“Monaco is one of the most widely known hubs for the world’s wealthiest, setting records for the most expensive luxury real estate properties around the world,” according to findings in our recent Global Luxury Residential Real Estate Report with Wealth-X. Located on the French Riviera in Western Europe, Monaco is home to some of the world’s most exclusive events for ultra-high net worth individuals, from the Monaco Yacht show to the Monaco Formula One Grand Prix. Bordered by France and the Mediterranean Sea, Monaco is a premier luxury tourist destination and has “the highest proportion of residences owned by ultra-high net worth individuals based outside of the country,” according to the report.

“Over the past two years, the Monaco real estate market has seen an incredible boom thanks to an influx of new residents looking for a financially stable environment with a high quality of life. Sotheby’s International Realty France-Monaco’s multi-lingual team has assisted clients from dozens of different countries including Italy, Germany, Russia and the UK, negotiating multi-million purchases from €2,000/square meter to more than €8,000/square meter.”—Alexander Kraft Chairman & CEO Sotheby’s International Realty France-Monaco

Price Upon Request | Monte Carlo, Monaco | C.I.C. Immobilier Monte-Carlo Sotheby’s International Realty

Spread out over three levels, this exquisite villa offers captivating views of the sea. With spacious living and dining areas, rooftop terrace, and a summer kitchen among its amenities, this home truly speaks to beauty and refinement that is living in Monaco.

3.500.000 € EUR | Monte Carlo, Monaco | C.I.C. Immobilier Monte-Carlo Sotheby’s International Realty

With unrivaled views of the Port of Monaco and the Rocher, this prestigious residence is in one of the most sought after locations within Monaco. The property includes concierge service, a swimming pool, and is designed with an incomparable modern eye.

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Source: Posted on March 26, 2015 by Erik Weinbrecht