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Madonna’s $28 million Beverly Hills mansion
All of us are aware of the singing fascination of Madonna but not all of us are familiar with her love for lavish mansion. The queen of pop Madonna has decided to put up her French Country-style mansion at Beverly Hills on sale for a staggering $28 million.
As per reports, she has pocket listed the property, which means that a real estate agent has a contract to sell it, but it is not been advertised. She picked it up in 2003 when she was married to English director Guy Ritchie for around $12 million. The 5,800-square-foot home is said to have three bedrooms.
Entire French village goes up for sale
The French village of Courbefy nestled in the Haute-Vienne in the Limousin countryside. For this price, you get 19 buildings, a swimming pool, a village hall, tennis courts and a swimming pool – all of which have been abandoned.
Buyers have until Friday to put in for the village, which is situated just under 30 miles from the city of Limoges, which has excellent rail and road links to Paris. Villagers started to move out during the 1970s when the farming industry took a downturn and plans to turn it into a holiday village in the 1990s also failed.
Nearby, a chapel and ruins of a castle attest to a more prosperous past. It is said that in the Middle Ages it had a population of 2,000. It is up for sale after the current owner went bankrupt and if it is not sold it will end up in the hands of the Credit Agricole bank.
Oprah’s New York City Penthouse
This piece of Midtown real estate in the posh Place 57 building was reportedly purchased by Oprah’s best friend Gayle King in 2008 for $7.1 million, according to Zillow.com, but was later said to actually be bought by Oprah herself. The confusion could come from Gayle hoping to maintain privacy and possibly acquiring the home under an LLC, so which television mogul actually lived in the property is still uncertain. The 2,500-square-foot apartment on the 36th floor contains three bedrooms, the master with three walk-in closets and a Jacuzzi tub, three and a half baths, floor-to-ceiling windows and nearly 800 square feet of terrace space.
Paula Abdul’s Los Angeles Mansion
In the market for a gorgeous mansion in Los Angeles with stunning views and luxurious appointments, then Paula Abdul’s Sherman Oaks home. Most recently Paula settled a $900,000 slip-and-fall lawsuit stemming from an incident in her driveway, according to TMZ, and then there’s the crazed fan that killed her just down the street. Other than that, the nearly 5,000-square-foot property has five bedrooms, four and a half bathrooms, Mediterranean style design, and pool, double staircase, and canyon views.
Most expensive apartment in Manhattan goes for $88 million
What price would you guess for the most expensive house in Manhattan? In case of Russian billionaire Dmitry Rybolovlev, it is $88 million, as this is the price at which he bought the house. The 6,744 sq ft apartment with 10-room gives pretty views of Central Park, Manhattan. The pad also sports a “2,077 sq ft wrap-around terrace, seven walk-in closets and a den with its own bar”.
In the year 2008, he got hold of Donald Trump’s 33,000 sq ft Maison L’Amitie for $95 million. This purchase knocks off the record $53million that J. Christopher Flowers paid for the Harkness Mansion in 2006.The property has been sold by Citigroup CEO Sandy Weill and his wife Joan, who paid $42.4million for the property. The sale proceeds will go for charity.
Rent Oprah’s Chicago Home
According to TooFab.com, Chicago is a place where Oprah owns a number of properties and is letting you rent this 4,600-square-foot home for $15,000 a month. Oprah bought this palatial abode in 2006 for $5.6 million and just never ended up moving into it she supposedly prefers her condo downtown to this property.
The master suite alone is 1,241 square feet and contains his and her bathrooms. The three-bedroom, three-bathroom Windy City rental also boasts 10-foot ceilings, two fireplaces, a library, solarium, butler’s pantry, wine room, a grand foyer, state-of-the-art custom kitchen, and stunning views of the Chicago Harbor.
Luxury Property Demand Outstrips Supply in London & Manhattan
According to real-estate broker Savills Plc, the number of London houses and apartments that sold for more than 5 million pounds rose 31 percent to 262 in the nine months through September. Over in Manhattan, the supply of apartments for sale over 5 million dollars, reached the lowest level for an October since 2007. As Shari Scharfer-Rollins, SVP at the Corcoran Group brokerage puts it: “Inventory is down and demand is up.”
Christie’s recent State of the International Luxury Market report suggested that scarcity of property was driving up luxury real estate prices, particularly in top cities such as London, Paris, Hong Kong, New York and Beverley Hills. The report also went on to muse that sellers worldwide have adapted to a new reality in luxury housing and are beginning to accept that their residence is not going to command the same price that it might have in 2007.
The 1 billion pound development is home to apartments ranging from £7 “” £136 million pounds each, which are according to Mr. Candy, attracting interest from buyer’s currently experiencing instability in home markets. We have a lot of viewings going on from any country that has got economic or political turmoil.
Property agency Knight Frank recently revealed research suggesting that Chinese buyers benefited from a 24 percent purchasing power discount based on the Yuan-sterling forex rate between the peak of the prime London housing market in March 2008 and October 2011.
Chinese luxury home buyers were said to be leading a legion of “cash-rich non-UK investors” in search of up market London homes, with demand driven by currency exchange rates that produce discounts of up to a quarter on purchase prices. A similar tale unfolds across the pond in Manhattan, as Ms. Scharfer-Rollins confirms: “The dollar is weak and I think foreign buyers find that they can get more in New York City as an investment than they used to be able to.”
SoHo Apartment Rental
Located in lower Manhattan, this five-story, furnished apartment is an extraordinarily creative multiple-use luxury rental property. Although it is listed as an apartment, its innovative floor plan elevates the converted SoHo art gallery to a level of uniqueness that makes it fitting for various purposes.
The apartment is available to rent monthly at $100,000. The building, is large enough to accommodate up to 350 people, is also available on at $50,000 weekly and $20,000 daily. The building is known in entertainment circles, as singer/actress Beyonce Knowles used it to shoot the music video for her song, Halo, in 2008.
There is a 13,000-square-foot apartment with three bedrooms and three-plus bathrooms set on the top three stories. Both an elevator and staircases run from top to bottom. Ceilings throughout the loft-like townhouse are high, with a 19-foot ceiling on the first floor and 20-foot ceilings throughout the residence.
The property’s first floor has an industrial chef’s kitchen and a cavernous main room with a motorized movie screen and a wood-burning fireplace. The second floor has a master suite with a sitting room, a steam shower, and a spa tub. The third floor has a living room, a laundry room, two bedrooms, and a 925-square-foot terrace. There also is a patio, access to a private roof, and a full basement.
16 Virginia Beach Condos goes under hammer
If we talk about total condominiums at the Residences at the Westin Virginia Beach Town Centre, they are 17 in number. But according to a development company Armada Hoffler, the remaining 16 will be auctioned in the month of November.
Real estate auctioneers Accelerated Marketing Partners will oversee the auctioning of the luxury properties. The 16 single-family residences, including three penthouses, eight two-bedroom and five one-bedroom units, are in the tallest tower in the state of Virginia.
One-bedroom floor plans range from 780 up to 1,455 square feet; and the two-bedroom condos have 1,607 to 2,458 square feet of living space. One of the penthouses, which range in space from 2,207 up to 2,739 square feet, had a most recent asking price of $1.7 million. The minimum bid amount for the penthouse units is $640,000 to $795,000.
According to Lou Haddad, CEO and president of Armada Hoffler, after much consideration, they have decided that a developer close-out sale is the best way to maximize the value of the remaining inventory as well as the investment of the existing homeowners.
The Residences at the Westin Virginia Beach Town Center is an integral part of the Virginia Beach Town Center, which continues to thrive as a major destination for cultural, entertainment, shopping and dining experiences in the Mid-Atlantic region. When sales began in 2007 for The Residences at the Westin Virginia Beach Town Center, we quickly sold out more than two-thirds of the homes.
The mixed used luxury estate is actually located on the top 21 floors of Virginia’s tallest building, which rises more than 500 feet over the Virginia Beach Town Center. There are 119 deluxe condominiums in the building. Owners of condominiums have full access to the resort’s amenities. The auction takes place at the Westin Virginia Beach Town Center on November 13, 2011.
Eco-friendly homes by Living Homes
People all over the globe are turning to things that are eco-friendly. The recent trend being eco-friendly homes. These homes definitely leave a lasting impression being totally stylish and well-equipped. The green homes are sold at hefty prices ranging from $3.4 million up to $135 million.
But the sad news is that the craze of environment friendly homes is limited only in certain parts of the United States like South California. Living Homes, a new development firm which builds estates that have no carbon, water, waste or energy emission is entering the market with self-sustainable houses. The firm has even received the LEED certificates, which is the Leadership in Energy and Environmental Design. This certification is issued by US Green Building Council. So if you are planning to buy a new house and you want to go the eco-friendly way then go ahead. But as always there might just be a financial constraint.
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