Super-rich remain unaffected by recession

At La Zagaleta when it comes to property - size matters. Within this Spanish resort it’s not so much keeping up with the Joneses as keeping up with the Sheikhs and the Oligarchs. Mercifully securely gated, or there would be some LA-style bus tour for wide-eyed gawkers, La Zagaleta already provides a catalogue of the finest mansions in Europe, but the best is yet to come, for Bolt Property Group has just broken ground at plot C2-20.

At 16,500m² (four acres), C2-20 is officially the largest of the 420 villa plots demarcated at La Zagaleta and the foundations are now being laid for a home worthy of this prime location. Covering more than 3,000m² of living space over three storeys its master suite alone takes up the same amount of floorspace as a modest family home - a mammoth 300m² - to accommodate his ‘n’ hers dressing rooms, a lounge, opulent bathroom and cool room for the furs.

Hadleigh Bolt, Proprietor of Bolt Property Group, explains, “The word ‘recession’ may exist in the lives of the super-rich but it simply doesn’t affect them so the demand for bigger and better just gets stronger. The megayacht industry is far from sinking but instead struggling to keep up with orders and the waiting lists for prestige cars such as the new Rolls Royce Phantom Drophead extend over many months. It’s the same in La Zagaleta right now. Bolt Property Group villas, despite multi-million euro price tags, are selling quicker than ever in 2008 and it’s rare that we get to complete a property without there already being a buyer in place. C2-20 will be the landmark villa in our portfolio and, crunch or no crunch, I’m certain it’ll share the same fate.”

There are no prizes for guessing that C2-20 is targeting a Russian buyer, a nationality that finds La Zagaleta attractive, accessible and secure, but Bolt Property Group’s considered layout and bespoke finishings would suit any purchaser with a discerning palette. Counting no less than eight bedrooms, to include all-important staff and guest accommodation, the lower ground floor is perhaps the most decadent of spaces with a full Spa and gymnasium, indoor swimming pool, cinema, games room with bar and option for a bowling alley.

The blueprint for C2-20 also encompasses a double-height wood-paneled library, safe room, a separate catering kitchen, various internal water features and spectacular multi-level landscaped gardens with orchard, infinity edge swimming pool and tranquil countryside views. There’s also garaging for nine cars – so don’t forget to leave a space for the Phantom Drophead when it finally arrives...

For more information, visit boltpropertygroup.com