From 2.5 million euros to 1.6 million euros: the asking price of the famous Elvis house in Breda has been significantly reduced. Home owner Jimmy hopes to get rid of the house this way. The big difference: it is now a ‘starting price’. Interested parties can submit a bid until March.
It is a significant difference in price, according to millionaire real estate agent Leslie de Ruiter, who works for Christie’s, which is selling the house.
“We have only been using this price since yesterday, so it is too early to say whether there are already any interested parties. Normally in the industry you start top down. You start with a high asking price and if that does not lead to a sale, you end up with a lower price.” lower. But the owner would like to get rid of it. We have therefore chosen to tempt sellers with a very low ‘starting’ price.”
Bids must therefore start at least at 1.6 million euros. Bidding is open until March 7, but a knockout offer is possible, the advertisement states on Funda.
Knockout
“Some buyers will only submit a bid at the last minute, so not until March. But that is risky. Because with a knock-out offer, someone can make an interim bid, wanting to sideline other candidates. If it is a good is an offer, then we consult with the owner. Does he agree?”
Wasn’t the asking price of the house initially just too high, if no one bought it? According to De Ruiter, there were viewers, but they did not want the house or offered too low. “But I think it was a realistic asking price. You always negotiate with these kinds of asking prices. For example, it would have been 10 percent (2.5 tons) off.”
4800 euros per square meter
He takes out the calculator. “The asking price was initially 4,800 euros per square meter. That’s not crazy at all. Other houses in Breda are for sale for more. Now we’re asking 3,000 euros per square meter. That’s very little.”
Whoever buys the house must love Elvis. This is a replica of Elvis’ American villa in Memphis. You enter a huge hall with a large portrait of Elvis on the floor.
“Although you can also renovate. But the owner would really like it if an Elvis fan came and left everything intact.”
Indonesian Elvis fan
That owner is 67-year-old Jimmy Prins. “Elvis has been central to my whole life. I bought a record of the singer with the money from my first part-time job at the Chinese store,” he previously told Omroep Brabant.
Jimmy was born in Indonesia as the youngest of seven children. His fascination with Elvis arose when the family came to the Netherlands in the 1960s. “We talked about Elvis with the whole family and we always sang his songs,” says Prins.