The Caribbean's most expensive home just went on the market for $200M – see inside

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The Terraces estate is located on the small private island of Mustique, where Princess Margaret once built a villa and serves as a private hideaway for the rich and famous.

"If Mustique is the quintessential, private island paradise, The Terraces, being the largest and most visually prominent property on the island is not just one of the Caribbeans foremost houses, but arguably one of the world’s foremost homes," Edward de Mallet Morgan, head of super-prime sales at Knight Frank, said in a statement.

Inside the estate, the listing details hand-painted ceilings and "a series of painstakingly executed murals, painted by French artist Jean-Claude Adenin, that add a chic, continental maximalism."Many of the nine spacious bedrooms boast wraparound verandas and ensuite bathrooms, while the walls feature "ornate, hand-painted florid murals exquisite wallpaper.

"Mustique is an island where incredibly high-profile people go for incredibly low-profile holidays – and don’t post about it on social media," de Mallet Morgan explained. "The paparazzi is banned on Mustique and the easy, relaxed interaction of royal families, rock stars, celebrities, business moguls and entrepreneurs is really unique to Mustique."

It’s a place "where doors are not locked and no one bats an eyelid when you arrive at dinner barefoot," he added.

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