This magnificent bastide on the Côte d'Azur, renowned for its prestige and luxury furnishings, has been put up for auction.

Despite the interest of property developers, this 550 m² bastide, built in 1920, nestled atop an impregnable fortress offering breathtaking views of the Côte d'Azur, has been put up for auction. This property is packed with treasures, such as a roof terrace with hot tub and a swimming pool built into a stone grotto. In addition to its exceptional features, this residence once belonged to Princess Margaret of Denmark, cousin of Queen Elizabeth of England, and her husband, Prince René de Bourbon-Parme. Despite its six bedrooms and five bathrooms, this majestic villa has yet to find a buyer since it was put up for sale ten months ago.

Côte d'Azur Sotheby's International Realty, in charge of marketing the property, received numerous offers, but none satisfied the sellers. The villa was therefore put up for auction until Tuesday May 16. How is it that an exceptional property like this hasn't been sold yet? "We received some very good offers from real estate developers, approaching the asking price of $12 million (around 11 million euros)," explains Luca Lanzani, the real estate agent in charge of the sale. However, the Italian family that owns the property is attached to the artistic aspect of the house and wishes to sell it to a family with a passion for beautiful things, rather than to a developer who might destroy the bastide to turn it into a luxury hotel.

That's why Côte d'Azur Sotheby's International Realty and the owners decided to use the auction system offered by Concierge Auctions, which enables homes to be sold like works of art or jewelry. This vacation home, situated in absolute peace and quiet, is a real nugget that the Italian family who own it wish to part with, as the children have grown up and no longer visit the South of France as often. The interior of the bastide is bathed in natural light thanks to its large windows. The living room is adorned with exposed beams and a majestic stone fireplace, giving the property undeniable charm, according to Top Ten Real Estate Deals, which lists celebrity home sales. The 2975 m² plot creates a green oasis with its gardens, turrets and ramparts. "Once you step through the bastide's main door, you forget time. It's absolutely quiet, which is very rare on the Côte d'Azur, where you can always hear the noise from the main roads, whereas here, it's very quiet," emphasizes Luca Lanzani.

Since the auction began on Thursday May 11, 10 customers have already registered in just a few hours. The auction promises to attract many buyers. "It's remarkable to have so many buyers already registered, because normally they wait until the last two or three days," enthuses Luca Lanzani. This bastide, a symbol of luxury real estate and prestige on the Côte d'Azur, will soon know its new owner.

The auction offers a unique opportunity to acquire this exceptional property, offering a prestigious living environment and a royal heritage linked to Princess Margaret of Denmark. Lovers of fine things and art will have the chance to transform this bastide into their dream home, preserving its unique and artistic character. Thanks to Côte d'Azur agency Sotheby's International Realty, this auction promises to be a memorable event for lovers of luxury real estate.

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