Monaco Starts a €2 billion Project to Build More Luxury Housing

Those interested in buying or renting luxury real estate in Monaco have exciting opportunities on the horizon, with the recent commencement of a €2 billion project of land reclamation from the sea. The Portier Cove development will create a peninsula with 15 acres of new land for luxury apartments and green public spaces.

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New €50 Million Architectural Project Approved in Monaco

The skyline of Monaco is set for some more change. A dramatic new project has recently been unanimously approved by the communal councillors. The privately managed project is controversial because it involves the demolition of four historic Monaco properties to be replaced by a complex called L’Ecrin de Malachite. The investor is Russian oligarch Vladimir Melnichenko, who initially applied for permission to undertake the game-changing project in December 2016.

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Opening the Door: Monaco’s Real Estate Market

The Monegasque Property Market

It’s widely known that the wealth of luxury real estate in Monaco attracts the most affluent buyers from all over the world. There’s certainly no sign that this is set to change in the near future, as the region has so much to attract the super wealthy and those accustomed to the most luxurious of lifestyles. A centre of commerce and offering everything even the most discerning of clients could ask for in terms of work and play, it’s earned solid status as a world-class property hotspot.

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Taste the High Life Over Monte Carlo: Dinner in the Sky

Dinner in the Sky

One of the latest gastronomic trends is set to transform Monaco’s Casino Square from 7th to 16th July, as Dinner in the Sky visits the Principality. While the adrenaline-inducing dining experience is not for the faint-hearted, the innovative new culinary treat will be enjoyed by 600 lucky diners from the Terraces of the Casino de Monte-Carlo and will offer stunning views over the Monte Carlo property for sale and the Mediterranean Sea. Continue reading

2017 Monaco Grand Prix with La Costa Properties Monaco

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The Monaco Grand Prix 2017

On Sunday 28th May 2017, the 75th edition of the Monaco Grand Prix dazzled onlooking spectators in the luxury real estate around the streets of the Principality. Under the intense heat of the Mediterranean sun, the biggest names in the world of motorsports battled it out to clinch the central spot on the podium. Following a practice day on Thursday 25th May on the notoriously treacherous Grand Prix circuit, and various races from GP2 and the Porsche Mobil 1 Supercup, the F1 competition began in earnest when participating sportsmen trialled against the clock on Saturday 27th May, competing for pole position. Continue reading