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Record property sale $750 Million in Villefrance, France

A Russian billionaire just set a record for the most expensive residential property sale in the world – 500 Million Euros, which is about $750 Million. The price is always driven up when a buyer wants to buy a property that the seller doesn’t want to sell. This property in Villefrance, between Nice and Monaco on the French Riviera, a turreted Belle Epoque mansion with two guest houses sits on 20 acres of grounds and gardens. The news article today shows a photo of The Villa Leopolda.

Note that this is a record "sale", which doesn’t mean it’s the most expensive property. We don’t know the cost of the skyscraper that Mukesh Ambani is building in Mumbai, for example.

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