Wednesday, Mar 28, 2007
Think I will buy two!
Metro: London Flat sells for £100 Million
Struggling to find the first foot on the property ladder, why not buy a flat in London, great location!
Posted by afrobaggie @ 02:00 PM (169 views) Add Comment
3 Comments
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1. Sam said...
makes sense to me, buy two rent one and it pays for both...
2. garch said...
If it looks a bit unreal it probably is:
"The £1.5bn block has been designed by Richard Rogers is being developed by brothers Christian and Nicholas Candy and is backed by the Sheikh himself from his personal fortune. "
This guy is probably the main investor in the whole project - he pays a headline price for the first sale, the profits of which are largely flowing back his way. Then the benchmark is set for others to follow...
I have little doubt that this place will be valued at significantly less in a few years time.
3. maddison said...
Even so London really is becoming the capital of the world!