“$1.1 billion” - The price tag on the most expensive house in the world.

The world’s most expensive home has been put up for sale in the south of France with a €1 billion ($1.1 billion) price tag.

Villa Les Cèdres, which was built around 1830 and was once home to Belgium’s King Leopold II, is located in the exclusive town of Saint-Jean-Cap-Ferrat, near Nice.

According to a Daily Mail report, the current owner of the 10-bedroom property, which has an Olympic-size swimming pool, is Suzanne Marnier-Lapostolle, a member of the Grand Marnier family, who is looking for something smaller. The house has been in the family, famous for cognacs and liqueurs, since the 1920s.

The property boasts 35 acres of manicured lawns, a ballroom and stables for up to 30 horses.