World’s Most Expensive Home Sells For $160 Million in London


The world’s most expensive home sale took place in London, England with the purchase of a 5-story Victorian villa in Kensington. The sales price was a whopping £80 million ($159.3 million.) It is the most expensive sale of a stand alone home in the world. It was reportedly purchased by Ukrainian business woman and philanthropist Elena Franchuk.

The house, formerly a girls prep school, has at least 10 bedrooms, a gym, sauna, theatre, underground swimming pool and a working “panic room”.  Hmm… looks like you’ll have to park on the street, though.

Source: Telegraph (UK)

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  • It better have a pretty big pannic room when they see their mortgage statement. I wish I did there banking.
  • WoW! huge deal.
  • House prices in London are truly out of control. I suppose one thing that we can hope to gain from the recession is some perspective as to cost and worth in the property market.
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