Apr 1
'09
Now that’s a bad economy: Nicolas Cage sells German castle

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You know it’s a bad economy when movie stars start selling their castles. Nicolas Cage bought his German one, Schloss Neidstein, in 2006, and has spent millions of dollars to renovate the 11th century property. The castle has 28 rooms and is surrounded by nearly 400 acres of meadows, forests and fields. Sounds nice.

People always make fun of Nicholas Cage, and I’m not sure why. Once upon a time, he was one of the best actors out there, although he’s spent the last dozen years making the same brainless action movie over and over again. But he makes the studios a lot of money, and he’ll always get work. And he’s amassed quite the savings account in the process too. The German castle was only one part of his vast real estate portfolio:

Oscar winner Nicolas Cage is selling his 11th century estate called Schloss Neidstein in Etzelwang, Germany, after he bought it in 2006 and set about restoring the castle to its former glory.

The actor, whose mother Joy Vogelsang is from Germany, purchased the estate for some £1.6 million, but is understood to have spent that twice over since in renovating the castle.

Schloss Neidstein sits on a hill with a stunning view of 395 acres of forest, meadows and fields. The 9,688-square-foot castle has 28 rooms, including 10 bedrooms and five bathrooms.

But he was only seen visiting the estate once, in 2008. “He didn’t have his heart in it,” said Roman Berr, the local mayor. And now the “Leaving Las Vegas” star has sold the property to a lawyer, according to Mr Berr.

But the nephew of legendary Hollywood director Francis Ford Coppola still has a considerable property portfolio, including homes in Los Angeles, Louisiana and another castle, the 18th century Midford Castle on the outskirts of Bath.

In a recent interview with British radio station Heart, the actor spoke of his love for his English retreat, saying, “The castle is in a process of restoration and hasn’t been finished yet. It’s a long process. It’s from the 1700s and it needs quite a bit of love.”

“It’s more like a castle of the imagination. It’s more of a Lewis Carroll-type castle actually; quite fantastical and all that.”

[From The Telegraph]

That’s nice. He has a new castle to renovate. I was worried for a second. I already knew he had a big house in New Orleans and lots of property in Hollywood, but The Telegraph doesn’t mention that Cage also owns at least one private island in the Caribbean. Who needs a German castle when you’re got your own tropical island?

Here’s Nicolas Cage on the set of ‘The Sorcerer’s Apprentice’ in New York City on Monday. Images thanks to WENN .

Written by Kaiser

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Posted in Money, Nicolas Cage, Real Estate

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16 Responses to “Now that’s a bad economy: Nicolas Cage sells German castle”

  1. call me strange,but he looks quite good here!!!??? I like his long,greying hair and tattered troll type look. seriously! He looks better here than he has in ages,IMO.
    I don’t know why…why oh why do we sometimes find the seemingly unattractive,attractive?
    Are those extensions? Was he balding before?

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  2. Yep, that’s the best Nic has looked in years. He looks great.

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  3. I wonder if his wife is dressing him. He is looking rather greasy, disheveled and damn sexy. hmm.

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  4. Yes he does look good but this is clearly for a movie!!! He got bad plugs a few years ago but he either got them fixed or has been wearing a toupee! I really like him as an actor, but for some reason I don’t like the real life NC.

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  5. hatsumomogirly
    hatsumomogirly:

    You know, I always dreamed that when I finish College and saved my money that I was going to buy an Old world style English castle and live in it and drive the 1960s Batmobile and garden all day long…..Then when I grew up I woke up to reality…. but I still dream though…
    Nic Cage is one lucky bastard….

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  6. Did he always have gray eyes?
    I’ll always love him no matter what he does, Raising Arizona was THAT good.

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  7. I agree w/everyone who says he looks good. If this is for a movie, he needs to practice this look in real life - especially the hair.

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  8. That’s a big castle to update. No wonder he keeps doing those National Treasure movies.

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  9. He has so much real estate on the market right now, it has to be approaching 100 mil. I think someone is in a bit of a pinch.

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  10. Hieronymus Grex
    Hieronymus Grex:

    Awwwwww…. poor baby :( There’s a family in town living out of their van with the help of food pantries and church aid because the bank took their house but this dirtbag owned a castle?!

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  11. I’m right there with all you girls–I LOVE this look! I don’t know what it is about disheveled/stubbly big-eyed men but this is the best NC has looked in many many moons…Mmmm

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  12. yes, he’s never looked better!

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  13. Kaiser, you´re not sure why people make fun of him? I think you´ve given us the answer in your post. A man who spends millions on a castle he practically never visits doesn´t impress me as someone you can take altogether seriously.

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  14. Nicholas looks quite sexy here. Who’s his current wife anyway?

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  15. He DOES look really hot here!

    And now he sells his Bavarian castle? I was always so jealous and wanted to have that thing! It’s very close to the city my father was born in. We always cracked up about it :)

    Oh, and I didn’t know that his mother was German. Very pretty family name. Vogelsang = birdsong.

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