Buying a French hamlet - followup

As I reported a few months ago, a small French hamlet or village was for sale for about 1.2 million for a willing and qualified buyer. Ultimately, the village was re-possessed by the bank when the owner defaulted on his loans, and put up for auction ultimately selling for $700,000. The new owner will be a South Korean artist who wants to experiment with sustainability in a communal setting. I hope this ends up being a boon to the 150 residents as it sounds like they need some economic assistance. http://www.france24.com/en/20120522-rural-france-hamlet-auctioned-off-south-korean-artist-vi