Sold luxury apartment in London: - Bid war

Borsen

by Jesper Nordahl Finsveen
Aug. 26, 2021

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The luxury apartment was put up for sale in August last year, but the pandemic made the sale difficult. After reducing the price, John Carew has now sold the apartment.

SOLD: John Carew has sold a luxury apartment in Battersea in London.  The price estimate was 2.2 million pounds, over 26 million Norwegian kroner.  Photo: Nest Seekers International
 

SOLD: John Carew has sold a luxury apartment in Battersea in London. The price estimate was 2.2 million pounds, over 26 million Norwegian kroner. Photo: Nest Seekers International

Three shutdowns and a pandemic that made views impossible made the sale of John Carew's luxury apartment a time-consuming affair.

But now the former Rosenborg, Valencia and Aston Villa pro has finally sold his luxury apartment in fashionable Battersea in London.

In the end, Carew had to reduce the price estimate from 2.5 million pounds to 2.2 million pounds, which corresponds to about 26.7 million kroner, reports Dagens Næringsliv .

 

 

LARGE: The apartment is 180 square meters and has three bedrooms and three bathrooms.  Photo: Nest Seekers International

LARGE: The apartment is 180 square meters and has three bedrooms and three bathrooms. Photo: Nest Seekers International

Broker: Became bidding war

Norwegian Ali Al Musawi, real estate agent for international and high-profile Nest Seekers International, was responsible for the sale.- We could have received 2.5 million pounds or more if covid was not a problem, but now we had found a buyer with the financial in order, says Al Musawi to Dagens Næringsliv.

Al Musawi tells Dagbladet's Børsen that despite the pandemic, there has been great interest in Carew's luxury apartment after the price suggestion was reduced.

- It was also the reason why there was a bidding war for the apartment between five, six potential buyers, says the broker to Børsen.

He does not want to go into details about the final sum.

- But both the buyer and Carew are satisfied. Had they not been, there would have been no sale.

VIEWS: The apartment's two balconies overlook the Thames in London.  Photo: Nest Seekers International

VIEWS: The apartment's two balconies overlook the Thames in London. Photo: Nest Seekers International

Profiled brokerage house

The apartment is 181 square meters large, has three bedrooms, three bathrooms and two balconies. Balconies offer views of the iconic River Thames.

- I have sold many luxury apartments, and none of them have a view like this. As soon as I went into it, I knew I wanted the assignment, says Al Musawi to Dagens Næringsliv.

He now describes the exclusive real estate market in London as very attractive.

- I just put out another apartment in the ten million class, and it was sold in just seven days. With a weak pound, Brexit and the pandemic, it is beneficial for those with good advice to buy exclusive apartments now, says Al Musawi.

The company he works for has offices in some of the most iconic areas and cities in the world. The company is known through several TV series, including Million Dollar Beach House on Netflix and Million Dollar Listing New York, which has aired on Norwegian TV 2.

BROKER: Norwegian Ali Al Musawi was responsible for the sale.  He works for the brokerage house's London office.  Photo: Nest Seekers International

BROKER: Norwegian Ali Al Musawi was responsible for the sale. He works for the brokerage house's London office. Photo: Nest Seekers International

Al Musawi himself works for Nest Seekers' London office. He got in touch with Carew precisely through a real estate agent in Norway.

Success with real estate

After Carew resigned as a football player, he has had great success with the purchase and sale of real estate.

Among other things, Carew made good money on an apartment building in Bygdøy allé on Frogner, which Carew sold for NOK 120 million in 2016. The former football player is said to have been left with a gain of somewhere between NOK 50 million and NOK 60 million, according to Dagens Næringsliv.

In June, it became known that Carew is being investigated by Økokrim, and is suspected of gross tax evasion.

Carew is suspected of having provided incorrect information in his tax return in that it did not disclose income and assets abroad. He is also suspected of having given incorrect information about his income and wealth in Norway.

"John is desperate and very unhappy and understands nothing, " Carew's longtime agent and business partner Per A. Flod told Børsen when the investigation became known.

Carew himself denies having evaded taxes.



Ali Khadir Ali Khadir
Head Of Sales