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Exploring Monaco: Unveiling the Intricacies Beyond Glamour

5 Intriguing Aspects of Monaco Revealed

The Principality of Monaco, nestled within its compact two square kilometers, holds more than meets the eye. Beyond the glamorous events, opulent yachts, and Michelin-starred restaurants, Monaco harbors a rich history and a trove of lesser-known anecdotes. Here are five captivating aspects that add depth to the allure of this extraordinary city-state.

  1. Royal Succession Peculiarities In adherence to the Monegasque Constitution, Monaco follows the tradition of male primogeniture in the order of succession. This unique rule placed Prince Albert II ahead of his older sister, Princess Caroline, upon the demise of their father, Prince Rainier III. Similarly, Hereditary Prince Jacques, born minutes after his twin sister Princess Gabriella, takes precedence in the line of succession. Notably, National Day on November 19th, chosen by Prince Rainier III, pays homage to his Patron Saint and his enthronement—a tradition upheld by Prince Albert II.

  2. Monte-Carlo Owes Its Glamour to a Woman The iconic Monte-Carlo owes much of its charm to François and Marie Blanc. Arriving in Monaco in 1863, they envisioned transforming the struggling principality into a premier tourist destination. While François managed finances, it was Marie who unleashed her creativity, giving birth to landmarks like the Hôtel de Paris and the Café de Paris. Named in honor of Prince Charles III, Monte-Carlo continues to exude international prestige, thanks to Marie's visionary contributions.

  3. Accessible Monaco Beyond Opulence Contrary to its reputation as a playground for the wealthy, Monaco offers accessible experiences for all. Many establishments can be visited without charge, and the city's small size allows affordable travel by foot or bus. With a 'national priority' policy, Monegasques enjoy state-owned housing at favorable rates, employment priority, and free medical care. Visitors can explore budget-friendly options in neighboring towns while still enjoying the allure of Monaco.

  4. Hub of Wealth and Affluence With 12,000 millionaires among its 37,000 inhabitants, Monaco boasts the world's highest concentration of wealth. A combination of a dream setting, robust security measures, and favorable tax policies magnetizes ultra-high-net-worth individuals. Notable residents include Sir Stelios Haji-Ioannou, founder of easyJet, and Sir Jim Ratcliffe, chairman of Ineos.

  5. Safety and Longevity Monaco stands out as one of the safest places globally, evidenced by the continuous decline in crime reported by the Sûreté Publique. Between 2019 and 2022, overall crime dropped by 9%, with street crime experiencing a significant 34% reduction. Complementing this safety is an exemplary healthcare system, contributing to Monaco claiming the top spot globally for life expectancy. Residents, on average, live to 89 years, surpassing the French average by seven years.

Monaco, with its blend of history, accessibility, affluence, safety, and longevity, unfolds as a multifaceted gem on the Mediterranean coastline. Beyond the glittering facade lies a captivating story that adds depth to the allure of this unique principality.

Check out our agency's exclusive offers below or contact us for more information at:

Phone +377 97 97 33 97 

Whatsapp: +33 6 40 62 65 76

Email: info@mpmonaco.com

Monaco - Monaco

Price
2 490 000 €

Area 48 m²
Bedrooms 1
Bathrooms 1
Product location La Rousse - Saint Roman
Sold

Price
3 000 000 €

Area 85 m²
Bedrooms 2
Bathrooms 1
Product location Condamine

Price
13 900 000 €

Area 230 m²
Bedrooms 3
Bathrooms 2
Parkings 2
Product location Fontvieille

Price
1 900 000 €

Area 40 m²
Bathrooms 1
Product location La Rousse - Saint Roman

Price
1 500 € /month

Area 25 m²
Product location La Rousse - Saint Roman
Rented

Price
5 500 € /month

Area 66 m²
Bedrooms 1
Bathrooms 1
Product location La Rousse - Saint Roman

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Issue 05 | 2023

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