A spectacular 10-room hôtel particulier in Paris that once belonged to Monaco’s princely family has been sold for a record amount by the Kretz family of Netflix fame.
“We sold it two years ago, and now again this year for €33,850,000,” Valentin Kretz tells me. “The buyer is an American crypto genius in his thirties.”
The 500-square-metre urban mansion next to Hermès on Rue du Faubourg Saint-Honoré in the 8th arrondissement features an unfathomable 450-square-metre garden with sauna.
“This is the largest transaction in Paris in several years,” Valentin says. “The 2024 record was €25 million and that was all agencies combined. This is also one of the Kretz Agency’s biggest sales, although we have also sold at these levels in St. Barts.”
The reality star adds, “This shows that the ultra-luxury sector has not suffered a crisis, quite the contrary. There is so little supply in ultra-luxury that properties are highly sought after.”
Valentin, along with his parents and brothers Martin, Louis and Raphael, star in Netflix’s The Parisian Agency (l’Agence) now filming its sixth season. A spin-off of the real estate show, New Destinations, has been commissioned by TMC.
The Kretz family opened an office in Monaco at Palais de la Scala on April 5, 2023.
Article first published April 15, 2025. Photo courtesy of Kretz family/Raphael Metivet.