Germany’s most expensive villa: renovation costs at least 10 million | News

by time news

2023-12-07 14:04:54

“The graceful Alexandrinen Cottage is now a listed building and is waiting to be awakened from its slumber to new life,” says the online advertisement from the real estate agency “Engel & Völkers”. The price for the property in the seaside resort of Heiligendamm (Mecklenburg-Western Pomerania), built in 1841, will definitely wake up potential buyers from their deep sleep: 40 million euros!

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GERMANY’S MOST EXPENSIVE PROPERTY IS LOOKING FOR A NEW OWNER!

Bad Doberan (Mecklenburg-Western Pomerania) – For the proud sum, the future owner of the villa will receive 18 rooms on 1,484 square meters of living space, 4,449 square meters of land, a home with a sea view, a piece of history – and an extensive renovation project.

The 182-year-old building is now decrepit. Not only has the facade of the once radiant Alexandrian Cottage faded, but the interior also needs more than just love so that the ruin can become a new home.

“It is currently the most expensive villa in Germany. But it will cost at least 10 million euros to completely renovate the Alexandrinen Cottage,” says Dr. Christian Plöger, spokesman for the Jagdfeld family, which owns the property, told BILD. And further: “The decision to sell was made a long time ago. However, discreet marketing only began about four weeks ago.”

1905: Their Royal Highnesses Friedrich Franz IV of Mecklenburg Schwerin and Grand Duchess Alexandrine in front of the Alexandrinen House in Heiligendamm

Photo: imago/Becker&Bredel

A photo from 1870 shows the holiday home in all its splendor. The property is now run down and in desperate need of an overhaul

Photo: INTERFOTO

Inspired by the seaside resorts in 18th century England, Grand Duke Paul Friedrich of Mecklenburg-Schwerin had three cottages built as an extension of the seaside resort in the mid-19th century. According to the exposé, the Alexandrian Cottage (1841) is one of them. The special building was a gift from the Grand Duke to his wife – and was therefore named after Alexandrine of Prussia.

Today the villa and property belong to investor Anno August Jagdfeld (76, Hotel Adlon, Quartier 206 in Berlin). “The Alexandrinen Cottage has been in the family since it was purchased in the late 1990s. “Anno August Jagdfeld’s original plan was to prepare the cottage as a lodging house for his five children and eleven grandchildren,” the spokesman explains. “However, since they now have their own plans, he decided with a heavy heart to sell it. He himself moved into the neighboring Marien Cottage.”

The villa remained uninhabited and gradually withered into an abandoned ruin, a “lost place”. Nevertheless, it should still cost 40 million euros. How does it work?

Plöger to BILD: “The Alexandrinen Cottage is so valuable because of its unique location directly on the Baltic Sea and its history as the summer residence of the sister of the first German emperor. There is simply no villa comparable in location, appearance and significance that could still be bought today.”

The Alexandrinen Cottage currently belongs to real estate magnate Anno August Jagdfeld (76)

Photo: Werner Schuering / imagetrust

The Alexandrinen Cottage is considered a work of art combining architecture and nature

Photo: engelvoelkers.com

The location made the Alexandrian Cottage a gem

According to real estate agents, its most striking features are a “limitless” sea view and a “ exceptionally beautiful location“ at the southwestern tip of the romantic park. But anyone who takes a closer look at the “jewel” will see it as an abandoned ruin that has received far too little love and even less care over the years.

And even if you can no longer tell from the appearance of the cottage, time has left its mark, but it has not affected the substance of the villa. Dr. Plöger: “The substance is actually still relatively good. Of course, today’s demands require fundamental modernization.”

The current condition of the listed property is unlikely to dampen the desire to buy: “There are already several interested parties,” reveals Dr. Plöger. “It is the most noble and valuable villa on the Baltic Sea. Of course, due to the price situation, only a few buyers are eligible for this, in Germany around 200. Incidentally, the most expensive house this year was sold in London for 250 million pounds.”

A place of longing: the villa is nestled between the sea and the beech forest

Photo: engelvoelkers.com

If you look out of this bay window, you can see directly out to sea

Photo: engelvoelkers.com

Light-flooded hallways and 1,484 square meters of living space alone

Photo: engelvoelkers.com

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