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$323 Million La Belle Epoque Penthouse

by admin
July 20, 2022
in Home Improvement
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$323 Million La Belle Epoque Penthouse
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The La Belle Epoque Penthouse in Monaco is a very opulent top-tier property that pays homage to a no-expenditure- spared super-luxury real estate lifestyle. One of the most well-known structures in Monaco is the historical La Belle Epoque (beautiful era) building, which offers majesty and royal lineage.

The penthouse was dubbed the world’s most expensive private residential home when British luxury property developers Nick and Christian Candy sold the apartment to Sheikh Mohammed bin Rashid Al-Maktoum of the Dubai Royal Family for a record-breaking USD 323 million ( £200 million) in 2010.

In 2006, the Candy brothers paid a reported $16-25 million USD for it from Lily Safra, widow of Lebanese banker Edmund Safra, The exquisite designer style of Candy & Candy was used to upgrade the breathtaking penthouse, which promptly received a $40-50 million USD (£24-30 million) top to bottom renovation in just 18 months.

After establishing their firm, Candy & Candy, as one of the world’s most prominent high-end residential interior design and construction firms, the brothers were resolved to use their considerable skill and thorough knowledge in this ultimate personal endeavor. “When this penthouse came on the market, Chris and I were already living in Monte Carlo very happily,” Nick Candy told Architectural Digest magazine in a 2010 interview, “but once we’d seen it and appreciated its potential as the best flat on the planet, we knew it was our chance to make it happen.”

The innovative confidence and ambition to break with conventional decor aesthetics set the Candy & Candy design standard for bespoke luxury interior designs, making the La Belle Epoque Penthouse a contemporary replica of a historical palace suitable for a Medici or Versailles. 

The inside of the penthouse is designed after the golden age of arts, culture, and science, with sparkling hand-painted silk drapes, gleaming exotic wood floors with delicate marquetry inlay, cooling rare Italian marbles, platinum-leafed ceilings, and even soft suede skirting boards.

To take the full experience under your belt, be sure to go on a guided tour of the hotel’s finest, most unique features. When you enter the leather and cashmere-lined walls of the penthouse, you know you’re stepping into a realm of unrivaled elegance, splendor, and style.

A great manor house with a double-height library, movie panels that pop out of the walls at the press of a button, numerous walk-in wardrobe rooms, a leisure room with billiard tables and arcade games, a media room with special executive chairs that convert into beds and a jacuzzi and spa. Large roof terraces with stunning sea views, including 15-foot trees and an infinity swimming pool, are available.

The apartments’ sophisticated security measures include a panic room with reinforced glass and surveillance cameras. The 17,500-square-foot penthouse is located on the top two levels of the prestigious La Belle Epoque building, above three private banks that cover the first four floors.

The Belle Epoque Penthouse is not only the largest, but it is also the most spectacular and architecturally significant in Monaco; it’s also located in one of the principality’s most desirable areas, next to the Hotel Hermitage, with magnificent views over from Monte Carlo’s glittering megayacht-filled marina across the Harbour to Prince Albert’s hilltop palace.

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