During times of economic hardship, it’s not usual for individuals to unload some of their assets, especially multi-million dollar properties in New York City. And that’s exactly what the cash-strapped country of Portugal did this week!
The nation recently sold its four bedroom apartment at the Dakota for $11.5 million, according to the New York Post. Portugal purchased the eight-room apartment, featuring 19th-century details, three wood-burning fireplaces and 12-foot ceilings, 42 years ago for just $200,000.
The country is also selling off stakes in its national airline, oil, utility and electricity companies by the end of July to offset some of its debt.
Check out photos of the unit below!
Photo credit: StreetEasy
