added: 11 Nov 2012 // by: Music-News.com Newsdesk
Taylor Swift is contemplating moving to London, new reports suggest.
The 22-year-old star is said to have fallen in love with the city while promoting her new album, Red.
The country music darling already owns four homes in the US and is now looking to purchase a new property in Europe, RadarOnline reports.
'Taylor is looking into expanding her property portfolio in Europe and London is one of her preferred destinations,' a source told the website.
The insider noted while Taylor might not move to London permanently, a home in the city would be well-used when she's touring Europe.
Taylor reportedly has two multi-million dollar properties in country music capital Nashville, Tennessee.
She also owns a $3.55 million home in Beverly Hills.
Earlier this year it was revealed she bought a home in Hyannis Port, Massachusetts near ex-boyfriend Conor Kennedy.
The former couple split last month but are reportedly considering reconciliation.
According to the source, the singer's next purchase will be driven by financial practicality rather than a romantic whim. 'She's also realist who knows a successful pop career can sometimes be short-lived. She wants to invest the money that's pouring in from the amazing success of Red into real property,' the insider said.