EU: World’s Most Expensive Home Hits Market for €1 Billion It’s located in the exclusive French town of Saint-Jean-Cap-Ferrat
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The world’s most expensive home has been put up for sale in the south of France with a €1 billion ($1.1 billion) price tag.
Villa Les Cèdres, which was built around 1830 and was once home to Belgium’s King Leopold II, is located in the exclusive town of Saint-Jean-Cap-Ferrat, near Nice.
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According to the Daily Mail, the current owner of the 10-bedroom property, which has an Olympic-size swimming pool, is Suzanne Marnier-Lapostolle, a member of the Grand Marnier family, who is looking for something smaller. The house has been in the family, famous for cognacs and liqueurs, since the 1920s.
The property boasts 35 acres of manicured lawns, a ballroom and stables for up to 30 horses.
ORIGINALLY PUBLISHED ON AUGUST 22, 2016|MANSION GLOBAL|
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The Most Expensive House In The World Could Sell For $1.1 Billion
What can justify a $1.1 billion price tag for a house?
Before searching for the features behind the number, let’s clarify that in this case, “the house” is rather a large, opulent mansion on the French Côte d’Azur, set in a “small” privileged refuge between Nice and Monaco frequently described as the ‘billionaires’ playground.’
First, there’s the house itself, with the understated name Villa Les Cèdres—The Cedars—at the center of Saint-Jean-Cap-Ferrat, known in French as a “presqu’île,” or “almost island.”
The description of the magnificent property in the French press includes 10 bedrooms, a ballroom, concierge, a chapel, 50-meter swimming pool dug into the rocks, a winter garden and stables for 30 horses.
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Villa Les Cèdres, the world’s most expensive house Photo: YouTube
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But what seems to be the most valuable aspect of the property is its botanical park, considered one of the most beautiful private gardens in Europe. It covers more than 35 acres with 20 greenhouses, is overseen by 15 full-time gardeners, and features some 15,000 rare tropical species, also reportedly Europe’s largest collection of tropical plants.
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