[imagesource: Candy and Candy]
The most expensive house on the market in South Africa – or at least publicly listed for sale – is usually somewhere between R100 and R150 million.
This whopper in Fresnaye, for example, is still on the market for R150 million, and isn’t a terrible place to lay your head down for the night.
It’s all about location, I guess, and if you want to spend roughly 23 times that amount, you can snap up Britain’s most expensive apartment, a penthouse that overlooks London’s Hyde Park.
You can even cover the £175 million (around R3,5 billion) with Bitcoin, as 48-year-old developer Nick Candy says he is looking to cash in on increased demand for London’s most exclusive homes.
The Telegraph below:
The property, which is 18 times larger than the average UK home, has a media room, private spa, cocktail bar, two terraces, four car parking spaces and a wine room that can hold 750 bottles.
It was valued at £160m in 2018 when it was remortgaged for £80m, according to reports and filings, making it what is thought to be Britain’s most expensive apartment.
That’s the formal reception room pictured right up top, and the master bathroom, below:
Just a thought – there’s nothing stopping you from calling your toilet the master bathroom. Live a little.
There’s also a champagne room, and if you pay a little extra, the home’s contents will be included in the sale.
Candy told Bloomberg buying this gem should be considered an investment:
The penthouse “a world-class real estate asset in the heart of London that will continue to perform as a solid investment for years to come,” Candy said in an emailed response to questions from Bloomberg News.
Offers in Bitcoin and Ethereum will be considered as cryptocurrencies are a “big opportunity,” he said…
One Hyde Park was developed by CPC Group, a company owned by Nick’s brother Christian, and a firm controlled by former Qatar Prime Minister Sheikh Hamad Bin Jasim Bin Jaber Al Thani.
The project adjoins the Mandarin Oriental hotel and is a five-minute walk from Harrods department store.
Here’s your view out over Hyde Park:
I’ll take something in Cape Town with a sea view and bank the R3,35 billion change, thank you very much.
Another apartment in the One Hyde Park development is on the brink of being sold for £110 million, to hedge fund boss Suneil Setiya.
That penthouse is unfinished, hence the ‘knockdown’ price.
