Monaco real estate is amongst the most sought after in the world, with limited space within the Principality keeping prices high and ensuring that all real estate in this tiny sovereign state will always remain an investment. The majority of property for sale in Monaco is found in modern apartment blocks, many of which offer sea views, excellent facilities and 24-hour concierge service. But there are still a small number of prized luxury villas for sale in Monaco, with small gardens and even their own private swimming pools. Bar none, all homes in Monaco are within a short walk from the Mediterranean Sea, whether in Fontvieille, Monaco-Ville, Monte-Carlo and La Condamine - the four districts that make up the Principality of Monaco.
It is well documented that Monaco is the second smallest countries in the world. It measures just over 2km2, with every possible piece of land having been used to build luxury apartment blocks and prestigious homes for the international population that resides here. It may be small, but it is a wonderful place to live, with a cultural, sporting and gastronomic agenda that is second to none and a climate that promise at least 300 days of sunshine per year. It is hardly surprising, therefore, that property prices in Monaco are amongst the highest in the world.
What Makes Monaco One of the World’s Best Places to Live
Monaco frequently tops lists as one of the best places in the world to live. Here are five reasons why:
Favourable taxation rates.
Safety: the Principality is one of the safest places on the earth to live, with a very low crime rate and a very high ratio of policemen to residents.
Luxury Real Estate: although only the size of New York’s Central Park, Monaco is home to some of the most luxurious real estate in the world. In the New York Post, the Odeon Tower has just been named as the most appealing place to live.
Beauty: Monaco sits on the Mediterranean coast, sandwiched between the French and Italian Rivieras. As a destination itself it is breathtaking; within a short drive are some of the most picturesque and stylish resorts in Europe, such as Cannes, Saint Tropez and Portofino.
Business: living in Monaco means that you are perfectly situated to travel to most European cities for business. The Principality is just 30 minutes drive from Nice Cote d’Azur Airport, France’s second largest airport and a hub for international flights.
Top Annual Events in Monaco
Monaco has become known as a magnet for international jetsetters, many of whom visit the Principality to attend its popular social, sporting and luxury events. The calendar is full year round, but here are three of our favourite annual events in Monaco:
The Monaco Grand Prix, held every May.
Top Marques Monaco, a supercar and luxury show held every April.
Monaco Yacht Show, held every September.
How to get to Monaco
When driving in from France:
Continue on A8 from Nice towards Monaco.
Take exit 56-Monaco toward Monaco/Cap-d'Ail/Beausoleil.
Continue onto A500.
Continue on D6007.
When driving in from Italy:
Follow A10/E74/E80 and A8 to Route de la Turbie/D2564 in Roquebrune-Cap-Martin, France.
Take exit 58-Roquebrune from A8.
Take D51, Route de la Moyenne Corniche/D6007, Boulevard de la Turbie/D53 and right into Avenue de Verdun.
Good to know
The nearest airport is Nice Cote d’Azur International airport, which is a 30 minute drive by car.
If you need to get there more quickly, however, you can charter a helicopter from the Heliport in Fontvieille. The journey by luxury helicopter takes just 7 minutes.
The Principality of Monaco has its own football team - AS Monaco - which last season finished third in the French Ligue 1.