Karl Lagerfeld apartment in Paris sold for $10 million + live auction video
The Lagerfeld apartment on the Seine: luxury auction with live insight! Half a decade after the death of Karl Lagerfeld, the creative genius of the fashion world, his legendary Parisian apartment has found a new owner. The luxurious domicile, which once bore Lagerfeld’s unmistakable signature, became a new home for lovers of luxury and history in an auction. You have to see this auction, starting bid 5.3 $, in the end it was a whole 10 $ for this Parisian apartment.
A legendary designer apartment goes under the hammer
A collaboration with Sotheby’s turned the auction of this prestigious apartment into a spectacular event that interested parties around the world were able to witness live – you too, I have both parts of the auction for you below. The auction offered a rare glimpse into the world of high-end real estate auctions, a combination of excitement, elegance and financial potency.
The starting bid: 5.3 million euros for exclusive living space
The 260 square meter apartment, located in one of the most sought-after locations in Paris, started with a bid of 5.3 million euros. The impressive property, which sits enthroned with the Seine at its feet, not only embodies a piece of fashion history, but also the high value associated with such an address.
Small note, with my modeling agency I was allowed to work with the team in Paris in Karl’s last year. RIP! Now back to the auction.
Sales proceeds that exceeded all expectations
At the end of the exciting bidding war, the proceeds from the sale amounted to ten million euros – an amount that far exceeded initial expectations. This sale is a clear sign of the power of the Lagerfeld name and its influence on the value of a property.
Starting bid: 5.3 million dollars
Closing bid: 10 million dollars
Sold for $10 million: The apartment
Here you can see the apartment briefly, in a beautiful townhouse in the middle of Paris.
Live Auction @ Sotheby’s
The ability to watch the auction live opened a new door for the real estate industry, promoting transparency and global participation. This event highlights how modern technology and the prestige of days gone by can work in perfect harmony to create an unforgettable moment for the international real estate market.
Auction part 1
Auction part 2
Do you want a townhouse like this in Berlin?
In my off-market portfolio you will find treasures like this townhouse in Berlin.