No VAT will be charged on the hammer price, but VAT at 15% will be added to the buyer's premium which is invoiced on a VAT inclusive basis.
Artist's Resale Right ("Droit de Suite"). Artist's Resale Right Regulations 2006 apply to this lot, the buyer agrees to pay us an amount equal to the resale royalty provided for in those Regulations, and we undertake to the buyer to pay such amount to the artist's collection agent.
Trained as an architect, Basilico focuses on the transformations of urban spaces, whether through destruction, such as in post-war Beirut, rebuilding, as in post-wall Berlin, or in the architecture of the post-modern city. He seeks out boundary spaces where new and old merge, creating meditative works which reflect the transitional nature of the contemporary cityscape.