No where is leasing a beach house the norm than Malibu.
Each year companies and individuals – including the local celebrity clan – scramble to lease chunks of prime Malibu Real Estate for a relaxing summer on the beach!
With the cost of leasing these locations driving up and up there has been a new record breaker this year! An 11,000 square feet, 4 bedroom, 8 bathroom house in Malibu Colony can be leased for a staggering $150,000 per month! Not only is this amount a new record but there is a hefty two month security deposit and a minimum lease of two months!
The record breaking property is a Mediterranean style home with direct beach access. Naturally the property features luxurious furnishings and a great outlook over the Pacific Ocean.
With beach front leases on other properties ranging from the $70′s – $80k’s a month for the summer this property’s price is exceptional – however the trend has been moving toward six figure leases as Malibu beach front property becomes so sought after.
If you are considering buying a property in Malibu or would like more information on Malibu real estate please contact Judy Kunisaki on 310-317-8396.
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