International Buyer Picks UP £14,25m Mayfair apartment (and just in time)

Off-Market super prime deal tucked away on the last day before the stamp duty hike.

Overseas buyers face significantly larger tax bills as of tomorrow, but we hear one Middle Eastern HNWI has managed to tie-up a super prime deal in Mayfair in the nick of time.

A 4050 square foot lateral on Grosvenor Square has been tucked away in speedy fashion after coming up for sale at £14,25m. The six-bed, five-bath and three reception residence, housed in a grand 18 th Century portered building on the square southern flank, went through without reaching the open market.

Silvina Paz and Silvia Bruttini from Address Property collaborated with Waleed Mohammed of Knightsbridge-based agency Merchants Row on the transaction, which involved a five-day exclusivity period.

The apartment – which has high ceilings throughout and a total of 26 windows – also came with a separate studio apartment. “Its our job as agents to find the best for our buyers”, said Mohammed.

“Mayfair is a market where you must be quick and move with confidence when the right opportunity presents itself.”

Article appeared on PRIMERESI
Property News
31 st March 2021