World’s most expensive property sold for S$462m

Romesh Navaratnarajah18 Dec 2015

Most expensive property in the world

A French chateau located outside of Paris was sold for a stunning US$301 million (S$462 million), making it the most expensive property ever sold in the world, reported AsiaOne.

Dubbed Chateau Louis XIV, the mansion was built in the style of a 17th century home and completed in 2011, said Bloomberg, citing two sources with knowledge on the matter.

It was acquired by a Middle Eastern buyer who requested anonymity, and was brokered by Christie’s International Real Estate.

Nestled on a 23 hectare site between Mary-le-Roi and Versailles, the vast mansion features an underground nightclub, a lavish ballroom, a squash court, a cavernous wine cellar with space for 3,000 wine bottles, and a home cinema, revealed the Daily Mail.

The Telegraph added that the chateau boasts 10 bedroom suites, a library, a grand reception room with a 52ft-high frescoed dome ceiling, and a ‘meditation room’ within a sturgeon-filled aquarium.

It noted that the mansion was built on a site which once housed the Swiss Guards that ensured the protection of Louis XIV, France’s king from 1643 till his death. The estate also comes with a 1.2 mile maze and a three quarter-sized replica of the Chateau de Versailles’ fountain of Apollo, the statues of which are covered in gold leaf.

The luxury property is heavily guarded with a hi-tech alarm system and 40 state-of-the-art surveillance cameras that can be viewed from across the world via an iPad.

Image source: Daily Mail Online

 

Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories email romesh@propertyguru.com.sg

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