World-famous Christie’s Int Real Estate enters Canaries with first affiliate in Tenerife

[Janet]

Christie's International Real Estate, the world's leading luxury real estate network and a subsidiary of Christie's auction house, has awarded Affiliate status to ETEN, an established Costa Adeje estate agency. Eten says that it has an extensive portfolio of elite properties in the best areas of Tenerife, comprised of townhouses in prestigious complexes, detached luxury villas and exclusive estates; all of these properties undergo a meticulous property check prior to their acceptance on the inventory with exclusive sales rights for many of them.

By joining the Christie's International Real Estate network, ETEN will exclusively represent the Christie's International Real Estate brand across the Canary islands with an initial focus on Tenerife. Christie's International Real Estate is wholly owned by Christie's, the world's leading art business and is represented in over 138 markets in 44 countries. ETEN joins this carefully selected organization of brokerages, all of which boast proven records of success in both high-end property sales and exemplary client service.

"ETEN is a well-respected marketplace leader, and it is with great pleasure that I welcome the company to our network of Affiliates," said Joachim Wrang-Widén, Senior Vice President for Europe, Africa and Middle East of Christie's International Real Estate. "ETEN will develop further their luxury real estate arm, extending its deep knowledge of the area and its innovative approach to meeting international clients' needs at the top end. The company will also provide the type of high-quality service and attention to detail that is synonymous with Christie's International Real Estate."

"The high standards and supreme offerings presented by Christie's International Real Estate are extraordinary," added Roman Ivakhnenko, owner of ETEN. "We are proud to align ourselves with such a notable entity and look forward to the opportunity to offer our clients global reach in the luxury market." For additional information about Christie's International Real Estate, please click www.christiesrealestate.com; for further information on ETEN and its listings, call +34 922 71 73 74 or visit www.etenluxury.com. JA

[Michael]

My favourite 'when I win the lottery' fantasy website. 

[Myrtle Hogan-Lance]

Had a look and it does not look like we need to take the trouble to contact them one day when we are ready to sell. 

[Guanche]

I would hate to see their commission fees. Not for the likes of the wife and me I feel.

[Janet]

I am just back from their press conference ... they are going to be bringing seeeeeeeeeeeerious money into Tenerife. 

[Michael]

I am just back from their press conference ... they are going to be bringing seeeeeeeeeeeerious money into Tenerife. 

What? Even more than me? 

[Janet]

In the press conference held this evening to welcome Eten into Christie's worldwide network of luxury property agencies, it was quite clear that some serious money is going to be changing hands as a result of this new affiliation. Joachim Wrang-Widén, senior VP of Christie's Real Estate for Europe, Africa and the Middle East said that there were several explicit reasons why the world's largest luxury real-estate network and art dealership and auctioneers had decided to move into the Canaries.

First, he said, it was a case of climate within Europe, an unbeatable position that these islands enjoyed. Secondly, there was the international interest in the islands, from the wealthy in the UK, Germany, Belgium, Italy, and Russia; then there was the direct contact with Florida, where Christie's affiliate sold a million dollar property every 22 hours, and the foothold these islands gave into Africa. And finally, and explicitly, there was the Canarian government's up-market strategy, which would see the profile of Tenerife, Gran Canaria, Fuerteventura and Lanzarote change beyond recognition. Christie's quite simply would not have moved here without this commitment from the government.

If ever the Canarian government wanted international recognition that its strategy was working, this is it.