Home Property Oligarch pledges to rebuild £25m London home after fire  

Oligarch pledges to rebuild £25m London home after fire  

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8th Jan 13 2:07 pm

Russian oligarch, Omar Murtuzaliev, flew to London today to restore his dream £23m London home after it burnt down.

The Bayswater mansion burnt down just months before Murtuzaliev was due to move into the six-storey property.

The fire started in the basement and burnt through the rest of the house, visibly charring the outside of the house.  

Close neighbours in the upmarket west London area include the Duchess of Cornwall’s son Tom Parker Bowles and his family, who were reportedly evacuated from their home on Saturday after the blaze broke out.

Some 60 firemen were on sit to battle the blaze.

According to Murtuzaliev’s official spokesman, part of the Palace Court mansion was purchased as a flat for Murtuzaliev’s children but was later expanded into a mega 10-bedroom family home.

The property featured an expanded basement, kitted out with a pool, sauna, cinema, ballroom, 7.5-tonne aquarium and wine cellar and was designed in an “Arabic style… with mosaics and gold dripping everywhere.”

It is now expected that reconstruction will take several years and will see the house reach a potential value of £40m to £50m, the spokesman said.  

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