Kylie Minogue has bought a £16 million apartment in London.

The 'All The Lovers' hitmaker is moving into one of the most expensive apartment blocks in the world with boyfriend Andres Velencoso, according to the Daily Star newspaper.

The three bedroom property is part of the One Hyde Park development in the English capital's exclusive Knightsbridge district. Facilities on offer in the £500 million tower include a 21-metre swimming pool, a private cinema, saunas, gym and squash courts, and even a golf simulator. Their neighbours will include oil barons, Saudi royalty and other A-list stars.

Kylie, 42, spends most of her time in London when not on tour, although she returns to her native Australia to be with her parents at Christmas.

Insiders say the move for the '2 Hearts' singer may be the first Steps in her planning to settle down and start a family with male model Andres, who she has been dating since 2008.

She has previously said: "I do think about surrogacy and adoption and I would absolutely look into those options because children and family are very important to me. It's something in my mind."

Kylie has also recently confessed she considers retiring every time she finishes a tour, although after a few months she is always lured back to music.

She said: "Do I think of retiring? Absolutely. I say that at the end of every tour. And then something happens a few months down the line and I start thinking of songs and getting that itch. What can I say? I'm addicted."

It is not yet known when Kylie and Andres are planning to move to the new property.