Inside the world's most expensive apartment

Inside the world's most expensive apartment: Penthouse in Monaco's new Odeon Tower complete with water slide, private chauffeur and caterer will set back potential owner £240MILLION

Luxury flat is at the top of a skyscraper in Monaco overlooking the Med
The multi-storey penthouse is located in Tour Odéon, a 560ft tower
It will be the coastline's second tallest building when it is completed

A super-rich multi-millionaire will get to enjoy this incredible five-floor penthouse with a giant infinity pool and its own slide when it goes on sale next year.

The luxury flat at the top of a new skyscraper in Monaco that overlooks the Mediterranean will set its owner back around £240 million.

The multi-storey penthouse is located in Tour Odéon, a 560ft tower which will be the Mediterranean coastline's second tallest building when it is completed next year.

Luxury: The infinity pool with a slide attached at the penthouse flat in Monaco's Tour Odéon

Groundbreaking: The 49-storey skyscraper will be the second tallest building on the Mediterranean coast

As well as being equipped with a health centre, multiple swimming pools and an in-house caterer, the building will offer its residents a 24/7 concierge service and a private chauffeur.

But the penthouse is set to stand out even in the midst of such extreme luxury, with its slide which descends from the balcony into the infinity pool making it a veritable millionaire's playground.

Tour Odéon, with its 70 super-sized flats, is the first new skyscraper to have been built in Monaco since the 1980s.

Prince Rainier, who was then the country's ruler, decided to half the construction of tall buildings on the shoreline over worries they were destroying the principality's character.

Pricey: The flats in the building are aimed at the European super-rich who are unaffected by the recession

View: The Tour Odéon overlooks the clear blue waters of the Mediterranean Sea

Modern: Residents of the building have access to a catering service, 24/7 concierge and private caterer

VIDEO Interested buyers? Take a virtual tour of the new apartment

Take a virtual tour of the £250 million Monaco penthouse...

But in 2009 his son and successor Albert reversed that decision and greenlit the Tour Odéon project.

While its construction has not been halted by the global recession, Europe's economic troubles do seem to have affected the take-up of flats in the building, with just 18 having been sold so far.

And the tower has also been controversial among residents of Beausoleil, a neighbouring town on the other side of the border with France, who complain that it has ruined their views.

James Price from Knight Frank, which is handling the sale of flats in Tour Odéon, said: 'These duplexes and the penthouse are set to catch the eye of those looking for the very best properties across the world's leading markets.'