History Hits the Market, Las Vegas Sets a Price Record, and More
A Historic London Mansion, Home to the Members-Only Naval Club, Lists for £35 Million
The lavish Mayfair fixer-upper could have up to 16 bedrooms and a basement pool and spa.
A Custom-Furnished Show Apartment With Sweeping Views of London Landmarks
Award-winning studio Elicyon designed the fully furnished three-bedroom home.
Southern Comfort: Designing With Unbuttoned Elegance
It’s an aesthetic that combines raw materials, family heirlooms and layers of patterns—with a “wink and a smile.” Read More
Priorities Change for U.K. Homeowners and Renters Amid Covid-19 Pandemic
The most desired amenities for more than a quarter (26%) of U.K. homeowners and renters have changed over the past year amid the coronavirus pandemic, according to a study from gradual homeownership provider Wayhome. Unsurprisingly, work-from-home policies and numerous lockdowns appear to be driving the priority shift. Atop the list of desired amenities is access to a private garden (36%), more square footage (30%) and a dedicated home office (26%). Likewise, features that were previously identified as important pre-pandemic, have been deemed as less essential now, with an easy commute (17%), being close to shops and restaurants (17%) and being near public transport (14%) falling among the newly unnecessary. PropertyWire
Las Vegas Sets a Price Record in March
You can’t beat the house. According to a report from Las Vegas Realtors, the median home price for existing single-family homes in Southern Nevada hit a new high of $363,000 in March, breaking the previous price record set just a month before. The record price represents a 13.8% gain, year over year, for the region. Aldo Martinez, president of Las Vegas Realtors, credited the unusual price growth to tight housing supply, unwavering demand and low mortgage rates. World Property Journal
Ireland and Portugal Are Popular Destinations for Hong Kong Emigrants
Hong Kong emigrants looking for EU residency are increasingly picking Ireland and Portugal as the two nations that offer residency without lengthy stay requirements. The Irish Immigrant Investment Programme provides residency for individuals who invest €1 million (US$1.18 million) in an Irish enterprise with only a token one-day stay required in the country. Portugal, meanwhile, will provide residency to an individual or family with dependent children for an investment of €500,000 in a property (or an investment of €350,000 in a property that needs renovation). Portugal’s golden visa can be renewed every two years, provided applicants spend two weeks in the nation every two years. South China Morning Post
‘Big Short’ Architect Buys $25 Million Spec House in Miami Beach
Don Mullen, a former Goldman Sachs executive who bet against the U.S. housing market before the 2008 crash, in what became known as “the big short,” has purchased a Miami Beach spec home for $24.8 million. The Sunset Island property, which is expected to be completed by the fall, includes a full outdoor kitchen, floor-to-ceiling glass doors and 100 feet of water frontage. It originally hit the market for $27 million
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