French Riviera luxury property prices crash
As we wrote about back in February, Russia’s richest man Mikhail Prokhorov had reportedly agreed to purchase the Villa for $750 million but later backed out of the deal, forfeiting a $55 million deposit. The Telegraph says there have been panic sales by owners desperate for cash. Riviera property sources said that one British owner […]
Deposit On Villa Leopolda To Be Donated To Charity
The rumor and gossip about billionaire widow Lily Safra’s notoriously high maintenance Villa Leopolda seems never to end. Back in August we reported that Russian billionaire Mikail Prokhorov was the mysterious purchaser of the lavish home in Villefranche-sur-Mer which was on the market for a record price of 390 million euros. Then came a report […]
La Leopolda Villa Sale – Will Prokhorov get his Deposit Back?
The ongoing saga of the sale of the most expensive villa in the world continues. Back in August we reported that Prokhorov, the Russian billionaire, was the mysterious purchaser of the Villa Leopolda – on the French Cote D’Azur – at the price of 365 million Euros ($545 million) – which was a staggering price […]