Citadel Trustees Ltd has recently announced its appointment by Spanish resort developer Novaterra and the Cypriot fractional developer, the Petevinos Group.
Citadel will provide bespoke Escrow and Stakeholder services to Novaterra for their shared ownership programme at the Arcos Gardens Golf Club & country Estate. The luxury golf resort is located 20 minutes from the city of Jerez, the home of sherry, in southern Spain, and has 10 four-bedroom villas available for shared ownership in one eight shares.
In Cyprus, Citadel will provide bespoke Trustee and Stakeholder services to the Petevinos Group for their exclusive fractional resort, Sunset Springs Hotel & Resort Suites. This luxury development, expected to be completed by autumn 2011, will have 112 fully furnished one- and two-bedroom apartments located by the Lanitis Golf course, just a 10 minutes’ drive from Limassol.