CORPORATE PRESENTATION

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1 CORPORATE PRESENTATION

2 ABOUT LUCAS FOX OUR VISION To enhance our position as Spain s leading independent real estate agency, combining the finestproperties with exceptional customer service. Lucas Fox is a specialist real estate agency offering exceptional properties in Spain s most desirable regions and a full range of property services to and foreign clients. Founded in Barcelona in 2005 by two lawyers from Holland and the UK, the company has firmly established a niche market in prime real estate, rapidly expanding during the last 10 years despite the country undergoing a major economic crisis. Lucas Fox now has 10 offices throughout Spain and Andorra and brings a fresh, innovative approach to the property business and a strong reputation for reliability, integrity and in-depth knowledge. Lucas Fox has an extensive portfolio of outstanding properties in the most desirable areas of Spain, including Barcelona, Marbella, Ibiza, Valencia, Madrid and the Costa Brava. Our client base is widespread, comprising clients from Europe, the US, Russia, the Middle East and South East Asia. In recent years interest from national buyers has increased significantly and account for around a quarter of Lucas Fox sales.

3 Our multilingual residential sales agents offer an unrivalled level of customer service. Their advice and professionalism is supported by market-led research, their own personal experience and passion for beautiful property. STIJN TEEUWEN Co-fundador Lucas Fox International Properties ALEXANDER VAUGHAN Co-fundador Lucas Fox International Properties Lucas Fox has an experienced in-house team of PR and Marketing specialists and each month receives 90,000 visits to its 9 language websites. In addition to the main sites, Lucas Fox s website portfolio includes the lifestyle blog LFStyle, LFPrime for exclusive and off-market properties and the Residency in Spain website for Golden Visa applicants. The company s expertise on property-related matters, market trends and lifestyle is widely recognised both nationally and internationally and we are regularly quoted as a leading authority on real estate. Lucas Fox also offers a full range of consultancy and specialist services to our clients, who range from private buyers and homeowners to developers and corporate investors.

4 REGIONAL OFFICES BARCELONA COSTA BRAVA GIRONA IBIZA MADRID MARBELLA - COSTA DEL SOL MARESME COAST SITGES VALENCIA ANDORRA PORTUGAL WE SPEAK YOUR LANGUAGE:

5 KEY MEMBERS OF THE LUCAS FOX TEAM ALEXANDER VAUGHAN Founding Partner STIJN TEEUWEN Founding Partner TOM MAIDMENT Partner, Lucas Fox Costa Brava & Maresme ROD JAMIESON Head of Sales & Operations JUAN LUIS HERRERO Partner, Lucas Fox Valencia Alexander has lived in Barcelona since 2005 when he founded Lucas Fox. He is a qualified lawyer and has worked for city firms in London, including Freshfields and Farrer & Co. Alexander oversees the ongoing management of the business, overall strategy, the New Developments division and the company s development nationally and internationally. Alexander continues to work with an international client base of High Net Worth private clients. Stijn has been living in Spain since 2002 and co-founded Lucas Fox in He trained as a lawyer and went on to found start-ups in the Netherlands and different areas of the coast. He specialises in high value commercial and residential property and oversees the financial management of the company and business development with an emphasis on commercial and investment property. Tom is a Partner of Lucas Fox s Costa Brava & Maresme businesses. Since joining the company in 2007 he has developed Lucas Fox Costa Brava into one of the region s most successful real estate agencies and in recent years has secured some of the company s largest residential sales transactions. Prior to joining Lucas Fox Tom worked for 12 years in the Sports Marketing industry in London, managing high profile sponsorship, marketing and PR campaigns for global brands. Rod has 13 years experience in the luxury real estate market on the Mediterranean. Born in the UK, Rod moved to Canada when he was 16 where he completed a degree in Marketing and went on to work in Retail Management for several years. Prior to moving to Spain at the end of 2009 he lived on the French Riviera for 7 years where he managed a large team of sales agents in an international estate agency. Rod joined Lucas Fox as Director of the Madrid office In 2014 and was promoted to Head of Sales & Operations in Born in Valencia, Juan Luis has a degree in Economics and a Master s in Commercial Management & Marketing. He has worked in the real estate sector in different roles for nearly 25 years including at Gafesa, where he collaborated in the development of avant-garde real estate projects in the Valencian Community, and as a Parquesol representative. He joined Lucas Fox at the start of KEY INFO KEY INFO KEY INFO KEY INFO KEY INFO Barcelona British English French Barcelona Dutch Dutch English German Costa Brava & Maresme British English French Barcelona & Madrid British English French Valencia English Valencian

6 ESTEFANÍA ROIG Partner, Lucas Fox Valencia STEPHEN LAHIRI Partner, Lucas Fox Marbella RAFAEL ROSENDO Director, Lucas Fox Maresme SUSANA SÁNCHEZ Director, Lucas Fox Ibiza AUREA FARZAM Director, Lucas Fox Costa Brava Estefanía worked for 12 years as a Stephen joined Lucas Fox at the Rafael joined Lucas Fox as a sales agent Susana is originally from Barcelona Before moving to Spain in 2003, local development agent managing beginning of 2012 with over 11 years in 2010 after more than a decade but has been living on Ibiza since Aurea worked in the Private Client and evaluating European training and experience managing sales teams in working in the industry in the US After graduating in Law, she Wealth Management department at an employment projects aimed at career the real estate industry in the Costa del In 2013 he became Director of Lucas worked as a Commercial Agent for American multinational financial services guidance, entrepreneurship, business Sol, the Middle East and Asia. Prior to Fox Maresme, based at its office in Mutua Balear and then for 12 years corporation in London. Following this, strategy and commerce. In 2013 her joining the Lucas Fox team, Stephen Alella, just north of Barcelona. Rafael in a bank where she was an Assistant she opened a chain of shoe shops in enthusiasm and professional interest spent 5 years as an international is licensed in Real Estate, Property Director focusing on commercial central London. After these were sold, led her to the next stepping stone in her Management Consultant in London and Management & Title Insurance, officially clients. She joined Lucas Fox in 2013 she moved to Catalunya and set up her career, managing a luxury real estate 3 years as Commercial Director for a recognised by the API ( Agentes de and became Director of Lucas Fox s own property investment company. She portfolio of Valencia frontline properties. Facilities Management company. At the la Propiedad Inmobiliaria ), Spain s Ibiza office in joined Lucas Fox Costa Brava in 2012 as She joined Lucas Fox in early 2014, start of 2013 Stephen became Director only real estate regulatory body. a Sales Agent and in 2014 was promoted attracted by its excellent international of Lucas Fox s Marbella office. to Director. team and client-centric focus. KEY INFO KEY INFO KEY INFO KEY INFO KEY INFO Valencia Valencian English Marbella British English French Maresme, Barcelona / American English Portuguese Catalan Italian Ibiza English German Catalan Costa Brava British English French

7 RACHEL HASLAM Director, Lucas Fox Sitges KAREN STORMS International Sales Manager JOANNA PAPIS Head of New Developments IVÁN BELMONTE Listings & Sales Manager LAURA VILORIA Head of Legal & Compliance, Director Turó Park office Rachel left the UK after graduating with a degree in Modern Languages and subsequently a postgraduate degree in Education. She has since worked in New York, the Caribbean, South East Asia and eventually Spain. Here, she decided to pursue her true passion for property and architectural design and set up her own company, buying, renovating and selling houses in the Sitges area as well as renting out properties to holidaymakers. Rachel joined Lucas Fox as Director of the Sitges office in early With her education and background in Law and Business Management, Karen gained her experience internationally. Having worked for corporate enterprises as well as smaller companies in Belgium, Denmark, the US, France and Spain, Karen fully understands the challenges of international business. Karen joined the Lucas Fox team in early 2012 and was promoted to International Sales Manager in Prior to moving to Spain, Joanna graduated from the University of Poznan (Poland) where she studied Administrative Law & International Relations. In June 2010 she moved to Barcelona where she worked as an events planner. Joanna joined Lucas Fox as an Office Administrator in 2010 and went on to become Sales Manager. She now heads up the recently created New Developments division. Born in Barcelona to Andalusian parents, Iván started working in the real estate sector in his twenties. His work has included managing a family-run real estate investment company, working in the banking asset sector and managing high-end residential rentals for Engel & Völkers. He joined Lucas Fox in February 2014 and became Listings & Sales Manager in After studying Law at the Universitat Rovira i Virgili (Tarragona) and Würzburg University (Germany), Laura obtained a postgraduate degree in Real Estate Taxation by the renowned ESADE Business School (Barcelona). Before working for Lucas Fox, Laura worked as a notary official and lawyer in a well-known law firm. She has lived both in the US and Germany. In 2014 she joined Lucas Fox as Head of Legal & Compliance and Director of the Turó Park office. KEY INFO KEY INFO KEY INFO KEY INFO KEY INFO Sitges British English French Barcelona Belgian Flemish French English German Barcelona Polish Polish English Barcelona Catalan English Barcelona English Catalan German

8 RESIDENTIAL PROPERTY IN SPAIN

9 Lucas Fox has an extensive portfolio of residential properties in the most desirable areas of Spain. We specialise in the finest properties from city centre penthouses to spectacular coastal villas, and from designer urban lofts to rural castles. In 2015 Lucas Fox established its New Developments business, primarily based in Barcelona, Madrid and Marbella, where there is an increasing demand from international buyers who are looking for good quality properties in central locations.

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11 OUR REGIONS Our regions tend to be lifestyle destinations where buyers can combine sound property investments with a good quality of life. Lucas Fox boasts an extensive portfolio of prime real estate, offering the finest properties in the most desirable areas of Spain, including Barcelona, the Costa Brava the Maresme Coast, Sitges, Marbella, Ibiza, Mallorca, Madrid and Valencia. BARCELONA COSTA BRAVA GIRONA IBIZA MADRID MARBELLA - COSTA DEL SOL MARESME COAST SITGES VALENCIA ANDORRA PORTUGAL

12 BARCELONA Barcelona has become one of Europe s most exciting cities and an excellent place to buy property as a second home, investment or permanent residence. The Lucas Fox Head Office and flagship Property Lounge is based in the heart of the desirable Eixample district. The company also has a second Property Lounge in the upmarket Turó Park district. Together they house more than 60 sales agents, administrative, HR and marketing staff. Barcelona and its surrounding areas continue to attract international buyers and investors seeking good long-term prospects and a fantastic quality of life. Lucas Fox offers a large and growing portfolio of properties throughout the city centre and suburbs with the lower right part of the Eixample district especially in demand, where several high-end renovation projects are currently underway. The number of sales transactions by the Barcelona team continues to grow significantly year-on-year.

13 COSTA BRAVA The Costa Brava office was opened in 2007 and is headed up by Tom Maidment who manages a team of 5 at its Property Lounge in the heart of the desirable town of Begur. The Costa Brava is one of the most beautiful and unspoilt stretches of Spain s vast Mediterranean coastline, and continues to attract the most discerning local and international property investors. Demand for Costa Brava property is predominately from British, French, Swiss, German and buyers. From outside the EU there is also interest from US, Middle Eastern and Russian buyers. Having held off for many years, national buyers are now rapidly gaining in confidence and coming back to the market. Lucas Fox offers a comprehensive portfolio of exclusive properties throughout the region s most desirable areas, ranging from detached villas and country estates to golf properties, apartments and building plots.

14 IBIZA Based in the pretty coastal town of Santa Eulària and headed up by Susana Sánchez, the Ibiza office has been running a successful operation since The island s idyllic combination of untouched countryside, jutting cliffs and sandy beaches with turquoise waters continues to attract more buyers year after year, securing Ibiza as an ever-popular investment and lifestyle destination. The island remains appealing to buyers from Northern Europe, including the UK, Germany, Holland and Scandinavia, and has recently seen significant growth in interest from US investors. Renovation projects continue to be popular and are easy to rent out during the busy summer season. Lucas Fox Ibiza s property portfolio also includes contemporary villas, chic seafront apartments and classic Ibicenco houses and, in recent months, there has been a sharp rise in the demand for designer new build homes.

15 MADRID Madrid boasts Spain s most iconic cultural landmarks, a growing gastronomic scene and an aspirational standard of living. Lucas Fox s Madrid office is located in the desirable Salamanca district where it is home to 8 staff. This vibrant capital offers diverse properties, from traditional and contemporary apartments in exclusive districts to spacious family homes in the suburbs. The past couple of years has seen many local buyers return to the market as well as increasing numbers of foreign investors. International buyers are mainly interested in purchasing property for investment purposes, many of whom are attracted by the Golden Visa scheme, allowing them permanent residency and free access to the Schengen zone. There is growing interest from Middle Eastern, Asian and Latin American investors for this reason, most of whom are motivated by finding security for their families in a place that has access to excellent education and health care facilities.

16 MARBELLA COSTA DEL SOL Established in Spring 2013, Lucas Fox Marbella is headed up by Stephen Lahiri and is currently located in the desirable Nueva Andalucía district. Sometimes described as the California of Europe, the Costa del Sol attracts a cosmopolitan crowd thanks to its excellent climate and exclusive lifestyle. Marbella continues to be an ideal location to buy a holiday home, investment or permanent residence, and buyers come from across the globe including the UK, Scandinavia, Belgium, Holland, France, the US and the Middle East. The average age of buyer on the Costa del Sol is becoming noticeably younger than it used to be a decade or so ago now usually in their 40s or early 50s, as opposed to retirees. Lucas Fox offers a variety of real estate in the region including the Golden Mile, Benahavís and Sotogrande, as well as in some of Europe s most prestigious urbanisations, such as La Zagaleta.

17 MARESME COAST The Lucas Fox Maresme office is situated in the pretty town of Alella around 20 minutes from Barcelona city. With over 30km of sandy beaches, numerous marinas, several quality golf courses, a protected natural park, a unique microclimate and easy access to one of Europe s most cosmopolitan cities, there are few Mediterranean locations that offer such an attractive and varied lifestyle. Recent government data showed that 4 of Maresme s towns were in the top 15 locations for Spain s highest income earners. Its growing appeal is also reflected in the 350% increase in the number of international buyers over the past decade. The Maresme Coast is predominantly a primary residence area particularly the southern part such as Alella, Teià, Premià de Dalt and Cabrils, where Lucas Fox has the majority of its sales operations.

18 SITGES The Sitges office was opened in July 2014 and is headed up by British-born Rachel Haslam who manages a team of 5. Lucas Fox Sitges also operates in the international enclaves of Gavà Mar and Castelldefels as well as the beautiful wine-growing region of Penedès. Sitges town and its surrounding areas remain a popular investment hub for European investors, particularly among the British and Scandinavians. Interest from local buyers in this area continues to grow, especially with the recent boom in development offering some excellent investment opportunities. Sitges clients tend to be fairly young from 35 to 55 years old families or couples looking to relocate or to buy a holiday home that can also be rented out short-term. Lucas Fox Sitges offers a diverse selection of real estate including luxury villas with sea views, high-end apartments and seafront villas.

19 VALENCIA ANDORRA An increasing demand for exclusive properties led to Lucas Fox opening its doors in Valencia in The company inaugurated its latest Property Lounge in summer 2016, which now houses its 9 staff. This vibrant city of Roman Heritage is the third largest in Spain and is home to many globally recognised attractions including the City of Arts and Sciences. The city has hosted numerous sporting events such as the America s Cup, the Valencia Open and the European F1 Grand Prix. Many foreign buyers mainly from Central and Northern Europe are attracted to Valencia as a less expensive and less touristy alternative to Barcelona, choosing to invest in the upmarket Eixample district, Ademuz, Alfinach and Monasterios Puzol. Coastal areas outside the city such as Patacona and El Perellonet are also proving popular. The principality of Andorra is a land of narrow valleys and mountainous landscapes, hidden in the border between France and Spain in the Eastern Pyrenees. It offers an excellent quality of life and boasts the best skiing in the Pyrenees. Most real estate in Andorra is new, with houses and apartments in the towns of Andorra La Vella, Ordino and La Massana proving proving the most popular, together with the Grandvalira and Vallnord ski areas. With an improved economy, attractive property prices aand an increased availability of mortgages, Andorra remains an attractive proposition for property investors who want to enjoy the benefits of a low tax environment.

20 LUCAS FOX NEW DEVELOPMENTS The Lucas Fox New Developments division was established in 2015 in response to the growing demand for contemporary turnkey products in key city and coastal locations. Lucas Fox offers an unrivalled portfolio of ready-to-move-into homes, ranging from beautiful city centre apartments to designer beachfront apartments with spectacular views. Barcelona, Marbella, Madrid, Ibiza and Valencia are seeing rising numbers of projects coming onto the market, a scenario that has not been prevalent for almost 10 years. A significant proportion of these New Developments are being sold off-plan, almost always at asking price, a sure sign that confidence in the market is returning. New Developments are generally purchased as an investment as they offer excellent rental returns and capital growth. They are also becoming increasingly popular amongst so-called lifestyle buyers who have chosen to relocate or spend a significant proportion of their time in Spain.

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22 MARKETING & PR Lucas Fox has one of the largest in-house specialist Marketing & PR real estate departments generating national and international PR, Search Engine Optimisation, web design and development, graphic design, branding, marketing collateral, photography, videos, digital and social media marketing, and sponsorship opportunities as well as organising events. Lucas Fox has become the go-to agency for property developers in key areas of Spain looking for a professional, efficient and multilingual marketing service.

23 LUCAS FOX WEBSITES Lucas Fox LFStyle LFPrime Residency in Spain (.es,.cat,.ru,.fr,.de,.se,.nl,.cn ) The Lucas Fox 9 language websites have become a benchmark in the industry thanks to their visually captivating design, high quality photography, expert coding and responsiveness. The websites receive more than 90 thousand monthly visits and have Page One Google ranking for several key phrases in many different languages. In a highly competitive market and increasingly crowded online space, Lucas Fox continues to stand out thanks to the sites quality and attention to detail. Founded in 2014, the LFStyle blog is geared towards lovers of culture, lifestyle, gastronomy and property, offering thoughtfully crafted articles, interviews and insiders s guides which we believe reflect our clients sense of discernment and style. All content is unique and has been written by some of Europe s most highly respected food, travel and property journalists such as Zoe Dare Hall and Cathy Hawker. Launched in January 2017, LFPrime targets high-end, LFPrime will target high-end buyers looking for exceptional homes in Spain s most desirable areas. All properties have been hand-picked for their unique design, unrivalled location and pure beauty, and carry a price tag to match. LFPrime property descriptions are carefully crafted to maximise each home s unique selling points and the website boasts imagery from some of the country s top property photographers. The site also offers a password protected section for off- Residency in Spain was established in 2013 in response to the legislation allowing non-eu citizens to purchase property for 500 thousand Euros or more in exchange for Residency. The website targets mainly Middle Eastern, Asian and US clients whose interest in investing in Spain in recent years has increased thanks to the country s growing economy and attractive property prices. market properties.

24 LUCAS FOX IN THE MEDIA CNN International senior reporter Al Goodman is welcomed to the Lucas Fox Barcelona Property Lounge by Lucas Fox co-founder Alexander Vaughan The company s expertise on property-related matters, market trends and lifestyle is recognised both nationally and internationally. Lucas Fox is regularly featured in leading worldwide publications such as The New York Times, The Wall Street Journal, the Financial Times, the Robb Report, The Economist, The Times, The Sunday Times, Gulf News, La Vanguardia, El País and El Mundo. TV and Radio credits include BBC Radio 5Live, CCN International, Al Jazeera and TV España. Press conference at the Lucas Fox Barcelona Property Lounge

25 MARKET REPORTS Each year Lucas Fox produces biannual in-depth market reports on the Property market, using our own in-house data as well as statistics and information from reputable external sources. The information covers a broad spectrum of easy-to-digest information, including detailed property price trends and up-to-date sales transaction data, nationality trends and demographics, as well as commentary from our regional directors. The Lucas Fox market reports are informative and dataled and have become a valuable tool for both the media and stakeholders in the property market.

26 LUCAS FOX PROPERTY LOUNGES LUCAS FOX PROPERTY LOUNGE COSTA BRAVA The company opened its first Property Lounge in Barcelona in The glitzy launch party was attended by Rolling Stones guitarist Ronnie Wood and his wife Sally Humphreys who bought a property via Lucas Fox. Lucas Fox now boasts 8 Property Lounges across all its regions - in Pau Claris in Eixample (Barcelona), Pau Casals in Turó Park (Barcelona), Begur on the Costa Brava, Eixample in Valencia, Nueva Andalucía in Marbella, Santa Eulària in Ibiza, Sitges and Alella in Maresme. The company s 9th Property Lounge is planned for 2017 in central Madrid. LUCAS FOX PROPERTY LOUNGE EIXAMPLE, BARCELONA LUCAS FOX PROPERTY LOUNGE TURÓ PARK, BARCELONA

27 LUCAS FOX PROPERTY LOUNGE MARBELLA LUCAS FOX PROPERTY LOUNGE VALENCIA LUCAS FOX PROPERTY LOUNGE MARESME All our Property Lounges are located in prime areas of the regions in which we operate, ensuring maximum footfall and exposure of our eye-catching window displays. ALEXANDER VAUGHAN Co-founder Lucas Fox International Properties LUCAS FOX PROPERTY LOUNGE SITGES LUCAS FOX PROPERTY LOUNGE IBIZA

28 WHAT OUR CLIENTS SAY ABOUT US Their knowledge of dealing with foreign buyers was faultless The quality of the properties on offer at Lucas Fox was exceptional Mark Roche Hugh Roper You did a marvellous job and it is very much appreciated by both of us We will be sure to recommend your firm to our friends and acquaintances Ivor & Sarah Williams Sanya & Carlos Boehles It has been a pleasure working with Lucas Fox and I will be recommending them to others Joan Minguella Thank you for making the experience such a pleasurable one we are happy to recommend Lucas Fox to any of our friends who are thinking of buying Christopher Fowler I would be very reluctant to use any other agent on the island Dr Nigel Agger Having multilingual staff was essential and is a significant strength of the company Jeremy Rohe

29 CONTACT US LUCAS FOX HEAD OFFICE C/Pau Claris, 108 Principal Barcelona (Spain) T (+34) LUCAS FOX SITGES C/Mayor, Sitges (Spain) T (+34) LUCAS FOX TURÓ PARK C/Pau Casals, Barcelona (Spain) T (+34) LUCAS FOX MARBELLA Urb. La Alzambra, Local Nueva Andalucía, Marbella (Spain) T (+34) LUCAS FOX COSTA BRAVA C/Forgas i Elias, Begur, Girona (Spain) T (+34) LUCAS FOX VALENCIA Gran Vía del Marqués del Turia, 39 5ª Valencia (Spain) T (+34) LUCAS FOX MARESME Pl. de l Ajuntament, 7 Baixos Alella (Spain) T (+34) LUCAS FOX MADRID C/Prim, 19, Bajo Izq Madrid (Spain) T (+34) LUCAS FOX IBIZA Pto. Deportivo Santa Eulària, Loc. 5, Zona IV Santa Eulària del Río, Ibiza (Spain) T (+34) LUCAS FOX ANDORRA C/Pau Claris, 108 Principal Barcelona (Spain) T (+34)

30 BARCELONA COSTA BRAVA GIRONA IBIZA MADRID SITGES MARBELLA - COSTA DEL SOL MARESME COAST VALENCIA ANDORRA PORTUGAL

SPAIN OVERVIEW MARESME BARCELONA VALENCIA MADRID SITGES VALENCIA COSTA BRAVA MARBELLA- COSTA DEL SOL IBIZA MARKET OVERVIEW AND FORECAST FOR 2017

SPAIN OVERVIEW MARESME BARCELONA VALENCIA MADRID SITGES VALENCIA COSTA BRAVA MARBELLA- COSTA DEL SOL IBIZA MARKET OVERVIEW AND FORECAST FOR 2017 SPAIN OVERVIEW BARCELONA MARESME VALENCIA SITGES MADRID VALENCIA COSTA BRAVA MARBELLA- COSTA DEL SOL IBIZA MARKET OVERVIEW AND FORECAST FOR 217 38 LUCAS FOX / REAL ESTATE MARKET 216 / VALENCIA VALENCIA:

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