Ukrainian billionaire Rinat Akhmetov has closed the most expensive residential deal in the world. He bought an apartment in Monaco worth 471 million EUR.
The property is located in Le Renzo within Mareterra - the newest project in Monaco, which since the end of 2024 has been attracting wealthy people from all over the world. The total built-up area of the apartment is 2,500 sq m. It has 21 rooms. Akhmetov will have a private pool, a jacuzzi and will have 8 parking spaces.
The prices of properties in Mareterra exceed 100,000 EUR/sq m, and the monthly rent can reach 150,000 EUR per month. For comparison, the average prices per square meter in the most expensive housing market in the world are around 52,000 EUR. The main reason for the high price is the chronic shortage of properties and the great interest of the world's richest people.
Akhmetov's holding company, System Capital Management (SCM), confirmed the deal, but refused to give details about the price.
Akhmetov's fortune is estimated at nearly 6 billion EUR, according to the Bloomberg Billionaires Index. His wealth is a result of the development of SCM - the largest industrial conglomerate in Ukraine, with interests in steel, mining, energy and real estate.
The next most expensive transaction registered on the world property market is in London. It is a mansion of British businessman Nick Candy in the elite district of "Chelsea". The deal is worth nearly EUR 317 million.
Detailed statistics on average property prices in Bulgaria by city and neighborhood can be found at imot.bg