A luxury penthouse in Monaco has been rented for € 600 000 per month.

The only apartment of its kind, located on the Odeon Tower, the tallest building in the Principality was recently rented by an unknown client for € 600 000 per month.

The apartment occupies three levels and has 3,500 sq. m. of living space and 1,500 sq. m. of terrace. In addition to numerous bedrooms and bathrooms, the tenant will have pools inside and outside the apartments, a cinema hall and a glass sauna, looking out over Monaco. It costs stunning € 315 million. In fact, for the current moment this penthouse is the most expensive real estate in the world. No wonder, there is no one wishing to pay this price for this apartment and it has been empty since construction was completed in 2015.

The Odeon Tower is one of the most impressive buildings that have been built in Monaco in recent years, a skyscraper not far from Larvotto Beach in the Monte Carlo area. The Odeon Tower, or known locally as La Tour Odeon, is a 49-story concrete-glass tower developed by Marzocco group and designed by Monegasque architect Alexandre Giraldi. There are a total of 60 apartments for rent and sale, including this five-story penthouse. Residents living in La Tour Odeon enjoy 24-hour concierge services, a business center, spa, and a restaurant.

The Larvotto area in which the tower is located is an architectural landmark of Monaco. It is situated the coastline and offers apartments with beautiful views of the sea and proximity to the beaches and the center. The peculiarity of this region of Monaco is that 90% of the building belongs to the famous Monegasque Pastor family.

Therefore, there are more chances to rent than to buy real estate. In any case, apartments for rent are rare, tenants are more likely to wait for an offer on the waiting list.

The Marzocco group, owing the apartment has officially confirmed the fact of the lease, but nothing is known about the identity of the tenant and the amount of payments.

According to Nice-Matin reporters, an average rental price in the Odeon Tower is € 100 – 120 per sq. m., so the rental price should exceed 350,000 per month. Nevertheless, different sources call an amount of € 600,000 per month!