28-03-13

World's Most Expensive Penthouse?





A penthouse set on top of the 49-storey Odeon Tower (Tour Odéon) in Monaco could become the world's most expensive property per square metre when it will go on the real estate market in 2014.

The ultra-luxurious property is spread over a generous 5-floor space (3,300 sq metre) and includes a giant sized private infinity swimming pool, health centre and caterer.

According to a Christie's world luxury market report, Côte d'Azur recorded the highest percentage of both secondary home buyers (95 percent) and international and non-local buyers (90 percent). The report also rated Cote d'Azur as the area with the highest prices per square foot for real estate in the world.

Tour Odéon fast facts
• Height of tower: 170 metres
• Number of storeys: 49 (plus 10 underground levels)
• Number of private residences: 70 luxury apartments, 2 sky duplexes and 1 five-storey penthouse
• Total size of project: 60,000 sq m/645,800 sq ft
• Total size of residential space: 27,000 sq m/290,625 sq ft
• Total size of commercial space: 4,400 sq m/47,360 sq ft
• Work started: End of 2009
• Completion date: Expected late 2014
• Developer: Groupe Marzocco
• Architect: Cabinet Giraldi
• General contractor: Vinci Construction
• Interior designer: Alberto Pinto
• Landscape architect: Jean Mus
• Car parking spaces: 543