kˈæp fˈɛɹæt wʌz nˈeɪmd ɪn tˈuː θˈaʊzənd twˈɛlv æz ðə sˈɛkənd mˈoʊst ɛkspˈɛnsɪv ɹˌɛzᵻdˈɛnʃəl loʊkˈeɪʃən ɪnðə wˈɜːld ˈæftɚ mˈɑːnəkˌoʊ.
Cap Ferrat was named in 2012 as the second most expensive residential location in the world after Monaco.