Today : Friday - Aug 01, 2014, 03:13am (GMT+5.5)
All News  
Top News
National News
International News
Business News
Sports News
   » Cricket
   » Football
Entertainment News
Sci - Tech
Politics News
Health & Fitness
Education
Travel
Lifestyle
Gulf News
Featured
 
::| Latest News
News in Pictures

Intelligence Bureau Special Director Rajendra Kumar will not be named in the Central Bureau of Investigation's first chargesheet in the Ishrat Jahan fake encounter case, according to sources. Sources say the CBI needs more time to investigate the alleged conspiracy behind the encounter.

Entertainment News
 

Ricky Martin sells Miami Beach mansion for $10.6m

Monday - Apr 23, 2012, 03:19pm (GMT+5.5)
[+] Text [-]

Ricky Martin sells Miami Beach mansion for $10.6mLondon -  Ricky Martin has finally sold his Miami Beach mansion for a cool 10.6 million dollars after five years of trying to get rid of the property.

The 40-year-old star had his Miami Beach mansion on and off the market after paying 10million dollars for the 10,000 sq ft home back in 2005.

According to the property records the singer sold the mansion for 10.6million-dollar, but the name of the buyer is yet to be released.

Superstar couple Beyonce and Jay Z had been looking for a property in Miami Beach and were known to have visited the mansion whose neighbours include Miami Heat star Dwayne Wade  and Bee Gee Barry Gibb.

The home was on sale for 19.8million dollars in 2008 but with the collapse of the housing market in Florida, Martin was forced to reduce his asking price.

Then, two years later in 2010 it was on the market for 12.5million dollars.

But with Martin, who is appearing on Broadway in the musical Evita, looking for a quick sale he accepted an offer 600,000 dollars above his own purchase price.

Property taxes on the seven-bedroom home are 106,000 dollars a year.

The home was described as a ‘Mediterranean masterpiece’ by the realtors trying to sell the home.

Their description read: ‘Mediterranean masterpiece with breathtaking open bay views from every room. This private estate is the epitome of luxury living featuring the finest in detailed  finishes including solid mahogany doors, ceiling treatments, fireplaces, travertine marble throughout, and crown moldings. Spacious gourmet kitchen, formal dining room, full bar. Jacuzzi  and pool.

It is the second home Martin, who has adopted twin boys, has sold in Florida in recent months.

Back in October, he sold his beachfront mansion in Golden Beach for 6.3 million dollars.

But Martin, who is in a steady relationship with boyfriend Carlos Gonzalez, will still consider Miami his home, according to his spokesman.

“Ricky Martin has such strong ties to Miami that he will always consider it his home alongside Puerto Rico,” the Daily Mail quoted spokesman John Reilly as telling The Miami Herald.

“As much as Ricky loves [South Florida]... Ricky is currently performing eight shows a week at the Marquis Theatre in Times Square, and it would have proved to be a somewhat difficult daily  commute,” he added.





|

Rating (Votes: )   

blog comments powered by Disqus


Related Articles:
» 'Nach Baliye 6' about passion, not vulgarity: Shilpa
» Swift like a sister to Steinfeld
» Kim, Kanye to draw up prenuptial
» Eva Longoria almost kills herself during film shoot
» Taylor Swift's songs window to her life
» Orlando Bloom and Miranda Kerr’s `6-year marriage over`
» Kerry Washington avoids drinking alcohol
» Orlando Bloom, Miranda Kerr separate
» Confident girls are easier to be with: Josh Hutcherson
» Kim K’s engagement ring `worth $8mln`
» Katy Perry's new song is autobiographical
» Katy Perry keeps Miley, Taylor's hair as souvenirs
» Shun destructive relationship tips
» Easy ways to de-stress
» Hemsworth nicest, best actor, says Natalie Portman
» Hrithik Roshan hopeful for 'Krrish 4'
» Kim K’s 1mln-pound engagement ring similar to Kris Humphries`
» Russell Brand admits having sex with a man
» Britney Spears prepares `cheat-sheet` for questions about her singing
» Kelly Clarkson marries Brandon Blackstock
» Beyonce Knowles tried bungee jumping
» Jackman sees himself as skinny long-legged guy
» Kylie Minogue wants to reunite with ex -eau
» Jolie set to clinch over 30 pounds autobiography deal
» Be your own opinion leader: Jada Pinkett


Other Articles:
Beatles’ unseen pics to go under the hammer (23rd Apr, 2012)
Adele holds on to number 1 spot in UK album chart (23rd Apr, 2012)
Chelsea Handler calls Angelina Jolie ‘the opposite of a girl’s girl’ (23rd Apr, 2012)
Bad news for Robin Gibb after waking from coma (23rd Apr, 2012)
When driver turned Arjun's best friend in Lucknow (23rd Apr, 2012)
Payal Rohatgi wants money before honey! (23rd Apr, 2012)
Perry cuts Brand out of her life (23rd Apr, 2012)
Beyonce makes scrapbook for daughter (23rd Apr, 2012)
Mulligan weds Mumford (23rd Apr, 2012)
Prince Harry to keep romance private (23rd Apr, 2012)
Berry affected by motherhood (23rd Apr, 2012)
Minaj not ready for kids (23rd Apr, 2012)
Theron loves 'Prometheus' challenge (23rd Apr, 2012)
Minogue shows off biker chic in new promo (23rd Apr, 2012)
'DID 3' winner wants to be best dancer, train young children (23rd Apr, 2012)
Pamela Anderson promotes ban on seal fur (23rd Apr, 2012)
'Mirror Mirror' not the fairest, but real good nonetheless (23rd Apr, 2012)
Dirty Picture' TV premiere stalled despite cuts, Bollywood furious (23rd Apr, 2012)
Watch 'Disco' at your own risk (23rd Apr, 2012)
Chinese film, TV makers win prizes at Houston Int'l Film Festival (23rd Apr, 2012)
Pregnant Reese Witherspoon craves for seaweed smoothies at night (22nd Apr, 2012)
Rihanna’s dad says she was `obsessed with Whitney` (22nd Apr, 2012)
Katy Perry deletes ex Russell Brand’s scenes from film (22nd Apr, 2012)
Bebo `excited` about playing `Queen Arundhati` (22nd Apr, 2012)
New book reveals Simon Cowell’s obsession with other men’s exes (22nd Apr, 2012)




Contact Us | Advertise with Us | Privacy Policy | Disclaimer | Terms of Use