Ignace Meuwissen recently closed a remarkable real estate deal in Paris, selling a 32-square-meter studio fully furnished as a dressing room and panic room for a staggering €2.3 million. The buyer is an East European oligarch who travels to Paris with his wife in their private jet. However, they faced customs issues, with the wife's jewels temporarily confiscated due to lack of accompanying invoices.
Meuwissen provided a solution by transforming the studio into an exclusive combination of a panic room and dressing room.
Situated on Avenue Montaigne, Paris, the studio underwent renovations costing approximately €700,000, with a selling price of €72,000 per square meter. Lloyd's insurance company, the buyer's client, mandated and overseen the upgrades.
An additional challenge for Meuwissen was Tamim bin Hamad Al Thani, the 37-year-old Emir of Qatar, who owned part of the building. Despite interest from the Qatari Emir himself, the studio's buyer, an oligarch from Kyrgyzstan, now benefits from the building's full security provided by Qatar's Emir.
The deal, completed in just three months, showcases Meuwissen's expertise in tailored solutions for high-profile clients in the luxury real estate market.
Source: De Rijkste Belgen