MonacoCapital: Monaco
Language(s): French
Population: 33,000
Total Area: 2 km²

Monaco, officially the Principality of Monaco, is a sovereign city-state, located on the French Riviera in Western Europe.

If there's a global real estate downturn, it isn't visible in Monaco, home of the super-rich. Since the beginning of 2006, prices have risen by an average of 51% during the 30 months to June 2008, according to Global Property Guide research. Before this latest spurt, Monaco's property prices had risen by over 10% a year during the previous decade.

The British have returned to Monaco in numbers not seen for a long time, elbowing out the Russians, who till recently were the top buyers. Monaco's prime residential real estate market is in Monte Carlo, which is famous for its Place Du Casino. The most prestigious area is the Carre D'Or" (Square of Gold) around the Place Du Casino. Prices drop by between ten and fifteen percent as one heads east or west of this point.

Fontveille, an economical and industrial district, has a supplementary discount due to its less noble access, although the fact that the environment is constantly evolving assures a similar evolution in perceived values.

Acquiring property in Monaco is quite straightforward. There are no restrictions on foreigners purchasing real estate.

 

drmlogo 1

Follow us

BloggerGoogle+LinkedInPinterestFind Us in Slideshare and enjoy our PresentationsTwitterDRMprefab in WordpressYouTubeFacebookTumblrStumbleuponFollow us in ScribdFind us on InstagramFind us on DailyMotion

Contact Details

Canada HeadQuarters
Address: 7888 Saba Road, Richmond, B.C.
Canada V6Y 0A2
Tel: +1(604) 782-5545
Caribbean Islands
Saint Lucia, MyHome LTD
Address: Cas en bas or Gros-islet
Castries, Saint Lucia
Tel: +1(758)724-6868
 
Haiti
Agent: Yvon St-Martin
Directeur Yvon Services Immobiliers
Address: 69, Rue 17 I-J, Cap-Haïtien, Haïti
Mob/Whatsapp: +509 4078-8676
Mob: +509 3809-3815
Latin America
Agent: Pedro Ignacio Soto Gonzalez
Address: Circunvalacion Durango 383/401
Montevideo - Uruguay
Tel: (+598) 29163483
Fax: (+598) 29163509
Mobile: (+598) 92041688
Oceania
Papua New Guinea
Agent: John Nado
Address: Port Moresby, Papua New Guinea
Tel: (675)73302159
 
Kiribati
Agent: Kantaa Randolph
White Wing Construction
Address: P.O. Box 361 (Bik),
Abarao village, Tarawa Island
Kiribati
Mob: +686 730 67877
North Africa
Agent: Naser Ghoma
Address: Air port road , Tripoli
Mob+Viber: 00218954142692
Mobile: 00218945130540