Categories: Business

Sold off, it didn't find a buyer: why Johnny Hallyday's villa has still not been sold, 7 years after his death ?

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The singer passed away on December 5, 2017. EPA – IAN LANGSDON

The villa in Marnes-la-Coquette, where singer Johnny Hallyday died seven years ago to the day, has ended up being withdrawn from sale, due to a lack of a buyer.

Seven years after Johnny Hallyday's death, his residence in Marnes-la-Coquette still has not found a buyer, reports Le Parisien. It was in his villa Savannah, a property of nearly 1,100 m2, that he had acquired with Læticia Hallyday in 1999 that the singer died on December 5, 2017.

Withdrawn from sale

“For six months we no longer have the mandate, and, to my knowledge, the house has been withdrawn from sale”, explained to Parisien Nicolas Hug, associate director of the real estate agency Philippe Menager & Nicolas Hug, in charge of selling the house for a year and a half.

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Since 2018, the date Læticia Hallyday put the property up for sale, several agents have tried in vain to find a buyer. For seven years, the price of the house has continued to fall, from 26 million euros to 10.5 million euros, without finding a buyer.

A phenomenon linked to “media attention and pressure” which “were a real problem and put off several buyers who could have paid a very good price”, according to Nicolas Hug, who adds that the price desired by the sellers “was not in line with the market”. Which could also explain why the property is not selling.

Since the announcement of the singer's death, the place has attracted many fans, who have come to pay tribute to their idol for seven years. A presence that could potentially disturb the calm and discretion sought by future buyers.

Teilor Stone

Teilor Stone has been a reporter on the news desk since 2013. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining Thesaxon , Teilor Stone worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my teilor@nizhtimes.com 1-800-268-7116

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