La Zagaleta – Luxury Living

La Zagaleta
A view of La Zagaleta Estate

Sitting in a quiet, rural location just outside Benahavis on the road to Ronda you will find one of the most exclusive, luxury developments on the Costa del Sol – Club de Campo La Zagaleta.

Only a short drive from the famous Puerto Banus, La Zagaleta is one of the most sought after locations in Spain boasting a small number of large, private properties housing some of the coasts rich and famous visitors.

When you purchase a property in La Zagaleta you don’t only get privacy and luxury, you also get beautifully manicured, landscaped gardens, club houses, 24-hour security and access to two professional golf courses: La Zagaleta and Los Barrancos.

Club House and Sports

The 5,000 m2 club house provides a community space for residents and their guests to relax and enjoy some of the activities that few other developments are able to provide.

Residents can make use of meeting rooms, restaurants, bars, and a cafe. There is a swimming pool and sauna area for the parents to relax in while the children can enjoy a discotheque, billiard room and even a bowling alley. The swimming pool area also provides a barbeque and snack bar.

For the horse lovers there is a fully equipped riding club breeding Arab and Spanish horses. The club offers 23 stables and four training arenas. There is more to La Zagaleta than just luxury properties!

For tennis fans there is a choice of clay or hard-surface tennis courts to hone your skills.

Golf

If you are a golfer, then La Zagaleta has everything you could want from two professional golf courses to an on-site pro shop.

La Zagaleta

A unique 18-hole course, La Zagaleta Golf was designed by the Californian architect Bradford Benz in 1991 and opened at the end of 1993. One of the major objectives for the designer was to preserve the beauty of the natural surroundings and this has been achieved.

From the start of your round until the end you are unlikely to see anything other than nature as there are no parallel holes and the only other thing you will see is the spectacular clubhouse after the 9th and 18th holes. A round at this course is like playing on a nature reserve.

Each hole has four tee positions to allow players of all skill levels to enjoy the course. Choose the closest tee for a tranquil, relaxing round, or the furthest tee to challenge yourself and play like the professionals.

Aided by the natural slope of the valleys the path to each hole is clear to see with clear access to the greens. There are few courses that offer such peace and privacy as this, although you may have to share the fairway with a pheasant or a deer.

Los Barrancos

Opened in 2005, Los Barrancos is a par 70 course once again shaped by the landscape that surrounds it.

As you progress through your round you will pass cork trees in between which many animals have made their homes and from where they can be seen watching the golfers passing through. The course is situated on the north part of the estate and sits between mountains and valleys creating a unique course with stunning views.

On the par 3 second hole the green is separated from the trees by the Embarcadero Lake, pure mountain water, which adds another level of natural beauty to the course, as well as increasing the difficulty level.

The natural form of the landscape makes for improved bunkering rather than the stereotypical resort style with more traditional, strategically placed bunkers.

The intention to integrate this course with nature has been well realised with several holes having fresh water streams running alongside, while the entire course is surrounded by beautiful local flora. The sound of flowing water with the sounds of local animals and birds makes this one of the most relaxing courses on the coast and is well known for providing an exciting and pleasurable round of golf.

The Villas

La Zagaleta Villa
The propeties are the height of luxury and quality

No two properties are the same in La Zagaleta, although they all stick to the Andalusian style so as to blend well into the natural environment.

You have a choice when looking to make a move to this exclusive community as you can either purchase one of the few remaining plots or one of the villas that is currently under construction. Alternatively, you can choose one of their signature villas which provide “a wave of 21st century architecture that blends with the countryside.”

You could also choose from one of the many properties that already stand in the estate, all constructed to the highest standards with the highest quality materials.

The signature villas have been designed with a minimum of 8 metres between each plot to ensure privacy. This also provides space for the local wildlife to make their way around the properties thus causing them minimal disruption.

The modern design of the villas reflects the latest in contemporary architecture and fulfils the five main elements of property design – water, light, landscape, comfort and practicality.

Each of the villas is located on a large plot with sizes ranging from 3,000m² to 25,000m². Many of the villas provide up to 8 bedrooms, with similar numbers of bathrooms. Private pools are an essential in this estate as well as multi-car garages. There is nothing small in La Zagaleta!

This, unfortunately, is also true when it comes to prices. However, most of the properties are owned by the very rich and famous and if you are not in that club you are unlikely to be looking for property here. Rumour has it that Russian President Vladimir Putin owns a property in La Zagaleta, as well as Chelsea FC owner Roman Abramovich. It is also said that British Actor Hugh Grant and singer Row Stewart also own properties on the estate, so you are in good company.

If you plan to buy a villa in La Zagaleta you should expect a price of over a million euros to buy a plot and anywhere from 5 million to 25 million euros for an existing property. Remember though, for that money you get to live on one of the most exclusive estates not only in Spain but in Europe, with facilities to rival any world class hotel or country club.

La Zagaleta truly is the epitome of luxury living. For more information on the properties of La Zagaleta visit www.villaslazagaleta.com, or call us today on +34 952 907 386.

 

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Puerto Banus Continues to Attract Investment

Luxury Mall Planned Site Puerto Banus
The site is a prime location in Puerto Banus

Spanish investment firm Baraka Group have announced their plans for a “luxury goods” commercial centre to be constructed in Puerto Banus.

The group have acquired a 3,500 sq/m plot of land close to El Corte Ingles and the Cristamar shopping centre. The plot currently houses the headquarters of OHL and the sales offices for Los Granados but will be redeveloped to house some of the world’s top brands.

Baraka say they have already spoken to many luxury brands and the location of the land has attracted interest from the likes of Armani and Versace The new mall will cover an area of around 3,000 sq/m.

Including the purchase of the land, the Group estimates the total spend on the project to be around 20 million Euros creating much needed jobs for the Costa del Sol.

As a holding company the Baraka Group has various interests across Spain including investment property, rental housing, supermarkets and shopping centres. The group recently purchased the building of Peugeot, Spain, for around 6 million Euros and also acquired buildings from Alstom – a world leader in electrical infrastructure and rail transport – for around 60 million Euros.

Puerto Banus is a very small town. You can walk from one end to the other in around 10 minutes and there are already 3 large shopping centres (el Corte Ingles, Cristamar and Marina Banus) so I wonder if this is such a good idea. Saying that, the Baraka Group seem to have a pretty good success rate in site acquisition and development so I’m sure they’ve done their homework. However, you can already buy Armani, Versace and most other designers overpriced products in the current stores. Also, front-line Puerto Banus is lined with similar boutiques from the likes of Armani, Jimmy Choo and Louis Vuitton.

Why Chinese property investors choose to buy property in the UK?

UK and China has an improved trade relations. A rising number of Chinese children are now being admitted in top schools along, which is among the key factors that drive Chinese investment in properties at prime central London.

W.A. Ellis, an agency in prime central London, made a research that stated the liberalization of China’s currency, the Renminbi (RMB), has created a rising price of newly constructed residential properties in China’s first tier regions and an increasing number of Chinese high net worth personas seek offshore investments. This adds attraction to London’s real estate.

The agency’s recent research pointed out that about £3.5B was spent exclusively on UK properties made by Chinese investors in 2013. The current Chinese currency strength means that the price of buying properties as assets in London is around 8% cheaper than it was a few years back.

The research done by Hong Kong-based property firm – Centaline – on the first quarter of the year 2013 emphasized the impact of around 15% tax introduced on foreigners that invest in Hong Kong. This resulted to four-year low decrease in the sales of luxury houses to mainland Chinese investors.

Lucy Morton – a senior partner and head of lettings at W.A. Ellis has returned from a trip to Hong Kong – said that there is confidence in the real estate market in London. Investors have become frantic to buy and the liberalization of RMB has immensely helped, which is partly the responsible for widening the profile of buyers.

She also stated that around 20 years before buying London properties are exclusive to the rich. Today, there are high net worth personas, in large numbers, who are interested in investing within the capital.

She highlighted the interest of buying through exhibitions. People are interested looking at exhibitions considering that they have researched about the area where they want to buy as well as the schemes and developers of the property they are going to buy. Deposits are made ready and so they leave right after making their purchase.

Morton also pointed that South East Asian investors have purchased new luxury property developments within central London, which are usually one or two bedroom apartment. There are majority, however, that are buying just one apartment but other high net worth families can spend millions.

Apart from the ones mentioned, she also explained that there has been an increase in property portals such as Juwai.com and search engines that are in Chinese dialect such as Baidu. She added that this has helped the marked and will play a major role in the near future.

According to Morton, education has prompted this residential investment. There are children who attend private schools in London and they are in greater numbers. Mandarin is currently becoming part of the curriculum in a lot of schools. When they reach university age, a lot of students arrive and because of this their families seek private rented sectors. The steady growth of South East Asian students’ number has been seen, which also increased the rental numbers of centrally located properties.

Property Sales increase in Spain

Property Sales increase in SpainThe Spanish property market because of the rise in sales of residential properties grew by eight per cent in June 2014 compared to last year.

Sales statistics just released from the National Statistics Institute, shows that Spain has seen a year on year increase in property sales for four consecutive months, ending a ten month duration of year on year declines.

Valencia boasts the largest increase of house sales per 100 thousand people, followed closely by the Canary and Balearic Islands.

In relation to this, Madrid performs the highest, with a 30.4 per cent increase. Extremadura, with 25.7 per cent, and Navarra, at 19.3 per cent, placed at second and third.

There has been very positive movement on the Costa del Sol this year. to put it into perspective: there have been four new housing developments within the Costa in 2013 compared with none throughout the previous 3 years. Potential developers need to stay grounded, however, as thirty per cent of recent homes on the Costa are still to be sold.

An average two-bedroom apartment on the Costa del Sol can go for €196,956, while a family home comes in at €393,520.

Experts predict that Spanish property markets is likely to stabilise towards latter part of the year.

Costa del Sol leading the way for Property Recovery

A recent study has provided evidence that there has been an increase in house prices in Marbella and Manilva. Off-plan new developments seem to have reached their minimum prices and indications are now showing a rise due to foreigners.

Two areas in Spain are showing definite signs of property recovery, Costa del Sol and Costa Blanca. The study that was undertaken gathered information from 60 coastal regions of Southern Spain and demonstrated due to financial establishments lowering prices that property was now selling faster.

Its still early days in respect of the Spanish construction industry however areas in the Costa del Sol and Costa Blanca are showing very positive signs. New constructions in the Estepona and Marbella area, which have been built with the foreign market in mind are building good interest.

The general consensus is that property prices are now slowing however this is only in certain areas of Southern Spain. Prices on the Costa del Sol for example have dropped to their lowest averaging a 1.1% drop in the first quarter of 2013 and 2014.

It is thought that property sales may increase as much as 25% this year in Marbella due to demand by foreigners.

Taylor Wimpey´s New Apartments Horizon Beach La Galera

Horizon Beach La Galera EsteponaAWARD WINNING UK property developer Taylor Wimpey is launching a fresh £10 million project on the Costa del Sol this month.

The La Galera development, in Estepona, is going to consist of thirty six luxury homes and is due to be formally launched with an opening on April 30th. Taylor Wimpey has constructed over two, 500 homes in España over the last fifteen years, as well as Los Arqueros Golf, in near  Benahavis.

“Estepona is a perfect location for further investment,” stated Ignacio Oslé, regional director in Andalucia. “We want to thank Estepona town hall for their support in getting planning permission last October.”

Mini housing boom in Malaga’s ‘Golden Triangle’

LUXURY housing in Malaga’s so-called ‘Golden Triangle’ is leading the way in the resurrection of the construction industry.Mini housing boom in Malaga´s 'Golden Trianlge'

The ‘Golden Triangle’, made up of Marbella, Estepona and Benahavis, is seeing an increase in both the sales of homes and in the construction of luxury housing.

During January and February of this year, Marbella Town Hall has seen an increase of 20% in the licences for luxury homes.

So far the town hall has authorised licences for 18 new housing projects with a combined worth of over €9million.

If construction carries on at this pace, the number of projects for 2014 could be double that of last year, which ended with a total of 64 licences issued.

But Pablo Moro, the councillor in charge of town-planning in Marbella, emphasises the need for caution in analysing the data.

Continue reading “Mini housing boom in Malaga’s ‘Golden Triangle’”

New Golden Mile – Luxury location – luxury property!

New Golden Mile Property For SaleNew Golden Mile Property For Sale

“The hours go by like the passing of feelings, and from my privileged refuge I can see how the green golf courses merge with the infinite textures of the water.”

2 & 3 Bedroom Apartments For Sale on the New Golden Mile

Flamingos Tee 6 Apartments are located in the heart of Flamingos Golf Resort. They are built to the highest standard throughout using high quality materials.

  • 24 hour security
  • Underground garage/storeroom
  • A/C and under floor heating
  • Contemporary style
  • Stunning views
  • Frontline Golf
  • Spacious gardens

Los Flamingos Golf Resort is one of the most popular golf resorts on the Costa del Sol. The stunning hillside location provides amazing views of the sea, golf courses and mountains. It is situated close to Marbella and the popular Puerto Banus. This exclusive development offers more than just an apartment with access to 3 golf courses, a spa and 3 restaurants. This resort is rated 5 stars.

Visit the website now for full details and photos – www.newgoldenmileproperty.com or call +34 952 907 386 for more information.

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Preparations for La Bajadilla expansion

Puerto de la Bajadilla
Puerto de la Bajadilla

The Junta de Andalucía announced plans yesterday to accept bids for the dredging of the entrance to Marbella’s port, La Bajadilla, in preparation for the planned expansion of the marina by Sheikh Abdullah Bin Nasir Al Thani, chairman of Malaga football club.

The project, put out to tender and expected to cost around 411,000 euros, will ensure the safety of vessels accessing the marina. To do this, according to experts, there must be a minimum depth of 4.5 meters at the mouth of the harbor. The operation will require the removal of approximately 30,000 cubic meters of sand from the seabed.

“The drag caused by temporary land and sea currents can hinder access to the port,” said a spokesman for the regional government. The extracted sand will be used to regenerate some local beaches such as La Fontanilla or San Pedro district.

Companies wishing to bid for the project may do so until Jan. 16. Once the project is awarded the successful company will have three months to complete the works.

Las Lomas de Magna Marbella

The development of Las Lomas de Magna Marbella comprises 18 luxury villas in Marbella located in the prestigious urbanization Las Lomas de Marbella Club, next to the palace of King Fahd, right in the Golden Mile of Marbella.

All the villas are fully equipped with the necessary details to ensure a secure and comfortable life: whirlpool, alarm installation throughout the home, safety glass, lift, etc.

Prices start from 1,450,000€

For more information or to view one of these wonderful properties please call Marbella For Sale now on +34 952 907 386 or email us at info@marbellaforsale.com.

Visit Marbella For Sale for more property for sale in Marbella.