REAL ESTATE

Summary: Americans, Asians, Middle Easterners, and Latin Americans are not very interested in the real estate market and residency in Monaco, despite it being a cosmopolitan territory with over 140 different nationalities. Full Story: Monaco is known for its cosmopolitan nature, with residents from over 140 different nationalities. However, it appears that Americans, Asians, Middle […]

Summary: Overnight road closures will take place for a major resurfacing project on Avenue Hector Otto in Monaco. Full Story: The government of Monaco has announced overnight road closures for a major resurfacing project. Starting Monday, October 28, Avenue Hector Otto will undergo five nights of resurfacing work as part of a rehabilitation effort following

Summary: A minor fire breaks out at the construction site of the Mareterra district in Monaco. Full Story: A minor fire occurred on the evening of Tuesday, October 22, at the construction site of the Mareterra district in Monaco. The fire originated on the balcony of an apartment under construction in the upscale development. Local

Summary: Monaco is launching a road resurfacing campaign in order to maintain the quality of its streets, with operations planned to minimize disruptions. Full Story: Monaco’s Directorate of Urban Development has launched a road resurfacing campaign aimed at maintaining the quality of the Principality’s streets. The campaign will take place from October 21 to November

Summary: Monaco updates regulations on housing assistance and state-owned housing to provide more favorable support for residents. Full Story: The Prince’s Government of Monaco has announced updates to the regulations regarding National Housing Assistance and State-owned housing. The aim is to better cater to the housing needs of residents and provide more favorable support in

Summary: The Government of Monaco has made improvements to the housing support programs, including changes to the calculation of benefits, assistance to surviving spouses, and excluding certain income for dependent students. Additionally, the reference rent prices have been updated. Full Story: The Government of Monaco continues to improve its housing support programs, making adjustments to

Summary: A shortage of rental properties in Monaco has caused prices to skyrocket and many customers to be on a waiting list. Full Story: The demand for rental properties in Monaco is currently booming, leading to a shortage of available apartments. As a result, prices are skyrocketing, and many clients are left waiting. This scarcity

Summary: Renting an apartment in Monaco comes with specific considerations regarding pricing and profitability. Full Story: Monaco’s rental market is unique and requires some important considerations. When renting an apartment in Monaco, understanding the pricing and profitability is crucial. Monaco is known for its high property prices, with average rental prices per square meter being

Summary: New furnished apartments available for rent in the Art Deco building Pavillon Maurice in Monaco, ranging from EUR 8.5k to EUR 65k per month, with delivery in January 2025. Full Story: Monaco’s Pavillon Maurice is offering 8 new furnished apartments for rent, with prices ranging from EUR 8.5k to EUR 65k per month. This

Summary: Monaco’s real estate market has declined due to various factors, but experts remain optimistic about recovery despite global challenges. Full Story: Monaco’s real estate market has experienced a decline in transaction volumes since 2023 due to factors such as interest rates and international tensions. Furthermore, there is cautious observation of the potential impact of