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$443,000 per month rental home one of the world’s most expensive

The world’s most expensive rent, probably, will get you 12 bedrooms, 23 bathrooms, a bowling alley, a 50-seat movie theatre, disco, 24-car garage, and vineyard that produces its own wine.

Palazzo di Amore in Beverly Hills, California is up for rent at A$433,000 per month.
Palazzo di Amore in Beverly Hills, California is up for rent at A$433,000 per month.

You wouldn’t know there’s any such things as a housing or cost of living crisis when looking at the rent wanted for this high, high, high end home.

It might be one of the world’s premier estates in one of the world’s premier locations but $US295,000 ($A433,260) per month is a hell of a lot of loot for anyone.

Palazzo di Amore in Beverly Hills, California.
Palazzo di Amore in Beverly Hills, California.

That’s more than 100 times the average monthly salary in Australia and works out to being $14,500 a day or $600 an hour.

But, believe it or not, that is the rent for this incredible Beverly Hills house that sits on around 25 acres and features 12 bedrooms, 23 bathrooms, a bowling alley, a 50-seat movie theatre, disco, a 24-car garage, a vineyard that produces its own wine, views of downtown Los Angeles and the Pacific Ocean beyond and parking for more than 150 cars on its grounds.

Palazzo di Amore was once claimed to be the most expensive residential complex in the US, when it was listed in 2014 for $US195m.

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It’s up for rent for $422, 260 a month.
It’s up for rent for $422, 260 a month.
The property was once listed for sale for $195m.
The property was once listed for sale for $195m.
If it only had a Coles Express, it would have just about everything.
If it only had a Coles Express, it would have just about everything.

That price guide was later revised to US$129m, when it hit the market again in 2017.

It bought by real estate billionaire Jeff Greene and developer Mohamed Hadid, the father of super models Gigi and Bella Hadid was involved in renovation works.

However it appears Greene has been unable to offload the home, hence its for lease listing.

The home is being rented out via Million Dollar Listing: LA agent Josh Flagg.

The 10,000 bottle win cellar. Picture: Marc Angeles Supplied: Coldwell Banker Previews International
The 10,000 bottle win cellar. Picture: Marc Angeles Supplied: Coldwell Banker Previews International

“Palazzo di Amore is an unrivalled palatial estate offering the utmost security and prestige,” the listing reads.

$600 per hour for this. Picture: Marc Angeles Supplied: Coldwell Banker Previews International
$600 per hour for this. Picture: Marc Angeles Supplied: Coldwell Banker Previews International
This staircase itself is probably bigger than most Aussie unit rentals.
This staircase itself is probably bigger than most Aussie unit rentals.

“Enter through the gates and drive up the private driveway to the enchanted Mediterranean villa which is situated on approximately 25 lush acres.

Gigi, Bella, Mohamed and Anwar Hadid in an undated photo. Picture: Supplied
Gigi, Bella, Mohamed and Anwar Hadid in an undated photo. Picture: Supplied
A Mediterranean marvel. Picture: Marc Angeles Supplied: Coldwell Banker Previews International
A Mediterranean marvel. Picture: Marc Angeles Supplied: Coldwell Banker Previews International
Have your own movie premier. Picture: Marc Angeles Supplied: Coldwell Banker Previews International
Have your own movie premier. Picture: Marc Angeles Supplied: Coldwell Banker Previews International
The Hilton or your home, or Paris Hilton’s home?
The Hilton or your home, or Paris Hilton’s home?

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“The property is suited for royalty, featuring a grand marble foyer with double staircases, city views and state of the art amenities such as: wine tasting room, grand chef’s kitchen, approx. 10,000-bottle temp controlled wine storage, large tasting room, unrivalled master suite, Moroccan retreat, Turkish-style spa, pool, tennis court & pavilion, reflecting pool, fountain, state-of-the-art entertainment complex with stage, theatre, ballroom, and bowling alley.

The home has been put up for lease via Million Dollar Listing Los Angeles star and realtor Josh Flagg.
The home has been put up for lease via Million Dollar Listing Los Angeles star and realtor Josh Flagg.

“Entertain in luxury, for the most discerning client. Available fully furnished for immediate occupancy, and short term lease available.”

Originally published as $443,000 per month rental home one of the world’s most expensive

Original URL: https://www.news.com.au/finance/real-estate/443000-per-month-rental-home-one-of-the-worlds-most-expensive/news-story/0a90a1e2afe79d2a1f548b32242a6715