The Weeknd lost $3 million in the sale of his Los Angeles apartment

REAL ESTATE – The Canadian star had been looking to sell his penthouse offering an exceptional panoramic view for two years

The Weeknd had been looking to sell his luxury apartment in Los Angeles (USA) for two years. The extraordinary property with an area of ​​750 m² finally found a buyer, but not at the price the Canadian star thought he could claim. The buyer of the penthouse has indeed paid 18 million dollars (or 16.6 million euros) for the accommodation that the singer had acquired for 21 million dollars, or approximately 19.5 million euros, four years more early, reports the real estate site Robb Report.

This loss of 3 million dollars, that is to say nearly 2.8 million euros, constitutes a discount of 20% on the initial price that The Weeknd intended to draw from the sale of its exceptional property. However, this is not a situation never seen before since the marketing prices of luxury apartments in the Californian city are very often higher than the price at which the real estate transaction is finally concluded.

A breathtaking panorama

Located on the 18th floor of the Beverly West building, in the Westwood district, the apartment offers a rare 360 ​​degree view of the entire city of Los Angeles, the Pacific Ocean and the Santa Monica Mountains. To be able to make the most of it, it is equipped with huge floor-to-ceiling windows. The accommodation c(…) Read more at 20minutes

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