Does Donald Trump (74) have money worries? Or does he just want to make a big real estate profit?
The ex-president’s family business has put a seaside villa on the market in Palm Beach, Florida. A proud price for the property with the sonorous address “1125 S. Ocean Boulevard”: 49 million dollars. That is the equivalent of around 40.5 million euros!
The property is right next to Trump’s first residence, the Mar-a-Lago Club. The buyer would have access to full membership in Trump’s elite golf club – a privilege the former US president offers all of his immediate neighbors.
The villa is – atypical for Trump, who likes to decorate his luxury skyscrapers with gold leaf and a lot of pomp – completely in white. But: The interior design fully corresponds to his “America first” motto. According to brokers, the Trumps furnished the living room with works of art that have the US flag as their theme.
Flooded with natural light, the property offers breathtaking views of Palm Beach and the Atlantic Ocean. The villa itself has a living space of a whopping 1000 square meters, with eight bedrooms and nine bathrooms.
It has its own library, a winter garden, several balconies and a pool. The best thing about the property, however, is a 30-meter-long beach that is virtually inaccessible to the public.
The Trump Organization bought the two-story house, built in 1956, just under three years ago under the leadership of Trump’s eldest sons Donald Jr. (43) and Eric (38). At that time “snapper price”: 18.5 million dollars or 15.3 million euros.
Should the Trumps get the full price, this would be a whopping 25 million euros in just three years.
In the US, meanwhile, there has long been fierce speculation as to whether Trump could be in financial worries. On the one hand, payments to his lawyers in the tens of millions are waiting for him. On the other hand, the business magazine “Forbes” reported that in the next four years, almost a billion dollars in loan payments due will come to Trump’s company.
In addition, several of his hotels and golf clubs from Chicago to Miami are said to have got into trouble during his presidency and the corona pandemic.
On the other hand, his eldest daughter Ivanka (39) and her husband Jared Kushner (40) have just moved from Washington, DC to Miami. They bought a piece of building land there on the exclusive and highly secured “Indian Creek” island, nicknamed “Billionaire’s Bunker”. Price: $ 30 million.
That doesn’t sound like bankruptcy.
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