Crowdfund chateau bid fails

Fortress-type chateau with green hilly foreground and blue cloud-streaked sky
Chateau de Paluel was sold for €853,000 to a Périgord Noir restaurateur

Restaurateur outbids group of thousands who pledged €50 each

A crowdfunding bid to buy the film-star Château de Paluel in eastern Dordogne has failed when the auction price soared way above the €500,000 raised.

The 15th century chateau in Saint-Vincent-de-Paluel near Sarlat went to Périgord Noir restaurateur Etienne Cluzel for €853,000 at the tribunal in Bergerac this afternoon.

Made famous in the 1968 Louis de Funès film Le Tatoué where he came out with his famous comment “C’est une ruine!!” it sparked a bid by a group calling themselves Adopte un chȃteau who asked people to crowdfund a buy-out by pledging €50 each.

This afternoon the funding site Dartagnans showed that 6,592 contributors had pledged €536,557, to be paid if successful. It is the largest amount of crowdfunding money raised for a French heritage project.

Mr Cluzel, 31, who has two restaurants in Carlux, already has the Château de Sirey at Prats de Carlux, which he has been restoring for eight years. It is about a kilometre away from Paluel. He told France Bleu he wanted to open Paluel to the public in two years.

He was in a bidding battle with two other bidders, from Normandy and Ile-de-France.

See our previous story on the plan, earlier this month. 

A clip from Le Tatoué, when Louis de Funès first sees the château

Stay informed:
Sign up to our free weekly e-newsletter
Subscribe to access all our online articles and receive our printed monthly newspaper The Connexion at your home. News analysis, features and practical help for English-speakers in France

More articles from French news
More articles from Connexion France
Other articles that may interest you