Cote D’Azure is the world’s most luxurious strip of coast in Southern France and Monte Carlo. The blue waters, the sunny skies and the decadence make it the right place to build your mansion and relax for a lifetime. It also is one of the most expensive real estate areas in the world. Villa Leopolda was the world’s most expensive estate at a price of $750 million. Now, the price has been slashed and you could buy it for a mere $102 million.

A drop of nearly $650 million makes it one of the biggest cuts in real estate prices in the world. The villa comes with 11-bedroom, 14-bathroom, 29,000 square feet of interior space, manicured lawns, swimming pool, spiralling outdoor staircases, balconies and terraces, Working fireplaces, a sauna, outdoor kitchen and pool house among other features.

Read More

Last month was when Canada’s most top-cost residential sale happened. A globally known property and luxury getaway in the country’s Calgary region. The name is Falkridge. And it went for a whopping $ 13.1 million after it was put up for sale only a few weeks. The property has been sold to a Calgary gas and oil entrepreneur whose name is not listed.

Originally owned by US based Haworth Inc, a manufacturing firm, it was built Smed family of Calgary. The total area of this estate is 27,000 square feet. A main home, guest house, porch and a water tower apart, there is a lounge with fireplace, and a training and conference area.

The main residence measures 15,000 square feet, has seven guest suites, an industrial chef kitchen, dining room and lounge. Its  media room can seat over 20 people. The guest house of 12,000-square-feet has six separate suites. It has been a famous luxury executive retreat, hosting politicians and celebrities.

Read More

As sexy as she might be, actor Sharon Stone is have a lot of trouble to find her way in the intricate cross paths of the real estate world. She has just re-listed a Beverly Hills mansion of hers at 8,995,000 that she purchased for a higher price of $10,995,0000 back in 2006. What a bummer! But looks like the global economic recession had a major role to play here for Stone did offer the house at $10 million initially.

Seeing no positive responses, she took it off only to offer it once again at $58,000 monthly lease. Unfortunately, that did not work either. Insiders reveal that she could get nothing more than $35,000 a month. Finally, the spirited lady of the big screen has decided to find the easy way out by greatly reducing the selling price of her abode.

Read More

 The recession has hit almost every industry quite badly and the plight of the real estate industry is no different. Changes in the price of real estate have led to despair amongst land owners and buyers as well.

The City Center project in Las Vegas had been one of the most high priced developments in the country wih $8.4 billion being invested in the project. Changes in the price of real estate, however, account for a great deal of loss for those involved. Buyers reveal that with the fall in market value, they are now paying more than the building is worth and wish for the price to either be reduced or to be reimbursed for this loss.

Read More

Likewise me, those who feel that they haven’t got their share of Chris Tucker can have now. If you can spill over $3.8 million to sink into a mini-mansion, then you can grab the opportunity of residing inside Chris’s abode. The celebrity’s 6,549 square foot Tarzana, California crib has now hit the market in a fully furnished state. Positioned in the guard-gated Mulholland Park Estates, the Tucker’s house is equipped with five bedrooms, 7.5 bathrooms, library, home theater, game room, far-reaching spectacular views of the San Fernando Valley complemented by an outdoor pool and spa. Prospective seekers can feel free to ink a neat deal with this estate as Tucker would be staying in next door in a 6,400 square foot house.

Via RealEstateTalker