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Home / Business

The world's most expensive house - Paris chateau sells for record $444m

Herald online
16 Dec, 2015 06:02 PM2 mins to read

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Chateau Louis XIV in France, the most expensive property in the world. Photo / Patrice Diaz, Creative Commons

Chateau Louis XIV in France, the most expensive property in the world. Photo / Patrice Diaz, Creative Commons

A Paris chateau built in honour of Louis the Great has become the most expensive property ever sold after going for a staggering NZ$444 million.

Located between Versailles and Marly-le-Roi on a 57 acre section, the Chateau Louis XIV may resemble a 17th Century estate but it was completed in 2011.

According to the Daily Mail the estate was sold to a Middle Eastern buyer.

The sale price has eclipsed a London penthouse which previously held the record after selling for $NZ326 million.

The property sold for NZ$444 million. Photo / Patrice Diaz, Creative Commons
The property sold for NZ$444 million. Photo / Patrice Diaz, Creative Commons
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The chateau features a ballroom, nightclub, wine cellar, squash court, home cinema and underwater room.

Marble has been featured heavily throughout, used on the floors, in the bathrooms and for a statue of Louis the Great. Murals like that in the Sistine Chapel adorn the walls and ceilings.

The property considered for a wedding venue for Kim Kardashian West and her husband Kanye West last year.

Kim and Kanye considered the venue for their wedding. Photo / Getty Images
Kim and Kanye considered the venue for their wedding. Photo / Getty Images

With the current average house price in Auckland sitting around $765,000, you could get around 580 homes for the price of the Paris chateau.

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While New Zealand might not boast properties of this value one of country's largest farms, Lochinver Station in the central North Island is a 13,843-hectare sheep and beef station and has a capital valuation of just over $70 million.

The property, situated on the Rangitaiki Plains between Taupo and Napier is a sheep and beef breeding, finishing and dairy support farm.

The station has three airstrips; 22 houses which accommodate the families of 20 permanent staff; a staff recreation centre; 91kms of pumice roads; six cattle yards; three woolsheds and multiple other farm buildings; a lake and a recreational hunting block.

Murals like that of the Sistine Chapel adorn the walls. Photo / Chateau Louis XIV
Murals like that of the Sistine Chapel adorn the walls. Photo / Chateau Louis XIV

New Zealanders wanting to get a slice of the opulent lifestyle can look towards the $35 million "chateau" up for grabs on Clifton Road in Takapuna.

Discover more

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Marketed as possibly "the finest private residence" throughout the country, it boasts a whopping nine bathrooms, five bedrooms and parking for eight cars. As well as three hidden panic rooms built-in to keep the occupants safe.

Marble has been featured heavily throughout the property. Photo / Chateau Louis XIV
Marble has been featured heavily throughout the property. Photo / Chateau Louis XIV

- nzherald.co.nz

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