Kylie Minogue Buys Property In Knightsbridge, London For $26 Million

By Author: Rebecca Smith
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According to reports, ‘pop princess’ Kylie Minogue has just bought a new apartment in London’s most expensive apartment block, One Hyde Park, for £16 million (US$26 million).

Kylie, who started her five night Aphrodite show at London's O2 Concert Arena on 7th April, has apparently been looking for a home in which she can settle down with her Spanish boyfriend Andres Velencoso and perhaps start a family.

When interviewed, the forty year old admitted that she would "love" to become a mother and would "absolutely" look into adoption "because children and family are very important" to her.

Kylie’s new three bedroom apartment comes complete with a private cinema, a twenty-one metre swimming pool, a private sauna, a gym, a golf simulator, a wine cellar and a squash court. It even comes complete with a private butler and room service is provided by the nearby Mandarin Oriental Hotel.

Asked if she was considering retirement anytime soon Kylie responded by saying; “Absolutely. I say that at the end of every tour. And then something happens a few months down the line and I start thinking of songs ...
... and getting that itch. What can I say? I'm addicted.”

Kylie spends most of her time in London and usually returns to her native Australia at Christmas to visit family and friends.

One Hyde Park is a mixed use development made up of residential and retail outlets including, Rolex and McLaren Automotive. The building is owned by Project Grande Limited and stands next to Hyde Park and the Mandarin Oriental Hotel.

The architecture of the building is enhanced by the natural surroundings of Hyde Park and apartments have views across the Park to the capital. Some of the finest shops in London are also on the doorstep such as Harrods, Harvey Nichols and Prada.

One Hyde Park is a joint venture between brothers Christian and Nick Candy's CPC Group and Sheikh Hamad, the Prime Minister of Qatar. The previous building on the site was demolished in 2006 and construction of One Hyde Park began in 2007.

The Candy Brothers were mocked four years ago for beginning the extravagant project but, despite the economic downturn, fifty of the eighty-six apartments have been sold.

The official opening of One Hyde Park was celebrated with a party held at the neighbouring Mandarin Oriental Hotel. The event attracted celebrities from all over the world including Bernie Ecclestone, Sir Andrew Lloyd Webber, ‘Dragon’ James Caan and BBC sports presenter Gary Lineker, together with a long list of Eastern European business tycoons, Middle Eastern sheiks and entrepreneurs from mainland China.

If you are interested, prices at the property in Knightsbridge, London start from £6.5 million (US$10.6 million) for a one bedroom apartment and cost an average of £6,000 (US$9,800) per square foot.

Article... http://blog.oceanvillasgroup.com/kylie-minogue-buys-property-in-knightsbridge-london-for-26-million/

Rebecca Smith
Ocean Villas Group
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Rebecca Smith is a real estate journalist with more than 15 years experience. She is currently the sales director for Ocean Villas Group who specialise in luxury ocean view property investments worldwide.