Julio Iglesias Pays $7M For A House In Miami
Singer Julio Iglesias has paid $7,000,000 for a 6,256-square-foot, Mediterranean-style house in the Indian Creek Village area of Miami.
He is planning to move there with his large family, while his new Spanish-style estate on his existing four-acre property is being built. Even though the fixed price for this very Indian Creek house was later reduced, there didn’t seem to be any potential buyers. Not finding a match, the 64-year-old singer decided to reconstruct the mansion. According to The Wall Street Journal:
Mr. Iglesias’s latest house, built in 1976, has four bedrooms and staff quarters on a 1.2-acre landscaped lot with 145 feet on the water. It was listed in August for $8.75 million.
Mr. Iglesias is now rebuilding his house, making it look like a real Spanish-style hacienda, which will be the home for the large family of the couple and their five kids born between 1997-2007, and, of course, the older kids, including singer Iglesias Junior.
As Big Time Listings reports, this property, which was supposed to be Iglesias only U.S. residence, is owned by his Somerville Corporation NV according to public records. Iglesias also has homes in Punta Cana, Dominican Republic and in southern Spain.
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