Property News

Lisa FullerLisa FullerFebruary 9, 2018
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2min70960

Britain’s home owners are embracing TV Mirrors as a solution to saving precious space.

The state-of-the- art technology means they can now Skype, shop and watch movies on their normal TV, which then changes into a framed reflective mirror at the touch of a button.

‘We have seen a rapid rise in TV Mirror sales in the past 18 months,’ says Lara Kesterton, Managing Director of Overmantels Ltd.

‘With wall-space at a premium, customers want their homes to be full of beautiful objects rather than a big black box and lots of ugly wires,’ she says.

Researchers from Cambridge University found that, at an average of 76 sq m, the UK’s newly built homes were the smallest by floor area in Europe, so it’s not surprising British homeowners are adapting to make the most of their living space.

Lara finds that many of her customers want to conceal TVs and cabling in their homes without compromising on style or space.

Overmantels’ handcrafted mirrors with in-built TVs have solved a huge problem that many homeowners in today’s housing market face.

‘My husband’s TV was huge and took up half of our living space,’ says client Georgina Bowman, ‘now our mirror makes our sitting room so much bigger, especially when it’s off as it brings in so much light.’

‘It’s a traditional regency mirror, and has become a source of fascination as you would never know there was a TV concealed inside it,’ she says.

‘Many of our friends have now had Overmantels TV Mirrors installed in their own homes,’ she says, ‘once you’ve seen one you don’t know how you lived without it.’


Jordan KensingtonJordan KensingtonOctober 29, 2017
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The office of the future may not be based on how many floors you can manage or how much staff you can cram into one space.  The rise of  technology  has led to entrepreneurs wanting much more than your standard box stereotype when it comes to office space. There is a disruptive demand for a space where individuals can exchange ideas, network and enjoy the work/life balance that is essential to build a successful brand. With London being  the global capital of entrepreneurs and innovation. The new buzzword is ‘Disruptive workspace’ and every workplace designer’s tongue is talking about incubation, cross-pollination, symbiosis and co-working concepts that are causing even more walls to come down and hierarchies to flatten further. In today’s parlance, the corner office is no longer seen as a prize, it is seen as a burden. Introducing…LABS, the company re-defining London’s coworking revolution, has launched LABS Hogarth, it’s 27,000 square foot space in Holborn. The building is a short walk from Holborn tube station, and includes a variety of design-led, sophisticated workspaces including open plan cafeteria and bar, private offices, dedicated desks, dynamic lounge areas, fully equipped meeting rooms, and event spaces.

Bianca Bass, Head of Marketing at LABS who took us through the whole concept and the future of coworking added “In the past coworking has been associated with freelancers and entrepreneurs, LABS is redefining the way established businesses work, with tenants varying from KPMG to King’s College London, and providing our members events by companies such as Uber and many more”.

Events are a primarily vehicle used by entrepreneurs for networking and LABS takes it’s concept of events one step further.   “Members are welcome to host their very own events within the LABS spaces, everyone from Twitter to Uber have already booked LABS Hogarth to create and host their experiences”.

This is just the tip of the iceberg as LABS’ mission is to help businesses not just work, but grow, no matter what their size or industry. Behind LABS are some of the world’s most successful entrepreneurs and technology experts who are keen to share their knowledge, including the Israeli billionaire, Teddy Sagi who is the Founder of LABS.
Israeli entrepreneur Teddy Sagi lives in Tel Aviv but has strong U.K. ties to many of his assets. He founded Playtech in 1999 and sold a 12% slice of Playtech for almost $400 million in 2016; there were some further sales in 2017, as he wanted to further diversify his investments and fund his real estate and co-working interests. He now owns only 6.3% of Playtech.

Sagi is a strong believer in the future of coworking and is investing in Holborn and Camden to rejuvenate these areas, attracting a range of workers and businesses who bring innovation and entrepreneurship. He mentioned “Across the globe, the way established businesses work, and the way they want to work is changing. The coworking revolution is causing a generational shift in the way the property industry works. LABS is the future.”

Interested? 
Lounge membership starts from as little at £50 per month (+ VAT) and other options include coworking, dedicated desks and private offices. LABS is on track to reach up to 500 co-workers at Hogarth House, and has started to develop more coworking space in the Midtown area. As part of LABS’ global expansion plans, offices are soon opening in Tel Aviv and Bucharest, as well as six sites across Camden and Holborn.

Chelsea Monthly in collaboration with VooVix TV and Labs brings you a brand new TV show called #TheBusiness . Follow us : @ChelseaMonthly for new episodes each Friday and for more information on LABS . Click here


Jordan KensingtonJordan KensingtonJuly 26, 2017
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Barbados is an island in the Caribbean region of North America. Situated in the western area of the North Atlantic, it is known as the ultimate luxury destination. Simon Cowell, Philip Green (Arcadia Group) and Kate Moss all boast properties in Barbados and now the island can hold claim to the title of one of the most successful female pop stars, Rihanna. If this and many more reasons don’t tempt you enough, then let’s try Crane Resorts. Its fractional ownership offering at the Beach Houses at Culpepper is a perfect attraction for property investors. The Beach Houses are available for potential buyers to view and we were lucky enough to get a sneak peek on our most recent trip to Barbados.

The beach homes encompass 50 acres of land adjacent to a national park and provide a secluded location on the east side of the island, boasting unparalleled views of the Atlantic Ocean. Each offers a luxurious interior of pale porcelain tiles, limewood flooring and wide walls of glass to showcase the ocean views. Owners will also benefit from unlimited access to all of The Crane’s five-star facilities only a 10 minute drive away, including Zagat rated restaurants, pools, tennis courts, a gym, duty free retail shopping and a full service hotel concierge. The development provides both an exceptional holiday spot, as well as optimising financial return for its owners, offering profit from rentals and significant capital gain on resale.

In addition to the Beach Houses, The Crane  also introduced Private Residences back in 2015. When we landed at the Crane, our first call was cocktails and tapas in Bar 1887 followed by dinner later that evening at the Zen Restaurant hosted by Paul Doyle, owner and developer of The Crane and Beach Houses. Doyle is ambitious, focused and consistently looking at ways to improve what The Crane has on offer. He commented “We are delighted to announce two exciting residential developments at a time when the property market is picking up again in Barbados, which will offer our owners both optimal financial returns in terms of profit from rentals and significant capital gain on resale.  We are offering a real ‘home from home’, allowing owners of The Crane Private Residences to customise the ‘shells’ by applying their own finishing touches.  With Beach Houses, not only are we excited to create a luxurious beachside development but also an intimate residential community with a restaurant, pool, full-service spa and a grocery store.”

After dinner, we called it a night and met up the next morning (Sunday) for Gospel Breakfast at L’Azure . It was like the scene from Sister Act, just imagine Whoopi Goldberg and choir serenading you as you have some lovely Barbados style breakfast. Who said full English? There is that too. But when in Barbados it is better to indulge all the way. After a sumptuous breakfast, we took a tour of The Crane and Private Residences which also included the historic hotel (rooms dating from the 1890s). The rooms looked amazing with their original coral stone walls and mahogany floors. From ground floor residences boasting large private pools to penthouse residences with private roof decks that command sweeping coastal views, dining gazebos and pools, The Crane Private Residences are ideal for long-term living. Bright and expansive, each residence  features granite kitchen counter tops and natural stone bathrooms as well as underground parking from which residents can directly access their foyer via a private lift. Ownership at The Crane Private Residences starts from $617,000 (£472,882) to $1.3 million (£996,348).

Designed by the internal Crane Resorts architect team, the external design of Beach Houses has been consciously created around the harmony of the surrounding natural environment to blend seamlessly into the landscape.  Each offers a luxurious interior with wide walls of glass showcasing ocean views, opening out to an external dining and entertaining area.  These private patios feature infinity edge pools with hot tubs, outdoor showers, hammocks and barbecues for the ultimate luxury retreat.  Interconnecting doors and a removable lock-off across the pool of each home allow for flexibility in owning a one, two, three or four-bed property.  Fractional ownership starts from $160,000 (£122,627) for four weeks and from $1.9 million (£1.5 million) for full ownership.

The tour was followed by a hosted sunset catamaran cruise on Bolador from Bridgetown, the capital of the island. Perfect ! It was our last day on the island and to send us off in style, Mel Harding, Guest Relations Manager at The Crane took us on an island tour of the picturesque East Coast, St. Nicholas Abbey, and the West Coast. With fantastic beaches, exciting culture, tasty cuisine and amazing locals – buying a property in Barbados is certainly well worth the investment.

Crane Resorts is tempting owners to be with two exciting developments to be unveiled on the secluded east coast over the next 18 months, available to purchase either outright or with the resort’s fractional ownership scheme. Those keen to have a slice of Caribbean paradise to return to each year can choose The Crane Private Residences, a luxury gated residential community within the Crane Resort, or the Beach Houses, a development of 63 single storey studio to four bedroom beach homes overlooking the incredible natural beauty of Skeete’s Bay and Culpepper Island.

For further information on The Crane Private Residences, please visitwww.thecraneprivateresidences.com

For further information on Beach Houses, please visit beachhouses.bb


Jeff ArmstrongJeff ArmstrongAugust 18, 2016
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When we think about Mexico, we usually imagine white sand beaches, margaritas and a fun-filled vacation in the sun. But what if you are done with imagining yourself in Mexico on vacation that always ends too soon, and decide to make it your permanent reality – your home?

 

 

It is estimated that around 1 million American citizens live in Mexico, and the number keeps increasing every year. The Riviera Maya, a region on the Mexican Caribbean coast, has been especially popular among retirees and families. Each family has different reasons to move to Mexico, but those who move to the Riviera Maya, and especially Tulum, often do so to run away from their daily stress and to immerse themselves in the relaxing, easy-going atmosphere of the Caribbean. Many also choose Tulum because it offers the fastest-growing real estate market in the world.

Here is some basic advice to everyone who is planning to relocate to Mexico.

  1. Buying property in Mexico as a foreigner

There are simple procedures that all foreigners have to follow when they buy property in Mexico, especially in the coastal regions. A foreigner buying land in Mexico within 32 miles (50 km) from the coastline has to use a bank trust (fideicomiso) or establish a Mexican corporation to complete the purchase.  You can choose your bank – HSBC, Scotia bank, Banamex (Citigroup), etc – that will act as your trustee, with you maintaining full control over the trust: you will be able to lease, sell or pass the property on to your heirs. Make sure you choose a trustworthy local real estate agency that will take care of all the steps of buying your property.

  1. Becoming a resident in Mexico

If you are coming to Mexico as a tourist, you don¹t need any visa – you will simply get entry permit as a visitor at the border, usually for 180 days, with no permission to work. In order to apply for Mexican residency, you must do so before going to Mexico at the Mexican embassy or consulate.

Temporary resident visa is issued for up to 4 years, and is meant for those who wish to spend more than 180 days in Mexico per year – it¹s perfect if you own a second home in Mexico. You would need to show monthly income of at least $1,553 per person and at least $520 per month per dependent. You can also get temporary resident¹s visa by showing a bank statement with a balance of about $25,880. There is also a way to get your temporary status by proving you own property in Mexico that has the value of $207,046 or more. When temporary residence card expires, you have to either leave the country or apply for permanent residency.

If you decide you are moving to Mexico permanently, you can apply for permanent residency immediately. The process will be similar as applying for temporary status, but you will have to show higher levels of income: investments with approximate monthly balance of around $103,523 over 12 months or monthly income of $2,588 per person over 6 months.

 

  1. Cost of living

 

The cost of living in Tulum and the Riviera Maya depends strictly on your lifestyle. For example, the cost of renting a property on the beach can be a few times higher than a few blocks inland, while still being a few minutes away from the beach. Also, Tulum is full of expensive gourmet restaurants – but also has plentiful local markets that are very affordable. So it¹s completely a choice of each family how to spend their budget. Similarly, you can spend $2,000 for a fancy penthouse condo in Playa del Carmen or $500 for a lovely one-bedroom in Tulum. Utilities – not cheap in Mexico – would come down to about $300 per month, groceries would cost around $400, and a maid would come down to about $60 (once per week). Thus it¹s safe to say that $2,000 budget per couple per month would be sufficient to lead a comfortable life in Tulum

 

  1. Safety

Is Mexico safe? That¹s a thought that often crosses the mind of many would-be retirees in Mexico. Mexico, in fact, is considered to be one of the best countries for expats in the world. InterNations, which is a popular expat website, named Mexico as a top place to move to because of quality of life, ease of settling in, work opportunities, family life, personal finance and general satisfaction with life. Certainly, every foreigner in Mexico should exercise common sense and caution, as anywhere in the world. Touristy regions as the Riviera Maya are completely safe, but such violent states as Guerrero, that includes Acapulco, the once-glamorous beach town, are not recommended at all.

  1. Healthcare

Mexico offers great and affordable universal healthcare, and its private healthcare is amongst the most affordable in the Western hemisphere. Locally, there are a few smaller hospitals in Tulum and modern healthcare centers in Playa del Carmen and Cancun.

 


Jeff ArmstrongJeff ArmstrongJune 9, 2016
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With everyone consistently on a tight schedule, it’s often a challenge to plan a luxury holiday especially when you want the best money has to offer. Location is key and access to a range of destinations is happiness! Where do you find the time to get the perfect home away from home?  Introducing.. The Hideaways Club, an alternative form of foreign home ownership, which allows members to invest in, and holiday in, a collection of luxury homes in fantastic locations across the globe.

The Hideaways Club is designed for those looking to invest in a second home, but who want the flexibility of travelling to different locations, rather than being restricted to holidays in the same place every year and who don’t want the hassle of maintaining a foreign property.The properties are all hand-picked for their outstanding location and access to great holiday activities and are all worth more than £1.2 million.

Investing in the Hideaway Club makes sense and you will be good company. Tim Henman is a member of the Club. The global portfolio now consists of  Villas in France, Italy (including Sardinia), Morocco, Portugal, Spain, Turkey, Croatia, Mauritius, South Africa and South East Asia as well as Ski Chalets in France, Switzerland and Japan.

There is also a concierge service for consumer that require the additional touch. So, if you have ever considered second home ownership, but want to have the flexibility to literally pay once for the price of several home options worldwide. Then the Hideaways Club is certainly the perfect choice.

For more information. Go to: http://www.thehideawaysclub.com


Jeff ArmstrongJeff ArmstrongJanuary 25, 2014
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Dominvs Hospitality has been granted planning permission by Manchester City Council for a 306-bed hotel on Aytoun Street in Manchester City Centre.

The hotel will be developed on the derelict employment exchange in Piccadilly, between Aytoun Street and the Rochdale Canal, adjacent to the Malmaison Hotel and opposite the Hilton DoubleTree.

The site is situated within close proximity of the Manchester Piccadilly rail station and is one of the city council’s longest standing priority sites still remaining to be developed.

 

McAleer & Rushe has been nominated as main contractor on the 165,000 sq. ft. new scheme which has been designed by Urban Innovations. The new hotel will offer four-star accommodation over eight storeys including a ground floor comprising a bar, restaurants, gym and extensive conference and banqueting facilities.

“We are very much looking forward to working with our design and build team to create a stylish new hotel for Manchester on this site which occupies a prime position and complements the highly successful 250,000 sq. ft. mixed-use Piccadilly Regeneration Project” says Preet Ahluwalia, Director of Dominvs Hospitality.

Martin Magee McAleer & Rushe Construction Director said: “This site which was vacant for nearly 20 years and was in desperate need of regeneration. Work will begin on-site imminently as there already has been a lot of detailed early-stage design input which will ensure best practice and best value construction, which leads to optimum efficiency in operation thereafter.”

The Manchester project will expand Dominvs Hospitality’s future room count in excess of 1200 rooms for its operational hotels and proposed developments.


Lucy ColemanLucy ColemanOctober 16, 2013
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For the first time in a 100 years, 28 artist studios in the exclusive Bolton Conservation Area in Chelsea, London  are available for sale.

Discreetly nestled between the expansive crescents of Gilston and Redcliffe Roads, SW10, the quiet, tree-lined enclave of Bolton Studios is among one of London most prestigious residential addresses. Built in the late 19th century, the artists studios have been carefully renovated into double height, galleried, one and two bedroom apartments. The studios have been developed by the  Realstar group in collaboration with Grantham, who have overseen all design aspects of Bolton Studios in order to maximise natural light, living and storage space. Amenities include a concierge service and there are secluded communal gardens, only accessible to Boltons homeowners.

Ed Lewis, Savills head of London Residential Development Sales, who is marketing the properties says:  ‘’The Bolton Studios are a relic from Chelsea’s artistic past that are being transformed into Chelsea’s future.  Owners will be able to enjoy living in one of London’s most valuable residential areas of London in a loft style space that will be the envy of their contemporaries.”

Ryan Prince, Realstar Group, says:  “We feel fortunate and excited to bring these historic artist studios into the 21st century.  We’ve strived to create a living environment which is both contemporary and highly functional.  Although you’re only a stone’s throw from the ‘hustle and bustle’ of the Fulham Road, the gardens of Gilston Road provide an absolute sense of peace and quiet.”

Bolton Studios available from £1.265 million, available through Savills


Jeff ArmstrongJeff ArmstrongApril 26, 2013
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 A Weymouth-based Holiday Group, which includes Waterside Holiday Park & Spa, Chesil Vista Holiday Park and Osmington Holiday Park, has introduced a number of new caravan and luxury lodge models at its three parks ready for the 2013 holiday season. The new accommodation gives the opportunity for more holiday goers the chance to soak up the Dorset sun, in one of the most sought-after locations in the United Kingdom, for up to ten and a half months of the year. 

At Chesil Vista Holiday Park, the new show lodges, available for viewings from April, are designed by leading manufacturer Prestige and are state-of-the-art holiday homes. There are two models – the flagship ‘Matrix’, offering over 800sq ft. of interior space designed in a style that gives a feeling of spacious, modern loft living. The other a ‘Sky Deck’ possesses a perfect feature of a roof terrace accessed by a spiral staircase, making the most of the spectacular views. These fantastic lodges start from £189,950. Chesil Vista Holiday Park also has a range of caravan holiday homes available on site which includes the ever popular BK Sheraton, featuring double glazing, central heating, panoramic window, en-suite and walk-in-wardrobe. Prices for brand new caravan holiday homes start from £34,250 with pre-owned models also available. 

At Osmington Holiday Park, March saw the launch of two spectacular new show lodges located on its Smuggler’s View development which have already sold, plus another three new lodge bases arrive in another section of the park in the same style as Smuggler’s View. The lodges here are cedar-clad and all have more spacious than usual plots with great views, set alongside a stream. As at Chesil Vista Holiday Park, these lodges are designed by Prestige and Wessex, and are state-of-the-art. They also offer the ‘Enhance Pack’, so buyers can personally specify their requirements to suit them. These lodges start from £199,950.

Celebrating its 50th anniversary this year with the addition of an American style sports bar, two-storey soft play area and coffee shop,Waterside Holiday Park & Spa has a wide range of caravan holiday homes on show from the leading manufacturers in the industry including Willerby, Prestige, Regal, Swift and Victory.  Long considered one of the most sought after parks upon which to own a caravan holiday home, Waterside has to be seen to be fully appreciated.

All three parks are no more than five miles from Weymouth town centre and all enjoy nearby beaches, picturesque landscapes and plenty of opportunities for adventure and excitement, as well relaxing and recharging your batteries. Waterside is right on the beach at Bowleaze Cove, Chesil Vista is right next door to Chesil Beach and Osmington is a short stroll from the magnificent views from the headland.Graham Frampton, General Manager at the Waterside Holiday Group, said: “With golden beaches, picturesque countryside and pretty villages aplenty, Dorset is enough to rival the French Riviera – and at half the cost! All of the park’s locations have luxurious surroundings, and the parks are no exception with five star holiday accommodation and facilities. Now we have these fantastic new lodges and caravans available, plus great facilities and recent developments at all three parks, this is definitely going to be an exciting year for us at the Waterside Holiday Group.”Lodge and caravan owners at all three parks receive fantastic benefits, including:
·        Owner’s Loyalty Card, offering 10 per cent off on all the park’s bars, restaurants and take-aways
·        Free use of seasonal leisure facilities for owners and immediate family
·        Free membership to bars and restaurants
·        Free membership to children’s entertainment facilities and events 
·        Free bus travel for owners to and from Weymouth
·        Invitations to exclusive owner’s events
·        Freedom to visit throughout the season – 1st March to 15th January
·        Clear licence agreement
·        Manufacturer’s warranty for at least a year for every new holiday home
·        Quality check with high standards for all pre-owned models


Toni PhillipsToni PhillipsNovember 25, 2011
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The beginning of 2012 is set to see a redevelopment of one of Kensington’s most iconic buildings. The 127,000 square foot property on Kensington High Street is going to become the new home of the Design Museum.

The property was once the Commonwealth Institute. The Kensington building is being redesigned by property tycoons Elliot Bernard and Sir Stuart Lipton. The site which is aiming to become the new iconic destination within the Chelsea and Kensington area.

Bernard and Lipton acquired the site in 2007. However, due to the recent financial turmoil the project had to be postponed until next year (2012).  The pair has also received a helping hand from the Kensington and Chelsea council who have injected £2.6 million in a loan to kick start the project. The new development aims to regenerate the area by giving the unused building a new purpose and the area a high quality modern design.


Toni PhillipsToni PhillipsNovember 19, 2011
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One of the two wealthiest men in France has spent £20 Million on an 18th Century property in the heart of Chelsea. Franҫios Pinault who made his fortune through running luxury goods company PPR, bought the two bedroom property earlier this month. Pinault’s luxury empire, includes many well known brands such as Gucci, Yves Saint Laurent and sports giant Puma.

Franҫios Pinault’s new property, The West House on Glebe Place in SW3 was designed by Philip Web for the Victorian watercolour painter George Price and is one of the earliest examples of Queen Anne revival architecture. The house featured in the 1987 cult film Withnail and I, staring Richard E. Grant.

Not content with acquiring the luxury property, Penult is likely to spend a fortune decorating it. The French businessman is one of the world’s leading art collectors owning a collection of approximately two thousand pieces, including work by Damien Hurst and Jeff Koons.

 



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