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Bella and Gigi Hadid’s dad’s forbidden construction is looking for new owners even though it will have to be reduced to rubble Mohamed Hadid is famous for building great architectural projects. Photo: Getty Images
The novel of Mohamed Hadid and his luxurious mansion of Bel-Air could have an unexpected end, when it was announced that the construction, which must be demolished in its entirety, was put recently up for sale in a desperate attempt by the tycoon to recoup some of the heavy investment he made.
According to the agent Jonathan Nash , who is in charge of the sale of the controversial mansion , the dad of Gigi and Bella Hadid expect to receive $ 8, 500, 000 dollars for her.
“We are looking for a conscientious buyer with the vision to build the house of your dreams or bring a new home to market under the proper guidelines, ”Nash said of the unfinished property of 30, 000 square feet of construction and located on a 1.2 acre lot.
Once the purchase is completed, the house must be demolished, as it does not have construction permits from the relevant authorities.
The property, marked with the number 901 of the Strada Vecchia Road , is considered an ideal opportunity for investors, since its real price would be around $ 50, , 000 of dollars.
Hadid’s problems began when she decided to build more square footage than allowed in her original architectural project. The house would originally be 15 thousand square feet and almost doubled in size.
Hadid’s action with the Bel Air Strada Vecchia , as the mansion is known , caused the annoyance of his neighbors, who argued that his mega construction represented a danger to their houses.
It transpired that the demolition of the residence would cost close to $ 5, 000, 000 of dollars.
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