Buying property in Monaco is the ultimate real estate purchase. The Principality of Monaco is regarded as the playground of the world’s rich and famous and is considered the most expensive place to buy real estate. Indeed, according to a recent report by the Real Estate Observatory Report, the average Monaco property price per square metre now stands at a record-breaking 52,000 Euros – the highest in the world.
The world’s richest choose to make a Monaco property investment for several reasons. Not only does Monaco real estate offer a sound return on investment, but the principality’s favourable tax regime and economic and political stability make it a safe haven in a volatile world. Additionally, residents enjoy a lavish lifestyle unmatched anywhere else on the planet, with access to award-winning Michelin-starred restaurants, lavish resorts and spas, designer boutiques, and world-class events, including the iconic F1 Monaco Grand Prix and Monaco Yacht Show in Port Hercules, home to the world’s finest superyachts.
So, what do property investors look for when buying property in Monaco? They seek luxury amenities and services that enable them to enjoy the best of luxury living in the principality. And, in a destination known for limitless levels of luxury, the principality more than delivers, with stunning residences that offer world-class amenities.
Here are some amenities investors seek when making a Monaco property investment.
Buying property in Monaco; the five most favourable amenities
1 – Concierge services
Concierge services are among the most requested amenity, and many residences boast this service. A dedicated concierge service makes life effortless, facilitating day-to-day needs. A concierge will be able to help with gourmet food deliveries and dinner reservations, request chauffeur and housekeeping services, sign for deliveries, assist with any maintenance issues and act as a dedicated representative for visitors. A 24/7 concierge can also act as an additional layer of security.
2 – Swimming pool
A swimming pool is a highly requested amenity when buying property in Monaco. A residence with a swimming pool enables residents to make the most of the warm Mediterranean sun. Many pools are heated, enabling residents to enjoy them year-round, and often boast ample sun loungers for relaxation. Pools outdoors are often surrounded by lush gardens offering a tranquil haven of relaxation.
3 – Wellness centres
The trend for wellness sees no sign of abating, with many properties in Monaco boasting world-class wellness centres. These may include a fully equipped fitness centre with state-of-the-art gym equipment, a spa area with a hammam, treatment rooms, and dedicated areas for yoga and meditation.
4 – Underground parking
In such a compact destination, buying property in Monaco with a dedicated parking space offers the utmost convenience. Many of the finest residences in the principality boast underground parking, with many apartments featuring one or two dedicated spaces. Underground parking offers a secure place to park your car and the ability to easily access your vehicle without worrying about inclement weather.
5 – Security
While the principality has an exceptionally low crime rate and a reputation for being one of the most secure places in the world, 24/7 security offers residents additional peace of mind when seeking an apartment for sale in Monaco. Many residences boast round-the-clock security guards and state-of-the-art surveillance systems.
There is no question that buying property in Monaco opens the doors to a luxury lifestyle and world-class amenities.