For auction: One Vienna palace
Palace, anyone?
There's nothing like a little looky-looing to set the tone for a long weekend. But if your schedule won't allow for a jaunt to Vienna, then take a quick peek here at the 300-year-old Palais Auersperg.
Located in the middle of town, the Baroque palace is near museums and the opera, has a view of the Parliament building and includes its own park.
A picture being worth a thousand words, on amenities let's just say: yes. No firm price is set, but 33 million euros is suggested as a point of reference. A quick conversion on a calculator clocks that at more than $48 million.
In a buying mood? Don't worry about getting the paperwork from afar and translating forms. According to Stiller & Hohla Immobilien -- Real Estate, "a precisely structured bidding process" will put investors around the world on equal footing to snap it up.
-- Lauren Beale
Your thoughts? Comments?
Photos: Courtesy of Stiller & Hohla Immobilien --Real Estate




If only I were a homeowner and could take out a HELOC to buy a second home. Oh well, a boy can dream.
Posted by: Todd in WeHo | August 29, 2008 at 09:50 AM
Yes I have a bid
$3
It will cost 200MM to restore it and upkeep for the next 40 years
morons
Posted by: Jack | August 29, 2008 at 10:10 AM
Oh Puh-leeeeeze...
We have the Realestalker for posts like this.
Posted by: E | August 29, 2008 at 10:16 AM
I thought this blog had to do with Los Angeles real estate market, not some expensive real estate in another country that no one that posts on this blog could even imagine to afford?
Just saying...
Posted by: dclogang | August 29, 2008 at 10:37 AM
I might think about it, but with the price of even the lowest grade jet fuel so expensive these days, I am not breaking my piggy bank unless I am convinced that it's absolutely a great deal.
Does it come with a hereditary title?
Posted by: MyIrrelevantBeef | August 29, 2008 at 10:53 AM
This is "LA Land" -- not "Vienna Land." Why the unneccessary posting about a $48 million mansion in a different country? There's no relevance here.
Posted by: Chris Finley | August 29, 2008 at 12:19 PM
Blame this post on those damn Austrian economists.
Posted by: Uncle Billy Reminisces | August 29, 2008 at 01:55 PM