Heidi Klum and her husband Seal have sold their Beverly Hills 6,794 square foot mansion for $7,000,000.
New York City is quickly becoming the center of the luxury real estate market and Michael Bloomberg’s ex-wife is taking advantage of this fact.
Dubai has gained global attention with their recent onslaught of constructing incredible new structures and the esteemed emirate is about to add another accolade to the list by earning the distinction of having five of the world’s ten tallest residential towers. Most of these massive new projects will be spouting up in the gorgeous Dubai Marina area and are estimated to have a combined cost of $1.16 billion with estimated entrance on the market over the next two years, as the economic downturn slightly delayed the projects.
It is a house fit for a prince, or more specifically the Duke and Duchess of Cambridge.
For sale: 4,825-square-foot, 76th-floor penthouse in an iconic New York building, with sprawling views of Central Park to the East and the River to the West. Three-bedroom, 6-bathroom, and a terrace off the master bedroom and great room. The perfect space for hip hop moguls and billionaire businessmen.
In May, we told you about Hollywood power couple Ellen Degeneres and Portia de Rossi’s sprawling Beverly Hills estate for sale. The glamorous multi-residence plot went on sale then for millions less than they currently upped the price to – a hefty $63 million. While the price tag may shock some, it is worth noting that the 3-acre lot not only has an illustrious ownership history, but is also comprised of a 9,200 square foot main house, an additional full 3-bedroom house, as well as two guest houses/studios at approximately 15,000 square feet each.
Famed architect, Robert L. Earl designs and plans custom estates throughout the United States, Mexico, Japan, and Saudi Arabia. Earl’s most recent project to appear back on the market is a beautiful Spanish-style mansion in Beverly Hills that was completed in 2000. The $25 million property features a main house, guesthouse, pool, waterfall, and tennis court.
Looking into buying a new lavish home these days? Well you’re just in luck for a serious buy. With more than 15 extravagant condo developments in lovely South Florida, prices are scorching a hot $2,000 per square foot. There are a total of three-dozen units that are presently on resale throughout South Florida, most of which are vacant and in the price range of $2,000 per square foot.
The ultra-rich already hold a privileged role in the world, but nothing quite speaks of exclusivity like owning your own private island, cloistered away from the rest of the world on a personal piece of Paradise. According to Born Rich, these owners have acquired such pieces of prime island real estate and, what’s more, have had them tailored to their own leisurely needs.
With all the doom and gloom real estate stories being printed in the press and shown in the news you would think the real estate sector is dying yet again.
Apparently, RIETs, Sovereign Wealth Fund and Pension Fund owners did not get the message. They have been too busy snatching up property in New York, Washington DC and Miami?
What, you haven’t heard?