Sunday, May 17, 2009

French Riviera luxury property prices crash

Villa Leopolda on the Cote d'Azur
The sprawling Villa Leopolda on the Cote d'Azur Photo: BIGPICTURESPHOTO.COM

When Russia's richest oligarch reportedly offered half a billion euros for Villa Leopolda in Cap Ferrat last year, it was in line to become the most expensive property in the world.