Paris chateau becomes most expensive property in the world

A Paris chateau built in honour of Louis the Great has become the most expensive property ever sold after going for a staggering NZ$444 million.

Located between Versailles and Marly-le-Roi on a 57 acre section, the Chateau Louis XIV may resemble a 17th Century estate but it was completed in 2011.

According to the Daily Mail the estate was sold to a Middle Eastern buyer.

The sale price has eclipsed a London penthouse which previously held the record after selling for $NZ326 million.

The property sold for NZ$444 million. Photo / Patrice Diaz, Creative Commons

The chateau features a ballroom, nightclub, wine cellar, squash court, home cinema and underwater room.

Marble has been featured heavily throughout, used on the floors, in the bathrooms and for a statue of Louis the Great. Murals like that in the Sistine Chapel adorn the walls and ceilings.

The property considered for a wedding venue for Kim Kardashian West and her husband Kanye West last year.

With the current average house price in Auckland sitting around $765,000, you could get around 580 homes for the price of the Paris chateau.

Murals like that of the Sistine Chapel adorn the walls. Photo / Chateau Louis XIV

While New Zealand might not boast properties of this value one of country's largest farms, Lochinver Station in the central North Island is a 13,843-hectare sheep and beef station and has a capital valuation of just over $70 million.

The property, situated on the Rangitaiki Plains between Taupo and Napier is a sheep and beef breeding, finishing and dairy support farm.

Marble has been featured heavily throughout the property. Photo / Chateau Louis XIV

The station has three airstrips; 22 houses which accommodate the families of 20 permanent staff; a staff recreation centre; 91kms of pumice roads; six cattle yards; three woolsheds and multiple other farm buildings; a lake and a recreational hunting block.