Sign in
Download Opera News App

Economy&Finance

 

Real estate

 

You'll Be Surprised How Much The Abandoned House Of Osama Bin Laden Cost|| No One Wants To Buy It.

After 6 months of the Bel-Air estate owned by Osama bin Laden was finally listed for R430 million.

After 6 months of the Bel-Air estate owned by Osama bin Laden's brother, Ibrahim Bin Laden was finally listed for $ 28 million. The house is in a prime location which is a walking distance from the famed Hotel Bel-Air, the mansions have not been taken yet. The New York reports that the 7 beds and 5 bathroom abandoned estate received a price cut of $ 2 million in January. Ibrahim owned the mansion for four decades since 1983 and he abandoned it after the September 11 attacks. Standing on over 650 meters Ibrahim lived there with his former wife Christine Hartunian Sinay who was a Los Angeles socialite with whom he shares daughter Sibba Hartunian.

The couple purchased the Mediterranean village-style mansion for R 1 million at the time. The photos reveal a pink concrete outside, the inside pictures are scarce due to its deteriorating state. The windows have been boarded up to ward off vandals. Those who might want to purchase the mansion will not only have to plunk down a hefty amount for the home but more millions for renovations. The property was cut down by almost two million but it seems no one is willing to buy it. The property was built in 1931 and the price is based on the land value only and its location.

The seller said the home is ready for redoing as the owner has not been in it for over 20 years. On the listing it describes the home as a rare lower Bel-Air lot with elevation and elevated pad, it also includes a guest house, greenhouse, a pool, and disappearing driveway. The property has a four garage car that once housed Ibrahim Bin Laden's two Roll-Royce and a Lamborghini. Despite its declined state, several palm trees continue to survive, and the swimming pool and spa appear well maintained.

These people are selling the land and not the property, if the mansion was built around 1931 then it must be old-fashioned and it could have the old types of furnished items and roofing. Buying it for over R28 million is not possible because renovating it will cost the buyer more money. The Ladens could have turned it into a tourist attraction sight or something else that could generate some money for them. The other option will be to cur the cost further or to auction the property.

Please share, comment, and follow me.

Source: https://nypost.com/2022/02/03/no-one-wants-to-buy-osama-bin-ladens-familys-bel-air-mansion/

Source:https://www.dailysun.co.za/News/pics-bin-ladens-r430m-pink-mansion-for-sale-2022020

Content created and supplied by: BhejangethunaAfrocentricNews (via Opera News )

Bel-Air Christine Ibrahim Mediterranean Osama

COMMENTS

Load app to read more comments