A castle for sale in Cap d’Antibes: the procedure is “exceptional, exceptional”. The Château de la Garoupe, visible from afar off Cap d’Antibes, had been confiscated in 2015 from Russian businessman Boris Berezovsky.
The sale is managed by the agency for the management and recovery of seized and confiscated assets (AGRASC), a public body dependent on the Ministry of Justice and Public Accounts. The funds from this sale will go to the State.
The call for applications will be launched from June 16 to July 17, 2023. A first decision on the admissibility of applications will be announced in mid-August. The AGRASC notary in charge of the sale must ensure, after an inquiry and investigations, the reliability of potential buyers. In a second step, if the application is accepted, visits will be organized for the candidates and price offers may be offered.
No price is set before the auction.
A luxury property on the Côte d’Azur
It’s about a mansion surrounded by five other buildings in a landscaped park of about 10 hectares with a swimming pool, a jacuzzi and a tennis court.
The Château de la Garoupe and the neighboring property of the bell tower had been confiscated by the courts, like the proceeds of an aggravated money laundering offense. French justice, requested by Russia, took more than 10 years to unravel this affair which concerns companies all over the world. It was necessary to trace the flows of money which allowed the acquisition for 8.4 million euros, via the company Sifi, of the castle in 1996, then the following year of the bell tower acquired for 13.5 million euros. .
The official press release
This real estate jewel of the “French Riviera”, built for an English Lord and through which Pablo Picasso, Cole Porter and Ernest Hemingway passed, represents an exceptional architectural and cultural heritage and its acquisition offers a unique opportunity to own a residence of prestige steeped in history in an enchanting setting, harmoniously combining Mediterranean charm and modernity. Its privileged location on the Cap d’Antibes makes it a rare opportunity for people looking for a prestigious residence, with a breathtaking panoramic view of the Mediterranean Sea. The property complex consists of:
– a mansion raised on a basement level, a ground floor and a first floor with attic with a living area of approximately 1300 m²
– five other buildings serving as outbuildings or living quarters, some of which are to be restored, totaling a floor area of more than 630 m²
– a landscaped park of about ten (10) hectares including in particular a swimming pool, a jacuzzi and a tennis court. The sale procedure in the form of a call for applications, entrusted to the notarial office CHEVREUX (Paris 8th), will take place in two phases: From June 16, 2023 and until July 17, 2023 at 12 p.m. (Paris time)
those interested in acquiring this unique property will have the opportunity to make themselves known by submitting a presentation file to the Agrasc notary.
The objective of this stage is to ensure the financial solidity of potential candidates and to guarantee a rigorous selection of future owners. Once Agrasc has reviewed and approved the applications, successful applicants will be provided with specific details of this property and invited to submit their offers from September 2023.
More info on chateaudelagaroupe.com
