Inside A $387 Million Penthouse In Monaco

[Music] it's no wonder that a country where one in three residents is a millionaire is home to the most expensive apartment in the entire world the penthouse at tour odeon in monaco is worth 387 million dollars and comes with everything you'd ever need from an outdoor dance floor and water slide to stunning views of the mediterranean sea and all the luxury yachts you could dream of but this gorgeous apartment is only a slice of the riches monaco has to offer here's what life is like living in the most expensive apartment in the most luxurious country in the world the uber exclusive apartment at tour odion tower has been nicknamed the sky penthouse and it's not hard to see why taking up the top five floors of the luxury residential building from the 44th to the 49th this dream apartment comes with 360 degree views of one of the world's richest cities from a height of 557 feet or 170 meters located within the golden citadel right at the center of monte carlo the dream home overlooks the stunning coast of the principality of monaco with larvato beach and the ligurian sea right below so a beach vacation is literally only steps away from home the tour odion is also the tallest building that can be seen against the monaco skyline making the sky penthouse the most prominent residence in the entire country tour odion is actually the second tallest building on europe's mediterranean coastline and was the very first skyscraper allowed to be built in monte carlo making the sky penthouse a unique purchase for anyone who has almost 400 million dollars to spare the price might seem a little outrageous for an apartment but let's just take a look inside at what it has to offer the 35 000 square foot apartment has five luxury bedrooms to choose from and three extra bedrooms made specifically for the apartment staff which includes a chauffeur caterer concierge and several maids the master suite itself is bigger than most studio apartments and features its own sitting area and walk-in closets meanwhile each bathroom features bidets and rainfall showers plus floor-to-ceiling windows jacuzzi tubs and stunning views of the mediterranean while you're washing up there's an astonishing view from every single room in this unique home making it look like something straight out of a modern fairy tale when it comes to food each floor of the penthouse has its own kitchen and dining area fit for a chef so you can do your own cooking but you won't ever have to there's also a private cinema where you can bring all your closest friends and enjoy your professionally made snacks and since public gyms are no longer cool you can take advantage of your state-of-the-art gym complete with a sauna indoor pool and massage room there are also balconies on every floor of the penthouse offering outdoor seating areas to enjoy the warm weather and fresh sea breeze but the best part of the penthouse that would have to be the rooftop if you're buying an apartment that's over 500 feet in the air you definitely want a good rooftop hangout this place has not one but two rooftop pools that are connected by a twisting water slide that's right a water slide if that's not worthy enough of an epic rooftop pool party then there's also an outside bar and a dance floor this party area provides a view of the famed french riviera and placed the casino so you and your guests can be tempted by a last minute gambling trip and drinks along the coastline even though gambling is technically illegal for citizens of monaco but more on that later of course odion itself offers amazing amenities that the rich and famous take for granted in addition to the staff that comes with the penthouse there is daily dry cleaning valet and car washing services there are even people available to watch your kids when you don't want to there is a private movie room and lounge dedicated to children that will keep the little ones occupied for hours whether you're busy with work or enjoying a night out for added convenience you can access all of these services with the integrated touch screen built into each of the building's 70 luxury apartments of course the grandeur of the building isn't only for show the opulent lobbies are paired with state-of-the-art business lounges so you don't have to bring your work home with you the building offers its own spa service in case your own private massage room gets a bit boring there's also an odion cafe so you can grab a quick pick-me-up before enjoying a long day of being filthy rich and since tour odeon was only completed in 2015 you can expect only the most luxurious and modern surroundings and features from this one-of-a-kind residence so why is monaco home to the most expensive apartment in the world it's actually a pretty obvious choice since monaco happens to be one of the richest countries where real estate is incredibly expensive in fact just under 90 square feet of living space will cost you more than one million dollars the price of the sky penthouse actually seems more reasonable when you look at the average real estate prices in monaco most normal apartments in the city state cost between 2.2 million and 22.3 million dollars higher-end penthouses go for an average of 55 million dollars 387 million dollars is definitely the top of the barrel but when everyone owns an ultra luxurious million dollar home it seems a little less over the top monaco's gdp per capita is one hundred sixty five thousand four hundred twenty dollars the second highest in the world it's estimated that one in three people or thirty two percent of all people there are millionaires it's also an uber private country with an area of just point seven eight square miles and a population of thirty eight thousand three hundred that's smaller than central park in new york city in an area that's small there are about 12 261 millionaires it's so high class that it's not surprising that people who aren't millionaires don't usually want to live there despite the gorgeous surroundings and top-notch service industry basically it's a rich person's paradise with that in mind it's no wonder monaco has been nicknamed billionaires playground with an abundance of luxury yachts glitzy casinos and exciting events the world's richest flock there for some fun or to settle down and create an extra luxurious life for themselves more than 75 percent of monaco's residents are foreign-born and one of the ways the country attracts so many rich citizens is because it's a tax haven where the citizens pay no income tax this makes monaco the perfect place for some of the world's richest functions like the formula one grand prix the monte carlo arts festival and the rolex tennis masters one of the events monaco is most famous for is the monaco yacht show the world's wealthiest including some big-name celebrities travel here every year to see the most luxurious high-tech yachts take over the waterways many of the yachts cost hundreds of millions of dollars and are owned by celebrities such as ringo starr and formula one driver lewis hamilton the tour odeon penthouse offers an impressive view of the yacht show every year in addition to the most expensive yacht show in the world monaco has the most expensive street in the world avenue princesse grace with an average price of 17 750 dollars per square foot the street is named after the famed actress grace kelly who married into royalty and became the princess of monaco the notoriety of this street has turned into monaco's most glamorous neighborhood and since everything in monaco is glamorous that's really saying something a day in monaco looks like this shopping boating fine dining and time soaking up the sun on the picturesque beaches there are open air markets open daily and the restaurants there serve up some of the best seafood in the world the world's wealthiest like to spend their days at the luxurious metropolis shopping center before spending their nights at the most popular nightclub on the french riviera jimmy z's where celebrities like leonardo dicaprio and lionel richie have both been spotted with all that money walking around monaco has had to up its security not that there's a lot of crime there anyway monte carlo claims to be one of the most high security cities in the world with a 24 hour video surveillance system that covers the entire town and one police officer for every 100 residents there are also some strict rules that citizens have to follow to keep the quality of life so good since gambling can become an addiction and soak up the wealth of even the richest there is a country-wide ban on gambling for all citizens of monaco they can't even step foot inside a casino unless they work there that must be hard given that place do casino is one of the most luxurious gambling houses in the world but perhaps some strict rules are good because monaco also has the highest average life expectancy in the world at 85.8 years being rich might not buy you good health but it certainly doesn't hurt with a good health care system and tons of wellness centers and spas it's no wonder citizens there live a relaxed life and since monaco is located right between france and italy it's the perfect gateway spot for the rich wanting to live close to major countries while still having a private home that they don't have to pay taxes on sounds like a dream come true for the elite since the new owner of the most expensive apartment in the world has chosen to remain anonymous we can only imagine what life really looks like when you get to call the sky penthouse and monaco your own private paradise how would you take advantage of everything tor odion has to offer is monaco now one of your bucket list destinations let us know in the comments and don't forget to hit that like button and subscribe to the richest for more thanks for watching and we'll see you next time

Channel: TheRichest

Views: 450,061

Rating: 4.9083247 out of 5

Keywords: therichest, sky penthouse, most expensive apartment, tour odeon monaco, monte carlo skyscraper, luxury living, world’s most expensive, billionaire’s playground, luxury penthouse, luxury apartment, penthouse tour, monaco yacht show

Id: KUwAvIOAHx0

Length: 8min 42sec (522 seconds)

Published: Fri Sep 11 2020