July 20, 2012 | Home Couture Store
Miami’s glamorous South Beach has provided the inspiration for a sumptuously designed new residential project in Mallorca. Sitting on a hill overlooking the sea, just minutes from chic Puerto Portals, Portals Hills Hotel & Residence is a condo-style complex – furnished suites within a hotel – currently undergoing an exciting transformation and due for completion in summer 2013.
Planned in accordance with a new tourism law allowing for condo hotels that is scheduled to take effect this summer, this exceptional development has been envisioned by international luxury estate broker and Mallorcan resident Luis Heymann, who brought together a team of renowned local and international architects and interior designers to create the Miami-inspired architecture and art-deco elements.
Developed for clients with the most discerning tastes, the ultra-fashionable hotel comprises lavishly appointed residential-style condo-suites and two high-end Fendi Casa-furnished penthouses – the epitome of comfort, elegance and cutting-edge design.
According to the developers, one of the key objectives has been to set new standards in the local hospitality and real estate industry. “This idyllic sanctuary isn’t only bliss to the senses but a truly unique experience in one of Europe’s finest destinations. With interiors stylish beyond imagination and seclusion guaranteed, it’s time to surrender to the sublime.”
Signature services will include an exclusive concierge and VIP service, butler, private chef or limousine, and fine dining connoisseurs can indulge in a varied and extensive selection of culinary treats at the hotel’s restaurant: a “feast of discovery” and fusion of the best in Mediterranean and international cuisine including the island’s largest wine vitrine, extending over two floors.
Owners, hotel guests and international jet-setters alike will be able to enjoy the hip interior and exterior bar spaces, created exclusively for the Portals Hills, of the lounge and pool bar, savouring a taste of authentic South Beach elegance while sipping exquisite poolside cocktails and taking in the breathtaking views over Portals and the Bay of Bendinat.
Owners and guests can take advantage of complimentary access to meeting and business facilities as well as a state-of-the-art gym and a signature spa for massage and treatments “in the most delightfully decadent of settings”.
The developers stress that condo hotels are not time-shares, “but rather provide furnished suites within a hotel that are wholly owned by the purchaser. The buyer not only gets the deeds for this property but also profits from any appreciation in its real estate value.
“Unlike most holiday homes, ownership within a condo hotel also offers investors the opportunity to gain a rental income whenever the room is left unoccupied, by entering them into the hotel’s own rental system.”
Local regulations will limit owners’ use of a condo, but there is total flexibility in regard to the dates they choose to visit. “Most owners will occupy their suites only weeks of the year and rent them out the rest; also reaping assistance in paying off their mortgages.
The hotel’s management company takes care of the housekeeping and maintenance of the suites in the owners’ absence, “making this a 100 per cent hassle-free investment”.
These highly desired condo hotel units can be acquired off-plan as soon as the new law has come into effect. Clients are invited to register on Portals Hills Hotel & Residence’s pre-sales list and revisit their website regularly to receive up-to-date progress on “the island’s finest address”.Finest Selection Real Estate - Exclusive Portals Hills agent: