As we embark on the early days of 2022 and embrace the possibilities that a new year affords, it’s the perfect time to look for new property investment.
Search volume on Google for keywords around real estate spikes early in the year as property investors start their real estate search after the festive period. This is especially true for on-demand destinations such as the Principality of Monaco – the world’s most expensive and sought-after real estate hot spot.
Real estate agencies seeking to capitalise on this trend tend to advertise their top listings during the period between the new year and Easter when interest and demand are at their highest.
For these reasons, early in the new year is the best time to buy Monaco real estate. Not only will investors benefit from a selection of the finest property for sale, but they will also have all the purchase legalities settled by the end of spring, enabling them to move in and enjoy Monaco’s superb summer weather. And for those with children, it also allows them to be all moved in and ready for the start of a new school year in September.
While you might begin your search with a bit of browsing online, the absolute best way to find prime properties in Monaco is by working with a reputable real estate agency, especially as many of Monaco’s finest properties are sold off-market.
In addition to having extensive knowledge of the principality’s property market, bona fide agents can assist as you search for a property that uniquely meets your needs.
Elegant luxury developments are found in the most desirable districts of Monaco, drawing the attention of the world’s wealthiest to prime real estate.
Among the highly anticipated luxury properties are those being developed in the waterfront eco-district of Mareterra Monaco, formerly known as Portier Cove Monaco. The development, scheduled for completion in 2025, will include 110 apartments, some with penthouses, and 10 villas, surrounded by lush gardens. Additionally, Mareterra Monaco’s pedestrian-only promenade leads to the newly developed family friendly Larvotto beach, just a short stroll away.
Larvotto is also the lively district where you’ll find the elegant Bay House, part of the Testimonio II development scheme. Scheduled to open in 2024, the two towers with their modern wave-like design will occupy nearly 10,000 square metres from Boulevard d’Italie to Avenue Princesse-Grace. The 54 Bay House apartments and five exquisite villas, each with a private roof garden and pool, will offer the ultimate in luxe living.
Another stunning development is L’Exotique Monaco in the Jardin L’Exotique district, known for its cliffside commanding views of the sea and, as the name implies, its exotic hanging gardens. These sea-facing residences feature expansive terraces and abundant tropical foliage. A two-storey penthouse offers grand panoramic views, as well as a rooftop pool and solarium.
High-net-worth individuals seek out Monaco property on the Côte d’Azur for a myriad of reasons. In addition to its stunning location, Monaco has many attributes that make it one of the best places in the world to live.
There’s the Mediterranean climate, of course, but there is also safety and security (with one police officer for every 100 residents and 24/7 video surveillance throughout the principality); financial advantages (no personal income tax or capital gains tax); full 5G coverage throughout the country (and ease of connection to the IoT); high-quality healthcare and education; and an overarching commitment to sustainability.
Now’s the time to consider buying Monaco property, with so many new developments in Monaco and listings are at their peak in this post-holiday period. It’s prime time for finding a residence at one of the most prestigious addresses in the world, with outstanding amenities and access to all the five-star services the principality has to offer.
Contact a reliable agent and start searching for your perfect Monaco property.
Information sourced by the author for luxuryactivist.com. All content is copyrighted with no reproduction rights available. Images are for illustration purposes only.