Eye-wateringly extravagant French villa once dubbed ‘world’s most expensive house’ has sold for £184million… but that’s £138million less than the original asking price
- The 200-year-old mansion once belonged to King Leopold II of Belgium and later to Campari booze company
- The 14-bedroom property in the French Riviera was originally on the market in 2016 for €350million
- A mystery buyer has agreed a provisional deal and after the sale, the villa will be for private use only
A luxury French villa once dubbed ‘world’s most expensive home’ has sold for €200million – €150million less than the original asking price.
The 14-bedroom property in Saint-Jean Cap-Ferrat, in the French Riviera is currently owned by Italy-based alcohol company Campari.
The producers of the eponymous dark orange liqueur bought the property in 2016 after it bought it from Marnier Lapostolle, the maker of Grand Marnier.
A luxury French villa once dubbed ‘world’s most expensive home’ has sold for £184million – a whole £138million less than the original asking price
The closing of the transaction is expected at some point in October but is certain to certain conditions including the vacancy of the property, which is still home to one of the Marnier-Lapostolle family
The 14-bedroom property in Saint-Jean Cap-Ferrat, in the French Riviera, is currently owned by Italy-based alcohol company Campari
The sitting room in the sprawling French villa is lavishly decorated with 19th-century portraits in ornate frames as well as decadent armchairs and tables
The company put it back up for re-sale almost immediately for €350million (£321million).
This made it the most expensive house in the world at the time.
It was not until a newly built megamansion went on the market in Los Angeles for $500million (£458million) that it lost its title.
But now a mystery buyer has agreed a hefty sum to purchase the estate.
It was not until a newly built megamansion went on the market in Los Angeles for $500million (£458million) that the Villa Les Cedres lost its title
The initials M.L., for the Marnier-Lapostolle family, are inscribed on a stonework that surrounds the fireplace inside the villa
The villa is extravagantly decorated with antique statement pieces throughout, including intricate chandeliers and plush soft furnishings
The Villa Les Cedres was built in 1830 and sprawls across a 14-hectare (35-acre) botanical garden that was created and curated over nearly a century.
It is believed that after the sale, the villa will be for private use only.
The closing of the transaction is expected at some point in October but is certain to certain conditions including the vacancy of the property, which is still home to one of the Marnier-Lapostolle family.
Many of the rooms in the sprawling French villa are lavishly decorated with 19th-century portraits in ornate frames as well as furniture including decadent armchairs and tables.
The mansion comes with its own private pool surrounded by tropical plants including palm trees and cacti
The Villa Les Cedres was built in 1830 and sprawls across a 14-hectare (35-acre) botanical garden that was created and curated over nearly a century
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