Belfast Telegraph

Tuesday 24 May 2016

Robinsons sell US holiday home: First Minister loses £81,100 on family's luxury villa in the Florida sun


Published 24/02/2014

The swish home in Florida comes complete with swimming pool and games/theatre room
The swish home in Florida comes complete with swimming pool and games/theatre room

DUP leader Peter Robinson and his wife Iris have sold their luxurious Florida holiday home for almost $500,000.

The four-bedroom, four-bathroom villa in Orlando – which comes complete with a swimming pool – was listed on several US real estate websites as having sold recently for $455,000 (£273,350).

The Robinsons sold the property for $135,000 (£81,100) less than they bought it six years ago, and for $39,000 (£24,000) below the asking price, Sunday Life reported.

Agents for the 4,449 square-foot house in the Sunshine State said the palatial property had the "wow factor".

They said: "This home is nicknamed the crown jewel of homes... expect to be impressed.

"This immaculate and large executive pool home has extensive upgrades. This home feels like new with the owners rarely using the property."

Noting that the house is professionally decorated, prospective buyers were told: "The bonus upstairs is a game/theatre room so the family can enjoy making a lifetime of memories."

The area's large resort-style water complex, beautiful walks and tennis and baseball courts were also highlighted.

The Robinsons bought the holiday villa in an exclusive gated community near Orlando International Airport in June 2008, just months after it was built.

The $590,000 (£354,450) purchase was after the property crash had begun. But real estate prices continued to plummet further in Florida, which was among the states hardest hit in the recession.

At one stage the couple's holiday home was valued at around $380,000, but the Florida property market had shown signs of recovery before the Robinsons put it on the market.

As well as their home in Dundonald, the Robinsons also own a luxury £750,000 apartment in east London.

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