Sotheby’s International Realty Brand Enters India

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Sotheby’s International Realty Affiliates LLC today announced it has signed an agreement with RealPro Infra Private Ltd. to develop the Sotheby’s International Realty® brand in North India with the opening of North India Sotheby’s International Realty.

Amit Goyal is co-owner and chief executive officer of the firm, which will serve the luxury residential real estate market throughout Northern India.  The first office begins operations in September 2014 in New Delhi followed by Gurgaon, Noida, Chandigarh and Jaipur.

“Northern India is one of the most exciting, beautiful and fastest growing markets in the world, with a developing luxury real estate market,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC.  “Expansion into India was one of our core objectives for this year, and I am proud to welcome Amit and his team to our global network.”

“We are delighted to become part of the Sotheby’s International Realty worldwide network,” said Goyal.  “The luxury residential real estate market in India is beginning a period of expansive growth and the Sotheby’s International Realty brand will meet the needs of high net-worth individuals internationally looking for luxury homes in India and overseas using the brand’s global platform. We also envision future appointments of exclusive representation of luxury residential properties.  India’s luxury residential market is poised to grow rapidly, supported by strong economic growth, and we are in an ideal position to lead this growth by leveraging the Sotheby’s International Realty global platform.”

The Sotheby’s International Realty network currently has more than 15,000 independent sales associates located in approximately 720 offices in 52 countries and territories worldwide.  North India Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website.  In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.  Each office is independently owned and operated.

Luxury Real Estate Headlines: Third Week in June 2014

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Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

12.500.000 kr | Stockholm, Sweden | Sweden Sotheby’s International Realty

House Hunting in … Sweden – The New York Times 

Real estate is quite healthy for the whole of Sweden,” said Lars Andersson, the chief executive of Sweden Sotheby’s International Realty. “We are blessed with a lot of attractive coastline.” It is possible to find a small stuga, or cottage, for about $1 million. “If you are willing to jump on a ferry or take your own boat out to an island with no car connection, you can find something quite beautiful for half.”

House of the Day: Over the Moon in La Jolla -The Wall Street Journal

Sotheby’s International Realty Featured Estate of the Week: Timeless and Sophisticated Villa -Haute Living

What You Get for … $1,300,000 -The New York Times

On The Market: A Classic Seaside Getaway on Martha’s Vineyard – Architectural Digest

Sotheby’s International Realty Brand Enters Luxembourg – Sotheby’s International Realty

Sotheby’s International Realty launches global referral platform powered by Immobel – Inman News

Here’s What Wealthy People Want In Their Luxury Homes – Business Insider

The only way is up: Balearic property prices soar – The Telegraph

Luxury Homeowners Snub the Open House – The Wall Street Journal

House of the Day: Swim-Up Estate in Palm Beach – The Wall Street Journal

Rare Stamp Sells for $9.5 Million – ABC News

SLIDESHOW: History of Art in Ten Works at Sotheby’s – Artinfo UK

John Lennon & Jimi Hendrix & Bob Dylan personal items at Sotheby’s auctions NY – Yareah Magazine

Sotheby’s International Realty Brand Enters Luxembourg

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Luxembourg_photo_WikiSotheby’s International Realty Affiliates LLC today announced that Luxembourg Real Estate Partners S.A has joined its network and now will do business as Luxembourg Sotheby’s International Realty.

The firm, which is managed by Philippe Vermast, serves the high-end real estate market in Luxembourg and surrounding towns. The Sotheby’s International Realty® network now has approximately 150 offices across Europe, Middle East and Africa with the addition of Luxembourg Sotheby’s International Realty.

“Our expansion into Luxembourg strengthens our presence across Europe and continues our commitment to providing access to the Sotheby’s International Realty network’s exclusive real estate services in key markets around the world,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “Luxembourg is the seat of several institutions and agencies of the European Union and ithas a rich history and heritage.  We are proud to be able to represent the fine real estate found throughout the country.”

According to Vermast, the Sotheby’s International Realty brand has the reach and recognition needed to serve a market that consists of a large percentage of foreign residents.  “People are moving to Luxembourg from all parts of the world to take advantage of its high quality of life, strong education and employment, as well as its many financial advantages,” he said. “We have many years of local real estate experience and can communicate in multiple languages. Our rich cultural heritage and sense of constant innovation are the main reasons for the broad choice of architectural styles found here, which range from classical townhomes to contemporary family residences. For a small country, we have a lot to offer and people from all over the globe are realizing it.”

The Sotheby’s International Realty network currently has more than 15,000 independent sales associates located in approximately 700 offices in 54 countries and territories worldwide. Luxembourg Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global website.  In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.  Each office is independently owned and operated.

Sotheby’s International Realty Brand to Enter Beijing

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Sotheby’s International Realty Affiliates LLC today announced it has secured approval to conduct business in mainland China, and has signed an agreement with Beijing Xin Rui Zeng Yi International Real Estate Brokerage Co. Ltd., which is owned by Plus Investment Holding Group (Beijing), to open Beijing Sotheby’s International Realty.

Liu Gang will serve as chairman of Beijing Sotheby’s International Realty, Kevin Corbett will serve as chief executive officer, and Jim Hao as general manager. Beijing Sotheby’s International Realty is scheduled to open in the first quarter of this year.

“Doing business in China is a key milestone for our brand,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “In September 2012, Sotheby’s became the first international auction house licensed to conduct auctions in China through its joint venture Sotheby’s (Beijing) Auction Co., Ltd. Concurrent development in China has been a priority for the Sotheby’s International Realty brand for the last several years. We strongly believe that under the leadership of Mr. Gang and Mr. Corbett, the Sotheby’s International Realty brand will have a strong foothold in Beijing, China’s capital.”

“Our team has extensive experience with high-end consumer goods, and together with the Sotheby’s International Realty brand’s global reach, we can combine our local knowledge to create a trusted resource for those seeking to invest in Beijing’s real estate,” said Gang. “We look forward to further growth and expansion in the key luxury markets of mainland China.”

With the opening of Beijing Sotheby’s International Realty, the Sotheby’s International Realty® brand will have 27 offices throughout Asia in Australia, Beijing, Hong Kong, Japan, New Zealand, the Philippines, Taiwan, Thailand and Vietnam.

The Sotheby’s International Realty network currently has nearly 14,000 sales associates located in approximately 680 offices in 49 countries and territories worldwide. Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the network’s brokers and clients benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

10 Romantic Homes For Valentine’s Day

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With Valentine’s Day around the corner, we’ve collected some of our most romantic homes from around the world. From whimsical love stories to wedding cake forms, these unique homes are surely to set your heart on fire.

Carefree, Arizona

$4,290,000 USD | Carefree, Arizona | Russ Lyon Sotheby’s International Realty

Nestled on Black Mountain, this spectacular landmark home is known as The Wedding Cake House for its layered arched porticos on three different levels which resemble to many the icing layers on a wedding cake. Elements of the design were inspired by the legendary Italian Renaissance architect Andrea Palladio. There also is a rock above it that is called the Bride and Groom rock because it resembles a couple kissing.

Lloyd Harbor, New York

$3,495,000 USD | Lloyd Harbor, New York | Daniel Gale Sotheby’s International Realty

Pulpit Rock is a one of a kind French Provincial-style home with traditional details inside and out. The owner named the house after the place where he proposed to his wife, which was also the location of their first date.

Riceville, Tennessee

$2,150,00 USD | Riceville, Tennessee | Alliance Sotheby’s International Realty

Reminiscent of the English countryside, Holly Hill is a classic manor estate along the rolling foothills of the Tennessee Smoky Mountains with lavishly landscaped grounds of formal and informal gardens. Built in the early 1950′s for the late British paper magnate, Sir Eric Bowater and his wife, Lady Margaret. The estate was designed by New Orleans architects—it is said to be a Colonial mansion on one side and a Southern Mississippi plantation on the other.

Belvedere, California

$7,950,000 USD | Belvedere, California | Decker Bullock Sotheby’s International Realty

Known as The Pink House, this iconic home is Belvedere’s most authentic example of the Mission Revival style. Built in 1912 by J. M. Howells at the height of the style’s popularity, the home showcase curved parapet at the gable ends, quatrefoil windows and tile roof.

Anacortes, Washington

$9,800,000 USD | Anacortes, Washington | Realogics Sotheby’s International Realty

Situated on more than 87 woodland acres, this rustic log-style retreat has a wedding chapel and reception hall on the property which has been the location for numerous weddings including the owners son.

Hopedale, Massachusetts

$800,000 USD | Hopedale, Massachusetts| Mathieu Newton Sotheby’s International Realty

Though not in the South, this circa 1897 post Civil War era home echoes the romanticism of Gone With The Wind period. The home was lovingly converted from Italianate to the Queen Anne Victorian style in the early 1900′s by the inventor and entrepreneur William Lapworth for his wife, who adored Victorian architecture.

Cote d’Azur, France

$13.000.000 € EUR | Cote d’Azur , France | Cote d’Azur Sotheby’s International Realty

What is more romantic than an old mansion surrounded by its French gardens, ornamental lakes, fountains and a Mediterranean patio covered with green ivy? Designed by architect André Svetchine, this sublime mansion is a very rare estate with beautiful high ceilings and spacious living spaces that opening onto two terraces.

Con Dao, Vietnam

$1,700,000 USD | Con Dao, Vietnam| Vietnam Sotheby’s International Realty

Six Senses Con Dao is located off the southeast coast of Vietnam in a dramatic archipelago of 14 islets. Each villa is equipped with a private infinity pool and boast amazing vistas which allows couples to forget about the crowd and enjoy their own time in their own pavilion. The villas are filled with dim lights and soft music played from the equipped iPod docking station. For the utmost romantic ambiance, have a moonlit dinner on the private beach.

Los Angeles, California

$4,223,232 USD | Los Angeles, California | Sotheby’s International Realty – Sunset Strip Brokerage

Legend has it that this Hollywood home was built for the silent film era’s “Most Beautiful Girls in the World,” Barbara La Marr. Hidden above the Los Angeles strip, this estate has a prohibition-styled pub and theatre room perfect for a nip-on-the-sly.

Venice, Italy

1.680.000 € EUR | Venice, Italy | Venice Sotheby’s International Realty

Palazzo Molin del Cuoridoro is located in San Marco, lying in the heart of the historic city of Venice. Just steps from the Piazza San Marco, “the most beautiful drawing room in the world,” this 15th century Venetian Palazzo was the residence of Mozart in the 18th century. Today the building been converted into prestigious a residential complex of 18 apartments.