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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Property of the Month: Pure Luxury in the Odeon Tower

A Monaco property rental puts you at the heart of the glamorous French Riviera. Due to space limitations the natural inclination is to build upwards, which has led to the construction of some incredible buildings with sea views. Now the tallest building in the Principality, the Odeon Tower, has a stunning apartment for rent high above the Monte-Carlo skyline.

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Property of the Month: Bourgeois Apartment for Sale in Monaco

Property of the Month

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As one of the leading Monaco real estate agencies, we at La Costa Properties Monaco pride ourselves on offering the finest properties for sale and rent in the Principality. This month, we are proud to offer this delightful bourgeois apartment for sale in Monaco. The spacious 6/7 bedroom 200m2 apartment has been completely refurbished from top to bottom in a classic yet fashionable style and boasts high ceilings throughout. The exquisite finish in every room means that anybody interested in the property could move in at a moment’s notice without any renovations or adaptations necessary. Key design features of the apartment include several large glass doors that flood each and every room with light, a great fireplace acting as a centrepiece for the room and a bold crystal light in the kitchen. Continue reading