Sotheby’s Concierge Auctions today announced that the reserve has been met and bidding has officially opened at €6.5M for ARGOS, an architecturally significant, fully operational boutique apartment hotel designed by the late, internationally acclaimed designer, Zaha Hadid. Located in the heart of Graz, Austria, the offering is presented in cooperation with Nikolaus Jira and Ferdinand Hagsteiner of Austria Sotheby’s International Realty. Bidding will culminate on 5 December at The St. Regis Saadiyat Island Resort as part of Sotheby’s inaugural Abu Dhabi Collectors’ Week.
This historic four-day luxury event will present ultra-luxury real estate for auction alongside marquee collections of jewellery, watches, and collector cars, highlighting Abu Dhabi as a premier destination for global buyers and collectors. The event strategically coincides with Abu Dhabi's most dynamic week of the year, including the Formula 1 Grand Prix, Abu Dhabi Finance Week, and Bitcoin MENA.
Comprising approximately 1,942 square meters, ARGOS includes 21 serviced apartments and three fully leased retail units, blending iconic architectural pedigree with proven hospitality performance. The contemporary landmark showcases the dynamic curves, geometric precision, and sculptural façade that define Hadid’s visionary aesthetic, all set within Graz’s UNESCO-recognized historic district.
“We are proud to offer an architectural masterpiece of this caliber as one of the headline properties at our inaugural Abu Dhabi Collectors’ Week,” said Chad Roffers, CEO of Sotheby’s Concierge Auctions. “With bidding now open, buyers around the world have an opportunity to compete for a one-of-a-kind Zaha Hadid-designed asset that exemplifies the global reach and exceptional quality of our platform.”
ARGOS offers fully furnished serviced apartments at Burggasse 15 in Graz's historic center. These elegant, thoughtfully designed residences range from approximately 30 to 80 square meters and are professionally managed by the esteemed Limehome brand. The property's spectacular penthouse is a standout feature, offering panoramic city views and a rare rooftop terrace—an amenity exceptionally difficult to permit in Graz. ARGOS's location places residents steps away from the UNESCO Old Town, the Schlossberg hill and Clock Tower, a wealth of galleries, cultural landmarks, and acclaimed, Michelin-recognized dining.
“ARGOS is a testament to Hadid’s extraordinary vision, from its sculptural façade to the flowing interiors,” added Hagsteiner. “To collaborate with Sotheby’s Concierge Auctions in bringing such an iconic property to market is a tremendous privilege. Their global reach and curated platform offer the ideal stage to celebrate its architectural and cultural importance.”
Abu Dhabi Collectors’ Week, presented in partnership with Sotheby’s, RM Sotheby’s, and the Abu Dhabi Investment Office, highlights marquee offerings—including a $20 million+ single-owner jewellery and watch collection and a McLaren Racing collaboration—positioning Abu Dhabi as a global nexus for luxury and culture. Sotheby’s Concierge Auctions’ participation underscores its continued expansion into premier international markets and the growing demand for architectural and design-led properties among discerning global buyers.
Images of the property may be viewed at conciergeauctions.com. All photo credits should be provided to Justin Berlinger.
As part of Sotheby’s Concierge Auctions' Key For Key® giving program in partnership with Giveback Homes, the closing will result in funding towards new homes built for families in need.
Agents will be compensated according to the terms and conditions of the Listing Agreement. See Auction Terms and Conditions for full details.
For more information, including property details, diligence documents, and more, visit ConciergeAuctions.com or call +1.212.202.2940.