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A French chateau for sale for... 425 million euros

A French chateau for sale for... 425 million euros

A French chateau for sale for... 425 million euros

In the northern partFrancefor salecastle, which once belonged to the King of Morocco, for an astronomical sum of 425 million euros. This is a record price forreal estateIn the country. Château de Gretz-Armainvilliers, located in the Seine-et-Marne region (Île-de-France), was built in the 19th century by the wealthy Rothschild family in the Anglo-Norman style. It includes 109 rooms, with a total area of 2,500 square meters, including 17 bedrooms.

The castle also comes with a stable that can accommodate 50 horses, as well as a vast plot of land covering 1000 hectares and a lake stretching 1 kilometer.

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It's no surprise that this elite property once belonged to King Hassan II, the father of the current King of Morocco, Mohammed VI. Although details about the property itself and potential buyers are shrouded in secrecy, independent Belgian real estate agent Ignace Mewissen, who works in Switzerland and is responsible for the sale of the castle, told "Paris Match" that the king significantly renovated the Moroccan-style residence.

The updates include:

  • European and Moroccan cuisines

  • Halls for receiving guests and hunting

  • Several elevators

  • Five relaxation rooms

  • Winter gardens

  • Beauty salon

  • Extensive medical complexwith a dental clinic, pharmacy, laboratory for tests, and offices for medical examinations

In addition, there are warehouses for products, cold storage rooms, and a system of underground "delivery" tunnels that prevent disturbances to residents during operation.housesMewissen, who specializes in selling real estate priced at 10 million euros and above, also participated in the "discreet sale" of this castle when the Moroccan royal family sold it for 200 million euros to an unknown buyer "from the Middle East" in 2008.

Some experts note that such a price is“absolutely unreal”Even in Île-de-France, where many luxury properties are concentrated, this incredible price seems extremely exorbitant. The top segment of this market is usually around 15 million euros, while the cost of the castle in28 times exceedsthis amount.

Stefan Aguero, the chairman of the Mercure group, a network specializing in the sale of locks, suggested that the price could be explained by the size of the plot, which might attract very wealthy individuals seeking complete privacy. However, three other real estate agents, who wished to remain anonymous, also came to the conclusion that this price...“completely inadequate”One of them stated that two years ago they were approached regarding this property at a lower price, but they declined due to the impracticality of the offer.

Another agent came to the conclusion that“It doesn’t make sense, it’s absurd.”The third person added that similar properties are usually listed for sale at prices in the range of20-30 million eurosOne of the experts even expressed doubt that the famous Château de Vaux-le-Vicomte could be realized for such an amount, as it is not for sale.

Another expert noted that if a deal at such a price level does go through, it can be assumed that SAFER (the agricultural finance company) will closely examine this deal, believing that it may inflate the value of the land. In recent years, next to this...real estateAnother similar property was put up for sale at a high price, but it was forced to accept a significantly lower price due to inspections by SAFER.

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