The newspaper writes that the prices of castles in France fell by 20-25% during the year. Le Figaro.
According to the publication, the crisis in the real estate market did not bypass the old properties and residences, which lost up to 25 percent in value. At the same time, the prices of objects in the traditional real estate segment fell by 5-10%.
“Some property owners felt that castles, such as seaside real estate or exceptional properties in the city, would follow an inflationary trend. This is necessary to forget that the castle market is less liquid,” explained Olivier de Chabot-Tramekur, president of the Mercure group.
Mercure group reportedly sold more than a hundred locks in 2022 for an average price of €880,000. About 3% of the 40 thousand French castles are currently for sale.
Before that, The Guardian newspaper WroteMarie Antoinette’s private room, hidden behind a secret door in her bedroom at the royal palace at Versailles, has been reopened to visitors after a major overhaul.
Previously recognizedWhen oil prices drop to $50 a barrel.