Everything you need to know about buying parking in Monaco
As a high-density city state, parking in Monaco is always in high demand. Many luxurious apartments come with a dedicated parking space, however you may consider parking for sale in Monaco if you need parking for more than one car, or simply as an investment.
WHY BUY PARKING IN MONACO?
Finding a spot to park in Monaco can be challenging, especially as there is a lack of on street parking.
Additionally, while you may be lucky and find an on street space, many people with a luxurious car want the peace of mind that a secure parking space can bring. Indeed, when searching for parking in Monaco note that almost all parking spaces are in dedicated secure underground parking garages, often with 24/7 security. Almost all of Monaco’s highly sought after building apartments come with dedicated parking, including Tour Odeon, La Stella, La Simona, and La Petite Afrique.
Savvy investors also often opt to search for additional parking in Monaco simply as an investment opportunity, as parking space can offer a high return on investment, requires a very limited amount of maintenance, and is very easy to sell on due to high demand for parking in Monaco. Additionally due to Monaco’s compact size you can go everywhere on foot, meaning you can leave your car safe and secure in its dedicated parking space, ready for longer journeys outside of the principality.
WHERE TO BUY PARKING IN MONACO?
If you are considering buying parking in Monaco, consider the benefits of each of Monaco’s districts.
For example, Fontievelle is a popular district for families. Monaco’s westernmost ward it is home to the Fontvieille Shopping Centre, the Heliport, and the famous football stadium Stade Louis II. Another popular district with families is Larvotto, home to the wonderful Larvotto beaches, as well as the stunning Japanese Gardens. For those that seek parking in Monaco that is within the very epi-centre of the principality, consider a parking space in Monte-Carlo, home to some of Monaco’s most iconic landmarks, including the famed Monte Carlo Casino and Hotel de Paris.
This world-famous location is also home to some of the world’s most luxurious and coveted brands, making this a great spot for parking in Monaco if you wish to shop until you drop! However, whichever district you opt to park in Monaco you’ll find getting around effortless, with convenient elevators dotted throughout the principality.
HOW TO FIND A MONACO PARKING FOR SALE?
There are a number of options to obtain a parking space in Monaco.
Many opt to buy an apartment with a garage space, or, buy a parking space separately. Whichever option you choose, you’ll need a professional real estate expert to help you in your search. La Costa Properties Monaco are experts in Monaco’s real estate market. Our team of experts are renowned for having a deep understanding of Monaco’s luxury real estate market and have a large portfolio of parking spots for sale and garages in Monaco. Contact our team today to find your ideal parking place.