3 bed flat in london - £140million - hurry, nealy all gone!!

Thermidor

http://www.telegraph.co.uk/finance/n...irst-time.html

£140Million for a 3 bed apartment in London. Hurry, they've nearly all gone.

Looks like everyone wants to invest in London.:money:

But as the report says:

"Property experts say that international buyers view London as a stable, safe market for money."

So London is where it's at!

MrPThomas

I wonder how much they will be selling for in a few years time? My guess is less than a mil each if prices keep falling as they are.

Thermidor

MrPThomas wrote: »

I wonder how much they will be selling for in a few years time? My guess is less than a mil each if prices keep falling as they are.

What?! You wish they would drop by £139Million?:rotfl:

Properties in London are RISING old chap.:money:

Mexas

"But the Candys claim that 60pc of the 83 apartments have already been snapped up, mainly by foreign buyers from the Middle East and Asia."

So, anyone but the people actually living here can afford them?

System

MrPThomas wrote: »

I wonder how much they will be selling for in a few years time? My guess is less than a mil each if prices keep falling as they are.

I think we have the most bearish comment EVER on MSE. Take a bow.

lostinrates

A surprisig number of those sorts of apartments are empty for 11 months of the year, or more when bought. Its just so people have a home to go to after shopping or socialising. Shopping mainly. I don't get it really. Lots of the places they shop they could get the same stuff in other leading cities, where they also have apartments. And probably cheaper...but I suppose they are hardly sweating the small change.

1984ReturnsForReal_2

I am surprised they got planning.

It looks sh1te

vaporate

What a ugly rat hole lol.

I would just keep the money.

Degenerate

Joeskeppi wrote: »

I think we have the most bearish comment EVER on MSE. Take a bow.

Welcome Mr P Thomas, founding member of the 99.3% club.

These flats are the equivalent of Louis Vutton or Prada handbags - their price bears no relationship to the general market. They exist in a market of their own, with the price determined by demand from buyers with more money than sense who want to overpay for a status symbol.

IronWolf

Degenerate wrote: »

Welcome Mr P Thomas, founding member of the 99.3% club.

These flats are the equivalent of Louis Vutton or Prada handbags - their price bears no relationship to the general market. They exist in a market of their own, with the price determined by demand from buyers with more money than sense who want to overpay for a status symbol.

Indeed, and I bet if they put "Trump" on the front of the building theyd get another 50mil

stonethrower

Degenerate wrote: »

Welcome Mr P Thomas, founding member of the 99.3% club.

These flats are the equivalent of Louis Vutton or Prada handbags - their price bears no relationship to the general market. They exist in a market of their own, with the price determined by demand from buyers with more money than sense who want to overpay for a status symbol.

True but at least the handbags look decent these flats from the outside are hideous.