Kate Moss - Moss Eyeing $32 Million Paris Property

British supermodel KATE MOSS is reportedly set to splash out $32 million (£20 million) on a palatial home in France in order to be closer to Paris' thriving fashion scene.

The beauty has properties in London and the Cotswolds in the U.K., where she lives with her seven-year-old daughter Lila - and she's now looking to expand her portfolio to include a sprawling apartment in France, according to Britain's Daily Mirror newspaper.

A source tells the publication, "Kate has told model agency bosses she wants to be at the heart of the fashion world. She loves Paris and always stays at the Ritz whenever she's in town. After 34 years in London, Kate feels it's time for a break - and cannot wait to immerse herself in the Parisian way of life.

"She found a gorgeous penthouse apartment in the most fashionable part of town - and immediately put an offer in, and paid the requisite deposit to hold it. The plan is for her and Lila to move in spring. Initially it will be used as a weekend getaway but she then has the option to move there full-time."