Blog on real estate in Monaco
ZOOM ON THE LARVOTTO AND LA ROUSSE DISTRICTS
The Larvotto and La Rousse districts in Monaco are the heart of several urban projects that will profoundly transform the principality. A wise investor will not hesitate to understand that this is the place to invest. With the Odeon Tower, the second tallest building in the Mediterranean, offering the most expensive properties in the world, prices are being pulled up throughout the neighborhood. With two new urban projects under construction that will be completed in the coming years, the momentum of rising prices will continue.
MONACO REAL ESTATE MARKET TREND AND OUTLOOK FOR 2018
Average value of transactions on the Monaco real estate market [2000 - 2017]
Looking at 2017, the average value of transactions on the Monegasque real estate market decreased by 6% compared to 2016. This decline is the result of rising nominal interest rates in the United States and the quantitative easing program in Europe, both followed by rising government bond yields. Investors must therefore support higher interest rates on their investments.
Annonciade, 17, av. de l'Annonciade, MONACO
Nestled in the tranquil La Rousse - Saint Roman district of Monaco, L'Annonciade stands as a symbol of opulence and comfort. With round-the-clock concierge service and easy access to nearby beaches via a public elevator, it offers residents a luxurious seaside retreat. Experience refined living at L'Annonciade Monaco, where every detail exudes sophistication and serenity.
BEAU RIVAGE, PORT, MONACO
Nestled along Avenue d’Ostende, just a stone's throw away from the exhilarating first corner – St Devote, stands the iconic Beau Rivage building in Monaco. This architectural gem not only graces the glamorous streets of Monaco but also holds a unique position on the famed Monaco Grand Prix track, making it a prime destination for enthusiasts of both luxury and motorsports.
Buckingham Palace 11, av. Saint-Michel, Monaco
Nestled in the vibrant center of Monte-Carlo, the Buckingham Palace stands as a symbol of modern elegance. Its 12-story façade graces 11, Avenue Saint-Michel, offering residents easy access to the renowned Casino and its picturesque gardens, making it a coveted address in the heart of Monte-Carlo.
Roc Fleuri, 1, rue du Ténao, MONACO
Roc Fleuri - Luxurious building is situated at 1, rue du Ténao in the sought-after La Rousse - Saint Roman neighborhood. Prestigious address with its 11 floors and continuous concierge service, available 24/7.
Beverly Palace, 13, boulevard de Belgique, MONACO
Beverly Palace, a luxurious residence in Monaco's Moneghetti district, boasts breathtaking panoramic sea views of the harbor.
La Petite Afrique, Carré d'Or, Monaco
In the heart of Monte-Carlo's prestigious Carré d'Or, stands the elegant residential masterpiece, La Petite Afrique. Boasting 11 floors and a prime address at 1 Avenue de la Madone, this luxurious building, completed in 2016, seamlessly merges with its surroundings while offering unparalleled views of the Mediterranean Sea and the enchanting gardens of the Casino.
