Fairhomes is a highly-experienced, international property marketing and development group. We have more than 20 years’ experience in buying and identifying “distressed” assets and turning them into amazing developments.
We have acquired and developed hundreds of properties in the UK, Germany, Gibraltar, Asia and now Florida. We continuing to expand and develop Ocean Village Marina Resort in Gibraltar which includes 315 private residences (with another 241 under construction), a luxury Superyacht hotel, two casinos, a health centre, gymnasiums, restaurants, bars and nightclubs.
With this experience we are able to seek out “bulk purchase” build-ready land direct from the banks and bulk sellers and identify these to a wider audience. We are making these properties available to people who would otherwise be locked out of the market.
Property Holdings
UK: A mixed portfolio of 81 commercial offices, residential and retail properties across key areas of London and South-East England, which return an above average yield of around 16% on their acquisition cost. Properties average an occupancy level of 95%.
Gibraltar: A diverse portfolio of prime properties, consisting of around 37,000 sq.ft of waterfront commercial office space, over 35,000 sq.ft of waterfront leisure space, 6,500 sq.ft of marina facing retail space, 323 marina berths, and an underground and under-sea level car parking development. Fairhomes also have a number of prestigious development projects under way in Gibraltar, with a gross development value of circa €192m.
USA: This is currently our main area of activity. Fairhomes have an expanding portfolio, featuring multiple SFH (Single Family Homes), part-built and built resorts, ‘Build-Ready’ land lots and commercial premises. Income from sales and yields are being re-invested to further develop our portfolio.
Germany: Fairhomes own a mixed portfolio of 355 commercial, residential and retail properties acquired between 2005-2006, and they are now returning at an above average yield of 10.4%.
The Netherlands: In the Netherlands we have a prime traditional property in the heart of Amsterdam which was once featured on the front cover of BA Highlife magazine, now being re-developed into prime luxury apartments. A signature property held in Amsterdam is the Singel 374, a 17th Century Merchant’s House that was acquired in 2001, and currently has a return on investment of over 20%.
For more details visit our website.
