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How To Find Child-Friendly Condos In Singapore

There is no doubt that Singapore is one of the best countries to be in not only in South East Asia but perhaps across the world too. It is one of the most developed countries of the world with one of the highest rates of per capita income. Hence it is a country which attracts many people from outside the country. They come here in search of better quality higher education while many of them also come in search of better job, business and career opportunities. Whenever a person migrates to Singapore finding a right accommodation is one of the prime needs. It would be always better to look for condos because of their obvious advantages and benefits. However, if you are moving in with children then there is a need to look for child-friendly condo Singapore. Over the next few lines we will try and look at a few such condos which are well and truly in favor of families with children.

There Are Quite A Few Options To Choose From

It would be pertinent to mention here that there are literally dozens of condominium options to choose from and quite a few of them have the best of facilities for accommodating children along with adults and elders. Here are a few of them which perhaps could be tried out. These are just a few examples and if one spends some quality time on the internet they will be able to come out dozens more.

The Hacienda On The East Coast – This is a wonderful place which has some of the best collection of child friendly condos. It is located in Hacienda Grove, Singapore 4576908 and is not very far off from MRT Station. It has 109 units in total and it has 2, 3 and 4 room condos ranging from 115 to 300 square meters.

Astrid Meadows: Astrid Meadows is also another wonderful place which could be chosen by those who are looking for quality condos which are friendly for those with children. It is located on Coronation Road and there are many condos which range from 1500 square feet to 2500 square feet. It is well located and not very far off from the various facilities and amenities needed for comfortable living.

Amaranda Gardens – Situated in the famous Serangoon Avenue in Singapore it is a sprawling housing complex with a big collection of condos of various sizes to suit specific needs and requirements of customers. There are a total of 189 units and many of them are available for rent. It has a number of features ranging from children’s pool, children’s adventure playground and much more. Therefore it is well and truly a great place to be in for those who have children to rear and take care of.

Woolerton Park: This is another worth mentioning complex which houses some of the best condominiums which are suitable for the entire family including children. It has the best of playground facility and 24 hour security. It is not very far off from Empress Road Market and Coronation Shopping Plaza.

As mentioned earlier, the above are just a few examples of the various condos suitable for children in more ways than one.

Should You Rent or Buy a Condo in Singapore?

When you are on the cusp of making a critical decision, such as buying or renting a condo in Singapore, many factors come into play. The burgeoning real estate industry on the island is a clear indicator of the ever-increasing number of folks scouting for living spaces. What, then, should you consider when in the catch-22 stance?

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Degree of Commitment

You might not be solidly sure of the neighborhood or the neighbors. Sometimes neighbors can be bothersome and pesky. Living in a condo for rent in Singapore instead of buying one gives you the freedom to move when you feel you don’t like the neighborhood. The moment your rental contract for the condo expires, you can move. In fact, any move before the expiration is possible, though you will (likely) forfeit your deposit.

Moreover, there are people whose life is somehow nomadic. To them, renting is a more viable option as it provides them the flexibility of relocating places and moving to different environments. For example, people whose professions entail a lot of international postings and travel.

Therefore, buying a condo as opposed to buying requires a high level of commitment, and should be done by people who are not likely to move every so often because the cost of buying and selling a condo is prohibitive. It is worse if you are financing the condominium with a loan, especially since you will incur a penalty for early repayment. And that is excluding the administration costs and agent fees involved. Worryingly, you may incur significant capital losses if you sell the condo property during a property slump.

That said, having a private condo to call your own comes with a beaucoup of benefits. There is that ineffable pride and prestige of being the owner of a high-end property. And, you also have the unfettered freedom to renovate it to reflect your whims and fancies, just as long as your pockets permit.

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The High Installment

The most practical concern for most prospective condo owners is the financial aspect of the whole thing. This is a huge financial commitment. Often, people spend the rest of their working lives paying off the mortgage.

But you will first have to come up with an installment, which in some cases is prohibitive. And in most of these cases, since it is a private property, you will get the mortgage financing from a private financial institution in Singapore. So, you will have to stump up a huge amount of cash for the down-payment. If there is no pre-existing home loan, the down-payment will be pegged at between 5% and 10% of the purchase price if the loan tenure is more than 30 years or extends beyond the age of 65. With a pre-existing loan, the down-payment shoots to 25% of the purchase price.

To many, especially younger people, raising the down-payment presents an insurmountable hurdle. Thus, renting becomes a lucrative option when looking for a place to live in, but do not have the requisite cash.

But there are people who can afford the cash to buy a condo, but have a more lucrative investment where they want to spend the cash instead of buying the condo. Consequently, they prefer to rent rather than buying. In such case, a person needs to carefully consider if the investment will fetch in bigger returns in the long-run more than buying the condo would.

Why Singapore Property is Hot

It is no surprise that Singapore tops among 189 countries in ease of doing business as per the report prepared by World Bank for the year 2015. Singapore is considered as one of the most expensive property markets in the world. The pace of the growth shows quite similar trends as seen during pre-economic-crisis period in the crisis ravaged countries. While some of the western property markets like London have witnesses only a little more than the double growth, the Singapore property prices have gone up by around 232%. The government of the country is trying to keep a check on the price levels at home. But, what are possible reasons behind this? Are foreign nationals considering it as an investment opportunity to park their money abroad? Is the interest rate too low to woo the buyers? Let’s find out!

 

Low capital gains tax attracts foreign nationals to invest in the properties

High capital gains tax can be pretty repealing for foreigners. Contrary to that, Singapore charges low capital gains tax. This attracts the foreign investors more than anything. The tax paid by the individuals from the foreign countries is one fourth of the investment made in the properties. This is the maximum as per the country’s tax rules.

 

US Federal Reserve has not hiked the interest rates

When US Federal Reserve hikes the interest rates, it impacts all the economies in the world. The Fed hasn’t increased the interest rates this time also citing the reasons as providing more opportunities for the insiders. This has further increased the demand for properties in the country unlike before.

 

The value of Singapore dollar has remained strong constantly

Price fluctuations can prove to be devastating for the buyers of the properties. It will be hard for them to speculate about the price in the long run. The value of Singapore dollar has remained stable for long. This has furthered the wish of the individuals to stick to their goal of buying properties as they have planned beforehand.

 

Subsidized mortgage as provided by the government works as an incentive for the property buyers

Most of the people, around 80 percent of the people in Singapore live in the social houses. This gives them a quality option as compared to other options and other high-end cities in the world. Working population of the country contribute around 20 percent of their salary in the national provident fund. They can use the provident fund money to subside their mortgage for buying properties.

 

Stable political conditions give security and attract people to the city

It is true that rich people especially highly rich people can buy properties in any countries. But after paying lump sum amount of money if you don’t get enough security there is no use of the money that you are paying. Regarding this aspect, Singapore is considered as one of the highly secured countries in the world.

 

Laws that give further freedom to investors

As per the laws of the Singapore, anybody can acquire non-land properties in the country which are free from holdings. This makes easy for the buyers to invest in the properties. This proves regulation as the main factor which woos the buyers and makes the Singapore property hot.

3 Luxury Homes that Should be Turned to Museums

If you love real estate you may want to see beautiful ones. This is the reason why we have written this article: to show you some incredible luxury properties that should be turned to museums.

Biltmore Mansion in Asheville, North Carolina

The Biltmore Mansion in Asheville, North Carolina is an incredible example of the Guilded Age. This stylish, ultra-beautiful mansion was built by George Washington Vanderbilt The Second in the sleek style of any chateau out there. This luxury property is so large – 175,000 square feet – that it has become the largest privately-owned mansion in America. It is no wonder why this chateau draws tons of visitors each and every year. With outstanding architecture, French gardens and English landscape, this mansion is a must-see for any art lover out there. You will see tons of turrets, pitched roofs and sculptural ornamentation all over this mansion. In addition, the entrance tower is awesome containing many windows that have beautiful architecture that will amaze you in no time. The house’s carved decorations show flowing tracery and trefoils as well.

Vizcaya in Miami, Florida

Vizcaya in Miami, Florida is another incredible luxury property that you want to see just to believe. There are both a private sculpture garden and Europan-inspired gardens with the whole mansion overlooking Biscayne Bay. You will see elaborate arches, decorative detail and classical colums room after room. The smooth marble floors tend to receive a splash colorful light from the stained glass doors, which is truly a spectacle for your eyes. Though the villa has a museum, we think that the whole property should be turned to a museum because of its beauty.You have to see this mansion to have a lot of fun and learn more about art. For instance, the estate has native woodland landscape and a historic compound of outbuildings.

Lyndhurst in Tarrytown, New York

The Lyndhurst in Tarrytown, New York has been built in the Gilded Age style and is placed on a small hill. The mansion features a lawn which stretches toward the Hudson River. In addition, the estate has a four-story tower and turrets, which are just a tribute to the architect that designed this mansion. If you visit this estate, you will see many narrow hallways leading to rooms full of pointed arched windows and vaulted ceilings. You can drop by this estate whenever you want as it is open to the public.

You won’t see a lot of rooms in this Gothic mansion. Another word about the ceilings. They are fantastically ornamented and peaked. The effect: a highly romantic and somber atmosphere. You will also observe that the art galerry offers an outstanding contrast of space and light, which is something memorable. The estate is located within a park. In fact, this park is the first one that has been made along the famous Hudson River. If you want to see an astonishing example of a 19th-century design for a landscape, you have to see this park right away.

We have talked about some incredible luxury properties that should be turned to museums, and you should pay a visit to some of them in your lifetime.

Best Places to Build you Castle

Castles were known to be one of the places history to defend the kingdom. Most kingdoms would invest heavily in castles, as they had to be strong while still maintaining their beauty. In the modern era, castles are built to reflect the beauty and class. In addition, these castles are build for various purposes. Some people would build castles for historic restoration, or simply just for beauty.

Moreover, most people will decide on buying a castle while others will settle on building one. Building a castle is not hard in case you have the funds. There are individuals or engineers who are specialized in such buildings. If you decide to build a castle, there are various places that you can build one. This article does not go into depth about building castles; however, it describes the 3 best places to build a castle.

At the shores

The shores are some of the most wonderful places to build a castle. Normally, even in the historic eras most castles were built close to the shores. This tradition has been carried forward for generations. As opposed to the historic times where castles were built near the shores for defensive purposes, today they are built on shores for different reasons. Normally, the beauty is the top priority for most people. This is because of the view that is normally achieved. It is a spectacular view. The designs are always beautiful as well to try to blend in with the terrain that comes with the shores. However, the sites are always higher than the shores. Furthermore, the climate surrounding most shores is a friendly climate. Most of these places are warm and are filled with cool breeze at night and sometimes during the day. Most shores are normally tourist destinations. Therefore, the lifestyle that revolves around these places is amazing. There are dozens of people including girls etc.

On higher ground

Normally the higher ground would be between mountains, or just on a higher field. These castles are always filled with a good surround. Just like the historic castles, these castles have a staircase path. They always have a good wall that surrounds the whole castle. Just as the castles built at the shores, these castles are chosen for their magnificent view. One reason why people decide to build them up high is the landscape. For instance, take a place like Switzerland, many tourists would always be around to complete that social life. Other places like Ireland, the UK, among other places are also viable locations.

Near towns

Another top place to build a castle is near a town. Most towns or cities are good places especially for those people who want to have quick access to the social amenities. Towns have a perfect landscape, the social life, among other things such as girls. Even in the ancient times, most castles were built just close to the town. In other words, there were businesses around the castle. Most kings loved the social life of drinking and being around women. Nowadays, the same thing is seen as most people build classic and executive castles near towns for social display or to hold events for instance the Playboy mansion, among others.

Conclusion

Most of the castles that were built in the ancient times are still standing. They are spread across the world. There are plenty of castles in the England, Ireland, France, Scotland, among others. if you check them out, they are all built on higher grounds to achieve the vantage of defense. They has quite space for surrounding businesses, had beautiful landscape such as the shore, or a beautiful tree plantation or grass field, etc. Nowadays, castles are built for purposes of beauty, class, and luxury. Overall, they are spectacular places and they are beautiful.

Singapore dream Condos and home designs

Singaporeans are perfectionists in building condominium homes; they always spruce them up making them look sophisticated. They always build dream homes. Below are a few captivating condominium home designs created by Singaporeans

 

  1. Upbeat funk

It’s a fantastic building whose ceilings have exposed wooden boards that give the building an unfinished feel. It has wine aficionados that make homeowners incorporate their crave for wine by stacking the wine bottles in several rows beneath the bar counter

  1. Chic elegance

This Is a traditional apartment that is luxurious in nature. Here the home owners have opted to use metallic color schemes in a clever way. The leather sofas are done up in rich shades of grey which contrast nicely with curtains that are bronze colored. To cap it off, a potted orchid is placed on top of the dining table adding a refreshing touch that balances the rich atmosphere inside the condo

  1. A simple touch

In simple terms, this contemporary home uses colors and shapes to add verves inside the living space. Inside the living room are gorgeous venetian blinds that have varying wooden tones; they exude vibes of understated elegance. When the dangling lighting plays with the curves and angles inside the hallway, it provides an interesting piece that metaphorically and visually brightens the room.

Singapore boasts of having the best condos in the world. The condos are elegant and renown celebrities flock in Singapore to look for the best condos;’ below are a few of them;

  1. The Ardmore park

This is amongst the most prestigious apartments in Singapore. It has luxurious interiors and first class facilities. It’s accessible to orchard supermarkets.Its a good Singapore Condo

  1. The Cairnhill crest

It’s located in Cairnhill district. It has very luxurious residential development that has 3 towers. These towers offer 1 to 4 bedroom units. It has a clubhouse that has been designed by a renowned architect by the name Norman Foster. It can be accessed through the orchard road

  1. The Draycott 8

Draycott 8 has 136 exclusive apartments, villas, lofts and pent houses. It also has 2 bedrooms inside the apartment apart from having loft units. Lofts are 2- storey duplex apartments that have a balcony located at the 1st floor. The pent houses and the villas are larger in size. All units are generously furnished with luxurious and exquisite fittings

  1. The Four seasons park

It’s amongst the best apartment in Singapore. It has got full condo facilities that include a green house and an indoor tennis court

  1. The Gallop green

It’s a huge spacious layout and has quality finishing. It has spacious storage apartments inside the kitchen. It has a basement car park and locker spaces for bicycles. The environment is quiet and serene

  1. The Garage residences

It has a top notched large kitchen. It has a huge layout. It has several units that face the swimming pool where the ground floor is more expensive. It’s in a great location and is situated adjacent to the Tanglin wall

  1. The Setia residences

At Setia residences, there are only single 4-bedroom units at every level. This apartment has a private lift lobby, a modern and large equipped kitchen. The whole apartment is fitted with luxurious, modern and top quality materials

  1. The boulevard residences

This is also one of the most prestigious condominiums in Singapore. It is located near the MRT station. Amenities and international school are close by.

Europe’s Most Beautiful Mansions

Europe has long been recognized for the quality of its architecture and the richness of its culture — on what other continent can you find towering castles and renowned museums intermingling with expansive vineyards and blossoming orchards? Europe’s regal past has inspired some modern-day royal ambitions in Europe’s wealthy upper class, from Germany and France down to Italy and over to the British Isles. These ambitions have resulted in some of the world’s most beautiful mansions and luxury condos — let’s take a brief look at a few of Europe’s finest domiciles.

  1. Henley Mansion

This mansion on the banks of the Thames is owned by a Russian billionaire and is home to a few of Europe’s most gorgeous swimming pools, flower gardens and golf courses. Rumors of its $220 million worth aren’t the only rumors to run rampant around this expansive property — the Henley mansion is the subject of frequent visits from paranormal enthusiasts seeking ghost encounters and stories of the spooky and scary.

  1. Kensington Palace Gardens

This British home is truly worthy of its palatial moniker. Its grounds are adorned with flowers of all different types and varieties, and in Spring the residence is surrounded by various shades of purple, red and yellow that would make even the most seasoned visitor gasp in wonder. Although it was bought recently by Lakshmi Mittal, a steel magnate and one of the wealthiest men in world history, Kensington is back on the market as of now. Sign me up!

  1. Updown Court

Located in the beautiful countryside of Surrey, England, Updown Court has truly astounding grounds (including a serene manmade lake in front of the main house). However, the real draw to this mansion are the amenities inside: Updown has numerous private theaters, tennis courts, bedrooms and swimming pools galore, not to mention several stables and garages for horses and Lamborghinis.

 

  1. One Hyde Park Penthouses

These penthouses are not a single mansion, but they are among the most expensive luxury condos in the world and often command price tags of around $200 million. The largest penthouse offers an unparalleled view of London’s largest park and several impressive amenities such as a private gym, an entertainment center, a swimming pool and an understated, classy personal study. If you’re not quite in the $200 million strata of wealth, fear not; smaller penthouses in the building can be purchased for a mere $20 to $30 million!

 

  1. Villa Leopolda

Russian billionaire Mikhail Prokhorov owns this beautiful home nestled deep in the French Riviera region. Often valued at half a billion dollars, Villa Leopolda is considered the most expensive home on the European mainland, and for good reason — King Leopold of Belgium spared no expense when constructing this mansion for himself in the early 20th century. With nineteen bedrooms and a massive garden and swimming pool on the grounds, Villa Leopolda needs a staff of hundreds just to keep up its pristine appearance! The Villa is truly the jewel of the Mediterranean, and perhaps the most beautiful mansion in Europe.

Top 5 Celebrity Mansions Around The World

Celebrities can afford to live in luxury. Often their homes are places that most can only dream of living in. Celebrity property around the world is often palatial and luxurious. Surprisingly or not so shocking, despite the grandeur of many celebrity homes, the luxury property is made to feel comfortable to live in. Following are the top 5 celebrity mansions around the world.

  1. Bill and Melinda Gates

 Medina, Washington

The billionaire computer genius and co-founder of Microsoft and his wife Melinda took 7 years to construct their dream home in Medina, Washington. The luxury property is valued at about $147.5 million. Set among natural woods and water that create an eco-friendly environment, the home, itself, is 66,000 square feet. Gates has dubbed it “Xanadu 2.0”. It was constructed using 500 year old Douglas Fir Trees and 1/3 of the builders were electricians installing the many IT spaces throughout the home and features including climate and lighting control in each room. The home has 24 bathrooms, a home theater, a reception hall that fits 200 people, a library and a trampoline room with a 20 foot ceiling. The property features a 900 square foot activities building, a guest house, boat docks, a sports court, a putting green and an artificial stream stocked with live fish. The sand along the water was imported from the Caribbean.

  1. Oprah Winfrey

 Montecito, California

The “Queen of All Media”, billionaire businesswoman and philanthropist owns this palatial luxury property in Montecito, California. The celebrity property is valued at approximately $85 million. Ms. Winfrey dubbed the property “The Promised Land Estate”. In recent years Ms. Winfrey has worked with designer, Rose Tarlow, to remodel the mansion from an ornate to more comfortable interior. The 23,000 square foot home features 10 fireplaces, 14 bathrooms, 6 bedroom suites and a theater. A separate building on the property functions as a “Tea House” and has rustic wooden accents. The serene 42 acre property has beautiful mountain views and an orchard.

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  1. Brad and Angelina Jolie-Pitt

 Château Miraval

The Jolie-Pitt family purchased this Provence, France 1200 acre estate that lies on an ancient Roman road and is valued at about $60 million. The 17th century estate features a working, prize winning vineyard, an olive grove, terraced hillsides, gardens with fountains and a private lake with a moat. Many of the buildings on the land are the original 17th century constructions which Mr. Pitt has diligently restored. Romanesque chapel remains on the property and the Jolie-Pitts were married there in 2014. The main house features 35 rooms including a spa, gym, home theater and video game room. The luxury property has 2 helipads, a pool and a dirt bike course. In the 1970s the French jazz pianist, Jacque Loussier, built a recording studio on the property where musicians including Pink Floyd, ACDC, Sting and Muse have recorded. The celebrity estate can even boast St. Thomas Aquines as a guest in the 13th century.

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  1. David and Victoria Beckham

 London, England

The Beckham family flat in the Kensington Chelsea neighborhood of London was purchased for £40 million. The four story mansion is well used by the Beckhams and their 4 children. Victoria worked with designer Kelly Hoppon to create a family friendly feel to the home. The 4 story flat features a 100 foot oriental garden leading to a work area for Victoria’s fashions, her study, a playroom for the children and a spa and gym on the lower floor. The ground floor has a family friendly living area, dining area and restaurant standard kitchen as well as Victoria’s office. The master bedroom and dressing room are on the 1st floor while the children’s rooms are on the 2nd. The 3rd floor has 3 guestrooms and a den for David including a bar and pool table.

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  1. Jerry and Jessica Seinfeld

 East Hampton, New York

The Seinfelds purchased this seaside celebrity property in the Hamptons from Billy Joel for $32 million. The scenic property features beautiful views, a guest house, a pool and a full sized baseball diamond. The home is decorated in a laid-back, family friendly style. The kitchen and sunroom are the center of the house and the Seinfelds have dubbed it “Party Central”. Guests can relax in front of the stone fireplace while they enjoy the comfort and serenity of the neutral toned home. The home has an indoor swimming pool and bowling alley. There is a 22 car garage to house Mr. Seinfeld’s classic cars.

 

Being a celebrity has its share of perks. Homes are a big part of a celebrity’s image. The top 5 celebrity properties around the world are luxurious and magnificent. While they have exciting and sometimes exotic features, they remain comfortable homes to the celebrities that own them.

Best Areas for Expats to Live in Singapore

The lifestyle of an expatriate determine where he would like to live. Also, the distance from the work place, the family, accessibilities and priorities are other considerations. There are 28 districts in Singapore which are categorised in to Central, East, West, North and South.

It is a tiresome task to hunt for an appealing Singapore property. You want a location with good food, malls, plenty of culture, scenic areas. The sites below get you started on your search:

Orchard

Orchard has so many outdoor locations despite being a quiet place. Many facilities are within reach in this leafy scene. Its position is central although the prices are slightly higher than other areas. There is an overabundance of shopping malls and this area is a buzz of activities. There are several restaurants, cinemas, hotels and beauty services

Holland Village

Holland Village has a great atmosphere, plenty of restaurants and other facilities. There is a shopping centre that has jewellery and fashion. There are many cafés, hawker centres, health and beauty outlets, restaurants and bars.

Novena

Novena is easily reachable through the Pan-Island Expressway. It is close to the city centre and the MRT with a great array of houses. You also find high-rise condos in this area. This area is lively and has restaurants, shops and seafood joints.

Robertson Quay and Mohammed Sultan Road

Robertson Quay and Mohammed Sultan Road is appealing to single Singapore expats who prefer the city life. There are restaurants, bars and a vibrant nightlife. There are massive residential areas on Mohammed Sultan. You further find condos in Singapore’s Robertson Quay that face the river.

West

Bukit Timah Nature Reserve

This area is convenient and has a great public transport system. The Canadian International School Is also close, and so are a number of condos in Singapore and detached houses. There are a number of shopping malls and bird parks.

Sentosa

There are many fashionable houses that are along the beach in Sentosa. There are also facilities such as a golf course, outstanding restaurants and countless entertaining activities. It also has one of the prime malls in Singapore-Vivo City.

Faber Park

Faber Park has spacious housing and a huge number of Singapore expats. It is a friendly neighbourhood which is accessible. There are parks in this area and an excellent sea view. Schools such as the Tanglin Trust School, UWC, Dover Court and ISS are in the area.

North

Woodlands

Woodlands has expansive housing that is also affordable. It is close to the Singapore American School and has a suburban feel. There are malls, cinemas and restaurants in this area.

Central

Thomson

Thomson Road has very nice parks and gardens. The houses are progressively cheaper towards the north and have huge spaces. Access to this location is through the Central Expressway.

Braddell

Braddell has alluring family houses that also have gardens. It neighbours the Australian International School and the French School of Singapore.

Serangoon

Serangoon is a quite area that has airy condos. It has an excellent public transport system like the Serangoon Bus Interchange and the Serangoon MRT station. It also has a number of good restaurants and has quick access to other parts of the island.

East

East Coast

Expats have been residents of the East Coast area for a long time. This location has roomy yet cheap condos in Singapore. There are many entertainment facilities, innumerable seafood restaurants and an invigorating sea breeze. It is close to Changi Airport and is easily served though the ECP and PIE motorways.

Katong

Katong allows Singapore expats to blend with the locals. It is a bright neighbourhood that has shop houses, intriguing shops, karaoke bars and local hawker stalls. There are other facilities at the East-point Mall and Parkway Parade shopping centre.

North-East

Seletar

Seletar has a wide selection of housing in this area. You also find houses with gardens here. This area is made-up of Upper Thomson locations such as the Lower Seletar Reservoir. It is also close to the American School and Seletar Airport, where you find chartered flights.

Bill Gates Mansion – Because too much is Never Enough

Bill Gates is the co-founder of Microsoft and is the world’s richest person. He is also an inventor, philanthropist, business magnate, investors and computer programmer. Gates has an estimated net worth of about $76 billion dollars. His wealth is so vast that he could literally buy most third world countries if they were up for sale. With this kind of wealth at his disposal, Gates has managed to build a 66,000 square-foot structure in Medina, Washington. This structure is not another company for Gates nor is it a building for doing business. This is Bill Gate’s luxury property and his home is considered one of the most expensive places to live in all of America.

In 1988 Gates purchased a lot for $2 million dollars in Medina, Washington near Lake Washington. This location was going to be the site of his new home. He then sanctioned the building of his house which took seven years to construct. His home was completed in 1995 and after it was finished he named the structure Xanadu 2.0 after the title character’s estate from the book Citizen Kane. His home cost $62 million to complete.

A total of 300 workers were needed to construct Gates home and the project was overseen by an architect named James Cutler. Two other architect firms were also involved in the process. The firms are Bohlin Cywinki Jackson and Cutler-Anderson of Bainbridge Island. At least 100 electricians were needed to wire the home. Gate’s home is now worth $154 million dollars. Every year he has to pay at least $1 million in property taxes.

From the outside Gate’s home looks like a huge wooden cabin that protrudes from a side of a mountain. Actually, most of Gate’s lodge styled home has been built into a hill. This is one reason why his house looks smaller on the outside than it actually is. Apparently, Gates wanted his mansion to have a rustic look and a cabin lodge effect. Do not be deceived by this design style. Gate’s home is a huge structure that would literally make a person’s jaw drop once they see it from the outside and from within.

 

Once again, Xanadu 2.0 (Gate’s home in case you forgot) is situated on the shore of Lake Washington. Since it does, it has a docking area that is set up on the shoreline of his estate. This docking area is able to accommodate a small fleet of boats and/or yachts. Gates created a small beach area that sits next to the docks. He imports sand from St. Lucia every year. The Caribbean sand helps to make his beachfront property more authentic in terms of being a real beachfront area.

There are a few garages that are built around the Xanadu 2.0. Reportedly, these garages can hold up to 23 cars all together. One garage could supposedly contain 10 vehicles alone. His driveways have heated floors. There is also a 60-foot swimming pool with an underwater music system. Sources claim that people can swim underneath the pool’s glass wall and come out into a terrace area. He has even built a 20 foot tall room that supposedly houses a trampoline. An activities building also sits out on his property as well. Gates had to have an artificial stream created to deal with rain and snow water from his property. This stream has also been stocked with fish.

His property also has a guest home that is similar to the main house. This guest home has 1 bedroom and 1 bath and it was the first structure built on his estate. Gate’s lived here while the rest of his home was being completed. He also has a 2,500 square-foot gym facility built on his property. His home is designed to use its natural surroundings to keep heat trapped inside. This feature saves him a lot of money on his heating and cooling costs.

The inside of Gate’s home is something to get excited about. When a person enters Gate’s home they are given pins that interact with sensors that are located all over the house. The pins can be used to control heat and to control music from the walls. The music will trail people as they move from one room to the next. Gate’s also uses monitors to display art but he has his system set up so that the pictures being displayed can instantly changed if a person desires to see something different. The pins can also be used to change the lighting within rooms as well. Gate’s has hidden cameras all throughout his home and even in the stone walls. This is for security purposes.

There is a reception hall in his house that is able to seat up to 200 guests. He has 24 bathrooms and 10 of those are full baths. There are six kitchens and he has fully stocked wine cellar. A personal library has been built into his home and it houses thousands of books. Gates also has a home theater that is able to seat 20 people and it comes complete with a popcorn machine.

The description given here is only a small sampling of Gate’s magnificent home. There is so much more that his house has to offer that it could literally fill up a book trying to describe it all. Ultimately, Bill Gates mansion is a home that reflects his status and his personal style.

 

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