• The property’s present grounds have olive trees, a rose garden, a palm grove and a number of exotic plants, as well as a rock garden pond with water lilies. Courtesy Emile Garcin Properties
    The property’s present grounds have olive trees, a rose garden, a palm grove and a number of exotic plants, as well as a rock garden pond with water lilies. Courtesy Emile Garcin Properties
  • The English architect Russell Page redeveloped the ground’s extensive gardens in 1961. Courtesy Emile Garcin Properties
    The English architect Russell Page redeveloped the ground’s extensive gardens in 1961. Courtesy Emile Garcin Properties
  • Le Chateau Malet’s present grounds have olive trees, a rose garden, a palm grove and a number of exotic plants, as well as a rock garden pond with water lilies. Courtesy Emile Garcin Properties
    Le Chateau Malet’s present grounds have olive trees, a rose garden, a palm grove and a number of exotic plants, as well as a rock garden pond with water lilies. Courtesy Emile Garcin Properties
  • Le Chateau Malet has a swimming pool that is 18 metres long and six metres wide that cascades between different levels. Courtesy Emile Garcin Properties
    Le Chateau Malet has a swimming pool that is 18 metres long and six metres wide that cascades between different levels. Courtesy Emile Garcin Properties
  • Le Chateau Malet has a swimming pool that is 18 metres long and six metres wide that cascades between different levels. Courtesy Emile Garcin Properties
    Le Chateau Malet has a swimming pool that is 18 metres long and six metres wide that cascades between different levels. Courtesy Emile Garcin Properties
  • Le Chateau Malet was built in 1892 for Sir Edward Malet, who at the time was Britain’s ambassador to the German empire. Courtesy Emile Garcin Properties
    Le Chateau Malet was built in 1892 for Sir Edward Malet, who at the time was Britain’s ambassador to the German empire. Courtesy Emile Garcin Properties
  • Le Chateau Malet sits on a 14-acre site in the hillsides of Cap D’Ail, overlooking yacht-filled harbours. Courtesy Emile Garcin Properties
    Le Chateau Malet sits on a 14-acre site in the hillsides of Cap D’Ail, overlooking yacht-filled harbours. Courtesy Emile Garcin Properties
  • The diplomat who built Le Chateau Malet hosted members of royal families from several European countries, including Britain’s Queen Victoria and King Edward VII. Courtesy Emile Garcin Properties
    The diplomat who built Le Chateau Malet hosted members of royal families from several European countries, including Britain’s Queen Victoria and King Edward VII. Courtesy Emile Garcin Properties

€48 million Le Chateau Malet off Monaco is a bargain — in pictures


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Le Chateau Malet, built in 1892 for Sir Edward Malet, who at the time was Britain’s ambassador to the German empire, is on the market for a cheaper €48 million compared with its €75 million price tag two years ago.