Karl Lagerfeld’s Luxurious Parisian Apartment: A Record Sale Doubles the Purchase Price

2024-03-26 21:54:00

By David Contreras | Editor

Addicted to series about vampires and zombies, he knows everything about your favorite stars, with a slight preference for what happens across the Atlantic. Although he has the hot blood of the Spanish, he still maintains his very French humor and never shrinks from a well-intentioned play on words.

Karl Lagerfeld’s main residence has just been sold, more than five years after the death of the German fashion designer. A record sale for the former artistic director of Chanel since the purchase price is twice the sale price.

Karl Lagerfeld: His futuristic apartment in the heart of Paris sold for twice its price, for an insane amount

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It is an apartment that Karl Lagerfeld was particularly keen on since he made it his main residence. Nestled in the 7th arrondissement of the capital, at 17 quai Voltaire, the 260 m2 apartment of the former artistic director of Chanel is an exceptional property which has just found a buyer. Up for auction for a titanic price, the Parisian apartment of the German fashion designer, who died in February 2019 at the age of 85, was estimated at 5,300,000 euros during a sale led by Maître Bertrand Savour, of the Althemis office, March 26, 2024 at the Chamber of Commerce and Industry.

10 days for potential buyers to outbid

With a breathtaking view of the Seine, the Tuileries garden and the Louvre museum, the apartment where Karl Lagerfeld resided during the last years of his life was obviously very popular. However, the buyer, whose identity we do not know, will have to wait a little longer before savoring his acquisition. Indeed, as with any auction, there is now a ten-day deadline for anyone who would like to outbid on this already colossal offer. Finally to win the jackpot, it will now be necessary make an offer 10% higher than the amount reachedwhich would mean almost 11 million euros.

This is not the first time that Karl Lagerfeld has been talked about for a sale. In 2006, the fashion designer sold his sumptuous house on an increasingly popular coast to the famous businessman, Alain Afflelou.

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