This Gold Coast home, East Coast of Australia, has a good deal of celebrity provenance, including, Emmy award winner Sarah Michelle Geller, who stayed at the home during the filming of “Buffy the Vampire Slayer” and “Scooby Doo”. Other “A list” media celebrities have holidayed in the property which forms part of the colourful home atmosphere. This luxury beach house was also used as the set for the mini series “Pacific Drive”.
More on Multi-million dollar celebrity Australian beach house will sell at Auction
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The world of celebrity real estate seems to mirror the ups and downs of the financial crisis, and these are a few headlines that demonstrate that.
Lauren Conrad leases her Hollywood Hills home out
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An interesting phenomenon seen over the last few years of the real estat eboom is the amount of celebrities who turned property developer. Presumably drawn by the lure of more easy money, as none of them have any particular experience or skills in this area (other than deep pockets). Leonardo di Caprio, John Leslie and Paris Hilton come to mind. The sensible among them merely lend their name to a project for a fee, but some actually put up the cash.
More on Magic Johnson’s Luxury condo developer files for bankrupcy
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Some time ago we reported on Michael Jackson’s Neverland ranch saga. Will it be sold, will some one buy it and give it back, will it be torn down? Who knows. But if you are interested, the contents of the house are going to be auctioned off in April at the Beverly Hilton.
More on Michael Jackson’s Neverland Ranch Contents go to Auction
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Carla Bruni, France’s first lady has just sold the family castle in Turino, Italy to an un-named Saudi prince. The middle eastern oil producers do seem intent on buying up not only the world’s banks, but the world’s finest real estate. After months of negotiation, the final sale price was E9 million ($11.5 million). The castle was jointly owned by three Bruni-Tedeschi women – Carla, Marisa and Valeria and the gossip is that the proceeds are to be split equally between the three ladies.
More on France’s First Lady Sells Italian Castle to Saudi Prince
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It appears that the credit crunch is taking a toll on up-market restaurants in the UK – the leases to two eateries belonging to celebrity chef Gordon Ramsay appeared for sale last week – only to vanish almost immediately.
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