Luxury apartment sold for $471 million in Monaco.
A luxury apartment in Monaco sold for 471 million euros. It is the most expensive property ever sold. The sale is linked to concerns about money laundering.
The apartment is located in the Mareterra district of Monaco. The property cost over 60 million euros. Authorities are investigating if illicit funds were used to purchase it. The high price raises questions about where the money came from. This sale is connected to the problem of ‘dark money’ in Monaco.
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Highlights
Record Monaco Apartment Sale
A luxury apartment in Monaco sold for 471 million euros.
Mareterra Location
The property is in the new Mareterra district.
Dark Money Concerns
The sale raises concerns about illicit funds.
High Price, Large Sum
The complex cost over 60 million euros.
Linked to 'Dark Money'
The development is linked to ‘dark money’ in Monaco.