Chesterton International Property Collection Autumn 2010

THE CHESTERTON PROPERTY MAGAZINETHE CHESTERTON PROPERTY MAGAZINE

INTERNATIONALPROPERT Y COLLECTION

AUTUMN 2010

INTERNATIONALPROPERT Y COLLECTION

AUTUMN 2010

With thousands of di#erent mortgage solutions available,

which one is right for you?

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT MAINTAIN REPAYMENTS ON YOUR MORTGAGE. Customers must be aged 18 or over. Chesterton will receive a share of the incomeearned from any successful introduction. Chesterton Private Finance is a trading name of Purely Financial Group Limited. Registered in England no. 06400104. Purely Financial Group Limited is an appointed representative of Mortgage Intelligence which is authorised and regulated by the Financial Services Authority.

We’ll help you navigate the mortgage maze.To $nd out more information or to request a callback from one of our fully quali$edadvisers call us on 0800 138 5440 or email enquiries@chestertonprivate$nance.co.uk

LONDON 1805Chesterton Private Finance

Welcome to the International Property Collection 2010A selection of prestigious properties from Chesterton

Front Page: Villas Valriche, Domaine de Bel Ombre, Mauritius $1,100,000 to $3,251,000For more information call International +44 (0)20 3040 8210 or e-mail [email protected]

The Chesterton International Property Collection magazine is exclusively published and printed by:

01803 849287 [email protected]

F

5 Hancock Road, London E3 3DAT

2010 is proving to be an interesting year. It appears that many economies around the World seem to have survived the worst of the global downturn but recovery is still proving to be more elusive than many anticipated. �e international property market remains challenging, but demand for prime property in the most sought after European destinations remains constant. �ose ready to buy are able to take advantage of the discounts available in many international markets.

Chesterton continues to seize opportunities as the year progresses. We are thrilled to addCape Town to our overseas network. �e football World Cup has given unprecedentedexposure to the beautiful country of South Africa and we are already seeing an increase in buyer interest for property in this part of the World.

�is edition of our International Property Collection has within it some of the best property available in any market. Whether you are looking to buy or sell, our specialist International department and colleagues around the Globe are ready to help you navigatean ever more complex international property market.

We look forward to working with you.

Andrew HawkinsHead of International

Leycol Publishing 5 Hancock Road London E3 3DATELEPHONE

020 8880 6000E-MAIL

[email protected]

©Leycol Publishing 2010. All rights reserved. Reproduction is forbidden except by express permission of the Publishers.The content of this magazine is believed to be correct but its accuracy is not guaranteed and it does not form part of anyoffer or contract. Leycol Publishing cannot accept responsibility for any omissions or errors.

For all Advertising enquiries please contact: Steven Hall 01548 560040 [email protected]

For all Print Sales enquiries please contact: Elizabeth Baxendale 07715 496853 [email protected]

020 8880 6001

Beautiful Chateau in the Tarn Villemur-Sur-Tarn, Tarn, France An old wine Chateau set in a unique position on the banks of river Tarn bene�ting from great privacy with 2 natural water boundaries & a walled frontage between the two gated entrances to the property. Features of the property include 6 hectares of park & woodland, 2 fenced paddocks on either side of the property, a “Pigeonnier” on its own hill in the deer �eld, a Tumulus surrounded by a dry moat within the private woodland and a bandstand.

€2,200,000

International

+44 (0)20 3040 8210 [email protected]

International Saleschestertonhumberts.com

15 8 8 4

Beautiful Sun Drenched Property Bay Of Cannes, France With 450m” of living space & 2,000m” of private grounds, this magni�cent villa o�ers 8 bedrooms & 5 bathrooms, a double reception room with home cinema facilities, a modern & fully equipped kitchen & an independent studio apartment. It also features views over the Bay of Cannes & the Esterel Hills, a wine cellar, a heated in�nity pool looking over the sea, an automated irrigation system, garage parking for 2 cars & 11 plasma TV screens.

€6,000,000

International

+44 (0)20 3040 8210 [email protected]

Picture by Elodie Willem

8 5 4 1

Superb Chalet in SamoensHaute Savoie, France �is chalet is located in the little hamlet of Mathonex and set on a sunny south facing slope, with fabulous panoramic views of the surrounding Mountains. It o�ers 6 bedrooms & 350 sq m of living space. �e extensive & snow sure ski area of the Grand Massif can be accessed either at the Grand Massif Express cable car or at Morillon, just 2.5km away. Les Gets, Morzine & the Portes du Soleil are only 30 minutes away.

6 1

€1,575,000

International

+44 (0)20 3040 8210 [email protected]


Le Hameau du TempleGarrigues Sainte Eulalie, Gard, France Le Hameau du Temple is a beautiful development consisting of 16 stone houses with views over vineyards. �e houses are being built in “pierre de pays” in order to conserve the beautiful architectural heritage of the region.All villas are unique in style & layout. �ey all bene�t from a private swimming pool, terrace & covered patio. From 3 to 4 bedrooms, with private garage and allocated parking, these villas will be built according to your preferences.

from €681,000 to €850,000

International

+44 (0)20 3040 8210 [email protected]

3-4 2-3 4 3

PGA Golf CatalunyaGirona, Spain Spacious & exceptionally �nished detached homes & town homes set on a 300 hectare estate bordered by ancient forests, lakes & parkland.�e estate comprises an existing hotel, a luxurious clubhouse & plans for a further 50 room boutique hotel. Golf membership is limited tojust 350 individuals per course (owner membership). �e estate also features an exclusive sports club with tennis, paddle pool & gym. An agreement with Beach Club in Costa Brava & Sky Resort in the Pyrenees allows use of local equestrian centre & helicopter facilities.

€625,000 to €2,495,000

International

+44 (0)20 3040 8210 [email protected]


3-4 3-4 1-2 4

Superb Apartments in the SunCala D’Or, Mallorca Superb development situated in the South East of Mallorca in Cala D’Or, a lively tourist resort set around the marina & several sandy coves of outstanding beauty including protected natural park area of Mondrago. Chose from a ready Phase 1 & newly released building C of Phase II available late spring 2011 - both with 2 bedrooms, 2 bathrooms, communal swimming pools, good size gardens for ground �oor & terraces for top �oor apartments.

from €200,600 to €236,750

International

+44 (0)20 3040 8210 [email protected]

2 2 1 2


Exceptional Homes in MarbellaCosta del Sol, Spain �is new residential project is set in the most exclusive & peaceful area of Marbella and consists of 53 new 2 & 3 bedroom apartments with 2 bathrooms; all with a renewed personality in design & functionality. �e development enjoys beautiful natural environment, free use of golf course, gym & paddle tennis & close proximity to amenities. �e completion date has been set for autumn 2011.

from €178,000 to €300,000

International

+44 (0)20 3040 8210 [email protected]


2-3 2 1-2 3

opening roof systemswww.vergolauk.com

76-78 Upper Wickham Lane, Welling, Kent, DA16 3HQ t: 0208 854 4437 f: 0203 247 1498

Enjoy your garden whatever the weather

Superb Apartment in Verbier Valais, Switzerland Outstanding apartment perfectly located near the centre of Verbier & the ski lifts. With 235 sq m of living space, open plan kitchen, 3 bedrooms, 3 bathrooms, a �replace & a beautiful sunny terrace o�ering panoramic views over the village & valley. 2 underground parking spaces & a ski room (24 sq m). Built with high quality materials, following the rules of traditional architecture & modern comfort – this is an elegant combination of interior design & modern functionality. �e apartment is sold furnished.

CHF 6,500,000

International

+44 (0)20 3040 8210 [email protected]

3 3 1 1


Exceptional Property on the Left Bank of Lake GenevaSwitzerland Stunning south facing property with lots of light & space, with heated outdoor swimming pool & beautiful views of Lake Geneva, the mountains & countryside. �e property has been refurbished recently & enjoys 330 sqm of living space on 3600 sqm of land, 5 bedrooms, 3 bathrooms, 2 balconies, large dining & living area, TV room, veranda with sliding glass doors, technical room, carport for 2 cars & additional parking for 3 cars.

POA

International

+44 (0)20 3040 8210 [email protected]

5 3 1

Podere CasanovaAsciano , Tuscany �is old Tuscan farmhouse is to be completely renovated & transformed into a villa of 500 sqm of the highest standards. It also includes a permit for a guest house of 120 sqm. �e property enjoys breathtaking views from every angle of the estate & is set between Asciano & Rapolano Terme on 4 acres of land, just 20 minutes south of Siena. Please visit www.casanova-siena.com for suggested renovations plans.

€1,045,000

International

+44 (0)20 3040 8210 [email protected]


5 5 3 1

Elegant Contemporary VillaVale do Lobo Resort, Portugal Beautiful 4 bedroom, 4 bathroom villa of elegant contemporary design & 300 sqm of living space, only a few steps from the beach, enjoyingincredible views over the surrounding nature reserve, right down to the Atlantic waves & Faro island. �e villa is of recent construction &comprises a living & dining room, fully �tted kitchen with breakfast bar, storage room & entertainment room. �e exterior terrace adjoiningthe pool has a barbecue area.

€3,400,000

International

+44 (0)20 3040 8210 [email protected]

4 4 1-2

�e HillKonakli, Alanya, Turkey �e Hill - a new landmark development in Konakli, moments from the popular resort of Alanya. It is an exclusive development of 1 to 3 bedroom apartments perfectly positioned on the hillside. Each apartment has unobstructed sea views. �e beach is only a 500m walk with the vibrant resort of Alanya a few minutes drive.

from €118,000 to €286,000

International

+44 (0)20 3040 8210 [email protected]

1-3 1-3 1 3


Villas Valriche Domaine de Bel Ombre, Mauritius 2 - 4 bedroom plantation style, detached freehold villas set on over 200 hectares of lush, tropical landscaped grounds bordering beautifulLe Golf du Château – a 9 hole championship golf course. With sports, tennis club and residents beach club. �e island of Mauritius is a true pearl of the Indian Ocean –its south west location ensuring an excellent year round climate.

from $ 1,100,000 to $ 3,251,000

International

+44 (0)20 3040 8210 [email protected]

2-4 2-3 1 4

Luxury Residence St James, Barbados �is stunning 4 bedroom/4 bathroom brand new home designed by a leading architect forms part of a highly acclaimed gated development. Set within the tropical gardens & surrounded by established high end residential areas of Turtleback Ridge. With a large wrap around covered terrace, large sun terrace & big negative edge pool, 3 large double bedrooms with en-suite bathrooms & a spacious master suite occupying the whole of the top �oor, this villa is a true family gem.

$ 2,950,000

International

+44 (0)20 3040 8210 [email protected]


4 4 1 2


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Golf de ValcrosLa Londe Set on a Golf Course domain, a stunning newly built villa with 5 en-suite bedrooms, several spacious living areas, all surrounded by many terraces & o�ering superb views onto the Mediterranean Sea & the Island of Porquerolles. Heated in�nity pool, pool house and double garage. Sole agency.

Sur un Golf, superbe villa avec 5 suites, nombreuses et spacieuses pièces de réception entourées de belles terrasses. Sublime vue merpanoramique. Piscine à débordement, pool house, garage. Exclusivité.

POA

St Tropez o�ce

+33 494 171 [email protected]

St Tropez Saleschesterton-saint-tropez.com

5 5 3 3

Les MauresLa Garde Freinet - St Tropez Extensive property with mesmerizing panoramic views of the unbuilt countryside set in over 7 acres of land with beautifully landscaped gardens. A total of 7 bedrooms with guest house & cottage/pool house. In�nity pool. Total privacy & quietness. Sole agency.

Superbe propriété de 3 hectares, dans le calme absolu, avec vue à couper le sou�e sur le massif des Maures. 7 chambres. 3 corps de bâtiment. Piscine. Très privatif.

€2,100,000

St Tropez o�ce


6 7 2 3

GassinBay of St TropezA well built 4 bedroomed villa situated close to Saint Tropez in a quiet residential area, extensive living rooms, surrounded by covered terraces. Lovely gardens with many mature trees, large pool, Jacuzzi & conservatory. Sole agency.

Charmante propriété proche de St Tropez située dans un domaine agréable. Fantastique jardin avec grande et belle piscine. Séjour avec cheminée, salle à manger, 4 chambres, bureau, véranda, de nombreuses terrasses. Exclusivité.

€1,100,000

St Tropez o�ce


4 3 3 3

St Tropez Saleschesterton-saint-tropez.com

Grimaud VillageBay of St TropezCharismatic house of some 110 m², situated in Grimaud’s medieval village. 2 terraces giving lovely views onto a peaceful ‘placette’ with fountain & the other one overlooking the village roofs & hills. A living room, a dining/kitchen area, 2 bedrooms & potential for extra bedrooms.

Authentique maison de village béné�ciant de 2 terrasses o�rant vue sur une charmante placette et par-dessus les toits sur les collines environnantes. Séjour, salle à manger/cuisine, 2 chambres. Potentiel pour chambres supplémentaires.

€595,000

St Tropez o�ce


2 2 1 3

Family Home with Character South District, Gibraltar A beautifully decorated 6 bedroom, 5 bathroom family home located within this private, well maintained, gated development o�ering itsresidents landscaped gardens & a cli�top communal swimming pool. �e property has been carefully refurbished keeping many of its original features. Distributed over 3 �oors provides spacious bedrooms with �tted wardrobes, a luxury kitchen & full height attic. �e top �oor is solely for the master bedroom, day room & home o�ce. Features include private front/back patio & 2 allocated parking spaces.

POA

Gibraltar o�ce


3-4 2 1

Gibraltar Saleswww.chesterton.gi

Mediterranean Villa In Santa Ponsa Mallorca Spacious, private & well appointed Mediterranean property located within close proximity to amenities including the new Super Port of Puerto Adriano. �e house consists of 5 bedrooms including a master suite of over 100 m2 with wood burning stove & porch, a dining room, music room, fully �tted kitchen/breakfast room with central island, guest or sta� bedroom suite, covered terrace, reverse cycle air conditioning, under �oor heating in bathrooms as well as swimming pool, covered barbecue & dining terrace.

from €4,500,000

Mallorca o�ce


Mallorca Saleschestertonhumberts.com

5 5 3 2

Sol de Mallorca Mallorca Exceptional south facing development situated only 10 minutes from Puerto Portals, overlooking one of the most beautiful bays in Mallorca, Portals Vells. Walk directly from your garden through the forest to a stunning white sand beach below! �e house features: 4 bedrooms, 3 bathrooms, 40 sqm in�nity pool, lift, landscaped gardens, aged marble throughout, solid teak carpentry throughout , under �oor heating throughout, AC throughout, Phillipe stark bathrooms, Poggenpohl kitchen, Video/Audio system from Bang & Olufsen.

from €2,250,000

Mallorca o�ce


4 3-4 1

Mallorca Saleschestertonhumberts.com

For a bespoke con0dential service, call us today on +44 (0)207 594 0594 or email [email protected] open an account with us online at www.baydonhillfx.com

Do you stilluse your bank

for foreigncurrency

exchange?

We have a wide range of products and services. So whether you are purchasing or selling a house abroadand want to safeguard yourself against currency market 1uctuation, emigrating, repatriating funds backto the UK, or if you need to make regular overseas payments for a mortgage or pension – we can help you.

Did you know that by using Baydonhill FX you could save thousands of pounds on your currency exchange?

Westlake AvenueTokai, Cape Town, South AfricaTriple storey home with uninterrupted views of Constantia Valley & False Bay. Set on a secure estate at the foot of the Silvermine mountainsboasting a lifestyle centre with a gym, indoor exercise pool, residents’ lounge & function facilities. �e property features spa bathroom with steam room & sauna, �replace, built-in barbeque & pizza oven, Poggen Pohl kitchen, library, bar, cellar, wireless network, automated irrigation & garden lighting. Westlake & Steenberg golf courses & Steenberg Village Shopping Centre are close by.

ZAR 10,500,000

South Africa o�ce


South Africa Saleschestertonhumberts.com

7 8 2-3 3

Wonderful penthouse Alisa Building, Moscow �e 23rd �oor penthouse of the Alisa building boasts 5 meter ceilings & more than 800 square meters of living space, including a 90 square meter outdoor terrace, where one can enjoy breathtaking views & pure air due to the nearby forest. 3 meter tall window throughout provide a 360 degree view of Moscow. �e residence includes 4 bedrooms.

POA

Moscow o�ce

+79 091 615 811 [email protected]

Moscow Saleschestertonhumberts.com

4 3 3 1

From our offi ce in Tripoli we can assist with:

Property agency and leasing (commer re

Property management

Investment valuations

Development consultancy

Representation of landlord and tenant

Market research fi

Chesterton is the fi rst global property consultancy to venture in to the emerging Libyan market.

Libya Offi ce:

Tel: + 218 (0) 21 3362395 / 96 / 97 Email: [email protected]

chesterton.ly

Chesterton International LLCOffi ce M003Pearl PlazaKhalidiyaAbu DhabiUnited Arab EmiratesPO Box 128983

Telephone +971 2 639 0863Fax +971 2 639 0853Email [email protected]

Chesterton UAE is one of the leading estate agents in the United Arab Emirates. We offer property advice on residential and commercial property for sale and to let.

Our global network of 70 branches includes 58 UK branches which are well placed to cater to the needs of our International clients.

Our Global Corporate Services Include:

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Onslow SquareSouth Kensington SW7Originally 2 separate apartments converted over twenty years ago, this exceptionally rare & elegant south facing 2nd & 3rd �oor lateral property (with lift & resident caretaker) extends to 3,237 sq ft (excluding 4 basement storerooms) & is located in the middle of the north terrace with an uninterrupted view over the magni�cent communal gardens from eight windows.

£6,500,000 share of freehold

Chelsea & South Kensington o�ce

020 7594 4740 [email protected]

Chelsea & South Kensington Saleschestertonhumberts.com

Chesham PlaceBelgravia SW1A beautiful & recently refurbished duplex apartment featuring a large reception room with a high ceiling & hardwood �oor. �is lovely �at is on the 2nd & 3rd �oor of a handsome period conversion on the edge of Motcomb Village & provides 2 double bedrooms, 1 reception room, 2 bath/shower rooms, kitchen & lift.

£2,300,000 guide price

Knightsbridge & Belgravia o�ce


Knightsbridge & Belgravia Saleschestertonhumberts.com

Upper Grosvenor Street Mayfair W1 A stunning 2,103 sq ft Mayfair apartment located on the 1st �oor of a most impressive period Portland stone building with direct lift access. �e property features magni�cent rooms with high ceilings & period features throughout. �e accommodation comprises 36ft reception/dining room, �tted kitchen, master bedroom with en-suite bathroom & dressing room, 2nd bedroom, study/bedroom 3, shower room, terrace & balcony. Long lease.

£5,500,000 leasehold

Mayfair & St James o�ce


Mayfair & St James Saleschestertonhumberts.com

£11,282,000freehold

Kensington and Notting Hill o�ce


Kensington & Notting Hill Saleschestertonhumberts.com

Queensberry Place South Kensington SW7 A substantial 7 bedroom end of terrace, stucco fronted house in this highly desirable location in the heart of South Kensington. �e house has been completely re-modelled in the last few years & o�ers great �exibility in layout. �e decorative �nishes are eye catching & the �xtures include a contemporary kitchen, dramatic wood built wardrobes & bookshelves & modern bathrooms. �e receptions are large & commanding & other rooms include a media room, inspiring master suite & a sauna.


Kensington and Notting Hill o�ce


Kensington & Notting Hill Saleschestertonhumberts.com

Court�eld Gardens Kensington and Notting Hill SW5 A spectacular architecturally designed 3 bedroom duplex focusing on space & light. �e layout is refreshing in the way the property �ows from one area to the next. �e neutral decoration & simple lines highlight the materials & �xtures that were meticulously selected. �e property bene�ts from access to the garden square & views over the gardens & church.

Hyde Park GardensHyde Park W2A stunning 3 bedroom penthouse apartment which has been refurbished with state of the art technology & wonderful interiors. �e apartment is extremely well laid out & has a lovely south facing terrace with views over the mature communal garden with Hyde Park beyond. Hyde Park Gardens is one of the most prestigious locations overlooking the Park.


Hyde Park & Marylebone o�ce


Hyde Park & Marylebone Saleschestertonhumberts.com

�e Glass HouseCovent Garden WC2A beautifully presented 3 bedroom apartment located in one of Covent Gardens premier developments. �e apartment o�ers spacious & �exible accommodation together with all of the attributes of a contemporary block.


Covent Garden o�ce


Covent Garden Saleschestertonhumberts.com

Randolph Avenue Little Venice W9 Fantastic opportunity to acquire a marvellous garden maisonette in the heart of Little Venice. �is 3 double bedroom, white stucco �at, backs directly onto a large private garden & is moments from the amenities of Clifton Road. Amongst its many highlights are 3 bedrooms, 3 bathrooms, reception room, conservatory, kitchen/dining room, high ceilings, utility room, WC, own entrance & good storage.

£1,995,000 share of freehold

Little Venice o�ce


Little Venice Saleschestertonhumberts.com

Albert Street Camden NW1Rarely available is this stunning 5 storey Georgian house in arguably one of the best roads in Camden. O�ering ample living space with 4 spacious bedrooms, roof terrace & delightful garden. Located moments from Regents Park & Camden Market.

£2,250,000 freehold

Camden & Regents Park o�ce


Camden & Regents Park Saleschestertonhumberts.com

Tower Bridge Saleschestertonhumberts.com

Canada Wharf Tower Bridge SE16�is stunning 2 bedroom apartment set within this beautiful listed riverside warehouse conversion boasts superb uninterrupted river views incorporating breathtaking views towards Canary Wharf. �e apartment retains many original features.

£685,000 leasehold

Tower Bridge o�ce


MillharbourIsle of Dogs E14A spectacular 13th & 14th �oor duplex penthouse in the well located 41 Millharbour development located close to South Quay DLR & within walking distance of Canary Wharf ’s �nancial district. �e property boasts an enormous reception, separate dining room & 2 sizeable terraces overlooking the Millwall Dock. On the 13th �oor are 3 double bedrooms, the master suite features a luxurious bathroom & a large walk in wardrobe. Extending to approximately 4,000 sq ft internally, this is one of the largest penthouses available in the Canary Wharf area. O�ered on a chain free basis.


Canary Wharf & Docklands o�ce


Canary Wharf & Docklands Saleschestertonhumberts.com

Ellerby StreetBishops Park SW6 A substantial 5 bedroom, 4 bathroom semi detached family house o�ering extraordinary potential to extend located on this highly sought after Bishops Park road currently extending to approx. 2,282 sq ft with a stunning 54ft x 22ft garden.


Fulham New Kings Road o�ce


Fulham New Kings Road Saleschestertonhumberts.com

Christchurch Road East Sheen SW14 A stunning detached, double-fronted Victorian house in excess of 6,100 sq. ft. on one of Parkside’s premier roads, with a private south facing garden of 135 ft. �e property has been completely updated & features a 3 storey rear extension & a self contained annexe at the side. �e house o�ers 2 �oors of �exible reception space featuring a large, high speci�cation kitchen/reception area on the lower ground level leading onto the garden, as well as a more formal dining room. Set behind electric security gates, there is o�-street parking for 2-3 cars as well as a garage.


Sheen o�ce


Sheen Saleschestertonhumberts.com

More and more private individuals are lookingto purchase or sell property and other overseas assets. Many who already own anoverseas property will be paying monthly payments on a foreign mortgage. Others whohave decided to live overseas have their pensions transferred into the local currency.Foreign exchange plays a large part in manypeople’s financial planning.Many people who are purchasing or selling

an overseas property or asset are at the mercyof the currency markets and so never knowfrom one day to the next what they are eitherpaying or receiving in monetary terms. Thecurrency markets are driven by speculation,geo political events, economic fundamentalsand outlook, interest rate yield differentialsand sentiment to name a few drivers. As anexample of market volatility the UK Poundfell from 1.4500 in the summer of2007 to 1.0350 at the end of 2008.That is a movement of 28.5% or in monetaryterms, for every 100,000 Euros which neededto be purchased the cost had risen from£68,965.51 to £96,618.35. Of course, that is anextreme movement over a 16 month periodbut anyone who had planned to purchase aproperty in Europe over that period had to seriously adjust their budgets & expectations.Better news for euro buyers so far this year inthat Sterling has appreciated from around1.1000 in March to the current levels of 1.20++an upward movement of around 10% butwhere there is a winner there is a loser....inthis case those looking to sell their Europeanproperties and convert the sale proceeds backfrom Euros to Sterling are now looking at lessPounds for their money than in the spring.So what can be done to help

mitigate such market volatility &financial risks?A currency broker at Baydonhillfx will not

only guide you through the currency buying /selling process but also help you implement astrategy of risk control. Many asset sale / purchases take many months to come tofruition and one way of guaranteeing a foreignexchange price is to enter into a forward contract whereby a rate of exchange that isderived from the current rate of exchange iscarried forward to a point into the future normally for a maximum of 24 months. Thistype of contract would require a deposit. Theupside to a forward contract is that if the rateof exchange was to fall against you over theperiod then you would be protected againstthat fall as a price had been guaranteed for afixed period of time. The downside to a forward contract is the reverse. Should therate of exchange appreciate over the forwardperiod then you would miss out on that additional gain asonce again a pricehas been guaran-teed for a period oftime.Sometimes it is

beneficial not torush into the market but entrusta currency dealerto either rate watchor enter into a limitorder. A rate watchservice is where adealer is instructedto just watch themarket perhaps

with a price target in mind and should therebe any intraday spikes or falls in the value of acurrency the dealer will call and let you knowwhat is happening. A limit order is where aprice which is not currently available is givento a dealer to try and achieve. If that price isreached then the contract is automatically executed in the market. Any one or combination of the above is

available through Baydonhillfx. Baydonhillfx has helped tens of thousandsof people buy and sell international currencyover the last ten years and is now one of themajor providers of foreign exchange in the UK.We offer a bespoke, confidential service

where we can save you up to 4% when compared against your high street bank on commercial size foreign exchange transactions. For a bespoke confidential service, call us

today on ++4444 ((00))220077 559944 00559944 or email bbrruuccee..bboorrrriiee@@bbaayyddoonnhhiillllffxx..ccoomm

Wimbledon Village Saleschestertonhumberts.com

Coomtata Wimbledon Village KT2A unique opportunity to acquire a substantial plot with granted planning to build a magni�cent 7 bedroom 15,005 sq ft house set over 4 spacious �oors with swimming pool, cinema, gated driveway & gardens within a plot of around 0.6 acres.


Wimbledon Village o�ce


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Chesterton International Network

France –St. Tropez

United Kingdom

Italy –Lake Como

GibraltarSpain – Mallorca

UAE – Abu Dhabi

Singapore

Australia – Sydney

Australia – Brisbane

South Africa – Cape Town

Libya – Tripoli

Russia – Moscow

LibyaSuite 112 Floor 11,Burj al Fatah TowersTripoli, Libya T: +218 213 3623 95/96/97E: [email protected]

South Africa28 Angus AvenueConstantia, Cape Town 7806T: +27 21 7947369www.chestertonza.com

Singapore9 Temasek Boulevard#06-01 Suntec Tower TwoSingapore 038985T: +65 6221 8288www.chesterton.sg

Sydney Level 41, Citigroup Centre2 Park Street Sydney, NSW 2000T: +61 2 8238 0000

North SydneyLevel 2, 181 Miller StreetNorth Sydney, NSW 2060T: +61 2 9925 0000

Brisbane100 Wharf StreetBrisbane, QLD 4000T: +61 7 3222 3000www.chesterton.com.au

FranceQuartier Saint Roch83310 Grimaud VillageT: +33(0)4 94 17 11 17E: [email protected]

Gibraltar20 Ocean Village PromenadeOcean VillageT: +350 200 400 41E: [email protected]

ItalyPiazza Oratorio 3Tremezzo 22019 (co)T: +39 0344 41798E: [email protected]

RussiaNovinsky blvr 8 9 FloorLOTTE Business Center Moscow,121099T: +79 091 615 811E: [email protected]

Spain – AssociateVida Balear SL, Paseo Maritimo 907014 Palma de MallorcaT: +34 971 450 422E: [email protected]

Abu DhabiOffice M003, Pearl Plaza, Khalidiya, PO Box 128983, Abu DhabiUnited Arab EmiratesT: +971 2639 0863 E: [email protected]

United Kingdom31 Lowndes Street Knightsbridge London SW1X 9HXT: +44 (0)20 3040 8210 E: [email protected]

AFRICA

ASIA

EUROPE

MIDDLE EAST

INTERNATIONAL HEAD OFFICE

International Offices

AUSTRALIA

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Documents

Chesterton International Property Collection Autumn 2010