LA real estate developer is offering home buyers a free supercar when they buy a $16.5 million mansion

A mansion with a side of Ashton Martin, Bentley or a McLean seems too good to be true, but not for this Los Angeles real estate developer who is enticing homebuyers to buy a multi-million dollar home with the price of a brand new car to get hold of .

Homebuyers interested in purchasing a $16.5 million Mulholland Drive Beverly Hills home by April 1 will also receive a 2023 Aston Martin Vantage, Aston Martin DBX 707, or McLaren GT Bentley Bentayga EWB if they can close the escrow by the end of the month.

The limited-time offer aims to circumvent the upcoming “mansion tax” – officially known as the ULA measure – which comes into effect on April 1, and start taxing luxury homes immediately.

Any home sold for more than $5 million is subject to a 4 percent sales tax, while anything over $10 million is taxed at 5.5 percent to fund the construction of affordable housing for the city’s homeless .

Agents like Tatiana Derovanessia and sellers have tried to find ways to avoid the tax, from splitting up properties with sales under $5 million to offering a luxury car to sweeten the deal.

Homebuyers interested in purchasing a $16.5 million home on Mulholland Drive (pictured) in Beverly Hills by April 1 can also get a 2023 Aston Martin Vantage, Aston Martin DBX 707, McLaren GT or a Bentley Bentayga EWB if they can close the escrow by the end of the month

The limited-time offer aims to circumvent the upcoming ‘mansion tax’ – officially known as Measure ULA – which comes into effect on April 1, and begin taxing luxury homes immediately (Image: Mulholland Drive home).

Any home sold for more than $5 million is subject to a 4 percent sales tax, while anything over $10 million is taxed at 5.5 percent to fund the construction of affordable housing for the city’s homeless (Image: Mulholland Drive Home).

“We wanted to come up with a marketing strategy that would make sense for the home that has this amazing 1,300 square foot underground auto gallery. So the buyer can choose one of those cars to put in the gallery,” Derovanessia told the Los Angeles Times of the Mulholland Drive mansion.

“You get a house and a car. It’s a double whammy.’

However, the promise of a luxury car is only valid until April 1st. Otherwise, buyers can buy the house but say goodbye to the free luxury car.

Famed cosmetic surgeon Paul Nassif finds himself in a similar situation. The new law would have forced Nassif to pay $1.54 million in transfer taxes on his $28 million Bel Air home, so the botched star has resorted to asking any agent who has it by April 1 successfully sell to offer a $1 million bonus.

Mark Wahlberg sold his Beverly Park home — believed to be in Los Angeles — for $55 million in February after listing it for $87.5 million. By lowering the price and selling it before April, Wahlberg managed to avoid a $3 million real estate transfer tax, according to the Times.

Other sellers are offering larger commissions to brokers to push properties to vulnerable buyers. Even popular real estate landmarks like Zillow and Redfin openly refer to Measure ULA.

Agents like Tatiana Derovanessia and sellers have tried to find ways to avoid the tax, from splitting up properties with sales under $5 million to offering a luxury car to sweeten the deal. She is offering a luxury car to the buyer of Mulholland Drive

Mark Wahlberg sold his Beverly Park home — believed to be in Los Angeles — for $55 million in February after listing it for $87.5 million. By lowering the price and selling it before April, Wahlberg managed to avoid the $3 million real estate transfer tax

Much like Derovanessia’s listing, which begins in capital letters: “ANNOUNCEMENT OF AN INCREDIBLE LIMITED TIME PURCHASE OFFER,” many are trying their best to circumvent the law.

“A lot of it is just marketing hype,” agent Billy Rose told the Los Angeles Times.

“It’s a terrible sight for our industry,” Anthony Marguleas of Amalfi Estates told the Times.

Despite the increase in listings for homes over $5 million, which have nearly doubled this year, the luxury home market is suffering from sales.

Fewer than 25 homes valued at over $5 million were sold this year, and only 22 were valued at over $10 million, according to the Los Angeles Times.

“I’ll do anything to sell,” an anonymous seller told the Times. “This market is a mess.”

But those who support the ULA measure, like Professor Peter Dreier – who worked with the drafters of the bill – say it’s ridiculous that agents and sellers are working so hard to get the properties sold before June 1.

“Multimillionaires are giving away luxury cars to get out of a tax that helps people sleep in their cars,” Dreier told the Times.