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There's a 5-story penthouse for sale in Monaco and it's yours for $335 million-plus
A five-story penthouse in Monaco's tallest building is just one of several new properties springing up in the tiny European principality to cater for the surge of the super-rich moving to Monaco. The number of people living in Monaco with net assets above $30 million has soared by 62 percent in the past decade with as many as 2,200 of the country's 40,000-strong population now worth over $10 million, according to data from market researchers, New World Wealth. This growth a factor in an average property price spike of 27.8 percent over the past five years, according to data from Knight Frank and the Monaco Statistics ... (full story)