Skilled stonemasons are hard to find, but they’re essential for a project like this—an ambitious restoration that will take up to a decade. The new owners are on a mission to bring back lost craftsmanship and rebuild history the right way.
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Skilled stonemasons are hard to find, but they’re essential for a project like this—an ambitious restoration that will take up to a decade. The new owners are on a mission to bring back lost craftsmanship and rebuild history the right way.
With its fjord-like bays, luxury marinas, and a growing reputation as “the next French Riviera”, Montenegro is a top destination for real estate investment. It’s unique citizenship-by-investment program is still available for a limited time.
The real estate market in Italy has its uniqueness, and slow, Italian charm. It can be very different to what foreign buyers are used to. We sat down with with Cameron Avery of Prestige Properties Italy to discuss what the process is actually like, and the unique opportunities that exist right now in Italy’s “buyers market”.
The property was put on the market in 2014 and despite multiple price reductions (from €55M to €25M) and a promotional video narrated by Douglas himself released in 2019, there were no serious offers. As of May 2020, the property has been taken off the market.
At the time it was listed, Wildenstein was facing up to 2 years in prison and a substantial fine for an alleged $600M inheritance fraud, considered one of the biggest tax fraud trials ever held in France. He was cleared of all charges - twice - but its a cautionary tale of French inheritance laws.