No Bargains on the French Riviera
Villa Shamballa
The French Riviera may be one of the few markets where nobody really cares about the global economic showdown. Sure, there may be fewer Russian oligarchs wandering the docks, but a château overlooking the Mediterranean will always be priced the way it is priced, and that’s just the way it is and the way it will always be. If you can’t afford it, there’s always Spain, the locals are happy to point out.
Case in point is a modern villa on a hillside less than 1 mile from Monaco, which recently hit the market with a hefty price tag of 38.5 million euro.
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