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Controlled Online Auction Opens for Seized Marseille Seafront Carlton Palace

Justice officials will pick a pre‑vetted buyer on the strength of a redevelopment dossier to ensure the unfinished site is completed.

Overview

  • Agrasc is selling the property on Agorastore with a starting price of €4.743 million across eleven lots and minimum €20,000 bid increments.
  • Bidding runs online from Monday at noon to Tuesday at 16:00, with participation limited to candidates who visited the site and submitted dossiers.
  • The buyer may not be the highest bidder, as selection can favor the most credible plan and financing to finish the project.
  • The 1,749–1,800 m² complex sits on Corniche Kennedy with sea views, includes parking and former luxury units with terraces and pools, and remains unfinished since works halted in 2019.
  • The asset was seized in the carbon‑tax fraud case linked to convictions including Christiane Melgrani’s in 2018, and the sale deed is scheduled to be signed on December 31.