Now Listed: The Most Expensive Apartment in the World – NMP Skip to main content

Now Listed: The Most Expensive Apartment in the World

Phil Hall
Oct 13, 2016
La Tour Odeon

Well, here is one property that might need a Super-Duper-Jumbo Mortgage: the world’s most expensive apartment is now up for sale.

According to a report in Mansion Global, a five-story penthouse in the pricey Principality of Monaco, is on the market for $335 million. Located on the 45th through the 49th floors of La Tour Odeon, Monaco’s tallest building, the apartment encompasses 31,500-square-feet and includes a roof deck and an infinity pool with a waterslide. The building’s amenities include 24/7 concierge service, a private cinema or screening room, valet parking, a private shuttle service with a Mercedes-Benz fleet and a soon-to-be-opened upscale restaurant from Cipriani.
 
If the apartment sells at its listing price, it will surpass the record for luxury apartment sales achieved in New York City in April 2015 with a unit that sold for more than $100 million. But there is one caveat on this newly listed residence: anyone moving into this swanky pad needs become a full-time resident of Monaco. But, hey, there are worse places to live!
Published
Oct 13, 2016
Chairman Xu Sells Off Personal Assets To Avoid Default

The Evergrande saga continues as Chairman Xu Jiayin sells off 7 billion yuan ($1.1 billion) of his personal assets to prop up the deflating property giant.

Industry News
Nov 23, 2021
OptiFunder Secures $25 Million In Capital

OptiFunder, a warehouse management system provider for mortgage originators, raised $25 million in additional capital lead by Arthur Ventures, a growth capital firm focused on high-growth, founder-led and capital efficient B2B software companies.

Tech
Nov 23, 2021
Mortgage Company Donates $100K To High School In Memory Of Fallen U.S. Navy Corpsman

Cleveland-based CrossCountry Mortgage donated $100,000 to Milan Edison High School in memory of U.S. Navy Corpsman, Maxton W. Soviak, who died while assisting in the evacuation of Americans and refugees in Afghanistan in August.

Community
Nov 23, 2021
MISMO Seeks To Standardize Pre-Closing Title Data

Forming workgroup to focus on standardizing document datasets to streamline process and increase efficiency.

Industry News
Nov 23, 2021
Pandemic's Impact On Real Estate Around The World

Although the impact of the COVID-19 pandemic on the real estate industry has been well-documented within the United States, it’d be prudent to know how the global event impacted other countries as well. 

Industry News
Nov 22, 2021
Housing Market Potential Strengthens Modestly

First American Financial Corporation's Potential Home Sales Model for October 2021 reported that potential existing-home sales increased 0.1% month-over-month to 6.27 million, with household formation continuing to grow, largely driven by millennials.

Analysis and Data
Nov 22, 2021