Buying Or Selling Property Abroad? We Can Help Via The Douglas Elliman | Knight Frank Global Connection Posted on May 25, 2023May 27, 2023 by Sarah Elles Boggs Naturally, we spend an immense amount of time obsessing over Miami and Miami Beach and all that these communities offer, but today we wanted to take a moment and recognize that there are glamorous and enriched markets all over the globe. This sentiment was brought on as I was scrolling through the happenings this weekend in the South of France. What a weekend they are prepared for! This is the closing weekend for the Cannes Film Festival 2023, where movie stars and film executives offer previews of their upcoming works and fashion designers flaunt their talent by dressing these stars for their premieres. While this is happening in Cannes, just an hour drive to the north (or a short helicopter ride away), the Monaco Grand Prix is preparing to race through what is Memorial Day Weekend in the United States. The global elite is congregated in this small area, which reminds us of the unique offering that Douglas Elliman is able to embrace through our partnership with Knight Frank Residential. Douglas Elliman Knight Frank Global Connection Offices 2023 Each year, Knight Frank and Douglas Elliman team up to bring the annual Wealth Report, which utilizes sales figures and demographic information to report where and how the global elite are investing their wealth. This is an incredibly powerful tool both for the agents of each company but also for investors who are looking to profit from sweet spots in various markets. The 2023 Wealth Reports can be found here, free of charge. While the reports are invaluable to all who utilize them, the partnership between the two real estate powerhouse companies goes a step further. There are a select few brokers who have been invited to be a part of the Douglas Elliman | Knight Frank Global Connection. We are proud to be in this group of brokers again for 2023. What this means for you is that we are able to assist you in your real estate decisions across the globe, wherever Knight Frank or Douglas Elliman has a presence. If you have aspired to own a villa in Lake Como, we are a phone call away. Using our partnership with Knight Frank, we are able to pair you up with a select power broker in Lake Como who will be able to offer the same insider service that we are able to offer in South Florida. Being a Global Connect broker also benefits our local clients. Those who list with The Light Group receive additional marketing and advertising through the Douglas Elliman | Knight Frank networks and publications, putting your property in the spotlight among the global elite. When Knight Frank brokers from abroad have a client whose interest has been piqued on the Miami area, we are among a select few local brokers who receive the phone call, particularly in the Coconut Grove and Downtown Miami/Brickell areas. It is an honor and a service that we are very proud to maintain. If you are interested in learning about real estate markets abroad, please contact Broker Michael Light. Michael is the Senior Director of Luxury Sales at Douglas Elliman Real Estate, a member of the exclusive Sports & Entertainment Division at Douglas Elliman and a Global Agent for Knight Frank Residential. You may reach Michael directly at (786) 566-1700 or michael@miamiluxuryhomes.com. Photo Credit: Julien Lanoy via Unsplash
The 2023 Douglas Elliman | Knight Frank Wealth Report Delivers Promising News For Miami Posted on February 28, 2023March 2, 2023 by Sarah Elles Boggs Knight Frank Residential, in partnership with Douglas Elliman, has released its 2023 Annual Wealth Report which includes some bright news for the Miami market. This comes as a relief since most metropolitan areas in the United States are in a season of plummeting sales and sales volume and Miami is holding strong. Here’s why. For starters, the price per meter for luxury properties is still quite affordable when compared to other major metropolitan areas around the globe. At 64 square meters per $1 million USD (689 square feet), Miami offers the most space per dollar of the major cities in the United States, adding also a favorable tax climate and continued demand for housing. To put this into perspective with $1 million USD, you could purchase a 689-square-foot residence in Miami, or if you needed to live in New York, you would only be able to purchase a residence with 355 square feet. Essentially Miami is taking away buyers from New York and Los Angeles, where residents not only pay more per square foot but also are taxed at a higher rate than in the Sunshine State. Douglas Elliman Knight Frank Wealth Report 2023 Price per Metre Another key factor of Miami’s growth is the Prime Price Forecast, which predicts which locations should see an increase over the next 12 months. Trailing only Dubai, Miami is the top city in the United States and second in the world. It is expected to see a 5% increase of value over the next 12 months, considering we do not have to contend with another major market disruptor such as COVID. Douglas Elliman Knight Frank Wealth Report 2023 Prime Price Forecast Speaking of COVID, this is the first year that we have a full data set of behavior in the post-COVID world and things have been shaken up considerably. Destination locations such as Miami area more heavily in demand due to ease of access and connectivity, with an amazing climate and lifestyle offerings. The open markets of America and lack of conflict also work in our favor when compared to Asian or many European and Middle Eastern areas where residents might be taxed more heavily and under greater political control. The 2023 Wealth Report also demonstrates the fact that Miami is officially the top US city where millionaires are buying second and third homes. In fact, residential real estate remains the top investment for HNWI (high net worth individuals). Douglas Elliman Knight Frank Wealth Report 2023 Portfolio Make Up Knight Frank Residential is the premiere international luxury real estate firm that individually operates across Europe, Asia, Africa and Australia. A partnership was formed years back between Knight Frank Residential and Douglas Elliman, the highest-grossing luxury real estate firm in the United States, that was founded in New York City in 1911. Joining forces, the two companies provide a synergy to high net worth and ultra high net worth individuals to service their property needs with 523 offices in 60 countries across 6 continents. To peruse the 2023 Douglas Elliman | Knight Frank Wealth Report in its entirety, it can be downloaded here. If you, or someone you know, are interested in purchasing luxury real estate in Miami and/or Miami Beach, please contact Broker Michael Light, Founder/Owner of the Miami Luxury Homes Group at Douglas Elliman Real Estate, Senior Director of Luxury Sales at Douglas Elliman and a member of its elite Sports & Entertainment Division. Michael has over 15 years of experience working with influential buyers from all over the world and is an expert on educating buyers on market statistics and trends. You may reach Michael directly on his cell phone at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.
What To Expect In Miami’s Luxury Real Estate Market During 2023 Posted on December 5, 2022December 12, 2022 by Sarah Elles Boggs Inflation. Interest rate hikes. Supply chain problems. Layoffs. Crypto-crash. Now that Art Basel 2022 is a wrap, these are the buzzwords that fill news stories leading up to the end of the year. What a buzz kill. But does this tell the entire story? Not according to Knight Frank, one of the globe’s largest real estate consultancy firms. Each year, Knight Frank publishes its annual Wealth Report. This consists of a breakdown of the world’s prime property markets. It goes through global wealth distribution and threats and opportunities for wealth in these top markets. The 2022 Wealth Report has listed Miami as the second fastest growing luxury real estate markets in the Americas with just over 28% growth since 2021. Knight Frank Luxury Markets Growth 2022 We make it a point to remain objective about Miami’s position in the global arena, the pros and the cons, and what needs to happen in order to ensure we remain perched at the top of the list. For 2021-2022, the growth was largely fueled by the aftermath of COVID-19 and then intensified by Florida’s tax climate paired with Miami’s collaborative business culture. Let’s be honest. If we are forced to quarantine in place and remote working is a viable option, are you going to work remotely in a snowy, dreary climate with excessive taxes, or would you rather quarantine in a sunny climate that invites breezes coming through open windows as you collaborate with others in your field without the worry of excessive taxes? The answer is clear. All of these positive attributes aligned and created a run on the luxury real estate market, throughout Greater Miami (including Coral Gables, Coconut Grove, Downtown Miami, Edgewater/Wynwood, Brickell and Miami Beach). Available inventory was snapped up at record pace and for record prices, yet the prices were still viewed as a bargain for New Yorkers who are accustomed to price tags over $5,000/square foot. In turn, the prices of luxury properties rose over 28%. Is this growth sustainable? Now that we are inching closer to 2023, the Fed has steadily raised interest rates, inflation has hit an all-time high, FTX bombed the already struggling crypto market big time and a new Presidential race is beginning to simmer in the wings. Will we crash or will we continue? It would be very easy to say that because of the crypto markets alone, Miami should prepare for a hit. Knight Frank does not share this sentiment, having ranked Miami again as the second overall market for the high-end housing market. It does predict a slowdown, but not a bust. Rather than the unheard of 28% growth, we should expect a 5 percent price growth in 2023. This may seem like a stumble, however compared to the 2 percent growth anticipated for the global luxury market as a whole and the previously forseen 2.7 percent growth for the Magic City, this really is something to celebrate and look forward to. We are moving back into a place of stability and manageable growth. As we mentioned last week, both the art world and the real estate markets are trending toward traditional, tangible choices. Kitschy digital art did not sell as well at Art Basel as it has in recent years, and the new luxury developments that are performing the best are those with a timeless, elegant feel. Examples, please. Lest we all forget the banana duct-taped to the wall that sold for over $2 million at Art Basel Miami Beach 2019. This year’s viral piece was an ATM that doubled as a leaderboard, ranking attendees by their bank account balance. It did not sell, but was an awful lot of fun and an amazing conversation piece, even if the novelty does wear off as quickly as the 2019 banana on the wall turned brown. While gallerists noted a drop in digital art sales, there was an uptick in more traditional works by artists who used more traditional media. Rather, paintings by Agnes Martin and Phillip Guston were trading for $7 million. Warhols were changing hands. The same holds true for the real estate presented. The real estate projects that fared the best were timeless. Exclusivity and privacy took a front seat to overt opulence and garish finishes. Six Fisher Island Drive was one of the standouts of this year’s fair. This is the new development that is already infamous as being so exclusive, you have to be invited to even consider purchasing. Other new projects that we are seeing perform increasingly better over recent months are those that have solid brand names such as St. Regis Sunny Isles (pictured above), Cipriani in Brickell, and Waldorf Astoria Residences in Downtown Miami. Another strong sector in luxury Miami real estate is new developments that pay homage to nature and wellness. We are very excited to see these projects come to fruition and contribute to the evolution of Miami’s always-changing skyline. If you are interested in speaking more specifically about a neighborhood, project or listing, please contact Michael Light, Broker and Executive Director of Luxury Sales at Douglas Elliman. You may reach Michael directly at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.
Knight Frank 2020 Global Wealth Report Posted on March 6, 2020April 14, 2020 by Michael Light Knight Frank Residential, the largest real estate consultancy firm in the world, in connection with its exclusive partner Douglas Elliman Real Estate, the #1 Brokerage in Manhattan and Miami Beach and top luxury firm in the U.S., released their 2020 Wealth Report, which reflects the global perspective on prime property and investment, including key wealth trends and property hotspots around the world. The Wealth Report examines investment trends covering almost 100 countries and 100+ cities, including what $1M USD buys you around the world. The Knight Frank 2020 Wealth Report gives our clients insight on what the next 12 months has in store for us based on happenings from 2019. Moreover, the multitude of global economic and political issues continue to be unresolved and have become even more complex in many countries. Nevertheless, we remain optimistic about 2020 because while there may still be challenges, there will be considerable opportunities for many as the markets continue to shift. In this year’s edition of The Wealth Report, we highlight the residential and commercial markets around the globe that offer great investment opportunities for those looking to purchase real estate. Additionally, what’s even more interesting is that this year’s investment trends are dominated by more virtuous investments than the normal “bling,” some of which include: impact investing, wellness and “ESG” which is an acronym standing for environmental, social and governance. DOWNLOAD: Knight Frank 2020 Wealth Report Key Takeaways From The 2020 Wealth Report: The global Ultra-High-Net-Worth Individuals (“UHNWI”) population is forecast to rise 27% over the next 5 years, which is an increased prediction from the year prior. However, the rapidly changing geopolitical and regulatory environment, along with the shifting societal attitudes toward wealth, will require thoughtful reassessment of what it means to be wealthy. The United States dominates the rankings with 240,575 UHNWIs, more than Europe and Asia combined, accounting for almost half the global total. Property makes up the largest proportion of investment portfolios held by UHNWIs. Equities comes in 2nd at 23%. New York and London remain the most dominant cities for UHNWIs. 80% of UHNWIs are dedicating more of their time and money to their own well-being. 78 of the 100 prime residential locations we track saw positive or flat price growth in 2019. Miami registered a 2.3% overall growth. 21% of UHNWIs are planning to buy a new home in 2020, according to a respondent’s survey. In a world of low yield, commercial real estate attracted US$333 Billion of private capital in 2019. Investors are seeking diversification opportunities while becoming highly analytical, increasingly willing to partner for scale and acutely attuned to the underlying sustainability of the assets they hold. Although our Luxury Investment Index dipped slightly in 2019, committed collectors continue to pay record prices for the most wanted asset classes. Additionally, philanthropy is arguably the ultimate passion investment and concern for the health of the planet is increasingly driving UHNWI endeavors. How many square feet/square meters can $1 Million USD buy you in the top luxury markets in the world? Below is a list of the top 20 luxury market cities worldwide broken down into square feet. Notice Miami’s location on the chart, which shows the value proposition of buying real estate in Miami instead of other top destination cities. For instance, you only get 344 square feet of space in NYC per $1 Million USD compared to 969 square feet in Miami. The value proposition for tropical Miami coupled with the fact that Miami has reinvented itself as a creative tech hub, an international cultural destination, a financial banking hub and a low tax status destination….screams….BUY REAL ESTATE IN MIAMI! Monaco: 172 sq/ft (16 sq/m) Hong Kong: 226 sq/ft (21 sq/m) London: 323 sq/ft (30 sq/m) New York: 344 sq/ft (32 sq/m) Singapore: 377 sq/ft (35 sq/m) Geneva: 409 sq/ft (38 sq/m) Los Angeles: 420 sq/ft (39 sq/m) Paris: 484 sq/ft (45 sq/m) Sydney: 538 sq/ft (50 sq/m) Shanghai: 624 sq/ft (58 sq/m) Tokyo: 700 sq/ft (65 sq/m) Beijing: 732 sq/ft (68 sq/m) Berlin: 829 sq/ft (77 sq/m) Miami: 969 sq/ft (90 sq/m) Melbourne: 1,033 sq/ft (96 sq/m) Mumbai: 1,098 sq/ft (102 sq/m) Istanbul: 1,1238 sq/ft (115 sq/m) Dubai: 1,668 sq/ft (155 sq/m) Cape Town: 1,873 sq/ft (174 sq/m) Sao Paulo: 2,174 sq/ft (202 sq/m) Relative Values of Top 100 Prime Cities Objects of Desire for 2020 Go Hand-In-Hand With the Top Sales of 2019 Below is a graph highlighting the top objects of desire in on DE | KF’s Luxury Investment Index, which shows that rare whiskey has grown in value the most over the last 10 years at +564% and increased by +5% in the past 12 months, while Hermes handbags prove their worth in the luxury market with a +13% growth in values over the past 12 months. Objects of Desire Further, future trends are generally forecasted based on the past, so it is important to note that in 2019, there were some eye-catching and surprising auction sales that took place. For instance, a 1986 stainless-steel sculpture of a rabbit by Jeff Koons broke the auction record for any work by a living artist when it was sold in May for over US$ 91 Million. Check out the infographic below to see more! Most Wanted If you are interested in learning about the local real estate market in Miami or Miami Beach, please contact Broker Michael Light. Michael is the Senior Director of Luxury Sales at Douglas Elliman Real Estate, a member of the exclusive Sports & Entertainment Division at Douglas Elliman and a Global Agent for Knight Frank Residential. You may reach Michael directly at (786) 566-1700 or michael@miamiluxuryhomes.com.
Cotton Residence in Vienna Austria | Premier International Property Spotlight Posted on August 23, 2019 by Michael Light Because of our powerful partnership with Knight Frank Residential headquartered in London, we announced in an earlier article this year that we would be showcasing a premier international property every month, this year. This month, we are showcasing the Cotton Residence in Vienna, Austria, which is a beautiful turn-of-the-century historic building that was revitalized and converted into a luxury apartment building. Built in 1878, this 6-story building offers a harmonious blend of classic and modern features throughout. Cotton Residence consists of only 25 exquisite apartments, 17 of which are classic residences and 8 are modern loft conversions, the latter of which are located on the top 2 floors of the boutique building. The apartments offer spacious floor plans with 1 to 3-bedroom layouts and range in size from 63 square meters (678 square feet) to 230 square meters (2,476 square feet). Interior features include high ceilings up to 6 meters (20 feet), solid wood entrance doors, classic-style paneling, herringbone parquet floors in oak, electronic sunshades, large walk-in closets and designer fixtures and finishes in the bathrooms. The luxury apartments and loft-style units also boast spacious balconies and terraces with beautiful stone elements and select units offer rooftop terraces up to 170 square meters (1,830 square feet). Cotton Residence not only offers exquisite living spaces, but it is located in one of the most sought-after areas in Vienna offering residents an overall luxury lifestyle. Cotton Residence is ideally located at Neutorgasse 7 Vienna 1 – Inner City in the heart of Vienna’s city center, which means you are walking distance to everything, including an array of upscale shopping, delicious restaurants, cafes, bars and much more. Cotton Residence Features & Amenities Historical 6-story building built in 1878 revitalized into a luxury apartment building Ideally located in the heart of Vienna city center, walking distance to everything 25 exquisite condos, 17 classic residences and 8 modern loft conversion residences Spacious floor plans offering 1 to 3-bedroom layouts 63 square meters (678 square feet) to 230 square meters (2,476 square feet) High ceilings up to 6 meters (20 feet) Solid wood entrance doors Classic-style paneling throughout Herringbone parquet floors in oak Electronic sunshades Designer fixtures and finishes in bathroom Large walk-in closets Oversized balconies and terraces tiled with beautiful stone elements Rooftop terraces up to 170 square meters (1,830 square feet) Secured garage parking Cotton Residence Downloads: Cotton Residence Vienna Brochure History of The Cotton Residence Building In 1878 the distinguished Austrian industrialist family ‘Salcher’ commissioned the construction of a cotton and yarn mill under the “Harlander” brand in the then thriving textile quarter at the heart of Vienna. The Harlander name hails from a district of St. Pölten where the company‘s headquarters were located. The leading architect Julius Koch was appointed. The area around Neutorgasse developed into the main textile trade district, known in Viennese dialect as the “rag quarter” (Fetzenviertel). The economic success led to substantial affluence, which was reflected in the intensive construction activity. Many stately buildings emerged; historicism and art nouveau styles influenced the cityscape. Around 1911 the Harlander cotton and yarn mill was converted into a Royal and Imperial post and telegraph office. To this day, the property at Neutorgasse 7 is one of Vienna‘s distinctive architectural works that give the city its splendor and charm. This special characteristic is maintained at the “Cotton Residence” today – both the name and the logo relate to the building‘s origins. Cotton Residence Vienna Cotton Residence Living Area Cotton Residence Living Area Cotton Residence Living Area Douglas Elliman & Knight Frank Residential | 2 Extraordinary Brands | 1 Powerful Partnership https://www.miamiluxuryhomes.com/wp-content/uploads/2018/11/DEKF-Video-for-Social.mp4 Download: Powerful Partnership | Douglas Elliman & Knight Frank Residential If you are interested in a viewing of Cotton Residence in Vienna, please contact Michael Light, a Broker with Douglas Elliman Real Estate and a Global Agent representing the exclusive partnership with Knight Frank Residential. Michael will be pleased to coordinate a private viewing of Cotton Residence in Vienna for you. You may reach Michael directly at (786) 566-1700 or michael@miamiluxuryhomes.com. To view Cotton Residence and other Knight Frank global properties, please visit: Douglas Elliman/Knight Frank Portfolio
Chalet Casse Noisette in the French Alps | Premier International Property Spotlight Posted on June 19, 2019 by Michael Light Because of our powerful partnership with Knight Frank Residential headquartered in London, we announced in an earlier article this year that we would be showcasing a premier international property every month, this year. This month, we are showcasing 2 brand-new luxury chalet homes, ‘Chalet Casse Noisette,’ situated in the Méribel ski village in the city of Moûtiers, located in the Savoie department of the Auvergne-Rhône-Alpes region of France. Currently, only 2 of the vacation homes in the Chalet Casse Noisette collection remain available for sale. Chalet 1 is a 4-bedroom, 4-bathroom home offering 177 square meters (1,905 square feet) at an asking price of €2.9 Million ($3.25 Million USD). Chalet 2 is a 6-bedroom, 6-bathroom home offering 195 square meters (2,099 square feet) at an asking price of €3.3 Million ($3.69 Million USD). Each Chalet Casse Noisette was beautifully created by the expertise of the local craftsmen offering premium construction and cozy interiors, providing a top-of-the-line luxury home. Each home features large bay windows, an open-concept living and dining area with a fireplace, a fully-equipped high-end kitchen, large bedrooms with en suite bathrooms and spacious closets, laundry room, expansive terraces/balconies with a picturesque view of the French Alps, attached parking garage and a relaxing wellness area with whirlpool spa and sauna. The chalets also offer ski in/ski out and private ski lockers with shoe dryers for the utmost convenience. Chalet Casse Noisette is ideally located within the Méribel ski village, just a few minutes from the ski runs and community facilities, with direct access to Les 3 Vallées, which is the largest ski area in the world. Chalet Casse Noisette Living Area Chalet Casse Noisette Bedroom Chalet Casse Noisette Private Spa Chalet Casse Noisette in the Summer Downloads for Chalet Casse Noisette Chalet Casse Noisette – Chalet 1 Floor Plan Chalet Casse Noisette – Chalet 2 Floor Plan Chalet Casse Noisette 3D Rendering Floor Plan Chalet Casse Noisette Private Features & Amenities Open-Concept Living and Dining Rooms Fully-Equipped High-End Kitchens En Suite Bathrooms Spacious Closets Private Wellness Areas with Whirlpool Spas and Saunas Expansive Terraces Laundry Rooms Fireplace Large Bay Windows Private Garages Ski In/Ski Out Ski Lockers with Shoe Dryers Douglas Elliman & Knight Frank Residential | 2 Extraordinary Brands | 1 Powerful Partnership https://www.miamiluxuryhomes.com/wp-content/uploads/2018/11/DEKF-Video-for-Social.mp4 Download: Powerful Partnership | Douglas Elliman & Knight Frank Residential If you are interested in a viewing of the stunning chalet homes in the Méribel ski village in the French Alps, please contact Michael Light, Broker with Douglas Elliman Real Estate, an exclusive partner of Knight Frank Residential. Michael will be pleased to coordinate a private viewing of Chalet Casse Noisette for you. You may reach Michael directly at (786) 566-1700 or michael@miamiluxuryhomes.com. To view Chalet Casse Noisette and other Knight Frank global properties, please visit: Douglas Elliman/Knight Frank Portfolio
Montalbán 11 in Madrid, Spain | Premier International Property Spotlight Posted on May 28, 2019 by Michael Light Because of our powerful partnership with Knight Frank Residential headquartered in London, we announced in an earlier article this year that we would be showcasing a premier international property every month, this year. This month, we are showcasing the triplex penthouse at Montalbán 11, which is an ultra-luxury, boutique condo building located on the doorstep of Retiro Park in the heart of Madrid, Spain, a global destination celebrated for its art, rich history, delicious restaurants and boutique shopping. Montalbán 11 is a special project because it is not an ordinary, brand-new construction development, it is a historic building that was completely and exquisitely refurbished, keeping its notable facade and adding luxurious interiors harmoniously combined with modern and contemporary art by the famous artist Carlos Cruz-Diez. Montalbán 11 offers 10 luxury apartments ranging in size from 169 to 654 square meters (1,819 to 7,040 square feet) offering 2 to 5 bedrooms, but we are focusing on the exceptional triplex penthouse, which is the only remaining unit left in the iconic building. This penthouse encompasses 3 full floors from the 6th-8th floors, including an expansive private terrace on the 7th floor, a private pool on the 8th floor and stunning views over the entire city. The penthouse offers 654 square meters (7,040 square feet) of beautiful interior space offering 4 bedrooms, 5.5 bathrooms, home automation by Bang & Olufsen, Lutron lighting throughout, a gourmet kitchen by Poliform with Gaggenau appliances, formal dining room, great room, living room and office. The new owner of this extraordinary triplex penthouse will also enjoy the grand amenities that the building offers including a health club with swimming pool, aquatic spa, steam room by Klafs and a gym by Technogym, wine cellars, automated parking and personalized concierge services. Montalbán 11’s location is second-to-none, as it is located along the Cultural Mile in one of the best neighborhoods in the entire city, El Barrio de Los Jeronimos, also known as “Little Paris” because of the area’s rich historic building facades. Additionally, living at Montalbán 11 allows you to walk out your door to a peaceful green space of Retiro Park or the Royal Botanical Garden and then on to the world-famous museums that of El Prado, Reina Sofia National Museum and Museum Thyssen. Downloads for Montalbán 11 in Madrid Montalbán 11 Brochure Montalbán 11 Floor Plans Montalbán 11 Triplex Penthouse Features 654 Square Meters (7,040 square feet) of Exquisite Interiors 4 Bedrooms, 5.5 Bathrooms Home Automation by Bang & Olufsen Lutron Lighting Gourmet Kitchen by Poliform with Gaggenau Appliances Walk-In Closets by Poliform 191 Square Meters (2,055 Square Feet) of Private Terrace Space Expansive Private Terrace on the 7th Floor Private Rooftop Terrace on the 8th Floor with Private Pool Montalbán 11 Amenities Swimming Pool Gym by Technogym Aquatic Spa Steam Room by Klafs Interior Garden Wine Cellar Personalized Concierge Services Automated Garage Montalbán 11 Living Area Montalbán 11 Kitchen Montalbán 11 Master Bedroom Montalbán 11 Master Closet Montalbán 11 Bathroom Montalbán 11 Pool Douglas Elliman & Knight Frank Residential | 2 Extraordinary Brands | 1 Powerful Partnership https://www.miamiluxuryhomes.com/wp-content/uploads/2018/11/DEKF-Video-for-Social.mp4 Download: Powerful Partnership | Douglas Elliman & Knight Frank Residential If you are interested in a viewing of the extraordinary triplex penthouse at Montalbán 11 in Madrid, Spain, please contact Michael Light, Broker with Douglas Elliman Real Estate, an exclusive partner of Knight Frank Residential. Michael will be pleased to coordinate a private viewing of Montalbán 11 for you. You may reach Michael directly at (786) 566-1700 or michael@miamiluxuryhomes.com. To view Montalbán 11 and other Knight Frank global properties, please visit: Douglas Elliman/Knight Frank Portfolio
Como Lake Resort in Italy | Premier International Property Spotlight Posted on April 16, 2019 by Michael Light Because of our powerful partnership with Knight Frank Residential headquartered in London, we announced in an earlier article this year that we would be showcasing a premier international property every month, this year. This month, we are showcasing Como Lake Resort, which is a unique residential development situated on the water’s edge of Lake Como in Northern Italy, a global hotspot that attracts celebrities and affluent people from all around the world. Como Lake Resort is a contemporary residential development offering luxury lakeside apartments featuring absolutely breathtaking views of the sparkling water of Lake Como complimented by a dramatic backdrop of beautiful mountains. Seriously, where else could you get these views? The luxury apartments at Como Lake Resort are quite spacious as they range in size from 99 to 255 square meters, which is equivalent to 1,066 to 2,745 square feet, with prices starting at €1.35 Million (US$1.5 Million). Each apartment offers beautiful wood flooring, high-quality Italian finishes throughout and a garden or terrace overlooking the lake. Below the apartments is a private boathouse that accommodates ‘dry store’ spaces for 10 boats and 4 external berths, and what is more unique about this property is that this boathouse has direct access to the residences and car parking using a central elevator. This means that residents can easily drop their car off and hop on their boat in a matter of minutes. Como Lake Resort is not just a home, it’s a lifestyle. Downloads for Como Lake Resort Como Lake Resort Brochure Como Lake Resort Floor Plans Como Lake Resort Amenities Private Beach Area Boathouse 3- Floors of Underground Parking with Car Lifts Swimming Pool Overlooking Lake Como On-Site Property Caretaker Como Lake Resort Como Lake Resort Como Lake Resort Living Room Como Lake Resort Dining Room About Lake Como in Italy Lake Como is an affluent resort area situated against the foothills of the Alps in the Lombardy region of Northern Italy, near Milan. Lake Como is surrounded by picturesque scenery as it offers crystal-clear water, beautiful mountain ridges and refined architectural design, which is why many movies have been filmed at Lake Como and many celebrities either live or vacation here regularly. Lake Como is definitely a who’s who of top global destinations. Douglas Elliman & Knight Frank Residential | 2 Extraordinary Brands | 1 Powerful Partnership https://www.miamiluxuryhomes.com/wp-content/uploads/2018/11/DEKF-Video-for-Social.mp4 Download: Powerful Partnership | Douglas Elliman & Knight Frank Residential If you are interested in a viewing of Como Lake Resort in Northern Italy, please contact Michael Light, Broker with Douglas Elliman Real Estate, an exclusive partner of Knight Frank Residential. Michael will be pleased to coordinate a private viewing of Como Lake Resort for you. You may reach Michael directly at (786) 566-1700 or michael@miamiluxuryhomes.com.