The World’s Most Expensive Real Estate

expensive house

A record of five mega mansions were sold for over $100 million in 2014.

The clutch of super luxury homes represents the most properties over $US100 million ($127 million) to sell in a 12-month period, research by Christie’s International shows.

The luxury real estate agency put the result down to economic recovery and a “soaring stock market”.

The most expensive home sold in the world last year was an 18-hectare palatial spread in East Hampton in the United States.

Hedge fund mogul Barry Rosenstein purchased the waterfront property for $US147 million ($187 million), setting an American price record.

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