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Someone showed me around the private gym.
It has a glass wall that slides open when touching the button, which is a leather
Yoga District (
In front of the plasma TV), 15ft-
Tall bamboo and a row of mineral water refrigerators.
When I appreciate the control panel system (
Cost several hundred thousand ')
, It can do anything, from playing the iPod to turning on the gas switch, or running the bathtub in response to a text message, I want to know who is going to splurge on this property in the teeth of the worst global recession in generations.
It is reasonable to say that Alex Michelin and Andrew Dunn, directors of Finchatton, a real estate company, should feel very nervous.
They just put these six.
The storey stucco mansion in Eaton Square is priced at an amazing £ 25 million.
As house prices are expected to continue to fall until 2012, even billionaires are wondering, is it really time to invest millions of dollars?
London pound-à-terre.
Finchatton's rivals, the gorgeous Candy brothers, must have been in pain, sold their stake in the reconstruction of Chelsea's barracks and canceled their reconstruction at the Hospital in Middlesex.
Still, when I met 32-year-old Michelin and 33-year-old Dunn in American black walnuts --
I noticed that their palms were strong and dry, their eyebrows spread out, and there was a bright smile on their faces.
Despite the grim market situation, it seems that the property has been sold so well; two would-be purchasers -
A Middle Eastern, an American.
I just pushed it out.
But they have fallen from unsustainable levels.
We have never priced such a bubble for our property.
About 18 months ago we stopped buying the property when we thought the price was really getting too high.
Instead, they intend to raise a slush fund from British investors to take advantage of the economic downturn. It is reported that the scale of the economic downturn is 0. 12 billion pounds.
They have raised £ 35 million in equity from private investors and pension funds, while the balance will be provided by Clydesdale Bank and Bank of Scotland.
We think the next 24 months will be one of the best buying opportunities in our career.
After five years, the price will look very cheap.
The fall in sterling is very good for euro buyers who think the price will fall by 50.
Dunn and Michelin don't compare themselves to Candice, who they know of course.
'We are not in the same market at all, 'they said.
Our project is much smaller and much more cautious.
And obviously the price is reasonable-
Wallet for 25 million
But they say there are two other houses on Eaton Square for sale, with lower specifications and higher prices.
Dunn, who is in charge of Finchatton look, explained: "We always have to price it for sale . " Michelin took me to the restaurant while looking at the money, hand-made, mirror-
Polished mahogany table.
"Some developers stick to it and try to squeeze more out of the buyers, but we want to move on to the next project.
Or rather, the next 15 projects that Finchatton is currently working on --
The largest apartment is the Montpellier Hall, which converted a nursing home in Knightsbridge into six apartments worth 80 million.
Dunn says this is for those who want to live in discreet and private places.
"It's very different from Hyde Park. ' (
This is the development of the Candy brothers overlooking Harvey Nichols with bullet-proof glass, a purified air system and a penthouse for £ 100 million. )
There is also an 8-thousand-square-foot apartment in Chelsea with "crackles" and three in the other.
Storey aquarium and some private commissions
In the "Golden postal code" of Belgravia, Mayfair, Knightsbridge, Chelsea and Kensington, this is the only area Finchatton touches.
Dunn and Michelin themselves move around that kind of circle, and that doesn't mean they're completely ranked second --
Guess the customer's requirements.
Dunn's father was a wealthy financier.
Before giving up work to raise Andrew, his mother was originally a teacher.
Dunn now lives with his wife Arabella.
People working at Eaton Square School)
In a Chelsea House, socialize with Prince William and Prince Harry around.
He is a close friend of van Cutsems, model Rose Hanbury (long-
Time to squeeze the Marquis of Cholmondeley)
Poppy Delevingne.
According to a friend, when he did not decorate the house, he would "go skiing or take part in a yacht race or some family party ".
Meanwhile, Alex Michelin was born and raised in Antigua, Jamaica, and his father was a hotel owner who created cocoa and cocoa Bay.
Alex's mother owns a range of shops in the Caribbean.
There is a Finnish restaurant Michelin
The apartment designed in Knightsbridge, as well as the mix in the financial world, knows the scene of the club, because his girlfriend Lucie works for Nick House, who is behind Mahiki and Whiskey Mist
The two met at Charterhouse School and immediately knew they wanted to work together.
Unfortunately, they couldn't think of a viable business idea, so they had to go all the way.
Alex Michelin may have integrated the real estate industry into his genes, but after earning a bachelor's degree in economics from the University of Nottingham, he started his career in finance at HSBC.
Meanwhile, Andrew Dunn works in yacht design studios and shipyards in New Zealand and the United States before returning to London to work for a real estate developer.
Michelin came up with the Finchatton concept after buying his first apartment and experiencing the pain of waiting for BT people.
"It took so long.
Then I saw a guy driving a Ferrari, and I thought, "Why didn't a real estate company offer the equivalent of a Ferrari to someone who has money but no time?
"You can find beautiful houses, but they need work before they are perfect.
I decided that there might be a market where everything was thought of in advance.
So in 2001, the 24-year-old and 25-year-old couple raised £ 3 million from friends and family, quit their job and bought their first property, one of Mayfair's houses, which cost £ 900,000, was quickly sold for £ 1. 8 million.
They named the company after Dennis Finch Hatton, the timeless and charming African hero
"We just like the old African style ".
The huge plasma screen is hidden inside the bed frame and will appear just by pressing the button.
The glass wall slides back and forth, and the huge wolf pan in the kitchen comes with a full fish steamer.
Kitchens are becoming more and more important, says Michelin.
They were hidden in the basement where the staff worked when we started, but for the last five years, we-
The way of life has become popular.
The kitchen is now recognized as the center of the family.
Even if they never cook in it.
Apparently, most buyers came here with furniture.
Although they usually bring their own art.
Too strange to ask.
They built closets specifically for the Jimmy Choo and Manolo Blahnik series --
"This is related to the height of the heel "--
Design temperature-
Control the wine cellar to store your Pétrus separately from your Bollinger.
You can even give your Ferrari a lift.
This technology means that you can control what's going on in your home when you cruise in the Mediterranean.
These control systems are very eco-friendly.
Dunn continued, very friendly.
If you go and you put them where you are on vacation, they will minimize the temperature and keep it to a minimum.
But is London's property Green worth investing in?
"Oh, I think the demise of London is exaggerated," said Michelin.
"We have seen crashes in our 70 s and 80 s, and London is always written off as a death.
This is a serious downturn, but this is not the end result.
London has GMT, which is closer to India and China than New York, and for a long time
This will be a great place to have a house for the semester.
Even if we are no longer a financial center, we have traditions, schools, theater and culture.
You can't create it anywhere
Few years after and other
He happily insists that this is the best city in the world and if you are a wealthy Chinese, Indian or Russian, you want to have a home here.
"We have already ushered in the 2012 Olympic Games, and banks will start to hire employees ahead of time, and London will become lively again before you know it.
They insist that the property is the safest place to store cash: "You can get better returns with lower volatility.
People who are disappointed in the stock market will invest in the real market.
Put your money in such a safe place.