Sunday, 28 April 2013

Swift $17 million mansion: Swift upgrades her digs with a $17 million cash deal

Swift $17 million mansion: Swift upgrades her digs with a $17 million cash deal, Taylor Swift – Can we borrow $17 million?

The Huffington Post reported April 27 that the 24-year-old American singer-songwriter dropped $17 million, in cash, to buy a Rhode Island mansion.

The “I Knew You Were Trouble” singer wired the money over to purchase the place immediately. Swift was reportedly looking at the $17 million mansion for a few weeks, but it appears the singer has some star negotiating power.

The 11,000-square-foot estate was originally listed for $20 million, but Swift ended up paying $17.75 million.

A beautiful oceanfront home, Swift’s new pad stands on 5.23 acres of land in the seaside village of Watch Hill, RI. The mansion has 8 bedrooms, 8 large fireplaces and a Pebble Tec outdoor pool.

Months prior to the purchase, Swift reportedly made almost $1 million profit from selling her Cape Cod-style home in Hyannis Port, Mass. near the Kennedy compound, after splitting with Conor Kennedy. She stayed in the mansion for only seven month while still in relationship with Kennedy

Swift’s purchase of the $17 million mansion is about half of what she grossed in 2011. According to Hollywoodlife.com., Swift brought in approximately $35 million in 2011.

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