The property, which boasts 40 bedrooms and an impressive 29,000 square feet of living space, is the world’s most expensive home currently on the market. It is set to attract wealthy buyers from around the world who consider property an essential part of their investment portfolio.
The Holme’s location on one of the eight royal parks in London only adds to its exclusivity. The sprawling estate is expected to attract international buyers, with foreigners purchasing 48% of real estate considered “prime central” in the city last year, according to Quartz. The mansion’s 40 bedrooms make it ideal for a family home or a holiday retreat where members can gather during the festive season.
Unmatched Amenities
The Holme’s list of amenities is impressive, to say the least. The mansion features eight garages, a tennis court, a library, a sauna, and a grand dining room. The property also has an ornamental lake, a sweeping lawn, and lush greenery. Designed by Decimus Burton, a prominent 19th-century architect, in 1818, the property typifies Regency-style buildings, with Ionic influences as seen from the slender columns on the patio.
A Piece of Royal History
The Holme has a rich history dating back to 1818 when it was designed by renowned architect Decimus Burton. James Burton was the first owner, and more recently, the Saudi royal family owned it after buying it in 1998. However, the mansion was repossessed after a loan of $180 million expired, and receivers seized other assets, including a private plane and a property in New York.
The Changing Face of London’s Housing Market
Despite declining markets and rising inflation rates worldwide, London’s property market is still attracting wealthy buyers. The city’s most expensive property, The Holme, is evidence of this trend. The wealthy see property investment as a way of diversifying their portfolio, and they continue to make large purchases despite the economic climate.
Final Thoughts
The Holme is London’s most opulent mansion and the world’s most expensive property on the market today. It has an impressive list of amenities, regal location, and rich history make it an attractive investment for wealthy buyers. The mansion’s selling price of £250 million is staggering, but for those seeking luxury and exclusivity, it is a small price to pay for a piece of property history.
