Global home sale record quietly broken in Monaco

by The Real Deal

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

Share on Social Media

Christopher Greco

Christopher Greco

Broker Associate License ID: 0680437

+1(973) 406-4603

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Christie's International Real Estate, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.