Home And Garden Articles
Develop Your Domain Names
British Record Set for Newly-built Home -- $70 Million, Record then Smashed by Sale at $100 Million
Dallas, TX (PRWEB) January 30, 2008 -- Lev Leviev, Israel's richest man, spent $70 million (£35 million) to purchase what was briefly the most expensive newly constructed single family home ever sold in Britain. The Palladian-style home, located in the exclusive north London district of Hempstead, features a $100,000 bullet-proof door, a ballroom, a $1.5 million stone staircase, and an indoor swimming pool with gold plated mosaic tiles.
The ink was hardly dry on Leviev's contract before Horelma Peramam, a female billionaire from Kazakhstan purchased Toprak Mansion on Bishop's Road, north London's blingiest street, for $100 million. Peramam then announced she planned to spend an additional $30 million to redo the new house and expand it from a mere 23,000 square feet to 42,000 square feet.
Estate agent Trevor Abrahamson, managing director of Glentree Estates, sold both properties.
The two buyers share rags-to-riches stories. Firmly entrenched on the Forbes billionaire list, Leviev is a 51-year old diamond czar who reportedly immigrated to Israel from Uzbekistan in 1971 without a penny to his name. Peramam is a diminutive 75-year-old woman who fled Kazakhstan at the age of 17. A year later, while living in an Iranian refugee camp she met her future husband, a medical student from a wealthy family. She helped him build a $2 billion property portfolio that stretches from Iran across Europe.
"These record-setting sales prices are another indication of the desirability and strength of the London luxury home market," said Laurie Moore-Moore, founder of The Institute for Luxury Home Marketing, a leading research and training organization for real estate professionals specializing in the upper-tier housing market internationally.
"Although the British housing market shows some signs of softening, London is still the most expensive housing market in the world. Research firm Global Property Guide's newest report on the cost of purchasing apartments in major cities around the world puts what the firm calls "prime central London," including the neighborhoods of Belgravia, Chelsea, Mayfair, Notting Hill, Knightsbridge, and Regent's Park, at the top of the most expensive list. In those areas, apartments range from $21,800 to $36,200 a square meter.
"The reported sale late last year of a new London penthouse unit at One Hyde Park for $200 million to Sheikh Hamad of Qatar (an investor in the project) still appears to hold the record as the most expensive residential property sold in the world, added Moore-Moore. "This sale bumped the previous record set by the $128 million purchase of a London residence by oil magnate Lakshmi Mittal."
"As the number of wealthy grows around the world, the very top of the luxury home market
continues to be the 'sweet spot' in residential real estate," Moore-Moore concluded.
For more information about The Institute for Luxury Home Marketing, visit http://www.clhms.com.
###
Other Article Sites
findabook.com moneycd.info a-mortgage.info
about-lemon-laws.info aboutstudentloans.info
all-about-publishing.info auctions-articles.info bestcollege-university.com bestispconnection.com
biblefolder.com blogger-website.com books-used.info brokers-guide.info buywindows.info cable-dsl.info
career-miner.com carpel-tunnel.info cashinaflash.info cashloanreviews.info casinobell.com chat-house.info
clearmycredit.info collegeloantips.info crones.info depression-articles.info
dirnic.net dishguides.info
divers-below.com expodog.info
financewizz.com fire-insurance.info getgood.info handleit.net
it-idea.info
health-supplies.info hosting-right.com insidealert.com insurance-facts.info jobs-employment.info
justgood.info lookgold.net
lowcost-travel.info money-source.info myhostzone.info numisblog.com
peoplesearchfinder.info pr-articles.info realeas.com
refinancing-guides.info spyware-remove.info
telelot.info the-law.info
toppaid.info travel-deals.info travelcorrect.com wedding-guide-site.com
your-blog.info your-credit.info
MORE ARTICLES:
Fall Garden Chores for Spring Flowering Bulbs
As the school busses begin to rumble down the road again we are reminded that the gardening season is drawing to a close. For the gardener with an eye toward next spring, however, the season still promises plenty to be done in preparation of a showy spring to come.
New Ways to Use Flowering Clematis in the Home Garden
As a lifetime horticulture professional, Vicki Smith (www.LGYP.com) has exciting news and guidance for using Clematis in today's low maintenance landscapes.
Wild Flower Garden - Yours to Design and Plan
To design a wild flower garden, you do not need to be a specialist or an artist, you just need to be observant and let your creative juices flow. Look around you, what is unique about your surroundings? Do you wish to enhance or compliment these things.
Flowers That Beautify Your Home and Garden
To help gardeners choose flowers, various systems for rating hardiness have been developed. A plant is considered hardy in a region if it can grow and thrive there without requiring special protective measures such as insulating with straw mulch.
Add Rich Color To Your Garden With Blue Perennial Flowers
Blue flowers are some of the most striking plants around and can add a rich splash of color to any garden. Plant them in a cluster of all blue or mix them in with other flowers for a rainbow of color.
How to Choose the Right Bulbs for Your Spring Flower Garden
Choosing the right bulbs involves more than just selecting colors and cultivars. Timing, bulb size, and most importantly, bulb health are equally significant factors in designing your spring garden.
Enhance Your Flower Garden With Garden Edging
So, you've got your flower garden set up You've planted the flowers, some perennials here, a few annuals there
Edible Flowers in Your Garden
Flowers can be an integral part of cooking. While most of us are aware that violets can be candied and nasturtiums can be eaten in salads, there's a bounty of flower varieties that are both edible and delicious.
Exotic Flowers: Luxurious and Impressive for Your Home and Garden Decor
There are several types of exotic flowers to best suit any occasion. And of course, depending on your personal taste, you will want to choose the best exotic flowers you can obtain to be the perfect flowers, the most adequate for the purpose they will be serving. For example: at someone?s funeral, you may want to choose bouquet of flowers that the deceased would have loved. Here are some other examples (after all, these flowers are for happy occasions as well as the more tragic ones.
Flower Garden: 4 Fundamental Tips on Starting a Flower Garden
Are you thinking to start gardening as a hobby Or maybe you're planning to create your very own flower garden
Wild Flower Garden - Make Amends...Your Plants Will Love It
A wild flower garden, just like any garden you wish to plant, requires good quality soil that will meet the needs of the plants you put in it. That means that your garden soil may need some amendment.
Converting a Weed Garden to a Manageable Flower Garden
Recently I must have had sucker tattooed on my forehead because just when I thought my summer gardening season was winding down into a nice relaxed not hard labor kind of fall a friend baited me into a conversation about their landscaping and the outcome was I ended up helping them redesign a garden
Flower Gardening
Flower gardening is becoming more and more popular every day. Flowers can brighten everyone?s day, they smell nice, and are a great hobby. Flower gardening is simple, inexpensive, and loads of fun. Flower gardening can be done for yard decoration, simply as a hobby, or even professionally.
5 Most Popular Flowers for Your Garden
When planting a garden there are many questions which you must ask yourself before you begin. Where are you going to plant it, do you have the garden equipment to do so and how big do you want your garden to be? When do flowers bloom and what are their heights? These are all very important questions, however they mean very little if you have not yet decided which types of flowers you want to plant.
In Bloom: Manbury Home and Garden Accessories Unearths Garden Delights for Gorgeous Homes
Manbury Home and Garden Accessories now features a variety of attractive, practical garden solutions at www.manbury.nl, where consumers can peruse and purchase a variety of garden tools and accessories.
