Luxury Car Maker Porsche Is Selling A Historic Castle In Bavaria

schloss bullachberg porsche

Photo: Wikimedia Commons

Luxury sports car maker Porsche is selling a historic castle it owns in Bavaria after plans to turn the property into a resort fell through, according to AFP.The company picked up the castle, called Schloss Bullachberg, in 2006 for around $8 million.

But plans to renovate the structure stalled amid financial woes stemming from the economic downturn and the long-delayed merger with Volkswagen.

The 1.9 million-square-foot castle was built in the early 1900s, and is near the famous Neuschwanstein Castle.

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