While she was previously rumoured to be looking for a new home in Florida, Britney Spears has reportedly settled on a five-bedroom Mediterranean-style villa in Beverly Hills instead.

According to Star magazine, Britney paid $7.2million for the home which includes a swimming pool, library, home cinema and room for staff.

Britney moved out of her home in Malibu as soon as she filed for divorce from ex-husband Kevin Federline and the property is being sold as part of the divorce proceedings. Consequently, an inside source told the magazine that Britney wanted to move into the new home immediately and even bought all the previous owners’ furniture as part of the deal: “She asked the sellers to get out right away. So they moved to a hotel on 12 December.”

“Britney liked the house just as it was. She didn’t want to have to wait for new furniture to be brought in.”

Celebrity real estate agent Barbara Corcoran added: “Britney’s new house is a perfect party pad. It’s on the best street in the Summit Circle gated community, on a quiet cul-de-sac and it needs absolutely no work.”