Chateau in France Now Owned by Seven Thousand People

A previously unloved French castle — Château de la Mothe-Chandeniers — is now owned and loved by over 7,400 people after they stepped in to save it through a recent online property crowdfunding raise.

Help came when the raise surfaced and came up with over 500,000 euros — with each party paying around €51 each — in less than two months to restore the early 13th century landmark. There are now big plans for a full restoration project to go into action and then to open the chateau to the public.

Donations have bought the property but there is still much to do to bring the building up to spec and they company behind the raise is seeking additional funds for the repairs.

The Château de la Mothe-Chandeniers — in the town of Les Trois-Moutiers in the Poitou-Charentesregion of western France — is a former stronghold of the Bauçay family, lords of Loudun. The stronghold dates to the thirteenth century and was originally called Motte Bauçay (or Baussay). The Motte Baussay was taken twice by the English in the Middle Ages and devastated during the French Revolution. It was bought in 1809 by François Hennecart, a wealthy businessman who undertook to restore its former glory. In 1857 it was sold to Baron Joseph Lejeune. In 1932, a major fire destroyed most of the buildings in the castle.

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