Trudy Stambook,
CIPS, CME, SRS, CNE, TRC
Centre City Properties
220 West “G” Street, Suite A, San Diego, CA 92101
619.252.1944 | Trudy@TrudyStambook.com | www.TrudyStambook.com | CA BRE# 00694195
Renown for discreet, individualized client service, Trudy Stambook is a key resource for real estate clients and those actively engaged in the business, development and cultural community in San Diego. First named among the nation’s elite luxury real estate agents back in 1995 by Unique Homes Magazine, and recognized annually ever since.
• Over 30 years of experience as a luxury real estate professional
• Over 20 years of worldwide marketing in 85 countries
• Representing both Buyers and Sellers
• Repeatedly voted Five Star “Best in Client Satisfaction” by readers of San Diego Magazine
PINNACLE 3402
Capturing the essence of sophisticated urban living, this extraordinary, one-of-a-kind Pinnacle top tier residence is resplendent in custom designed finishes and panoramic views. Nearly 3,000 sq ft of impeccably crafted living space, gleaming marble floors, walls of glass, glamorous entertaining areas yet a finely tuned haven for day-to-day living. Revel in the best vantage point in the city.
Trudy Stambook originally appeared as an Elite agent in Unique Homes Spring ’19: Elite edition. See her ad here.
Jeanne Hockaday
Virginia Country Real Estate, Inc.
3765 George Washington Memorial Highway, Hayes, Virginia 23072
O: 804.642.6126 | C: 804.815.0097 | Jeanne@vacosold.com | www.VirginiaCountryRealEstate.com
Principal Broker and owner of Virginia Country Real Estate, Inc. A licensed Realtor with 45 years experience, earning the status of the Nationally Recognized title “Emeritus” through the National Association of Realtors (NAR), as well as many Realtor designations, which provide better knowledge and skills for performing at the top of our professions. CRS, Certified Residential Specialist, GRI, Graduate of the Realtor Institute, CRB, Certified Real Estate Brokerage Manager, ABR, Accredited Buyer Representative, E-Pro Technical Training, QSC, Quality Service Certificate. A Dale Carnegie graduate, Elite Homes Luxury Property Representative, Sales Trainer and Manager, and Realtor agent since 1973. Served 3 times as President of the Chesapeake Bay River Association of Realtors and various other positions. Currently serving on the State of Virginia Association of Virginia Leadership Academy Alumina Representative, and the State of Virginia Health Dept. On-site Sewage and Systems Appeals Board. A proud Rotarian, Chamber of Commerce, and National Home Builder’s Association member.
Listing by Jeanne Hockaday
Tyndall Point, Virginia
Spectacular one-of-a-kind York River residence. Features include an infinity pool, solar, smart home and dock with covered slip. Must-see magical setting.
$2,000,000.
Jeanne Hockaday originally appeared as an Elite Agent in the Unique Homes Spring ’19: Elite edition. See her page here.
Architects, designers, artists and more often pull inspiration from their surroundings to create unforgettable final products. Tectonic accessories, designed by Rogerseller, were created with the idea of earth’s most enigmatic natural processes — tectonic plate motion — in mind.
A series of floating plates make up the enchanting collection. They can be placed in various planes and axis’ to each other, representative of the plates that make up the Earth’s surface and their dynamic interaction with each other.
An intriguing addition to any bathroom, these elements are undeniably modern, yet pull from an ancient process that began over three billion years ago. The sleek finishes are appealing in both their function and style. These accessories are the perfect detail to finish your space.
The linear design provides a bold signature aesthetic that appears throughout the collection, which is available in a selection of the Rogerseller Natural Elements finishes.
The accessories feature multiple-length towel rails and shelves (with the option of custom tile inserts), a combination shelf and towel rail, angled and straight robe hooks, double or single paper holders with shelves and a vertical heated towel rail that provides greater heating efficiency.
Each rail, shelf and robe hook is of equal height, allowing installation as a continuous linear feature wrapping around the bathroom.
Photos courtesy of Rogerseller
Peter Barkin & Mark Gilman
Compass, Barkin-Gilman Group
1200 E. Las Olas Blvd Suite 103, Fort Lauderdale, FL 33301
Peter: (954) 675-6656 | Mark: (954) 557-8777 | www.barkingilman.com
Peter Barkin and Mark Gilman have been successfully supporting the real estate dreams of buyers and sellers in South Florida for more than 20 years. In 2002, Peter and Mark teamed together to create the Barkin-Gilman Group, a highly respected and successful brand within the South Florida real estate community.
Listing by Peter Barkin & Mark Gilman
Fort Lauderdale, Florida
AQUABLU
There are 2-bedroom and 3-bedrooms available at the beautiful development, as well as dockage.
Starting at $1,395,000.
Peter Barkin & Mark Gilman originally appeared as Elite Agents in the Unique Homes Spring ’19: Elite edition. See their page here.
Tropical decor is a bold statement that can be difficult to balance. Avoid over-the-top details and learn how to embrace muted accents and elements that elevate a space without making it too whimsical.
If tropical brings to mind luxurious retreats and dream vacations, you may want to incorporate the look into your home. Here are a few tips for bringing tropical to a high-end level that you’ll love throughout the seasons.
Photo courtesy of English Blinds
Bold Wallpaper
Most tropical decor involves a playful wallpaper or large piece of art. There are a variety of quality wallpaper brands that can help create an oasis of color and charm for your space. Have fun with your wallpaper, there are many to choose from and it is the quickest way to transform a space.
Photo courtesy of Wallsauce.com
Add Foliage
Tropical prints are just the beginning. If you are looking for an authentic feel and want to avoid a staged look, incorporate real tropical greenery that will play off accents, prints and other details in your decor. A snake plant or peace lily truly capture the tropical feel, yet they are low maintenance and easy to care for. Greenery can also bring out muted tones that might appear in prints.
Photo courtesy of Mindthegap
Try Traditional
Fun details can be luxurious. Black and white, monochromatic, or muted prints can still embrace tropical imagery. A palm tree wallpaper or a pink flamingo statute can be toned down in terms of color, allowing more flexibility in your decor. Don’t shy away from traditional items but the balance between just enough and too much is delicate.
Photo courtesy of Brabbu Design Forces
Keep it Neutral
Neutral tones help to balance bright colors and bold shapes that appear in tropical wallpapers and prints. If you’ve decided on a statement wallpaper and you’re worried about overwhelming your senses, it helps to choose natural accents such as wood furniture and flooring. Light grays and white also tone down the intensity of a space.
Photo courtesy of Essential Home
Mix and Match
If you want to truly embrace the tropical sentiment, be bold and confident with your choices. For an earthy tropical feel, mixing a variety of prints that play off of each other with color palettes that work together will bring your space to life. Mixing and matching prints, designs and elements can come together to create a luxurious balance.
Photo courtesy of Essential Home
Check out these articles with simialr content; Bold Wallpaper, Wallpaper That Will Stick Around, How To Weather The Decor Dilemmas of Modern Farmhouse, Tropical Modernism Makes a Comeback in Hawaii.
Debra Johnston
Berkshire Hathaway HomeServices
Georgia Properties
3500 Lenox Road NE, Suite 300, Atlanta, GA
404.312.1959 | DebraAJohnston.com
Listing by Debra Johnston
Atlanta, Georgia
40 Cates Road
Perhaps one of the rarest estates on over 8.4-plus acres available near Buckhead. Gated and completely fenced to the back gate, this unique and manicured property is surrounded by protected state land. The estate includes a lake with fountains, waterfalls, pergola, koi ponds, guest cottage and caretaker home. Entertain with tennis, batting cages, new pool and spa, outdoor dining pavilion and full bar. Enjoy the latest in Control4 home technology.
$7,950,000.
Debra Johnston originally appeared as an Elite Agent in the Unique Homes Spring ’19: Elite edition. See her page here.
A recreational, or rec, room can be the perfect space to have fun and enjoy time with others. But recreation can have many different forms. From a game room to a movie theater and so many other possibilities, it can be difficult to find the perfect design and style for you. Here are four steps that’ll help you do so:
1. Assessing the space
Whenever designing a room from scratch, it’s always a good idea to assess the size and dimensions of the space before anything else. Regardless of the room itself, the concept should always be centered around comfort. The first and foremost approach should be creating an inviting atmosphere for family and friends. Make sure to add ample seating, either spaced out for a larger room or closer together in a room with less space.
2. Finding the Purpose
It’s always crucial to think about the room’s purpose. For a more family-friendly setting, more comfortable seating and a fun atmosphere may work better. For those who appreciate a stronger sense of sophistication, a more refined look may be more suitable. For this style, an antique pool table with a polished finish can do just the trick. Darker walls add a dramatic backdrop to the space, incorporating the style even more so. If you’re a television junkie, a movie theater with ample seating may be more useful. Whichever purpose the room is used for, make sure it’s suits your interests and hobbies.
3. Incorporating Your Style
Alongside the space’s purpose, style is another crucial factor to consider. For a more sleek, modern design, install a flatscreen television to the wall and provide seating with a minimalist decor. Light fixtures should also be taken into account — modern light fixtures can add the perfect touch to finish off the room’s design.
4. Have Fun With It
The most important aspect of any rec room is to ensure that it serves its purpose, while also keeping a playful vibe. A bold color palette with a variety of textures and decorations can bring the room to life. Add funky decorations and avant-garde furniture to invite creativity into the space. In the end, remember to just have fun with it!
The busy summer season is coming to a close, but here are a few unforgettable destinations around the world that should be shared! These curated experiences are opportunities to immerse yourself in new cultures, taste new foods, appreciate art, design, history and enjoy time for yourself to rejuvenate.
Photo courtesy of São Lourenço do Barrocal
Wild Terrains — Portugal
As the only travel company leading women-only group trips that partner exclusively with local, female-owned businesses, Wild Terrains has expanded and launched their second destination – Portugal. This new eight-day/seven-night journey takes women travelers to Lisbon, Alentejo, and Porto, where the dynamic history, delicious food, and breathtaking landscapes are just the beginning. Guests stay at stylish women-owned hotels like The Lisboans in Lisbon and Duas Portas Townhouse in Porto. Experience a Lisbon street art tour designed by Vanessa Teodoro, a South African street artist. Enjoy a tasting menu dinner at women-owned Prado with wine pairings by Portugal’s top female winemakers, and so much more!
Other activities:
Foraging with Portuguese mixologist Constança Cordeiro, private mixology lessons, biking through the countryside of Alentejo Visit. Travelers will learn more about Portuguese food history with cooking classes and eating your way through Porto with a food crawl. Another option is to take a day trip to Douro Valley to meet some female winemakers in the region, and so much more!
Photo courtesy of Prado Restaurant Photo courtesy of The Lisboans
Photo courtesy of Wild Terrains
On Foot Holidays — Catalonia
The hills of Catalonia are perfect for a fall getaway, with the grape harvest in full swing in September. On Foot Holidays’ self-guided hiking vacation will take you through the terraced vineyards of the famed Priorat winemaking region to the town of Porrera, where there are, of course, plenty of opportunities to sample the local wines in celebration of completing your walk. Starting at Montsant, only an hour from Barcelona, the route through quiet hills with magnificent vistas also passes two fine abbeys – Poblet and Escaladei – the former thriving and active, the latter now being restored as an archaeological site of major significance.
Did you know?
All of On Foot Holidays’ 32 routes throughout Europe are designed by a local – someone who lives near every route and is responsible for the upkeep of the route, hotel liaison and providing telephone support for all walkers during their trip. For this route, the locals recommend a stay in Barcelona at the end (or start) at one of On Foot Holidays’ hand-picked hotels or B&Bs.
Photos courtesy of On Foot Holidays
Les Ilets de la Plage – Saint Barth
The sixth edition of the Saint Barth Gourmet Festival takes place November 6-10, 2019 on the island of Saint Bathélemy. Now considered a major culinary event, the Festival’s cast of participating chefs is once again star-studded and comprises iconic figures of haute French cuisine. The Saint Barth Gourmet Festival is counted as one of the major events in the world of culinary excellence and one of the best gourmet festivals on an international scale.
In addition:
The intimate, family-owned beach resort offers 12 private villas with direct access to the white sand beach and azure sea. Secluded yet central, Les Ilets has been a well-kept secret for years, combining the privacy and serenity of a villa with a hotel concierge service at an affordable price.
Photo courtesy of Pierre Carreau
Photo courtesy of Gerald Tessier
Ignacia Guest House — Mexico City
Stay in the beloved Colonia Roma neighborhood at Ignacia Guest House, a trendy eco-friendly bed and breakfast. Featuring just five unique suites, the hotel’s namesake is Ignacia, the housekeeper who took care of this 1913 colonial mansion for more than 70 years. In celebration of Dia de los Muertos, the chef will bake the traditional holiday bread for breakfast that week – Pan de Muertos or “bread of the dead,” a slightly sweet, brioche-like bread covered with orange blossom water and anise seeds.
In addition:
Foodies will love Eat Like a Local Mexico City’s special Dia de los Muertos food tour where founder Rocio Vazquez Landeta shares her personal approach to the celebration. Start the day with coffee, sweet bread, and street tacos with a visit to the flower market to enjoy delicious food while shopping for candy skulls, flowers, candles, colorful papers, and more.
Photo courtesy of Jaime Navarro
The Liming — Bequia
To Caribbean locals, liming means ‘the art of doing nothing.’ At The Liming Bequia, this leisurely way of passing the time comes with added luxury. Set on the tiny island of Bequia, this boutique hideaway is refreshingly off the beaten track compared to larger islands. With lush gardens, a private marina and views towards Canouan and Mayreau, The Liming instantly rewards you for going that bit further.
Did you know?
Reopening after the off-season on November 9th, 2019, The Liming Bequia recently announced a special offer for travelers –
“stay for 7 nights, pay only for 5” – so guests can enjoy liming for even longer.
Photos courtesy of The Liming, Bequia
For similar content try the following articles; Expert Q&A: Combining Luxury Travel with Curated Wine Experiences, Traveling the Globe in Search of The New Art Deco, Experiential Travel, Docent-Led Destinations.
The Ultra High End’s new story: No longer is ultra high-end real estate in the U.S. just about NYC and LA.
Beverly Hills, Manhattan and Miami, along with one or two other cities, have traditionally been the locus of the most expensive and most exclusive real estate in the U.S. Now, in an increasingly diverse geographic mix from Boston to Boulder, more properties align with what the industry calls the ultra or premier market. Uber prices in these locations might not number in the hundreds of millions of dollars, but they are the highest of that market. And, no matter the ZIP code, it’s likely that properties at the very top share similar attributes.
Worldwide, the number of millionaires and billionaires continues to grow, with the U.S. still accounting for the largest share of mega wealthy. “I think the change we are seeing in the growth in the ultra high-end is directly correlated to the growth of significant wealth in the world. More people have more significant money,” says Stephanie Anton, president of Luxury Portfolio International.
“Interestingly,” she says, “it’s diversifying too. In the U.S., no longer is the story just about NYC and LA. Bottom line, the shift in location is a change that influences the high end of the housing market and the demand for significant properties in a way we have never seen before.”
Photo courtesy iStockPhoto.com / Sean Pavone
Traditionally, the very top of the market in Boston was the purview of the city’s legendary Brahmins. But the revitalization of downtown neighborhoods and growth of tech and finance, along with globally recognized educational institutions, are revamping the high end in both the city and suburbs. In 2018, there were 82-percent more luxury property sales than in 2014. Not only are more properties considered high end, but new luxury towers mix with traditional blue-chip estates.
Photo courtesy of iStockPhoto / MattGush
Jonathan Radford with Coldwell Banker Residential Brokerage in New England is representing the highest priced estate outside Central Boston. Woodland Manor is a $38 million property on more than 7 acres, five miles from the city centerline in Brookline. Photo courtesy of Boston Virtual Imaging.
The highest listing in the city is a $45 million penthouse occupying the entire 60th floor of the new Millennium Tower. Jonathan Radford with Coldwell Banker Residential Brokerage in New England is representing the highest priced estate outside Central Boston. Woodland Manor is a $38 million property on more than 7 acres, five miles from city center in Brookline. “Over the ast 5 years, we have seen consistent growth in the number of luxury property transactions outside of the city of Boston, in the range of 10 percent to 30 percent per year, with the exception of 2016, when a shortage of inventory resulted in a 2.7-percent decline in the number of luxury sales. In 2018, there were 58-percent more luxury property sales than in 2014,” explains Radford. “In the city, growth in the number of luxury transactions has exceeded 25 percent a year.”
Beverly Hills agent Joyce Rey, head of the Estates Division of Coldwell Banker Global Luxury, has brokered a number of record-setting transactions both regionally and nationally. “I never cease to be amazed at the constant ascension of real estate values. Any look in the rearview mirror at real estate values is always surprising because people realize and regret not buying more real estate. And it seems shocking today because when I founded Rodeo Realty in 1979, $1 million was a pretty major property.” The customary benchmark for luxury in many places has been $1 million. Now, in many locales, including Boulder, Colorado, the $1 million home is basically a redo. Boulder agents say luxury doesn’t begin until $2.5 million,
but even then, as Megan Bach with Colorado Landmark Realtors points out, “some homes are not necessarily luxury.” A more reliable gauge in Boulder, she says, is price per square foot, a measure often applied to premier markets in New York and California. She estimates luxury in Boulder begins at approximately $1,000 per square foot. The highest priced home currently on the market is a $9 million property on 15.42 acres outside of town with extensive views and strong indoor/outdoor connections. Having “great indoor views typically price bumps any home in any neighborhood here, as is the case in any view locale,” says Bach, emphasizing what might be a universal truth for uber luxury: No matter the location, the better the views and outdoor connections, the higher the price.
Utah ay seem an unlikely spot for the ultra high-end, but prices now approach $10 million with the highest residential listing $26 million. Photo courtesy of Summit Sotheby’s International Realty.
“Sales over $10 million are very rare, but I think they are coming,” observes Debra Johnston, with Berkshire Hathaway HomeServices Georgia Properties. Photo courtesy of Debra Johnston.
Along Florida’s west coast, values in upscale resort locales traditionally trailed Miami or Palm Beach. Now, “prices for beachfront in Naples begin at $20 million,” says Tade Bua Bell of John R. Wood Properties. The recent sale of a gulf-front property in the exclusive Port Royal for $48 million illustrates how much demand has changed. The home was eventually torn down and replaced with new construction. Another property also in Port Royal and destined for a tear down sold for $28 million. In the ultra-sphere, a $10 million or $20 million tear down is not an anomaly.
The uber market in Atlanta starts around $5 million to $7 million for new construction. “Sales over $10 million are very rare, but I think they are coming,” observes Debra Johnson, with Berkshire Hathaway HomeServices Georgia Properties. “Buckhead is running out of large land lots, which is driving up the cost to build a dream house. The time it takes to build a new luxury home in the $5 million range could take up to 2 years. Many prospective buyers are instead buying the best flat lot they can find in a resale, and renovating the house to their taste level,” observes Johnson. In Atlanta, Los Angeles and other cities, lots suitable for prestige properties are at a premium.
In New York City, ultra luxury starts at $10 million, but Martin Eiden of Compass Real Estate says if you are looking for the “Wow factor” you have to be in the $18 to $40 million range. And anyone considering a trophy — what Eiden calls “I made it big” — property, generally has to look at $60 million and up. In the ultra-sphere, trophy properties often have over-the-top list prices. Greenwich, Connecticut, is a blue-chip bastion for prestige properties. Topping price points is a mid-country European style estate offered at $29.5 million, followed by a $22.5 million property, also in a premier estate setting. Old money locales tend to be timeless. In the Washington, D.C., metropolitan area, uber prices currently do not exceed
the $20 million mark. The exception is a $62 million estate in McLean, Virginia, on 3.2 acres overlooking the Potomac and comprised of a main residence and The Marden House, which was designed and constructed by Frank Lloyd Wright in 1959. Also extraordinary is underground parking for 30 cars, bespoke interiors by Thomas Pheasant and some of the finest views of the river in the region. In the ultra realm, truly singular properties, particularly those with provenance, often merit singular list prices. Parking for dozens of cars might seem over the top, but garage space and parking are both important to high net worth buyers, according to Rey. What else is considered a must-have? Smart home tech, larger closets, a gym, kitchens and great rooms that flow, screening and media rooms. But, Rey emphasizes, “Location is still the number one consideration for buyers.”
The increasing diversity of locations in properties at the highest price points is basically a numbers game: more buyers, greater degrees of wealth, and price appreciation in the overall market. Simply, there are more people in more locations with greater net worth. Utah is an unlikely spot for the ultra high-end, but prices now approach $10 million with the highest residential listing at $26 million. The market changed in 2016, according to Kerry Oman, with Summit Sotheby’s International Realty in Park City, who brokered the sale of a $13.5 million property in Provo Canyon, the highest-priced transaction in recent years. For the ultra market, the $5 million to $7 million range is typical, and $7 million to $10 million is no longer the exception, says Oman. In spite of growing national interest in Park City, demand for uber properties is most likely to come from home-grown wealth. In the ultra-realm, U.S. buyers dominate a majority of locations today.
“A lot of money is coming out of Silicon Valley, and Seattle now. And we’re seeing a great migration of significant wealth to more resort markets like Hawaii, Florida and Texas, due to an aging affluent population and also attractive tax laws,” shares Anton. Taxes are only one driver for a new geographic mix of buyers in Florida and Georgia. Even before the tax law was passed, brokers like Bua Bell were reporting more interest from Colorado and California. Brokers in Naples and other cities are also seeing buyers from New York, New Jersey, Massachusetts and Connecticut. Johnson says there has been a big increase in out-of-state buyers in Georgia in the last year. Ultra-luxury buyers in Greenwich have broadened in terms of their use of these properties and what they are looking for, observes Robin Kencel with Compass Real Estate. Some plan to make Greenwich their fulltime residence. Others are looking for a weekend or a summer retreat. “As people discover Greenwich’s natural beauty, from having four beaches to 600-plus nature trails to a breadth of year-round activities and its sophisticated, diverse and wholesome vibe, it is becoming an attractive alternative to the Hamptons,” she says.
In the Washington D.C., metropolitan area, uber prices currently do not exceed the $20 million mark. The exception is a $62 million estate in McLean, Virginia. Photo courtesy of Gordon Beal.
Sui generis is how some characterize the ultra market, but as distant and disconnected as it may seem, the ultra sector does not exist in a separate vacuum. “Everything’s fluid in luxury real estate,” says Gary Gold with Hilton & Hyland in Beverly Hills, noting it’s not like the stock market where there is a definite price at the closing bell. “It doesn’t work that way. There are so many nuances. In general, when you have record sales, when you have record numbers of sales, when you have lots of positive activity, it has an overall significant effect on everything,” he explains.
“The rise in significant prices is a reflection of demand but also is consistent with the rise we’re seeing in luxury prices across the board,” says Anton. “According to Realtor.com, in Q4 of 2018, prices in the top 5 percent of markets in 1,000 U.S. cities closed at an increase of 4.7 percent year over year. It’s a bit of that old saying, ‘a rising tide lifts all boats.’” With pricing heading into the stratosphere, an ultra purchase might seem capricious — a product of desire rather than a well thought
out choice. Instead, no matter the price, it’s still a question of value. Every once in a while a buyer might make a crazy purchase, but agents say that’s a very rare occurrence. Even though prices might be well into the tens of millions, Gold says, “It’s not about the money. It’s about how everyone wants to make a smart purchase, and no one wants to be a chump. For the most part, when they make that purchase, people want to feel they have made a prudent, valuable purchase. People who are worth a lot of money are very used to making very very expensive acquisitions, whether it’s in business or personal.
They know how to wrap their head around these very large purchases.” “These buyers are highly sophisticated consumers and active in multiple luxury asset classes, from cars to art to jewelry. They want to know that beyond enjoying their property, they have made a sound business decision,” says Kencel. Ultra properties might be extravgent and indulgent, but the ultra buyer’s focus is still value and investment. When there are several properties on the market at the highest prices, agents often say, “When one sells, the others will to.” Surprisingly, experience does validate this claim. “If you see homes that are setting new precedent, I think it definitely is an endorsement in an area and a price range,” says Gold. Several years ago, Gold broke the $100 million price point in Los Angeles with the sale of the Playboy Mansion. “No one ever sold something well over a $100 million. Since then, we’ve seen more really big sales than ever before. It’s definitely a validation of an area, and people get more comfortable spending more money, so it’s a good sign.” And the impact trickles down. “The second I sold something for $100 million, all of a sudden the $5 million listings are now worth more.”
This editorial originally appeared in Unique Homes Ultimate ’19 Issue.
Luxury real estate company, Engel & Völkers Snell Real Estate, recently announced its newest partnership with Lifestyle Asset Group, an exclusive vacation home company. The new collaboration creates a strategic bridge between the two companies, offering a select number of shares from Engel & Völkers Snell Real Estate’s choice portfolio. With the alliance, Engel & Völkers Snell Real Estate continues to “solidify its dominant position in the Los Cabos market,” according to a recent press release.
“By aligning our services with Lifestyle Asset Group we are ensuring that the marketplace’s luxury homeowners have a dynamic sales solution at hand. We can now provide the most sophisticated and effective collective ownership services for families to affordably own vacation homes,” says Vanessa Fukunaga, President and CEO of Engel & Völkers Snell Real Estate.
Photo courtesy of Engel & Völkers Snell Real Estate
The partnership will ensure a smart solution for buyers and sellers in the Los Cabos’ luxury second home market. The buyers have the ability to make a logical investment with a clear exit in place so they know when their capital will return after eight years of time in their beach getaway. Sellers will have the advantage of selling their property at or above its market value with no additional cost.
Over $50 million worth of luxury real estate is being offered on the peninsula. Both Engel & Völkers Snell Real Estate and Lifestyle Asset Group are looking forward to a successful vacation home partnership.