Engel & Völkers Announces Expansion into Tulum
The global luxury real estate brand grows its presence on México’s Riviera Maya as digital nomads and investors increasingly flock to the jungle oasisEngel & Völkers announced today its newest location in Tulum, the brand’s third real estate shop in México. Carlo Rico Toluzzi and Kurissi Kuri, current license partners of Engel & Völkers Playa del Carmen, as well as and Manuel Fernández will serve as license partners and shop leadership for the newly established Engel & Völkers Tulum as the brand expands its business on the Yucatán peninsula. The shop will serve homebuyers and sellers in Tulum, Akumal, Chemuyil, Soliman Bay, Tankah Bay, Mahahual and Bacalar.“The Riviera Maya is one of the fastest growing markets in Latin America,” said Anthony Hitt, president and CEO, Engel & Völkers Americas. “Tulum has experienced an influx of digital nomads from around the world who are seeking out long-term rentals as a growing portion of the remote workforce opts to live in a destination that offers a more relaxed, wellness-forward and tropical lifestyle. Investors are keen to capture this vacation rental market with private condos, houses and hotel residences offering a high rate of return on investment. With their proven success in Playa del Carmen and a distinct combination of both global experience and local expertise, Carlo, Kurissi and Manuel are ideally positioned to lead this expansion.”Tulum’s real estate market offers a range of properties, from in-town studios and condos to luxury beachfront or jungle villas, which can be managed as both second homes and successful vacation rental businesses that provide an average annual return of 8-14%. Investment opportunities are also available via small boutique hotels, commercial properties and land for new development. Prices are appreciating, with steady yearly gains of 8-10% projected to continue, while México has comparatively low property taxes.This high-growth region of the Riviera Maya, located about an hour south of Cancun International Airport, spans more than 80 miles along the Caribbean coast. Tulum is a UNESCO World Heritage Site, boasting white sand beaches, calm turquoise waters and ancient ruins scattered throughout. It is known for its lush jungles, natural cenote pools, world-class food scene, eco-chic hotels, boutique beach shops and artistic culture. “With the rapid growth of the real estate market in Tulum and the surrounding areas, the time is right to expand our business,” said Toluzzi. “Our shop in Playa del Carmen has had a positive, disruptive impact on the market structure and quality of client service, and we intend to continue raising standards across the region in providing the very best home buyer and seller experiences.”“The Engel & Völkers brand brings a level of global prestige and recognition,” added Kuri. “Not only among the buyers entering our market from Canada, Germany, France, Switzerland, Belgium, the United States and beyond but also through the incredible referral and cross-selling opportunities that exist among our global network. As Tulum becomes a global destination, the support of a real estate brand like Engel & Völkers becomes a significant differentiator in the market.”For more information, visit tulum.evrealestate.com.The post Engel & Völkers Announces Expansion into Tulum appeared first on Engel & Völkers.
Engel & Völkers Enters Cleveland, OH
The global luxury real estate brand opens its newest location in the growing Northeast Ohio marketEngel & Völkers announced today its newest shop location opening in Cleveland, OH, led by license partners Inna and Gary Muravin. Inna Muravin, who serves as managing broker, brings over 18 years of real estate experience to this leadership role and since 2016 has led the nationally ranked Distinct Home Group team with Keller Williams Greater Metropolitan. Gary Muravin served as director of operations for District Home Group, and prior to working in real estate, founded and led a multimillion-dollar technology startup company. As part of Engel & Völkers, the Muravins and their team of real estate professionals and administrative staff will expand their residential home buying and selling services throughout the Northeast Ohio region with a plan to open four shop locations in the next six years. “Cleveland is one of the top 50 real estate markets in the country,” said Anthony Hitt, president and CEO, Engel & Völkers Americas. “There are many affordable investment and growth opportunities for development, sale and rental properties in this market, which have resulted in some of the best long-term returns in the United States over the last ten years. As the region continues to grow, the time is right for Engel & Völkers to enter the market under the leadership of Inna and Gary, who share our commitment to client service and bring an unparalleled level of local expertise to residents of the Greater Cleveland area.” The Engel & Völkers Cleveland shop will be located in Landerwood Plaza, in the heart of Pepper Pike. The company is actively serving markets across Northeast Ohio including Cuyahoga, Summit, Geauga, Lake, Lorain, Medina, Portage, Stark, Ashtabula, Carroll, Columbiana, Coshocton, Harrison, Holmes, Jefferson, Mahoning, Muskingum, Trumbull, Tuscarawas and Wayne counties. As Cleveland has evolved from a manufacturing hub to a major medical and biomedical center, residents are drawn to the area for its relatively low cost of living and abundant education and job opportunities. It is among the top 10 job markets for new college graduates and is home to 27 colleges and universities, 400 bioscience companies and four professional sports teams. Seventy percent of Fortune 500 companies have a presence in Cleveland, and Zillow recently ranked the city as the second-hottest real estate market in the US for 2023.“Northeast Ohio has something for everyone, offering economically and architecturally diverse properties throughout the region,” said Gary Muravin. “From affordable bungalows and ranches to sprawling manors and everything in between, including lakefront estates, city lofts and townhomes, wooded hideaways, horse properties, modern masterpieces, century homes, and more. Now as part of Engel & Völkers, we look forward to introducing a new standard of personalized luxury service across all price points in the market.” “Over the last decade, much of real estate has become very transactional and fast-paced, focused on the sale with little regard for quality and experience,” added Inna Muravin. “Consumer attitudes today are shifting back towards a desire for superior customer service. We strongly believe in providing clients with an elevated real estate experience, and Engel & Völkers’ mission, anchored by its core values of competency, exclusivity and passion, resonated greatly with our team. We want to bring these values together with some of the best real estate professionals in Northeast Ohio and change the status quo to provide the best quality of service not only to the consumer but also to those who work in the industry. Furthermore, the Engel & Völkers shop concept is what our market needs–a comfortable, open, inviting, and collaborative space to attract and bring together the best advisors, leadership, industry partners and most importantly, clients.” For more information, visit cleveland.evrealestate.com.The post Engel & Völkers Enters Cleveland, OH appeared first on Engel & Völkers.
Engel & Völkers Expands to Columbus, OH
As more consumers seek luxury dwellings in burgeoning midwest markets, the global real estate brand opens its latest location in the heart of AmericaEngel & Völkers announced today the opening of its newest shop in Columbus, OH, led by license partners Brad Winter, Paige Winter and Elias Pappan. Paige and Brad Winter are lifelong Ohio residents who bring over a decade of real estate, business and leadership experience to the new venture. They are experienced real estate professionals specializing in serving home buyers and sellers in Central Ohio and are incredibly well-versed in the nuances of the Columbus housing market. Pappan is a seasoned business entrepreneur with extensive experience owning and operating multiple businesses in the commercial and residential real estate spaces, including construction, acquisition and investments. Under their leadership, Engel & Völkers Columbus consists of real estate professionals serving homebuyers and sellers in Columbus, Ohio, and the surrounding suburbs. “Engel & Völkers recently issued a report on the growing popularity of America’s heartland markets as consumers look to establish primary and secondary residences in affordable, community-oriented places that now offer many of the same lifestyle amenities as coastal markets,” said Anthony Hitt, president and CEO, Engel & Völkers Americas. “Columbus, with its diverse neighborhoods, highly-rated restaurants, thriving arts and culture scene and over 50,000 acres of parks and water, exemplifies the draw of the midwest. Brad, Paige and Elias are known to be forward-thinking, digital-savvy advocates for their real estate clients and as such, are the perfect partners to introduce Engel & Völkers into this growing market.”Engel & Völkers Columbus is located in Italian Village, just north of Downtown Columbus and east of the Short North, an area known for fostering new businesses, artists and restaurants in the community. The real estate market offers a vast array of architectural and housing styles for residents, from brick Italianate and Queen Anne homes in the city to colonials, craftsman or Cape Cod homes in Columbus’ sprawling suburbs. Buyers will also find a resurgence of new development across the region, which has arisen alongside the growing entrepreneurial and artistic spirit taking hold of Downtown Columbus. “There is no better time to affiliate with Engel & Völkers,” said Brad Winter, license partner. “Real estate is going through a massive shift as consumers demand more from the industry. They want to be educated, informed and serviced at a higher level than ever before. This is how we have run our business since day one and aligning with a global brand that shares our values will only allow us to serve Columbus residents at a higher, more personal level.”“Being part of Engel & Völkers will not only allow us to elevate the real estate experience for Columbus consumers but it will also provide a home for our advisors to expand their skills, network and global reach,” added Paige Winter, license partner. “The brand’s greatest value is its network, having both a domestic foothold and global presence. This will enable us to provide exceptional choice and opportunity for both our clients and team.”For more information, visit columbus.evrealestate.com.The post Engel & Völkers Expands to Columbus, OH appeared first on Engel & Völkers.
Categories
Recent Posts
