Hard-up Greece sells house in London for £23.3m
Thursday 04 April 2013
Greece has sold the luxurious British home of its former consul for £23.3m in a bid to reduce its mountain of public debt.
The Hellenic Republic Asset Development Fund, the body tasked with raising £9bn from privatisations for the troubled eurozone country, confirmed that the 9-bedroom mansion in London’s sought-after Holland Park area had sold for £3.3m more than expected.
Diplomatic buildings in Nicosia, in Cyprus, Brussels and Belgrade have also been sold for a combined total of £11.5m.
The British property, which once acted as the consul’s official residence, boasts 8,271 sq ft of indoor space, in addition to expansive gardens. With eight reception rooms and two kitchens, the Grade II Victorian home is also perfect for entertaining.
The Hellenic Republic Asset Development Fund is still negotiating sales of shares in many state organisations and is seeking investors to lease 40 uninhabited islands over a period of 50 years to develop as tourist resorts.
- 1 Exclusive: Abusers using spyware apps to monitor partners reaches 'epidemic proportions'
- 2 Margaret Thatcher 'expressed fears of Asian rising' at Anglo-Irish summit in 1984
- 3 The 'Black Museum': After 150 years, public set to see exhibits from police’s grisly crime museum
- 4 The Unluckiest People of the Year 2014 (and one very unlucky giraffe)
- 5 Magna Carta will be 800 years old next year – the perfect reminder of the rights and freedoms we must hold dear
Exclusive: Abusers using spyware apps to monitor partners reaches 'epidemic proportions'
UK weather: Warning for more snow and ice as freezing temperatures and gales hit Britain
Margaret Thatcher 'expressed fears of Asian rising' at Anglo-Irish summit in 1984
UK weather: Travel chaos continues as King's Cross train delays add to snow on roads
The Unluckiest People of the Year 2014 (and one very unlucky giraffe)
British actor Idris Elba cannot star as James Bond because he is black, says shock jock Rush Limbaugh
Rozanne Duncan: Ukip expels councillor for 'jaw-dropping' comments made in BBC TV interview
Germany anti-Islam protests: 17,000 march on Dresden against 'Islamification of the West'
Ukip member gets into Christmas spirit with Union Flag plea to Santa 'for our country back'
Immigrants make UK racist, says Ukip councillor Trevor Shonk
BBC director Danny Cohen: Rising UK antisemitism makes me feel more uncomfortable than ever
Not specified: Selby Jennings: VP/SVP Credit Quant Top tier investment bank i...
£40000 - £43000 per annum + benefits: Ashdown Group: Senior Marketing Executiv...
£40000 - £43000 per annum + benefits: Ashdown Group: An international organisa...
£25000 - £30000 per annum: Ashdown Group: Internal Recruiter -Rugby, Warwicksh...