Engel & Völkers + Land Rover Polo School > Blog > Christian Völkers: “I’ve found my dream home.”

Christian Völkers: “I’ve found my dream home.”

Christian Völkers, CEO/ Founder of Engel & Völkers AG, is the proud owner of a 500-year-old finca property on Majorca. It is an estate with a sprawling land plot, a pool built into the cliffs and its own polo field. Wine is grown in the property’s own private vineyard, and olive oil is also produced here locally. In an interview with the Swiss newspaper Schweizer Sonntagszeitung, Christian Völkers reveals just what Majorca and his island home mean to him (interview excerpt):

Christian VölkersCan a property like this one still be sold today?

“It is possible to sell virtually any property actually – so long as the price is right. Although generally speaking it is true that the brokerage of larger-scale properties is more elaborate and requires a certain amount of experience. We are talking about very special properties though, of which there are only a handful here on Majorca.”

What are your buyers looking for?

“A house by the sea that is simple to manage, easy to keep secure, and doesn’t give them any cause for headache. A place where they can simply enjoy everything that makes Majorca so special. Classic villas for in the region of four to ten million euros, and traditional finca estates at the centre of the island are selling very well on the island at the moment.”

This house is worth considerably more though …

“Let me put it like this: large country estates all cost in excess of ten million euros. Then there’s the cost of renovation work. Prices for properties like this one lie in the region of forty, fifty million euros.”

Are there any ordinary mortals among your clients too?

“Yes, of course! We like selling properties like these, but it is not how we do the majority of our business. The focus of our marketing activities lies on properties with a seven-digit price tag, but we also broker homes that are more moderately priced. And the exciting thing about Majorca is that there’s the right property on the market for almost every interested buyer.”

How often are you here?

“Normally we live in Hamburg throughout the year and travel to Majorca in the school holidays. But this year we have taken the children out of school for six months. They have lessons here instead. We are living in an apartment in Palma and travel to our finca at the weekends.”

Might it be possible to buy this home?

“No, no! This house will never be up for sale. I bought it 28 years ago. Back then it was an absolute ruin. The investment was, and still is, a very long-term one. It isn’t a holiday home either. It is simply our home. We live here. Do you know anyone who would sell their soul?”

Your dream home?

“Yes I am in the fortunate position to have found my dream home. And although I travel all around the globe with my work and get to see the world’s finest homes, I am always glad to return to this place. I was just incredibly lucky to have been around at a time when houses like this were not yet in demand. A simple gravel track led up to the property back then, and the land was the scrap heap for the local village.”

Is it still worth investing on Majorca?

“It is of course extremely difficult to peer into the future. But at the moment there are no signs that prices are set to stagnate or even fall. On the contrary. For the last 18 months we have seen a colossal rise in demand.”

How can Majorca remain so popular for such a sustained period?

“Demand comes from around the world. We have Americans here, we have Europeans, Asians. And for this large group of people drawn to Majorca, the number of interesting properties on the market is very limited.”

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Polo and the real estate business – learn to play polo and discover parallels

One of the secrets of success of the real estate company Engel & Völkers is the close teamwork uniting its global network of experts specialised in high-end real estate. Our staff in general and our real estate agents in particular are all driven by a unique passion for their job. We take their know-how of the global real estate market and the regional market conditions, both in a state of constant change, as a given. A systematic and focused approach, a clear planning of strategies as well as their implementation are essential to the real estate business. And the same factors – teamwork, passion, skill and focus – apply when learning to play polo.

 

The Engel & Völkers + Land Rover Polo School

Christian Völkers, CEO of Engel & Völkers AG, discovered his own passion for polo many years ago. As he is committed to fostering young talent, and the Engel & Völkers + Land Rover Polo School provides the perfect arena to do so. For this reason, Christian Völkers founded a Polo school with various locations worldwide, together with the automobile manufacturer Land Rover as a cooperation partner. Whether in Hamburg, Munich, on Majorca or in Argentina, the Polo School offers taster courses for beginners providing an introduction to this dynamic sport, as well as intensive courses for advanced players. No prior experience is needed for the beginners’ course; our trainers will teach you the basics of polo through theoretical and practical training sessions, and as you learn to play polo, you will experience the artistic skill of the players at first hand. Our intensive courses for advanced players in Argentina provide the ideal opportunity for you to perfect your game, improve your handicap and acquire further playing experience. Superbly trained polo horses are used in all courses. The number of participants in any course at the Polo School is reduced to 4–8 sporting enthusiasts. This guarantees that all participants will receive maximum individual support and attain a very high level of skill. Since polo is a sport that is suitable for all ages, you are free to take courses together with your whole family.

 

Sporting highlights: feel the spirit with the Engel & Völkers + Land Rover Polo School 

In conjunction with the Engel & Völkers Polo School, a major polo tournament will be held in the Argentinian capital of Buenos Aires in late November and early December 2014 – the Palermo Open. Here, eight top international teams will play each other and establish their ultimate champion. In the run-up to the tournament, the Engel & Völkers + Land Rover Polo School will also be offering training courses. Participants will have the possibility of taking part in the semi-final. The highlight will then be the final match, which Polo School participants can experience at first-hand, if desired.

 

Every year in July, Christian Völkers invites friends and patrons of Engel & Völkers, business partners and employees to the Engel & Völkers Polo Cup Son Coll hosted at his private estate on Majorca. This annual summer event is a perfect opportunity to make new business contacts and strengthen existing ones, while enjoying the magic and dynamism of polo in a highly exclusive setting on beautiful, sunny Majorca. Many guests have already been infected by Christian Völkers’ passion for the game. Tempted yourself, too? Then simply visit our website for further information.