Born in Caudry, in the north of France, the owner of an apartment estimated at 7.5 million euros donated it to his hometown on his death.
It’s a great surprise for the municipality of Caudry! The small town of the North is the happy beneficiary of a testamentary bequest estimated at… 7.5 million euros. Indeed, the stylist Louis Sandras decided upon his death to offer his hometown his Monegasque apartment.
Louis Sandras might have gone into exile in Paris and then in Monaco, but he had never forgotten his roots. The stylist had also during his lifetime offered a new ground to the municipality of Caudry, of which he was the former director of the football club. In his will, he bequeathed his Monegasque apartment to his hometown.
“A very nice gift“
The property had been managed since his death in 1985 by his wife, the seamstress Héléna Beauvilain. The latter having died this summer, the apartment returns to the city of Caudry. ” It is really a beautiful gift, very beautiful gift“, Said to France-Blue Frédéric Bricout, the mayor of the city.
And for good reason: the donation of 7.5 million euros is equivalent to a quarter of the municipality’s budget! No wonder when you know that the price per square meter in Monaco is the most expensive in the world. Despite the real estate crisis, the average price per m2 in the Larvotto is still estimated at 47,619 euros.