According to a publication, the heir’s family has an inheritance worth more than R$4.2 trillion
Photo: Abd Rabbo Ammar/ABACA
The Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud put his family’s property up for sale in Regent’s Park, London, United Kingdom.
According to the Independent, the heir’s family has an inheritance worth more than BRL 4.2 trillion, but the monarch would try to “cut spending” and with that he intends to sell the mansion for the price of BRL 1.5 billion.
With more than 8,800 square meters of usable space and practically as much outdoor space, the property he has sold is the most expensive property on the market in the English capital to date.
The mansion has 40 rooms, eight garages, a large garden and a tennis court, as well as a sauna and a library. According to the publication, it was bought in 1988 by Sultan bin Abdulaziz Al Saud, the former crown prince and defense minister of Saudi Arabia, for BRL 93 million. Before that it was owned by the University of London.
Experts heard from the site claim that the fact that the villa is quite expensive makes the list of possible buyers small. However, some “ultrarich”, as the Independent claims, have been interested in the house since last month.
Real estate mogul Nick Candy and his wife, actress Holly Valance, have already visited the property, which is on the market with Beauchamp Estates and Knight Frank, two luxury real estate companies.
Previously, the title of ‘London’s most expensive house’ also belonged to the Saudi royal family, with a 45room mansion overlooking Hyde Park. It was sold to a Chinese billionaire, businessman Hui Ka Yan, in 2020 for R$1.3 billion.
Source: Editora Terra