The co-founder of WhatsApp acquires the Hôtel de Fleury for 70M€.

After Xavier Niel and the sublime Hôtel Lambert, it's the turn of Jan Koum, co-founder of the mobile instant messaging application WhatsApp, to treat himself to a jewel of the capital: the Hôtel de Fleury located at 2 avenue Emile Deschanel, in the 7th arrondissement.

Alongside the Champ-de-Mars, the Hôtel de Fleury was bought by the Ukrainian-American billionaire from the royal family of Qatar for €70 million, or €109,000 per square meter of living space before renovation.

A major three-year renovation, mobilizing up to 80 workers per day, has just begun.

The Hôtel de Fleury, built at the beginning of the 20th century, is an exceptional property with a living area of 646m2 spread over four levels and benefiting from beautiful outdoor spaces.  

Once again, this sale reinforces the position of "real" Parisian stone as a safe haven; especially since it is the billionaire's first real estate acquisition in France.

Credit: DR

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