Far out Friday: A house price tag in the billions?

by NZ Adviser02 Sep 2016
The most expensive home for sale in the world has been placed on the market with a price tag that puts it in a league of its own. NZ$1.5 billion, according to a Fairfax article.  

Villa Les Cedres on the French Riviera in the south of France, has recently been put up for sale for the first time in almost a century. 

The residence is open to tour groups and the public eager to walk through its 35-acre garden, said to be one Europe’s finest and designed by the same man who designed the Eiffel Tower gardens. 

Also in the grounds is an Olympic-size swimming pool, a ballroom and stables with room enough for 30 horses.
Suzanne Marnier-Lapostolle currently lives in the 10-bedroom property which was built around 1830 and a former home of Belgium’s King Leopold II. 

According to Fortune.com, for the right buyer Campari CEO Bob Kunze-Concewitz said the company, which acquired the property in March, would consider offers upwards from $330 million.

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