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Inside The $387M Monaco Penthouse

 

When we talk about luxurious living, we think of massive estates, cruise ship, sized yachts or buildings, so large, that would make medieval kings blush. You know what doesn’t get enough, love penthouses, and why not? They can be just as luxurious and expensive as any mansion.

Just ask jeff bezos in his 80 million dollar new york penthouse. So to properly appreciate the effort it takes to turn the top of a building into a palace in the sky. We’ll, be taking a look inside one of the most luxurious penthouses ever constructed the odeon penthouse in monaco.

Welcome back to our channel before we begin make sure you have subscribed and ring that bell. So you never miss a video from us. The odeon penthouse, nicknamed sky, sits at the top of a skyscraper known as the odeon tower.

This penthouse is one of the most expensive apartments in the world. It’s more expensive than the most expensive penthouses in new york and los angeles combined. It costs 387 million dollars that’s more expensive than most mega mansions in the united states, with such an insane asking price.

Something fishy must be going on here. How can apartments like the odeon penthouse exist in monaco and why on earth does it cost that much let’s find out? Shall we about the odeon tower the odeon tower or latur odeon is a double skyscraper in monaco.

You know monaco right. It’s that country that was on the tip of your tongue, but you couldn’t quite remember. It turns out there’s, been an unofficial ban on skyscrapers in monaco since the 1980s, making the odeon tower the first skyscraper to be built in the last 30 years and an incredibly controversial one as well.

People usually don’t like when your giant building is casting a shadow on historical landmarks. Regardless of the controversy it was completed in 2015., standing at 170 meters tall with 49 floors, 259 residences, 10 subterranean levels and 543 parking spaces.

The tower comes fully equipped with its own restaurants, offices, wellness center fitness center and swimming pool. Honestly don’t come to live here. You may never want to leave. I know i wouldn’t, but we’re, not here to talk about the odeon tower.

Are we we’re more interested in what’s, going on at the top of the tower about the sky penthouse? As we’ve established, the unfathomable asking price of 287 million dollars has skyrocketed this property to be one of the most expensive apartments in the entire world sitting.

On top of the second tallest building in europe’s, mediterranean coastline and being located in a country with incredibly high property prices is just part of the justification for such an asking price.

The sky penthouse has taken luxury to new heights and has created an entirely new and unique way of approaching pentos architecture. This penthouse has a remarkable 35 500 square feet of space. It’s. Five stories tall and provides a 360 degree view of the sea.

All this in a town where just 90 square feet could go for up to one million dollars. I’m, a little surprised. They aren’t charging more for this place. You might not agree with me on the sky. Penthouse’s worth that’s, fair.

How about we take a tour of the property and you allow me to try to change your mind and hey when we’re done. You might just grab those 387 million dollars. You’ve got lying around and head on over to monaco sky penthouse tour developed by the group marsoco and designed by the architect, alexandre giraldi.

The people who brought this building into existence are probably banned from post offices for pushing the envelope too far. The sky penthouse occupies the 45th to the 49th floor of the odeon tower, which might have something to do with the fact that it’s.

5 stories tall, like i mentioned earlier, the apartment comes with a rooftop deck and a massive circular infinity pool with its own water slide that descends from the dance club between you and me a pool tethering on the edge of a 170 meter tall skyscraper is scary Enough without a water slide – and yes, there is a dance club inside this apartment because who lives in an apartment without throwing sick parties.

The dance club isn’t just intelligently, separated from the rest of your incredibly expensive apartment. It’s. Also strategically placed next to the pool. Suffice it to say: alexandre giraldi definitely knows how to party the apartment comes with several bedrooms and bathrooms, like most apartments do, but, as we all expect, the odeon tower doesn’t do normal.

The bathrooms all have rainfall showers, marble, jacuzzis, toilets with bidets and floor-to-ceiling windows that allow you to stare out into the beauty of the mediterranean. While you drop a log talk about a bathroom break with a view, the bedrooms, as you can imagine, are also impeccably designed and luxuriously furnished, so you and your staff can enjoy sleeping in bedrooms fit for royalty.

Oh did i forget to mention the sky. Penthouse comes with three staff bedrooms for the full-time staff that comes with the apartment. These five floors of space are not going to be cleaning themselves.

After all, after paying 387 million dollars, the developers of this apartment, weren’t about to make you lift a finger for anything. The staff services available include a chauffeur, a caterer to work in all five of the apartment’s, kitchens and a 24-hour concierge.

I have a theory about the construction of the penthouse. I think the architect of this apartment must have taken a bet to see how much fun and luxury a person can fit into one apartment, and i think he won, because the sky penthouse comes fully loaded with amenities.

That would put some hotels to shame it’s, got a private cinema big enough to fit about 10 people with chairs that look more comfortable than my living room. Sofa. This apartment also has a state-of-the-art gym.

That also gives you a gorgeous view of the city and the sea, and when you’re done absolutely wrecking yourself on the elliptical. You can walk on over to the sauna and afterwards take a soak in the indoor pool all available inside this one apartment is the penthouse worth it if it isn’t already clear this penthouse wasn’t built for the average citizen In fact, just a regular apartment on the top floors of the odeon tower will run you upwards of 25 million dollars.

I think it’s fair to say that with an asking price of 387 million dollars, the target customers here are billionaires. So is the sky penthouse worthy of billionaire status, to figure that out let’s, compare how the sky penthouse stacks up against the penthouse owned by the richest man on the planet.

Jeff bezos in 2019, jeff bezos purchased a luxury penthouse in new york, known as the crown much like the sky penthouse. It has multiple levels and is part of a prestigious skyscraper. The sky pentos is superior in quite a few respects and the fact that it cost 387 million dollars, while jeff bezos spent 80 million dollars purchasing the crown isn’t justification enough.

However, that’s, not the only place this guy penthouse has it beat either the crown has about 16 000 square feet of living space, while the sky has 35 500 over twice the size. This is expected, as the sky has five levels compared to the crown’s, three, that’s, not to say jeff, bezos purchased, some ordinary penthouse either the crown does come with amenities like a ballroom, a library and a very cute dog Bed, but it’s better to say the sky, penthouse, absolutely trounces, the crown and the sheer amount of amenities it provides.

Two pools. A dance club and a water slide is a win in my book. The sky penthouse is clearly bigger, more luxurious and more expensive than the penthouse of the richest man on the planet. I think that makes it billionaire worthy, but why is it so expensive, though? Why is the sky penthouse so expensive? Recently, monaco has seen an increase in high-income individuals moving to the country.

They go there for all sorts of reasons. The beaches, the tourist attractions and, most importantly, its lack of income tax, wealth, tax and capital gains tax being a tax haven, would obviously attract anybody willing to avoid one of life’s, two certainties but gaining residency in monaco.

Isn’t. Something any old millionaire can acquire. You need to open a bank account and deposit at least 500 000 euros. You also need to prove that you have somewhere to live in monaco and with these property prices i don’t.

Think under a bridge is a sufficient answer. Plus you have to live there for at least six months before you can use monaco as a tax haven. So it’s, not much of a surprise that nearly 35 out of every 100 monaco residents is reportedly a millionaire with an increasing population of very wealthy individuals.

Property prices have been increasing as well. The cost of property in monaco is about 105 000 per square meter. I mean a parking spot at the odeon tower costs 290 000 and it doesn’t come with a free car either.

If you are wondering why people would be willing to live in such an incredibly expensive penthouse there, you have it one of the most expensive penthouses in the entire world. So what do you think about the sky penthouse? Is it worth the cost? Is there any billionaire? You can picture living there or are you going to snag it for yourself? Please comment below and if you enjoyed this video, do leave us a like and check out the king luxury channel for more videos all about luxury thanks for watching and we’ll see you next time.

 

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