The most expensive flat in history?

britexpat
By britexpat

British brothers sell Monaco penthouse for cool £200m

The most expensive three bedroom flat in history has been sold for almost £200m.

Reclusive British property developers Christian and Nick Candy are thought to have made a profit of at least £190m from La Belle Epoque penthouse in Monaco, on the French Riviera.

The British Candy brothers bought the flat from Lily Safra in the early 2000s, soon after her husband Edmond died in a mysterious fire inside the property. It cost a mere £10million .

It has now been snapped up on a 97 year lease at an asking price of €240 million (£199m) by an unnamed Middle Eastern investor, thought to be an Arab sheik.

In an interview last year Christian Candy admitted he had spent some £26m doing the flat up, turning it into one of the most desirable properties in the world.

With unspoiled views across Monte Carlo’s marina and the sea beyond, the two floor penthouse includes a double height library and vast roof terraces complete with mature 15 foot trees and infinity pool.

Full Story: http://www.dailymail.co.uk/news/worldnews/article-1311330/British-proper...

By anonymous• 13 Sep 2010 18:58
anonymous

ruby, you would probably have a better flat than this one...dont worry.:)

By ruby29• 13 Sep 2010 18:51
ruby29

brit can you arrange for an introduction ;) lol

By anonymous• 13 Sep 2010 18:49
anonymous

yeah brit..for the sheikh it was probably a good deal.

there's a crude saying in our dialect, if you got shyte in your bowels, you can do it anyway..

By britexpat• 13 Sep 2010 18:05
britexpat

Although the price is exhorbitant, what's surprising for me is the length of the lease..

By anonymous• 13 Sep 2010 17:27
anonymous

and don't you think edmond's ghost will haunt candy brothers..:)

lily was stupid to have sold the flat off..

By mageshjohn• 13 Sep 2010 16:45
mageshjohn

OMG...

this much money....

By Mr. Doha• 13 Sep 2010 16:23
Mr. Doha

OMG! EXPENSIVE FLAT!

well nothings new.. coz cost of living in europe is high.

By aneehs• 13 Sep 2010 16:22
aneehs

well if i got money to burn,i buy it.

its lovely and the spectacular view..just took my breath away.

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