Kim Kardashian and Kanye West are backtracking after buying a Miami condo for $14 million about a month ago.
They reportedly decided to pull out of the deal at Miami’s Faena House in favour of property that was more “private and secluded”, writes TMZ.
The power couple are now said to be eyeing properties in the Bahamas and other more tropical locales.
They’re reportedly looking for property the whole family can enjoy, including kids North, five, Saint, three, and Chicago, one.
They will reportedly lose their $600 000 down payment for the condo at Faena House, dubbed the “Billionaire Beach Bunker”.
The 18-storey property that’s near the beach is home to, among others, Goldman Sachs tycoon Lloyd Blankfein and hedge-funder Ken Griffin.
Originally on the market for $15.5m, the Wests seem to have talked the price down to $14m.
One of the other reasons they reportedly backed out of the deal was because the condo, a Christmas present from Kanye to Kim, wasn’t secluded and private enough.
A TMZ source said, after Kim and Kanye were photographed kissing on the balcony of their new pad in early January, they realised the place wasn’t right for them.
The source said the Faena House condo, “lacked privacy for them and their family”.