Miami’s Versace mansion sold for $ 41,5 million

the CITIZENS of FASHION

Auction house Fisher Auction Company held an auction for the sell of Gianni Versace’s  mansion ,Casa Casuarina, bought by the designer in 1992. The winning bidder was the company VM South Beach,who own the Hotel Victor next door on Ocean Drive, and got the villa for the sum of $ 41,500,000 (the initial value of the lot was $ 25.5 million). At the end of the auction company representative said that the villa in the future will become a hotel under the name Versace Hotel Villa.

“They’re so thrilled they can now combine these properties to offer top-quality entertainment and hospitality to their customers,” said Ralph Bekkevold, a shareholder at Greenberg Traurig in Miami, who represents the winning bidders.

Others bidders were Donald Trump — who deployed his son, Eric Trump, to bid on his behalf at the court-ordered bankruptcy sale — bid as high as $41 million for the iconic…

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