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MALIBU, CA – Six U.S. properties and three international developments have
been selected as the world’s hottest “ground floor” investment
properties by the
editors of Robb Report Vacation Homes, a quarterly
luxury lifestyle publication
devoted to the exclusive world of multiple
home ownership.
Showcased in the magazine’s new Spring issue, these developments have been
selected “because they represent the best opportunities for our readers
to buy
into a new luxury development ahead of the crowd,” according to
Editor in Chief
Adele Cygelman.
The list includes the following U.S.-based properties:
• Fontainebleau Hilton Resort (Miami Beach,
Florida) One of the
world’s legendary hotels, the palatial
Fontainebleau recently underwent a $400
million restoration, which
included refurbished guestrooms and baths, a rock
grotto swimming pool
and two grand lobbies, as well as the opening of “Bleau
View”
restaurant. In addition to the fabled hotel, the property includes the
36-story Fontainebleau Tower and the 18-story Fontainebleau Ocean Club
condo
hotel.
• Pronghorn (Bend, Oregon) A new luxury community
encircled by nearly
20,000 acres of undeveloped federal land, Pronghorn
capitalizes on the wealth of
recreational activities at its
doorstep. Prospective homebuyers can
purchase $400,000 to $1.8
million in half-acre and full-acre homesites
overlooking the Cascade
Mountains, golf courses or the high desert.
• Luxuria (Boca Raton, Florida) An exclusive enclave
with just 23
units, Luxuria will be constructed on a 2.5 acre tract of
beachfront property on
South Ocean Boulevard. Targeted for
completion in 2007, Luxuria will offer
4,500- to 25,000-square-foot
residences at prices ranging from $4.5 million to
$25 million. In
addition to its spacious residences, this exclusive
development will
feature a two-story marble-tiled lobby with a gravity-defying
“water
wall,” fitness center, theater, oceanfront lounge, catering kitchen,
library and private beach club with two swimming pools.
• Hualalai at Historic Ka’upulehu (Hawaii) Situated
between two golf
courses, these 11 newly released oceanfront
residential opportunities include
eight “hales” (patio homes) and three
premium homesites. Offering an
abundance of indoor/outdoor living
spaces, each home features “Hawaiian
craftsman” construction, with
extensive use of hardwoods, stone and glass.
Prices range from
$2.5 to $4.4 million.
• Apogee (South Beach, Florida) A 67-unit project to
be built on the
last available waterfront parcel in the glamorous
“South of Fifth” section of
South Beach, Apogee will offer residences
ranging from 3,103- to 6,904
–square-feet and priced from $3 million to
$15 million. Each unit will feature
every imaginable luxury, including
sophisticated appointments, AMX Interactive
smart panel access to a
wealth of on-site services, and private elevators, or
the utmost in
privacy.
• Palmetto Bluff (South Carolina) A 20,000–acre
development located
less than 10 miles east of Hilton Head, Palmetto
Bluff offers the dynamic
topography and laidback charm of the
lowcountry. Following its opening
last year, approximately 10
percent of the community has already been sold, with
about 50 homes and
homesites becoming available every six months. Prices
will range
from $200,000 to $4.7 million for homesites and $1.3 million to $4
million-plus for homes. Attractions will include a Jack
Nicklaus-designed golf
course, a tennis and fitness center, equestrian,
fishing and boating
facilities.
• Old Course Hotel (St. Andrews, Scotland) Situated
on the 17th hole
of the legendary home of the British Open, is the
first international property
in the Destination Kohler family.
Upon completion, this renovation will
feature updates to all rooms and
suites, as well as the main lobby; an expanded
spa and a renovated
restaurant.
• Cielo Santo Villas (Costa Rica) Situated on Playa
Espadilla, Costa
Rica’s most picturesque beach, Cielo Santo is a
26-acre property that combines
both beachfront and jungle
terrain. Comprising up to 12
sold-to-order custom
villas, this luxury enclave will have full amenities,
including
concierge, clubhouse, swimming pools, nature reserves and beach
access. Villa prices will range from $2.5 million to $4
million.
• Ladycastle (Ireland) Located about 30 miles east
of Dublin on part
of the 550-acre Georgian estate, this elegant Irish
golf community is the
ultimate residence for those who love the
links. The resort’s centerpiece,
a 19th-century mansion hotel,
gives buyers the option of houses ranging from $2
million to $4.5
million (2,700 to 3,800 square feet), or apartments from $1.3
million
to $2.2 million (1,215 to 1,980 square feet). Interior
specifications include Gaggenau kitchen appliances, marble countertops,
wood and
limestone flooring and a choice of Villeroy & Boch or
Philippe Starck
bathroom fittings.
The first of its kind, Robb Report Vacation Homes is the
authoritative
resource for this market of ultra-affluent home owners,
buyers and sellers. Robb
Report Vacation Homes addresses the
unique needs and interests of owners, buyers
and sellers of the world’s
most exquisite and sought-after vacation properties.
The magazine explores all aspects of second, third and fourth home ownership,
including real estate investment opportunities, tax strategies,
maintenance,
home security and estate management. Robb Report Vacation
Homes features
extraordinary homes around the world, including the very
best in beachfront
properties, vineyard retreats, ranches, country
houses, gold resorts, mountain
chalets and equestrian estates.
The magazine examines up-and-coming
communities, with previews of top
developments that are just breaking ground.
Robb Report Vacation
Homes also explores the powerful new industry of private
residence
clubs and fractional home ownership. www.vacationhomes.com.
MEDIA CONTACT: Jeff Perlman Vice President,
Corporate Communications (310) 589-7780 jeffp@curtco.com
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