Blog on real estate in Monaco
The Legendary Inception: Recalling the First Monaco Grand Prix
Discover the thrilling origins and rich heritage of the Monaco Grand Prix in this captivating article. Journey back to 1929, witness the audacity of the drivers, and relive the triumph of the first winner in this iconic race that continues to captivate the world with its elegance and speed.
Get Up to Speed with the 2023 Monaco Grand Prix!
The highly anticipated 2023 Monaco Grand Prix is just around the corner, ready to captivate racing enthusiasts from around the world. Taking place on Sunday, May 28, this thrilling event will unfold over 78 heart-pounding laps on the iconic Circuit de Monaco in Monte Carlo. Get ready for an exhilarating race that combines precision driving, high speeds, and the glamorous backdrop of the French Riviera.
Monaco's Opulent Legacy: Unveiling Centuries of Rich History and Regal Heritage
Discover Monaco's opulent heritage as you unveil centuries of rich history and royal heritage. Explore the hidden treasures of this principality, iconic historical sites such as the Prince's Palace and Monaco Cathedral, which bear witness to its grandeur and splendour. Immerse yourself in a past full of intrigue and tradition, and be captivated by Monaco's royal legacy.
Understanding Property Taxes in Monaco: A Guide to Calculating and Managing Your Obligations
One of the major benefits of owning property in Monaco is the absence of property taxes. Unlike many other countries, Monaco does not impose any property tax on real estate owners. This means that if you own a property in Monaco, you don't have to pay any taxes on it to the government.
However, if you are renting out your property in Monaco, your tenants will be subject to rental property tax. The tax rate is 1% of the annual rent plus any applicable charges. This means that if your annual rent incl. service charges is €100,000, your tenants will have to pay €1,000 in rental property tax.
Beyond Price Tags: Understanding the Complexities of Property Valuation
Discover the best methods for property valuation in Monaco. Gain transparency and accuracy with MONACO PROPERTIES' adaptive appraisal techniques. Make informed decisions in the high-value real estate market. Contact us for a free property appraisal.
The Evolution of Monaco's Real Estate Market: From Humble Beginnings to a Global Icon
Monaco, a principality nestled on the French Riviera, has captivated the world with its glamour, luxury, and unparalleled lifestyle. Beyond its prestigious casinos and world-class events, Monaco boasts a real estate market that has played a significant role in shaping its identity and attracting discerning buyers from around the globe. In this article, we delve into the rich history of Monaco's real estate market, tracing its origins and highlighting key milestones that have transformed it into the prestigious market it is today.
Uncovering the Cultural Treasures of Monaco: A Journey Through its Museums, Galleries, and Performance Spaces
The Principality of Monaco is often synonymous with its opulent casinos and thrilling Formula One races, but this glamorous destination is also a thriving center for culture and the arts. With an array of world-class museums, local galleries, and performance spaces, Monaco caters to every kind of cultural enthusiast. Whether you're a connoisseur of classical art or a fan of cutting-edge contemporary installations, the cultural scene in Monaco is sure to delight and inspire you.
From Michelin-Starred Cuisine to Open-Air Cabarets: What's New in Monaco for Summer 2023
Monaco is about to become even more exciting this summer as it gears up to welcome several new establishments. From Michelin-starred restaurants to beach clubs with stunning waterfront views, and open-air cabarets offering delicious cocktails, the city has something for everyone. Monaco's upcoming summer season promises to be a vibrant one with new experiences to indulge in. So, get ready to explore the city's new culinary, entertainment, and fashion offerings and immerse yourself in the ultimate luxurious summer experience.
