Friday 1 February 2008

Thinking of moving?

From the Estate Times:

Horelma Peramam has bought the Toprak Mansion in London for £50 million, that’s $97.8 million. According to the Sunday Times who cited real estate broker Glentree Estates, Peramam’s purchase makes Toprak Mansion the most expensive newly built property in the UK.
Horelma Peramam is a Kazakh billionaire, according to a London newspaper. Peramam plans on spending an additional £30 million on renovations for the home.
Toprak is on Bishops Avenue in Barnet. The house was built by Turkish business man, Halis Toprak.

This place was on the market for a very short time. It was described then as very much 'over the top'. However, having paid the 50 million, the new owner plans to spend another 30 million fitting it out to her taste.

Just remind me - was not Kazakhstan described as a very poor country? Instead of pouring money into the place, maybe they would be better off setting up a Revenue system to tax their rich people. I'm not one for the overall redistribution of wealth but this seems to call out for some sort of social justice.


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