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Monaco


France - French Riviera

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Monaco - French Riviera

City-State, Monaco is the second smallest independent country in the world, more commonly known as "the Rock". Located along the Mediterranean Sea, halfway between Nice and the Italian border, Monaco is a true city of luxury and beauty that mainly lives off tourism and especially business tourism. "The rock" enjoys a Mediterranean climate, warm and gentle all year round. The city is known for the famous and prestigious Casino of Monte Carlo, its games and its Formula 1 Grand Prix, but also for the size and the lust of its infrastructures. Monaco is present on the stage of world luxury, a very large number of millionaires resides in the Principality and thus benefit from constructions and services of very high standing: the tower Odéon sky Penthouse is nothing more that the most expensive apartment in the world.

Apartment House
Surface type (Av.): 150 m2 200 m2
Min price (Av.): 2,000,000 € 5,000,000 €
Med price (Av.): 4,000,000 € 10,000,000 €
Max price (Av.): 14,000,000 € 35,000,000 €
Market overview

Even though market prices have declined over the last five years, considering it to be stalled, the market has been stable since 2014. It allowed a slight increase in prices. This stabilization has led to an increase in available offers at more competitive prices. As a result, in areas such as Nice, Antibes and Cannes, the number of transactions is up. Saint‐Tropez hadn’t been spared, after having exceptional years, and experienced crisis. But since 2016 transactions has begun to restart. Today, investing in Cote d’Azur is also a guarantee of profitability. In addition, foreign buyers have favorable legislation and benefit from the euro decrease against dollar. These elements allowed to relaunch a market frozen since few years.

Who buys?

Cote d'Azur attracts a clientele of wealthy local families, liberal professions workers, business leaders or senior managers, as well as a diversified international clientele looking for quiet, green and close location to the city center for holidays, with an easy access and many cultural activities.

Buying basics

Before any investment, international foreigners must approach an industry professional to know the conditions related to this investment.
The professional must first collect the primary information of the buyer: his nationality, his country of residence, his professional situation and his matrimonial regime.
Members of the European Union and countries signatories to a special agreement with France, benefit from special regimes.
On the other hand, foreign buyers do not need to constitute a company to benefit from another status and therefore depend on a different legal and fiscal regime.

The PRESTIGE MLS agents

French Riviera
Discover Hotspots in French Riviera

Located in the South-East of France, Côte d'Azur covers part of the Bouches du Rhone, the Var department, the Maritimes Alps and the Principality of Monaco.
Its geographical position gives it the advantage of a Mediterranean climate, soft and sunny.
Moreover, Cote d'Azur benefits from a wide range of landscapes: the charm of its sunny beaches, the Calanques of the Provences coastline, which offer a protected and idyllic panorama, but also landscapes made up of valleys dedicated to the agriculture and vines.
All these elements make the Cote d'Azur a place highly appreciated by foreign investors.
The activities developed by tourism and economics activities allow prestigious real estate, hotels, ...

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