Kanye West and Kim Kardashian West are reportedly set to pay $14 million for an apartment in Miami’s so-called billionaire beach bunker.
The 41-year-old rap star and Kim, 38 – who have kids North, five, Saint, three, and 11-month-old Chicago – have decided to part with the eye-watering sum to acquire an apartment in one of the city’s most eye-catching locations.
A source told the New York Post newspaper’s Page Six column: "Kim and Kanye have been spotted viewing the property in the last month, and they are now in contract to buy it for $14 million. The sale is expected to close in January."
Faena House, which is an 18-story luxury beachfront tower, is designed by the world-famous architect Norman Foster, who also masterminded the design of the Gherkin in London.
Kanye and Kim’s new property reportedly features four bedrooms and five 1/2-bathrooms, while their building is home to a private gym, a spa, a swimming pool and a concierge.
Meanwhile, Kris Jenner – Kim’s mother – reportedly spent as much as $500,000 on her Christmas Eve party.
The showbiz matriarch staged her annual December 24 bash at the Hidden Hills home of Kim and Kanye – and she spared no expense in making sure the family’s 200 guests had a great time, with an insider saying the event is crucial to the family’s "image"
A source explained: "The party needs to be eye-popping because it sets the tone for their empire – it creates a fantasy world and makes people want to tune in, so $500,000 is nothing for them.
"The grand spectacle of the party also helps sell Kylie [Jenner’s] make-up, Kim’s perfumes, and Khloe [Kardashian’s} jeans. It’s all about image."
Kanye West and Kim Kardashian West ‘to pay $14m for Miami apartment’
