Grevillia is a waterfront residence on the port of Saint-Jean-Cap-Ferrat, on the market for ?56m
Lord Andrew Hay is Global Head of Residential at Knight Frank, the international real estate consultancy, and has built up property portfolios for some of the wealthiest people in the world. In this regular column, he is handed a theoretical sum of money by LUX and asked how he would invest it. This month, we asked Lord Hay where he would buy if he had £50m to spend on a single home
?If you had £50m to spend and could buy a property anywhere in the world ? where would you choose"? It sounds like a question you?d ask your friends at a dinner party and actually is something I get asked quite regularly. My answer often changes as there are so many places around the world where I?d love to live, but having just returned from my summer holiday and with the thought of sunshine and the Mediterranean fresh in my mind along with this healthy budget, I would have to choose Saint-Jean-Cap-Ferrat on the French Riviera. Cap Ferrat is glamorous yet unspoilt. It has been a firm favourite of aristocracy and Hollywood celebrities over the years and is arguably one of the most exclusive addresses in Europe. It is easily located between Monaco and Nice, accessible both by car and helicopter making it a huge draw for wealthy clients looking for a second or third home and is somewhere they go to escape.
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As we describe in the latest Knight Frank Prime ...