Russians Set a Record In USA Real Estate Market
Source: http://www.forbes.com
#usa #russia #realestate #record
A Florida home has sold for US$ 47 million, a record for a single-family house in Miami-Dade County, as the high-end real-estate market shows signs of resurgence.
The home was originally listed for US$ 60 million and had been on the market since early 2011, when construction was still being completed. The asking price for the Indian Creek Village home was reduced to US$ 52 million this year.
The identity of the buyer, a Russian who bought the home in the name of a U.S.-based limited-liability company, couldn't be learned.
The Indian Creek estate is on a small gated island, with a private golf course, that is home to a number of celebrity residents, including Julio Iglesias. The 2790 square meters home has glass walls overlooking Biscayne Bay and was designed to feel like a private resort. It was constructed across a series of limestone pavilions divided by waterways with koi ponds, in a style that architect Rene Gonzalez described as "conceptual." There is a central courtyard with landscaped walls, as well as a beach with several tons of sand imported from the Bahamas, chosen over local sand for its pinkish color.
The home also has a hidden art vault, a projection 3-D movie theater and a wine cellar accessed with fingerprint identification. The furnishings were custom-designed for the space.
The sellers of the 10-bedroom estate are developers and longtime friends, Shlomi Alexander and Felix Cohen, who built the home on speculation, expressly to sell. Construction began in May 2008.
The home was originally listed for US$ 60 million and had been on the market since early 2011, when construction was still being completed. The asking price for the Indian Creek Village home was reduced to US$ 52 million this year.
The identity of the buyer, a Russian who bought the home in the name of a U.S.-based limited-liability company, couldn't be learned.
The Indian Creek estate is on a small gated island, with a private golf course, that is home to a number of celebrity residents, including Julio Iglesias. The 2790 square meters home has glass walls overlooking Biscayne Bay and was designed to feel like a private resort. It was constructed across a series of limestone pavilions divided by waterways with koi ponds, in a style that architect Rene Gonzalez described as "conceptual." There is a central courtyard with landscaped walls, as well as a beach with several tons of sand imported from the Bahamas, chosen over local sand for its pinkish color.
The home also has a hidden art vault, a projection 3-D movie theater and a wine cellar accessed with fingerprint identification. The furnishings were custom-designed for the space.
The sellers of the 10-bedroom estate are developers and longtime friends, Shlomi Alexander and Felix Cohen, who built the home on speculation, expressly to sell. Construction began in May 2008.
