the address - no3
DESCRIPTION
Bringing you the best in luxury real estate and food & travel features from around the world.TRANSCRIPT
www.theaddress.info ��
The AddressLUXURY HOMES AND INSPIRED LIFESTYLES AROUND THE WORLD
Summer�2009 03
IN�THIS�ISSUEPiece�de�ResistanceWhy�PanamaLuxury�PropertiesBest�of�Modern�DesignBuying�Off-Plan
Best�of�SkiingKitchen�ConfidentialChocolate�SensationsConcierge�Choice�Hong�KongA�World�of�Opportunities
www.theaddress.info�2
In�response�to�the�wonderful�feedback�from�hundreds�of�readers�across�the�world�–�a�big�thank�you!�We�really�appreciate�that�you�take�time�to�tell�us�how�much�you�enjoy�the�magazine.It�is�always�very�rewarding�to�be�recognised�for�your�efforts,�and�I’m�delighted�to�say�that�this�issue�is�our�biggest�ever.��The�Address�is�totally�dedicated�to�bringing�you�the�best�in�terms�of�luxury�real�estate�across�the�world�as�well�as�property�invest-ment�and�food�and�travel�features.�Markets�rarely�stand�still.�There�are�always�opportuni-ties�in�both�upturns�and�downturns,�and�some�properties�and�markets�are�more�recession-proof�than�others.�We�are�pleased�to�feature�some�of�the�greatest�real�estate�opportunites�available�today.In�this�issue,�don’t�miss�the�Piece�de�Resistance�–�Zil�Pasyon�in�the�Seychelles.�A�creative�fusion�of�luxury,�barefoot�elegance�and�bold�modern�architecture�(page�4).�‘Best�of�Modern’�showcases�an�architectural�masterpiece�in�Madrid.�It�is�a�work�of�art�and�at�the�same�time�a�piece�of�sculpture�(page�8).�Another�truly�iconic�property�is�located�in�Ischgl,�offering�an�address�with�attitude�and�altitude!�(page��6).
And�then�there�are,�of�course�some�of�the�most�luxurious�properties�currently�available�for�sale�in�Africa,�Asia,�Caribbean,�Central��America,��Europe�and�the�Middle�East�(page��8).�Our�property�investment�stories�in�this�issue�are�‘Why�Everyone’s�Talking�about�Panama’�(page��2),�‘Buying�Properties�Off-plan’�(page�52)�and�‘Market�Insights�From�Around�the�World’�(page�76).�A�World�of�Opportunities�gives�you�the�chance�to�take�advantage�of�some�outstanding��opportunities�currently�available.�A�limited�number�of�residences�at�the�highly�desirable�Banyan�Tree�Mayakoba�has�been�released�at�special�prices�(page�68).�Also,�you�will�find�luxury�residential�developments�in�Florida,�representing�great�buying�opportunities�(page�65).Beginning�on�page�78,�you�will�find�Chocolate�Sensations,�a�celebration�of�some�of�the�most�exceptional�chocolatiers�in�the�world.��I�also�doubt�that�you�will�be�able�to�resist�the�delicious�recipes�in�our�Kitchen�Confidential�feature.�Two�very�seasoned�Chefs,�Jean�Beddington�at�Beddington,�Amsterdam�and�Geoffrey�Murray�at�Zachary’s,�Knysna�share�some�of�their�recipes�(page�54).Starting�in�this�issue�is�also�a�new�feature�called�‘Concierge�Choice’��and�first�out�is�the�Chief�Concierge�of�the�Peninsula�Hong�Kong�who�shares�her�top�tips�about�what�make�Hong�Kong�such�an�exciting�city�(page�70).We�would�as�ever�be�pleased�to�hear�from�you�with�any�thoughts�or�comments�you�may�have�at�[email protected].�
Welcome�to�the�Summer�09�issue�of�The Address.
www.theaddress.info �3
Cover�Photo:�Zil�Pasyon,�the�Seychelles
PIECE DE RESISTANCE04� Zil�Pasyon,�the�Seychelles
BEST OF ...08� Modern�design�–�Architec-
tural�masterpiece�in�Madrid�6� Skiing�–�Elevated�living�in�
Ischgl
LUXURY PROPERTIES�8� Africa22� Asia28� Caribbean�32� Central�&�South�America34� Europe48� Middle�East
ContentsSummer�2009
PROPERTY FEATURES�2� Why�everyone�is�talking�
about�Panama52� Buying�properties�off-plan76� Market�insights�from�around�
the�world
FOOD & TRAVEL54� Kitchen�Confidential� Top�chef’s�share�their��
recipes70� Concierge�Choice,�Hong�
Kong78� Chocolate�sensations�-� Meet�some�of�the�best�
chocolatiers�in�the�world
A WORLD OF OPPORTUNITIES65� Florida68� Mexico
P.S.89� Luxury�villa�for�exclusive�use
WAIT, THERE’S MORE90� Subscribe9�� Can’t�wait�to�tell�a�friend
www.theaddress.info�4
www.theaddress.info �5
Piecede
ResistanceA creative fusion of luxury, barefoot elegance and naturally modern architecture set against a backdrop of the legendary natural beauty of the Seychelles, Zil Pasyon will give 21 privileged homeowners a private island living experience, where time, space and privacy are theirs to own.
www.theaddress.info�6
Zil�Pasyon�is�a�stunning�array�of�2��designer�hilltop�residences�situated�on�Felicite�Island,�an�undeveloped�private�island�in�the�Seychelles.�Each�private�villa�will�be�uniquely�crafted�to�blend�into�its�natural�surroundings,�while�unique�design�features�such�as�swimming�pool�ceilings,�sophisticated�interactions�between�light�and�materials�and�sensational�views�will�conspire�to�redefine�concepts�of�time,�space�and�luxury.Owners�of�the�Zil�Pasyon�freehold�villas�will�have�complete�privacy�as�well�as�privileges�such�as�a�private�helicopter�landing�pad,�personal�butler�service,�dedicated�concierge�services�and�on-site�property�management.�Other�services�include�privileged�access�to�resort�amenities�which�include�a�water�sports�centre,�fine�dining,�infinity�swimming�pools�and�tennis�courts.�A�completely�unique�feature�is�the�world’s�first�Rock�Wine�Cave,�a�wine�cellar�nestled�into�a�natural�rock�façade�for�wine�tasting�sessions�and�private�degustation�dinners.�Located�off�the�east�coast�of�Africa�in�the�Indian�Ocean,�the�Seychelles�is�a�collection�of���6�islands�accessible�by�daily�direct�flights�
from�major�European,�Asian�and�African�cities.�It�is�a�year-around,�multi-faceted�destination,�featuring�a�hurricane-free�climate,�powder-white�beaches�and�unique�granite�formations.�Only�recently�available�to�foreign�property�purchasers,�Seychelles�offers�a�sophisticated�clientele�an�array�of�property�ownership�benefits,�including�tax�advantages,�national�residency,�political�and�economic�stability�and�a�safe�living�environment.�This�private�island�will�welcome�a�discerning�community�of�individuals�craving�a�rare�and�exceptional�living�experience.�There�will�also�be�an�optional�rental�program�that�lets�you�dictate�when�you�wish�to�use�your�property�and�when�you�wish�to�enter�it�into�the�program.Zil�Pasyon�offers�luxury�at�every�turn.�Whether�you’re�admiring�the�serenity�from�your�favourite�pool�side�spot,�or�being�tended�to�by�your�personal�butler,�you’ll�know�you’ve�found�paradise.�Price�from�US$3,227,647.
Available from Signature Residences Worldwide; www.signatureresidencesworldwide.com Tel: +44 (0)20 7095 8701.
www.theaddress.info �7
www.theaddress.info�8
ArchitecturalMasterpiece
in Madrid
www.theaddress.info �9
This spectacular, contemporary masterpiece is a truly unique trophy property. It comes as no surprise that art is a passion of the owner and architect of this sensational, sculptural home.
www.theaddress.info��0
www.theaddress.info ���
The�owner�of�this�modern�gem�has�set�a�new�concept�of�architecture�by�creating�a�residence�as�a�work�of�art�and�a�piece�of�sculpture.Located�in�the�exclusive�Somosaguas�area,�north-west�of�Madrid,�the�house�truly�amazes�thanks�to�its�size,�visual�impact�and�conceptual�design.�It�is�a�stratified�building�with�texturised�dark�concrete�facades,�the�interior�is�sleek�and�spacious�with�a�very�well�structured�distribution.��The�vestibule�is�extensive,�with�direct�access�to�all�floors,�acting�as�a�gallery�to�display�antiques�and�pieces�of�art�decorating�the�house.�A�massive,�vertical�glass�door,�that�is�concealed�in�the�floor,�integrates�the�living�room�with�the�large�terrace,�creating�a�seamless�outdoor/indoor�environment.�There�are�two�dining�areas�and�the�living�room�boasts�a�ceiling�height�of�5�metres.The�kitchen�with�a��2�metres�made�to�measure�Corian�worktop�as�centrepiece�is�not�only�stun-ning�but�also�very�functional.�The�great�length�of�the�worktop�allows�it�to�accommodate�a�working�area�and�storage�space�at�one�end�and�a�table�for�informal�meals�at�the�other�end.Also,�on�the�entrance�floor�is�the�master�bedroom�with�dressing�room,�bathroom,�gymnasium�and�an�indoor�covered�swimming�pool.�The�master�bedroom�has,�like�all�rooms,�views�to�the�outdoor�swimming�pool,�the�garden�and�the�lake.�The�total�living�area�is��,700m2.The�garden�level�features�guest�rooms,�the�chil-dren’s�area,�a�cinema�room�and�a�service�area.�The�large,�curved�infinity�pool�(400m2)�is�designed�in�such�a�way�that�it�appears�to�merge�with�the�lake.�The�Japanese-inspired�garden�features�an�abundance�of�large�Bonsai�trees�as�well�as�different�species�of�flowering�trees.Price:�€��million.
Available from Signature Residences Worldwide; www.signatureresidencesworldwide.com Tel: +44 (0)20 7095 8701
www.theaddress.info��2
WhyEveryone’s Talkingabout PanamaThink Panama and the first thing that comes to mind is the Central American Republic’s famous canal. Little wonder. This maritime marvel, built by the U.S. Army Corps of Engineers 94 years ago, is the motor that keeps Panama’s economy humming even as the rest of the world stumbles.
Photos�by�Alfredo�Maiquez.�All�rights�reserved�Authority�of�Tourism�of�Panama.�
www.theaddress.info ��3
Panama�is�successfully�positioning�themselves�as�the�hub�of�the�Americas�—�the�place�to�be�for�business�and�finance,�real�estate�invest-ment,�tourism�and�affordable�retirement�living.�And�the�Canal�is�playing�a�fundamental�role�as�the�key�to�prosperity.Already,�the�canal�has�transformed�tiny�Panama,�home�to�3.2�million�people,�into�an�international�business�centre�and�helped�it�achieve�the�fastest-growing�economy�in�Central�America�-�well�on�its�way�to�becoming�what�observers�are�predicting�is�‘the�next�Hong�Kong’.But�if�the�canal�is�Panama’s�heart,�its�soul�is�without�doubt�its�geography.�To�borrow�a�phrase�from�real�estate,�Panama�is�blessed�with�location,�location,�location.�
A canal — and a nation — is bornSituated�on�the�eastern�end�of�the�isthmus�forming�a�land�bridge�connecting�North�and�South�America,�Panama�is�bordered�by�Costa�Rica�to�the�northwest,�Colombia�to�the�south-east,�the�Caribbean�Sea�to�the�north�and�the�Pacific�Ocean�to�the�south.�It�is�this�strategic�location�between�the�Americas�that�prompted�the�United�States�to�help�Panama�secede�from�Colombia�in��903�(Panama�had�formed�an�alli-ance�with�Colombia�after�breaking�away�from�Spain�in��82�).�In�return,�Panama�signed�a�treaty�allowing�the�U.S.�to�build�a�canal�across�the�narrow�isthmus,�giving�U.S.�sovereignty�over�land�on�either�side,�known�as�the�Panama�Canal�Zone.After�a��0-year�building�project,�the�50-mile-long�canal�was�born�in��9�4�and,�with�it,�Panama’s�inferiority�complex�-�it�would�be�decades�before�the�country�could�shake�off�its�world�image�as�a�banana�republic�created�by�the�Americans.�Things�slowly�began�to�change�in��977,�when�an�agreement�was�signed�that�would�gradually�hand�over�control�of�the�canal�and�U.S.�military�bases�to�Panama�over�the�next�two�decades.�With�the�handover�completed�in��999,�Panama�finally�felt�truly�
independent�for�the�first�time.�It�has�never�looked�back�since.The�independent�Panama�Canal�Authority,�which�runs�the�canal�today,�has�been�applauded�for�their�efficient�operation.�And�the�operation�has�certainly�become�very�prof-itable�-�the�authority�has�more�than�doubled�the�annual�toll�income�to�$2.7�billion.�A�major�expansion�project�is�expected�to�raise�revenue�to�$6�billion�a�year�by�2025,�cash�that�will�be�pumped�back�into�the�economy�to�provide�employment�and�increased�standard�of�living.Panama’s�dollar�economy�-�a�holdover�from�its�U.S.�past�-�has�been�growing�steadily,�expanding�an�average�of�8.8�per�cent�over�the�past�five�years,�the�highest�in�Latin�America.�“Panama�is�a�very�good�place�to�do�business,”�Roger�Khafif,�the�developer�of�the�$450-million�Trump�Ocean�Club�in�Panama�City,�told�the�Cato�Institute’s�Centre�for�Global�Liberty�and�Prosperity.Optimism�remains�high,�despite�the�world�economic�crisis,�thanks�to�the�$5.25�billion�canal�expansion�project,�approved�in�a�refer-endum�by�Panamanians�in�2006.�Construction�on�a�third,�larger�set�of�locks,�which�will�allow�supersized�ships�to�transit�the�canal,�began�in�2007�and�will�have�created�thousands�of�jobs�when�completed�by�20�4,�in�time�to�celebrate�the�centennial�of�the�waterway’s�opening.�“By�the�end�of�the�year,�we�should�have�around�96�per�cent�of�the�contracts�awarded�and�working,”�Panama�Canal�Authority�President�Alberto�Aleman�Zubieta�told�Reuters�recently.�“The�expansion�is�proceeding�very�well,�very�much�in�the�time�that�we�intended.”
Building boom sets Panama apartMeanwhile,�the�Panama�Canal�Zone�is�being�transformed�into�a�showcase�for�resort�hotels,�residential�housing,�industry�and�education.�Fort�Clayton,�a�former�U.S.�Army�headquarters,�is�now�an�education-�and�technology-based�City�of�Knowledge.�And�the�former�U.S.�Howard�Air�Force�base�is�being�converted�
www.theaddress.info��4
into�one�of�the�world’s�largest�development�projects,�strategically�located�directly�across�from�Panama�City,�the�country’s�capital,�and�overlooking�both�the�Panama�Canal�and�the�Pacific�Ocean.�The�government�in�2007�awarded�a�$750-million�development�deal�to�British-based�London�&�Regional�Properties,�whose�40-year�master�plan�will�see�the�2,750-acre�Howard�base�site�-�renamed�Panama�Pacifico�-�divided�into�eight�zones�built�around�the�existing�airport.�Plans�include�a�logistics�and�ware-housing�district,�office�and�commercial�space,�25,000�homes�and�three�resort�hotels.�IBM,�Cabo�Drilling,�MEC�Repairs,�Dell�Panama,�The�Red�Cross,�Caterpillar,�Singapore�Airlines�and�3M�are�among�the�companies�to�be�included�in�Panama�Pacifico,�which�has�been�designated�a�Special�Economic�Zone.�Companies�in�the�mini-city�will�benefit�from�tax�incentives�and�labour�benefits,�ensuring�they�can�bring�in�the�skilled�workers�they�need.�“All�of�these�developments�will�be�supported�by�a�vibrant�town�centre,�alive�with�restau-rants,�shops�and�cafés,”�said�Ian�Livingstone,�
managing�director�with�London�&�Regional�Properties.�“Howard�will�provide�something�that�is�truly�unique�and�differentiated�from�Panama�City.�While�the�majority�of�develop-ment�in�the�city�is�high�density�and�high�rise,�our�vision�for�Howard�is�of�a�new�city�that�maximises�the�lush�vegetation�on�the�site�with�fantastic�sea�and�canal�views�from�parts�of�the�site�such�as�the�Southern�Hills�and�Kobbe�Hills.”Since�gaining�control�of�the�canal,�Panama�has�actively�pursued�foreign�investment�and�adopted�policies�aimed�at�liberalising�trade,�encouraging�tourism�developments�and�inviting�its�Central�American�neighbours,�along�with�North�Americans�and�Europeans,�to�move�to�its�shores�to�invest,�work�and�retire.�Observers�believe�these�measures,�along�with�a�continued�stable�government,�will�help�turn�Panama�into�the�Hong�Kong�of�the�Americas.�Many�foreign�and�domestic�high�rise�projects�are�already�under�way,�with�skyscrapers�and�construction�cranes�towering�over�Panama�City.�“We�are�unique,”�lawyer�Ebrahim�Asvat�told�Time.�“We�are�not�like�other�Central�American�countries.”
Photos�by�Alfredo�Maiquez.�All�rights�reserved�Authority�of�Tourism�of�Panama.�
www.theaddress.info ��5
Diversification pays offIndeed,�Panama’s�prized�geographic�location�means�that�its�economy,�unlike�that�of�its�neighbours�in�the�region,�need�not�rely�on�low-paying�jobs.�In�Panama,�services�account�for�more�than�two-thirds�of�all�economic�activity,�while�in�other�Latin�American�econo-mies,�manufacturing�and�agriculture�represent�two-fifths,�or�more,�of�GDP.�Among�Panama’s�mature�service�industries�are�the�canal,�the�Colon�Free�Trade�Zone�-�the�largest�in�the�Western�Hemisphere�-�and�banking,�all�joining�with�the�burgeoning�cruise�lines,�logistics�and�technology�sectors.�In�another�diversifica-tion�move,�Panama�is�also�positioning�itself�as�one�of�the�energy�hubs�of�the�Americas.�The�government�has�signed�an�agreement�with�U.S.�energy�giant�Occidental�Petroleum�Corp.�to�develop�a�$7-billion�oil�refinery�near�Panama’s�border�with�Costa�Rica,�and�is�consid-ering�a�$40-billion�proposal�by�a�consortium�of�private�companies�with�plans�to�build�refin-eries,�petrochemical�plants�and�an�oil�pipeline�
that�would�follow�the�route�of�Panama’s�canal.
Politically,�Panama�also�stands�out.�Panama’s�government�is�considered�by�government�analysts�to�be�the�most�stable�government�in�all�of�Central�or�South�America.�
In�early�May�this�year,�Panamanians�voting�in�presidential�elections�signalled�their�country�will�continue�to�be�open�for�business,�electing�conservative�supermarket�magnate�Ricardo�Martinelli,�57,�in�a�landslide.��Observers�view�Martinelli’s�election�as�good�news�for�Panama’s�economy�and�foreign�investors.�“Martinelli�is�even�more�market�friendly�than�the�ruling�party,�which�has�been�very�good�for�the�economy,”�Kathryn�Rooney,�a�Latin�America�analyst�with�Miami-based�Bulltick�Securities�Corp.,�told�Bloomberg�News.
Want to know more?A�free�copy�of�the�full�report�can�be�requested�on�www.ilre.com�
Photos�by�Alfredo�Maiquez.�All�rights�reserved�Authority�of�Tourism�of�Panama.�
www.theaddress.info��6
SkiingBest of
www.theaddress.info ��7
Altitude with attitude - for a privileged fewNestled into a pristine Tyrolean alpine paradise, Schooren des Alpes in Ischgl defines a new era in ultra luxury holiday homes.
As�Ischgl�is�like�no�other�ski�resort�in�the�world,�Schooren�des�Alpes�residences�are�like�no�other�lifestyle�residences�in�Europe.�Combining�striking�modern�architecture,�cutting�edge�interior�design�and�pure�luxury�amenities�along�with�nature’s�beauty,�Schooren�des�Alpes�delivers�a�new�ultra�luxury�standard�that�makes�this�exclusive�lifestyle�property�outstanding.�Multiple�fireplaces�in�every�suite,�stone�and�hardwood�floors,�breathtaking�glass�walls,�private�wine�cellars�and�private�storage�are�only�a�few�of�the�bespoke�amenities.�Owners�benefit�from�an�array�of�luxury�amenities�such�as�a�330m2�wellness�area;�hammam,�sauna,�indoor�and�outdoor�swimming�pools,�massage�and�solarium,�lounge�and�bar�area.�
Another�service,�exclusively�for�the�residents,�is�access�to�shared�4WDs�and�Quads.�Owners�have�also�access�to�management�services�including�concierge�services,�cleaning,�mainte-nance,�chef�on�demand,�chauffeur�service�and�other�5-star�luxury�hotel�services.This�is�“Elevated�Living”�at�an�address�with�an�attitude�that�elevates�holiday�lifestyle�to�year-round�indulgence.�Only�six�prestigious�residences�are�available�for�sale.�Price�on�application.
Available from Signature Residences Worldwide: www.signatureresidencesworldwide.com Tel: +44 (0)20 7095 8701.
www.theaddress.info��8
Luxury in a truly spectacular settingExceptional villa estate with sensational views of the Atlas MountainsTucked�away�among�the�olive�groves�25�km�outside�Marrakech,�this�vast�residence�is�a�Moroccan�dream�in�a�magical�setting.�The�6�hectares�(�5�acres)�of�landscaped�grounds�include�open�lawns,�a�huge�bamboo�alleyway,�majestic�palm�trees,�a�rose�garden,�an�orchard�with�approximately��00�fruit�trees,�an�orange�grove,�a�kitchen�garden,�50�old�olive�trees�and�
eucalyptus�hedges.�The�estate�boasts�a�360�degree�panoramic�view�dominated�by�the�snow-capped�Atlas�Mountains.�The�residence�combines�a�contemporary�villa�of�965m²�with�a�traditional�Kasbah�of�867m²,�making�it�a�very�individual�property.�In�addi-tion,�there�are�two�pavilions�of�224m²�along�with�patios�of�600m².
AfricaLuxury
www.theaddress.info ��9
The�contemporary�villa�features�a�vast�living�room�with�fireplace,�indoor�pool,�an�enor-mous�dining�room,�a�generous�kitchen,�a�huge�master�bedroom,�office,�a�gym�and�two�terraces.�The�Kasbah�features�a�dining�room�with�fireplace,�kitchen,�lounge�with�fireplace,�a�massive�patio�and�four�bedroom�suites.�There�are�eight�bedrooms�in�total.
There�is�also�a�heated�infinity�pool�(�5�x�7m)�with�a�200m²�pool�house�fully�equipped�with�hammam�and�sun�deck.��This�is�a�place�unlike�any�other.�Price:�€3,399,000
Available from Signature Residences Worldwide: www.signatureresidencesworldwide.com Tel: +44 (0)20 7095 8701.
www.theaddress.info�20
Le�Palais,�located�in�Marrakech,�would�be�the�perfect�setting�for�a�modern�version�of�‘Arabian�nights’.�Truly�extraordinary,�Le�Palais�is�not�one,�but�four�palaces�and�ten�villas�set�in�40,000m2�manicured�Balinese-inspired�gardens�with�Rajasthan�style�architecture�and�cascading�water�features.With�no�similar�properties�available�on�the�market,�it�presents�an�unparalleled�opportu-nity�for�a�discerning�private�buyer�to�acquire�a�remarkable�residence.�Alternatively,�it�can�be�turned�it�into�a�fully�operational�world-class�hotel.�With�no�personal�adornments,�the�25-room�hotel�could�be�fully�customised�and�operational�within�six�months.�Le�Palais�offers�a�whole�range�of�amenities�including�a�boutique,�chic�lounge,�restau-rant,�Spa,�recording�studio,�pool,�terrace�bar,�conference�room,�fully�equipped�gym,�and�an�amazing��3�pools.Designed�by�world-renowned�architect�Imaad�Rahmouni�with�no�limitation�on�imagination�and�exclusivity,�the�palace�is�set�to�captivate�and�astound.Le�Palais�is�on�the�market�at�€30�million.��
Available from Signature Residences Worldwide: www.signatureresidencesworldwide.com Tel: +44 (0)20 7095 8701.
Royal living
www.theaddress.info �2�
www.theaddress.info�22
AsiaLuxury
www.theaddress.info �23
Undeniably stylishBaan Yamu, Phuket, is a beautiful and secluded residential community on the prestigious Cape Yamu on the east coast of Phuket. Created�by�the�same�team�that�developed�the�stylish�and�much�talked�about�Twinpalms�Hotel�in�Phuket,�Baan�Yamu�has�become�one�of�the�most�sought�after�addresses�on�the�island.�The�first�phase�has�already�been�completed�with�the�second�phase�on�schedule�to�be�completed�this�summer.The�residences,�a�mix�of�penthouses,�town-houses�and�luxury�villas,�blend�perfectly�in�with�the�surrounding�environment�while�at�the�same�time�offering�panoramic�and�breathtaking�sea�views�across�beautiful�Sapam�Bay.The�design�of�the�residences�combines�stylish�elegance�with�integration�of�outside�and�inside�living�spaces.�While�the�architec-ture�is�contemporary,�natural�local�materials�have�been�used�to�integrate�elements�of�Thai�culture.�The�pier�on�the�beach,�50�metres�away�from�Baan�Yamu�residences,�offers�direct�boat�access�to�Phang�Nga’s�dramatic�seascape�to�the�north,�and�a�string�of�breathtaking�islands�stretching�south.�Marinas,�golf�courses,�shopping�centres,�schools�and�inter-national�standard�hospitals�are�a�short�drive�away.Residence�owners�can�enjoy�a�wide�range�of�facilities�including�a�swimming�pool,�fitness�centre,�clubhouse�and�restaurant.�Managed�by�Twinpalms�Management,�a�well-known�management�team�noted�for�their�5-star�service,�an�optional�rental�and�management�program�is�available.Price�from�THB��,900,000
Available from International Luxury Real Estate, www.ilre.com, tel +44 20 7095 8701.
www.theaddress.info�24
Following�the�great�success�and�complete�sell�out�of�the�26�luxury�villas�at�Andara�Resort�in�Phuket,�phase�III�is�being�launched�to�meet�the�ever�increasing�demand�from�clients�looking�to�invest.�Living�up�to�Andara’s�renowned�reputation,�this�latest�phase�of�exclusive�lifestyle�living�offers�37�luxury�apartments�and�penthouses�
featuring�breathtaking�views�over�the�Andaman�Sea.�Dramatic�design�elements�such�as�private�pools�provide�seclusion�while�a�feeling�of�openness�is�still�retained.�The�inte-riors�blend�with�the�natural�outdoor�environ-ment�and�stunning�scenery.In�addition�to�elegant�homes,�Andara�Residences�offers�owners�5-star�hotel�services�
Your own private paradise in PhuketSuperior quality and superb location is a concept that often goes hand in hand with success and Andara Resort in Phuket is a perfect example.
www.theaddress.info �25
integrated�with�rental�management,�concierge�services,�40�metre�ocean�view�swimming�pool,�Spa,�fine�Asian�dining,�exclusive�beach�club�and�more.�Residence�owners�also�have�access�to�the�resort’s�very�own�private�super�yachts.The�developer,�the�Paradise�Group,�is�a�leader�in�exclusive�boutique-style�property�devel-opment,�and�is�headed�by�Dr.�Allan�Zeman,�a�successful�Hong�Kong�entrepreneur�and�
creator�of�Hong�Kong’s�well-known�Lan�Kwai�Fong�entertainment�district.Andara�Resort�Residences�is�the�ultimate�holiday�escape�and�sage�investment.Price�from�THB�27,200,000
Available from International Luxury Real Estate, www.ilre.com, tel +44 20 7095 8701.
www.theaddress.info�26
A world of luxury and beauty in GoaIn�the�middle�of�one�of�the�most�exotic�places�in�the�world�you�will�find�Infiniti�Bay,�a�small�upmarket�development�that�is�currently�being�built.�Goa,�on�India’s�west�coast,�offers�stun-ning�views,�some�of�the�best�beaches�in�the�world�and�a�vibrant�cosmopolitan�community.�Add�the�world�of�luxury�and�beauty�that�is�on�offer�at�Infiniti�Bay�and�you�have�a�very�tempting�offer�that�is�hard�to�refuse.�Consisting�of�only�23�luxury�villas�and�20�exclusive�duplex�apartments�located�near�the�breathtakingly�beautiful�Bogmalo�Beach,�Infiniti�Bay�boasts�luxury�homes�built�in�contemporary�style.�Each�villa�will�be�fitted�with�two�swimming�pools,�while�the�apart-ments�will�have�a�private�plunge�pool.�Each�luxury�residence�comes�fully-furnished�and�is�equipped�with�exclusive�entertainment�systems�such�as�42”�LCD�TV;�DVD�/�Home�
Theatre;�Bose�Audio�System;�Indoor�and�Outdoor�speakers.In�addition,�you�will�as�an�owner�have�access�to�a�host�of�world-class�amenities�such�as�an�exclusive�yacht.�The�42�ft�Princess�Yacht�will�come�with�crew�and�be�available�for�residence�owners�up�to�five�days�at�a�nominal�charge.�Other�services�and�facilities�include�Spa,�gym,�concierge�and�housekeeping�services.The�developer�of�Infiniti�Bay�has�so�far�constructed�and�delivered��0�million�sq.�ft�of�real�estate�properties�to�happy�customers�all�over�the�world�so�there�is�a�solid�track�record.�Price�from�INR��8.2�million��(approx.�GBP245,��5)
Available from International Luxury Real Estate, www.ilre.com, tel +44 20 7095 8701.
www.theaddress.info �27
www.theaddress.info�28
Las�Canas�Beach�Resort�is�a�luxury�develop-ment�situated�on�the�Dominican�Republic’s�north�coast.�Located�along�a�white�sand�beach,��the�resort�is�bordered�by�lush,�tropical�forest�of�coconut�palms,�mahogany,�cedar,�wild�olive�and�musk�wood�trees.�Exquisite�thatched�water�bungalows�are�positioned�just�offshore�and�beautiful�villas�lie�along�the�riverside�and�beach�front,�enjoying�the�stunning�panoramas�offered�by�this�idyllic�location.�Apart�from�being�located�on�one�of�the�most�breathtaking�stretches�of�beach�on�the�whole�island,�Las�Canas�Beach�Resort�will�boast�many�impressive�facilities.A�main�feature�is�the�signature�golf�course,�designed�by�a�golfing�legend,��interspersed�with�villas�overlooking�the�greens�and�fairways�to�the�magnificent�landscape�beyond.Other�facilities�include�a�sports�academy�offering�expert�baseball,�cricket,�football,�rugby�
and�tennis�coaching;�fitness�centre;�Spa;�several�bars�and�restaurants�including�Trader�Vic’s;�the�diving�&�watersports�centre�offering�PADI�tuition;�a�kid’s�club�and�a�teen�club.
Located�just�20�minutes�from�the�Gregorio�Luperon�International�Airport�at�Puerto�Plata,�Las�Canas�Beach�Resort�offers�an�unbeatable�lifestyle�along�with�a�hassle�free�investment.
Buyers�of�the�freehold,�fully�furnished�resi-dences�are�offered��0%�rental�guarantee�for�2�years�followed�by�50%�net�room�share,�30�days�free�use�per�year,�no�capital�gains�tax,�no�buying�tax,�no�inheritance�tax.�The�developer�will�also�assist�buyers�in�obtaining�finance.�
All�in�all,�this�is�one�of�the�finest�investment�opportunities�in�the�whole�of�the�Caribbean.
Prices�from�£�00,000�to�£�,050,000
Available from International Luxury Real Estate, www.ilre.com, tel +44 20 7095 8701.
Beautiful Dominican RepublicImagine a place of spectacular natural beauty with mountainous peaks, verdant valleys and breathtaking palm-fringed beaches. Add an average temperature of 28ºC / 82ºF, more than 300 sun-filled days every year and warm, clear, turquoise seas. The place is Dominican Republic and Las Canas Beach Resort is the place to enjoy your own piece of paradise.
Caribbean Luxury
www.theaddress.info �29
www.theaddress.info�30
www.theaddress.info �3�
Enjoy a luxury Caribbean lifestyle and let the developer pay your mortgage for lifeThe stunning residences at Bacolet Bay combined with a unique finance package offers purchasers an excellent investment and lifestyle opportunity. The�finance�package�for�Bacolet�Bay�is�very�attractive�with�a�leaseback�programme�covering�your�mortgage�costs�while�still�giving�you�a�month�free�usage�every�year.�This�means�that�after�20�years,�you�will�own�a��00�per�cent�of�your�property�but�it�will�have�only�cost�you�30�per�cent�of�the�purchase�price�as�the�devel-oper�has�made�repayments�of�70�per�cent.Grenada,�one�of�the�least�developed�islands�in�the�Caribbean�was�cited�as�one�of�the�top�ten�property�markets�to�watch�for�in�Citigroup’s�Annual�Wealth�Report�2008.�Located�in�the�region�of�St.�David’s�on�the�south�coast�of�Grenada,�Bacolet�Bay’s�stunning�location�is�one�of�the�most�superb�on�the�island.�It�is�ideally�located�for�many�of�Grenada’s�attractions�whilst�also�being�in�a�prime�location�for�privacy�and�for�taking�in�some�of�the�most�spectacular�sea�and�rainforest�views�in�the�world.The�island�is�unspoilt�and�there�is�a�shortage�of�high-quality�property�with�demand�signifi-cantly�outstripping�supply.�The�World�Travel�&�Tourism�Council�has�predicted�tourism�growth�of�2.8�per�cent�per�year�between�2008�and�20�7,�reaching�annual�tourist�arrivals�of�over�600,000�by�20�7.�In�addition�to�Bacolet�Bay,�a�new�high�end�marina�from�Camper�&�Nicholson�and�a�Four�Seasons�hotel�are�in�the�planning�stage.
Bacolet�Bay’s�luxury�apartments�and�private�villas�are�tiered�into�the�hillside�to�ensure�scenic�mountain�and�breathtaking�sea�views.�Every�luxury�residence�has�a�private�pool�and�with�only�5�properties�per�acre�(�2�per�cent�build�density),�privacy�is�guaranteed.�
This�world�class�resort�features�a�200�metre�white�sand�beach�and�secluded�bay�along�with�outstanding�hotel�facilities.�In�addition�to�a�multitude�of�sporting�and�leisure�facilities,�Bacolet�Bay�will�feature�a�holistic�Spa�created�by�the�renowned�designers�of�the�Armani�Spa�in�Tokyo,�Dubai�and�Milan.�This�5-star�resort�features�a�beach�front�wedding�chapel,�kids’�club,�creche�and�baby-sitting�facilities,�a�private�sheltered�jetty�and�what�promise�to�be�some�of�the�island’s�best�restaurants.�The�development�will�be�managed�by�one�of�the�world’s�most�innovative�luxury�resort�operators.
Bacolet�Bay�Resort�&�Spa�was�awarded�the�Best�Development�Award�at�the�2007�International�Property�Awards�as�well�as�the�2007�Caribbean�Property�Award,�Best�Spa�Development�of�the�Year.
Building�work�is�currently�under�way�and�with�prices�more�than�50�per�cent�below�market�comparables,�this�is�a�one-of-a-kind�opportunity.
Price�from�US$580,000.
Available from International Luxury Real Estate, www.ilre.com, tel +44 20 7095 8701.
www.theaddress.info�32
Destined to become a world-class landmark and an architectural iconPanama City, one of the hottest destinations in the world is where you will also find one of the hottest addresses - Trump Ocean Club in the exclusive Punta Pacifica area.
CentralLuxury
America
www.theaddress.info �33
It�is�easy�to�understand�why�the�location�of�Trump�Ocean�Club�in�Panama�City�is�so�desir-able�-�the�financial�centre�is�only�a�few�blocks�away,�it�is�three�minutes�away�from�the�city’s�most�exclusive�shopping�centres�and�only��5�minutes�away�from�the�International�Tocumen�Airport.The�striking�US$400�million�development�is�the�largest�real�estate�investment�in�Latin�America.�A�total�of�2.8�million�sq.�ft.�gives�its�residents�the�opportunity�to�live,�work�and�play,�all�under�the�same�roof.�The�70-storey�building�boasts�luxury�condo-minium�residences�and�hotel�condominiums,�ranging�from�studios�to�one,�two�and�three�bedrooms�residences.�In�addition,�there�are�two��4,000�sq.ft.�penthouses�available�with�interiors�that�will�be�designed�in�co-operation�with�each�owner.As�a�property�of�this�magnitude�and�luxury�require,�Trump�Ocean�Club�has�all�the�ameni-ties�you�could�possibly�ask�for;�wellness�Spa,�oversized�infinity�pool�&�deck,�yacht�club�and�an�electrifying�on-site�45,000�sq.ft.�Trump�International�Casino.�There�will�also�be�upscale�boutiques�and�shops�and�a�host�of�gourmet�dining�experiences.�And�of�course,�a�state-of-the-art�business�centre.�Should�you�want�to�escape�the�buzz�of�the�city,�simply�request�the�Trump�yacht�to�take�you�to�the�Private�Beach�Club�on�Contadora�Island�which�is�accessible�to�all�residents.�Construction�is�well�under�way�and�all�funds�to�fully�complete�Trump�Ocean�Club�are�secured�and�under�the�control�of�the�trustees.�The�development�is�scheduled�to�be�completed�second�half�of�20�0.Trump�Ocean�Club�will�redefine�the�standard�for�luxury�living�in�Latin�America.Price�from�US$443,000
Available from International Luxury Real Estate, www.ilre.com, tel +44 20 7095 8701.
www.theaddress.info�34
Luxury Homes - Winery - Art De VivreChâteau Les Carrasses in Languedoc in the south of France is an exceptional 19th century wine domaine. Currently being care-fully converted into 28 luxury residences, buyers will be able to enjoy the authenticity of owning a historic building on a domaine that has produced wine since 1886.With�its�rolling�hills,�charming�villages,�arresting�vineyards,�close�proximity�to�the�Canal�du�Midi�and�easy�trips�to�the�neigh-bouring�towns,�owning�in�Chateau�Les�Carrasses�makes�for�a�quintessential�and�magical�French�experience.��Beziers,�Pezenas,�Montpellier,�Carcassonne,�Toulouse,�Narbonne,�Perpignan�and�Nimes�are�all�within�easy�reach.�And�to�cross�the�border�to�Spain�to�explore�Girona�and�Barcelona�is�just�as�easy.There�will�be�only�28�luxury�residences�in�total;�all�designed�by�the�renowned�architect�Francois�Thoulouze.�Using�the�traditional�stone�facades,�exposed�beams�and�other�original�features�of�the�old�buildings�traditionally�found�on�an�important�Domaine�such�as�the�Château,�the�Winery,�the�Winemaker’s�house�
and�Grape�picker’s�lodgings,�no�two�of�the�French�luxury�vineyard�villas,�townhouses�and�apartments�are�alike.�Add�the�stunning�views�and�the�end�result�will�be�homes�of�unique�style�and�refinement.The�interior�design�will�take�its�cues�from�both�the�aristocratic�and�agricultural�heritage�of�the�Estate.�Period�features�will�integrate�seamlessly�with�natural�material�and�high-spec�kitchen,�luxurious�bedrooms�with�en-suite�bathrooms�and�superb�fixtures�and�fittings�throughout.At�its�centre�will�be�the�refurbished�winery�producing�quality�boutique�wines,�with�all�founding�owners�sharing�in�the�annual�yield�-�estimated�at�40�-�50�cases�per�year.With�a�host�of�great�facilities�and�a�full�suite�of�management�and�letting�services�for�hassle-free�ownership,�Château�Les�Carrasses�offers�a�unique�opportunity�to�experience�the�authentic�‘Art�de�Vivre’�for�which�the�Mediterranean�South�of�France�is�so�renowned.Prices�from�€220,500�to�€689,950.
Available from International Luxury Real Estate, www.ilre.com, tel +44 20 7095 8701.
EuropeLuxury
www.theaddress.info �35
www.theaddress.info�36
Sophisticated�and�glamorous,�the�French�Riviera�is�keeping�its�allure�and�this�villa�represents�classic�luxury�Riviera�living.�Boasting�an�imposing�location�with�a�360�degree�sea�view,�the�south-facing�villa�is�truly�a�gem.�The�villa�offers�a�heavenly�atmosphere�with�a�big�entrance�hall,�living�room,�dining�room,�kitchen�and�4�bedrooms.The�villa�benefits�from�a�lovely�tropical�garden�with�heated�swimming�pool�and�pool�house�with�summer�kitchen�and�shower�room.�The�basement�comprises�wine�cellar,�media�room�and�a�laundry�room.�In�addition,�there�are�also�a�45m²�guest�flat�and�a��garage�for�4-5�cars.Price:�€5.9�million
Available from Signature Residences Worldwide, www.signatureresidencesworldwide.com Tel: +44 (0)20 7095 8701.
French Riviera glamour with breathtaking views of Golfe St Tropez
www.theaddress.info �37
www.theaddress.info�38
For the first time in 40 years it is possible to invest in a luxury ski residence in Avoriaz, France - one of the largest ski areas in the world
This new build development heralds the start of a new era of luxury mountain living with modern alpine interiors, larger living spaces, balconies and Spa facilities.Property�in�the�French�Alps�continues�to�appeal�to�both�investors�and�lifestyle�buyers�but�historically,�the�Alps�have�had�a�real�shortage�of�property�for�sale.�The�French�Alps�is�one�of�the�most�unique�property�markets�in�Europe;�not�only�are�buyers�in�the�Alps�able�to�enjoy�a�fantastic�ski�and�summer�season�in�their�property,�the�Alps�are�also�amongst�some�of�the�most�environ-mentally�protected�regions�in�Europe.�Planning�restrictions�are�strict�and�land�to�build�on�is�extremely�limited.�This�combination�of�limited�supply�and�increasing�demand�has�driven�
strong�capital�growth�across�the�region.�This�is�why�Avoriaz�MGM�Amara,�the�first�newly�built�development�for�40�years,�has�attracted�a�massive�interest.�Avoriaz�MGM�Amara�offers�the�opportunity�to�own�a�fantastic�south�facing�ski-in-ski-out�luxury�apartment�with�superb�views�of�the�Morzine�valley�on�a�freehold�leaseback�basis.The�company�behind�the�development�is�Europe’s�market�leader�with�42�years�of�experi-ence�in�the�development�and�management�of�tourist�accommodation.�This�means�you�can�
www.theaddress.info �39
own�a�luxury�ski�apartment�with�none�of�the�hassles�as�the�management�company�takes�care�of�letting�and�management.�You�will�also�receive�guaranteed�rental�income�on�your�property�irrespective�of�whether�your�property�is�rented�out�or�not.�A�variety�of�very�competitive�mortgages�are�readily�available,�including�99�per�cent�mort-gages�as�well�as�interest�only�options.Avoriaz�benefits�from�a�privileged�location�at�an�altitude�of��,800m�and�it�has�the�highest�average�snowfall�in�France�at�resort�level.�It�is�the�closest�ski�resort�to�Geneva,�and�skiers�can�
make�use�of�650�km�of�slopes,�including�the�famous�‘Swiss�Wall’�ski�run,�connecting�France�with�Switzerland.�Avoriaz�is�the�perfect�resort�for�easy�ski�in�ski�out�facilities�and�with�all�the�amenities�you�could�need.�The�summers�in�Avoriaz�are�an�added�bonus�with�first�class�facilities�and�plenty�to�do.�One-,�two-,�three-�and�four-bedroom�apart-ments�are�available,�starting�at�€267,000�and�rising�to�around�€974,000�excluding�VAT.�
Available from International Luxury Real Estate, www.ilre.com, tel +44 20 7095 8701.
www.theaddress.info�40
Quiet�location,�minimalist�design,�sensational�sea�views.�And�lots�of�space.�This�exceptional�villa�breathes�purity�and�sophistication.High�above�the�rocks�of�Na�Xamena�on�the�north-eastern�coast�of�Ibiza�is�this�absolutely�exceptional�house.�Boasting�730m2�of�living�space�on�two�levels�and�comprises�of�7�bedrooms�with�bathrooms,�2�independent�lounges�and�a�dining�room,�the�villa�is�very�spacious.�And�the�ultra-modern�kitchen�is�a�dream.Add��a�swimming�pool�(�4�x�7m),�several�terraces,�gym,�air-condi-tioning�and�a�garage�for�six�cars�and�it�is�hard�to�find�anything�that�is� missing.� Located� on� a� 2,�00m²� plot,� with� panoramic� views,� this�luxury�home�represents�a�true�limited�edition�living�opportunity.Price:�€6�million
Available from Signature Residences Worldwide, www.signatureresidencesworldwide.com, Tel: +44 (0)20 7095 8701.
Exceptional minimalist designer villa
www.theaddress.info �4�
www.theaddress.info�42
Effortlessly stylish, contemporary villa with stunning sea views
www.theaddress.info �43
The�property�market�in�Mallorca�has�been�booming�in�recent�years�and�is�one�of�the�healthiest�in�Europe.�With�strict�building�regu-lations�in�force�to�prevent�over-development�and�a�buoyant�holiday�rental�market�on�the�island,�it�is�anticipated�that�prices�will�continue�to�rise.�Consequently,�luxury�properties�such�as�this�contemporary�villa�in�Mallorca�are�considered�to�be�an�excellent�investment�in�addition�to�the�priceless�quality�of�life�enjoyed�by�the�residents�of�this�Mediterranean�island.��Located�on�a�breathtaking�cove�on�the�north�coast�of�Mallorca,�the�villa�offers�a�luxury�escape�in�a�stunning�Mediterranean�landscape.�Big�windows�and�wonderful�terraces�boast�sensational�sea�views.�The�house�is�surrounded�
by�numerous�pine�trees,�ensuring�a�high�degree�of�privacy.A�large�living�and�dining�room�with�open�plan�kitchen�opens�out�to�a�huge�terrace,�the�perfect�place�for�alfresco�dining.�The�villa�offers�three�bedrooms�with�three�bathrooms.In�addition,�the�villa�also�boasts�a�one�bedroom�guest�apartment�with�an�open�space�for�dining,�kitchen�and�sitting�room.�The�guest�apartment�has�an�independent�entrance,�and�has�no�connection�to�the�main�house�although�it�is�part�of�the�building.�Price:�€2.5�million
Available from Signature Residences Worldwide, www.signatureresidencesworldwide.com Tel: +44 (0)20 7095 8701.
www.theaddress.info�44
Luxury on a grand scale in exclusive La Moraleja, MadridMagnificent and unique. An outstanding, luxurious family home situated in La Moraleja, Madrid, is providing elegant and spacious accommodation – perfect for today’s family lifestyle and entertaining.
www.theaddress.info �45
La�Moraleja�is�the�Madrileño�version�of�Beverly�Hills,�a�tranquil�and�spacious�oasis�of�luxury�villas�with�private�gardens.�Its�residents�include�the�internationally�rich�and�famous,�from�the�Beckhams�to�film�stars,�impresarios,�politicians�and�top�company�directors.�This�villa�boasts�a�magnificent�galleried�recep-tion�hall�with�impressive�volume.�All�floors�can�be�reached�from�here,�either�by�the�suspended�staircase�or�the�lift.��The�villa�features�a�living�room�with�large�windows,�a�dining�room,�a�massive,�high-tech�modern�kitchen�and�breakfast�room.�The�stun-ning�master�bedroom�comprises�a�reading�and�TV�area,�main�bedroom,�dressing�room,�a�spectacular�Spa�bath�and�shower�room.
There�are�three�further�bedrooms,�a�music�and�TV�room�and�a�study.The�villa�offers�approx.�,�00m²�of�living�space,�built�on�two�floors�plus�an�attic�and�a�base-ment.�The�basement�is�housing�a�full�gymna-sium,�a�Spa�with�sauna�and�Turkish�bath.�The�house�also�features�a�generous�service�area�and�a�large�garage.The�elegant�landscaping�complements�this�impressive�villa.Price:�€9�million
Available from Signature Residences Worldwide www.signatureresidencesworldwide.com Tel: +44 (0)20 7095 8701.
www.theaddress.info�46
Zen calm, stylish contemporary design and outstanding natural beauty
The Douro Valley in northern Portugal is renowned for its outstanding natural beauty. In the heart of this UNESCO World Heritage site and located between the river and vineyards, where wine has been produced for nearly 2000 years, you will find Aquapura Hotel, Villas & Spa.
Seventeen�luxury�villa�apartments,�available�for�sale�on�fractional�and�full�ownership�basis,�have�been�created�on�the�grounds�of�the�award-winning�boutique�hotel�-�an�original��9th�century�manor�house,�which�was�formerly�home�to�the�Vale�Abrao�farm,�a�renowned�port�wine�producer.�Villas�da�Vinha�are�surrounded�by�vineyards�and�offer�a�traditional�design.�These�luxury�villas�have�their�own�gardens,�share�three�swimming�pools,�and�are�closest�to�the�main�hotel�building.�The�contemporary�designed�Villas�do�Douro�are�situated�on�the�Douro�river�bank�over-looking�the�river.�The�villas�enjoy�private�
www.theaddress.info �47
terraces,�decked�roof�terraces�and�plunge�pools.�As�an�owner�of�a�villa,�you�have�access�to�all�the�facilities�of�the�50-room�hotel,�including�the�2,200m2�Spa,�gym,�library,�outdoor�heated�swimming�pool,�tennis�court,�restaurants�and�wine�tasting�room.�Aquapura�Douro�Valley�is�one�of�only�two�hotels�in�Portugal�credited�in�the�Tatler�Travel�Guide�‘�0��Best�Hotels�in�the�World�for�2009’.�The�hotel�is�also�a�member�of�Small�Luxury�Hotels�of�the�World.Connoisseurs�have�many�reasons�to�explore�the�surrounding�region�known�for�its�culture,�gastronomy,�winery,�tradition�and�breathtak-ingly�beautiful�landscape.
Although�the�resort�feels�divinely�secluded,�it�is�just�70�minutes�drive�from�Oporto�International�Airport�and��5�minutes�drive�from�the�Vila�Real�regional�airport.�Prices�in�the�Douro�Valley�are�about�25�per�cent�behind�Oporto�and�increasing�at�a�healthy�rate.�The�region�has�been�named�by�market�analysts�as�one�of�the�top�ten�prime�areas�to�watch�for�price�growth.Prices�start�at�€435,000�for�full�ownership,�and�€��2,500�for�fractional�ownership�(¼�fraction�with��3�weeks�usage).
Available from International Luxury Real Estate, www.ilre.com, tel +44 20 7095 8701.
www.theaddress.info�48
Nurai, hailed by Newsweek as ‘the most luxurious project in the world’.
Leading�real�estate�and�development�experts�have�expressed�strong�confidence�in�the�continued�growth�of�the�Abu�Dhabi�property�sector,�based�on�stable�and�genuine�market�demand�rather�than�speculation.�And�as�sophisticated�property�investors�know,�ultra�exclusive�properties�such�as�the�villas�on�Nurai�Island�hold�their�premium�value�well�even�in�market�downturns.Nurai’s�intrinsic�value�as�a�property�investment,�lies�in�its�spectacular�location�and�proximity�to�Abu�Dhabi.�Travel�to�and�from�Nurai�is�easy,�it�will�take�barely�5�minutes�by�boat�from�the�exclusive�Nurai�terminal�lounge�on�the�planned�Saadiyat�Island�marina�and�5�minutes�by�helicopter�from�the�international�airport.�Add�complete�privacy�while�still�having�access�to�all�facilities�of�the�neighbouring�boutique�hotel.�Restaurants,�multiple�lounges,�a�cigar�bar,�a�private�helipad,�a�large�marina�that�
MiddleLuxury
East
www.theaddress.info �49
can�accommodate�super�yachts�with�arrivals�lounge,�and�a�Spa�and�fitness�centre�will�all�be�only�a�few�minutes�away.Buyers�will�also�appreciate�Nurai’s�sensational�design�and�the�spacious�villa�estates�boasting�up�to��2,275�sq.�ft.�of�living�space.�Derived�from�the�Arabic�word�“nour”�meaning�light,�Nurai�is�surrounded�by�turquoise�waters�and�pristine�sandy�beaches.�Being�the�Emirates’�most�sought-after�island,�Nurai�offers�timeless�luxury�for�its�residents.�No�detail�has�been�overlooked.�Each�luxury�residence�boasts�impressive�features�such�as�generous�plots�of�land,�sea�views,�infinity�swimming�pool,�concealed�service�quarters�and�outdoor�showers.�And�not�least�important,�the�residences�will�offer�absolute�privacy.The�5�and�6�bedroom�homes�offer�palatial�living�space,�with�each�sitting�on�huge�land�
plots�-�making�them�the�largest�private�beach-front�villas�in�the�UAE.If�you�prefer�living�on�water,�the�water�villas�offer�luxury�living�of�the�highest�quality.�The�striking�design�and�the�azure�waters�of�the�ocean�compete�with�an�infinity�pool,�roof�top�terrace�and�3�bedrooms.As�a�resident�on�Nurai,�you�will�have�your�own�piece�of�real�estate�paradise�only�minutes�from�Abu�Dhabi,�while�being�able�to�take�advantage�of�world�class�services�and�amenities.Construction�is�well�under�way�and�the�first�beach�front�estate�has�just�been�completed.Price�on�application.
Available from Signature Residences Worldwide, www.signatureresidencesworldwide.com Tel: +44 (0)20 7095 8701.
www.theaddress.info�50
A whole new water-front cityAl� Madina� A’Zarqa,� 60� minutes� from� Muscat,�Oman,�is�far�from�an�ordinary�real�estate�deve-lopment;�a�whole�new�city� is�being�designed�and� built� to� include� all� the� elements� needed�for�a�thriving�metropolitan�community.�When�complete,�Al�Madina�A’Zarqa�will�be�home�to�200,000�people�who�will� live,�work,�relax�and�play�in�surroundings�that�are�harmonious�with�the� existing� Omani� landscape,� architecture�and�culture.Al� Madina� A’Zarqa� will� radically� expand� the�tourism�facilities�in�Oman.�The�city�will�generate�large�scale�employment�opportunities�for�Omani�nationals,� promote� freehold� property� owner-ship�for�nationals�and�expatriates�alike�and�serve�as�a�hub�for�leisure�activities�in�the�Sultanate.�The�development�will�be�carried�across�twelve�carefully�planned�phases,�costing�an�estimated�US$�5-20�billion.�Foster�+�Partners,�one�of�the�world’s�leading�architects�and�master�planner�of� Al� Madina� A’Zarqa,� will� be� creating� a� city�that�is�exemplary�and�uniquely�Omani.Expatriates�and�foreign�nationals�are�allowed�to�purchase�land�and�property�in�Oman�within�designated�projects�such�as�Al�Madina�A’Zarqa.��00%�freehold�ownership�and�residency�Visas�are�available�for�property�investors.The� current� release� includes� some� of� the�most� unique� and� prestigious� properties� in�the�Gulf,�including�Foster�+�Partners�designed�sea� facing� residences� and� a� selection� of� golf�course�villas.�Phase�one�of�the�project�will�also�include�3�luxury�hotels;�an��8-hole�golf�course;�natural� parkland� and� extensive� tourism� and�recreational�facilities.�Price�from�OMR59,000,�approx�US$�53,700
Available from International Luxury Real Estate, www.ilre.com, tel +44 20 7095 8701.
www.theaddress.info �5�
A whole new water-front city
www.theaddress.info�52
Off-plan
Off-plan�buying�is�not�a�new�or�revolutionary�phenomenon.�The�practice�has�been�evolving�and�maturing�in�various�parts�of�the�world�for�a�half-century.�What�is�new�is�its�proliferating�popularity.�Off-plan�buying�is,�in�fact,�one�of�the�primary�markers�-�and�a�prominent�driver�-�of�rapid�real�estate�expansion�in�developing�countries.��
Why buyers buy off-plan People�buy�property�off-plan�for�investment,�lifestyle,�retirement,�or�a�combination�of�all�three.�For�investors�and�lifestyle�buyers�alike,�the�basic�attraction�is�simple:�getting�a�desir-able�property�at�a�below-market�price.�Moreover,�off-plan�buying�usually�allows�the�buyer�to�select�the�project’s�most�desirable�units,�which�normally�increase�in�value�most�-�and�most�quickly.�For lifestyle buyers: the ‘good life’ at a below market price For�most�lifestyle�buyers,�buying�off-plan�represents�an�unrivalled,�more�affordable�opportunity�to�own�and�enjoy�a�piece�of�the�‘good�life’—a�retirement�or�holiday�home�in�a�highly�desirable�location.��
For investors: an attractive, flexible play
For�a�growing�number�of�investors,�off-plan�buying�has�become�a�recognized�investment�channel.�In�fact,�many�people�have�used�off-plan�buying�to�start�their�property�investment�portfolios.�Off-plan�buying�offers�investors�two�main�benefits:�capital�growth�and�flexibility.�
Capital growth through leverage: small outlay, large potential gain
The�essential�draw�of�off-plan�investing�is�capital�growth�through�leverage.�Leverage�is�a�classic�investment�principle,�which�advocates�gaining�control�of�an�asset�that�is�likely,�over�time,�to�increase�in�value�by�paying�a�fraction�of�its�current�value.�
Successful�off-plan�investors�have�discovered�an�ample�pipeline�of�projects�that�prove�much�more�valuable�at�completion�than�at�inception,�when�they�exist�only�on�paper.�
In�sum,�using�the�principle�of�leverage,�successful�off-plan�investors�have�reaped�significant�upside�not�only�from�the�discounted�pre-build�price,�but�from�apprecia-tion�in�value�during�the�build�time.�
BuyingProperties
Buying property ‘off plan’ simply means buying a new property - and buying into a project - that has not yet been built. But what are the real benefits and risks associated with buying off-plan?
www.theaddress.info �53
Flexibility: waiting to decideAnother�primary�attraction�of�off-plan�investing�is�its�inherent�flexibility.�When�the�property�is�completed,�the�investor�can�use�it,�rent�it�out,�or�‘flip’�(sell)�it,�cashing�in�on�the�leveraged�appreciation,�as�described.Commonly,�rental�programmes�or�guarantees�are�in�place,�which�are�intended�to�ensure�a�specified�rental�stream�for�an�extended�period�of�time.�That�rental�income�can�subsidize,�or�perhaps�even�exceed,�the�property’s�mort-gage.�In�many�cases,�the�rental�programme�will�allow�the�investor�to�use�and�enjoy�the�prop-erty�for�28�days�per�year,�although�there�are�schemes�that�allow�up�to��80�days�of�personal�use�per�year.�Even�if�no�rental�programme�is�available,�the�investor�may�still�rent�the�property�through�a�property�management�company.�
“Off plan buying offers investors two main benefits: (1) capital growth and (2) flexibility”
Why developers sell off-plan Any�new�development�project�is�risky.�For�developers,�a�failed�project�might�bankrupt�them.�For�their�lenders,�a�failed�project�might�mean�a�loss�of�millions.�And�perhaps�an�abrupt�sacking�for�the�bankers�who�decided�to�make�the�bad�loan.Comfort for lendersBanks�are�by�nature�conservative,�and�averse�to�any�risk.�They�resist�lending�money�to�finance�a�new�development�until�they�have�some�independent�comfort�-�if�not�assurance�-�that�the�project�will�generate�sufficient�money�to�pay�off�the�loan.�Banks�therefore�customarily�impose�‘pre-sale’�(pre-construction)�require-ments�on�the�developers.Off-plan�sales�serve�the�interest�of�lenders.�It�helps�them�gain�the�pre-construction�comfort�they�seek�to�fund�a�development�loan.�
Market testing and liquidity for developersBy�helping�lenders�fund�development�loans,�off-plan�sales�help�developers�get�new�projects�off�the�ground.�But�off-plan�sales�do�much�more�for�developers.�Off-plan�sales�can�help�developers�gauge�the�market�and�make�appropriate�adjustments,�and�therefore�can�translate�into�enhanced�economic�value.��Developers�seek�certainty�that�their�incipient�projects�will�succeed.�They�will�gladly�trade�lower�prices�for�greater�certainty.�
“Buying off plan requires careful research”
By�offering�off-plan�buyers�a�pre-construction�discount,�developers�can�test�the�market�to�find�out�how�well�they�have�done�their�home-work.�They�can�readily�learn�if�the�project�will�sell�-�and�how�quickly.�Developers�can�use�this�feedback,�positive�or�negative,�to�make�design�changes�or�adjust�prices,�up�or�down,�before�the�project�is�‘officially’�launched.Developers�that�get�a�favourable�off-plan�market�response�can�derive,�and�even�drive,�considerable�value.�They�can,�for�example:
‘Make�the�market’�via�effective�marketing,�urging�prospects�to�buy�now�or�miss�out�on�a�great�deal.�Gain�fortified�credit�and�liquidity.�Early�success�in�one�project�can�land�them�the�next�one.�They�can�negotiate�lower�return�rates�with�their�investors,�and�lower�interest�rates�with�their�mortgage�lenders.�Use�amounts�paid�in�by�their�off-plan�buyers�to�fund�construction,�although�this�is�not�allowed�by�law�in�some�countries.�Having�cash�in�hand�also�gives�developers�leverage�to�negotiate�discounts�from�their�suppliers�and�subcontractors.�
Want to know more?A�free�copy�of�the�full�report�can�be�requested�on�www.ilre.com
•
•
•
www.theaddress.info�54
KitchenConfidential
In each issue of The Address, great Chefs share their recipes from some of the world’s leading restaurants. In this issue, you will meet Chef-Owner Jean Beddington at Beddington in Amsterdam and Executive Chef Geoffrey Murray at Zachary’s at Pezula Resort Hotel & Spa, Knysna, South Africa.
Top Chefs share their recipes
Zachary’s,�Knysna,�South�Africa
www.theaddress.info �55
Zachary’s, Knysna, South AfricaA� gourmand’s� dream� and� one� of� the� top�restaurants�in�South�Africa� �•� �A�heady�blend�of�contemporary�African�influences,�uniquely�regional� touches� and� a� truly� global� menu��•� � Modern� ethnic� cuisine� with� eye-catching�presentations��•��Expect�adventurous�cultural�combos� like�Wild�Knysna�sesame�oyster� frit-ters�with�pickled�forest�mushrooms��or�House�smoked�organic�duck�breast�with�sweet�potato�rosti,�blueberries�and�verjuice��•��A�‘don’t�miss’�is� the� local� Foie� Gras� –� grilled� with� organic�chocolate� pumpernickle,� preserved� plums�and�roast�organic�shallots� � •� �The�Executive�Chef,� Geoffrey� Murray,� is� an� ardent� organic�food�enthusiast.�He�grows�most�of�the�vege-tables� and� herbs� in� an� organic� vegetable�garden�on�the�resort��•��The�wine�cellar�offers�more�than�600�fine�wines,�some�of�which�are�limited�edition�handcrafted�wines�www.zacharys.co.za
Beddington, AmsterdamOne�of�Amsterdam’s�most�beloved�and�lauded�chefs/owners,� creates� her� magic� nightly� in�a� beautifully� austere� setting� that� is� always�packed�with�devoted�diners.� � •� �The�cuisine�is�best�described�as�daringly� innovative�and�distinctly�personal���•��The�Chef’s�French-based�cuisine� includes� strong� influences� from� her�years� in� Japan,� her� English� roots,� and� every-thing�else�that�she�has�experienced���•� �The�décor�is�smart�and�sleekly�modern�in�a�two-tone�palette�–�black�and�white�–�that�lets�the�food�take�centre�stage� � •� �A�short�menu�of�three�or�four�courses�changes�each�day��•� �Divine�offerings� may� include� starter� of� Gillardeau�oysters� on� granite� of� cucumber,� spring�onion�and�Japanese�ginger�with�bean�sprout�&�wakame� salad,� main� course� of� slow-roasted�Baambrugs� pork� belly� with� cavolo� nero,� sage�sauce�and�mushroom�&�black�pudding�beignet��•��The�artistic�presentation�www.beddington.nl
Geoffrey�Murray�at�Zachary’s
Jean�Beddington�at�Beddington
www.theaddress.info�56
�2 oysters
Granité:4 spring�onions� cucumber�peeled�and�deseeded� small�packet�of�Japanese�ginger�(gari)
Seaweed salad� packet�of�dried�seaweed�salad�soaked�in�
water��tbsp soya�sauce
½�tbsp rice�vinegar��tsp mirin
few�drops�of�sesame�oil
OYSTERS SERVED ON JAPANESE GINGER AND CUCUMBER GRANITÉ WITH MIXED SEAWEED SALAD
Courtesy�of�Chef-Owner,�Jean�Beddington,�Beddington,�Amsterdam,�the�Netherlands
Chop�of�the�roots�and�tops�of�the�spring�onions�and�wash.�Roughly�chop�the�onions�and�cucumber�and�place�in�the�blender�together�with�the�ginger.�Blend�to�a�smooth�purée.�Pour�into�a�deep�freeze�tray�and�place�in�the�freezer.�Stir�every�30�minutes�until�frozen.�Drain�the�soaked�seaweed.�Mix�the�remaining�ingredients�together�and�add�to�the�seaweed.�Open�the�oysters�and�remove�from�the�bottom�shell.�Using�a�spoon,�scrape�the�granité�to�form��2�spoonfuls.�Fill�each�oyster�shell�with�the�granité�and�place�an�oyster�on�top.�Divide�the�seaweed�over�four�plates�and�place�3�oysters�on�the�salad.�Serve�immediately.
Serves�4�
www.theaddress.info �57
www.theaddress.info�58
STEAMED FILLET OF TURBOT WITH SHIITAKE MUSHROOMS DUXELLES WRAPPED IN SHISO
LEAVES, GREEN TEA NOODLES AND WASABI BUTTERCourtesy�of�Chef-Owner,�Jean�Beddington,�Beddington,�Amsterdam,�the�Netherlands
4 turbot�fillets,��20g�each8 large�green�shiso�leaves200g shiitake�mushrooms�finely�diced� large�shallot�finely�chopped��tbsp butter
soya�sauce� egg�white�50�g green�tea�noodles
purple�micro�shiso�cress,�to�garnish
Wasabi butter sauce:�00�ml fish�stock�00�ml white�wine��tsp rice�vinegar��tsp wasabi�powder�mixed�to�a�paste�with�cold�water�50g cold�butter
pinch�of�salt�pinch�of�sugar
www.theaddress.info �59
Cook�the�noodles�according�to�instructions�on�packet.�Set�aside.Melt�the�tablespoon�of�butter�and�sweat�off�the�shallots.�Add�the�shiitake�and�stir-fry�for�5�minutes.�Season�to�taste�with�soya�sauce.�Spread�on�a�plate�and�cool�in�the�fridge.�Place�two�shiso�leaves�slightly�overlapping�on�a�work�surface�and�brush�with�some�egg�white.�Spread�a�quarter�of�the�duxelles�on�the�leaves,�place�one�turbot�fillet�on�top�and�fold�the�leaves�over�to�make�a�parcel.�Follow�these�instructions�to�make�another�three�parcels.�Place�the�parcels�in�the�lightly�oiled�steamer.�Bring�the�fish�stock�and�white�wine�to�a�boil�and�reduce�by�half.�Remove�from�the�heat�and�whisk�in�the�wasabi�paste�and�rice�vinegar.�Return�to�a�low�heat�and�whisk�in�knobs�of�the�butter�to�make�a�smooth�sauce.�Adjust�the�seasoning�with�a�pinch�of�sugar�and�salt.�Keep�warm.Steam�the�fish�for�8–�0�minutes.�Place�the�cooled�noodles�in�the�steamer�for�the�last�few�minutes�to�warm�through.�To�serve:�Divide�the�noodles�onto�4�plates.�Cut�each�fish�parcel�diagonally�with�a�sharp�knife�and�place�on�top�of�the�noodles.�Spoon�the�sauce�around�the�noodles.�Garnish�with�purple�micro�shiso�cress.
Serves�4�
www.theaddress.info�60
200g cooked�rabbit�meat,�cooled,�shredded4�tbsp home�made�mayonnaise2�tbsp toasted�pistachio�nuts,�roughly�chopped��tbsp fresh�tarragon�leaves,�roughly�chopped
2tsp chives,�chopped�0 green�olives,�pitted,�roughly�chopped
60�ml +���tsp�hazelnut�oil�½�tbsp champagne�vinegar
sea�saltfreshly�ground�white�pepper
4 brioches,�centre�hollowed�out,�warmed�in�the�oven240�ml mixed�organic�baby�greens�and�herbs
�2 pickled�young�carrotsedible�flowers�to�garnish
“BUNNY” CHOW - TOASTED BRIOCHE, PISTACHIOS, PICKLED BABY CARROTS & TARRAGON
Courtesy�of�Executive�Chef�Geoffrey�Murray,�Zachary’s�at�Pezula�Resort�Hotel�&�Spa,�Knysna,�South�Africa
Combine�the�first�6�ingredients�with�the���tsp�of�hazelnut�oil.�Season.�Set�aside�for�the�flavours�to�develop.Make�vinaigrette�with�the�remaining�hazelnut�oil�and�champagne�vinegar.�Season.�Toss�the�mixed�organic�baby�greens�and�herbs�with�a�few�tablespoons�of�the�vinaigrette.�Divide�the�greens�between�4�plates.�Divide�and�fill�the�warmed�hallowed�out�brioche�with�the�rabbit�mixture�and�place�in�the�centre�of�each�plate,�scatter�a�few�edible�flowers�around�the�brioche�and�garnish�with�the�pickled�carrots.�
Serves�4
www.theaddress.info �6�
www.theaddress.info�62
SMOKED ORGANIC DUCK BREAST WITH SWEET POTATO ROSTI, ROAST YOUNG CARROTS,
CHARD, BLUEBERRIES & VERJUICE
Sweet potato rosti:475�ml peeled,�grated�sweet�potato,�squeezed�of�excess�liquid
3�cm piece�of�fresh�ginger,�peeled�and�grated2�tbsp butter2�tbsp olive�oil
sea�salt�freshly�grated�white�pepper
Blueberry & verjuice sauce:�80�ml fresh�blueberries
80�ml verjuice240�ml dark�duck,�veal�or�chicken�stock
sea�saltfreshly�grated�white�pepper
Vegetables (organic where possible):�2 young�carrots,�rinsed�thoroughly,�not�peeled
2�tbsp olive�oilsea�salt�
7�0�ml chard,�cleaned,�de-stemmed240�ml sugar�snaps2�tbsp olive�oil��tbsp butter
sea�salt
Duck breast:4 cold�smoked�organic�duck�breast,�skin�side�scored�
(either�smoke�them�yourself�or�check�with�a�specialty�butcher�or�gourmet�food�shop)
Courtesy�of�Executive�Chef�Geoffrey�Murray,�Zachary’s�at�Pezula�Resort�Hotel�&�Spa,�Knysna,�South�Africa
www.theaddress.info �63
www.theaddress.info�64
Blueberry�&�verjuice�sauce:�put��20ml�blueberries�and�verjuice�into�a�sauce�pan�over�medium�heat.�Cook�until�the�liquid�reduces�and�the�blueberries�begin�to�pop,�about�5-�0�minutes.�Add�the�stock,�reduce�the�heat�to�a�simmer�7�continue�cooking�until�reduced�by�half,�about��5-20�minutes.�Remove�from�heat,�strain,�season�and�set�aside.Sweet�potato�rosti:�heat�a�non-stick�pan�over�medium�high�heat.�Combine�the�grated�sweet�potato�and�ginger,�season.�Add�the�olive�oil�to�the�pan,�form�the�sweet�potato�mixture�into�4�even�patties,�begin�to�cook.�After�about�3-4�minutes,�check�if�browned,�turn�over,�add�the�butter�in�small�pieces�around�the�rostis,�continue�cooking�until�browned.�Remove�to�a�plate�lined�with�absor-bent�paper�and�keep�warm.Duck�breast:�pre-heat�oven�at��80C.�Heat�a�non-stick�pan�until�smoking.�Place�the�duck�skin�side�down�in�the�pan,�sear�until�browned�and�crisp,�about�3�-4�minutes.�Remove�from�the�pan,�place�on�a�baking�tray�and�finish�in�the�oven,�roasting�for�about�5�minutes.�Remove�from�the�oven�and�allow�5�minutes�to�rest�before�slicing.Vegetables:�toss�the�carrots�with�olive�oil,�season�and�roast�in�a��80C�oven�for�about��5�minutes�or�until�just�tender.�Chard�and�sugar�snaps;�heat�a�non-stick�pan�over�medium�heat�with�the�olive.�Just�before�smoking�add�the�chard�and�the�sugar�snaps,�butter�and�seasoning.�Quickly�stir�fry�the�chard�and�sugar�snaps�until�the�chard�is�just�wilted�and�the�sugar�snaps�become�bright�green.�The�excess�water�on�the�chard�from�cleaning�it�should�be�enough�to�create�enough�steam�to�wilt,�if�not�splash�a�couple�more�tablespoons�of�water�in�the�pan.To�serve:�Place�one�rosti�on�each�of�4�plates,�divide�the�vegetables�amongst�the�4�plates�just�to�one�side�of�the�rosti,�slice�each�duck�breast�into�3-4�slices�and�then�rest�against�the�vegetables,�warm�the�sauce�with�the�remaining�60ml�of�blueberries,�spoon�over�the�duck�and�drizzle�around�the�plate.�
Serves�4
Additional recipes will be available at Food+Travel Online. Officially launching autumn 2009, it is possible to pre-register at www.foodandtravelonline.com already now.
www.theaddress.info �65
A World ofOpportunitiesThe current downturn with low interest rates and re-evaluation of propety prices may provide one of the biggest real estate buying opportunities.
This�month�we�got�word�from�the�FAR�(Florida�Association�of�Realtors)�that�for�the�7th�straight�month,�closed�transactions�went�up�consid-erably�compared�to�the�same�month�the�previous�year.�In�March�of�2009,�there�were�25�per�cent�more�sales�of�condos�and�30�per�cent�more�homes�sold�when�compared�to�the�same�month�2008.�Much�has�to�do�with�the�spreading�view�that�the�market�is�bottoming.�With�bargains�about,�buyers�are�back�-�and,�once�the�surplus�has�been�absorbed,�prices�can�steady�and�eventually�rise.
Tips for buying Buy�in�the�right�building�or�neighbourhood�and�ideally,�choose�the�best�unit�available.�With�the�price�decreases�that�we’ve�had�over�the�last�two�years,�more�people�have�the�opportunity�to�buy�in�a�great�building.��It�is�also�very�important�when�choosing�your�next�home�or�investment�that�you�pick�a�building�that�has�a�stable�HOA�(Home�Owner�Association),�that�has�no�large�assessments�coming�and�that�it�does�not�have�too�much�inventory�on�the�market.�
Tips for getting a loanA�lot�of�people�are�saying�that�loans�are�impossible�to�get,�but�the�reality�is�that�banks�have�started�to�lend�money.�The�catch�is�that�you�need�to�qualify!�During�the�boom,�it�was�possible�to�get�a�loan�without�needing�to�qualify�which�is�part�of�the�reason�why�we�have�the�situation�we�are�having.�Currently�banks�are�asking�for�a�minimum�20�per�cent�down�payment�for�US�nationals�and�30�per�cent�for�foreigners�and�you�will�need�to�verify�income�as�well.��If�you�are�serious�about�buying�real�estate,�it�is�very�important�to�get�pre-qualified�by�a�competent�mortgage�broker.�On�the�following�pages�are�a�few�examples�of�luxury�properties�in�Miami�that�have�been�reduced�to�sell�and�that�represent�exceptional�value�for�money.�If�you�would�like�to�know�what�is�available�in�and�around�Miami�and�Ft�Lauderdale,�contact�International�Luxury�Real�Estate,�www.ilre.com,�who�will�put�you�in�direct�contact�with�their�partner�in�Florida.
www.theaddress.info�66
900 BiscayneThe�downtown�Miami�mixed-use�development�by�Terra�Group�was�designed�by�acclaimed�architect�Luis�Revuelta.�The�building�is�a�fusion�of�cutting-edge�architectural�design,�state-of-the�art�technology�and�grand�hotel-style�amenities�that�is�located�in�the�heart�of�Miami’s�burgeoning�museum�and�performing�arts�district�on�Biscayne�Bay.Prices�from�US$399,00�–�US$699,000.�Originally�sold�for�US$650,000�–�US$�,200,000
ApogeeApogee�means�“pinnacle,’’�apt�for�a�habitat�that�represents�the�ultimate�of�modern�luxury�living.�The�most�desirable�address�on�South�Beach,�Apogee�offers�the�most�contemporary�residences�in�South�Florida,�featuring�unparalleled,�smart-life-style�technology�flawlessly�married�to�innovative�thinking.
Setai
Mei
www.theaddress.info �67
Very�few�units�are�still�available�and�currently,�the�lowest�priced�unit�in�the�building�is�avail-able�at�$3.8�million�-�at�one�point�the�least�expensive�unit�in�the�building�was�listed�at�$5�million.�
MeiState-of-the-art�ultra�luxury,�ocean�front�building�on�Millionaire’s�Row�in�Miami�Beach,�just��0�minutes�from�South�Beach,��0�minutes�to�Bal�Harbour,�and�20�minutes�to�Miami�International�Airport.��Designed�by�the�creators�of�the�Mandarin�Oriental�Hotels�around�the�world.�Amongst�some�of�the�five-star�services,�this�resort�includes�Tea�Lounge,�Zen�Library,�state-of-the-art�fitness�facility,�yoga�rooms,�pool�deck�with�infinity�edge�pool,�Balinese�pavilion,�24-hour�concierge�service�and�valet�parking.
Prices�from�US$499,00�–�US$�,02�,000.�Originally�sold�for�US$850,000�–�US$�,550,000
SetaiThe�Setai�is�one�of�South�Florida’s�premier�5-star�beach-front�resorts.��Amongst�the�many�facilities�offered�at�the�Setai�are�a�world-class�fitness�centre�&�Spa,�24-hour�room�service,�and�housekeeping�service,�world-class�restaurants�&�bars,�oceanside�dining,�3�heated�pools,�private�beach�lounges�with�attendants�as�well�as�security�and�valet�services.This�building�is�on�a�league�of�its�own.��Units�have�sold�in�this�building�for�as�much�as�$2,200/sq.ft.��Currently�there�are�opportunities�in�this�building�for�as�low�as�$�200/sq.ft.
Available from International Luxury Real Estate, www.ilre.com, tel +44 20 7095 8701.
900�BiscayneApogee
www.theaddress.info�68
There�are�places�of�beauty�so�rare�and�captivating�that�those�who�find�it�are�forever�caught�in�its�spell.�Nestled�between�tropical�lagoons,�caressed�by�warm�ocean�breezes�lies�the�most�exquisite�home�you�will�ever�own.�Mayakoba,�the�only�5�Diamond�Resort�on�the�Riviera�Maya�has�become�known�as�the�Venice�of�the�Yucatan.�The�name�itself�means�village�of�water�in�the�ancient�Mayan�language.�Lagoons,�waterways�and�cenotes�weave�magically�through�tropical�mangroves;�leading�to�one�of�the�Caribbean’s�most�spec-tacular�beaches.�Within�this�most�exclusive�enclave�of�resorts�is�a�rarified�opportunity�to�own�one�of�the�most�exotic�vacation�homes�in�the�world�-�Banyan�Tree�Mayakoba,�where�Asian�influence�touches�the�warm�waters�of�the�Caribbean�Sea.�Each�villa�is�a�secluded�oasis,�a�private�intimate�paradise�complete�with�full�sized�pools,�jet�pools,�spacious�sundecks,�massage�salas,�and�outdoor�baths.��If�you�have�ever�desired�to�own�a�tropical�para-dise�there�will�never�be�a�better�time.�We�have�a�very�limited�number�of�villas�for�purchase�as�the�developer�has�decided�to�hold�back�most�of�the�inventory�until�prices�can�go�back�up.�Therefore�those�that�get�in�early�in�this�real�estate�opportu-nity�will�benefit�greatly�from�the�current�pricing�and�incentives.�Price�from�US$�.7�million�to�US$4�million,��representing�savings�up�to�US$800,000.
Available from Signature Residences Worldwide, www.signatureresidencesworldwide.com Tel: +44 (0)20 7095 8701.
Luxury residences at reduced pricesBanyan Tree Resort and Residences Mayakoba – where beauty and value unite
www.theaddress.info �69
www.theaddress.info�70
www.theaddress.info �7�
Hong Kong
ConciergeChoice
The Concierges of top hotels are the ultimate insiders who know everything that is important to know to make the most of a stay in a city.
We spoke with Ms Echo Zhu, Chief Concierge at The Peninsula Hong Kong, to get her thoughts on what visitors to Hong Kong absolutely should not miss.
WHERE TO EAT
Best for Lunch
The PawnThis�three-storey�restaurant,�bar�and�roof�garden�now�inhabits�the�historical�Woo�Cheong�Pawn�Shop�and�adjacent�pre-war�tenement�houses.�Open�for�lunch�and�dinner�serving�modern�British�cuisine.62�Johnston�Road,�WanchaiTel:�(852)�2866�3444
Pearl on The PeakWith�its�unique�vantage�point,�located�in�the�recently�renovated�Peak�Tower,�this�restaurant�features�modern�Australian�cuisine,�and�boasts�floor-to-ceiling�glass�walls�plus�extraordinary�views�of�Hong�Kong.��Shop�2,�Level��,�The�Peak�Tower,�The�PeakTel:�(852)�2849�5�23
Best for Dinner
Gaddi’s Celebrating�its�55th�Anniversary�in�2008,�Gaddi’s�has�long�held�an�impeccable�reputa-tion�as�a�supreme�social�setting,�as�well�as�a�superb�restaurant.�Its�chandeliers�and�blue�and�gold�tones�create�a�gracious�backdrop�for�exemplary�service,�gourmet�French�cuisine�and�a�magnificent�wine�list.�Chef�David�Goodridge,�who�hails�from�South�Yorkshire,�brings�to�Gaddi’s�his�extensive�and�varied�cooking�experiences�from�Michelin�Star�restaurants�in�France�and�England.��/F�The�Peninsula�Hong�Kong,�Salisbury�Road,�Tsim�Sha�TsuiTel:�(852)�23�5�3�7�
Hutong Reminiscent�of�an�ancient�Chinese�noble�resi-dence,�Hutong�offers�unobstructed�views�of�
Ms�Echo�Zhu,�Chief�Concierge,�The�Peninsula�Hong�Kong
www.theaddress.info�72
the�harbour�and�serves�contemporary�cuisine�from�Northern�China.28/F,���Peking�Road,�Tsim�Sha�TsuiTel:�(852)�3428�8342
Best Tea room
The LobbyWith�marble�topped�tables,�sumptuously�comfortable�chairs�and�exclusive�Tiffany�chinaware,�The�Lobby�is�a�relaxed�all�day�dining�venue�and�one�of�Hong�Kong’s�premier�meeting�places.��Famous�for�its�Afternoon�Tea�with�accompanying�classical�music.G/F,�The�Peninsula�Hong�Kong,�Salisbury�Road,�Tsim�Sha�TsuiTel:�(852)�23�5�3�46
NIGHTLIFE
Best Bars
1/5 NuevoThis�is�one�of�the�best�looking�bars�in�Hong�Kong,�which�makes�it�all�the�more�surprising�that�it�is�located�in�Wanchai.��/5�Nuevo�is�home�to�one�of�Hong�Kong’s�best�drinks�lists�and�remains�a�deeply�glamorous�venue�on�weekends.9�Star�Street,�WanchaiTel:�(852)�2529�2300
FelixThe�creation�of�the�world-famous�avant-garde�designer,�Philippe�Starck,�Felix�offers�breath-taking�views�of�Victoria�Harbour,�Hong�Kong�Island�and�Kowloon.�Other�features�include�a�Wine�Bar,�The�Balcony,�American�Bar�and�The�Crazy�Box,�a�small�discotheque.28/F�The�Peninsula�Hong�Kong,�Salisbury�Road,�Tsim�Sha�TsuiTel:�(852)�23�5�3�88
Best Clubbing
Dragon-iSimply�everyone�loves�to�be�seen�at�this�unceasingly�photographed�and�gorgeously�glamorous�bar.�Dragon-i�continues�to�draw�a�fashionable�crowd�and�has�the�hottest�VIP�rooms�in�town.�The�venue�also�offers�lunch�and�dinner�menus�featuring�Japanese�and�Cantonese�cuisine.UG/F,�The�Centrium,�60�Wyndham�Street,�Central�Tel:�(852)�3��0��222
HaloApparently�an�acronym�for�‘Heavenly�Aura,�Lush�and�Opulent�surroundings’,�this�club�lives�up�to�its�name.�This�‘members-only�club’�does�have�a�tight�door�policy,�but�if�luck�is�with�you,�you’ll�get�in�to�mingle�with�the�Hong�Kong�glitterati.�LG/F��0-�2�Stanley�Street,�CentralTel:�(852)�28�0��274
Best Music
Salon de NingEnjoy�signature�cocktails�and�Asian-inspired�light�fare�in�The�Peninsula’s�brand�new�lounge,�Salon�de�Ning.�With�a�live�band�and�its�‘Shanghai�Deco’�(Art�Deco,�with�Chinese�and�international�influences)�look.Basement,�The�Peninsula�Hong�Kong,�Salisbury�Road,�Tsim�Sha�TsuiTel:�(852)�23�5�3355
The CavernLive�bands�abound�in�this�lively�and�bustling�watering�hole.�Tunes�range�from��960s�British�Invasion�and�Funk�to�the�latest�Hip�Hop�and�Top�20,�depending�on�the�night�of�the�week.�/F,�LKF�Tower,�55�D’Aguilar�Street,�CentralTel:�(852)�2�2��8969
www.theaddress.info �73
www.theaddress.info�74
WHAT TO DO & SEE
Best Museum
Hong Kong Museum of ArtThe�Hong�Kong�Museum�of�Art�was�estab-lished�in��962,�with�a�mission�to�preserve�the�cultural�heritage�of�China�and�promote�art�with�a�local�focus.�Its�collections�now�number�in�excess�of��2,800�art�objects,�including�Chinese�paintings,�and�calligraphy�works,�antique�Chinese�treasures,�and�paintings�of�historical�significance,�as�well�as�creations�by�local�artists.�To�maintain�the�essential�interna-tional�character,�the�museum�also�presents�an�excellent�variety�of�thematic�exhibitions�drawn�from�local�and�overseas�sources.�0�Salisbury�Road,�Tsim�Sha�TsuiTel:�(852)�272��0��6
Best Galleries
Hollywood Road, Sheung Wan DistrictMajor�galleries�and�antique�stores�are�found�all�along�Hollywood�Road.�Man�Mo�Temple,�one�of�Hong�Kong’s�oldest�temples,�is�also�located�in�the�area.
Best DaytripStanleyThe�coastal�village�on�the�south�side�of�Hong�Kong�Island�is�a�popular�weekend�location�with�tourists�as�well�as�locals.�Stanley�is�famous�for�its�open-air�market�which�sells�all�manner�of�items,�from�shoes�and�clothing�to�knick-knacks�and�oil�paintings.�The�charm�of�al�fresco�dining�by�the�sea�is�the�main�reason�that�locals�love�to�relax�here�at�weekends.
Best SightseeingThe Peak Tower and The Peak TramHong�Kong’s�leading�icon�celebrates�its��20th�anniversary�this�year,�with�a�historical�photo�
exhibition,�exclusive�shopping�and�dining�offers,�special�packages�and�more.��www.thepeak.com.hk�
Best SpaThe Peninsula Spa by ESPAThe�Peninsula�Spa�by�ESPA�offers�a�deeply�personalised�Spa�experience�like�nowhere�else�in�Hong�Kong.�The��,��6�m2�(�2,000�sq.�ft.)�Spa�occupies�two�floors,�offering�sweeping�views�of�Victoria�Harbour�and��4�state-of-the-art�treatment�rooms,�creating�an�oasis�of�calm�in�the�city�for�guests�to�renew�themselves�in�mind,�body�and�spirit.7/F�The�Peninsula�Hong�Kong,�Salisbury�Road,�Tsim�Sha�TsuiTel:�(852)�23�5�3322
SHOPPING ElementsIn�a�city�well-known�as�a�shoppers’�paradise,�this�latest�mall�extravaganza�is,�quite�simply,�utopia.�Opened�in�October�2007,�Elements�boasts��,000,000�sq.ft.�of�shopping,�dining�and�leisure�facilities�such�as�a�cinema�and�an�ice�rink.�Located�above�Kowloon�Station.���Austin�Road�West,�Tsim�Sha�TsuiTel:�(852)�2735�5234
The Peninsula Shopping ArcadeThe�arcade�houses�over�80�boutiques,�offering�a�wide�range�of�shopping�for�all�tastes�-�from�worldwide�luxury�brands�such�as�Chanel,�Prada�and�Hermès�to�small�exclusive�shops�such�as�Qeelin�and�Shiatzy�Chen.�Harry�Winston�and�Graff�are�Hong�Kong�exclusives.�The�Peninsula�Hong�Kong,�Salisbury�Road,�Tsim�Sha�Tsui
Temple Street Night MarketThis�is�the�most�famous�open-air�market�in�
www.theaddress.info �75
Hong�Kong.�Also�called�‘The�Night�Market’,�Temple�Street�doesn’t�open�before�2pm�and�only�really�comes�to�life�in�the�late�evening.�There�are�stalls�selling�a�diverse�array�of�goods,�from�watches�and�leather�to�clothing�and�souvenirs.�Occasionally�there�are�even�ad�hoc�Cantonese�opera�performances.Temple�Street,�Jordan/Yau�Ma�Tei
The Peninsula Hong Kong
In�a�city�famous�for�its�luxury�hotels,�The�Peninsula�Hong�Kong�enjoys�its�own�unique�and�enduring�place�on�the�world�stage�as�the�definition�of�magnificence�and�service.��Located�in�Tsim�Sha�Tsui,�on�the�edge�of�Victoria�Harbour,�its�proximity�to�Kowloon’s�entertainments�
and�shops�is�outstanding.�Combining�elegant�Oriental�touches�and�state-of-the-art�technology,�its�300�spacious�rooms�and�suites�enjoy�stunning�harbour,�courtyard�or�Kowloon�views,�and�feature�a�marble�bathroom,�satellite�television�and�24-hour�room�and�valet�services.�Dining�options�include�French,�Swiss,�Continental,�Cantonese,�Japanese�and�a�Philippe�Starck-designed�rooftop�restau-rant�serving�contemporary�cuisine.��Leisure�amenities�comprise�The�Peninsula�Spa�by�ESPA,�a�Roman-style�swimming�pool,�a�harbour-facing�sun�terrace�and�a�fitness�centre.�Transportation�options,�for�sightseeing�or�airport�transfers,�include�a�fleet�of��4�Rolls-Royce�Extended�Wheelbase�Phantoms�and�a�twin-engined�helicopter�which�takes�off�from�the�hotel’s�twin�rooftop�helipads.�
For�further�information,�visit�www.peninsula.com��or�call�+852�2920�2888���������
Salon�de�Ning,�The�Peninsula�Hong�Kong
www.theaddress.info�76
Market Insights
French banks continue to lendMortgages�remain�widely�available�in�France�and�at�very�competitive�Eurozone�rates.�A�variety�of�very�attractive�mortgage�propositions�are�available�to�finance�property�purchases,�including��00%�mortgages�as�well�as�interest�only�options�and�deferred�payments.
Dominican Republic has more golf courses than any other Caribbean destinationA�favourite�golfing�destination�of�former�Presidents�Bill�Clinton�and�George�H.�Bush,�the�Dominican�Republic�has�become�one�of�the�hottest�spots�to�tee-off�in�the�Caribbean,�if�not�the�world.�Overall,�there�are�27�fabulous�courses�oper-ating,�under�construction,�or�in�planning�right�now.�Players�will�find�courses�designed�by�legends�such�as�Jack�Nicklaus,�Arnold�Palmer,�Gary�Player,�Pete�Dye,�P.B.�Dye,�Robert�Trent�Jones,�Tom�Fazio�and�Nick�Faldo.�
Grenada - a property hotspotGrenada�offers�some�of�the�Caribbean’s�most�affordable�properties�in�a�landscape�of�unquestionable�beauty�and�charm.�Add�a�stable�political�and�economic�climate�and�low�crime�rate�conducive�to�safe�investment.In�the�‘2008�Annual�Wealth�Report’�produced�by�the�global�property�company�Knight�Frank�and�Citi�Private�Bank,�Grenada�was�listed�as�one�of�ten�markets�being�‘prime�suspects’�for�future�growth.�
Barbados - a perennial favouriteWe�have�seen�increasing�interest�in�up-and-coming�islands,�but�at�the�same�time�there�is�a�renewed�focus�yet�again�on�Barbados.�Buyers�appreciate�its�consistent�track�record,�even�in�uncertain�markets,�thanks�to�a�stable�government,�good�infrastructure,�a�developed�economy�and�accessibility.Virgin�Atlantic�is�expanding�its�routes�from�Manchester�to�Barbados,�property�transfer�tax�has�been�reduced�to�2.5�per�cent�and�foreign�exchange�controls�have�been�lifted.�
‘If you look at all of the facts, I don’t think there’s another environment in the world that’s better than Brazil’ - Sam Zell, Equity InternationalBrazil�continues�to�show�exceptional�strong�market�fundamentals�and�is�not�seeing�the�distress�found�in�other�markets.�According�to�Tom�Shapiro�at�GoldenTree�Insite�Partners,�mortgages�account�for�only�2�per�cent�of�the�GDP�in�Brazil,�so�consumers�are�not�feeling�the�effects�of�credit�contraction.�Demand�is�high�and�unlike�markets�that�have�been�driven�by�speculation,�Brazil�has�not�experienced�over-development.�Other�recent�market�insights�are:
Natal�is�a�strong�candidate�for�World�Cup�20�4�Natal�Airport�set�to�become�the�world’s�8th�largest�airport�‘Sao�Goncalo�do�Amarante’�(scheduled�for�completion�in�20�2)�Brazil’s�foreign�direct�investment�surged�in�
•
•
•
From Around the World
www.theaddress.info �77
December�2008,�pushing�the�total�for�the�year�to�a�record�Brazil�registers�lowest�unemployment�rate�in�6�years�
Egypt: in good shapeEgypt’s�banks�appear�to�be�weathering�the�global�financial�storm�far�better�than�many�of�their�regional�and�international�counterparts,�partly�due�to�the�reform�efforts�of�the�Central�Bank�but�not�least�to�the�underlying�strength�and�prudent�management�of�domestic�banks.�The�Egyptian�Central�Bank�and�its�policies�received�special�mention�in�the�IMF’s�latest�World�Economic�Outlook,�issued�in�mid-April,�praising�it�for�moving�to�cushion�the�impact�of�the�global�crisis.�Though�the�Egyptian�economy�is�expected�to�grow�at�a�comparatively�healthy�rate�in�2009,�with�the�IMF�predicting�GDP�to�expand�by�3.6�per�cent,�this�is�still�just�half�of�the�growth�rate�of�the�preceding�two�years.�
Dubai: a slower paceThe�international�financial�crisis�and�the�ensuing�slump�in�Dubai’s�property�market,�which�has�seen�prices�for�residential�units�fall�dramatically,�has�flowed�on�to�the�Emirate’s�construction�sector,�with�many�projects�post-poned�or�remaining�on�the�drawing�board.�A�recent�report�by�the�Egypt-based�investment�bank�EFG-Hermes�revised�earlier�projections�of�residential�units�that�would�be�completed�in�Dubai�this�year.�The�report,�issued�in�late�March,�said�that�around�28,000�units�would�be�delivered�in�2009,�down�from�earlier�estimates�of�45,000.�According�to�EFG-Hermes,�tight�liquidity�and�a�lack�of�investor�confidence�will�continue�to�drag�down�the�property�market,�which�in�turn�
•
will�hurt�the�construction�sector.�In�March,�property�developer�Nakheel,�a�divi-sion�of�the�state-owned�conglomerate�Dubai�World,�announced�it�was�delaying�by�one�year�a�series�of�shopping�malls�in�Dubai�and�the�UAE,�valued�at�$3bn,�in�order�to�ensure�its�‘short-term�business�model�is�aligned�to�meet�market�demand’.�However,�there�are�also�signs�the�underlying�strength�of�the�building�sector�may�prompt�a�modest�recovery�in�20�0.�Emaar,�the�Emirate’s�other�leading�developer,�recorded�a�$�.5bn�profit�for�2008.�Earnings�were�down��5%�on�2007,�largely�due�to�a�$482m�loss�in�the�last�quarter�of�2008�on�the�back�of�write-downs�on�its�U.S.�operations.�While�the�private�sector�may�be�struggling,�it�is�not�all�bad�news�for�the�building�industry,�with�the�state�looking�to�utilise�excess�capacity�by�pushing�ahead�with�its�infrastructure�programme.�This�will�not�only�absorb�some�of�the�slack�in�the�building�sector�but�also�strengthen�the�economy’s�foundations�for�when�the�downturn�turns�into�an�upswing.�With�analysts�predicting�that�Dubai’s�real�estate�market�will�likely�return�to�positive�territory�in�20��,�after�stabilising�in�20�0,�new�construction�projects�are�expected�to�pick�up�late�this�year.According�to�CB�Richard�Ellis,�this�could�be�a�good�time�to�buy�into�Dubai.�Their�latest�analysis�suggests�that;�sales�have�dropped�60�per�cent�over�the�past�quarter�compared�to�the�same�period�last�year;�residential�rents�are�down�23�per�cent;�office�rents�are�down��8�per�cent.�Much�of�this�–�and�it�bears�some�emphasis�as�it�is�a�common�feature�of�many�fast-growing�markets�–�is�down�to�the�depar-ture�of�the�swarm�of�speculators�who�were�all�over�the�market�a�year�or�so�ago.���
www.theaddress.info�78
Today’s top chocolatiers have the same status as the Chef de Cuisine at any of the great restaurants around the world. They use only the best ingredients, have a passion for what they do and an unstoppable creativity. The end result is sumptuously decadent chocolates and confectionery handcrafted in small batches from trademark recipes.
Tantalise your tastebuds and follow us on a journey to meet some of the world’s best chocolatiers.
ChocolateSensations
Pralus
Cocoa Gourmet
Michael�Recchiuti
www.theaddress.info �79
ANTICA DOLCERIA BONAJUTOSicily, Italy
Located�in�Modica,�the�chocolate�is�as�baroque�as�the�town’s�architecture.�It�is�rich,�dramatic,�unabashedly�opulent�and�unique��•��L’Antica�Dolceria�Bonajuto�is�legendary��•��Founder�Francesco�Bonajuto�established�a�small�patisserie�and�dessert�shop�in��880��•��The�wooden-panelled�shop�still�makes�heavenly�chocolate�in�true�old�style��•��The�grainy,�brittle�chocolate�is�produced�using�an�ancient�tech-nique�in�which�the�cocoa�is�cold-pressed�with�sugar�granules�and�flavoured�with�chili,�coffee,�cinnamon,�ginger,�orange�essence,�pistachio,�or�vanilla�-�the�lack�of�heat�allows�the�full�aroma�of�the�cocoa�to�be�conserved�without�the�addition�of�fats��•��The�nougat�is�sensa-tional��•��Don’t�miss�‘mpanatigghi’�(empanadas�filled�with�meat�and�chocolate)��•��The�shop�is�like�a�mini-museum,�with�detailed�pictures�of�the�chocolate-making�process�and�big�grind-stones�with�distinctly�Latin�American�designswww.bonajuto.it
CACAO ET CHOCOLATParis, France
Dark�chocolate�squares�infused�with�coffee,�Chinese�jasmine�tea�or�Tequila�with�lemon���•��They’re�desserts�and�digestifs�all�in�one���•��The�wooden�gift�boxes�are�beautifully�done����•��The�chocolates�are�displayed�as�small�works�of�art�www.cacaoetchocolat.com
CHOCOLAT MODERNENew York, United States
Joan�Coukos�is�one�of�America’s�most�exciting�chocolate�innovators��•��She�creates�a�line�of�visually�stunning�confections,�emphasizing�dark�chocolate�and�a�modern�flavour�palate��•��The�chocolate�is�soft,�silky,�and�seductive.�Rich,�novel,�and�dreamy��•��Uses�Valrhona�chocolate�
exclusively��•��Her�bonbons�include�silky�truf-fles,�crunchy�pralines�and�soft�caramels�that�are�hand-moulded,�and�occasionally�brushed�with�real�specks�of�edible�24-karat�gold�or�stencilled��•��She�presents�Belgian�and�French�style�fillings�in�amazing�sweet�and�savoury�combinations��•��Her�signature�piece,�La�Dolce�Grapefruit,�is�a�blend�of�grapefruit�and�caramel�in�a�hard�chocolate�shell.�Other�unique�flavors�include�Havana�Heat,�a�chocolate�blended�with�habanero�peppers,�and�Les�Nymphes,�a�blend�of�litchi�pate�de�fruit�and�litchi�ganache��•��Coukos�continually�adds�new�flavours,�like�the�Japanese�cuisine-inspired�Kimono�Collection,�which�features�shiso�lime�and�adzuki�bean�ganaches�and�soy-miso�caramel��•��The�Mysteries�of�Love�collection�is�insanely�delicious.�There’s�a�passion�fruit�and�cardamom�caramel,�a�sea�salted�espresso�and�dark�choco-late�caramel,�a�pear�caramel,�a�72%�Venezuelan�ganache,�a�single�malt�scotch�and�a�raspberry�ganachewww.chocolatmoderne.com�
CHRISTOPHER NORMAN CHOCOLATESNew York, United States
Distinctive�boxed�collections,�hand-painted�and�sculptural�truffles,�and�innovative�flavors�are�all�essential�elements�in�Christopher�Norman�Chocolates��•��All�the�chocolates�are�hand-made�with�precious�ingredients�from�around�the�world��•��The�creative�and�distinctive�ganaches�with�seasonal�flavors�like�tamarind�caramel�and�spicy�apricot��•��A�distin-guished�artist�gives�each�chocolate�design�and�taste�a�superbly�artistic�flair��•��Several�of�the�designs�feature�images�of�the�artist�John�Down’s�paintings�transferred�onto�hand-painted�chocolate�tiles�that�beautifully�top�the�truffles,�such�as�the�Japanese-inspired�Luxury�Tea�Collection�-�chocolate�truffles�infused�with�Lapsang�Souchong,�rose,�mango�and�green�tea�-�or,�the�Mosaic�Tile�Box,�where�rich�colours�are�
www.theaddress.info�80
Chocolat�Moderne
Antica�Dolceria�Bonajuto
Rococo�ChocolatesSahagun
Pierre Herme
Chuao Chocolatier
www.theaddress.info �8�
inlaid�on�top�of�the�chocolate�tiles,�and�filled�with�pomegranate,�orange�caramel,�lemon�thyme�and�hazelnut�truffles��•��Other�delicious�innovations�include�chocolate�truffles�with�such�fillings�as�basil,�rosemary,�blue�cheese�and�coconut�curry�as�well�as�the�heavenly�wild�Italian�Amarene�dark�chocolate-covered�cherrieswww.christophernormanchocolates.com
CHUAO CHOCOLATIERSan Diego, United States
Named�after�the�legendary�cacao-producing�region�of�Chuao�in�central�Venezuela,�Chuao�Chocolatier�melds�traditional�European�tech-niques�with�world-class�Venezuelan�chocolate�and�fresh,�natural�ingredients�to�produce�handmade�chocolates�of�unrivalled�quality��•��The�chocolate�is�exciting,�unexpected�and�delicious;�the�flavors�are�bold,�unusual�and�assertive��•��There’s�chocolate�with�Chevre,�chocolate�with�Earl�Grey�tea,�chocolate�with�lemon�Tequila,�with�green�tea�and�with�Meyer�lemon�pulp��•��The�signature�chocolate�is�the�Spicy�Maya�—�a�dark�chocolate,�both�in�bar�form�and�as�hot�chocolate,�infused�with�pasilla�chili,�cayenne�pepper�and�cinnamon��•��Cambur�-�soft�banana�and�brown�sugar�caramel�–�is�outstanding��•��Another�favourite�is�Picante�with�spicy�Cabernet�caramel�in�dark�chocolate.�The�flavour�is�complex�and�unusual��•��The�Firecracker�confection�is�fun.�There�is�quite�literally�an�explosion�in�the�mouth,�thanks�to�the�popping�candy�that�envelops�the�mixture�of�caramel�fudge,�chipotle�chili�and�salt��•��Hot�Chocolate�is�a�must,�available�in�Abuela�(traditional),�Winter�and�Spicy�Mayan�flavors.�Deeply�creamy,�silky�and�rich.�It�is�pure�chocolate�heavenwww.Chuaochocolatier.com
COCOA GOURMETSwitzerland
Elegant,�seductive�and�ultra�chic��•��The�Royal�Collection�is�the�ultimate�gastronomic�experi-ence�for�die-hard�chocaholics.��It�contains�four�22-carat�gold�chocolates,�four�pure�silver�chocolates�and�four�diamond�chocolates�encrusted�with�jewel-shaped�edible�gems.�The�twelve�chocolate�masterpieces�come�packaged�in�a�sleek�wooden�box��•�The�Gold�Collection�is�suitably�lavish,�with�Venezuelan-sourced�chocolate�topped�with�22-carat�edible�gold�leaveswww.swisscocoagourmet.com
ENRIC ROVIRABarcelona, Spain
Enric�Rovira�is�a�grand�master�of�chocolate�-�part�alchemist,�part�artist��•��An�artisanal�choc-olatier,�incorporating�the�artistic�and�trendy�vibe�of�Barcelona�in�his�chocolate��•��Rovira’s�passion�for�art�and�chocolate�is�revealed�in�his�beautifully�and�uniquely�presented�bonbons,�covered�fruits�and�nuts,�and�chocolate�bars��•��His�flavours�range�from�the�surprises�in�his�bombola�confections�-�violets,�pink�pepper,�and�salty,�satisfying�pork�cracklings�procured�from�a�small�town�near�his�factory�-�to�more�traditional�offerings,�such�as�his�iconic�collec-tion�of�chocolate�rajoles�(‘tiles’�in�Catalan),�each�of�which�represents�one�of�Barcelona’s�unique�paving�stones��•��Rovira�even�does�a�futuristic�series�of�‘virtual’�chocolates:�bonbons�that�contain�the�aroma�of�a�particular�flavour,�meant�to�be�sniffed�but�not�ingested��•��Chic�and�minimal,�the�boutique�emphasizes�order�and�discretionwww.enricrovira.com
FABRICE GILLOTTEDijon, France
Fabrice�Gillotte�is�an�award-winning�master�of�his�trade,�Meilleur�Ouvrier�de�France�Chocolatier�(top�artisan�of�France)��•��His�passion�for�cocoa,�his�tremendous�savoir�faire,�
www.theaddress.info�82
exceptional�talent�and�unstoppable�creativity�give�the�finishing�touches��•��Fabrice�Gillotte�creates�artisanal�chocolate�that�is�absolutely�divine��•��His�speciality�is�chocolates�flavoured�with�regional�Bourgogne�ingredients��•��Some�of�the�favourites�are�‘Sensuality’�-�dark�choco-late�with�squeezed�orange�and�zest,�hazelnut-coriander�praline,�salted�vanilla�caramel,�‘Duality’�-�marzipan,�peach,�almond�and�dark�chocolate,�‘Caprice’�–�dark�chocolate�with�rasp-berries�picked�from�the�hillsides�of�Burgundy,�‘Ceylan’�-�a�praline�of�Ceylonese�coconut��•��The�bite-sized�macaroons�in�delicate�pastel�shades��•��All�the�products�are�beautifully�presented�and�irresistible��•��The�ultra-modern�shop�in�black,�white�and�electric�bluewww.chocolat-gillotte.com
KNIPSCHILDT CHOCOLATIER Norwalk, United States
The�Danish-born�chocolatier�is�widely�regarded�as�one�of�the�finest�‘Maitre�Chocolatiers’�of�his�generation��•��Each�handcrafted�chocolate�is�an�artistic�handmade�jewel���•��Knipschildt’s�chocolates�are�known�for�distinctive�flavour�combinations,�freshness�of�ingredients,�artistic�designs�and�memorable�handmade�cardboard�boxes�from�Nepal��•��Classic�recipes�with�a�modern�twist��•��Knipschildt�pairs�delicate�fruit�flavors�with�exotic�spices�and�herbs�in�his�chocolates��•��All�products�are�made�using�the�highest�quality�ingredients�such�as�7�%�Ecuadorian�dark�chocolate,�43%�Venezuelan�Trinitario�and�Criollo�chocolate,�Marcona�almonds,�Sicilian�pistachios,�Scandinavian�cardamom,�Piedmonte�hazelnuts�and�locally�sourced�dairy�products��•��Flavors�include�port�wine,�raspberry�pink�peppercorn,�chili�tange-rine,�rosewater,�lavender,�and�apricot�&�basil��•��Favourites�are�Hannah�(home-made�caramel�&�Hawaiian�sea�salt),�Jennifer�(marzipan�&�Sicilian�pistachio�truffle),�Helena�(white�chocolate�&�coconut�truffle),�Kelly�(strawberry�&�lemon-thyme�ganache)�and�Donna�(black�currant�
ganache)��•��Don’t�miss�the�Chocopologie,�an�ultra-trendy�café.�Eclectically�decorated�with�odd�vintage�furniture,�vaulted�ceilings,�and�walls�that�are�part�brick�and�part�metal�meshwww.knipschildt.com
L’ARTISAN DU CHOCOLAT London, United Kingdom�
Gerard�Coleman�is�a�true�chocolate�artist.�Dark,�silky�and�aromatic,�this�chocolate�and�its�intriguing�subtle�contents�are�luxuriously�pure�-�each�one�with�a�distillation�of�flavour,�a�miniature�explosion�of�taste,�a�work�of�art��•��His�ganache-filled�chocolates�are�coveted�by�discerning�chocoholics�for�their�imagina-tive,�distinctive�flavourings��•��They�come�in�flavours�as�lemon�and�thyme,�basil�and�lime,�banana�and�thyme,�tonka�bean,�green�cardamom,�Earl�Grey�tea,�Sichuan�pepper,�Merlot�wine,�star�anise�and�coffee��•��The�signature�Liquid�Sea�Salted�Caramel�is�divine.�They�resemble�cocoa-dusted�truffles�but�snap�into�explosive,�addictive�goodness��•��Praised�by�top�chefs�Gordon�Ramsay,�Heston�Blumenthal�and�Rick�Stein��•��Don’t�miss�one�of�their�exquisite�tasting�eventswww.artisanduchocolat.com
ORIOL BALAGUERBarcelona, Spain
Oriol�Balaguer�is�renowned�as�one�of�the�world’s�best�pastry�chefs,�having�worked��with�superstar�Chef�Ferran�Adria�at�the�Michelin�starred�restaurant�El�Bulli��•��He�is�more�than�a�chic�pâtissier�–�he�is�an�artist��•��Oriol�Balaguer�takes�chocolate�to�a�level�of�art,�sophisticated�craft�and�technical�expertise��•��The�chocolate�creations�are�truly�ground-breaking��•��With�ganache�fillings�that�include�rose�truffle,�wasabi,�Pear�William�and�saffron,�they�are�carefully�presented�as�specimens�of�the�master’s�work��•��One�creation�is�especially�rich:�a�dark-chocolate�shell�filled�with�an�olive�
www.theaddress.info �83
oil–laced�white-chocolate�ganache.�Eating�it�is�like�tasting�the�essence�of�Catalonian�culinary�purity��•��His�best-selling�chocolate-covered�Pop�Rocks�-�a�combination�of�creamy�and�crunchy,�sour�and�sweet,�literally�explode�in�the�mouth��•��His�flagship�store�in�Barcelona�resembles�a�high-end�jewelers;�the�shop�is�rendered�entirely�in�white�with�imaginative�lighting��•��Balaguer�is�known�for�revolution-ising�his�profession�and�has�won�many�prestig-ious�awards�such�as�‘Best�Pastry�Chef�in�Spain’,�‘Best�Spanish�Handmade�Pastry�Master’�and�‘Best�Dessert�in�the�World’.www.oriolbalaguer.com
PATRICK ROGERParis, France
The�most�eccentric�chocolatier�-�as�good�at�tradition�as�he�is�at�innovation�–�Patrick�Roger�is�every�bit�as�much�a�sculptor�as�he�is�an�artisan��•��He�was�awarded�the�coveted�award�of��‘Meilleur�Ouvrier�de�France’�(France’s�Best�Craftsman)�in�2000��•��His�marvelous�
chocolates,�silky�in�texture�and�intensely�flavourful,�come�in�a�huge�variety,�but�his�palet�d’or,�a�square�of�dark�chocolate�ganache�enveloped�in�a�thin�couverture�garnished�with�gold�leaf,�is�a�masterpiece�of�lingering,�spicy�flavors��•��Patrick�Roger�also�combines�new,�unusual�flavors�such�as�Asian�sesame�and�mint�lemongrass��•��The�zippy�notes�of�fresh�lime�juice�enlivens�a�cushion�of�ganache,�a�hit�of�Sichuan�pepper,�smoky�Earl�Grey�tea,�and�melt-ingly�tender�rum�raisin-filled�nuggets:�all�are�examples�of�the�masterful�balance�of�flavors�that�compliment�dark�chocolate,�not�compete�with�it��•��Don’t�miss�his�seasonal,�and�always�mesmerizing,�store�windows,�where�visitors�are�peering�in�to�catch�a�glimpse�of�Roger’s�stun-ning�bonbons�and�whimsical�chocolate�and�marzipan�confections���•��The�shop�is�dazzling�-�the�huge�circular�counter,�lit�by�glittery�illuminated�spheres,�is�stacked�with�truffles,�pralines,�nougats,�pates�fruits,�single�origin�bars,�marrons�glaces,�marzipan�fruits,�all�neatly�arrayed�in�signature�zingy�aquamarine�boxes
Enric�RoviraOriol�Balaguer
www.theaddress.info�84
www.patrickroger.com
PAUL A YOUNG FINE CHOCOLATELondon, United Kingdom
Is�one�of�UK’s�finest�artisan�chocolateries.�There’s�no�machinery.�The�chocolate�is�filled�by�hand,�moulded�by�hand�and�decorated�by�hand.�It’s�a�true�artisan�way��•��Has�won�several�awards�including�the�Academy�of�Chocolate’s�‘Best�New�Chocolate�Shop’,�‘Best�Dark�Chocolate�Truffle’�and�‘Best�Filled�Chocolate’��•��Indulge�in�handmade,�luxurious�chocolate�creations�at�his�boutique�chocolate�shops��•��The�flavour�combinations�are�cutting�edge�and�unexpected,�hence�Paul�Young�is�regularly�referred�to�as�the�Heston�Blumenthal�of�chocolate��•��The�piece�de�resistance�must�be�the�Truffles��•��Don’t�miss�the�gold-medal-winning�Sea�Salted�Caramels,�which�have�a�hard,�glossy�dark�shell�that�shatters�in�your�mouth,�revealing�a�slow,�decadent�slurp�of�salty�caramel,�or�the�Kalamansi�truffles,�with�a�centre�of�tangy�tropical�citrus��•��The�exotic�truffles�-�stuffed�with�Marmite,�Stilton,�and�other�savouries�that�turn�out�to�be�extremely�witty�and�improbable�taste-combinations�that�are�inevitably�delicious�in�a�way�you�never�expected��•��The�chocolates�come�beauti-fully�packaged��•��Famous�for�his�chocolate�brownies,�made�to�Paul’s�secret�recipe��•��The�drinking�chocolate�-�a�gently�heated�pot�of�molten�Valrhona�chocolate�guarded�by�several�jars�of�fine�ground�spice,�ranging�from�chilis�to�ginger�to�cardamom,�cinnamon,�and�many�others.www.paulayoung.co.uk
PIERRE HERMEParis, France
Pierre�Hermé,�widely�considered�the�greatest�pastry�chef�in�the�world,�has�some�of�the�most�interesting�chocolate�in�Paris��•��He�has�won�accolades�for�his�line�of�gourmet�chocolates��•��
He�is�a�very�prolific�and�inventive�chef,�whose�creations�tend�towards�the�revolutionary��•��He�creates�new�pastry�lines�twice�a�year,�a�spring/summer�collection,�and�a�fall/winter�collection��•��Chocolate�aficionados�will�find�an�incomparable�selection�of�chocolate�cakes,�pastries,�and�macaroons,�as�well�as�unclas-sifiable�confections�like�the�famous�‘Death�by�Chocolate’�-�the�name�speaks�for�itself��•��The�macaroons’�flavours�run�from�strawberries�and�lemon�to�green�tea,�rose,�and�saffron-scented�peach�and�apricot�as�well�as�exotic�flavours�such�as�25-year�old�balsamic�vinegar,�black�truffle,�and�olive�oil�with�vanilla��•��The�choco-late�and�foie�gras�macaroons�–�really�beautiful�red�macaroons�burnished�with�gold�dust�and�filled�with�chocolate�ganache�and�a�daub�of�foie�gras�in�the�centre��•��Don’t�miss�the�famed�white-truffle-hazelnut�macaroon�with�lightly�toasted�Italian�hazelnut�in�a�thick�white�truffle�ganache.�An�almost�aphrodisiac�combination��•��Noteworthy�among�his�bonbons�are�the�Mogador�passion�fruit�ganache�covered�in�milk�chocolate�and�the�Makassar,�a�frothy�mousse�of�salted,�buttery�caramel�coated�in�dark�chocolate��•��The�hyper�chic�shopwww.pierreherme.com
PRALUSRoanne, France�
The�legacy�of�Pralus�began�in��948�when�Auguste�Pralus�opened�a�patisserie�in�Roanne��•��His�son,�Francois�Pralus,�is�cited�as�a�favourite�of�true�chocophiles,�with�a�keen�focus�on�single�origin�chocolate��•��Is�one�of�the�rare,�true�chocolate-makers�creating�chocolate�direct�from�the�bean��•��He�imports�no�less�than�eighteen�different�varieties�of�bean�-�from�Central�America,�South�America,�Madagascar,�Sao�Tome�and�Principe�and�Indonesia.�François�Pralus�now�has�his�own�cacao�plantation�in�Madagascar�on�the�island�of�Nosy�Be,�also�known�as�the�‘Isle�of�Perfumes’��•��Offers�a�heady,�sublime�experience�for�the�true�dark�
www.theaddress.info �85
Christopher Norman Chocolates Knipschildt Chocolatier
Cacao et Chocolat
Fabrice Gillotte�The Chocolate Society
Theo Chocolate
www.theaddress.info�86
L’Artisan du Chocolat�
Patrick Roger
Paul Young Fine Chocolate�
William Curley�Puccini Bomboni�
www.theaddress.info �87
chocolate�connoisseur��•��Each�exquisite�origin�bar�retains�the�unique�flavour�notes�of�its�local�beans,�from�fruity�and�fresh�berry�to�smoky�wood�with�traces�of�leather��•��Don’t�miss�his�signature�Pyramide�Des�Tropiques,�an�attractive�stack�of�ten�single�origin�chocolate�bars�of�75�per�cent�cacao�content,�each�from�a�single�bean�type��•��Pure�unadulterated�choco-late,�creating�one�of�the�greatest�chocolate�tasting�tours�in�the�world.�Each�chocolate�has�distinct�aromas�and�flavors,�a�sensorial�experi-ence�similar�to�wine�tasting��•��The�amazing�Indonesia�bar,�which�has�soft�and�subtle�flavors�of�brown�grass,�liquorice,�and�even�a�subdued�fruitiness��•��Also,�the�Colombia�bar�is�sensa-tional,�which�is�rich�with�faint�tones�of�straw-berries,�cranberries,�and�pure�cacao��•��Will�launch�two�single�origin�plantations;�Chuao�the�best�and�rarest�cacao�in�the�world�and�Cuyagua�a�rare�cacao,�both�from�Venezuela�www.chocolats-pralus.com
PUCCINI BOMBONIAmsterdam, the Netherlands
Handmade�chocolate�bonbons�with�rich�fill-ings�-�each�is�a�knockout��•��Delectable�choco-lates�come�in�both�traditional�and�unusual�flavors�including�herbs,�spices,�fruits,�and�alco-holic�drinks��•��The�unusual�ingredients�include�cognac,�prune,�pepper,�tamarind,�Calvados,�rhubarb,�ginger,�nutmeg,�cinnamon,�fig�marzipan,�lemongrass,�thyme,�ginger,�thyme,�Earl�Grey�tea�and�many�more��•��Favourites�include�the�coffee�bonbon�and�the�chocolates�filled�with�honey�and�ganachewww.puccinibomboni.com
MICHAEL RECCHIUTISan Francisco, United States
Known�as�the�‘Picasso�of�chocolatiers,’�Michael�Recchiuti�creates�confections�that�are�every�bit�as�daring�and�original�as�any�of�his�namesake’s�artworks��•��His�sublime�handmade�chocolates�
are�flavoured�with�exotic�elements�such�as�Earl�Grey�tea,�burnt�caramel,�pink�peppercorn,�tarragon�with�grapefruit�and�lavender�vanilla��•��Be�sure�to�try�the�champagne�truffles��•��The�key�lime�apples�and�key�lime�pears,�which�are�paper-thin�fruit�slices�that�have�been�soaked�in�key�lime�juice,�dried,�and�then�dipped�in�dark�bittersweet�chocolate�-�a�sinful�treat��•��His�crunchy�sesame�is�another�stunner�with�its�earthy�depth�and�addictive�texture��•��He�invites�local�artists�to�design�collections��•��He�hand-washes�and�dries�many�of�the�herbs�that�he�infuses�in�creams,�then�blends�them�with�chocolate,�vanilla,�butter�and�sugar.�Fillings�for�bonbons�are�all�wire-cut�by�hand.�And�all�collections�are�hand-packed��•��The�elegant�packaging��•��Treat�yourself�and�get�a�year’s�membership�to�Club�Recchiuti�www.recchiuti.com
ROCOCO CHOCOLATESLondon, United Kingdom
The�haute�couture�of�the�chocolate�world��•��A�pioneering�London�shop,�the�first�was�opened�by�Chantal�Coady�in��983��•��Beautiful�artisan�chocolate�boutiques��•��A�real�must�for�chocoholics��•��Indulge�in�saffron�and�ginger�fudge,�passion�fruit�milk�chocolate�truffles,�and�saffron�and�cardamom�white�chocolate�truffles��•��The�arresting�organic�chocolate�bars�unusually�flavoured�with�lavender,�basil�and�lime,�rose,�pink�pepper,�Earl�Grey�tea�or�chilli��•��Rococo’s�Motcomb�St�Café�serves�an�assortment�of�chocolate�drinks�such�as�orange�and�cinnamon�chocolate��•��The�gorgeous�gift�boxes�in�their�trademark�blue�and�white�pack-aging��•��The�staff�is�adorable��•��The�founder�is�the�author�of�four�books�about�chocolatewww.rococochocolates.com
SAHAGUNPortland, United States
Elizabeth�Montes�began�selling�her�chocolates�
www.theaddress.info�88
at�the�Portland�Farmer’s�Market,�which�is�where�she�sourced�most�of�her�non-chocolate�ingredients��•��Handmade�chocolates�filled�with�Sundance�Farm’s�Hidcote�and�Grosso�lavender,�Marion�berries,�sour�cherries�&�hazel-nuts�from�the�Willamette�Valley,�Stumptown’s�expertly-roasted�coffees,�orange�mint�and�rose�geranium�from�a�treasured�private�herb�patch��•��Absolutely�not�to�be�missed;�chocolate,�toasted�almonds�and�bergamot�peel;�toasted�pumpkin�seeds�with�spicy�jalapeño�and�dark�chocolate;�and�the�unforgettable�thimble�filled�with�a�divine�caramel�–�the�ultimate�bribe�for�almost�anything��•��The�hot�chocolate�is�exqui-site;�slow-whipped�to�orderwww.sahagunchocolates.com
THE CHOCOLATE SOCIETYLondon, United Kingdom
The�truffles�are�phenomenal�-�the�chocolate�surrounding�the�filling�is�superbly�balanced�and�just�the�right�amount�of�flavour�offset�by�the�filling��•��The�chocolate�and�cocoa�dusted�almonds�are�divine��•��The�passion�fruit�and�mango,�and�fresh�mint�ganaches�are�the�height�of�expertise��•��The�home-made�thick�chocolate�brownies�are�worth�the�trip�to�their�shop�in�Belgravia��•��Sea�Salt�Caramels�are�among�the�best�available��•��Also,�sample�the�heavenly�hot�chocolate�made�with�40g�of�pure�chocolatewww.chocolate.co.uk
THEO CHOCOLATESeattle, United States
Of�the�few�bean-to-bar�chocolate�manufac-turers�in�the�United�States,�Theo�is�one�of�the�few�who�is�certified�Fair�Trade�and�Organic��•��Is�sourcing�cacao�from�small�farmers�in�the�Dominican�Republic,�Ecuador,�Panama,�Ghana,�Madagascar,�Venezuela,�and�the�Ivory�Coast��•��As�true�chocolate�makers,�Theo�Chocolate�takes�carefully�selected�cacao�from�bean�to�bar�
in�their�own�factory,�roasting,�blending�and�conching�to�coax�out�the�distinctive�flavour�imparted�by�each�growing�region��•��The�result�is�superb�artisinally�made�chocolate�with�real�integrity��•��The�3400�Phinney�line�is�stun-ning�with�flavour�combinations�such�as�Bread�and�Chocolate�(dark�chocolate�with�buttery,�toasted�artisan�breadcrumbs�and�a�pinch�of�salt),�Chai�Milk�Chocolate�(milk�chocolate�with�a�warm�blend�of�chai�spices�and�black�tea)�and�Coconut�Curry�(milk�chocolate�with�toasted�coconut�and�savoury�curry�spices)��•��They�also�produce�a�beautifully�designed�selection�of�artisan�bonbons.�The�basic�collection�includes�Burnt�Sugar,�Fig�Fennel,�Lemon,�Mint,�PB�&�J�and�Ivory�Coast�(a�pure�chocolate�ganache)��•���The�Lemon,�a�white�chocolate�ganache�bursting�with�fresh�lemon�zest,�is�outstanding��•��The�9�%�Venezuela�Limited�Edition�Dark�Chocolate�Bar�is�a�rare,�remarkably�not�bitter�high�percentage�bar��•��The�great�chocolate�factory�tourwww.theochocolate.com
WILLIAM CURLEY London, United Kingdom
William�Curley’s�specialty�‘couture’�chocolates’�sophisticated�flavours�include�rosemary�&�olive�oil,�Japanese�black�vinegar,�apricot�&�wasabi.�classic�truffles�includes�House�Dark,�Framboise�and�Noval�Vintage�Port��•��The�stunningly�well-crafted�patisserie:�a�Toscano�Chocolate�Cadeaux�layered�with�vanilla�crème�brulee�and�Rum�soaked�sultanas�or�Passion�Fruit�&�Mango�Entremet��•��William�Curley�was�awarded�the�Best�British�Chocolatier�accolade�for�2007�and�again�for�2008�by�the�Academy�of�Chocolate��•���William�&�Suzue�Curley’s�chocolate�creations�won�an�unprecedented��3�Gold,�9�Silver�and�7�Bronze�awards�in�the�chocolate�industry’s�equivalent�of�the�Hollywood�Oscars,�the�2008’s��Academy�of�Chocolate�Awards��•��The�jewel-like�shop�tucked�away�in�a�back�alley�in�Richmond
www.theaddress.info �89
Casa Elar - one of the most exclusive private residences in the world is now available for exclusive use Ojai,�an�enchanting�valley�town�in�California,�well-known�for�pink�sunsets,�fresh�food�and�laid-back�charm,�holds�a�secret.�Just�90�minutes�from�Los�Angeles�International�Airport�and�35�minutes�from�Santa�Barbara,�the�town�is�a�perfect�setting�for�what�we�consider�to�be�the�one�the�most�exceptional�villas�in�the�world�–�Casa�Elar.In�2005,�the�Crown�Family�of�Chicago�built�the�Casa�Elar�as�a�private�residence.�The�owners�have�now�decided�to�release�the�home�for�exclusive�use�to�a�discerning�group�of�people.Designed�by�Santa�Barbara�architect�William�Mahan,�this�magnificent��0,�47�sq.ft.�Tuscan-style�villa�sits�on�44,000�sq.ft.�of�land�in�a�most�discrete�and�private�environment.While�in�residence�in�Casa�Elar,�you’ll�enjoy�a�stately�home,�fully�serviced�and�staffed.�
Your�villa�boasts�private�Spa�and�Pool�with�shaded�terrace;�Private�massage�room�with�facilities�for�salon�services;�Large�roof�top�garden;�Great�Room�with�dining�for��2,�buffet�area�and�wood-burning�fireplace;�Library�with�built-in�bar�and�extensive�entertainment�facili-ties;�Gourmet�kitchen�leading�to�a�covered�porch�and�Guest/staff�apartment.And�if�that�is�not�enough,�you�also�have�access�to�all�of�the�facilities�that�make�the�Ojai�Valley�Inn�&�Spa�Resort,�recognized�worldwide�as�an�oasis�of�pampering�and�well-being.�Amenities�include�everything�from�an�apothecary�to�golf,�guided�rock-climbing�expeditions�and�one�of�the�region’s�best�Spas.Casa�Elar�is�a�home�designed�for�entertaining,�relaxing�and�celebrating.�This�very�special�villa�is�yours�for�US$�5,000�per�night�(min�3�nights�stay).
For further information, visit www.casaelarojai.eu.com
P.S.
www.theaddress.info�90
Get every issue of The Address sent directly to your inbox
Stay�informed.�Stay�inspired.Sign up for your FREE subscription
CLICK HERE
Wait, there’s more!!
www.theaddress.info �9�
Can’t�wait�to�tell�a�friend.Click here to use our handy tell-a-friend-tool to tell your friends about The Address
Need��to�change�your�details?If you like to receive your copy of The Address to a different email address, please click here to give us your new details.
The�Address�online�magazine�is�published�by�W�International�Management�LtdEditorial Office5�Templar�Street,�London,�SE5�9JBEmail:�[email protected]:�+44�20�7095�8700
©�W�International�Management�Ltd.�All�rights�reserved.�No�part�may�be�reproduced�without�the�prior�written�permis-sion�of�the�publisher.�Opinions�expressed�are�not�necessarily�those�of�the�publisher.�While�every�care�is�taken,�prices�and�details�are�subject�to�change�and�the�publisher�can�take�no�responsibility�for�omissions�or�errors
www.theaddress.info�92
[email protected]�����+44�(0)20�7095�8700�����www.theaddress.info
The Address
LUXURY HOMES AND INSPIRED LIFESTYLES AROUND THE WORLD