EFTA Document EFTA01744656

From: "Marc Leon" To: "'Jeffrey E.'" ieevacatonegmailcom> Subject: RE: Sent Wednesday, July 15, 2015 10:09:54 PM Dear Jeffrey, I am really more optimistic about the final sale price of this property. It will probably not be easy to get a bit much higher than 40. Mr. Kiss refused for several reasons better offers, but this is the past. Anyway, would you decide to offer 45 and invest 2 to upgrade it, I would be happy to market it for you with this special condition: only be paid if the resale price is over 55 ! Regards Marc LEON Managing Director KENSINGTON Finest Properties Marrakech Sarlau License partner of KENSINGTON Finest Properties International Exclusive affiliate of CHRISTIE'S International Real Estate Private Office Marrakech Avenue Yacoub El Mansour Arset Bata 3, App. 13, 50 et. Gueliz - 40000 - Marrakech (Morocco) Tel.: Fax: Cell: Cell De : jeffrey E. [mailtoleevacation@gmaitcom] Envoye : mercredi 15 juillet 2015 19:57 A: Marc Leon Objet : Re: i fully understand, I can always buy it from the foundation? ))::. I am aware of the cost to rebuild, similar to the chataeu i am looking at in fiance and the country home in the UK. . however those costs are as you are aware are totally irrelvant to the current market prices. . I have not reached out to Mr kiss either because i know it is emotional.and i am sympathetic to his views. I would send you a contract at 20 million but i do not want to upset him, I dont think it will sell for more than that. ever. On Wed, Jul 15, 2015 at 3:35 PM, Marc Leo wrote: Dear Jeffrey, EFTA_R1_00037004 EFTA01744656 I would agree with the Knight Frank's estimation of value if it is just for the garden! There are 1900 Dactilifera palm trees, 300 Washingtonian palm trees and 320 three hundred year old olive trees which would cost around 15 million euros alone along with the garden design. If Knight Frank would like to give their real opinion of value for the construction and quality of this masterpiece, we can organize a visit. I would hope this multinational company would never make a formal valuation without viewing first.... Knight Frank has no representative here and are unlikely to have any idea of the real value of high end properties in Marrakech. I haven't told Mr Kiss about any your comments but I know him very well and I know he would rather give his palace to a foundation than sell it for a too low price. Yours faithfully Marc LEON Managing Director KENSINGTON Finest Properties Marrakech Sarlau License partner of KENSINGTON Finest Properties International Exclusive affiliate of CHRISTIE'S International Real Estate Private Office Marrakech Avenue Yacoub El Mansour Arset Bata 3, App. 13, 50 et. Gueliz - 40000 - Marrakech (Morocco) Tel.: Fax: Cell: Cell De : jeffrey E. [mailto:[email protected] Envoye : mercredi 15 juillet 2015 11:21 A: Kensington Objet : knight frank just came back with a 15 m price. . with a guesstimate of 1.5 -2 to bring up to today including finishing guest house. . wiring to enable high speed. wifi reception etc. can you send me details on Italian embassy in tangier? . please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE EFTA_R1_00037005 EFTA01744657 Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacationegmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00037006 EFTA01744658