Mansion Global Daily: Owning Prince Charles’ Former Estate, Property Tax Problems For Those With Multiple Homes In Shanghai, And More


English Country Estate, formerly owned by Prince Charles, asks for nearly £ 5million

The Prince of Wales retains the fishing rights to the property. Read more

BY THE NUMBERS


TREND TODAY


LIST OF THE DAY


Ultra-private Turks and Caicos residence offering intimate beach access and spectacular ocean views

This ready-to-build home in the new development of The Strand has a guest cabin option and 114 feet of private water frontage. Read more

SMART HOUSES


Smart air fryers to boost your cooking game

These handy devices make it easy to create healthy meals without sacrificing taste. Read more

NEW BITES

London’s infrastructure expansion set to push up house prices

Potential infrastructure improvements in South East London could raise house prices in key locations by 10% over the next decade. The proposed extension of the Bakerloo line of the London Underground would stimulate housing demand and trigger a wave of regeneration along the route, according to Savills. “These numbers are based on new stations unlocking new developments, creating more jobs and supporting new amenity, retail and leisure facilities,” said Lawrence Bowles of Savills. London Evening Standard

Waterfront Home in Tamarama, Australia Breaks Local Records After A $ 25 Million Sale

Sitting on a hill overlooking the ocean, a house in Tamarama, Australia sold for over A $ 25 million (US $ 18.6 million), breaking the price record in the seaside suburb of Sydney. The four-story house hit the market three weeks ago with a guide price of A $ 20 million. “These are generational homes and buyers only really get the chance to buy them once in their lifetime,” said listing agent Pauline Goodyer. Domain

Property tax issues for those who own multiple homes in Shanghai

Homeowners of several houses in Shanghai are considering reducing their real estate portfolio in anticipation of possible property tax increases. China’s central government is preparing to test a new property tax in some areas as part of its efforts to cool the country’s fiery real estate market. The move is prompting speculation that existing levies in Shanghai and Chongqing should be increased. In major Chinese cities, 40% of households own at least two dwellings. South China Morning Post

Central Texas Ranch sells to investors for $ 240 million

A sprawling 31,000-acre ranch in central Texas, about 45 miles northeast of Austin, has been sold for $ 240 million. A group of Texas-based real estate investors were behind the purchase and have yet to finalize plans for the property. Formerly used for an aluminum smelter and coal mine, the once industrial land has since been rehabilitated with 15 lakes and thousands of acres of pasture and farmland. Austin American-Stateman

AROUND NEWS CORP

Why Shabby Chic is the interior trend that will never die [The Times of London]

How to protect your home from flooding before the next big bang [realtor.com]

Live in this serpent-shaped house in Mexico with its own mineral cave [New York Post]

Disturbing statistics on Australian homebuyers [news.com.au]

Penny D. Jackson