A frame made by Princess Grace from a collage of dry flowers is proudly displayed in the grand master bedroom. The room’s TV also plays an exclusive black and white film montage featuring the star.

During the spring, the suite will be decorated with the princess’s signature roses.

Palatial penthouse

Enough of the romance and nostalgia. What about the luxury?

As you’d hope from a room that costs just under the average US annual salary per night, no expense has been spared.

The palatial penthouse has two luxury bedrooms with dressing rooms, two bathrooms complete with sauna and steam room, multiple lounges, a dining room and an office.

Floor-to-ceiling windows pull in plenty of natural daylight to illuminate the suite’s calming neutral color scheme, plush fabrics and gilded furnishings.

A curved staircase decorated with a crystal chandelier links the two floors of the duplex as well as a discreet elevator.

The lower floor of the suite occupies the hotel’s now completely revamped seventh floor. The upper deck, covering the entire eighth floor was added during the hotel’s refurbishment.

Building materials include mother-of-pearl inlays and high quality Carrara marble from Italy’s Tuscany region.

The hotel’s facelift forms part of renovations to an entire block surrounding the ritzy new One Monte Carlo office and residential development, which reportedly cost in excess of $782 million.

The actual cost of the Princess Grace penthouse remains a closely guarded secret.

“You are buying a dream experience. Dreams have no cost,” one member of the hotel’s team confided.

Such is the status of the Monaco seafront hotel, it’s remained opened throughout the extensive works — which began in 2014 and are expected to be finalized by September 2018 — as regular guests refuse to stay anywhere else on the Riviera.