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The World’s Most Expensive Apartment Costs a Staggering $400 Million
Slated for completion in September 2015, the 35,500-square-foot quintuplex “Sky Penthouse” will tower over Monaco’s skyline at a height of nearly 600 feet. Expected to hit the market next year, the expensive penthouse is being developed as part of Monaco’s luxury-housing boom, fueled by the influx of millionaires and billionaires fleeing taxes and the collapse of financial-secrecy laws. According to a study by Spear’s magazine and WealthInsight, one in three of Monaco’s 38,000 residents are millionaires.
Luxury real estate company Groupe Marzocco is taking advantage of the growing property market with the Tour Odeon, a double-skyscraper that comprises 70 luxury apartments and was designed by architect Alexandre Giraldi. Overlooking the Monaco coastline, the five-floor Sky Penthouse will boast an incredible water slide that extends from an upper dance floor down to a circular infinity pool. The apartment will also be equipped with a health center, multiple swimming pools, a personal chauffeur and an in-house caterer.
Images via Tour Odeon
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