Southern France is still home to the most expensive properties in the world, according to the latest survey.
Villa La Fiorentina, Avenue d'Ostende in Monaco, Avenue Claude Vignon in Saint-Jean-Cap-Ferrat, and Boulevard de la Croisette in Cannes are still some of the most exclusive addresses in the world. These properties have an asking price starting at about $525 million. Compared with the elite residences in Manhattan, these villas have retained their high price on the market.
As Forbes reports, Villa La Fiorentina was constructed in 1917 has a price tag of $525 million. The luxurious property was built by countess Therese de Beauchamp and was formerly owned by the Americans Mary Wells Lawrence and her husband Harding Lawrence. The lavish villa accommodated affluent personalities including Frank Sinatra, Greta Garbo, Andrew Lloyd Webber, Princess Grace and Elizabeth Taylor.
It is said that one square meter of the property on Avenue Claude Vignon found between Nice and Monte Carlo already costs $215,000. The price is relatively higher than the Hamptons' Further Lane that has a rate of $180,000 per square meter. LLNYC says that in New York's Fifth Avenue, the price of homes cost about $129,000 per square meter.
Meanwhile, France has the world's most expensive property which was apparently sold for 275 million euros, which is approximately $301 million. Chateau Louis XIV, named after the monarch who ruled France for 72 years, was even one of Kim Kardashian and Kanye West's choice for their wedding venue. The palatial French home boasts a library, a huge wine cellar, two ballrooms, an underground nightclub, a private cinema, indoor and outdoor pools and an underground aquarium and a squash court, according to News. Au.
The world's most priciest home surpassed the record of the penthouse in London's One Hyde Park that was sold last year.