A Middle Eastern businessman is said to be renting London’s most expensive property for a wopping $90,000 US per week.
What do you get for $90,000 per week? A four bedroom penthouse at One Hyde Park, London’s most prestigious residential development. That’s some undeniably excellent real estate, but the weekly rent is still blowing our minds!
To give you a better idea of just how high the prices are in this opulent central London development, the penthouse sold for $228 million US last summer.
The UK-based property broker, Savills, estimates that 10 per cent of prime central London real estate is held by buyers in the Middle East and North Africa.
That just goes to show you that if you’re looking to buy some jaw droppingly expensive real estate, London truly is calling.