Now Listed: The Most Expensive Apartment in the World – NMP
Industry News

Now Listed: The Most Expensive Apartment in the World

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!
About the author
Phil Hall
Link copied
Published
Oct 13, 2016
Get the NMP Daily
Regulation and Compliance
States Tighten Mortgage Rules For Home Equity Investments

Massachusetts, Maine, and Illinois are expanding oversight of home equity financing

States are tightening their oversight of home equity financing arrangements that give investors a share of a property's future value, with Massachusetts becoming the latest to impose new requirements on certain shared-appreciation mortgages.A regulation that took effect Nov....

Continue reading
Operations
FICO vs. VantageScore: Lenders Gain More Options to Qualify Borrowers

Informative Research reports active use of Classic FICO and VantageScore 4.0 as lenders expand scoring options

Mortgage lenders are beginning to put expanded credit score choice into practice, with credit reporting provider Informative Research reporting that its clients are actively using both Classic FICO and VantageScore 4.0 to evaluate mortgage applications.The Stewart-owned comp...

Continue reading
Renew your NMLS License — for free.

Enjoy access to a free NMLS renewal class when you attend an in-person event.

Find an event
More from
Industry News
Strong Jobs Report Threatens Mortgage Rate Rally

October hiring more than doubled expectations, pushing Treasury yields higher

Industry News
Nov 06, 2026
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Industry News
Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Industry News
Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Industry News
Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Industry News
Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Industry News
Oct 09, 2026