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Issue: 6 March 2008

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» Hotspots in the sun

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The crickets are chirruping, and you can feel the last rays of the day’s heat on your face as you watch the sun set from your villa’s terrace. The barbecue is sizzling and your pool still looks inviting, especially when this idyllic environment is all yours for renting and using as you please for less than £215,000 - for the rest of your life.

Added to that, you can enjoy your villa appreciating at around 20% a year in a confident rising market, plus strong rental demand, with sufficient earnings from the high season to cover your overheads.

(more…)

» Ski Bulgaria

Casa are offering some wonderful properties in Bulgaria as part of a new development project

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Bulgaria has one of the fastest growing tourism markets in Europe. Interest in its rich cultural heritage and spectacular natural landscapes escalated when Bulgaria joined the EU in January 2007 and there is further anticipation over its planned adoption of the euro in 2009. Easyjet recently commenced a daily service between London Gatwick and Sofia, showing the airline’s growing commitment to tourism in the country and the country’s increasing popularity with British tourists in particular.
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Bulgaria is considered to be among the best emerging markets of Eastern Europe; with profits on off-plan purchases often exceeding purchasers’ expectations. It is easy to see why the country is fast becoming one of the most popular locations for British property buyers looking to invest overseas.

In both summer and winter, tourists enjoy the best that the country has to offer – historical cities and towns, sunny coastlines and thriving ski resorts. While the coastal towns continue to attract large numbers of holidaymakers, a rapidly growing infrastructure is attracting interest from skiers and snowboarders looking for a cheaper alternative to the French resorts.

Bulgaria is fast becoming the destination of choice for skiers in Europe, and skiing in Bulgaria doesn’t get better than Bansko. Just 160 km away from Sofia, it’s considered to be the best and most popular ski resort in Bulgaria; thanks to the excellent snow records and the longest ski season, 15 December to 15 May. The growing popularity of Bansko has resulted in significant investment in infrastructure within the region, ski runs and lifts, as well as luxury hotels and holiday apartments.

The region of Bansko and Razlog promises to be a year round tourist destination, and the region is set to attract a new wave of tourists – golfers. To date, there are seven golf projects planned for this particular mountain area – the largest number of golf projects in Bulgaria. Six of the golf courses will be constructed in Razlog and the seventh is in Bansko ski resort.
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Casa Group plc is developing Razlog Golf & Ski resort – a €35 million (£25 million) project featuring 325 studio, one, two and three bed apartments with a wide range of facilities including an indoor swimming pool with outdoor lounge facilities, a children’s plunge pool and a spacentre that includes massage rooms, jacuzzi, sauna and steam room, as well as a gym. The resort also houses a gourmet restaurant, bar and shops. To ensure residents have easy access to the skiing and après ski in Bansko, there will be a complimentary shuttle service to the town centre and gondola station which will take the 1 km route along the new road which is currently being built between this area of Razlog and the town centre.

Razlog Golf & Ski was recently awarded a prestigious architecture award at the 2007 International Property Awards. The project achieved the maximum five stars from the awards jury, and won the prize for the Best Architecture (Multiple Units). The design of the resort is contemporary yet sympathetic, incorporating the best of traditional Bulgarian crafts with aspects of modern living. Utilising the existing palette of local materials, incorporating stone, wood and render, the scheme is strong in identity, original in its conception and one that is set apart with its dramatic split roof line following the contours of the site giving the development a unique character.

“Throughout the design and build process we have been determined to create a development that is architecturally interesting and fits in with the surrounding environment, as well as being a top class holiday and second home destination.” (Ferenc Ebozue, Chief Executive Officer of Casa Group plc)

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Razlog Golf & Ski is due for completion in 2009. The second phase of units went on sale in July 2007, with prices starting at €45,000 for a studio apartment.

For more information please visit:
www.razlog-golfandski.com,
email razlog-sales@casaplc.com
or phone 0207 518 1866.

» No going back

Jude Reddaway and her family upped sticks from Sussex for a new life in Provence. They found themselves freezing cold in a building in need of a total overhaul. Was it all worth it?

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What happens when a couple from Brighton uproot their youngest child and take off to live in Provence?

Well, we were to find out. Leaving family and friends behind us and moving from a city we liked or even loved on good days, we set off, after months and months of preparation, for a new life. But nothing quite went to plan…

For instance, our arrival in Provence was not a happy start. The last straw seemed to be when the rather grumpy removal man insisted on unloading all our worldly goods as soon as he arrived – at night rather than the next day as arranged. As our new home is in the countryside and the (charming but feckless) previous owner had not thought to clean the place, but had thought to remove all working light bulbs, this meant moving everything into one dark and unwholesome room by starlight and candlelight. These have since proved aheady combination over supper on a terrace, but they are, of course, less conducive to identifying and finding a safe spot for all those boxes so carefully, but in the event, pointlessly labelled ‘fragile’.
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“Two days later, snow covered the violets and Philip was flat on his back on the floor unable to move a muscle, let alone help shift all those mis-placed boxes”

The next morning, however, we woke to stunning views of the mountains lit by the March sky which was a perfect blue, and the garden was breathtakingly carpeted with violets. I lay down on the lawn with my face in the sun and said: “I don’t care, it’s all worth it, I live in Provence now and its glorious.”

Two days later, snow covered the violets and Philip was flat on his back on the floor unable to move a muscle, let alone help shift all those mis-placed boxes. And in many respects it only got worse.
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For one thing, it became so cold. We had holed up in the oldest part of the house – the beautiful chapel room where the beamed ceilings are four metres high and the ancient walls one metre thick. As no one had lived here over the previous winter, the central heating was very, very slow to rev up. It also happened to be, at the time, the only large room without a large fireplace to burn our enormous store of wood. Visitors will be pleased to know that this winter we are all cosy, with working radiators and blazing fires.

Neither did any of our planning really help us to deal with French bureaucracy. At times we were almost crawling the walls with frustration. It took us three weeks and four separate visits to downtown Carpentras to rejoin the slowest moving queue ever just to be connected to the Internet and the telephone. For this purpose, we were furnished with a rather optimistically named ‘Livebox’, a contraption that looks much more stylish than the average modem and yet tempermentally and stubbornly refuses to work for the flimsiest of excuses.

Add to this a whole succession of French specialists whistling through their teeth at the quality of the plumbing, the folly of the wiring and missing septic tanks, and you get the message. This was not an easy ride.
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So are we sorry we came? Not a bit of it. Just like the first morning, I wake to beautiful views over the surrounding orchards, vineyards and mountains. I have centuries old pine, cypress and plane trees in my garden. I live in an amazing house, an old priory, parts of which were here in 1183. From April to October we have been able to eat supper under the stars. We enjoy superb local produce such as olives, lavender, fruit and truffles, and, of course, delicious wines. And, even when the bulldozers are thundering outside preparing a new terrace or building our new swimming pool, they can’t detract from the basic tranquillity of the place. There is an air of retreat here. And to some extent we have brought Sussex with us.

Certainly we have really enjoyed welcoming all the visitors who have come to stay. We have also commissioned Sussex-based people to work for us. Kim Glass designed and illustrated our logo and stationery, Jon Malyon at Fatsand designed and manages our web site, and Brian Mander at Wayzegoose helped with the massive building project going on here as we prepare for our grand opening in the New Year. For my part, being of the opinion that historical whites go better with the ancient stone and traditional chaux (lime render) than the dark green and glossy red favoured by the previous decorator, I am importing huge quantities of paint from Brewers.
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But more than this, we wanted our home, La Madelène, to be a resource for Sussex people. Our main business is running wine holidays specialising in the wonderful local Rhone wines like Chateauneuf-du-Pape. But we are also making room on our schedule for other courses run by Sussex companies. The first will be Plum in Provence – a cookerycourse capitalising on the prestigious and sought-after black truffles found literally on our doorstep, which will be run in February by cookery writer Kim Ryan. Others courses include yoga organised by Pat Bowen and
tutored by Jason Boyce running in June and September, and ‘Grape Train in Provence’ – an informal and fun wine course with Philip and Lisa McNulty running in May and again in the autumn. Courses in painting and cycling – we live in the foothills of Mt. Ventoux – are also in the pipeline.

In this way, we hope to keep our contacts and ties with Sussex where we lived for more than 25 years. And, should we really begin to miss the old place… we can always hop on a plane, or a train, or take the car. It’s not the other side of the world – it just feels like it.

La Madeléne Rhone Wine Holidays
www.rhonewineholidays.com
Tel: 00 33 4 90 62 19 33

Plum in Provence – February 9-13 and 23-27
www.plumcateringbrighton.co.uk
Tel: 07967 305044, kim@plumcateringbrighton.co.uk

Yoga in Provence – June 25-July 1, September 17-23
www.yogainprovence.co.uk
Tel 07887 571789 patbowen@mac.com

Grapetrain in Provence – April 28-May 2, October 6-10
Tel: 07770 846113, philip_reddawy@yahoo.co.uk

» Majestic Miami

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The dramatic Chrysler Building and Empire State inspired Art Deco architecture of Capital at Brickell towers majestically over the Miami skyline. Leading the way in the renaissance of downtown Brickell, the 834 residences ranging from modest studios to awesome 10,000ft sqaure sky penthouses with 5,000ft square of terracing have a phenomenal view on the world. Floor-to-ceiling windows and private terraces look out over the tranquil waters of Biscayne Bay and across to the skyscrapers of Downtown Miami.
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The Capital at Brickell is a truly upscale project, arranged across the North (57 storeys) and South Towers (53 storeys) it boasts elite fixtures and fittings. The kitchens benefit from quartz stone worktops, imported Italian units and sleek stainless steel designer appliances.

Bathrooms include marble baths and designer frameless shower enclosures, whilst smart building technology, valet parking, 24-hour CCTV security, cable TV and high speed broadband internet access also come as standard.

Capital is about so much more than just property, it’s about living. Gourmet markets and restaurants, cafés and plush retail outlets, as well as a private lobby with 24-hour concierge form just part of the picture. A business centre with conference facilities and contemporary office space are also on hand.
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The real treat lies in the abundant leisure facilities. A hi-tech Capital Fitness Centre with
full Capital Health Spa and breathtaking 14th floor swimming pool deck with resort-style cabanas and tiki bar / grill are at residents’ disposal whilst a billiard’s room, theatre and party room complete the scene.

Brickell itself forms the heart of Miami’s financial centre and is characterized by wide tree-lined avenues, luxury hotels, leading businesses and ‘swanky’ restaurants. Bustling with young business people, Brickell is also adjacent to Miami’s port and minutes from Miami International Airport. Jump in the car and the trendy hot spots of Coconut Grove, South Beach and Coral Gables are all in easy reach. If the deal wasn’t already sealed, Capital at Brickell has some of the most attractive payment terms in real estate. A 20 per cent down payment to secure your unit will accrue seven per cent interest annually whilst awaiting completion – scheduled for 2011. With studios starting from £184,000 ($370,000), just £36,800 ($74,000) will secure your slice of Downtown Miami, leaving you to enjoy an annual gain of £2,576 ($5,180). Not even a high interest bank account can promise you that.

For further property information contact info@propertydealsflorida.com, visit www.propertydealsflorida.com or telephone 00 44 1635 255788.

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