THE TWELVE DAYS of CHRISTMAS

Traditional Christmas markets in Europe and America make town squares merry and bright

Visiting a Christmas market – known as a Christkindlmarkt in German or a Marché de Noël in French – is like stepping into a real, live Advent calendar. In the weeks that lead up to December 25th, cities and towns all over Europe light up with hundreds of festive outdoor stalls where shoppers can find handmade ornaments, seasonal sweets, and unique gifts. Christmas markets originated in the Holy Roman Empire and Scandinavia during the late Middle Ages. When Queen Victoria and the German-born Prince Albert married in 1840, they introduced German traditions to their Yuletide celebrations in England. As a result, both Christmas markets and Christmas trees gained wide popularity in Britain and America. Christmas markets traditionally take place in town squares and nearby pedestrian streets, and typically feature a nativity scene, or crèche, and a huge Christmas tree.

For full-time residents of cities like Paris, Stockholm, Salzburg, London, or New York, a visit to the local Christmas market is a wonderful neighborhood ritual to celebrate the season and ring in the new year. Count down the Twelve Days of Christmas by learning about Christmas markets all over the world, and explore the spectacular nearby estates that could each become a cozy and luxurious holiday perch.

1. Christmas Market at Champs-Elysées, Paris, France
November 15–January 4
The most famous avenue in Paris is home to the annual Christmas Market at the Champs-Elysées, and it attracts thousands of visitors every year. The charming vendor stalls are designed to resemble chalets, and goods range from specialty foods to toys and ornaments. This elegant, turn-of-the-century apartment in the 8th Arrondissement is within easy walking distance of the Christmas Market at the Champs-Elysées-—and of many of Paris’s top cultural attractions year round.

This elegant apartment on the ground floor of a secure turn-of-the-century building benefits from a private entrance from the main courtyard.
This elegant apartment on the ground floor of a secure turn-of-the-century building benefits from a private entrance from the main courtyard.

2. Salzburg Christmas Market, Salzburg, Austria
November 19–December 26
Salzburg’s Christmas Market is one of the oldest continuous holiday markets in Europe. Nestled at the foot of the iconic Hohensalzburg fortress, it dates back to at least the 15th century. The nearby Baroque Salzburg Cathedral just happens to be the church where one Wolfgang Amadeus Mozart was baptized. Appropriately, the Salzburg Christmas Market has an extensive program of events, including choral music that’s performed right in front of the cathedral. During the holiday season, this rooftop apartment in Salzburg is the ideal place to enjoy the city’s beauty from indoors: its panoramic views of snow-covered rooftops and churches are picture perfect.

This contemporary, state-of-the-art rooftop apartment boasts a truly spectacular 360-degree panorama of the historic center of Salzburg.
This contemporary, state-of-the-art rooftop apartment boasts a truly spectacular 360-degree panorama of the historic center of Salzburg.

3. Old Town Christmas Market, Stockholm, Sweden
November 21–December 23
Stockholm’s Old Town Christmas Market is a tradition five centuries in the making. Set just in front of the city’s Nobel Museum and not far from the Royal Palace, it offers a chance to enjoy Swedish holiday fare like pepparkakor (thin ginger cookies) and glögg (mulled wine), while browsing handcrafted gifts, many of which feature the trademark Swedish Christmas colors of red, silver, and white. This modern, four-bedroom villa located nearby is a prime setting for a chic Scandinavian holiday celebration.

This luxury 1960s waterfront villa offers panoramic views of Gröndal and the strait of Essinge.
This luxury 1960s waterfront villa offers panoramic views of Gröndal and the strait of Essinge.

4. Bordeaux Christmas Market, Bordeaux, France
November 23–December 30
Every November, a stretch of downtown Bordeaux metamorphosizes into a sparkling fairytale village full of wooden stalls when the Christmas market on Allées de Tourny opens to an eager public. This being France, the Bordeaux Christmas Market is especially famous for its local wines, artisan perfumes, and Landes foie gras. Enjoy these holiday treats in anearby duplex apartment on one of the city’s loveliest streets. With the Bordeaux Public Gardens nearby as well, it’s an ideal location any month of the year.

In one of the nicest streets of Bordeaux, between the docks and the Public Garden, this beautiful duplex apartment of 236 sqm is located in a beautiful stone building with an elevator and garage.
In one of the nicest streets of Bordeaux, between the docks and the Public Garden, this beautiful duplex apartment of 236 sqm is located in a beautiful stone building with an elevator and garage.

5. Canterbury Christmas Market, Kent, England
November 28–December 24
Whitefriars Square in the medieval cathedral city of Canterbury is home to the Canterbury Christmas Market, in addition to being the famed site of poet Geoffrey Chaucer’s The Canterbury Tales, and the seat of the Anglican Church. The setting is every bit as charming as the description suggests: colorful stalls have roasted almonds, gingerbread, and tin toys on offer. This 16th-century timber-framed estate with a courtyard garden nearby has the look and feel of a quintessential English country estate, yet it’s within walking distance of the historic city center. A lush courtyard garden frames the property.

A beautiful Grade ll Listed property with wonderful riverside views close to Canterbury West train station.
A beautiful Grade ll Listed property with wonderful riverside views close to Canterbury West train station.

6. Salisbury Christmas Market, Wiltshire, England
November 26–December 20
The Salisbury Christmas Market in Wiltshire’s Guildhall Square is known for its vividly colorful paper lantern parade, musical performances by local school choirs, and the Father Christmas Grotto. Its food stalls offer award-winning cheeses, local wines, French sausage, and homemade chili jams for a savory holiday treat. This gracious four-bedroom Georgian estatein Wiltshire has a light-filled dining room, a wonderful setting for a Christmas dinner.

An impressive Georgian Grade II listed country house in the heart of a pretty Wiltshire market town.
An impressive Georgian Grade II listed country house in the heart of a pretty Wiltshire market town.

7. Winchester Cathedral Christmas Market, Winchester, England
November 19–December 22
A relative newcomer only in its tenth year, the Winchester Cathedral Christmas Market is already renowned as one of the most spectacular in Europe. Taking a cue from the older historic markets and inspired by traditional German Christmas markets, the Winchester version features mulled wine, bratwurst, stollen, and the English holiday favorite, mince pie. Talented craftspeople including jewelers, painters, glass makers, and textile artists make it an ideal place to browse for unique gifts. This stunning, modern estate known as the Dutch Barn is inspired by the proportions of a historic Cotswolds farmhouse. With six bedrooms, landscaped grounds, stables, and a five-oven AGA stove in the kitchen, it’s ready for holiday entertaining.

An inspired exciting Cotswold Revival house-  a pioneering concept which strikes a careful balance between high quality of design and simplicity of purpose.
An inspired exciting Cotswold Revival house- a pioneering concept which strikes a careful balance between high quality of design and simplicity of purpose.

8. Belgravia Christmas Market, London, England
December 5–6
London lights up each year for the Belgravia Christmas Market with its trademark striped awnings atop each stall on Pimlico Road. For just two days in early December, the streets appear to dial back the clock to an earlier era, and festive stalls offer food, drink, toys, and ornaments while music plays and electric lights shimmer. A particularly London-style touch is the iconic Black Cab photo booth, where Santa poses with kids in one of the city’s famed taxis instead of his traditional grotto. The light-filled, modern Penthouse at 59-60 Cadogan Place is situated a short walk from the location of the Belgravia Christmas Market. Charles Dickens wrote of Cadogan Place in his 1838 novel Nicholas Nickleby, and though London has certainly changed since the famous author’s time, Cadogan Place remains a lively street full of historic charm and character—especially at Christmas.

This superb 4,185-square-foot triplex penthouse is situated in exclusive Cadogan Place in the heart of London’s Belgravia.
This superb 4,185-square-foot triplex penthouse is situated in exclusive Cadogan Place in the heart of London’s Belgravia.

9. Union Square Holiday Market, New York City
November 19–December 24
It’s no surprise that New York City’s Union Square Holiday Market draws nearly 1 million visitors each year to its more than 150 stalls offering food, ornaments, jewelry, toys, and crafts beneath their red and white striped tents. Since 1994, it has been one of the city’s most festive and popular holiday attractions, located about two miles due south of the iconic Rockefeller Center Christmas Tree. With its huge windows and spacious kitchen and dining area, this spectacular Upper West Side residence overlooking Central Park is a lovely place to watch the snow fall and prepare a sumptuous holiday meal after a shopping sojourn to the Union Square Holiday Market.

On the 38th floor of 15 Central Park West, this gorgeous apartment boasts 2,846 interior square feet of luxurious living space and a coveted 211-square-foot terrace overlooking Central Park.
On the 38th floor of 15 Central Park West, this gorgeous apartment boasts 2,846 interior square feet of luxurious living space and a coveted 211-square-foot terrace overlooking Central Park.

10. Stockbridge Main Street at Christmas, Berkshire, Massachusetts
December 4–6
Northwestern Massachusetts is a storybook winter wonderland with its rolling hills, famously robust snowfalls, and charming New England architecture. Each Christmas, the town of Stockbridge hosts Stockbridge Main Street at Christmas, which includes a market, historic holiday home tours, a candlelit carolling walk, holiday-themed storytime for kids organized by the Stockbridge Library, a holiday concert at the First Congregational Church and, of course, lots of great food. Nearby in historic Lenox, Thistlewood, an 1880s estate, has been exquisitely restored. Grand, spacious rooms for entertaining, period woodwork and details throughout as well as multiple fireplaces make this six-bedroom home a magical winter getaway.

A luxury estate on over 12 acres just outside the center of Lenox.
A luxury estate on over 12 acres just outside the center of Lenox.

11. Great Dickens Christmas Fair, San Francisco, CA
November 21–December 20
San Francisco does its best to recreate Victorian London at the Great Dickens Christmas Fair, which occupies more than 120,000 square feet of space. Going well above and beyond the traditional arrangement of festive stalls, the Great Dickens Christmas Fair is actually held in a miniature London cityscape complete with winding streets, actors wearing period costumes, lamplit shops selling pewter wares and ornaments, and vendors selling roasted chestnuts. And with a staged performance of the Dickens holiday masterpiece, A Christmas Carol, it’s about as close to London as one can get without leaving California. And in keeping with the 19th-century spirit of the Dickens Fair, this three-bedroom Victorian “painted lady” on Pine Street has been beautifully restored and updated. Originally designed with ample space for displaying art, its spacious interior and chef’s kitchen are ideal for entertaining.

This impressive home is a modern interpretation of a classic San Francisco Victorian.
This impressive home is a modern interpretation of a classic San Francisco Victorian.

12. Canyon Road Farolito Walk, Santa Fe, NM
Christmas Eve
Santa Fe’s Canyon Road Farolito Walk offers a different twist on the historic Christmas markets of Western Europe. Inspired by the region’s Spanish heritage, this event takes place on Christmas Eve, when thousands of visitors walk along Canyon Road holding paper lanterns (“farolitos” in Spanish). Small sand-filled paper bags, illuminated with a votive candle, light the path while carolers sing. Not far from Canyon Road sits the exquisite Casa La Luna. Built in the 1920s and expanded in the 1990s, Casa La Luna is one of Santa Fe’s most striking heritage homes. With 13,400 square feet of space and six bedrooms, it is a spectacular retreat for holiday visitors who will no doubt be enchanted by Santa Fe’s luminous holiday celebrations.

 Dating back to the 1920s, this one of the oldest houses in Santa Fe which has been preserved and revitalized with a 1990s addition.
Dating back to the 1920s, this one of the oldest houses in Santa Fe which has been preserved and revitalized with a 1990s addition.

*Fuente: luxurydefined.christiesrealestate.com

 

 

10 Definitions of Luxury

From the collective insights and experiences of our expert international real estate affiliates, we have crafted a snapshot of luxury home buyer preferences in 2015. This is what luxury is today…

1 | LUXURY IS… SO MUCH MORE THAN LOCATION, LOCATION, LOCATION
Traditionally prominent addresses and prized ZIP codes are no longer the defining baseline concept for luxury homes. HNWIs are expanding the borders of traditional luxury locales, and are willing to pay a premium in emerging luxury areas if the amenities and lifestyle offerings are right. The evolution of high-end commercial real estate is also driving this phenomenon.

– “As certain areas of London become more accepted (The City, Battersea, Vauxhall, White City/Hammersmith, Earls Court, Shoreditch), we are finding domestic and international purchasers more open to areas traditionally outside their comfort zone. This is due to gentrification driven by increased residential development and improved infrastructure.”
Lulu Egerton of Strutt & Parker, London

– “After being priced out of the traditional luxury areas, younger and international affluent buyers have embraced non-traditional areas such as Kowloon Island, where new developments are offering high-quality services and amenities.”
KS Koh of Landscope-Christie’s International Real Estate, Hong Kong

2 | LUXURY IS… CONSCIOUS LIVING
Owning a home that doesn’t negatively impact the community—and one that can even bring positive meaning—is attractive to wealthy buyers. The demand for more sustainable and healthy environments has placed greater emphasis on knowing where and how products are manufactured, and has fueled a trend toward conscious living.

– “The essence of the Cayman Islands lifestyle is derived from the beauty of our water and weather, and from the alignment of sustainable architecture with the natural landscape. In the luxury market, these elements remain a priority for discerning buyers who value creative vision and thoughtful design as a way of enhancing their lifestyle.”
Jackie Doak of Provenance Properties, Grand Cayman, The Cayman Islands

– “Luxury-home buyers are looking for houses that are energy-efficient as well as environmentally conscious in construction and amenities.”
Walt Danley of Walt Danley Realty, Paradise Valley, Arizona

– “Affluent buyers are increasingly looking for close proximity to a vibrant community rich with cultural offerings and outdoor activities, as well as opportunities to volunteer and make a difference.”
Michael Saunders of Michael Saunders & Company, Sarasota, Florida

Bayfront Contemporary Home, Sarasota, Florida
Bayfront Contemporary Home, Sarasota, Florida

3 | LUXURY IS… EXPERIENTIAL
Today’s new wealthy consumers are more informed, more globally exposed, and more sophisticated than previous generations. Baby boomers in particular are now “less materialistic and more experiential,” noted Cognizent in a luxury retail trend study. And HNWIs are being led into the luxury experience by prestige brands such as Christie’s. “The worlds of high-value art, education, travel, luxury goods, and architecture are colliding,” observes Dirk Boll, European Managing Director of Christie’s. “Our focus remains on serving our clients whenever and however they choose to connect with art. Increasingly they are connecting with art in luxury sectors such as architecture and travel, where the enjoyment extends beyond ownership and into experience.” This shift toward experiential luxury is similarly reflected in the amenity and lifestyle preferences of HNW home buyers.

– “Buyers are increasingly seeking to spend money on property features that could be described as ‘experiential’, such as a meditation garden or an outdoor shower.”
Justine DeLuce of Chestnut Park Real Estate, Toronto

– “When economic imperatives aren’t driving things, there is a quest for meaning and a better life. The choice becomes: How is family life enriched by having access to amenities and lifestyle options that can be experienced every day?”
Ruth Kennedy Sudduth of LandVest, New England

– “In Pebble Beach and Carmel, buyers are looking to harness some of the perceived slower tempo and quality-of-life priorities, especially when they select a property with provenance. It is not that the former owner has to be famous, or even widely known, but rather that the home has a history, a legacy and sense of presence that the new owner can honor as they create their own memories”
Bill Mitchell of Carmel Realty Company, Carmel, California

4 | LUXURY IS… CONVENIENCE
The resurgence of urban downtown cores in many major cities and changing age dynamics are having a significant impact on the home-buying preferences of the world’s most affluent. As millennials grow up and baby boomers transition into life as empty nesters, many larger cities are witnessing a surge of affluent older buyers to urban areas. Residents of suburban areas are also increasingly seeing a preference for urban amenities.

– “Local empty nesters are opting to ‘downsize’ from large single-family homes into generously sized condo and townhome units, with many opting for developments that are within walking distance of offices, shopping, and restaurants.”
Ron Shuffield of EWM Realty International, Miami, Florida

– “We have witnessed a trend of affluent buyers, generally aged 50 and above, selling the house in the greens and moving to town.”
Michael Blaser of Wüst und Wüst, Zurich, Switzerland

– “Many baby boomers are downsizing and wanting to live near town for the convenience. They’re looking to be as close to city/urban living as the suburbs will allow.”
Barbara Cleary of Barbara Cleary’s Realty Guild, New Canaan, Connecticut

– “Lisbon’s property market has been growing, fueled by demand from clients looking for new and modern buildings in the city center.”
Rafael Ascenso of Porta da Frente, Lisbon, Portugal

Magnificent Villa, Lisboa, Portugal
Magnificent Villa, Lisboa, Portugal

5 | LUXURY IS… AGE-AGNOSTIC
Multigenerational travel (trips involving at least three generations) was dubbed the biggest trend for 2014 by a luxury travel industry report. As growth in this type of tourism increases, some prestige real estate markets, particularly those in resort destinations, are seeing increasing demand for luxury homes with spaces that have the flexibility to adapt to generational diversity and entertaining requirements.

– “Wealthy buyers are increasingly focusing on family spaces such as places for adult children or grandchildren and guesthouses for elderly parents.”
Dub Dellis of Walt Danley Associates, Paradise Valley, Arizona

– “We are seeing a trend toward the purchase of upscale apartments in luxury vertical developments that offer multi-functional spaces for flexible entertaining.”
Lucia Cavazos of Gerencia RED in Monterrey, Mexico

– “A wide array of amenities and entertainment for the entire family are increasingly a priority for affluent home buyers. This trend is especially noticeable in young families where homes with amenities for children of all ages has become a must. This has led to a rise in important new developments being built in the outskirts of Bogotá, even within Country Clubs.”
Juan Carlos Corredor Muñoz of Julio Corredor & CIA, Bogota, Colombia

6 | LUXURY IS… ULTIMATE PRIVACY
The age of the smartphone and its pervasive social-media feeds has brought with it an increasing desire for privacy, particularly for high-profile and celebrity buyers of luxury homes.

– “Eye-grabbing street views, which take out-of-town tourists by surprise and which took precedence in the days of Gregory Peck and Greta Garbo, have morphed into a preference for longer-than-ever gated drives, security systems, and being out of the public eye as much as possible. Ostentatiousness has been abandoned in favor of subdued.”
Jeff Hyland of Hilton & Hyland, Beverly Hills, California

– “A key characteristic of many of today’s highest-end listings is ultimate privacy and seclusion. Paparazzi-proof hideaways—such as Donna Karan’s ‘The Sanctuary’ with its private-island feel—are increasingly sought after by security-conscious buyers.”
Katherine Baryluk of Regency International, Turks and Caicos

The Sanctuary, Parrot Cay, Turks & Caicos Islands
The Sanctuary, Parrot Cay, Turks & Caicos Islands

7 | LUXURY IS… COLLECTIBLE
“For today’s wealthy investor, acquiring and holding collectibles is akin to building a store of treasure,” notes a report from Barclay’s Wealth Insights. Trophy real estate is the ultimate collectible treasure. Like buying a prized sports team or high-value artwork, trophy residences can ignite the passions of ultra high-net-worth individuals (UHNWI). Many developers of ultra-luxury properties have baked collectible concepts right into their plans with limited-edition structures and one-off creations by highly regarded international architects and designers.

– “South Florida developers and globally recognized star architects are creating ‘works of art’ within many of Miami’s newest condo buildings. Buyers are being drawn to purchase third, fourth, or fifth homes here in order to own a unit in one of these iconic buildings.”
Ron Shuffield of EWM Realty International, Miami, Florida

– “One-of-a-kind trophy homes are becoming the latest ‘must have’ for the world’s most affluent. Akin to owning a Warhol or a Bugatti, UHNWIs are increasingly seeking to own an architectural collectible, such as one of the 41 residences within the iconic Ten Trinity Square development by London’s River Thames. Discerning buyers see acquisitions of this kind as an opportunity to be a resident of a living piece of art and history.”
Dan Conn, CEO of Christie’s International Real Estate

Ten Trinity Square, London, England
Ten Trinity Square, London, England

8 | LUXURY IS… TURNKEY-READY
Many buyers are willing to pay a premium for the convenience of a “just bring your toothbrush” property, outfitted with top-of-the-line accoutrements that amplify a luxury lifestyle. Brokers reported an increased interest in brand-new residences, with buyers happily paying a premium for security, concierge, and other luxury amenities.

– “The year’s top sale in Beverly Hills was a $70 million ‘spec’ home, purchased with all furnishings and appointments, including an extensive collection of wines in the 2,500-bottle cellar and a fully stocked $200,000 candy wall. Tired of the line ‘just bring your toothbrush,’ the agent even provided eight OralB 3D Braun toothbrushes as part of the deal!”
Jeff Hyland of Hilton & Hyland, Beverly Hills, California

– “Many buyers are more insistent on immaculate condition of houses or apartments. They have little appetite for refurbishment or ‘a project’ and are willing to pay more to be able to move in straight away.”
Lulu Egerton of Strutt & Parker, London

– “Responding to interest from buyers, a number of new ‘turnkey’ homes came onto the market in 2014, an emerging trend in St. Barths.”
Christian Wattiau of Sibarth Real Estate, St. Barths

9 | LUXURY IS… A BLANK CANVAS
At the other end of the spectrum, some enthusiastic buyers are pushing the desire for newness to new heights. Impeded by lack of quality inventory, more and more ultra-affluent buyers wish to build their owntrophy homes from scratch.

– “One of the most interesting trends is that of purchasing a trophy property with an older home and tearing that home down. As the very best lots were some of the first developed in Jackson, we anticipate that trend to continue.”
Julie Faupel of Jackson Hole Real Estate Associates, Wyoming

– “The highest priced sale in 2014 was a $13 million estate. The property is set to be demolished and the owners will rebuild a new mega home.”
Robert Greenwood of Regency International, Turks & Caicos

– “Due to the greatly constricted inventory in our market, we’re seeing significant new and custom construction for buyers who are seeking expansive, one-of-a-kind estates.”
James Bruner of Fenton Lang Bruner & Associates, Jupiter Island, Florida

10 | LUXURY IS… UNDERSTATED
Luxury is no longer about brash displays of wealth, note many experts in our network. Instead, scaled-back, quality-over-quantity luxury will continue to be one of the key tenets behind many prestige property acquisitions.

– “Luxury buyers aim to be more discreet, less ostentatious. There is a trend toward architecture that blends into the topography of the area, not about everything being overtly expensive.”
Justine DeLuce of Chestnut Park Real Estate, Toronto

– “Quality of amenities and lifestyle offerings are becoming more important to affluent buyers than the size of a home.”
Emily Moreland of Moreland Properties, Austin, Texas

– We are witnessing a continuing shift from ostentatious displays of one’s wealth… to a more restrained expression of tasteful understatement.”
Bud Clark of Willis Allen Real Estate, La Jolla, California

Austin, Texas
Austin, Texas

Christie’s International Real Estate Hosts First-Ever Top Agents Conference in Scottsdale, Arizona

123The attendees were made up of the 140 most successful real estate professionals in the network. Criteria for participation in the conference required that each attendee be among the top 10% of sales for their Affiliate. The training sessions and seminars were led by top industry experts and senior executives of Christie’s and Christie’s International Real Estate. They included the history of art and its relation to the sale of luxury real estate; how to position a listing globally to attract buyers; ways to negotiate the sale of real estate in a global context; and how to take advantage of state-of-the-art global marketing techniques.

Fuente: Christies.com

The Dollar Knowles Estate: San Francisco, California.

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EXQUISITE ESTATE IN THE HEART OF PRESIDIO HEIGHTS

Built during the 1920s, this significant property was reinvented in later years by Michael Taylor, creator of the “California look,” and one of Architectural Digest’s “20 greatest designers of all time.” Its extraordinary light-filled public spaces offer beautiful bay view s and include a palatial living room with multiple exposures and a wrap-around balcony; a formal dining area with a spectacular fireplace and soaring beamed ceiling; and a wonderful family room with antique paper, intricate wood floors from Versailles, and French doors out to the garden and swimming pool.

Five bedroom suites include a splendid master with an enormous stone fireplace, ample closets, and French doors to a long private balcony, while a huge wood-paneled suite is ideal for an office, library, or additional guest suites.

• Five bedrooms and additional staff accommodation

• Connected underground parking for four cars

• Close to Presidio Park and Laurel Village

Fuente: christiesrealestate.com

Enrique Iglesias Unloads $6.7M Bay Point Pad with Miami Skyline Views

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By Allie Early

Spanish popstar Enrique Iglesias just sold his extra special Bay Point property for $6.7M. This custom home is perfectly positioned in a very exclusive Floridian community with views of Miami’s skyline.

Bay Point is known for it’s private setting, the Iglesias’ 6,400-square-foot estate was built in the exclusive community in 1998.

The property offers 100 feet of waterfront, tropical landscaping, five bedrooms and six bathrooms. The home is also the highest-priced listing (per-square-foot) sold in the neighborhood to-date.

Esther Percal of Christie’s International Real Estate represented Iglesias in the transaction.

enrique

bay-pointFuente: hauteresidence.com

Château de Saint Élix: Investment Oportunity

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A unique architecture

The property was acquired by Pierre Poer de la Terrasse in 1529. He was the Notary and Secretary of King Francis I. The construcon of the Castle started in 1541. Being a very wealthy man, Pierre Poer de la Terrasse had the very ambious vision to construct a replica of the great castles in the same Renaissance-style, similar to the Castle of Chambord. He charged Laurent Clary, a very famous architect from Toulouse, with the design of this project. Surrounded by a wide moat, the property was constructed using pink bricks. The main building is cubic shaped and has four towers on each corner with slate roofs on top. The sculptures as well as the original mullioned windows and the la/ce work accentuate the rich exterior decoraon. The Orangery annex of the Castle, was built later during the 18th century. The Castle Saint-Élix-has been officially classified as an Historical Monument since 1927.

A little bit of History2756560399_9631e722e2_o

The Castle was once the property of the Marquis de Montespan. This gentleman is well-known in French History for refusing to give up his wife to King Louis XIV and for defying the “Sun King” who had chosen her as his favorite. The unfortunate Montespan dedicated the rest of his life to the renovaon of the Castle with the hope of seeing his beauful love return to him…unfortunately in vain…

Visit the Castle:

Ideally situated between the magnificent city of Toulouse, the Pyrenees and the Atlanc Coast, the Castle of Saint-Élix is located
on an immense park of 8,75 acres decorated with beaufully landscaped gardens. The Castle offers an open view over the meadows and onto the beauful Pyrenees mountain range.

intThe interior surface of the Castle totals 2880m² on 5 levels:
-Ground floor:
Entrance, Living room, 3 Bedrooms,
3 Bathrooms
-First floor:
4 Bedrooms, 4 Bathrooms
-Second floor:
Living room, 3 Bedrooms, 3 Bathrooms
-Basement:
Recepon hall of 165m², kitchen of 360m²
-Ac:
Completely restored in its original style

Completely renovated with care, this exceponal property offers a unique living environment. Furnished with taste and in consideraon of the Renaissance style, the Castle of Saint-Élix reflects all the nobility and exquisite charm of France. It is a magnificent place for a quiet family holiday, but ideally suitable for weddings, recepons, seminars, hotel services… The Saint-Élix Castle is the ideal business opportunity for investors looking for something very special!

These black-and-white pictures are here to remind us of the me when the Castle Saint-Élix was parally destroyed by fire in the year 1945. It was then subjected to damages and robbery over an extended period of me. It’s aFer five years of restoraon and a
considerable personal investment from the current owner, that the Castle was restored to its original former glory.

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The Possible Projects

The domain as well as the nearby grounds can be developed into ambious projects and with considerable profitability. These projects would contribute to the economic development of the region. They can be realized in associaon with the local authories and the “Architectes des Bâments de France” to respect the nature of this protected Historic Monument.

opcionesA 5-Star Hotel-Restaurant
The Castle and the Orangery would offer an idyllic framework
for the creaon of a top-class Hotel with a 5-Star Restaurant.
A possible lay-out of this property could contain a big
recepon hall, various Suites and approximately 100 Luxury
rooms, a Spa or Wellness Center, as well as a Gourmet
Restaurant offering regional products and local Toulouse
cuisine. The profitability of this investment has been esmated
at 5,5%.

An ethical and environmentally friendly Golf:
The grounds surrounding the Castle could be developed into
a 9- or 18-holes Golf course. This project would cover 400
acres including a training area of 30 acres. The Golf would be
harmoniously connected to the gardens of the Castle
respecng its style. This project would have a posive tourisc
impact on the regional development where today’s exisng
sporng facilies deserve to be expanded.
The return on this investment should be approx.:5,65%.

A series of individual villas HEQ
Golf amateurs could benefit from perfectly integrated villas
each giving direct access to the golf course from their gardens.
In accordance with the available plots of land, there is a
possibility to construct a set of 50 to 200 villas meeng the
needs of the demanding future owners.
The esmated profitability, linked to the promoon of the
villas is expected at approximately 28%.

Access:

The Castle is located in the municipality of Saint-Élix-le-Château, at the heart of the region of Toulouse. Located on the verge of the regions of the Gascony and the Languedoc, at equal distances of Toulouse and Saint-Gaudens, this place is easily accessible by the highway A62 about 30 minutes from Toulouse. The airport of Toulouse-Blagnac (one of the five airports of this region) is at only 30 minutes by highway and serves more than 100 internaonal desnaons. The region is also connected to numerous naonal and internaonal railway links.

A typically French region:

ANDORRA_GRANDVALIRA_GRAU_ROIG_SKI_RESORT_PYRENEES_LANDSCAPE

The Castle is perfectly located in an iconic region of France symbolized by its cultural heritage and its beauful landscapes. Large open and protected areas (four remarkable natural reserves), villages of character, historical sites, vineyards and cies in the Southern colours are the ingredients of this region considered as one of the most beauful of France. You can discover the tradional gastronomy in one of the 26 regional Michelin-awarded restaurants renowned in the whole country (black truffle of the Quercy, the Roquefort,
the Cassoulet, Armagnac) With an average of 2000 hours of sunshine per year, the weather in this region is amongst the most steady and reliable and thus easily competes with the French Riviera.

Fuente: Christie’s International Real Estate (www.christiesrealestate.com)