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Americans see French châteaus as money makers. Turns out they're money pits.
The project was ultimately abandoned, and in 1996, a real estate company assumed ownership of the castle. [5] At that time, the property was valued at approximately ten million francs, [7] which is equivalent to nearly two million euros in 2016. Before the Nicholson family's acquisition [4] in 2002, [8] the castle had been owned by several ...
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However, a fire in 1932 destroyed most of the buildings in the castle, which then became abandoned. [ 2 ] [ 3 ] [ 4 ] In December 2017, a French startup organized a crowdfunding campaign site, and 27,190 people having to pay at least €50 each joined the cause, raising € 1,600,000, [ 2 ] to purchase the castle with the aim of preserving it.
The studio closed on 25 July 1985, [7] one year after Magne's suicide, Thibault and his team having been expelled by the liquidator of Michel Magne's estate. The château and its gardens were abandoned to squatters and overgrowth. In 2013, the château was put up for sale with an asking price of €1.29m, needing an estimated €300,000 of ...
awscyh/Flickr. Castles, chateaux, and mansions - these are displays of wealth and power usually reserved for kings and countesses, or at least old-timey movie stars.
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