Comments on: Russian Oil Oligarch Pays 750 Million For Cote d’Azur Mansion Villa Leopolda

By: Marc Jansen

Marc Jansen — Wed, 15 Oct 2008 14:01:00 +0000

A local real estate in Nice estimated this property 2 years ago for only 280 Million euros.

villa Palm Beach on the beachfront in Cannes is ever better located and for rent for a weekly rate of only 3.500 euros

http://www.riviera-rental.eu/directory%20-%20rental%20-%20villa%20-%20cannes%20-%20palm%20beach/index%20-%20rental%20-%20villa%20-%20cannes%20-%20palm%20beach.htm

By: Hitting the Links | Redfin Boston Sweet Digs

Hitting the Links | Redfin Boston Sweet Digs — Fri, 15 Aug 2008 06:22:43 +0000

[...] Some Russian dude bought a $750 million dollar home. [The Real Estate Bloggers] [...]

By: Bob Mortimer

Bob Mortimer — Tue, 12 Aug 2008 08:39:54 +0000

It’s a crazy price, it is so overpriced. This villa is surrounded by traffic jams all summer long, and really the views where it’s set are not that great compared to many regular properties in the area, here’s another picture I took of the villa last year http://www.rivierarentalguide.com/view_image_set.php?page=26&mode=area&id=448

If you want to sample that lifestyle for a tiny tiny fraction of that price here’s a very affordable rental in a better location in the same neighbourhood. You will see that if you can rent a cool villa closer to the water on the beach for only €15,000 per week, this Billionaire has wrecked one billion unnecessarily. http://www.rivierarentalguide.com/properties/the+corniches/villefranche-sur-mer/villa/253/

Best regards,

Bob

By: Santa Barbara Real Estate Voice

Santa Barbara Real Estate Voice — Mon, 11 Aug 2008 23:10:32 +0000

Wow…Santa Barbara and Montecito CA are filled with luxury properties and estates…but this is a different Realm.