Monday, December 13, 2010

$9,730,000 – Monte Carlo, Monaco

Only the ultra-wealthy can afford to buy property in Monaco, a small sovereign nation in the South of France. The rich flock to this country because it’s a tax haven, meaning residents pay no income tax. To find out just how wealthy Monaco is, read this article, about a condo that sold for over $300 million. The apartment that we are going to tour today is priced at a “mere” $10 million, priced at a fraction of what Safra’s penthouse sold for. Boasting a fabulous Golden Square location, 1 bedroom, 1 bathroom, and 1,200 square feet, this place, which has a beautifully designed interior, is priced at a whopping $8,400 a square foot. Thoughts, anyone?
Click herefor the listing and more photos.