Global home sale record quietly broken in Monaco
A few weeks ago, an anonymous buyer appeared to set a world record for most expensive home purchase. Turns out, it may not have even been within $200 million of an earlier deal kept under lock and key. Billionaire Rinat Akhmetov, the richest man in Ukraine, bought a five-floor luxury apartment at the Le Renzo building in Monaco’s Mareterra district for $554 million, Bloomberg reported. The deal closed in 2024, the same year the development was inaugurated by Prince Albert II. The 21-room property on the waterfront spans 27,000 square feet, excluding the balconies and terraces overlooking the Mediterranean Sea. […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

New York City halts office-to-resi conversion at 222
Broadway

DOJ launches criminal investigation into camps owner Simad
Holdings, David and Michael Shabsels

Deal Diary: 9 Years, 39 Doors, and $20K a Month in Cash
Flow—Here’s How Jefferson Simmons Built His Portfolio

One Rental Property Saved Me From My 100-Hour
Workweeks

The “Repeatable” Strategy That Helped Him Buy 6 Rentals in 6
Months (Working 9-5)

Cash Flow vs. Appreciation: What Should Beginners Focus on?
(Rookie Reply)

6 Reasons Why Buyers Walk Away After Touring a Home

Location vs Property Size: What Matters More When Buying a
Home?

Low-Maintenance Living: Top Features That Make a Home Easier
to Maintain

Rybak bucks 485x slump with 500-unit Coney Island
development


