre of it all. For example, visitors to the Argentina side of Iguazu Falls can enjoy kilometres of trails that will take you in and out of lush forests and within arm’s reach of the waterfalls themselves. If you’re in search of something a little cooler, then Glaciar Perito Moreno will not disappoint. You can witness the soaring beauty of this glacier in Los Glaciares National Park. And thanks to the park’s extended network of steel catwalks and platforms, Perito Moreno is one of the world’s most impressive and accessible glaciers.

You want a city escape with fiery music, and experimental takes on classic dishes, Buenos Aires, the country’s capital, is an essential stop on your 2020 adventures. Argentinians know their way around beef, and their steaks will wow your tastebuds. You can end your night in Buenos Aires by visiting a tango bar and working off your dinner in a flurry of dance moves taught to you by local experts.

Looking to include world-class wine? Just head to Mendoza (Argentina’s wine country). You can learn how the grapes are grown and cared for in the thick of it all. We promise once you’re walking alongside the farmers, hearing their stories firsthand, a glass of Malbec will taste all the more satisfying.

 

 

Want to learn about other potential travel destinations? Visit Tourradar.com for more opportunities!

 

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TOP COACH

No matter how experienced, every real estate professional can benefit from training, and Tom Ferry is the gold standard in the industry.

Photo courtesy of Tom Ferry

Tom Ferry888.866.3377 • www.tomferry.com

Tiger Woods never stopped relying on a coach, and the most successful professionals in any field recognize the value of consistent training. Over the last decade, real estate has become such a dynamic, rapidly evolving industry that most agents are too busy chasing deals to capitalize on new trends and techniques that can make them more successful.

Tom Ferry, founder and CEO of Ferry International, specializes in coaching and training real estate agents through one-on-one counseling, experiential training events and online productivity products. Explaining that his specialty of motivating people is literally in his DNA, Ferry reports, “Most people were raised on milk and cookies. I was raised on Zig Ziglar, Brian Tracy and my dad, Mike Ferry.” At 18 the younger Ferry joined the family business, learning everything from the ground up.

Acclaimed as charismatic and inspirational, Tom Ferry denies being naturally gifted, commenting, “When I first started out as a presenter, I was horrible.” He jests, “When somebody comes up to me and says, ‘I saw you back in ’93,’ I want to tell them ‘Oh, I’m sorry … I should probably give you a refund.’” Trained by renowned speech coach Ron Arden, Ferry developed his current style, reinforcing his belief that any skill can be taught. “There are no bad audiences, only unprepared presenters,” says Ferry, who enjoys both individual sessions and conference centers packed with 6,000 clients.

In his 30 years as a leading real estate coach, Ferry has perfected sales skills, marketing systems and team-building techniques that help agents not only succeed but dominate their markets. Ferry and his team have coached more than 30,000 agents, holding them accountable to fulfilling their greatness. “Today the key to any successful business is trust, and I help my clients scale trust,” states Ferry, who reports the best agents are keenly aware that closing deals and building a client base both depend on trust.

Insisting organizations sustain themselves through innovation, Ferry believes business professionals should reinvent themselves every 18 to 24 months. “At my large events, I deliver 20 to 100 strategies, techniques and marketing campaigns, but you need to pick the three that are right for you, your market and your maturity as a businessperson,” says Ferry. In his list of “superpowers” of successful real estate agents — items like effective negotiation, marketing and business development are naturally among them — the primary superpower is empathy, a quality that builds trust and relationships.

Addressing organizational philosophy, Ferry states, “Team leaders need to have the ability to transfer skills to maintain the continuity of the client experience.” He adds for emphasis, “I would never

invest in a company whose CEO had the attitude, ‘Nobody can do it better than me,’ because that’s a non-scalable business.” All of Ferry’s work is built on the premise: “The consumer deserves a higher quality real estate agent and experience.” 

The Orange County, California-based Ferry enjoys investing in a wide range of companies, from technology to spirits, and sits on the board of directors of Miracles for Kids, a non-profit serving families with critically ill children. And while he enjoys golf, the coach admits to a healthy obsession with business, believing every person should identify his or her natural skills and pursue them with intensity.

“I want to coach, create, connect, and contribute,” says Tom Ferry, who is uniquely qualified to teach you to maximize your own skills and passions.

THIS ARTICLE ORIGINALLY APPEARED IN THE GLOBAL 2019 ISSUE OF UNIQUE HOMES. TO SEE THE DIGITAL VERSION OF THIS STORY, CLICK HERE.

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A Sunset Paradise

Come home to Sunset Paradise!

This exquisite new construction estate will excite the discerning buyer who is looking for quality, uniqueness and all the beauty the Florida Keys has to offer.

Two fantastic homes totaling 7 bedrooms and 8.5 baths situated on 2.75 acres of private property with expansive views of the gorgeous Florida Bay.

Nestled among the lush tropical landscape, this property will not disappoint. 

The main house features 5 bedrooms, 6.5 bathrooms of solid concrete construction, elevator, gourmet kitchen and many high-end features.

The guest cottage was renovated to feature 2 bedrooms with ensuite bathrooms, living room and kitchen all tastefully designed and decorated. 

Open water views, dockage, immediate access to the bay and easy access to the Atlantic Ocean!

  

94225 Overseas Highway

Key Largo, FL

$7,199,999

Agent: Melissa Nowell

(305) 394-3210 

mnowell@cbschmitt.com

 

 

Fantastic house! Beautiful finishes and décor!

Brett N.

Coldwell Banker Schmitt

Stunning – no comparison!

Pat M.

LoKation Realty

Perfection! Great location for accessing bay and ocean!

Sarah E

Sotheby's International Realty

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Destinations of Interest: Panama

©istockphoto.com / SL_Photography

From tropical escapes to spectacular biodiversity and marine life, Panama has great appeal to buyers interested in luxury real estate.

Stephanie Villarreal, President and Realtor of Your Panama Real Estate Connection, says that one of the most unique aspects of the country is in their very name — connection. “Panama is very connected … amongst others, Panama City’s Tocumen International Airport is known as the ‘Hub of the Americas,’ making Panama very easy to get to,” she says. The connection also extends into a selling point, especially for American buyers, as Panama uses the U.S. dollar as its currency, unlike other Central and South American countries.

Panama’s accessibility via air and sea helps to deepen its connections internationally. Because of this, according to Villarreal, the country’s diversity is far reaching, as many Americans, Canadians, Europeans and others have chosen Panama as their preferred retirement destination, or have purchased real estate and live either part-time or full-time in the country. A recent real estate trend in Panama also includes more international buyers, particularly from mainland China. “There are many well-known multinational corporations with regional headquarters in Panama City as well as embassies of many countries,” Villarreal notes.

Luckily for interested buyers, there is plenty of inventory in a range of property options. Villarreal and her brokerage work with listings in many regional areas with different unique characteristics, from highland properties and waterfront listings to island living options. Elegant Panama City apartments in luxury residential buildings are especially appealing, created by reputable architects and builders into “property masterpieces.”

These masterpieces continue to grow in number and variety. For example, the exclusive Santa Maria development in Panama City is being further developed — it boasts an 18-hole Nicklaus-design golf course, and the city’s historic district, Casco Viejo, is a UNESCO World Heritage Site. Villarreal also mentions that there are several unique private island options with modern conveniences, including state-of-the-art marinas.

Panama

Stephanie Villarreal

President, Realtor

Your Panama Real Estate Connection

888.899.0019

info@yourpanamaconnection.com

www.YourPanamaConnection.com

Page 31

THIS ARTICLE ORIGINALLY APPEARED IN THE GLOBAL 2019 ISSUE OF UNIQUE HOMES. TO SEE THE DIGITAL VERSION OF THIS STORY, CLICK HERE.

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Tamarack Resort is More than Just a Destination

People who come to Tamarack rarely want to leave. A fortunate few don’t have to.

The Village at Tamarack is the latest ski-in/ski-out residential addition to the renowned Tamarack Resort in Idaho’s scenic Valley County. Located 90 miles north of Boise and nestled at the base of the Payette River Mountains at an elevation of 4,900 feet, Tamarack is more like a small, inviting hometown than your typical sprawling, mega-resort destination.

Surrounding The Village is Tamarack Resort, a four-season, boutique-style resort with world-class skiing for every skill level. This area welcomes families to the good life without pretense. Here, what you see is what you get. And what you see is nothing short of spectacular, no matter which direction you turn.

There’s the towering beauty of the mountains, the quiet majesty of the pine forests, the peaceful depths of Lake Cascade, and the rushing waters of the Payette River. Many of these vistas can be taken in from the comfortable perch of your own inviting residence at The Village at Tamarack.

This pedestrian-friendly alpine town is home to narrow, winding lanes, unexpected shops, eclectic dining options, and 129 well-appointed condominium residences—all just a few hundred skiable yards from the nearest lift.

3,600-Acres. Four Distinct Seasons. Unlimited Possibilities.

When you live at The Village at Tamarack, you can ski out to the lifts in the morning and ski in from the slopes at the end of the day. Then again, skiing is just the beginning of a long list of outdoor activities your family will share at The Village.

In addition to Alpine, Nordic and backcountry snow skiing, Tamarack boasts snowshoeing, snowmobiling, and snowboarding in winter. In the summer months, there’s water skiing, wake surfing, sailing, and paddle boarding on beautiful Lake Cascade, as well as fly fishing and white water rafting on the renowned Payette River. Zip-lining, golf, mountain biking, birding, hiking, and guided adventures can be enjoyed from spring well into the fall.

For you, downtown is downstairs.

After a day of nonstop activity on the mountain, slow down and relax in The Village’s retail district, located just below your residence. Mingle with neighbors at one-of-a-kind boutiques, bars, and coffee shops. Escape to the spa to relax and unwind after a long day on the slopes. Enjoy family-friendly meals at restaurants ranging from casual cafes to gourmet dining establishments. 

Not far from Tamarack, there’s even more to see and do in the laidback, western-style towns of Donnelly and McCall. Boise, America’s most livable city in 2019, is also just an easy road trip away.

With so much to do outdoors, you may never want to come inside. Once you do, however, you’ll be met by warm, inviting, carefully considered interiors.

The Village’s first offering of luxurious, fully furnished condominium residences ranges from comfortable studios to spacious penthouses with multiple indoor and outdoor living areas. Most floor plans feature natural stone accents, full kitchens with waterfall islands, and inspiring views from nearly every angle.

Select floor plans include outdoor dining spaces and additional interior lock-off areas—which can be treated as guest space when needed or separated for rental use in the property’s management program.

Whether The Village at Tamarack is your primary residence, a second, or even third home, it’s likely to be one your family returns to for generations to come. Given the area’s low cost of living and family friendly environment, there’s no better place to raise kids. For adults, Tamarack is an ideal location for refreshing the spirit, rekindling connections and strengthening family ties.

Ready to make this enviable resort life part of your life? Get in touch with Trisha Sears,
The Village at Tamarack’s exclusive onsite broker.

Owning a home at Tamarack Resort may well be the chance of a lifetime. But with only
a limited availability of residences, the opportunity to own at the Village won’t last anywhere near that long.

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