The World’s Most Expensive Apartment set to Open in Monaco

By on 7th September in Home Inspiration

A penthouse apartment that is currently under construction in Monaco is set to be the world’s most expensive apartment when it reaches its completion. The price tag of the five-story, top-floor apartment at the Tour Odéon, a skyscraper that’s under construction in Monaco will be an estimated (and eye-watering) $400 million, which roughly converts to £240 million. 

Penthouse Apartment

The apartment has multiple pools (for when one just isn’t enough), unbeatable views and even the inhabitant’s own private disco, though oddly enough, a communal gym which will be shared with other residents of the building. If that doesn’t put you off from making a bid, you can enjoy views of the coastline from the gym and other parts of the building from the floor-to-ceiling windows and outdoor terrace.

Penthouse Views

At 35,500 square-feet, the penthouse is almost $11,000 per square foot. The actual advertisement brochures alone for the development cost the company $1000 each to produce. Luckily for the developers of the construct however, nearly 30% of Monaco’s inhabitants are millionaires, so finding a buyer shouldn’t actually be too difficult.

Living Room in Penthouse

The new skyscraper will be Monaco’s first skyscraper construction in 30 years, so it’s no surprise they want to make a (slight) impression. According to Yahoo! Homes, the current price tag of the penthouse is almost twice that of the current record holder, a unit in London’s One Hyde Park that sold for $223 million

Penthouse House Swimming Pool

Developer Niccolo Marzacco told Challenges, “A property like this one is bought, it is not sold​.” The future owner of this apartment will accommodate in September 2015, and can get a glimpse of life in their new home from the photo-like artist renderings of the building, which will be 170 meters above sea level. 

Bedroom in the Penthouse

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  • maria crump

    I think that this fundraiser of mine is more important than the views i have on a very nice apartment

    Wow if they create something like that just think of what the future holds
    Maria x

    http://mariacb1000ft.wix.com/wedding-wishes
    LADIES NIGHT
    2nd Fundraising event
    This is for my friend who has aggressive lung cancer
    Steven is very poorly and im trying my bit for my friend so he and his long term partner can hopefully get married
    Money is very tight of course with hospital parking fees and taxis there is not a lot to play with
    This is where i come in
    and with your help we can do this
    I’m laying on a few fundraisers to help raise enough for my friends
    Check this night out and what you get for your money
    FANTASTIC xxx