GOVERNMENT / THE ELITE - LOOKING GLASS NEWS | |
UK boasts world's 'priciest home' |
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from BBC News
Entered into the database on Sunday, August 07th, 2005 @ 01:31:55 MST |
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An English mansion, which is on the market for more than £70m, has
been named as the most expensive property in the world. It also boasts more guest accommodation away from the main building, a private
helipad and five swimming pools. Forbes.com put the mansion at the top of its list of "the priciest residences
on the planet" which are for sale. The business and finance specialists surveyed the five most expensive properties
on each continent, through property listings and contact with brokers and owners. Marketing agents Savills and Hamptons International described Updown Court as
"the most important private residence to be built in England since the 19th
Century". Forbes said the home was "totally over the top". It was built in 2000 on the site of an earlier property owned during the 1970s
by His Highness Prince Sami Gayed of Egypt. Forbes said neighbours included the Queen at Windsor Castle and Sir Elton John.
Updown Court was said to be $50m (£28m) more expensive than the priciest
American residence on the list. |