Blog on real estate in Monaco
Why invest in monaco?
Monaco is an attractive destination for investment due to several reasons. Firstly, the tax advantages in Monaco are significant for residents, with no income tax, wealth tax, or capital gains tax. Secondly, the country has a stable constitutional monarchy and a business-friendly government, providing investors with a sense of security and predictability.
What is the price trend for property in Monaco?
The price trend for property in Monaco has been consistently upward over the past decade. Despite fluctuations in the global economy, the high demand for property in Monaco, combined with the limited availability of land, has led to a steady increase in property prices.
What can you buy with 1 million euro in the most sought-after places in the world compared to Monaco?
The most sought-after places in the world are typically some of the most expensive real estate markets, so what you can buy with 1 million euro can vary greatly depending on the location. Let's take a look at what you can expect to buy with 1 million euro in some of the most sought-after places in the world.
How to rent an apartment in Monaco?
When renting an apartment in Monaco, certain documents, as well as liability and insurance, must be provided. If you are considering relocating to the Principality and renting an apartment, here are some useful tips to ensure a smooth process.
Why is it good to live in Monaco?
With its amazing coastline, mild climate, and luxurious lifestyle, Monaco is one of the most desirable places to live in the world. But what makes it so special? In this blog post, we will explore all the reasons why living in Monaco is a great choice and how it can provide a unique experience for those looking for an unforgettable life abroad. From its tax-free system to its vibrant culture, stunning scenery and world-class infrastructure, there is no shortage of reasons to consider making this small principality your new home. We will also look at other aspects of living in Monaco such as safety, education and career opportunities that make this Mediterranean paradise one of the best places to live.
MONACO 2022 - A SURPRISINGLY DYNAMIC REAL ESTATE MARKET
Against the backdrops of the war in Ukraine and rising interest rates, Monaco's real estate market remained surprisingly dynamic throughout 2022. A large number of transactions on quality apartments and with significant amounts were recorded throughout the year. Thanks to the rising number of new developments, from January to September 2022 the number of new apartments sold surged by 583.3% compared to the same period last year.
Mareterra Monaco: Inauguration of the Iconic Eco-District in 2024
Initiated in 2017, Mareterra reflects Monaco's vision of balancing urban growth with ecological responsibility. Its 6 hectares feature cutting-edge design by architects Renzo Piano and Valode & Pistre. With 110 apartments, 10 villas, and four townhouses, Mareterra offers unparalleled real estate opportunities.
NEW FONTVIEILLE SHOPPING CENTER IN MONACO
Major works are planned for the Fontvieille district in Monaco. The complete reconstruction of the Fontvieille shopping center is expected in 2027. This large-scale real estate project was entrusted to the Socri Reim group by the Principality of Monaco.
