There are some places in the world where owning a property is a little more than a necessity – it’s a luxury statement. One such location is the prestigious principality of Monaco. It is situated on the beautiful French Riviera and is famous for its excellent tax system – no income tax for individuals.
In this extremely densely populated country a new luxury apartment has emerged on the market, with an asking price of €42.5 million ($56.4 million). It can be found in the Fontvieille marina, and it offers unobstructed access to the harbor. It is part of the plush Palazzo Leonardo, which means that the new owner will also enjoy access to amenities such as 24-hour concierge service, swimming pool, and top-notch gym.
The dwelling has 4 guest bedrooms, which can be easily converted for other uses, such as separate quarters for staff, study, or home theater. The owner will enjoy a luxe master suite with dressing room, and a huge bathroom with hammam and separate shower. Other conveniences include lift access, superb panoramic views, and a lovely terrace accessible from every room. A true gem, indeed.
