Cher could be all set to move to London. The iconic star is reported to have placed her Malibu home – worth around $45 million – on the market. The pop legend is also putting up for sale her three properties in Los Angeles, including a $1.8 million beach house in Venice and a $5.5 million condo in Hollywood, according to UK tabloid newspaper the Daily Mail.
The 66-year-old is apparently intent on making a move to London after the sale of her property portfolio. “Right now Cher has every property she owns on the market,” said a source. “The big rumor is that she’s moving to London while she finds a new LA home.”
Her home in Malibu is 13,000 square feet and covers 1.7 acres including an infinity pool, guest house and tennis courts, with the home itself featuring no less than seven bedrooms, a gymnasium, theater and nine bathrooms. The property is apparently being secretly looked at by qualified purchasers following its listing four years ago back in 2009 for $45 million, prior to being de-listed. Three years ago, back in 2010, Cher sold her home in Hawaii at auction for $8.7 million.
Cher is already in possession of a penthouse apartment in London’s Canary Wharf area and has recently revealed that she is intending to complete her new LP in the city, presumably following her relocation. Cher’s new album is not scheduled to be released until the autumn.