13 Sep

Britain’s most expensive house for £300 million.

Britain’s most expensive house for £300 million.

Sept 13th - (The Cloister)

A Knightsbridge mansion previously owned by Rafiq Hariri, the late prime minister of Lebanon, has gone on sale with a record £300m price tag.
The luxury home was passed as a gift to Sultan bin Abdulaziz, crown Prince of Saudi Arabia, after Hariri was assassinated in 2005. It is now on sale following Abdulaziz's death in October 2011.
The price tag maybe at £300m, however when the combined wealth of 1226 global billionaires equates to US$4.7 trillion, the £300m price tag is fairly small. Undoubtedly it can sell for £300m if not more, the new buyer will have the third most expensive residential property in the world, commented by partners at The Cloister who specialise in high profile off market residential properties around the world.
Originally the mansion was built as four separate family homes but had been converted into one of the London’s largest residential properties.
The 60,000 sq ft building, which overlooks London's Hyde Park, has 45 bedrooms and apparently boasts bullet-proof windows.
The property has a large swimming pool, an industrial sized-kitchen, several lifts and underground parking. Its internal decor is rumoured to contain millions of pounds worth of gold leaf. The windows in the house, 68 of which face towards the park, are thought to have been bullet-proofed.
The price of £300m is more than double the previous record set by Grade II-listed mansion near Henley-on-Thames, which was a 300 year-old property sold in 2011 for £140m. The most expensive Penthouse apartment at One Hyde Park development in Knightsbridge was sold for £136m in 2010.
 

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