The sale of a dilapidated and spacious country house in the French capital, Paris, in a public auction for the price of 35 million euros (about 38.6 million dollars), which caused great controversy among real estate sales. While some professionals in the field considered it too expensive, others considered it normal and said that the amount by which the house was sold was no exception.
The French "LCI" website, which reported the news, said that the price of the house can increase according to the laws of auction by auction, knowing that the increase is possible, but it is required that the new buyer pay an increase of not less than 10% of the current price within ten days , Bringing the new price in this case to 39 million euros (about 43 million dollars).
The website pointed out that the identity of the buyers was kept secret, while the French Press Agency stated that they are French people who do not belong to the "Realtors or Luxury Goods Merchants" department.
The sold house is located in a green protected area in the Paris 7 neighborhood, near the "Lisenvalade" in a desirable area in the suburb of Saint-Germain. It covers an area of 1500 square meters, and overlooks the previous apartment of fashion designer Yves Saint Laurent, surrounded by an area of one thousand square meters of land.
This abandoned building 30 years ago belonged to a Dutch company, and was sold as part of a bank mortgage procedure at an auction whose initial price was 6 million euros, before the final price reached almost six times that.
Real estate experts said that the price per square meter of luxury properties historically or architecturally in Paris ranges between 20 and 30 thousand euros, and that the buyer of the country house has to restore it at a high cost in order to restore the building to its original shape, according to the French newspaper "Les Echos".
Clotilde Berenguer, which runs two websites that specialize in selling luxury real estate, noted that 0.07% of real estate value exceeds 35 million euros, and that the proportion of real estate that amounts to 10 million constitutes 0.3%, noting that family apartments with a price of up to two million euros are many. , Given the price per square meter in Paris.