By Jessica Ganga and Marlene Ridgway
“With 300 days of sunshine, golden beaches, friendly people, and stunning countryside, it’s no wonder that many visitors seriously consider buying property in North Cyprus,” explains Aylin Pelin Onar, Broker/Owner and Global Luxury Ambassador of Coldwell Banker Maximum.
Cyprus consists of 480 miles of stunning coastline, attracting buyers from all over the world. ©iStockPhoto.com / Mindstorm-Inc.
As the third-largest island in the Mediterranean, Cyprus boasts 480 miles of coastline, citrus groves, gorgeous beaches and has a capital growth average of 20 to 40 percent annually over the past three years, making it a prime opportunity for luxury buyers, according to Onar. There’s also a certain mystery surrounding the island that is appealing. “It’s no surprise that according to legend, Julius Caesar gave the island to Cleopatra as a token of his love.”
With the highest-priced listing in the area being an $8 million, 150,000-square-meter villa built on a private hill, it’s clear that there is an expanding demand for luxury properties. “Our market is growing due to improving local and international economic conditions,” says Onar. Situated between three continents, Europe, Asia, and Africa, the location has contributed to the growing international market. “We are receiving clients from Turkey, Russia, Scandinavian countries, the Middle East, England, Israel and Australia,” notes Onar.
With the continuing development of new constructions and homes, the luxury market is expected to keep expanding to sustain the demand. Up and coming areas such as East of Kyrenia can provide the 5-star accommodations that luxury buyers now expect, including social facilities such as gym centers, spas, pools, and high security. “East of Kyrenia is the shining star, especially with its seafront luxury sites. The natural beauty, beautiful beaches, amazing mountain views, 18-hole international golf course, and 5-star hotels with casinos are the attraction points of this area,” says Onar.
Luxury properties in Esentepe, Kyrenia, North Cyprus embrace the island’s natural beauty, such as this home with gorgeous ocean views that sold recently for $900,000 USD. Photo courtesy of Sadi Yolgecen.
Recently sold for $7.7 million USD in Kyrenia, North Cyprus, this house examplifies the ultra-luxury listings available. Photo courtesy of Sadi Yolegecen.
With its diverse landscape and abundance of land, Canada is an ideal location for luxury buyers seeking a new place to call home. Of Canada’s many cities, Toronto is one that is family friendly and among the safest in the country. “People see Canada as a safe place to invest their money and raise their family. Toronto is the biggest city in the country and the financial centre of the country,” says Barry Cohen, Broker at RE/MAX Realtron Barry Cohen Homes Inc., Brokerage in Toronto.
As Canada’s largest city, Toronto has grown to be a rich metropolis with no shortage of things to do. “It’s a very cosmopolitan, multicultural city,” says Susan Macarz, Broker at RE/MAX Ultimate Realty Inc. Brokerage. Toronto boasts picturesque parks and playgrounds, country clubs, a theater district and nightclubs, to only name a few. Toronto also features some of the best schools in the country, attracting families seeking to provide their children with a top-notch education, according to Macarz.
Toronto, the largest city in Canada. ©iStockPhoto.com / PGIAM.
Toronto’s real estate market is diverse and continuously changing. “What’s happening is that there is very little land left in Toronto, so what people do is they buy big properties with an older house on it and they tear it down because they are buying it for land value,” says Macarz … Another trend that Macarz noted was the increase of townhomes and condominiums in the area, specifically Central Toronto, adding to the variety. “What I’m finding more often now is … there’s townhomes that are being built along the major streets. These townhomes start at about $1.5 million CAD and up,” says Macarz. Tall high-rises are being built that feature luxurious condominiums that have sizeable square footage, according to Macarz.
Along with urban-styled living spaces, Toronto is home to spectacular estates and mansions. According to Macarz, luxury buyers can find homes priced from about $4 million CAD to $30 million CAD. The most expensive listing in Toronto is located in the Bridle Path area, on the market for $32 million CAD by Cohen’s team. “It’s a magnificent multi-generational estate with a completely separate two story in-law apartment with its own entrance, elevator, and garage,” says Cohen. The 35,000-square-foot home also features an indoor pool and tennis courts.
Overall, both Macarz and Cohen made clear that Toronto is a premier location for people seeking to find their dream home.
In the St. Andrew-Windfields area of Toronto, elegance and contemporary blend in this listing recently sold for $7.1 million CAD by the Barry Cohen Team. Photo courtesy of Barry Cohen.
Featured Property: Crystal Bay, Nevada
Stunning lake views from this exquisite 2-bedroom, 2.5-bath Stillwater Cove condominium with elegant solid dark walnut wood, slate and carpet flooring. The kitchen includes black rough edge granite counters and stainless appliances. Other features include a large master and spacious en suite guest room. Most of the elegant furnishings are included. Enjoy entertaining friends at your wine bar featuring a full size wine refrigerator. Stillwater Cove offers its owners a first-class marina, buoy field and a seasonal fine dining restaurant with indoor and outdoor dining.
Lakeshore Realty www.tahoepam.com
email@example.com | C. 775.742.3096
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Hualalai’s individual communities each possess unique character and ambiance, all offering spectacular vistas and cooling tradewinds.
By Camilla McLaughlin
All photos courtesy Hualalai
An old Hawaiian saying is, “You don’t choose the island, the island chooses you.” After a recent visit to Hualalai on the island of Hawaii, I left completely smitten by the magic of the place, and in my wildest dreams I tend to think maybe I am one of the chosen.
It doesn’t take long to fall under the spell. Arrive at Hualalai and you’re greeted with a mai tai and a lei. Check-in takes place in a comfortable open-air space with the ocean shimmering under the moonlight in the distance. In a region awash with five-star properties, Hualalai is a standout, and what makes it so exceptional is passion — passion for the property paired with a reverence for the land and the Hawaiian culture that is shared by everyone who works there. It permeates every aspect of the resort from architecture to food to the Alaka‘ i Nalu, explorers of the waves. Very few places are able to orchestrate such a fine balance between authenticity, a connection to the land and a superlative guest experience.
During a recent visit, anticipation of an annual food and wine celebration with visiting celebrity chefs, was full on. An herb garden was being readied for a pop-up cooking academy. Chefs worked with David Choi, director of natural resources, to gather salt from a nearby stretch of beach. Also at the ready was a stock of oysters grown onsite in a lake fed by a subterranean aquifer and drawn through lava wells, only one of a couple sites verified by the state for this cultivation. These oysters are only available to residents and guests at the resort.
In addition to a Four Season’s resort, Hualalai includes residences ranging from villas to custom homes. Outdoor shower gardens, walls that disappear to open homes to the tradewinds, and designs that uniquely align with today’s lifestyle preferences are hallmarks, as are views of distant mountains and Maui. Almost everywhere, the ocean forms a backdrop thanks to changing elevations. Owners have extensive private amenities, including a clubhouse and restaurants. One of the resort’s two golf courses is private. Also reserved for residents is a beachfront restaurant, a prime place for dinner and sunset cocktails. Chefs at all the restaurants are masters at coaxing the best from the local bounty.
Rather than buildings, the most prominent feature here is the landscape — miles of coastline and lava rocks, an iconic signature of the island. The grounds are extensive with pathways that meander past low-slung bungalows embraced by a jungle landscape. Locals like to say the resort sits lightly on the land, and that’s only possible when development is guided by a commitment to stewardship.
A fantastic location demands visionary architecture. Few properties illustrate this concept better than the residence featured on our Unique Homes Global 2017 cover.
By Camilla McLaughlin
After searching for an ideal mountain setting in prime resort locations in western states, the owner settled on a mountaintop in Promontory, which offers some of the best views in Park City, Utah. An added incentive came from Promontory’s extensive amenities and services, including two 18-hole golf courses as well as the privacy afforded by the setting. To ensure that this level of privacy would not be disturbed, an additional 35 acres of ranchland near the site were added to the property. “You never need to put the shades down except to block the sun,” shares Alan Long, president of Rising Star Realtors in Park City, who is listing this estate.
Such a singular site also calls for equally significant architecture, and designer Walter Cunningham, who is noted for a cutting-edge aesthetic, was brought onboard. The end result is a dramatic geometric composition that unfolds organically along the mountaintop setting. The intricate design has 30 to 35 different elevations that interrelate, something Cunningham has deftly executed. But what transforms this residence from architectural masterpiece into a work of art are the materials. Serpentine Verde Stone from a quarry in Italy was used extensively throughout, appearing in three different finishes — rough on the walls, brushed on the floors and polished for the countertops. Long says the stone was prized by the Romans, who believed it had healing powers. The use of the same material throughout also creates a subtle continuity.
Expanses of glass under the roof create an interior panorama of sunlight and moonlight. “Every time I walk through the house, I notice something different and that doesn’t happen with other houses. It is more a piece of art than it is a structure,” says Long. Another important facet is proportion, which makes this home eminently livable. The home is listed for $19.5 million.
To mark our 45th year, we scoured the world to find 10 dream homes, from waterfront estates to country manses.
By Samantha Myers, Kirsten Niper and Kelly Potts
To commemorate our November/December “Global” edition of Unique Homes in this, our 45th year, we scoured the world to find 10 dream homes that could be purchased with $4.5 million. We discovered a diverse array of offerings, from waterfront estates to country manses, and historic properties to Contemporary works of art.
One of the most exquisite waterfront properties worldwide, the residence featured on the cover of this issue is as much a masterpiece as it is a piece of real property.
By Camilla McLaughlin
Set on two-plus acres, high on a hill in a private gated compound within Lanikai, this estate overlooks one of the most beautiful beaches in Oahu. The views, which extend along the coast to the tip of the peninsula, are perhaps the best in Hawaii. Spectacular sunrises usher in an ever-changing panorama of marine blues and turquoises. The crests of the Mokulua islands appear as sculptures on the water. At night, lights twinkle along the extended shoreline. “Even visitors who have previewed the property are spellbound by the views, which they say surpass their imagination,” shares Tracy Allen, vice president, Coldwell Banker Pacific Properties, who is listing the property.
The architecture reflects the refined aesthetic of contemporary’s latest iteration. Warm woods soften and showcase streamlined linear forms. European influences and materials elevate the interiors. A SieMatic kitchen seems to melt into the open concept living spaces. Windows and doors from Achenbach, Germany, are almost commercial grade and seamlessly integrate extensive outdoor living spaces and views with the interior. More than 1,177 square feet are devoted to open and covered lanais and decks. The full complement of outdoor living amenities includes a second-floor sundeck complete with a spa. The infinity pool is finished with glass tiles hand-selected to evoke the ocean hues.
What is not immediately apparent about this home is the degree of privacy it affords without compromising views or even access to a secluded beach. To get to this private resort, one must navigate two separate gated entries. This much privacy and the opportunity to relax while the view dazzles and the trade winds caress might be considered priceless; but in this case the price is $14.8 million.
For more about this property, visit Unique Homes Global.
Photos Courtesy Tracy Allen