Taylor Swift buys $17 million oceanfront property in cash

Taylor Swift has proven she’s a force in the industry as she shelled out a whopping $17 million on a new mansion.

The Red singer, 23, was spotted house hunting with her family a coupe weeks back and it’s now being reported that she bought a Rhode Island home in cash. It was originally on the market for $20 million but she got it for $17.75 million.

AceShowBiz reports that the home is 11,000 square feet and has 8 bedrooms and 10 and a half bathrooms. It’s an oceanfront property that was built in 1930.

Swift has been pegged in the press for buying houses next to whoever she’s dating at that moment in time. When she was dating Conor Kennedy, she bought a house across the street from his in Hyannis Port, Massachusetts for almost $5 million but when they broke up, she sold it and made a $1 million profit.

In March, she told Vanity Fair "People say that about me, that I apparently buy houses near every boy I like -that's a thing that I apparently do. If I like you I will apparently buy up the real-estate market just to freak you out so you leave me.”

She was also rumored to be looking into buying a house in England when she was dating Harry Styles. “People say that I'm buying houses all the time that I'm not buying. It's like every time the press thinks I like a guy they say I am buying a house next to them," she said.

TMZ reports that Swift was first spotted at the property, which sits on 5.3 acres, on April 15. Once she decided to make an offer, she quickly wired over the money and the movers were seen there shortly after.

image: INF Daily

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