Monaco Real Estate News
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.
What is the most expensive estate in Monaco?
The most expensive apartment in the world: Tour Odéon penthouse: Le Tour Odéon penthouse, located in the upscale La Rousse neighborhood of Monaco, is widely considered to be the most expensive apartment in the world. With an estimated value of 335 million euros, the penthouse is a symbol of luxury and exclusivity in the world of high-end real estate. The property even boasts a mini nightclub that connects to an infinity pool via a water slide.
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.
OFF-MARKET PROPERTIES IN MONACO
Many of the world's most valuable properties are sold off-market . An off-market property offers a unique opportunity to acquire a magnificent property that is highly sought after. Many of Monaco's most exclusive properties are sold off-market to buyers looking for something unique and extraordinary. The professionals at Monaco Properties illustrate how they can help you find an off-market apartment in Monaco.
Off-market properties in Monaco are frequently sold by the richest people in the world who do not want to publicize the fact that their property is for sale. Concerns about privacy and security are common motivations for wanting to sell off-market. Instead of using more traditional public marketing techniques, the seller will work with a trusted real estate professional and rely on the agent's relationships to find interested and qualified buyers.
NEW LARVOTTO BEACH: TRANSFORMING THE AREA
The new project unites the Larvotto both at waterfront level and at the level of the Promenade-Princess Grace Avenue, resulting in a public space of 15,000 m2. In addition to the 10,000 m2 of restaurants, cafes and shops, the iconic Blue School occupies a prominent place with additional functions for children, creating a dynamic environment that will attract people all year round. The avenue is surrounded by Mediterranean umbrella pine vegetation. The Director of Urban Development expressly stressed that the rehabilitation work should aim to "reclaim the public space" of this famous place in the Principality. As a result, there is a new cycle path, over 130 trees for shade and a range of amenities such as a nursery, gym and diving school. Thanks to the restoration of the site for ease of access, people with reduced mobility and disabilities can now enjoy the beach.