Seth Surya - who heads London’s Great Estates on New Bond Street - has achieved a record £50million from the sale of a large, detached house in Kensington, the biggest UK property sale of 2009.
The property was not advertised and has never entered the open market.
Surya declined to divulge the identity or nationality of the buyer of the house and said: "We have a private circle of global buyers including oligarch industrialists, Royal Family members, hedge fund managers and high-level business people, all looking to snap up a bargain."
Belgravia, Mayfair, Knightsbridge and Chelsea are the most popular London districts amongst his cash-rich buyers from Russia, USA, India, and Middle East.
London’s Great Estates has enjoyed a bumper season during the recession, with several other deals currently being finalised.
Surya said: "Overseas buyers can buy a house for virtually half the price they would have paid two years ago, which is helped by lower asking prices and a weak pound. I believe it is a great time for owners of high-end properties in London to sell and cash-out and a great time for international investors to buy and invest."
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