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February 2017

Found 16 blog entries for February 2017.

E&V News

Behind The Sale: Wayne Gretzky's $6 Million Los Angeles Estate
Wayne Gretzky recently sold his Los Angeles estate in Sherwood Country Club for $6 million.

Private Island in Lower Keys Listed for $6.9 Million 
The Real Deal
Melody Key has a three-story home that gets power from the sun and desalinated water from the sea.

A Sprawling Log Home in Quebec's Prestigious St. Andrews Neighborhood
Mansion Global
This cozy mountain retreat is built of British Columbia cedar.

Engel & Völkers Partners With NAGLREP
Engel & Völkers North America has partnered with the National Association of Gay and Lesbian Real Estate Professionals (NAGLREP).

Bond Voyage: 184-Foot Yacht Featured in 'Skyfall' Is for Sale for $9.5 Million
You only

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By Charles Kim

There is a vast selection of online resources ready to show you a number of new homes for sale right now. But before you begin clicking on photos of indoor pools and home cinemas, the best first step is to find out how much mortgage you can afford, according to Leah Tozer, from Engel & Völkers Long Beach, New York. 

Leah recently joined two other top real estate executives at a round table sponsored by Chase to discuss home buying tips for the serious buyer.

"At the end of the day, it's more important for me to know [my clients] are not eating peanut butter and jelly sandwiches every day and that they actually have a life," Tozer says. "Getting someone a place to live is more than just the property itself. It's the lifestyle

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How will Engel & Völkers help your clients?

We still have a team of 12 great agents now called Advisors, but the tools we have will help the buyers and seller are outstanding.  It’s a German based company so it is organized and we have systems in place.  No Advisor can answer where a buyer is coming from but Engel & Völkers allows a property to be marketed effectively worldwide.  It is the ONLY real estate company where their Advisors around the world are truly connected by their culture and their technology which includes a global MLS system.  So you can go on our website and look at properties in France, Hong Kong, Switzerland and now the only Caribbean Island Cayman Islands. Because of our huge buying power of Engel & Völkers enjoys, we can now

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Become an Investor in Real Estate in Cayman! Do you want to buy a second property in Cayman and rent it out for an income?  Have your tenants pay your down your mortgage? Sound like a superb idea there is nothing cleverer than building your wealth by investing in bricks and mortar, start early to grow your real estate portfolio.

How do you start? Educate yourself about the market, search out a full time CIREBA trained Agent at Engel & Volkers that you like working with and that know you are looking for a solid investment.  Start saving up your down payment, you will need at least 30% down if it is your second home.  Some things to think about are, location, where is the best area to buy in for the rental market?  One great area is West Bay as this is

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E&V News

This $6.9 Million Villa Comes With Its Own Private Island
Bloomberg Pursuits
On Florida's Melody Key, a three-bedroom villa is powered by solar panels and gets its water from the sea.

Vail Tops List of Highest Priced Locations for Ski Properties in North America
The highest average sales price for ski properties in North America in 2016 was recorded in the posh ski resort town of Vail, Colorado.

Engel & Völkers Expands Into Montana
Engel & Völkers North America has expanded into Montana, recently opening shop in Bozeman, the company announced. 

North America

Why Falling Home Prices Could Be a Good Thing
The New York Times
The virtues of homeownership are so ingrained in the American psyche that we often forget that

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By Julie Pellestor 

Warm, dependable fires have kept up humankind for quite some time now, but today’s well-designed, modern fireplaces have proven there’s more to it than just survival. Contemporary fireplaces can provide warm accents, seamlessly blend into the layout of any room or stand out as a striking focal point, so here are some options to consider when you’re looking to warm your fingers and toes on something new and more eye-catching than a wood-burning stove.

Abandon your ax and stop chopping down those trees. As alternatives to a wood-burning fireplace, consider gas or ethanol ones. Powered by natural gas, many gas fireplaces are easy to start and can be operated with the single touch of a button. Their flames give a nice nod to

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Great questions, many people want to visit a warmer part of the earth this time of year. If you live on the east coast, it will take you at least 15 hours to get to Hawaii. If you get a direct flight from Toronto or even NYC you can leave in the morning and be on Seven Mile Beach in Grand Cayman by 2pm sipping on some refreshing beverage.   I am typing this while my family is skiing in some deep power in British Columbia, Canada.   The sun is shining and it is beautiful but I am so happy I am sitting by the fire.  Here are some direct flights that fly to Cayman Islands such as from Atlanta, Charlotte NC, Dallas and Houston Texas, Tampa and Miami Florida, Toronto, Canada on WestJet and Air Canada, Kingston and Montego Bay, Jamaica, Havana, Cuba, London via

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Banks and Valuation in Cayman Islands


All the local bank, such as Royal Bank, Scotiabank, First Caribbean International Bank, Butterfield Bank except Cayman National Bank, Fidelity Bank and Credit Union use a system called “NAS”.  It is an independent system out of Toronto, Canada where the banks chose a Valuator to fill out a 5-page report gives a broad, analytical assessment of 3 comparable properties, I am told they also send along other detailed reports and comps with the NAS report to the bank.  Sometimes there is not enough room in the report to outline all the special details of the home that makes a house worth more than their next-door neighbor.  The bank chooses from a group of professionals at RICS to do this important step in the

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By Katelyn Castellano 

Built-in shelves can add grandeur, sophistication and dimension to a room, but they can also hold quite a lot of responsibility. Silly, you say? The modern-day "shelfie" is proof that today's shelves have a whole lot to say about homeowner personality – these aren't your grandmother's bookcases. So if you find yourself face-to-face with a blank canvas, consider using books as your secret design weapon to create the perfect blend of style, charm and identity for your home décor.

  1. Where to Start: 
    Browse the books you have in your home that mean something to you. Consider purging or donating some of your guilty pleasure paperbacks and focus on classics or hardcovers that you enjoy and that represent your interests. If you
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This Cayman Islands Blog is about how many hotels are there in Cayman. There is a really good selection of hotels, condos and less expensive dive resorts. There is 5* resorts located in the prime area of Seven Mile Beach, such as The Ritz Carlton,  Ritz Grand Cayman Marriott Beach Resort, The Westin Grand Cayman Seven Mile Beach Resort & Spa Westin and Kimpton Seafire Resort and Spa. Kimpton Those are the only hotels smack dab on the beach. There are other hotels such as Comfort Suites Cayman Comfort (near the Marriott) and Sunshine Suites Sunshine Suites (near the Westin) and just opening next month the Margaretville Beach Resort,  Margaritaville which was the old Treasure Island hotel, these 3 do not have direct beach frontage but they do have beach

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