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French Buyer Acquires 18M Euro Palace

French Buyer Acquires 18M Euro Palace

The article highlights the sale process of a private castle in Noyelles-sur-Seine, which had been owned by the Moroccan royal family for many years. The castle, considered a unique landmark in the area, was sold for an amount ranging between 17 and 18 million euros, despite its initial listing at 20 million euros. Spanning an area of 1,325 square meters, the property includes nine bedrooms, sixteen main rooms, an elegant interior staircase, as well as sports and relaxation facilities. It is regarded as a masterpiece of classical architectural design with an exceptional location overlooking the Bois de Boulogne, near the Louis Vuitton Foundation, and in close proximity to the residence of the Moroccan ambassador and the Jordanian embassy. This sale comes after the royal family's decision to reduce its real estate holdings following the death of King Hassan II. Such transactions are rare, occurring roughly once every ten years, especially considering the property’s need for extensive renovations—making it a rare choice for wealthy buyers seeking luxurious and exceptional residences.

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