Monaco is one of the world’s most luxurious destinations for yachting, motor sport and gambling. A home to more millionaires than any other place on Earth, with more than 2,000 currently residing in the Principality. Ever since the global financial crisis of 2008, the world housing markets have seen a slow recovery. However, Monaco is once again enjoying record residential sales since the global recession.
Most famous of all is of course the Monaco Grand Prix, which sees top Formula 1 teams such as Red Bull and Ferrari tear round the streets of Monte-Carlo, a hair’s breadth from our portfolio of luxury Monaco real estate, every May.
The Yacht Club de Monaco will soon have a superb new venue on Quai Louis II in Port Hercules. The location of the building, close to some of the finest Monaco luxury real estate, looks set to maximise the waterfront’s potential as both a tourist and business destination. We take a closer look at this inspirational project, shortly due for completion.