Luxury Property Blog

Keep your basement and foundations dry and safe

Luxury Property — Tue, 16 Apr 2013 09:22:19 +0000

2013 - Chicago's wettest April on Record

Homes with basements and cellars can be troublesome in problematic weather, and this is especially true where older, more historic, properties are involved. Foundations shift due to natural movement of the earth, and all buildings need essential maintenance from time to time. Leaving damp cellars untended can be damaging to the building as a whole, so it pays to keep things under control at all times. Anyone who suspects their basement may be in need of attention, or that their foundations are damaged, needs to seek expert help, and as quickly as possible.

A luxury home with a billion-dollar price tag!

Luxury Property — Fri, 12 Apr 2013 08:12:47 +0000

Billion Dollar Home in the Sky - Mumbai

Let’s face it, anyone spending a cool billion US dollars or so on a luxury home anywhere, including in India, was bound to set tongues wagging across the planet. But whether the luxury house now dominating the Mumbai skyline, dubbed Antilia, after a mythical island kingdom in the Atlantic Ocean, is actually worth the reported $1 billion or $2 billion price tag – take your pick which it is – is surely open to question, not to mention criticism.

Fab Prefab: Modern and modular luxury self-build homes

Luxury Property — Tue, 09 Apr 2013 13:09:06 +0000

Zoopla.co.uk property news author Ewan Robertson is based in London and has extensive knowledge of both UK and international property markets. Here he looks at some of the most impressive self-build homes from around the world.

Ski Properties – Sotheby’s Style

Luxury Property — Thu, 21 Mar 2013 10:31:09 +0000

Canadian Ski Paradise

As the ski season opened this year, Sotheby’s launched a niche website, skipropertysir.com.
The website helps viewers locate extraordinary homes and affiliates in areas like Aspen, Whistler, and Switzerland.
See the announcement in Sotheby’s Blog

Paris-Inspired Estate Home

Luxury Property — Tue, 12 Mar 2013 10:42:06 +0000

Paris-Inspired Estate Home - Auction April 8th

Paris in the spring has such appeal.
So does this stunning Estate – coming to Auction April 8th from Williams & Williams.
The new owner will enjoy Parisian inspired architecture and ambience year round.
The home is quite spacious at nearly 8,000 square feet, yet warm & inviting.
The .65 acre lot is manageable…and pretty much defines curb appeal and outdoor living.
We highly recommend the 55 second Home Video found here at WilliamsAuction.com
As you can see from the video, this home has it all. Let us know what you think!

Hacienda Pinilla Announces Auction to Secure New Owners, Fund Foundation

Luxury Property — Fri, 16 Nov 2012 12:56:31 +0000

August 21, 2012 (KANSAS CITY, Mo.) – Agroganadera Pinilla, S.A., the owner of Hacienda Pinilla Beach Resort and Residential Community, Guanacaste, Costa Rica, announced today that it will offer qualified investors and developers a unique opportunity to participate in an auction of the Hacienda Pinilla to accelerate the realization of the vision for the project. Additionally, net proceeds from the newly invested capital will be used to permanently fund the operations and charitable work of Guanacaste Ventures U.S., Inc., and its counterpart foundation in Costa Rica, Fundación Progreso Guanacaste, each established by Mr. H.G. (“Pat”) Pattillo, majority shareholder of Agroganadera Pinilla, S.A., to continue the work of the foundations focused on education, healthcare and affordable housing for the people of Guanacaste.

A Closer Look at Gullet House, Devon

Luxury Property — Mon, 23 Jul 2012 15:02:25 +0000

Gullet House, Devon

As one of the world’s largest real estate firms, Savills has its share of exceptional properties. Established in 1855, Savills has grown to more than 200 offices and associates globally, making it one of the first choices for those seeking an exclusive home wherever they’re based. Some of the most luxurious properties on Savills’ books can be found in its Global Portfolio, which range from city-centre apartments in Monaco and New York to rustic chateaux in the vineyards of France.

Gullet House in South Pool, is a fine example of the range of properties Savills offers for sale in Devon and is a perfect example of the unique treasures one can find in the Global Portfolio. Located on a peninsula between South Pool Creek and Goodshelter Creek, this opulent Arts & Crafts offers complete waterfront seclusion amid 45 acres of magical British countryside. The 9,000 sq ft main house, inspired by the designs of Gertrude Jekyll and Sir Edwin Lutyens, is sheltered both from the public and the prevailing winds by the hillside it is built into.

It features seven bedrooms and five bathrooms, including a three-room master suite, a
kitchen, staff flat and four reception rooms. The biggest highlight for those who really like to
entertain, however, is the 3,000 sq ft Home Barn at the rear of the house, which is appointed
with a 47 ft ballroom, beamed ceiling, minstrel’s gallery and a huge open fireplace. The
formal gardens surrounding the property provide a vantage point for enjoying the waterfront
view, while a walled cutting garden at the rear also provides cover for the swimming pool.

The estate itself runs to another six cottages, two sets of farm buildings and an old creamery,
a legacy from the time Gullet House was home to a sizeable dairy herd of Ayrshire cows.
Boating enthusiasts are also indulged by a private jetty and boat house, with a leased
foreshore included with the estate. The land rises up to 260 ft above sea level in some parts,
affording some superb views of the creeks and surrounding Devon countryside.

Although properties like Gullet House are typically in a class of their own when it comes
to market forces, it is reassuring to know that Devon – and the South Hams in particular -
consistently ranks as one of the UK’s most desirable places to live. A mixture of unspoilt
countryside, a relaxed pace of life and excellent estuaries for sailing and yachting means
there will always be interest in well-appointed Devon homes like Gullet House.

Property Values and Picturesque Properties in the UK

Luxury Property — Wed, 13 Jun 2012 09:53:22 +0000

The United Kingdom has a long and rich history of luxury homes. From the countryside to the centre of London, luxurious properties are both abundant and incredible. Country estates range from historical abbeys and castles to new constructions in gentrified areas, making the UK countryside home to some of the most magnificent estates in the world.

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Luxury Property — Tue, 08 May 2012 15:45:03 +0000

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Jumbo Loans, an introduction

Luxury Property — Mon, 23 Apr 2012 17:25:39 +0000

For the most part, a jumbo loan is the same thing as a traditional loan. As the name implies, it is a larger loan than is traditionally given out. Across the country, Fannie Mae and Freddie Mac buy up the majority of residential and commercial loans issued. When the loan is too large for them to buy up, the mortgage brokers list it as a jumbo loan. As loans increase in size, the risk that is associated with them increases. Although Fannie Mae and Freddie Mac normally try to buy out loans to free up capital in the market, the added risk makes it impossible with this specific class of loans.