The Principality of Monaco attracts customers from all over the world, always at the highest level. Demand is much higher than supply and as a result, Monegasque real estate prices are among the highest in the world, comparable to those of other exceptional real estate markets such as Hong Kong, New York or London.
In Monaco, there are almost no more building plots. Some areas, such as the Casino area, have sales prices for apartments exceeding €100,000 per square metre. However, if you are the happy owner of such an apartment, you can rent it for sporting events or even for holidays. The apartments located on the upper floor in residences such as Le Mirabeau, Le Métropole or Monte-Carlo Star offer a breath-taking sea view and luxurious amenities.
The districts of La Rousse, Saint Roman and Larvotto have the highest number of real estate projects. It is here that the extension upon the sea is taking place and that we find the most expensive apartments in the world in La Tour Odéon. Larvotto is the only district in Monaco with access to the beach and among the prestigious buildings in the district we can mention the Reserve.
It is rare to find apartments for sale on the Rock of Moanco. This district is the historical heart of the Principality and offers all its charm with narrow streets dating back to the Middle Ages.
Fontvieille, close to the major shops, restaurants of the port, Monaco’s heliport and the station is a family residential area.
The apartments in the waterfront buildings in the Condamine district attract Formula 1 lovers.
In Moneghetti and the Exotic Garden, on the heights of Monaco, the owners of apartments benefit from the proximity of the access to the motorway.
Apart from its advantageous taxation, there are many other advantages to live in Monaco. The Principality enjoys a Mediterranean climate with dry and warm summers and mild winters and of course a maximum of sunshine.
Some events, organized every year, are recognized all around the world. I am thinking of the 1000 Master of Tennis held in April, the “Monaco Yacht Show” in September and the Formula 1 Grand Prix in May.
Monaco is also a safe and very well secured place with a very low crime rate.
Becoming the owner of an apartment in Monaco will therefore offer you a safe and pleasant living environment.