WATCH ABOVE: Tour Odéon, a skyscraper being built in Monaco, features a five-storey penthouse whose price tag is estimated at close to $400 million. Take a tour of the lavish property.
Monaco is already known for its fast cars, luxurious boats and glamourous one-percenters looking to burn some cash at one of the city-state’s casinos.
But a new project may have even the super-rich doing a double-take.
At 170 meters, Monaco’s Odeon Tower (or Tour Odéon) will be the highest in the city-state and is the first high-rise building to be constructed in Monaco since the 1980s.
Architect Alexandre Giraldi dreamed up the project that features a double tower containing 70 apartment units (ranging from one to six bedrooms), floor-to-ceiling windows with 360 degree views of Monaco.
Photos, videos and descriptions of the tower, provided by the project’s developer, drip with luxury at every turn.
“To live at Tour Odéon is to indulge yourself in the ultimate lifestyle,” promises the project’s website.
But there’s luxury – and then there’s the penthouse.
At five-storeys and more than 3,300 square metres, the Sky Penthouse will reportedly boast multiple swimming pools, a health centre and private staff (including a chauffeur and caterer).
Don’t feel like walking to take a dip? No problem. There’s a slide that leads from a dance floor into an infinity pool.
Various estimates put the price tag for the penthouse anywhere from $387 to $440 million.
Background on the Tour Odéon
High-rise construction was ditched in the 80s after a few controversial designs graced the skyline.
Then-ruler Prince Rainier III reportedly ordered the stop of tall towers over worries they would mar the character of the seaside principality.
In 2009, Rainier’s son Prince Albert II gave the go-ahead to build the Tour Odéon.
Work on the tower began in November 2009 in the midst of the economic downturn. Real estate developer Groupe Marzocco indicated on the project website that construction would be completed by the end of 2014.
The project has been met with some criticism, ranging from complaints that it ruins the view from neighbouring towns and concerns over the shadows the building will cast.
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