Although property value fluctuates in many different circumstances, the difference will only affect slightly. There are some areas where prestigious and desirable homes keep growing, thus the price will just keep piling up. Take the following house for instants, this property will only value more than ever and becoming one of the world’s most expensive home. Now this magnificent property is ready on sale and like the Forbes say, you can dream on the billionaire playground.
La Villa Les Cedres
La Villa Les Cedres was built in 1830 and was once home to Belgium’s King Leopold II. The property sits in the south of France in Saint-Jean-Cap-Ferrat, between Nice and Monaco. The area is frequently described as a billionaire playground, home to many world’s richest people and ranks the fifth most expensive street in the world. The property name means The Cedars, meaning “almost island” in French.
The current owner, Suzanne Marnier Lapostolle is a member of the Marnier-Lapostolle family and the house has been in the family since the 1920s. The world’s famous for its cognacs and liqueurs is looking to downsize. The house has been in the family since the 1920s. Therefore, the property is can possibly be yours if you can dig out $1.1 billion before it’s gone.
Inside La Villa Les Cedres
La Villa Les Cedres has ten bedrooms, a ballroom, a chapel, a winter garden, a 50-meter swimming pool built into the rocks, a stable for 30 horses and 35 acres of beautiful lawns and gardens. Perhaps the best and beauty part of the house is the outside area and the botanical garden. The designer is also responsible for the impressive design to the Eiffel Tower and Champs Élysées gardens.
It overlooks the glistening blue waters of the Mediterranean Sea and sits amidst its manicured paradise gardens. All the amenities you would expect such as luscious a property are here, including a flower garden, a party room, and 25 heated greenhouses.
Cap Ferrat is the most expensive area in France and is home to many tycoons and billionaires. For example, the co-founder of Microsoft, Paul Allen, and the late Russian oligarch Boris Berezovsky. Last year, Hong Kong’s PeakRoad was the most expensive neighbourhood to live in, averaging a stunning $114,000 per square meter. This is nearly double the $67,000 per square meter in Cap Ferrat.
A Rare Opportunity
The sale of a home such as La Villa Les Cedres is exceedingly rare. A home like this becoming available in one of the world’s most expensive areas may only happen once in a generation. The typical owners don’t need the money from the sale of the property. Their tendency is to hold on to their precious dwellings.
If you are looking for a historical, beautiful, and exclusive property that also happens to be the world’s most expensive home, don’t hesitate to visit La Villa Les Cedres. This prestigious neighborhood is described as the “escape hatch from Monaco for those burdened with taste.” If that describes you, don’t miss out on the sale of the decade.