Property of US President. What Are the Barack Obama’s Mansions?


The largest US Web site for real estate appraisal have estimated the cost of the White House according to the current realities in the country’s property market. Main residence of US presidents is the most expensive residential real estate in the country.

Approximate price reached its incredible figures – $ 308,058,000. In the “mansion” with the area of 5110 square meters. m there are 132 rooms, including 16 bedrooms, 35 bathrooms, 3 kitchens. It is aconnected to a land area of 18 acres. experts estimate that if you take a standard loan to the “home” for 30 years with a fixed interest rate of 6% per annum with an initial contribution of 20%, the monthly payments on it will be $ 1.48 million. The annual salary of Barack Obama, by the way, is not more than $ 400 thousand. Thus, he can’t afford this “housing”.