x

Society

Cyprus’ Former London Embassy Sold to Mideast Billionaire for $32 Million

LONDON – An anonymous Middle East billionaire bought Cyprus’ former London Embassy in an exclusive area for the equivalent of $32 million, who wanted a luxury residence for his family, said the listing agency Wetherell.

The 8,435-square-foot property, which is steps from Hyde Park, was built in 1913, as a grand six-story Edwardian-style home. It served as the Cyprus Embassy from 1959, as its new government was formed, until the delegation relocated to St. James’s Square.

“This magnificent former embassy on Park Street was converted back into a mansion and has been purchased by an international buyer who wanted a family home in Mayfair,” said founder and Chairman Peter Wetherell, reported Mansion Global

https://www.mansionglobal.com/articles/former-cyprus-embassy-in-london-sells-for-25-million-as-a-palatial-residence-72b26803

The buyer was intrigued by the four palatial reception rooms, access to the Green Street Gardens and the private elevator, according to Robert Dawson, Sales Director at Wetherell, London popular among Mideast and other rich foreigners.

The mansion has five bedrooms, including a principal bedroom suite taking over the second floor; a chef’s kitchen; wine storage; and a staff flat. The living room includes an ornate ceiling and the primary bathroom includes bright purple and green tiled walls with a flower design, images of the home show.

The property was sold unfurnished, which Wethrell said was challenging for a mansion in the Mayfair market, as most buyers prefer to see homes that are decorated and move-in ready. Wetherell used CGI to stage and design the house, which was a huge contribution to the sale of the property, according to the agents.

Before this, the mansion, originally designed by architecture firm Wimperis and Simpson, last traded hands in July 2012 for £10.67 million ($13.67 million,) according to Land Registry data provided to Mansion Global.

RELATED

JERUSALEM (AP) — The construction of a new port in Gaza and an accompanying U.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Over 100 Pilot Whales Beached on Western Australian Coast Have Been Rescued, Officials Say

MELBOURNE, Australia (AP) — More than 100 long-finned pilot whales that beached on the western Australian coast Thursday have returned to sea, while 29 died on the shore, officials said.

"How did you find Greece?" a friend asked me, after my recent return to New York from a trip there.

On Monday, April 22, 2024, history was being written in a Manhattan courtroom.

PARIS - With heavy security set for the 2024 Paris Olympic Games during a time of terrorism, France has asked to use a Greek air defense system as well although talks are said to have been going on for months.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.