Sunday, August 24, 2008

Villa on French Riveria Sells for $750 Million


Think San Diego real estate is expensive? Try the French Riveria. A 106-year-old villa on the French Riviera has reportedly sold for $750 million, 10 times the costliest home on the market in San Diego today, according to the San Diego Union-Tribune.

The Villa Leopolda, a 20-acre estate with 1,200 olive, cypress and fruit trees, once owned by Belgian King Leopold II, was purchased by a Russian billionaire, according to the Nice-Matin newspaper.


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