No housing crisis at the Cote d’Azurski

According to local paper Nice Matin, this lovely little villa just changed hands to a Russian oligarch for 500 million euros.

villa leopolda.jpg

If the statistic can be believed it’s now the most expensive house in the world. The previous owner was a Lebanese widow. A century ago it was the hideaway of Belgian King Leopold II, who bought the place for… just one franc. That’s called inflation, my friends.

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