Property markets in the US and Europe may be recovering at a generally slow pace, but there’s one category that’s rebounding faster than the rest – luxury property. Across the traditional high-end destinations in the international property market, agents have reported an increase in enquiries and sales for homes above the million mark, as stock market rebounds make the super-rich more secure in their income than they have been in several years.

With Wall Street stock prices now almost double their 2009 lows, property sales are picking up rapidly in the wealthy investor’s first port of call – New York. A total of 70 Manhattan listings above $4 million went into contract last month, the highest number since before the crash in January 2007.

CNN also reports a nationwide increase in luxury property sales across the US. According to real estate data provider DataQuick Information Systems, sales of million-dollar homes rose in all 20 major metropolitan areas across the country last year, with the highest increase in San Jose, California, where sales rose 27.4%. Outside of this bracket, however, sales fell by 2.8%.

Across the pond, British estate agents Knight Frank have also reported an increase in high-end enquiries within their overseas property sector. Liam Bailey, head of residential research at the firm, indentified the Swiss ski resort of St Moritz, the Cap Ferrat area in the French Riviera and the Portuguese golfing haven of the Algarve as hot spots for luxury property investment in 2011. “Wealthy residents from a growing number of countries are investing more of their portfolios in luxury residential property across a wide variety of locations”, said Bailey.

Source: www.Themovechannel.com

Ktima Chantzi once again supports sports and culture by participating as the grand sponsor of the show “Fashion meets art and sports.
The event was held on Monday, November 1st at the Museum of Contemporary Art in Thessaloniki. Jewelry and furs were presented at the show by ‘MICHAEL’ and «SAMARAS», fashion houses. All proceeds were allocated to the Society “Kallipateira”.

The show was attended by personalities from the sports field and modeling. This gave Voula Patoulidou, Vicky Chatzivasileiou and many other celebrities honored the event with their presence.

The complex “Ktima Chantzi” will be presented on «Alefalde Del Kilimangiaro», the first in viewership travel tv show in Italy. Alessandro Nitto, the journalist from the Italian state channel RAI3, visited on 9/9/2010 “Ktima Chantzi” in order to gather footage for the purposes of the presentation of the complex on the tv show.

The journalist was excited by the high quality of the construction of the complex, with the gold sandy beach, the deep blue sea and the natural beauty of the landscape.

The tv show will air in Italy on the beginning of March.

Ktima Chantzi in collaboration with the branch network of Hondos Center offers holidays worth of 1.300 €.

One winner will have the opportunity to win a 5days stay in a fully furnished villa of the complex living an unforgettable experience. The promotion is valid until 30/11/2010 and the winner will be announced on 11/12/2010 after a draw which will take place at Omonia Hondos Center.

The promotion is linked to the campaign of Ktima Chantzi “Invest in your dreams” and aims to offer the public a unique experience in an ideal holiday home.

“KTIMA CHANTZI Executive Villas” presented on September 17^th and 18^th its’ new business project. The project refers to the expansion of the current complex with 36 more luxurious villas with 36 private pools in a plot of 2 hectares. The houses will be available for rent.

In presenting the new venture the company hosted in the complex delegations from foreign embassies and Greek organizations.

Among the guests were: Alin Ungur, Financial Consultant of the General Consulate of Roumania, Ivan Ivanov, Bulgarian Consul, Maria Rosa Girace Pieralisi, Manager of the Italian Institute of Thessaloniki, Theodora Constantinidou, General Consul of the Cyprus Republic, Alexandros Alexiadis, Head of the Office of Economic and Commercial Affairs of Northern Greece for the Ministry of Foreign Affairs.

The guests received a tour of the complex KTIMA CHANTZI and observed the new business venture for the expansion of the complex which will contribute furthermore to the development of tourism in the area and to attract investors for its purchase.

KTIMA CHANTZI Executive Villas participated in the 3^rd Greek-Arab Forum that was held by the Arab-Greek Chamber and the Hellenic Federation of Enterprises at 23 – 25^th September in Athens.

During the forum, direct meetings with Arabian businessmen took place at the company’s pavilion. The businessmen expressed their enthusiasm for the complex KTIMA CHANTZI and the new development project which will be an expansion of the complex by 36 houses with 36 private pools in a plot of 2 hectares.

As noted, it is an innovative project for the data of the Greek Tourism and it responds to the new trend of the summer house in the tourism industry which is the rent by the week while it is also an exceptional opportunity for investment activity.

Ktima Chantzi sponsored the traditional annual summer dance which was held on Monday, June 21, in Ingle Hall of Anatolia College.

The event was organized by the Association of Friends of Anatolia College and the proceeds of the evening will be given for the purchase of a lift for persons with disabilities in Macedonia Hall building of the school.

Nor the erratic weather, not the last minute storm discouraged the friends of the school, who for the “good cause” of the event organized, gathered at the school to celebrate the 25th anniversary of the establishment of the club. On the occasion of the anniversary, the Bureau awarded all the presidents of the Association from the first year of its establishment and gave them each a painting, created by the painter Mrs Katerina Rachmani, who is always close to the club. Ktima Chantzi applauses and encourages such actions that have to do with the future of our children.

24th National Convention of Neurosurgery

Ktima Chantzi sponsored the annual meeting of Greek neurosurgeons held in Hersonissos, Heraklion, in Crete from 19 to 23 May 2010 to support the medical sector on the latest developments in healthcare.
Ktima Chantzi having high social responsibility was once again close to the medical community.

8th Pan-Hellenic Convention on Multiple Sclerosis

Ktima Chantzi attended as a sponsor the sessions of the 8th National Medical Convention on “Multiple Sclerosis: The beginning of the end”, with international participation, held on 26-28 May 2010 at the Hotel Macedonia Palace in Thessaloniki.

The conference was aimed at:
• The distribution of new and highly optimistic these skills in scientific community and people with Multiple Sclerosis.
• The Investigation of the value of recent developments in the daily lives of people with Multiple Sclerosis.
• The Review techniques and knowledge to improve the quality of life of people with Multiple Sclerosis.
With its presence in the convention Ktima Chantzi aims to improve the quality of life for people with Multiple Sclerosis and treatment.

Ktima Chantzi has recently received the award for «BEST DEVELOPMENT 2010 – GREECE» by Overseas Living Magazine in a category for Luxury Lifestyle Awards where the best destinations for investment are distinguished. The award received by the complex of luxury holiday homes, built by the company “THEMISTOKLIS CHANTZIS”, concerned the Creation of the Best Development in Greece. The award was based on specific criteria that were evaluated by the committee of the awards.

Specifically, readers and editors of Overseas Living Magazine reward the excellence and the innovation in real estate industry and additional services in the whole tourism industry.

The votes were registered online at the magazine’s website from a database that has more than 35.000 decision makers in this industry.

The magazine that presents properties all over the world and fascinating destinations for investors, awarded the superiority of the complex and in the same time the innovation and the knowhow of the construction company “THEMISTOKLIS CHANTZIS”. The magazine’s editors recognized the effort of the company for continuous improvement and dedication to details, a fact that places the company at the top of the list of its competitors.

Overseas Living Magazine is a magazine of first class overseas in the field of investment. With its headquarters in the United Kingdom since 1999, it presents the finest properties and the most exciting investment destinations around the world.