Hi Everyone, I’m really excited to be involved to help this great cause in the South Okanagan.Building confidence in youth is an important responsibility and along with my friends at Okanoggin Barbers, Spare Room Storage and Pam’s Sew Unique, we are excited to announce THE GRAD-FATHER FUNDRAISING EVENT!   This initiative goes beyond mere clothing, it is a gesture to boost confidence and prepare our youth for their future successes! Let’s join as a community in dressing our youth for success and empowering them for a bright future! Our hope is to provide a suit, shoes and prfessional haircut for one or more deserving students at as many local high schools as possible from Penticton Oliver, Osoyoos and Keremeos depending on turnout..   To purchase or Donate, please visit Okanoggin Barbers at 254 Ellis st Penticton, BC!  

The dream of owning your first home is one that many Canadians aspire to achieve. Especially now, saving up for a down payment can seem like a daunting task, but it never hurts to get started and that's where the First Home Savings Account (FHSA) comes into play. This government initiative is designed to try to help Canadians save for their first home by offering certain tax advantages and benefits. In this blog post, we will explore the ins and outs of the FHSA and how it can benefit prospective homeowners. Please see the official Site here for more information and specific answers. - https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/first-home-savings-account.html One of the key aspects of the FHSA is the contribution limits. As of 2023, individuals are allowed to contribute up to $8,000 per year and up to $40,000 total into their FHSA. Meanwhile, couples who are both eligible for the FHSA can contribute a combined total of $16,000 per year. These contribution limits are set by the government to ensure that the program remains sustainable and accessible to all Canadians. Eligibility for the FHSA is another crucial factor to consider. To be eligible, you must be a Canadian resident and at least 18 years old. In addition, you must not have owned a home in the previous four years. This criterion ensures that the FHSA is specifically targeted towards first-time homebuyers who are in need of financial assistance. When it comes to investments, the FHSA provides individuals with the flexibility to choose from a variety of investment options. This includes savings accounts, guaranteed investment certificates (GICs), mutual funds, and more. The choice of investment is entirely up to the account holder and their risk tolerance. It's important to note that all investment gains within the FHSA are tax-free, which can significantly boost the overall savings potential. Coexistence of the FHSA with other savings plans is another noteworthy aspect. Canadians who already have a registered retirement savings plan (RRSP) or a tax-free savings account (TFSA) can still take advantage of the FHSA. This means that individuals can continue to contribute to their RRSP or TFSA while simultaneously saving for their first home in the FHSA. This coexistence allows for even greater flexibility in financial planning and ensures that individuals can make the most of their savings potential. Lastly, let's touch upon the tax advantages of the FHSA. Contributions made to the FHSA are not tax-deductible, meaning that they cannot be claimed as deductions on your annual tax return. However, any investment gains within the FHSA are tax-free, which can provide substantial savings in the long run. When it comes time to withdraw funds from the FHSA for the purpose of purchasing a home, the withdrawals are also tax-free. This added incentive makes the FHSA an attractive option for Canadians looking to save for their first home. The FHSA must be closed either after 15 years or by the end of the year you turn 71, depending on whichever comes first. Unused FHSA contributions can be transferred tax-free to an RRSP or a Registered Retirement Income Fund (RRIF). However, withdrawals not used for a home purchase are considered taxable income.  The First Home Savings Account (FHSA) is a valuable tool for Canadians looking to save for their first home. With contribution limits, eligibility criteria, investment options, coexistence with other savings plans, and tax advantages, the FHSA offers a comprehensive solution to help individuals achieve their homeownership dreams. If you're a prospective homebuyer, it's worth exploring the FHSA and taking advantage of its numerous benefits. Happy saving! This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax, or specific investment advice. Please speak to your own experts regarding your unique situation. 

  Engel & Völkers welcomes you to its Year-End Canadian Luxury Real Estate Market Report. On-the-ground intel from local Engel & Völkers experts, combined with market data, informs our analyses and serves as the basis for trends and forecasting. As listed on the Multiple Listings Service (MLS), homes priced $1 - 3.99 million and over $4 million were evaluated throughout the year. The result is a residential property and market report for Halifax, Montréal, Ottawa, Toronto and Vancouver.   Get the Report Here   Jonathan Wall PREC*

The 2024 BC assessments have been released, and as always, seem to bring with them more questions than answers. The assessments, reflect the value of properties on July 1, 2023  and are released annually by the BC Assessment Authority to provide a comprehensive overview of the real estate market in British Columbia. They serve as a general reference of property values and aid taxation authorities is determining individual property tax obligations for the upcoming year.  BC Assessment's website at bcassessment.ca includes more details about 2024 assessments, property information and trends such as lists of 2024's top valued residential properties across the province. The website notes that “Changes in property assessments reflect movement in the local real estate market and can vary greatly from property to property. When estimating a property's market value, BC Assessment's professional appraisers analyze current sales in the area, as well as considering other characteristics such as size, age, quality, condition, view and location.”  While property taxes are calculated based on the assessed value of a property, your assessment doesn’t directly correlate to changes in your tax bill. Municipalities use the assessment to determine what percentage of the total tax bill your home will be responsible for. Municipalites set their tax rate based on their budgets and then determine how much each household will need to contribute.The key factor to look it is how your home’s value changed relative to those in your community. If your home’s value increased relative to your neighbours, then yes, you may see a higher relative tax increase, but if your home increased at the same rate, than likely your taxes will stay constant relative to your neighbours.   While the assessments provide a comprehensive overview of the real estate market, it's important to remember that they are not a completely accurate representation of a property's value to buyers and sellers. Various other factors, such as specific location, improvements, property condition, and market demand also play a significant role. Additionally, buyers will value properties differently based on the new rental rules imposed by the Province and those effects will be recognized in next year’s assessments. "Most homeowners throughout the Southern Interior can expect modest changes and even some decreases in their assessment values," says Southern Interior deputy assessor Boris Warkentin. “With the softer real estate market, most changes in home values will be somewhere between -10% to +5% in the Thompson-Okanagan communities.  According to BC Assessment Data, Kelowna saw median single-family home prices fall 3%, as did West Kelowna (-5%), Kamloops (-2%), Penticton (-3%), Lake Country (-2%), Summerland (-2%), Osoyoos (-2%) and Merritt (-8%). “Commercial and industrial properties are generally increasing in value at a higher rate than residential as a result of limited industrial land," adds BC Assessment Assessor Bryan Murao. The release of the 2023 BC assessments has offers a wealth of information for homeowners and potential buyers alike. Whether you're looking to sell, buy, or simply stay informed about the market, understanding the assessments and their implications is crucial. By staying up to date with the latest real estate news and market updates, you can make informed decisions about your property and navigate the ever-changing landscape of the BC real estate market.

Allow me to reintroduce myself. My name is Jonathan Wall. It has been an incredible journey for me the past couple years and I appreciate everyone following along and engaging with me. While my personal plan was accelerated, the opportunity to move to the the Okanagan, reset my lifestyle and build my business has been incredibly positive for my kids and I.It has been rewarding to work with so many incredible clients and colleagues and really establish myself as part of the Okanagan Real Estate scene. I’m building on this success into the new year with some great listings and some exciting deals in the works. I have recently updated and launched my new website and am working on some collaborative marketing and community events that I hope to announce soon. Engel & Völkers South Okanagan is quickly becoming a force to be reckoned with and I couldn't be in a better environment here and as part of the Engel & Völkers network.Aside from Real Estate, I’m proud of the continued success of the Penticton Young Stars Classic. The team at the South Okanagan Events Centre in Penticton worked tirelessly to overcome significant challenges and bring some much needed excitement and visitor presence to the Okanagan after a tough summer. I have been able to work on several committees and working groups with the Association of Interior Realtors and I was humbled to be asked to join the Board of Directors of the Peachland Chamber of Commerce and work to support the business community in my hometown of Peachland, BC.I couldn't be more excited for the near and long term future and again, thank you all for your support and best to you and your families throughout the holiday season.

Housing is a critical issue in British Columbia and this has prompted the government to explore various solutions to increase housing supply and affordability. These changes will increase available housing and speed the process for getting those houses to market. One strategy that has gained traction is the promotion of secondary suites and residential upzoning throughout most of the province.  Secondary suites, also known as accessory dwelling units (ADUs), are self-contained living spaces within a single-family home or on the same property. They can be an additional apartment in the basement, an above-garage suite, or a laneway house. These suites provide homeowners with the opportunity to generate rental income while also increasing the supply of housing in the Province. Residential upzoning, on the other hand, involves changing the zoning regulations to allow for higher density housing. This means that instead of having just one single-family home on a lot, property owners can build two, three, or even four units. This approach maximizes land use and can significantly increase the availability of housing in high-demand areas. A focus is also going to be in areas that have close proximity to transit and especially transit hubs. With more units being built closer to public transportation, residents can enjoy convenient access to their daily commute, reducing the need for private vehicles. This not only reduces traffic congestion but also promotes sustainable modes of transportation, contributing to a greener and more livable community. Because of our geography, cities in BC have limited land, and repurposing that space from housing vehicles to housing people is a big part of increasing availability of homes. The hope is that over time, more efficient use of available land will provide housing options for a diverse range of residents. Young professionals, families, and seniors can all benefit from the increased supply of homes in desirable neighborhoods. Additionally, families can have increased flexibility to build multi-generations homes. Over time, the integration of secondary suites and residential upzoning can lead to more vibrant and inclusive communities providing increased density and affordability which benefits everyone.  If you would like to learn more, please reach out or check out the following links. SSMU and Secondary Suites (Upzoning) Press Release - More small-scale, multi-unit homes coming to B.C., zoning barriers removed | BC Gov News

Have you ever dreamed of living in a custom timber masterpiece, surrounded by the stunning beauty of the Okanagan Valley? Look no further than 6400 Keyes Ave, an extraordinary country estate home nestled on a picturesque 5-acre property in Peachland, BC. With a listing price of $2,749,000, this property offers the perfect canvas for your outdoor activities and possibilities.Upon arriving at this sprawling estate, you'll immediately be captivated by its rustic design and modern conveniences. The towering fireplace, cathedral ceilings, and exposed timber beams create a warm and inviting atmosphere that will steal your heart. The large windows allow natural light to flood the open-concept main floor, showcasing the beauty of the surrounding landscape.For those who love to cook, the gourmet kitchen is a chef's delight. Equipped with top-of-the-line stainless steel appliances, a gas range, custom cabinetry, and a generous center island with a breakfast bar, this kitchen is designed to inspire culinary creativity. Imagine preparing meals while enjoying breathtaking views of the lush, sprawling property - a true feast for the senses.The seamless integration of indoor and outdoor living spaces is one of the highlights of this property. Step outside onto your patios and immerse yourself in the tranquility of nature. Whether you're sipping your morning coffee or hosting a gathering with friends and family, the backdrop of the Okanagan Valley will provide the perfect ambiance. With ample space for planting, animals, and children to play, this property offers endless opportunities to create your own personal paradise.When it's time to retire for the day, you'll find sanctuary in the five bedrooms, including two primary suites with their own ensuite bathrooms. These luxurious retreats provide the perfect space to unwind after a spectacular Okanagan day. Wake up refreshed and ready to embrace the serenity of your surroundings.Not only does this property offer beauty and luxury, but it also provides practicality. With plenty of parking for RVs, boats, and toys, as well as a two-car garage, you'll have all the space you need to accommodate your adventurous lifestyle. The A2 zoning and non-ALR designation open up even more possibilities for your future plans.In summary, 6400 Keyes Ave in Peachland, BC is the epitome of rustic elegance, meticulous craftsmanship, and a serene natural setting. This property presents an opportunity to build an idyllic lifestyle that caters to all your needs and dreams. Whether you're seeking a peaceful retreat or an active outdoor haven, this Okanagan dream can become your reality. Embrace the beauty of the surrounding landscape, create memories with loved ones, and discover the true meaning of luxury living.Don't miss out on this extraordinary opportunity - start living your Okanagan dream today!Title: {Experience the Ultimate Okanagan Dream at 6400 Keyes Ave, Peachland, BC}

At Engel & Völkers we reflect on the many reasons we have to be thankful. Beyond the breathtaking properties and living spaces that we have the opportunity to experience every day, we recognize that the true heart of any home lies in its kitchen. It’s the place where families gather, memories are made, and the love language of cooking thrives. This Thanksgiving, we want to express our gratitude for the heart of the home and share the joy of the season with you.At the Heart of Every HomeA well-designed kitchen is not just a space for cooking. It’s where the warmth of good company meets hungry bellies, creating an atmosphere of comfort and joy.This Thanksgiving, we want to extend our thanks to everyone who has been a part of the Engel & Völkers family. Your trust and support have allowed us to continue providing exceptional living spaces that truly embody the heart of the home.Recipes for Thanksgiving DelightTo share our appreciation, our network has curated a collection of recipes that capture the essence of the holiday season. From an exquisite appetizer to a delectable dessert, each dish is crafted to enhance the sense of togetherness at your Thanksgiving gathering.Appetizer: Roasted Acorn SquashKick off your luxurious Thanksgiving feast with the Roasted Acorn Squash by Engel & Völkers Newport Beach advisor, Elena Zimina, an ode to the bountiful flavors of fall. This golden delight is a standout addition to any fall dinner, as it acts as a simple, yet flavor-filled addition to your appetizer spread. Main Course: Chicken Paprikash & Nokedli For the main attraction, we will be diving into the culinary traditions of Hungary Becky Hardy’s Chicken Paprikash & Nokedli. Becky, an advisor at Engel & Völkers Amelia Island, attributes this special recipe to her childhood, bringing back memories of her mother and grandmother cooking for her large family. With each forkful, you’re savoring not just a meal but a tribute to generations past.Side Dish: PaPa’s Southern Turkey DressingAdding a touch of southern charm and generations of culinary wisdom to our Thanksgiving table is  PaPa’s Southern Turkey Dressing, a cherished recipe from Engel & Völkers Fort Worth advisor Sheri Mosier. Imparting a taste of heritage and love, this recipe is a timeless centerpiece that embodies the essence of Thanksgiving for the Mosier family and beyond. Dessert: Vanilla Cream PieConcluding our Thanksgiving soirée with a little something sweet, indulge in a Vanilla Cream Pie. A family favorite of graphic designer Jessica Vandorn, this classic recipe is guaranteed to satisfy your sweet tooth. Crafted with a velvety smooth vanilla custard nestled in a delicious graham cracker crust, this recipe is a sweet touch to end a sweet night. As we gather around the table this Thanksgiving, let us remember the significance of the kitchen in not only our upbringings, but throughout our lives. Engel & Völkers is grateful to be a part of your journey, and we wish you and your loved ones a holiday season filled with warmth, joy, and the pleasures of exceptional living.From our home to yours, Happy Thanksgiving!The post Love Lives in Your Kitchen. Happy Thanksgiving. appeared first on Engel & Völkers.

Just like a painting, the architecture and design of a home carry along with it a unique presence specific to each architect and period in which it is built. For many, homes are pieces of art waiting to be discovered. Each residence tells a unique story, and the intricate detailing within plays a crucial role in bringing these narratives to life. Just as a carefully selected piece of jewelry complements and elevates an outfit, specific detailing in a home can add character and charm, transforming a living space into a work of art. Stained Glass Windows: A Kaleidoscope of Colors177 Main St., Amesbury, MA, Advisor Holly Mazur of Engel & Völkers Newburyport.Over the course of centuries, stained glass windows have been used to control lighting, add a beautiful touch to the artistry of buildings and even tell stories. Each piece is intricately crafted to fit together to create a masterful mosaic, ranging from floral motifs to intricate geometric patterns. These windows serve as a testament to the craftsmanship and artistry of a bygone era, dating back to Ancient Egyptian and Roman times.Stained glass windows not only infuse a space with natural light but also create an ambiance that is both sophisticated and enchanting. The play of colors adds warmth and character. In a luxury home, these windows become more than just architectural elements; they become timeless pieces of art, adding a touch of grandeur to the living experience.Fireplaces: Victorian Elegance with a Modern Twist351 West 30th St., New York, NY, Advisor Kevin Reardon of Engel & Völkers New York CityAs we enter the heart of a home, we encounter another exquisite detail that has stood the test of time—the fireplace.In the realm of luxury real estate, fireplaces are not just functional elements; they are statements of style and sophistication. From the sleek marble of a Georgian-style fireplace to the intricate detailing of a Victorian fireplace, the combination of classic design with modern conveniences creates a seamless blend of old-world charm and contemporary comfort. It becomes the soul of the home, a place where memories are made and stories are told.Landscape Detailing: Checkerboard Parquet Inspired ElegancePrivate Listing in Chicago, IL, License Partner Jennifer Ames of Engel & Völkers ChicagoStepping outside, we encounter a different kind of detailing—the landscape. Beyond manicured lawns and elegant gardens, luxury homes often boast unique landscaping details that elevate outdoor spaces. One such example is the checkerboard parquet-inspired landscaping. Just as a crafted parquet floor adds a touch of luxury to the interior, the checkerboard pattern in outdoor spaces adds an abstract feel, unique to other landscaping styles. Precision and symmetry create a visually appealing presence, offering a more fun and inviting environment. Just like a diamond ring or vintage pocket watch passed down from generation to generation, the original detailing of a home holds history and sentimental value. It adds depth, personality, and inspiration. These elements not only reflect the history and craftsmanship of previous time periods, but also contribute to the creation of a timeless living space—one that is as unique and irreplaceable as a rare gem. As we continue to explore the world of luxury real estate, let us celebrate the jewelry of the house and the stories they tell. The post The Jewelry of the House: The Charm of Unique Home Detailing appeared first on Engel & Völkers.

With fall officially in full force, it’s time to start searching for your warm getaway. If you’re dreaming of a luxurious retreat to embrace the changing scenery, look no further than Engel & Völkers’ exclusive collection of breathtaking escapes. Whether you’re seeking a cozy mountainside cabin, a sandy escape, or a countryside estate, we know the perfect destinations to warm up your fall. Cozy Mountainside EscapesPicture yourself sipping hot cocoa by the crackling fireplace. The calmness of the mountainside surrounds you, as the snow hugs the mountain peaks as the colder months arrive. Wrap yourself in the warmth of plush blankets as you embrace the tranquility and seclusion that your mountain-side escape has to offer. Our properties, whether you are looking for your dream Aspen relaxing getaway or a winter wonderland in McCall, ensure that every moment spent in these secluded havens is nothing short of pure bliss.Tranquil Beach EscapesLet’s face it – we don’t all love a chilly breeze or the flavor of pumpkin-spice. If your idea of the perfect fall getaway is escaping the season of change, our exclusive beach properties offer an endless summer escape. Imagine strolling along stretches of sand, basking in the gentle warmth of the sun – except it is fall. Whether you seek a luxurious beachfront villa or a private seaside cottage, our portfolio features a diverse range of coastal paradises that promise unparalleled relaxation. Leave behind colder days, and escape to the calming embrace of the sea this fall season.Picturesque Countryside EstatesFor those drawn to the natural beauty of the countryside, our handpicked collection of estates in rolling hills and verdant landscapes offer the perfect autumn retreat. Experience the beauty of fall foliage as you wander through sprawling gardens and orchards. Imagine yourself strolling through Napa Valley’s beautiful landscape at this secluded sanctuary in St. Helena. Our countryside estates, boasting elegant interiors and expansive outdoor spaces, provide the ideal setting for intimate gatherings, leisurely walks, and tranquil contemplation in the beauty of nature.At Engel & Völkers, we understand the essence of an unforgettable fall getaway. Whether you’re seeking the warmth of a mountain-side cabin, the tranquility of a beach escape, or the allure of a countryside estate, our properties promise an experience that transcends luxury. Embrace the changing colors of the season with a retreat that reflects your unique style and preferences. The post Places To Warm Up Your Fall appeared first on Engel & Völkers.

Global real estate company welcomes select advisors to exclusive group of professionals demonstrating exemplary service and productionEngel & Völkers announced its newest inductees into the global luxury real estate company’s Private Office network, after undergoing a rigorous nomination and vetting process for inclusion. These real estate professionals join the ranks of an exclusive group of approximately 300 Engel & Völkers advisors worldwide honored with the title. This recognition celebrates their remarkable business achievements and commitment to providing outstanding client service.Fall 2023 Private Office Inductees:Erik Clevering, Engel & Völkers Vancouver Island NorthDebby Doktorczyk, Engel & Völkers MontréalPatrice Groleau, Engel & Völkers MontréalDanni Moore, Engel & Völkers MissoulaAbel O’Brennan, Engel & Völkers Vancouver Island NorthEmily Schaffer, Engel & Völkers Mill ValleyMatt Smith, Engel & Völkers Parry SoundDarlene Young, Engel & Völkers Sun ValleyKristin Zuckerman, Engel & Völkers Kalispell“Engel & Völkers maintains its strong appeal to some of the most accomplished real estate professionals worldwide. Private Office advisors embody excellence at its finest, consistently surpassing even our highest of standards,” said Anthony Hitt, president & CEO, Engel & Völkers Americas. “The unmatched commitment of these advisors to crafting personalized customer experiences and their steadfast determination to remain market authorities sets them apart as true masters, offering an incomparable experience for their clients.”To qualify for Private Office, advisors within the Engel & Völkers network must be nominated by their broker and show consistency in significant year-over-year production numbers. To assess their market expertise and notable service quality as real estate professionals, clients are also asked to comment on their service experience. Lastly, nominees are submitted to a selection committee in the Americas that decides which candidates meet all requirements for final submission. As Private Office advisors, these individuals gain access to designation-specific marketing assets and exclusive opportunities catering to the brand’s global ultra-high net worth clients. They are also preferred contacts in their market for global referrals.These advisors were formally inducted at Engel & Völkers’ invitation-only Private Office event held at the Kimpton Aysla Mallorca Hotel in Santa Ponsa Balearic Islands, Spain on October 26, 2023. The post Engel & Völkers Announces Fall 2023 Private Office Inductees appeared first on Engel & Völkers.

The Engel & Völkers Development Services platform supports the distinct needs of builders, developers and investor-partners around the world. This dedicated division is staffed by teams of local experts on five continents who collectively represent over 400 projects from townhome communities to mixed use high-rise buildings.Whether it is through strategic advice, sharing lessons learned from previous new development projects or referrals between feeder markets, our designated shops and advisors benefit from a strong collaborative network of local experts and new development peers across the globe. In this interview, we want to highlight market insights from one of the most active members of our new development team, Dennis Maruhn, Managing Director of the Berlin, Germany shop. E&V Development Services: What is your current role at E&V and how did you come to find yourself in the role you’re in today?Dennis: The first part of the question is relatively easy to answer. With my business partner Hendrik Treff, I have led our fantastic Development Services team here in Berlin for five years. My focus so far has been more on sales processes. Supporting the sales team, reporting, numbers and targets, etc., was my area of expertise. However, in the last few months, I’ve also been on the acquisition side every now and then and am slowly learning to appreciate that part of our work, too.My professional path to where I am today began in 2009 when I graduated in business administration and started as an absolute newcomer in the real estate industry in Berlin. For the first years, I worked for a small company that wanted to invest capital in Berlin. I managed purchases of residential and commercial properties (this is where I had my first contact with our common brand, as we bought the first two properties through E&V), refurbishing and modernizing them until we finally sold them. Sometimes as a global deal, sometimes divided into condos. After four years, I decided to move to a company that took care of sales of apartments. Here, I quickly took over the management of the sales team and built up a key account team, which was responsible for reporting to the developer during the sales process, and special request management. The company was taken over by JLL at that time, so I was able to get a taste of corporate air for a good two years. In my other jobs, I was always able to make many decisions myself, but when E&V offered me the position of Managing Director of Development Services almost five years ago, I couldn’t say no. To this day, I have not regretted my decision and look forward to hopefully many more years with Engel & Völkers.E&V Development Services: You’ve had quite a storied career in new development real estate projects; what are your thoughts on the new development market today? What changes have you seen, and what are some of the most interesting trends you’re seeing in terms of financing, buyer preferences, sustainability, international interest in Berlin, etc.?Dennis: In all my time, I have never experienced a market like the one we currently have. Due to the war in Ukraine, the increase in inflation, and the resulting adjustment of interest rates, the turnover figures in Germany in the new construction segment have collapsed by around 70%. In the resale, we have already seen falling prices to compensate for the higher interest rates. In new construction, where developers are dealing with sharply escalated construction costs due to the points mentioned, we see little flexibility in terms of prices.  It can be negotiated, but the price reductions are not as high as in the sales of existing units.As a result, many customers can no longer afford apartments, and we are currently only seeing purchases in areas where it is a matter of “wanting to have” rather than “having to have”. Equity has become very important for financing.The three important criteria of location, location, location are now joined by the quality offered, the willingness to satisfy the special wishes of the buyer, but also, from an ESG point of view, the energy value of a house. Many projects currently on sale date back to times when ESG was not yet such an important issue. Modern gas heating systems were installed, which are not the first choice of buyers today.In the medium to long term, the issues will all be regulated again. Berlin, in particular, is the city with the largest influx of people in Germany. In addition, an unprecedented housing shortage will cause rents to rise again to extreme levels. Thus, the market slowly approaches yield-technically the current financing costs of approximately 5.5%.E&V Development Services: Some topics that we are most interested in as a company are related to sustainable real estate developments and their considerations for energy efficiency, water conservation, environmentalism, etc. Germany and Berlin, in particular, have some of the most progressive practices when it comes to this subject area. Can you tell us what you’ve seen in terms of best practices for developers?Dennis: This is a topic that I follow with great interest. Ultimately, the goal of sustainability in the real estate industry should be to create an almost self-sufficient house. There are various exciting fields that we can see in houses currently in the planning stage.One big field is electricity for heating systems. For example, solar collectors can be installed on the roof to generate this to run modern air source heat pumps. The energy generated by sunlight is stored and accessible even when the sun is not shining. The next is the use of water. All water used for rinsing, showering, and brushing teeth is filtered to be used again. In addition, rainwater is collected in special systems and for garden irrigation, reducing water waste.Geothermal energy is playing an increasingly important role, especially in more rural areas. With the use of special drilling procedures, the energy of the earth core is used around several households.In addition to the topic of self-sufficiency, tCO2 binding in building materials is a large field in which a lot of research and development is taking place. In this context, we were on a site visit a few weeks ago, where we were shown a house that is being built using wood hybrid construction.This is a small insight, but it is clear to all of us that there will have to be even more far-reaching developments in this area in the coming years and that we can only make a difference by thinking globally.E&V Development Services: What do you think international buyers would want to know, and what advice would you give buyers new to the Berlin Market? And what makes Berlin a great place to live (from local to international buyers)?Dennis: International investors are not significantly different from domestic investors. In the end, most of them want to invest their assets safely. This is still, or perhaps especially due to the price negotiations being more exciting than it has been in recent years. Many international buyers ask whether it is possible to resell the properties quickly when the prices have changed positively. It has to be said quite clearly that this is possible, but there is no flipping market in Germany as there is in Dubai, for example. Prices have developed rather leisurely in recent years, and you benefit more if you have held the property for 10 years. From then on you don’t have to pay taxes on sales profits.However, many international buyers buy small apartments for their children who want to study in Germany. Education costs are very favorable in international comparison, while education is still highly regarded.For both groups of buyers and, of course, those who want to afford a second residence in Berlin, I would recommend seeking advice about the real estate market from a reputable brokerage house such as ours and to engage a lawyer to handle the purchase process on behalf of the buyers.What makes Berlin so worth living in? As a “non-Berliner,” I can only say I have seen few cities as diverse as Berlin. We don’t have tall buildings like NYC, but we do have a park in every district that is so diverse it’s worth a visit. I love going out to eat all over the world and that in one city. What makes Berlin unique are things like the summers when the sidewalks are annexed by the bars and restaurants, the green spaces on the Spree River, the Zoo, the Kudamm, Alexanderplatz with its TV tower, the many sporting events, and, of course, all the concerts, musicals, and long parties in the clubs. It is a vibrant metropolis with mostly very fun-loving people who make it bearable to live here even in the gray, cold winter time!E&V Development Services: You visited our NYC headquarters this past month. Did you have any impressions or takeaways of the new development market from your visit?Dennis: It was a great pleasure to see my colleagues in moments like these that you learn about the potential of this Engel & Völkers network. What inspired me was how my colleagues in NYC are dealing with the current situation. We are all in a crisis right now, driven by inflation and interest rates that have risen too fast. And what does Stuart Siegel say? “We have to make the best of it.” “Every crisis brings opportunities.” In Germany, these are often just empty phrases. Stuart said these words with such positive seriousness that I immediately felt caught up. It is an attitude to life, and exactly this attitude, “everything will be positive!” is what I am currently trying to implement in my daily actions. You have to think positively for positive things to happen!E&V Development Services: What project are you working on and what are the attributes of the projects you’re working on that make the product so appealing? Dennis: I really can’t commit to just one project here. We currently have three to four outstanding projects with an international appeal that may be of interest due to deals pushed by developers.MONOS & PHOENIX. Both are located in the enchanting center of Berlin-Charlottenburg and were developed by the renowned real estate PRIMUS Immobilien. All units are close to completion. MONOS is a stunning new luxury building – PHOENIX has been thoroughly refurbished to the highest possible standards and even offers underground parking.GRANDAIRE. The so-called “Masterpieces” are six spacious penthouses on the top floors 19 and 20 of this Berlin-Mitte high tower. From their floor to ceiling windows and balconies, spectacular views over the entire Mitte district are given – including e.g. the TV Tower and Brandenburger Tor.AM TACHELES. After approximately 4.5 years of construction, the first apartments in this new urban quarter with five unique residential buildings are now ready to move in. Ideally situated in the heart of Berlin-Mitte they are characterized by renowned architects, like Herzog & De Meuron or Grüntuch Ernst. Each flat comes with communal amenities like a health club, gym, pool & spa as well as an owners club membership, concierge service and underground parking spaces. In all four projects, we still have a few remaining gems on offer.E&V Development Services: Any closing thoughts are advice for buyers/advisors?Dennis: The current real estate market has been shaken up in recent weeks and months, especially in the area of new construction projects. Anyone who can afford to buy an apartment and listens to guidance from a reputable broker will not make a mistake if they act now, especially in a city like Berlin. Rarely have you had so much time to examine an offer and successfully adjust the purchase price downward in price negotiations. In any case, however, you should contact an informed broker who can explain the market to you transparently and help you with financing, leasing, legal advice, etc. through his/ her fantastic network. If you are thinking of investing in Berlin, please contact my colleagues in the US who will get back to me and my team as soon as possible. We look forward to global networking and global deals!The post Development Services: A Look Inside with Dennis Maruhn appeared first on Engel & Völkers.

From the United States to Mexico, to Germany and beyond – in many parts of the world Halloween is one of the most beloved holidays for both children and adults alike. Besides dressing up and trick-or-treating, Halloween celebrations are all about decorating our homes for creepy and spooky effects. However, this dark aesthetic is no longer just a temporary look on October 31st. This is, in part, due to viral trends like “Dark Academia” and popular TV characters like Wednesday Addams and the Gilmore Girls. Black wall colors, rustic architectural styles, and interior elements with an autumnal and atmospheric feel, such as large fireplaces and dark wood paneling, now enjoy popularity year-round. Engel & Völkers presents four exclusive properties around the world that are ideal for spending the colder months of the year in cozy luxury, and are sure to leave a lasting impression on your next “trick-or-treat” visitors.Once upon a time … in a black house in the forests of CanadaThis exclusive designer property, set in the heart of woodland in the Canadian province of Quebec, boasts a pitch-black façade. The 16,000 square-foot home has four bedrooms, as well as its own private boat dock. It is not just eye-catching from the outside either. Inside, the ceiling is more reminiscent of a cathedral roof, while the large fireplace and various wooden furnishings create an ideal ambiance for relaxing autumn evenings or atmospheric Halloween parties with family and friends. This distinctive and distinguished home is currently listed for sale with Engel & Völkers for approximately 2.1 million dollars.(Image source: Engel & Völkers Tremblant)Friendly ghosts only: The mysterious castle on the Baltic coastLibnitz Castle on the island of Rügen was built in 1912 by the Freemason Fritz Alfred Meyer and is one of the most historically important jewels on Germany’s Baltic coast. Its turn-of-the-century elegance is an impressive sight to behold: The 13,896 square-foot interior comprises 25 rooms, including a magnificent vestibule, a ballroom and a tower room. Many of the original period features have been preserved, like the painted beamed ceiling in the stairwell. The grounds span almost two hectares with castle gardens and a Neoclassical mausoleum belonging to the estate complete with a Masonic symbol, bearing witness to the castle’s rich heritage. This is a fascinating estate just waiting for the next chapter in its story to be written this autumn. Libnitz Castle is up for sale with Engel & Völkers for 3.3 million dollars.(Image source: Engel & Völkers Rügen)Fairytale living: Magnificent thatched property in BelgiumThis residence in the Belgian municipality of Brasschaat looks like something straight out of a Grimm’s fairy tale: A beautifully thatched roof sits atop this unique, 3,294 square-foot house, complete with a black brick façade and black-framed mullion windows. Inside, the living spaces are just as impressive: The dark and light elements that form the interior design underline the original period character of the property. Whether sat in front of the fireplace in the living room or relaxing in the whirlpool on the terrace: Little Red Riding Hood would have had no qualms hiding here from the big bad wolf. This home is on the market with Engel & Völkers for approximately 1.4 million dollars. (Image source: Engel & Völkers Brasschaat)Perfect for XXL Halloween adventures: Luxurious ranch in UtahThis exclusive ranch in Park City, in the US state of Utah, has everything one could possibly need to throw a Halloween party on a grand scale – with a (party) barn and stables building with some 3,164 square-foot of space for holding large gatherings in very atmospheric surroundings. The invited guests can be accommodated in the total of eight bedrooms, and there are spacious living rooms in both the main house and guesthouse, designed in a log cabin style. Autumn is not the only time of year when adventures here come into a class of their own. In winter too, private ski lift access guarantees exclusive fun on the slopes. And come summer, there are cycle paths and hiking trails right on the doorstep. This unique ranch is on sale with Engel & Völkers for approximately 26.5 million dollars. (Image source: Engel & Völkers Park City)Accompanying image material is available for download via this link. Please be sure to include the copyright notice when using any of the images.The post Trick or Treat: Four Properties Guaranteed to Inspire This Halloween appeared first on Engel & Völkers.

The luxury real estate brand sees more growth in Huron County, OntarioGlobal luxury real estate brand Engel & Völkers continues its expansion with a new shop in Bluewater, Ontario. Located on Main Street in the historic core of Bayfield, the shop is led by license partner and managing broker Mary Couturier and serves real estate clients in Bayfield, Hensall, Zurich, Goderich, Grand Bend, Exeter, Blyth, Clinton and Varna.“Bayfield was once a popular port in the mid-19th century and has flourished into a favorite Southwestern Ontario summer destination, situated on the shores of Lake Huron,” says Anthony Hitt, president & CEO, Engel & Völkers Americas. “The area is constantly growing and evolving, with increasing job opportunities in industries such as health, education and manufacturing. This growing community is maintaining its relaxed pace and it is attracting domestic clients and international buyers alike.” Mary Couturier license partner and managing broker, Engel & Völkers Grimsby, Bluewater  “Bayfield offers three beaches, a marina, and various scenic trails and the historic town has quaint shops and boutiques,” says Mary Couturier, license partner at Engel & Völkers Grimsby Bluewater. “It’s beautiful scenery, affordability and the unique eateries, wineries and breweries offer a desirable and achievable lifestyle for diverse clientele.”Engel & Völkers operates a global network of over 16,000 real estate professionals in more than 30 countries. For more information, visit grimsby.evrealestate.com.The post Engel & Völkers Opens New Shop Location in Bluewater appeared first on Engel & Völkers.

Engel & Völkers Americas raised $54,743.51 USD during its annual 60 Minutes for Special Olympics event. Alongside a five-week fundraising campaign, Engel & Völkers Americas network members dedicated sixty minutes of exercising on October 14, 2023, to raise awareness and funds for Special Olympics. Participating shops and network members encouraged their families, friends, and communities to donate to the cause while being physically active for an hour.This year’s top individual fundraiser was Alexa Foss of Engel & Völkers West Village, raising $4,155 USD on her own. Engel & Völkers Beverly Hills proudly won the title of top shop, having collectively raised the most funds throughout the event. Through multiple advisors’ individual fundraising efforts, the single shop was able to raise $7,920 USD on behalf of Special Olympics.The network had a blast this year coming up with creative ways to perform their 60 minutes of physical activity. Across the Americas, we saw an array of unique gatherings and events, including Engel & Völkers Okanagan who enjoyed a wonderful day at the Kelowna Lawn Bowling Club with 12 Special Olympics athletes for a day of competition, laughs, and fun. Engel & Völkers Scottsdale had an exciting day participating in a ‘Pedal and Pub’ tour, Engel & Völkers Westlake Village served up some fun by hosting a tennis clinic, and Engel & Völkers Asheville held their own competitive Pickleball tournament throughout the weekend. Both Engel & Völkers Savannah and Engel & Völkers Ottawa Central hosted a community dog walk and participated alongside their furry friends for their 60 minutes. These are just to name of few of the exciting events coordinated by our shops and advisors across the Americas, all of which exemplify Engel & Völkers’ ongoing commitment to Special Olympics.“Within our network of employees, license partners, and advisors, Special Olympics is very dear to us,” says President and CEO of Engel & Völkers Americas, Anthony Hitt. “We are deeply passionate about uniting for a purpose that promotes acceptance and inclusivity within our local communities.”All the proceeds collected are channeled into acquiring sports gear and supporting athletes’ participation in the Special Olympics Games. In addition to facilitating Olympic-style events and providing sports equipment, the fundraising endeavors have directly contributed to enhancing the impact of the Special Olympics’ Healthy Athletes® program. This program not only provides opportunities for health screening to those with intellectual disabilities but also imparts knowledge about maintaining a healthy lifestyle. As a result, the initiative assists athletes in managing discomfort, accessing otherwise unavailable healthcare services, and identifying previously undetected health issues. Furthermore, it has enabled the training of hundreds of thousands of healthcare students and professionals to effectively engage with and treat individuals with intellectual disabilities.Engel & Völkers Americas is made up of a network that includes more than 6,665 real estate professionals in 309 shops across the United States, Canada, the Caribbean, and Mexico. For more information, visit www.evrealestate.comThe post Engel & Völkers Americas Pledges 60 Minutes of Activity to Raise Funds For Special Olympics International appeared first on Engel & Völkers.

The global luxury real estate brand continues to grow its New England presence Engel & Völkers announced today its expansion into the Greater Newburyport area and the New Hampshire seacoast. This is the third Engel & Völkers real estate shop led by license partner Karen Hanson, who brought Engel & Völkers to the Cape Ann region of Massachusetts five years ago serving Beverly, Manchester, Gloucester, Rockport, and Hamilton/Wenham.Engel & Völkers has cultivated an exemplary reputation within its Beverly Farms and Gloucester locations boasting its team of seasoned, service-driven advisors as well as cutting-edge, in-house marketing resources. Now, the brand is poised to extend its real estate services to the picturesque Newburyport region, nestled along the Merrimack River.“Karen has built an incredible reputation and impressive business in her market, making this an ideal time for her to continue growing in new areas of opportunity,” said Anthony Hitt, president and CEO of Engel & Völkers Americas. “We are eager to bring our global luxury real estate expertise to this captivating region, offering clients a new standard of excellence in real estate services.”A natural fit for Engel & Völkers, the Newburyport area boasts a diverse range of property types, including historic homes, waterfront properties, modern condominiums, and luxurious estates, catering to a range of preferences and lifestyles. The area offers residents the experience of a perpetual vacation and boasts a wealth of attractions, including pristine beaches, scenic waterfront boardwalks, meandering walking trails, and inviting parks. Newburyport features a dynamic array of art galleries, stylish boutiques, exceptional dining establishments, museums, and vibrant nightlife options, providing an ever-enticing environment to call home. “Newburyport is a thriving community with a unique blend of historic charm and modern amenities,” said Karen Hanson, License Partner of Engel & Völkers By the Sea. “Through our expertise and community-driven approach to business as well as our brand’s global recognition, we will continue to attract diverse clientele with elevated marketing strategies that will revolutionize property promotion in the area.”The Engel & Völkers Newburyport shop is located at the entrance to downtown Newburyport, ensuring maximum visibility and accessibility in a bustling area with heavy foot traffic year-round. The shop serves Newburyport, Newbury, West Newbury, Amesbury, and Ipswich, southern New Hampshire and the New Hampshire seacoast creating new opportunities and markets for the luxury real estate segment. For more information, please visit bythesea.evreaestate.com.The post Engel & Völkers Expands Its Presence to the Newburyport and New Hampshire Seacoast appeared first on Engel & Völkers.

As the temperature drops, it’s a sign that it’s almost time to prepare your home for the upcoming winter season. Taking proactive steps to protect your home from the harsh winter elements can save you money on energy bills, prevent damage, and ensure a warm and cozy living environment. In this guide, we’ll cover essential tasks to ensure you’re ready for the winter season:Indoor Winter PreparationsProtect Your Pipes and Insulate Insulating your pipes is a critical necessity in home preparation for winter weather. Frozen pipes can lead to costly repairs and water damage. Insulate exposed pipes in unheated areas of your home, such as the attic, basement, and garage. Use pipe insulation sleeves to keep them warm.In addition to insulating your pipes, sealing windows and doors is also important. Drafty windows and doors can significantly increase your heating bills. Sealing any gaps or cracks with weatherstripping or caulk can combat this problem. For windows, consider using window film or heavy curtains to improve insulation.Prep the FireplaceA chimney inspection can save you time and hassle when preparing for the winter months. Before lighting the first fire of the season, have your chimney inspected and cleaned by a professional. Creosote buildup can lead to chimney fires.Be sure to stock up on firewood. Ensure you have a sufficient supply of seasoned firewood that is stored in a dry place away from the house to prevent pests from making their winter home in your logs.Lastly, if not tended to properly, fireplaces can pose many safety hazards. Installing or inspecting smoke and carbon monoxide detectors near your fireplace can ensure catching any problems before it is too late. Have a fire extinguisher nearby, and teach your family members how to use it.Stock Up on Winter NecessitiesPreparing for the winter season can mean a whole lot of things – one of the most important being stocking up on necessities to ensure you and your family stay warm, healthy and prepared for any scenario. Swapping out your shorts and bathing suits can create space for new winter apparel. Warm clothing, including coats, hats, gloves, and scarves can keep you warm as temperatures decline. Don’t forget warm socks and boots for extra protection against the cold.Stocking up on winter emergency kits can also help you to prepare in case of emergency. This includes essentials like flashlights, batteries, blankets, non-perishable food, and a first-aid kit. Be ready for power outages and unexpected winter storms.Outdoor Winter PreparationsClean out the GuttersBe sure to clean out the gutters before it gets too cold. Clogged gutters can lead to ice dams, which can cause water damage to your home. Clean out leaves, debris, and make sure downspouts are clear to allow proper drainage.Prune and Trim Your Outdoor Plants Trimming your shrubs, bushes, hedges and pruning trees can prevent various hazardous issues during the cold months. Overgrown branches can become hazardous when weighed down by ice or snow. Prune them back to prevent damage to your home and ensure safety.Take In Your Outdoor FurnitureOutdoor furniture and appliances are not cheap – but avoidable repairs are even more expensive. Store outdoor furniture, cushions, and grills in a dry, covered area or a garage. This helps extend their lifespan and prevents them from getting damaged by winter weather.Winter-proofing your home is a proactive approach to ensure your family’s comfort and safety during the cold months. Don’t wait until the first snowfall – start your preparations now for a cozy and stress-free winter season.The post Winterize Your Home: A Guide To Help Prepare For The Winter Season appeared first on Engel & Völkers.

As the fall season begins, the air becomes more chilling and Halloween creeps in on us so does the opportunity to engage with your community, showcase your properties, and promote your brand image. From festive decor to trick-or-treating and pumpkin carving contests join us as we explore some unique ways to embrace, and celebrate, spooky season in style for your business.Partner with Local BusinessesReal estate isn’t just about buying and selling properties; it’s about fostering connections within your community. One way to do this is by partnering with local businesses. Whether it be with your local coffee shop that recently released their homemade pumpkin-spice latte recipe, or a local bakery with fresh apple cider donuts, consider teaming up to create a “Haunted Coffee Crawl” where participants can visit your office while enjoying spooky-themed beverages or snacks. This will not only help boost your local presence, but also enhance your brand’s image as a community-centric real estate company. This also allows for the opportunity for cross promotion of businesses through social media and content sharing.Take Engel & Völkers NYC for example, who over the years has participated with the local Business Improvement District in Trick or Treat East Midtown for Halloween. “Real estate plays a vital role in our lives, and as trusted advisors, it’s crucial that we become deeply ingrained in the vibrant communities where we reside and operate. The year 2019 marked an exhilarating moment for us when the doors of the Park Avenue shop swung open. This establishment bestowed upon us a splendid chance to immerse ourselves in the heart of our community, especially during the splendid neighborhood event orchestrated by EMP. Ever since then this event has become a Halloween extravaganza, casting its spell and drawing in folks from every corner of the city for a delightful evening of trick-or-treating and festivities!”Nicole Beauchamp, Advisor, Engel & Völkers New York CityEngage In A Local Charity or FundraiserEngaging in a local charity or fundraiser for Halloween is a heartwarming way to give back to the community, while adding a touch of altruism to your Halloween festivities. Consider partnering with a reputable charity, or organizing a fundraiser event that aligns with the spirit of the season. Whether it’s collecting donations for a local food bank, hosting a charity costume contest, or organizing a spooky-themed charity run, your involvement not only enhances your company’s social responsibility, but also fosters a sense of togetherness within your community. By extending a helping hand during Halloween, you’ll showcase the caring and compassionate side of your shop, leaving a lasting positive impression on both clients and neighbors alike.Last year, Engel & Völkers Westlake Village and Engel & Völkers Calabases hosted a “Pups and Pumpkins” event, where they partnered with their local animal rescue and dressed up the pups in adorable costumes. In addition, they incorporated lead generation tactics, such as a raffle for a basket of dog accessories. The event was a huge success that led to two deals and one adopted puppy.Create a Halloween Haven in Your OfficeOne of the most exciting aspects of the Halloween season is the opportunity to amp up your seasonal decor and bring some festivity into your shop. One of our favorites is to host a pumpkin carving contest among clients and staff and showcasing the results in window displays or on social media channels. This not only creates a welcoming atmosphere, but also sparks conversations and connections with potential clients who visit your office.Additionally, you can showcase your “spookiest” listings in your store-front. Whether it be a gothic- style manor or a colonial-style estate with a rich history, creatively showcasing listings by aligning them with spooky season can help them gain more traction – especially on social media.Trick-or-Treat ExtravaganzaEmbrace your inner child through the spirit of trick-or-treating in your neighborhood or business district. Set up a booth in front of your office and hand out treats to local children. This not only brings joy to children and families, but also shows your commitment to being an integral part of your community. Plus, it’s an excellent opportunity to engage with parents who might be considering a move, or new property investment.No matter how you slice it, Halloween provides a unique opportunity for businesses to showcase their creativity, engage with their community, and strengthen their brand image. By incorporating these tips into your fall marketing strategy, you’ll not only stand out but also create lasting connections with potential clients and homeowners.Happy House Haunting. The post How to Celebrate Spooky Season in Style appeared first on Engel & Völkers.

The global luxury real estate brand continues expansion in Central America with its first shop openingin Panama City, PanamaEngel & Völkers announced its entrance in Panama today with its newest shop opening in Panama City. Ciara Caponi and her team will now operate as Engel & Völkers Panama, becoming the premier destination for high-end real estate services in Panama.With more than a decade of experience in the real estate industry and a background that includes working with one of the top developers in Panama, Caponi brings a wealth of expertise and a deep understanding of the Panamanian market to this partnership. She is a member of ACOBIR (the Panamanian Association of Real Estate Brokers and Promoters), and holds a CIPS (Certified International Property Specialist) designation. Caponi is fluent in English, Spanish, and Italian, bringing a multilingual advantage to her clients. Engel & Völkers Panama specializes in the sale and rental of high-end residential, commercial, and land properties in Panama’s top areas and developments.“We are thrilled to introduce Engel & Völkers to Panama, further strengthening our global presence,” said Anthony Hitt, president and CEO of Engel & Völkers Americas. “Ciara and her team have a proven track record of excellence in the Panamanian real estate market. Their dedication to providing tailored services and their extensive portfolio of top-tier properties align perfectly with Engel & Völkers’ commitment to delivering the highest standard of client service.”Panama’s real estate market is characterized by its strategic location, strong international demand, and favorable tax and legal structures. The country offers a unique combination of benefits, including political stability, a first-class communication structure, a dollarized economy, a sophisticated banking system and an excellent quality of life, making it an attractive destination for international buyers and investors. Panama boasts a diverse topography, with both Atlantic and Pacific coastlines, mountains, and a bustling urban landscape in areas like Avenida Balboa, Casco Antiguo, and Costa del Este. Engel & Völkers Panama specializes in the sale and rental of high-end residential, commercial, and land properties in Panama’s top areas and developments. With a focus on serving high-net-worth individuals and international clients, including those from Canada, the USA, Colombia, Peru, Ecuador, and Spain, as well as multinational companies, they will offer a range of upscale properties, with a significant emphasis on apartments, houses, and new developments.“Engel & Völkers’ global presence and reputation, coupled with our local expertise, will elevate Panama’s luxury real estate scene,” said Caponi. “We offer a safe, tax-friendly, and diverse environment for those seeking a second residence, fiscal residency, or investment opportunity. Engel & Völkers Panama will be the go-to firm for luxury real estate in Panama. Engel & Völkers Panama is poised to transform the Panamanian luxury real estate market by providing international exposure, innovative marketing strategies, and a dedicated sales team.”The firm serves various markets, including Costa del Este, Santa Maria, Avenida Balboa, Casco Antiguo,Marbella, San Francisco, Coco Del Mar, Boquete, Coclé, and Pedasí.To learn more visit panama.evrealestate.com.The post Engel & Völkers Announces Expansion in Panama appeared first on Engel & Völkers.

Outstanding Performance in 2022 Recognized by the Asian Real Estate Association of America (AREAA)Engel & Völkers is proud to announce the exceptional recognition of two of its real estate advisors on the highly regarded Asian Real Estate Association of America (AREAA) 2023 A-List. This prestigious acknowledgment celebrates outstanding achievements within the real estate industry and is determined by a cross-tabulation of AREAA membership with individuals featured on the RealTrends + Tom Ferry America’s Best Real Estate Professionals list.“We are thrilled to provide top-tier service to our communities throughout the Americas,” said Anthony Hitt, president and CEO of Engel & Völkers America. Our collaboration with esteemed organizations like AREAA allows us to enhance our support for the local communities we serve.”Engel & Völkers professionals recognized for their exemplary performance in 2022 are as follows:Individual Real Estate Agents – SidesRoxann Taylor, Engel & Völkers Dallas SouthlakeReid Sanborn, Engel & Völkers Dallas Sun ValleyIndividual Real Estate Agents – Sales VolumeRoxann Taylor, Engel & Völkers Dallas SouthlakeReid Sanborn, Engel & Völkers Dallas Sun Valley“AREAA’s A-List is eagerly anticipated each year,” said AREAA President Kurt Nishimura. “This list not only gives us insight into the growth and success of our members, but it also shows the full impact that AANHPI real estate professionals have on the industry. This professionalism within our AREAA membership is widely known within the real estate industry. This group is a major reason why. Their production is awe-inspiring.”Engel & Völkers operates a global network of more than 16,000 real estate professionals in more than 30 countries. For more information, visit www.evrealestate.com.The post ​​Engel & Völkers Professionals Shine on AREAA’s Prestigious A-List appeared first on Engel & Völkers.