Yes, but you've missed something. It is LHD and in Switzerland. All LHD cars are exceedingly rare, particularly ZT-T's and all R75V8's, so on the strength of scarcity alone, the price being asked is not surprising ... or did you think the price was too low perhaps?
Earlier this year 2 XPG ZT260's (not ZT-T) sold in the same part of Germany and coincidentally on almost the same day. Mileage was almost identical too, and photographs appeared to indicate a similar (very good) condition. Bot one was LHD and the other RHD.
The market is only to a degree 'international', and local market pricing generally takes the priority.22/02/2018 *** Assumed SOLD, Listing ended *** (Original listing 03/01/2018, Weddingstedt, Germany, LHD)
2006 MG ZT260 SE, XPG, LHD, 145,700 Km., Euros 16,980, VIN ???
23/02/2018 *** Assumed sold, no longer listed *** (Originally listed 21/02/2018, Norderstedt, Germany, but RHD)
2004 MG ZT260, X-Power Grey, 150,000 km, Euro 7,900, VIN ???
Check out the entire list, Complete List of 260s SOLD in 2018, and you will see what I mean.
As far as this particular car is concerned, you must remember that Switzerland is not a member state of the EU, which adds an extra dimension of cost and complexity to the possible solution of importing a car from another LHD-country, boosting Swiss market prices.
David