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When luxury meets legendary icons

A new exciting team competition series at iconic locations

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When luxury meets legendary icons

A new exciting team competition series at iconic locations

Exclusiveness, high quality and more, this is Baron de Monte-Carlo

Exclusiveness, high quality and more, this is Baron de Monte-Carlo

Pinot noir, Syrah, Chardonnay, Cabernet Sauvignon, Carignan, Gamay and Merlot.. the wine sector is definitely one of the most interesting and complex industry that wonderfully blends together tradition and heritage with modernism and technology. We had the pleasure to speak with Erwann Guegan and learn more about the brand Baron de Monte-Carlo and what’s behind this fantastic wine.

Where does the name Baron de Monte-Carlo come from?

Baron Christian Louis de Massy, son of Princess Antoinette of Monaco and Anthony Nogues, the creator of the famous Grand Prix de Monaco, is at the origin of our exquisite brand of wines, named Baron de Monte-Carlo.

What makes Baron de Monte-Carlo so unique and special?

We firmly believe in the importance of quality. Our wines are elaborated only by the best winemakers, notably Eric Bonnet & Yves Cuilleron, and the renowned Ramatuelle winemakers who have been awarded year after year by the world’s greatest labels and gastronomic critics. By doing so, Baron de Monte-Carlo wines have been selected among the most prestigious wines produced in France, each of our appellations among the best terroirs of these appellations.

What are the key elements in the wine industry?

The quality of the wine is extremely important. That’s why we selected Yves Cuilleron and Eric Bonnet to join in this project. They have a world-famous reputation, their wines can be found in top end restaurants and are known by just about any sommelier in the world. The brand is also very important, in our case for instance Monte-Carlo is known all over the world, “Baron de Monte-Carlo” inherits and inspires elegance, the highest quality and respect. The appellations also need to be known, therefore we selected prestigious appellations such as Chateauneuf-du-Pape, Gigondas, Condrieu, st Joseph, Côtes de Provence rosé among others. Last but not least, the packaging needs to be appealing and high-end, we have dedicated attention to every detail from labels to cases, everything is top-of-the-range.

Where can potential clients have the pleasure to drink Baron de Monte-Carlo?

Thanks to the ancestral tradition and meticulous know-how that our winemakers have, Baron de Monte-Carlo wines are able to bring a unique experience of pure pleasure. Therefore, to ensure the best experience, clients can drink our wines in top end restaurants or in high-end retail stores.

Our brand and our selected winemakers share the taste for excellence, their lands have been cultivated with love and passion for generations, committing to preserve their terroir through sustainable viticulture methods.

Erwann GueganBaron de Monte-Carlo

Do you have any limited edition or special projects in the pipeline?

We are working on very exclusive wines – barrel selected – at the estates with limited edition number of bottles but for the moment I cannot say more.

If you could drink a glass of wine with somebody, with whom would you drink it with?

That’s an easy one, with my wife

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What is a luxury experience?

What is a luxury experience?

In the last months I have been able to travel to different cities and countries, specifically Dubai, Riyadh, AlUla, Portugal and Monaco. Even if these destinations differ from each other, I noticed that they were still united by a component: a luxury experience, whether it was physical or mental.

Riyadh

It was a family office conference that took me to Riyadh, the 18th Ritossa Global Family Office Investment Summit held at the Voco Hotel. The Chairman & Managing Director of Nama Al Baraka Holding opened the conference with very interesting data about the Kingdom of Saudi Arabia, and made us feel very welcomed. The summit lasted 3 days and we were more than 300 in attendance, from Europe, the US, the Middle Eastern region and Asia and India. On this occasion we spoke about the importance of human capital for growing family businesses, the speakers and I concluded that it is a necessary luxury. It is luxury in the sense that capital growth is expensive and comes amid efforts and sacrifices from families – like sending children to the best schools, spending on education, spending on personal growth, spending on lifestyle and so on.

AlUla

I went to AlUla at the invitation of my friend Pierre Sigg, who has an art residency in AlUla, part of his Sigg Art Foundation. He organized a lunch with the Royal Commission for AlUla and we assisted to a fascinating presentation about the vision for the place. AlUla is a symbol of Saudi Arabia’s openness to secular tourism and its pre-Islamic history. AlUla is an area of 22,000 km2, it is an open-air museum the size of a country, inviting you to travel through time. It is a question of preserving the authenticity of the landscapes, of ensuring the choice of local materials, of respecting the colours, the architecture, the traditions, the populations and of course the history. It is an accumulation of kingdoms, empires and scriptures: Aramaic, Dadanitic, Nabataean, Greek, Latin and Arabic.

Recently, Crown Prince Mohammed bin Salman announced the “Time Masterplan”, a journey to deliver five districts by 2035, a $15 billion blueprint for public-private partnerships. The development project aims to create 38,000 new jobs, attract 2 million visitors per year, increase the region’s population to 130,000, and finally contribute 32 billion dollars to the Kingdom’s economy. One of the first opportunities for private participation in the project is in the hospitality sector. The site, when completed, will have 9,400 hotel rooms and there are already some luxury hotels.

Welcome to the column of our recurring guest editorial staff member H.R.H. Prince Michel de Yougoslavie, Grandson of King Umberto of Italy and Prince Paul of Yugoslavia
The Prince is a "meta-advisor" providing valuable advises to some of the worlds most influential people including Royal Family Offices, and, more surprisingly, an art photographer. Each month, he will touch on the latest trends and happenings within the global luxury and investment worlds, gleaned from his exclusive meetings with the powers that be.

Enjoy

What is a luxury experience?

In the last months I have been able to travel to different cities and countries, specifically Dubai, Riyadh, AlUla, Portugal and Monaco. Even if these destinations differ from each other, I noticed that they were still united by a component: a luxury experience, whether it was physical or mental.

Riyadh

It was a family office conference that took me to Riyadh, the 18th Ritossa Global Family Office Investment Summit held at the Voco Hotel. The Chairman & Managing Director of Nama Al Baraka Holding opened the conference with very interesting data about the Kingdom of Saudi Arabia, and made us feel very welcomed. The summit lasted 3 days and we were more than 300 in attendance, from Europe, the US, the Middle Eastern region and Asia and India. On this occasion we spoke about the importance of human capital for growing family businesses, the speakers and I concluded that it is a necessary luxury. It is luxury in the sense that capital growth is expensive and comes amid efforts and sacrifices from families – like sending children to the best schools, spending on education, spending on personal growth, spending on lifestyle and so on.

AlUla

I went to AlUla at the invitation of my friend Pierre Sigg, who has an art residency in AlUla, part of his Sigg Art Foundation. He organized a lunch with the Royal Commission for AlUla and we assisted to a fascinating presentation about the vision for the place. AlUla is a symbol of Saudi Arabia’s openness to secular tourism and its pre-Islamic history. AlUla is an area of 22,000 km2, it is an open-air museum the size of a country, inviting you to travel through time. It is a question of preserving the authenticity of the landscapes, of ensuring the choice of local materials, of respecting the colours, the architecture, the traditions, the populations and of course the history. It is an accumulation of kingdoms, empires and scriptures: Aramaic, Dadanitic, Nabataean, Greek, Latin and Arabic.

Recently, Crown Prince Mohammed bin Salman announced the “Time Masterplan”, a journey to deliver five districts by 2035, a $15 billion blueprint for public-private partnerships. The development project aims to create 38,000 new jobs, attract 2 million visitors per year, increase the region’s population to 130,000, and finally contribute 32 billion dollars to the Kingdom’s economy. One of the first opportunities for private participation in the project is in the hospitality sector. The site, when completed, will have 9,400 hotel rooms and there are already some luxury hotels.

Welcome to the column of our recurring guest editorial staff member H.R.H. Prince Michel de Yougoslavie, Grandson of King Umberto of Italy and Prince Paul of Yugoslavia
The Prince is a "meta-advisor" providing valuable advises to some of the worlds most influential people including Royal Family Offices, and, more surprisingly, an art photographer. Each month, he will touch on the latest trends and happenings within the global luxury and investment worlds, gleaned from his exclusive meetings with the powers that be.

Enjoy

Dubai

Dubai, with its skyscrapers and malls and hotels is a show window for luxury. I think every luxury brand on the planet is there, it is an amazing experience and today by simply naming Dubai the association with luxury comes naturally. I took this opportunity to visit my friend Serge Conesa, the founder of Immersion4, a cutting-edge solution to the problem of cooling data centers.

Portugal

I went to Lisbon and immediately I was immersed in the history of this country, made of explorers. Everywhere you look at, you are reminded of that: the monuments around town, the harbour on the river Tagus where you can see modern and antic ships – like the Caravelle that allowed explorers in the 15th century to go to Africa and into the Atlantic Ocean. I went to Cascais to visit the Grande Real Villa Italia Hotel & Spa, a five-star luxury hotel, built on what was my grand father King Umberto’s house. Immediately, I had a flood of memories. I also went for a walk with Carlos, a Portuguese friend of mine whom I know since I am 20 years old. We had time to recall so many adventures and memories. Being able to relive so many cherished moments was a real luxury and after this trip I couldn’t stop thinking about the notion of time and how time is a perception that takes on different speeds, depending on how one’s look at it. During my stay in Portugal, I met Rita and Adeline, they are helping me to find the perfect location for my photography exhibition. We looked at some amazing palaces, but I will share the final and selected location in a few months.

Monaco

I was able to see the tennis tournament, the Rolex Monte-Carlo Masters, which saw the victory of Mr. Tsitsipas. The weather was perfect, the village was full of sponsors, including luxury brands of alcohol, watches, clothing, airlines, automobile, hotels, telecommunication, hotels, radio stations, news groups. It attracted a vibrant crowd, where celebrities were mingling with tennis lovers. I was myself invited at the Pavillion of Moët Hennessy Diageo, which was very pleasant and where the hosts made everything possible to make you feel confortable, well treated and special. They achieved their goals perfectly. Moreover, I had a fantastic meeting with the inventor of livingpackets.com, whose product “THE BOX” was elected at CES (Consumer Electronic Show in Las Vegas) as “the product with the greatest chances to change the world”, its aim is to replace 100 billion waste packaging per year. Having the opportunity to meet and talk the inventor of such a groundbreaking solution does not happen every day.

Welcome to the column of our recurring guest editorial staff member H.R.H. Prince Michel de Yougoslavie, Grandson of King Umberto of Italy and Prince Paul of Yugoslavia.

The Prince is a "meta-advisor" providing valuable advises to some of the worlds most influential people including Royal Family Offices, and, more surprisingly, an art photographer. Each month, he will touch on the latest trends and happenings within the global luxury and investment worlds, gleaned from his exclusive meetings with the powers that be.

Do not miss our next Wall Street Luxury Europe Newsletter

Subscribe now

Behind the scene of the Rolex Monte-Carlo Masters

Behind the scene of the Rolex Monte-Carlo Masters

The iconic Rolex Monte-Carlo Masters just came to an end, and Wall Street Luxury Europe had the pleasure to talk with the director of this prestigious tournament, Zeljko Franulovic.

It is a pleasure to meet you Zeljko, can I ask you to tell us something about yourself and your professional career?

I started my professional career as a tennis player. In the 70s and 80s I was in the top 10, with a total of 9 ATP victories, including Monte-Carlo in 1970. Until the 90s ATP only had a small office in Paris and because the players organization was getting more important, I was called to run the European Head Office which we decided to set-up in the Principality of Monaco. During my ATP career I served as a Board member, Executive Director for Europe and Tournament Director of the ATP Finals in Frankfurt, Hannover and Lisbon. In 2005 I became Director of the Rolex Monte-Carlo Masters.

How would you describe the Rolex Monte-Carlo Masters and what makes Monaco such a special destination?

There are no other tournaments like Monte-Carlo. It is a historic event with a prestigious trophy the Prince’s Cup that is coveted by all players. There is a tradition and heritage that come with this destination – we just held the 115th edition. Moreover, even if the venue is relatively small and we maximized every single square meter, we put a lot of efforts to build a kids zone that we also use as a tennis platform to inspire the younger generations. The overall atmosphere is very special here and the sight overlooking the sea is spectacular.

The 2022 Rolex Monte-Carlo Masters came to an end with Tsitsipas’ victory. What can you tell us about this edition and how was to see the audience back for the first time after the pandemic?

After two years of pandemic, 2022 was a big relief. In 2020 the tournament was cancelled and in 2021 was organized behind closed doors. Until mid-March 2022 we were not completely sure how many people could actually attend but on the 14th of March the good news arrived: there was no more need for vaccination or testing (last year each player had to get tested every second day) and finally, we could run our event at full capacity. This allowed us to sell almost all our tickets and to host more than 132.500 spectators (more or less like in 2019). The atmosphere was festive again and Tsitsipas’ victory was the icing on the cake, he is a spectacular player, indeed.

How does it feel to be the director of this prestigious tournament and what skills are required?

I come from a tennis family, my background is in tennis and having been a professional player it gave me a significant edge. Furthermore, during my tennis career, I was also studying law and have graduated at the university which came in handy when I started running tennis tournaments. This being said, my academic and professional background have been a good combination and instrumental when it came to running a major tournament like the Rolex Monte-Carlo Masters and making it successful.

In your opinion, how much tennis differs from other sports? What makes it so enjoyable?

Tennis is an individual sport, it is global and easy to follow, it is not violent and in general players are behaving well. Families prefer it compared to other sports because it’s a good sport for their children’s body and mind and for developing their identity.

What do you think of today’s tennis and what are your thoughts on the future of this sport?

Tennis has evolved so quickly because the whole world has changed in the past few decades thanks to the technological progress and transformations that followed. The game itself became more athletic and professional: players now have a coach, a physical trainer, a video analyst, etc., generally speaking they are better prepared. The game has become faster because the equipment and especially the rackets have considerably evolved. Players, themselves are stronger and taller. I cannot say if it is better or worse, it is as it is. Also the press and media coverage have intensified and have followed the transitions, now you can watch a tennis tournament via streaming on your smartphone, which was unthinkable a few years ago. The future of the Rolex Monte-Carlo Masters is bright, the tournament kept growing and now after 17 years of my involvement it is well established and recognized all over the world, it can only work on minor details to make the fan experience even more exciting.

Images Courtesy of Rolex Monte-Carlo Masters.

Interview by Trudy Berger

Rediscover Porto Montenegro: introducing the new Boka Place neighborhood

Rediscover Porto Montenegro: introducing the new Boka Place neighborhood

Boka Place is Porto Montenegro’s newest neighbourhood – awash with activity and friendly spirit, offering a collection of vibrant new spaces to eat, shop, stay and recharge. The village’s latest development is a dynamic hub where light, airy spaces bring new retail, gastronomy and entertainment venues to the Adriatic’s prized waterfront community, alongside a new portfolio of residences where waterfront luxury-meets-urban convenience.

More than just a simple hotel, a new lifestyle complex

The complex is conveniently located at the entrance to Porto Montenegro, just a short walk from its marina and luxury waterfront village. Its 2023 arrival will redefine marina living with an even bigger retail, restaurant and entertainment offering across 7,400m2, including luxury boutiques, bustling bars and bistros, with an additional 45+ new tenants signing up, which will overlook the area’s vibrant superyacht marina.

Courtesy of Kerzner International, the development welcomes a brand-new, urban-centric, five-star, fitness-infused hotel concept – the world’s first SIRO – bringing a revolutionary new hospitality brand to Porto Montenegro, with fitness and wellbeing at its core.

Blurring the boundaries of urban architecture and the great outdoors, the contemporary interiors of this new lifestyle complex spill out to open spaces where natural light and greenery meander around a central courtyard. Boka Place becomes home to a vibrant retail and dining offering, with a wealth of leisure and community gathering spaces, intertwined with botanical walls, gardens and water features. The complex will house renowned retailers and galleries, alongside an open-air food hall and market concept, three-screen experience cinema and indoor climbing wall – for a recreation-meets-indulgence match.

Well-being, fitness and sophistication at its core

The design-led SIRO hotel will offer an immersive living experience with holistic wellness at the core, integrating five-star hospitality with fitness, nutrition and restoration, and a wellness-focused approach to health and fitness, appealing to modern, global lifestyles and reinventing the traditional hotel concept to create game-changing experiences that inspire and revitalise. The hotel will feature a cutting-edge fitness club, Recovery Lab, dedicated spaces for yoga and meditation, swimming pools and nutrition-led dining, complementing life at Boka Place and its relaxed new stance on luxury living.

Boka Place is set to become one of the area’s sophisticated addresses offering urban living, with multiple benefits for residents, such as invitation-only events and summer kids’ clubs days, as well as membership to the Porto Montenegro Yacht Club. It will comprise of 213 apartments, ranging from studios to penthouses. Prospective residents will be able to choose from a range of SIRO-managed residences or private residences. Approximately 85% of SIRO-managed residences have been sold and reserved since the launch of off-plan sales in Summer 2020. Each apartment has been designed with wellness in mind – featuring large open spaces, built-in stretching and exercise units, air purifiers, ergonomic furnishings and sustainable materials, sitting perfectly within the wellbeing- and restoration-focused brand. The 144 SIRO-managed residences will benefit from 5-star hotel services, alongside luxury fitness and wellness facilities. In addition to the exclusive hotel-managed residences are a smaller selection of 69 private residences, managed by the Porto Montenegro M-Residences rental management scheme, and will feature exclusive access to a stunning rooftop pool with panoramic views of the Adriatic Coast. The new complex will offer a mix of generously sized studios, 1-, 2- and 3-bedroom apartments and 2- and 3-bedroom duplexes, with prices starting from just 240,000 EUR.

The new gem of Porto Montenegro

With construction already underway and scheduled for completion by 2023, the wheels are firmly in motion for Porto Montenegro’s most exciting new development to date. From bustling bars and bistros, elegant boutiques, live music and family entertainment, the village’s new vibrant and eclectic urban hub creates the perfect marriage with the SIRO hotel brand, with a focus on activity, friendly spirit and transformative wellness.

Aside from the Mediterranean climate and allure of the Porto Montenegro village, a number of other factors are at play in making Boka Place an excellent choice for investors. Not only can buyers now qualify to become Montenegrin citizens, they can do so with or without relocation requirements, catering just as well to those in search of a second home in the sun whilst securing return on investment through a series of bespoke rental management programmes.

Southern Montenegro has long been known for its pleasant weather and organic Adriatic cuisine, while in recent years, Porto Montenegro has become the country’s trademark development, adding an undertone of luxury to the wild beauty. For a minimum of 450,000 EUR investment in real estate and a 200,000 EUR government fund donation towards the country’s infrastructure, investors can enjoy the prospect of a lovely new home coupled with a new passport in as little as six months.

Montenegro’s favourable tax economy boasts one of the lowest personal, corporate and capital gains tax rates in Europe, whilst opening a business is a simple and accessible option for those seeking Residency by Investment.

To find out more about Montenegrin Citizenship by Investment Programme and investment opportunities at Boka Place, please contact us

Disruptive and award-winning business despite challenging times

Disruptive and award-winning business despite challenging times

Every stop in life is the chance for a new beginning. Recently, the airline industry came to an abrupt stop, with many flights cancelled and certain flight routes ceasing to exist. At the beginning of the pandemic, airline travel was virtually impossible, and, for a moment, the industry paused to reflect instead of making quick decisions. We took our time to understand the gravity of the situation and carefully prepared ourselves for what we now know was one of the most productive years in the history of private aviation.

In 2021, business aviation became an appealing option to a whole new class of premium passengers who previously may never have considered private flights. Private aviation was quickly recognized by many as the safest and most reliable way of traveling during an epidemiological pandemic.

After finally overcoming the bacteriological crisis, we thought that the challenges were over and instead, unfortunately, another tragedy began to unfold whose developments are unknown at the current Ukrainian Crisis. As stated by Arie De Gues “The ability to learn faster than competitors may be the only sustainable competitive advantage”, Camber Aviation Management did exactly that: the firm stopped, thought about what happened and made decisions consequently. The outcome has been incredible, the enterprise has been able to achieve impressive results thanks to the dynamism and perseverance that have distinguished the company.

Supporting Perseverance – Camber Backs Young Canadian Mountain Bike Racer

Perseverance always makes a difference. It is determination that pushes us to overcome difficult times and excel beyond our limits. For Camber Aviation Management, it is highly important to invest in the community and in future generations, that’s why they decided to be the official sponsor of Coen Skrypnek, a promising 17-year-old mountain bike racer from their hometown of Squamish (British Columbia, Canada), and to support him on his 2021 European Tour.

The previous year, in the depths of the COVID crisis, there were few opportunities to compete, so Coen focused on his training, on sunny days, but also in the depths of winter, in the cold rain and sleet, he worked on his lines, on his strength and confidence. The results were impressive, Coen earned a spot in the 2021 World Cup Tour.

With plenty of confidence and a charming smile, Coen never faltered in spirit. He raced hard, overcame some significant challenges including bursting a tire in the final third of one race and yet still completing. It was precisely this courageous and combative spirit that prompted Camber Aviation Management to renew the sponsorship of the Canadian mountain bike racer for the current year, with the hope of reaching and sharing important goals during the 2022 World Cup Tour.

The A220 Corporate Cabin Concept Won the Award for “The Best Private Jet Design / Concept”

One of life’s greatest rewards is seeing your work bring pleasure to someone, but every once in a while it is also satisfying to be recognized for your efforts. Together with Pierrejean Vision and Kestrel Aviation Management, Camber Aviation received the prestigious award for the best Private Jet Cabin Design Concept at The International Yacht & Aviation Awards 2021 presented by leading interior design magazine “design et al”.

Camber’s A220 Corporate Cabin Concept has been awarded “The Best Private Jet Cabin Concept” based on four key criteria: modern, state-of-the-art technology comparable to competitors; cabin volume equivalent to the Airbus A319Neo or Boeing BBJ Max7; exceptional take-off performance from hot, high, and short runways, and the ability to adapt the passenger cabin into a bespoke private aircraft layout.

There were many objectives behind this innovative concept beginning with its unique seven-zone modular layout. Each cabin was composed of three fixed zones (entrance/galley, lavatory/wardrobe, private suite with ensuite washroom) and four variable zones. The design had to be innovative, clearly differentiate itself from competitors, including state-of-the-art systems/materials, and provide options for cabin aesthetic customisation.

Thomas Chatfield Joins the Davi Audio Advisory Board and the IASO Board of Directors

The past year has been an exciting time for Camber Aviation Management’s CEO and aviation expert, Thomas Chatfield, as he became the newest board member of The International Aviation Services Organization (IASO) and Davi Audio.

IASO is a global nonprofit professional industry forum for airport and aviation service providers. The organisation acts as a parent association for all aviation service companies worldwide, consulting on issues and developing best-practice policies for the entire industry.

Davi Audio, Inc., a new US-based high-tech electronics manufacturer with its team of industry veterans preparing to launch its groundbreaking line of Extraordinary Handcrafted Personal Audio. Davì Audio creates the first true luxury bespoke personal audio products befitting of the VVIP aircraft experience.

Connections, connections, connections

Choosing the right business partners is key. Working in the private jet industry and with UHNWI clients requires exceptionally high standards of excellence. You must always strive to surpass your client’s expectations and that means only partnering with the very best. As a result of the increasing number of requests to assist UHNWI clients in transforming their vision of a perfect private jet into reality, Camber Aviation Management and Wall Street Luxury Europe have partnered together to provide the best possible support and deliver outstanding private jet solutions.

All images in this article is copyright of Camber Aviation Management. All rights reserved.

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Some call it paradise, you can call it home

Some call it paradise, you can call it home

Sitting on your balcony with your morning coffee, you gaze across the marina’s neat rows of sparkling yachts to a sweeping expanse of water, its surface barely ruffled by a gentle breeze. In the distance, a line of plump hills marks the opposite shore of the bay, their wooded flanks unscarred by roads and buildings. Immediately below you, as the village comes to life, its pedestrian boulevards remain almost silent. There’s no traffic. People stroll. The pace is slow. The peace is absolute. This is Porto Montenegro, and the community’s slogan, “a life less ordinary”, could hardly be more fitting.

Founded some 15 years ago by a consortium of visionary developers, Porto Montenegro is set in the spectacularly beautiful Bay of Kotor on Montenegro’s Adriatic coast. From historic origins as a naval base, it has been transformed into an exquisite waterfront destination, with low-rise apartment buildings, tree-lined pedestrian boulevards and an array of chic boutiques, restaurants and cafes surrounding a breathtaking superyacht marina.

What began as a best-kept secret among yachting aficionados is no longer so secret, as sophisticated travellers add Montenegro to their list of must-go destinations. With few exceptions, they immediately fall in love with the place, seduced by its natural beauty and the warm welcome they receive. For a significant number, that love-at-first-sight feeling has translated into a decision to buy a home in Porto Montenegro – whether as a seasonal hideaway or a permanent base – secure in the knowledge that its world-class amenities make it a sound investment in both financial and quality-of-life terms.

Against a backdrop of steadily rising property values (an increase of 62% for waterfront properties at Porto Montenegro over 10 years), the stability of the Euro currency and a very low-tax and business-friendly regime, Porto Montenegro has become a vibrant and cosmopolitan residential community, as well as a year-round destination. For families, there is an International School that offers the IB curriculum; and for business people, the South village offers a variety of attractive offices for rent.

A Wealth of Outstanding Choices for Home Buyers

 

While some home buyers are content to wait for the completion of the new Boka Place neighbourhood in 2023, others fulfil their urge to move immediately by buying into one of Porto Montenegro’s recently completed buildings, where a limited number of residences are still available.

Set directly on the quayside, Regent Pool Club Residences comprises two wings – Baia and Aqua. Designed in sleek, contemporary style and linked at podium level by an expansive terrace with swimming pools, the residences feature light-filled interior spaces and sweeping views of the sea or mountains. Owners have access to all services and amenities of the five-star Regent Porto Montenegro and can benefit from the hotel’s optional rental pool programme. Prices start at €418,000 for a one-bedroom apartment.

Just a few steps back from the waterfront, Elena Residences is a sophisticated addition to Porto Montenegro, with well-planned interiors featuring expansive terraces and beautiful views of the sea or mountains. Owners are offered a comprehensive menu of services including the option of interior design and furnishing solutions, and access to Porto Montenegro’s well-established M Residences rental management service. As in Regent Pool Club Residences, buyers receive automatic membership of the exclusive Owners’ Club, with its dedicated lifestyle team and portfolio of special privileges. One-bedroom apartments in Elena Residences start at €463,000.

As an added benefit, those who purchase one of Elena or Regent Pool Club residences until May 31st 2022, will receive right of immediate occupation after just a 30% down payment. The remaining 70% paid can be paid quarterly over two years at 2% interest, or over three years at 2.5% interest. Additionally, new homeowners will also be able to enjoy waived maintenance charges for 12 months after signing the sale’s purchase agreement.

Meanwhile, work continues apace on construction of the village’s new jewel, Boka Place – a rare chance to create an easygoing yet elegant lifestyle, become part of the vibrant and welcoming community that’s already well established in Porto Montenegro, and make a sound investment. Due to be completed in 2023, this lively, top-of-the-line urban-style neighbourhood has been designed for year-round living, with a focus on wellbeing and fitness. It features a wide variety of residences, high-quality retail outlets, exciting eateries, a new flagship SIRO hotel, and a plethora of entertainment activities for families, couples and friends. With its distinctive style and privileged position, Boka Place also presents an excellent investment opportunity, in terms of both capital appreciation and the option to benefit from a well-established and proven rental management programme.

Slavica MilicResidential Marketing Manager, Adriatic Marinas d.o.o.

A New Adriatic Hotspot for Shopping, Dining and Hospitality

 

A gateway to Porto Montenegro’s laid-back elegance, Boka Place is just a few steps away from the buzz of the marina and the glamour of the Yacht Club. Positioned to become one of the Bay of Kotor’s most sought-after locations, it will bring together 45 new retail offerings – from shopping and dining to recreation and entertainment. Shops will range from international lifestyle brands to purveyors of everyday essentials, including a flagship market and food hall to meet the needs of Boka Place residents. Spread across 7,400 sqm of land, the neighbourhood will also feature a multi-screen cinema complex, and will host a plethora of cultural events showcasing music, art and food.

A great asset of Boka Place will be the world’s first hotel SIRO – a new hospitality concept created by Kerzner International, the group behind Atlantis and One & Only Resorts. Adding dynamism to the neighbourhood and encouraging a health and fitness-infused lifestyle for hotel guests and Boka Place residents alike, the 96-room SIRO will feature an exceptional wellness sanctuary and fitness centre. Available to all residents, the immersive lifestyle experience offered by SIRO will redefine the notion of wellbeing.

Relaxed Luxury Living Has a New Home

 

On completion, Boka Place will feature a total of 213 residences, including studios, one-, two-, and three-bedroom apartments and penthouses, and two- and three-bedroom duplexes. Buyers may choose from a range of SIRO-managed residences or purchase their own private units, with property prices starting from €240,000. Residents will benefit from invitation-only events and exciting summer clubs for children, among other privileges.

The private residences in Boka Place offer exclusive access to their own pool, as well as privileged access to SIRO wellness programmes. Porto Montenegro offers management of these units as part of its bespoke M-Residences rental management scheme, a well-established programme with a proven track record of return on investment.

As an added attraction for buyers, Boka Place residences can also be purchased with a 30% upfront payment, with the remaining amount payable upon the building’s completion – interest free. A rare opportunity to own luxury real estate under incredibly convenient conditions, these payment plans and benefits are only available from now until May 31st 2022.

Development of this new neighbourhood continues to gather pace and, for those who decide to become part of the Boka Place journey by investing in a property, it promises to deliver a very solid investment – both financially and in terms of an exceptional lifestyle.

But there’s more to this story than attractive real estate. It is very easy to fall under the spell of Boka Bay: it has a special, indefinable magic that goes beyond the spectacular natural surroundings – a serenity that is increasingly valuable, yet ever harder to find, in today’s world. And that makes the prospect of a home in Porto Montenegro hard to resist.

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Diamonds are a girl’s best friend

Diamonds are a girl’s best friend

Wall Street Luxury Europe has decided to become a partner of Vivid Events and as a result of that we have had the opportunity to speak and exchange some insights about the jewelry industry with Tracey Ellison, better known as “TheDiamondsGirl”, jewelry blogger.

Hi Tracey, can you tell us about your career and how you became the diamond’s girl?

I have always loved jewelry. Ever since I was little, I remember spending a lot of time in front of the windows mesmerized by these incredible and unique pieces. In fact, on special occasions like birthdays I only wanted to receive jewelry, I wasn’t interested in fashion like other girls. In 2014 I opened an Instagram profile to share this passion of mine, just out of fun. With time, I started to get more followers and receive invitations from brands, it all happened on its own, very organically. However, at that time, I also had a stable corporate job, so during the day I was working and during my evenings or leisure time I was developing my channels and pursuing my passion. At a certain point I had to decide whether I wanted to continue in the corporate world or if I wanted to take a leap of faith and pursue this uncertain journey. I chose my passion and here we are.

Currently, there is a high demand for fancy cut diamonds, a shift from the past focus on round brilliant cut as the perfect engagement ring. There is a high demand for fancy cut emerald and pear cuts, as well as oval, cushion, and radiant shapes.

Tracey Ellison a.k.a The Diamond GirlFamous jewelry blogger

In the past jewels were bought only by men as a love gesture towards their beloved ones. Today we live in an era in which women also like to purchase jewels for themselves. Do you prefer to receive a jewel or to buy it yourself?

I totally agree, as you said, nowadays it is okay to buy important and significant jewels, we are confident enough to purchase expensive products for ourselves. Personally, I like both, self-gifts and gifts, they will trigger different emotions. Moreover, the meaning and personal attachment behind each piece will be different. For example, when you treat yourself to something special, it’s often to mark a significant achievement or milestone. Every time you wear that item, you will be reminded of the pride and joy you felt at achieving that milestone. When we speak about jewelry the most important thing is the emotion that it transmits to you. When you wear a jewel it should give you instant pleasure, that’s why I think you should always wear and enjoy them, they are not made to be kept in a box.

What do you think about lab grown diamonds?

Before the pandemic, lab grown diamonds were already becoming a trend and this has continued and grown significantly. Lab grown diamonds are so perfectly made that with the naked eye you are not able to recognize the difference between a natural and a synthetic diamond. But there is a profound difference, one is the result of a miracle by nature and the other is made in laboratories. To me everything has to do with emotions and buying a lab grown diamond is like buying a counterfeit bag or watch: in terms of functionality, it performs the same function of the real branded one and looks the same! But you don’t have the romance, passion, and emotions that the branded item is able to bring along. However, I totally understand that diamonds are not within everyone’s reach, and the mining industry itself has a murky past, so I understand that for multiple reasons someone would choose lab grown diamonds. Personally, I’d rather own something smaller and ethically sourced but made by nature than something bigger made by laboratories.

In your opinion, is there a unique piece that every woman should have? In fashion it would be the black dress but in the jewelry industry?

Diamond stud earrings, no doubt about it. I love earrings, they have the ability to frame the face of a person, they bring brightness to someone’s face by reflecting the natural light. As a matter of fact, diamond stud earrings were my first self-gift. They are so versatile, you can wear them on all occasions, from a Gala night to an everyday outfit.

Which differences have you noticed in terms of tastes and purchases between each nationality and culture?

In general, I think it really goes down to the differences in cultural tastes, jewelry market and safety. For example, Italian artisans mostly work with gold, and they are very innovative in terms of technique and design. Italian masterpieces are considered appealing worldwide, these jewels perfectly reflect Italian culture made of fun and passion. On the other hand, the Middle East market tends to appreciate more important and rare stones like rubies, while Far East customers conversely prefer more delicate, elegant, and feminine pieces. Furthermore, it is interesting to highlight that for the Asian culture symbolism is extremely significant, that’s why some brands create exclusive pieces for specific occasions such as the Chinese New Year. Lastly India is a really developed market, from mining to manufacturing and consumption, the jewelry industry is absolutely valued, and today’s clientele appreciate pieces that can mix the traditional Indian culture with new contemporary and trendy design. Depending on the country, you can encounter different tastes and consumption behaviors, however, global brands like Graff, Cartier, Bulgari, Harry Winston and Van Cleef & Arpels, are coveted worldwide, even if their in-store collections vary from country to country.

Speaking of different countries, what are the jewelry exhibitions that you cannot miss?

Prior to the pandemic I used to spend all my time flying from one country to another to attend all jewelry exhibitions. I love these events; they give you the possibility to interact directly with smaller and bigger companies and see their wonderful pieces. Today, for obvious reasons, we have changed our habits and I’m not traveling as much as I used to. However, my absolute favorites are: Jewellery Arabia in Bahrain, Doha Jewellery & Watches Exhibition in Doha; Haute Jewels and GemGenève in Geneva; JCK and Couture in Las Vegas.

And obviously I have to say that I particularly love Vivid Events. Last year was a unique and prestigious experience where selected people of the industry and potential customers were given the possibility to attend, meet jewelry brands, get to know their creations while enjoying a marvelous dinner at a wonderful location in Monaco. To me this was amazing. I must say that Kimberley Williams, (Founder of Vivid Events), did something completely innovative, especially because sometimes entering a jewelry boutique can be intimidating but thanks to this unique concept you can enjoy a beautiful one-of-a-kind evening with incredible people that share the same passion for jewels. When I went in September 2021, it blew me away and exceeded all my expectations, I look forward to attending the next event and recommend everyone to attend!

Selling high jewelry online must be difficult. How has the industry been impacted by the pandemic?

2020 has been a very tough year with retailers temporarily forced to close due to the pandemic, However, as a result, I noticed so much innovation as brands used the situation to try new approaches and stay present. Social media played a major role enabling brands to showcase new collections, and to remain in touch with customers. Surprisingly enough, people bought jewels despite the pandemic because birthdays and other important occasions were still happening and had to be celebrated. Overall, consumers were spending less on travel and fashion…in my opinion, some of that spending was diverted to jewelry due to the longevity that comes with this industry and products. Indeed, in 2021 all jewelers had positive sales and positive results.

How is the diamond industry approaching social media? How can you gain credibility?

Every brand would like to be featured on someone famous’s account, they want celebrities to wear their pieces – especially models and movie stars – and they compete very hard to achieve that, that’s why they work closely with stylers. Then there are us bloggers, we are not wearing pieces on the red carpet, but we are able to show our audience what is available, with the docs on the jewelry item, not the outfit or the hairdo, sharing our expertise and know-how. Brands have started to really appreciate this type of communication because we have a very targeted audience, and we have credibility. It’s a different communication. When I decide to collaborate with a brand, I take into consideration various factors, first the brand must be aligned with my values, my tastes and followers’ tastes, then I look at the quality, design and gem of the jewels because I decided to focus and work only in the very high-end jewelry segment. For instance, my followers know what I think about lab grown diamonds, so they know they won’t find this genre of content on my page. Since I want to stay true to myself, to my authenticity, I really pay attention to which brand I’m collaborating with. If I need to generalize, key factors on social media are consistency, credibility, authenticity, and trust.

Nowadays collaboration is one of the most used marketing strategies in fashion, do you think the jewelry industry will do the same?

We’ve seen Messika jewelry collaborate with both Gigi Hadid and Kate Moss, where they went beyond brand ambassadorship and played a part in the design of the collab collection. Hopefully we will see a lot more in the future!

Conglomerates are taking more and more renowned luxury brands in their portfolio. What do you think about it and what does it mean for the independent and small brands?

As far as I know, renowned brands are happy to be part of a larger conglomerate. However, I do think buying jewelry is a very personal moment, maybe more than any other industry, therefore, I believe customers will support and remain loyal to a brand regardless of ownership. At the end, it all comes down to the relationship you build with your customers and how you treat them. On the other hand, smaller brands cannot spend as much money as conglomerates to build their brand awareness, and to hold massive events with celebrities. It would be a very sad day indeed if the larger companies overshadowed the market to the extent that we lose the creativity and uniqueness of smaller brands, and emerging designers. However, they have other strengths, for instance smaller brands may have better prices, unique pieces, fully personalized service, and they have flexibility that more established brands may not have. Although you encounter two different experiences in a jewelry boutique – depending on the size and how well established a firm is – you will still experience two equally good moments. For instance, when I go to Harrods, I feel like a kid in a candy shop and when I go to a smaller boutique, I really appreciate the level of attention and personalization. I just love being in a jewelry boutique!

Which advice would you give to someone who wants to enter the jewelry industry?

It depends on what they want to do. In general, I would say getting a qualification and studying gems to increase your knowledge. For example, De Beers has really good online courses, Van Cleef & Arpels has a school in Paris and of course there are the GIA courses. Start with education and identify your own style. Additionally, if you can, try to get experience in a boutique at a ground level because you will learn so much about customers, selling, the brand, manufacturing… everything. My first job was in retail! I have highlighted the importance of knowledge because before I was only interested in diamonds but after a trip to Columbia where I got the chance to visit an emerald mine, I started to appreciate emeralds. During the years, my tastes have evolved as TheDiamondsGirl. Now I appreciate all gems, they all have the magic and power to transform an ordinary day into an extraordinary day by making you feel special.

Interview by Trudy Berger

Trends and insights about the private jet industry with Tim Callies

All images in this article is copyright of Callies Graefe Design. All rights reserved

Trends and insights about the private jet industry with Tim Callies

Through our partner Camber Aviation Management, we got an opportunity to speak with Tim Callies – Co-Founder of Callies Graefe Design. Being one of the most sought after and experienced private jet designer in the world, we naturally jumped at the chance to pick Tim’s brain on different trends and insights.

Tim, you started your professional career as a freelance architect. How did you become passionate about the aviation industry? Can you tell us about your experience and your passion for such a peculiar business?

Honestly, it wasn’t love at first sight, however, shortly after I started to enjoy it. What intrigued me and attracted me the most was the fact that in this industry you have the chance to be a real designer because you literally design and craft everything from a blank page. On top of that, each project is completely new, hence you don’t get bored and this aspect combined with the creativity that follows is what has motivated me over the past 16 years.

Of course you as a designer have your own hand signature and an individual design style otherwise the client wouldn’t choose you, but the outcome will be the perfect balance between what you and your client like.

Tim CalliesCo-Founder of Callies Graefe Design

How does the customer journey work? In other words, how does the client approach you and how long does the whole process take from layout to delivery?

First the client has to hire me. It could be a private client or a company. Usually new clients arrive via recommendation. Since I also work on other projects not involved in aviation, it may happen that after concluding a project with a client, he/she asks me to make his/her private jet. Depending on whether it is a refurbishment or a brand new jet the design process may change. On average I would say 1-2 months for refurbishment and 4-6 Months for green (new) jets. Generally, however, we look after our customers until the delivery of their aircraft, as it is very important to us that we ensure during the completion phase that the desired design is also executed in the desired quality. Therefore, a refurbishment project takes about 6 months and a green aircraft project up to 3 years depending on the size of the aircraft and the complexity of the design.

What is the most important thing when building a private jet?

I would say to listen and understand your client’s needs which sometimes it is not as easy as it seems because clients might not be fully aware about what they want. Typical questions can be: How many passengers will you accommodate? How will you use your private jet? Is it only for business or also pleasure? Will you charter it? Particularly this latter point is extremely important because it can change the layout and materials. To give you an example, if you decide to not charter your jet, you might choose expensive leathers such as the glove leather, very soft and delicate, but if you decide to charter it, you might want to consider using another leather, a cheaper and stronger one because if a damage occurs – which can easily happen since people tend to not take as much attention and care as the owner does – it can end up being very costly for you. Moreover, when it comes to understand client’s tastes and desired style, I have noticed there is some confusion, that’s why we usually ask for pictures and which hotels they like, in this way we avoid any miscommunication. We have had very good experience with mood boards, which we present at the first client meetings. With the help of the mood images, it is easier for most customers to communicate their preferred design.

What are the biggest challenges in this business?

The first and not surprising one is the small layout, you cannot add space in a private jet as you may do in the real estate industry. The second and most important one is time, usually the designer is involved in the project too late. In an ideal and perfect world six months would be enough but most of the time you don’t have this fortune. What happens instead is that you don’t have much time to get to know the client, you don’t have enough time to check with the engineer if the mechanisms work and the client might need to adapt to the situation and compromise or sacrifice the overall quality because nowadays prices are higher compared to 15 years ago and behind every change there is a lot of paperwork that is considered an extra cost, so in general it is better if you get it right the first time. Another challenge we can encounter and that is linked to the previous problem is the possibility to talk with the customer. Often, you don’t get to know the final client, you meet the representative but not the real client. What happens is that they will give you the answers that they think their boss would give but they are just guessing because obviously they can know the owner only until a certain extent. Finally, the fourth and last challenge is instant gratification. Today the clientele is younger and they are looking for instant gratification and we need to explain them to be patience and to prioritize quality.

What tools do you use to show your vision to your costumers?

To show how the private jet will look there are some tools. Currently the industry is experimenting with Virtual Reality but I need to admit at the present stage is not a very comfortable tool, however clients get a deeper understanding on the actual use of spaces. To get an even better understanding of the space, mockups are valid substitutes and they avoid the dizziness that sometimes arises from Virtual Reality. Renderings are also very helpful but in my +15 years of experience I noticed the best way to envision your project is from hands sketching. I know today is not a popular thing to say because people are mostly encouraged to develop digital skills, but hand sketches can give you and your client the advantage of keeping an open mind, it allows inspiration and a constantly evolving dialogue between the designer and client. Obviously, after you need to create renderings but if you start with rendering then it is so realistic that you don’t leave room for other possibilities.

At the current moment, which are the trends in this industry and which models do you expect to see the most in the next years?

In general, private jet owners are now younger, so they are willing to experiment and search for what is unconventional. They prefer to have a very colorful interior design instead of the classical and timeless beige because it is already seen and they want a fresher look for their private jet. However, when it comes to refurbishment, customers tend to ask for a contemporary black and white selection. An interesting trend that I have noticed is how the aviation industry is learning and taking inspiration from the automotive industry, for instance, in terms of seat design and its comfortability but also from a technological point of view and of the overall experience. As regards models I expect to see more green jets in the next years, notably the Airbus 350 and the new Boeing 777x. But I also expect narrow jets, such as Airbus 319 and 320neo; Boeing Max BBK Max and Airbus ACJ220.

What is your favorite jet?

From an exterior point of view I would say A350, I really like the wings and its contemporary design, and in terms of interiors I like when it’s futuristic, contemporary and modern.

Interview by Trudy Berger

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