{"id":73,"date":"2017-10-17T13:42:20","date_gmt":"2017-10-17T12:42:20","guid":{"rendered":"http:\/\/www.britainsheritage.co.uk\/blog\/?p=73"},"modified":"2020-03-03T20:39:12","modified_gmt":"2020-03-03T20:39:12","slug":"pablo-picassos-restored-french-villa-sells-twice","status":"publish","type":"post","link":"https:\/\/www.britainsheritage.co.uk\/blog\/2017\/10\/17\/pablo-picassos-restored-french-villa-sells-twice\/","title":{"rendered":"Pablo Picasso&#8217;s Restored French Villa Sells Twice"},"content":{"rendered":"<h2 class=\"mol-para-with-font\">Restoration Took 2 Years<\/h2>\n<p class=\"mol-para-with-font\">Mas de Notre Dame de Vie in Mougins, on the\u00a0C\u00f4te d\u2019Azur was bought by the Spanish artist in 1961, and he lived and worked there until his death in 1973, aged 91.<\/p>\n<p class=\"mol-para-with-font\">The 15-bedroom property was left empty after the death of Picasso\u2019s wife, Jacqueline Roque, in 1986, but went up for auction on October 12th 2017 following a two-year refurbishment project, with bids starting at 20.2 million euros (\u00a318.7million). <a href=\"http:\/\/www.dailymail.co.uk\/news\/article-4972090\/Pablo-Picasso-s-beloved-French-villa-sale-today.html\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/p>\n<h2>Restored Original Fireplace<\/h2>\n<p>One of its living rooms leads out to a terrace with a fireplace, adjacent to the kitted-out kitchen with a utility, prepping kitchen, two cold storage areas, and a wine cellar with space for 5,000 bottles.<\/p>\n<p><a href=\"https:\/\/www.britainsheritage.co.uk\/blog\/wp-content\/uploads\/2017\/10\/Pablo-Picasso-Antique-Fireplace-Restoration-2017.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-74\" src=\"https:\/\/www.britainsheritage.co.uk\/blog\/wp-content\/uploads\/2017\/10\/Pablo-Picasso-Antique-Fireplace-Restoration-2017.jpg\" alt=\"Pablo Picasso Antique Fireplace Restoration 2017\" width=\"962\" height=\"561\" srcset=\"https:\/\/www.britainsheritage.co.uk\/blog\/wp-content\/uploads\/2017\/10\/Pablo-Picasso-Antique-Fireplace-Restoration-2017.jpg 962w, https:\/\/www.britainsheritage.co.uk\/blog\/wp-content\/uploads\/2017\/10\/Pablo-Picasso-Antique-Fireplace-Restoration-2017-300x175.jpg 300w, https:\/\/www.britainsheritage.co.uk\/blog\/wp-content\/uploads\/2017\/10\/Pablo-Picasso-Antique-Fireplace-Restoration-2017-768x448.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/a>Originally, the estate had 24 rooms, but the legendary artist extended several areas of the house to turn it into his dream home, including building a large studio with a terrace in the main building.<a class=\"\" href=\"https:\/\/www.r365.nl\/en\/house\/mougins\/picasso+house,+allee+des+cedres\/5960f25635e93d3c99b67e93\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">\u00a0<\/a><\/p>\n<h3>Property Sells At Auction &#8211; Twice &#8211; To The Same Man<\/h3>\n<div>There was only one bidder\u00a0in the courtroom in the southern French town of Grasse and his name is Rayo Withanage.<\/div>\n<div><\/div>\n<div>Mr. Withanage had bought the house\u00a0just four months before in <strong>June 2017<\/strong>, when it\u00a0sold at a previous auction for just over\u00a0\u20ac20 million, bidding up from \u20ac18.3 million.<\/div>\n<div><\/div>\n<div>After that sale, though, he failed to arrange financing and lost the house to the bank.<\/div>\n<div><\/div>\n<div>With a starting price of <strong>\u20ac20.2 million<\/strong>, and nobody else competing it was picked up on <strong>October 12th 2017<\/strong>, by Mr. Withanage again.<\/div>\n<div><\/div>\n<div>\n<p>Bank lawyer Maxime Van Rolleghem told AFP that the selling price was a disappointing bargain because \u201cit is worth at least \u20ac30 million.\u201d<\/p>\n<p>The long saga of the 15-bedroom property and three-hectare estate started long before the Spanish painter bought it, when for decades it belonged to the Anglo-Irish Guinness brewing family.<\/p>\n<p>Illustrious celebrities were frequent visitors, among them Winston Churchill, who liked to paint on the grounds of the sprawling villa.<\/p>\n<\/div>\n<div>\n<h3>Sophisticated Renovations<\/h3>\n<p>The property dates from the 18th century and has extensive views on the massif of Est\u00e9rel and the Bay of Cannes It&#8217;s composed of various dwellings and during the most recent remodeling was enlarged with a number of sophisticated additions.<\/p>\n<blockquote><p><strong> These included a renovated fireplace, new glass windows, a pool house, swimming pool, elevator, air conditioning, spa, garages, house for caretakers and various other annexes.<\/strong><\/p><\/blockquote>\n<p>The only original space from the Picasso period is the studio in the main house that the legendary artist had created by opening several spaces and which still bears traces of paint but none of his works.<\/p>\n<p><a href=\"https:\/\/www.britainsheritage.co.uk\/blog\/wp-content\/uploads\/2017\/10\/Pablo-Picasso-At-His-French-Villa.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-75\" src=\"https:\/\/www.britainsheritage.co.uk\/blog\/wp-content\/uploads\/2017\/10\/Pablo-Picasso-At-His-French-Villa.jpg\" alt=\"Pablo Picasso At His French Villa\" width=\"962\" height=\"635\" srcset=\"https:\/\/www.britainsheritage.co.uk\/blog\/wp-content\/uploads\/2017\/10\/Pablo-Picasso-At-His-French-Villa.jpg 962w, https:\/\/www.britainsheritage.co.uk\/blog\/wp-content\/uploads\/2017\/10\/Pablo-Picasso-At-His-French-Villa-300x198.jpg 300w, https:\/\/www.britainsheritage.co.uk\/blog\/wp-content\/uploads\/2017\/10\/Pablo-Picasso-At-His-French-Villa-768x507.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Restoration Took 2 Years Mas de Notre Dame de Vie in Mougins, on the\u00a0C\u00f4te d\u2019Azur was bought by the Spanish artist in 1961, and he lived and worked there until his death in 1973, aged 91. The 15-bedroom property was left empty after the death of Picasso\u2019s wife, Jacqueline Roque, in 1986, but went up &hellip; <a href=\"https:\/\/www.britainsheritage.co.uk\/blog\/2017\/10\/17\/pablo-picassos-restored-french-villa-sells-twice\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Pablo Picasso&#8217;s Restored French Villa Sells Twice&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":75,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,3,4],"tags":[6,10,7,11,9],"class_list":["post-73","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-antique-fireplace-restoration","category-edwardian-fireplace-restoration","category-fireplace-restoration-uk","category-victorian-fireplace-restoration","tag-fireplace-restoration-company-uk","tag-georgian-fireplace","tag-how-much-does-it-cost-to-restore-a-fireplace","tag-king-louis-fireplace","tag-louis-fireplace"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - 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