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.
|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 €|
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.
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.
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.
From October to April temperatures are at the lowest on the Cote d'Azur, even if they rarely fall below 10 degrees.
Moreover, it is during this period that the Cote d'Azur records the most precipitation.
From April to September, temperatures range from 20 to 30 degrees. The months of June and September are the most pleasant, temperatures are slightly lower and their tourist power of attraction is less important.
From July to August, with more than 800 hours of sunshine, this is the most beautiful period to stay on the Côte d'Azur.
It is also the most popular period for tourists from all over Europe.
The Formula 1 Monaco grand Prix is one of the oldest and most prestigious motor racings in the Principality of Monaco. Traced in urban area, the circuit is 3.34km long. However, it is necessary to reach the end of the 78 laps and their 260km to be awarded the victory. It can be said that all the drivers have a desire to win one day this race, considered the slowest and hardest course of the F1 World Championship. The biggest teams compete each year on this circuit and the 2016 winner was Lewis Hamilton from MERCEDES team. The 2017 edition took place from 25 to 28 May 2017
Every year in April, the Principality of Monaco hosts the clay tennis tournament named: Monte Carlos Rolex Masters. This event is very prestigious and one of the most important of the world tennis, it is the first one of the category ATP world tour masters 1000. In 2017 took place the 111 Edition of the tournament, won for the tenth time by the Spanish and world number 4, Raphael Nadal.
Monaco Yacht show is an international event of Yachting which takes place every year in the Port Hercule of Monaco.
Every year, this large gathering of enthusiast people sees more than 125 unique and exceptional pieces exhibited during the show.
The entire Yachting industry is present and is gathering during the MYS in order to unveil 40 world novelties.
This event is an opportunity for sellers to bring a unique experience to potential buyers by inviting them on board for cocktails and other dinners.
The MYS is therefore 4 days of exhibition, gathering more than 500 exhibitors for more than 30 000 visitors
Casino of Monte-Carlo is a prestigious "Belle Epoque" style casino built in 1863.
It attracts a prestigious and international customer base thanks to its history, its location, its unique decoration and its offer of complete sets of slot machines and table games.
It is possible in summer to play on the terrace while enjoying the exceptional view on the Riviera.
The casino area has also three restaurants, offering typical Mediterranean dishes and thus completing the offer of Casino Monte Carlo.
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, ...