Wednesday, August 19, 2009

Christie's to sell Yves Saint Laurent's Villa

Yves Saint Laurent’s Villa Mabrouka, or the House of Luck, is an oasis of exceptional quality perched on a cliff overlooking the coast of Andalusia and the Strait of Gibraltar. Imbued with Saint Laurent and Pierre Bergé’s refined aesthetic and sophisticated taste, this serene walled complex is being offered by Majorelle Investissement of Marrakech, with international marketing services provided by Christie’s Great Estates.
“Yves Saint Laurent’s Moroccan retreat—with its esteemed provenance, masterful execution, flawless condition, and originality is distinguished as being among the rarest of real estate offerings worldwide,” says Kay Coughlin, President & CEO of Christie’s Great Estates.
The sale, with almost 1200 works of art, is estimated to achieve between €3 million and €4 million. Contents from Villa Mabrouka are not included in the November sale.
Villa Mabrouka was owned by Sheika Fatima bint Fahd bin Salem Al Sabah of Kuwait before Yves Saint Laurent and Pierre Bergé purchased the property in 1998. The estate is located 5 minutes from downtown, next to the Kasbah, in a quiet and well-protected residential enclave accessible by car.

via Business Intelligence Middle East