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News & Press

Read the latest news and information in Monaco and  beyond.

Experience the Monaco Lifestyle: More Than a Prestigious Address

Monaco isn’t just a prestigious address – it’s a way of life. With its vibrant cultural scene, natural beauty, and unparalleled experiences, every day here feels extraordinary. Its prime location offers seamless access to the world, with Nice International Airport and Monacair premium helicopter transfers ensuring effortless travel. Plus, Monaco is the only place where you can visit three countries in a single day – perfect for a quick getaway to the Italian dolce vita. Let’s dive into what makes Monaco the place to be.

 

A Gastronomic Paradise: Top Restaurants in Monaco

Monaco is a food lovers’ paradise, offering everything from fine dining and beachside escapes to hidden local gems and international cuisine. Whether you want a lively night with music, a romantic seaside dinner, or a cozy meal, Monaco has it all.

Michelin-Starred Excellence

Monaco’s Michelin-starred restaurants set the standard for world-class dining, each offering a unique take on culinary excellence. 

At Le Louis XV – Alain Ducasse in the Hôtel de Paris, French Riviera-inspired cuisine meets timeless elegance, with dishes that celebrate the region’s finest ingredients.
For a bold yet refined experience, Pavyllon Monte-Carlo by Yannick Alléno masterfully blends bold flavors with refined sophistication.
Meanwhile, Le Grill impresses with its rooftop views and perfectly grilled specialties, while Blue Bay by Marcel Ravin takes diners on a sensory journey with its fusion of Creole and Mediterranean influences.

Each promises an unforgettable gastronomic adventure in the heart of Monaco.

International Cuisine

Monaco’s cosmopolitan spirit shines through its diverse international dining scene, offering a world of flavors.

For an authentic taste of Japan, Yoshi delivers refined specialities, while Maya Bay offers a more eclectic take on Japanese cuisine.
If you’re in the mood for Chinese fine dining, Song Qi stands out with its sophisticated ambiance and expertly crafted dishes. 
Meanwhile, you can always indulge in Italian classics at Rampoldi or Cantinetta Antinori where Tuscan traditions come to life.  
For a touch of British elegance, Marlow serves everything from a relaxed English breakfast to iconic afternoon tea, cocktails, and lively evenings.

Each restaurant offers a unique culinary journey, solidifying Monaco as a hotspot for global gastronomy.

Local Monegasque Cuisine

While Monaco is known for its cosmopolitan cuisine, it is worthwhile discovering Monaco’s culinary heritage through its traditional dishes. We recommend you try Barbagiuan, a crispy, golden pastry filled with Swiss chard, spinach, ricotta, and Parmesan, or savor Fougasse, a sweet bread infused with orange blossom.  

These local delicacies are not only delicious but also serve as a flavorful tribute to Monaco’s rich history and culinary traditions.

Dine and Dance

In Monaco, nightlife often merges with its dining scene. 

At Twiga Monte Carlo, Coya Monte Carlo, Sass Café, and New Moods, dinner is just the beginning. As the night unfolds, gourmet dishes give way to vibrant beats, live performances, and an electric atmosphere that keeps the energy high. Guests transition effortlessly from fine dining to dancing, making every evening a dynamic fusion of flavors, music, and celebration.  

Hidden Gems for Intimate Dining

For those seeking a quieter and more intimate setting, Monaco’s lesser-known dining spots offer a welcome retreat from the spotlight. For example, tucked away in the charming streets of Monaco-Ville, La Montgolfière.

In a city known for its glitz and glamour, these intimate spots provide a refreshing contrast – offering refined cuisine in an ambiance of intimacy.

Beachside Serenity

Another way to step away from the city’s buzz is to indulge in a relaxed dinner by the sea.  

Nestled on Larvotto Beach, La Note Bleue offers more than just a meal – it’s an experience where Mediterranean flavors meet the gentle rhythm of the waves. Whether you’re savoring fresh seafood or sipping a glass of wine, the ocean breeze and laid-back ambiance set the stage for a truly romantic evening.  

Here, dining isn’t just about the food – it’s about embracing the moment, where every bite comes with a view.


Arts & Culture: A Vibrant Calendar of Events

Monaco is not just about luxury; it’s a thriving cultural hub with a dynamic calendar of events that rivals the world’s greatest cities. From opera to art, there’s something for every cultural enthusiast.

A Rich Heritage of Performing Arts

Monaco’s cultural heartbeat thrives at the Opéra de Monte-Carlo, an architectural masterpiece housed within the legendary Salle Garnier. Here, every performance is an immersion into elegance – whether it’s an opera, a ballet, or a concert by the Monte-Carlo Philharmonic Orchestra. The grandeur of the venue, paired with world-class artistry, transforms each evening into an unforgettable cultural experience.  

In Monaco, the performing arts aren’t just entertainment – they’re a celebration of history, beauty, and artistic excellence.

A Year-Round Celebration of Culture

Monaco’s vibrant cultural scene unfolds across all seasons, offering an ever-evolving cultural calendar packed with events.

In spring, Monaco Art Week brings together contemporary and classical masterpieces, transforming the principality into an open gallery.

Summer sets the stage for electrifying open-air concerts, where music fills the warm Mediterranean nights. The Monte-Carlo Summer Festival, held from early July to mid-August, brings world-renowned artists to iconic venues like the Opéra Garnier Monte-Carlo and the Salle des Étoiles, offering unforgettable concerts and performances.

As autumn arrives, the iconic Monte-Carlo Jazz Festival takes center stage, drawing world-class musicians to perform in an intimate, elegant setting.

Winter brings a twist with the Monte-Carlo International Circus Festival. Typically held in January, this prestigious event showcases the world’s finest circus acts, celebrating the art of the circus in all its splendor. Winter in Monaco also means Christmas and New Year Festivities: in December, Monaco transforms into a winter wonderland with festive decorations, Christmas markets, and special events, culminating in grand New Year’s Eve celebrations.

All in all, no matter the time of year, Monaco’s cultural heartbeat never fades – it simply changes rhythm.

Local Galleries and Museums

Monaco’s art scene extends beyond its grand institutions, offering a wealth of smaller galleries and cultural gems.  

For contemporary and emerging talent, Kamil Art Gallery showcase innovative works from rising artists. Those seeking a more immersive experience can explore the Nouveau Musée National de Monaco, where cutting-edge exhibitions bring art and history to life throughout the year.  

Families and marine enthusiasts alike will be captivated by the Oceanographic Museum, a beloved Monaco landmark that blends scientific discovery with stunning marine exhibits, making it a must-visit for all ages.  

For a deeper dive into Monaco’s rich artistic and cultural landscape, explore our Monaco Art & Culture Guide.

 

The Great Outdoors: Nature at Your Doorstep

Monaco’s sunny climate and unique location make it a haven for outdoor enthusiasts. From pristine beaches and coastal trails to water sports and skiing in the nearby alps, it offers a perfect mix of relaxation and adventure year-round. 

Coastal Bliss and Scenic Walks

Monaco’s stunning coastline is a feast for the senses, offering panoramic views of the Mediterranean at every turn.  

For a leisurely seaside stroll, the Larvotto Beach Promenade invites you to soak in the sun and sea breeze. If you’re up for a more immersive adventure, follow the scenic trails leading toward Roquebrune-Cap-Martin, where rugged cliffs meet breathtaking ocean vistas. Another picturesque route is the one leading toward La Mala Beach, a stunning walk along the coastline, revealing stunning sea views before reaching this hidden gem.

For a fresh perspective, explore the newly opened path from Larvotto to Mareterra, a picturesque route of modern elegance delivering stunning views along the way.  

Water Sports & Yachting

For those drawn to the sea, Monaco offers an exhilarating mix of water adventures and luxury boating experiences.  

Thrill-seekers can dive into activities like paddleboarding, jet-skiing, and snorkeling at the Larvotto Marine Reserve.
The prestigious Yacht Club de Monaco also provides opportunities to master sports like rowing and sailing, blending skill and tradition in an exclusive setting.

For the ultimate luxury experience, charter a yacht from Port Hercules or Fontvieille Marina, setting sail along the stunning Riviera coastline. 

Whether you’re chasing adrenaline or indulging in a day of refined relaxation, Monaco’s waters promise an unforgettable experience.

Hidden Gardens: Monaco’s Tranquil Retreats  

Escape the city’s energy and unwind in Monaco’s peaceful green spaces.  

Perched above the principality, the Jardin Exotique is a botanical wonder, home to rare succulents and offering breathtaking panoramic views of Monaco. 

For a serene waterside retreat, the Japanese Garden blends Zen aesthetics with lush greenery, creating an oasis of tranquility in the heart of the city. Meanwhile, the Princess Grace Rose Garden, nestled in Fontvieille, showcases hundreds of rose varieties in a beautifully landscaped setting, perfect for a quiet stroll.

Tucked away in Monaco-Ville, the Saint-Martin Gardens offer winding paths, Mediterranean flora, and stunning sea views, making it an ideal spot for a peaceful walk near the historic old town.

Whether you’re looking for scenic beauty or a moment of calm, Monaco’s hidden gardens provide the perfect urban retreat.

Mountain Escapes: From the Riviera to the Alps  

In just 90 minutes, you can swap Monaco’s sun-drenched coastline for the crisp mountain air of the French Alps.  

During winter, you can hit the slopes at Isola 2000 and Auron, two ski resorts offering slopes for skiers and snowboarders of all levels. Beyond winter sports, these alpine retreats also provide year-round activities, from scenic hiking to mountain biking.

Whether you’re chasing fresh powder or a peaceful mountain getaway, Monaco’s proximity to the Alps makes adventure easily within reach.

Tennis and Golf: Elite Sporting Experiences  

Monaco offers world-class facilities for both tennis and golf.  

Practice your swing at the Monte Carlo Golf Club, where panoramic views of the Mediterranean create an unforgettable playing experience. Tennis enthusiasts can perfect their game at the prestigious Monte-Carlo Country Club, home to the famous Rolex Monte-Carlo Masters, where legends of the sport compete on its iconic clay courts.  

Whether you’re swinging a club or a racket, Monaco delivers an unparalleled sporting experience in a breathtaking setting.

 

More Reasons to Love the Monaco Lifestyle

Beyond its world-class dining, culture, and outdoor adventures, Monaco offers a lifestyle of luxury, wellness, and community – making it a truly unique place to live and visit.  

Festivals & Celebrations

Monaco’s global reputation for glamour is amplified by its iconic events. The adrenaline-fueled Monaco Grand Prix and the prestigious Monaco Yacht Show bring an electric energy to the principality, drawing visitors from around the world for unforgettable moments of celebration year after year.

Wellness & Fitness

A haven for health and relaxation, Monaco offers an unparalleled wellness experience. Rejuvenate with luxury spa treatments at Thermes Marins Monte-Carlo, or work out in state-of-the-art fitness centers with breathtaking sea views – where well-being meets elegance.  

Luxury Shopping

For fashion lovers, Monaco is a shopper’s paradise. The One Monte-Carlo Shopping District is a must for haute couture, featuring an exquisite selection of top luxury brands and designer boutiques just steps from the famous Casino de Monte-Carlo.  

Family-Friendly Living

Beyond its opulence, Monaco is a wonderful place for families. With safe neighborhoods, top-tier international schools, and a variety of educational and recreational activities, the principality ensures an enriching and secure environment for children to grow and explore.  

Whether for a short visit or a lifetime, the Monaco lifestyle blends elegance, excitement, and exclusivity.

 

Ready to Experience the Monaco Lifestyle?

Living in Monaco means more than just an address – it’s an invitation to a life of elegance, culture, and unparalleled beauty. From world-class restaurants and vibrant arts to thrilling outdoor adventures, Monaco truly offers a lifestyle like no other.

Contact Prime Estate today to find your dream home in this extraordinary principality. Our team of experts in real estate, legal counsel, and administrative support is ready to make your relocation to Monaco seamless. Let us guide you every step of the way.

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8 Ways to Make Your Monaco Apartment Feel More Spacious

Monaco’s real estate market is renowned for its sky-high price per square meter, and as space becomes an increasingly valuable commodity, making the most of your home is key. Whether you live in a cozy studio or a multi-room apartment, there are countless ways to create the illusion of more space.

In this guide, we’ll share practical interior design tips to help you maximize your living area. From clever furniture choices to optical illusions, discover how to transform even the smallest apartment into a bright, airy, and luxurious retreat.

1. Maximize Natural Light

  • Mirrors: Strategically place mirrors to reflect light and make the room feel larger. A large mirror opposite a window can amplify daylight and create a sense of depth.
  • Sheer Curtains: Replace heavy drapes with light, sheer curtains to allow maximum sunlight into the room. Pro tip: floor-to-ceiling curtains create an illusion of higher ceilings.
  • Bright Color Palette: Use light, neutral colors on walls and ceilings to create an open, airy feel. Whites, soft grays, and pastel shades can make rooms appear larger.
  • Layered Lighting: Use a combination of overhead, task, and accent lighting to brighten the space and avoid dark corners.

2. Invest in Multi-Functional Furniture

  • Sofa Beds & Storage Ottomans: Opt for pieces that serve more than one purpose, like a sofa that doubles as a bed or an ottoman with hidden storage.
  • Foldable or Expandable Tables: Use dining tables or desks that can be folded or expanded as needed, saving space when not in use.
  • Built-In Storage Units: Opt for built-in furniture to maximize floor space, such as wall-mounted desks, fold-away beds, or custom cabinetry.

3. Embrace Minimalism: “Less is more”

  • Declutter Regularly: Keep surfaces clear and store non-essential items to maintain a clean and open vibe.
  • Streamlined Décor: Opt for one or two statement pieces rather than overcrowding with many small items.
  • Hidden Storage Solutions: Use under-bed drawers, pull-out shelves, or furniture with concealed compartments.

Check our instagram post giving a feel of the minimalist japandi style prepared by our interior design team.

4. Create the Illusion of Height

  • Vertical Shelving: Extend shelves up to the ceiling to draw the eye upward.
  • Tall, Narrow Furniture: Choose tall, narrow bookshelves or cabinets to save floor space and add vertical interest.
  • Vertical Stripes: Consider adding vertical stripes (through wallpaper or paint) to create the illusion of taller walls.

5. Opt for Reflective Surfaces

  • Glossy Finishes: Use glossy or reflective finishes on furniture and countertops to bounce light around the room.
  • Glass or Lucite Furniture: Include pieces like glass coffee tables or acrylic chairs, which visually take up less space and keep the room feeling open.

6. Use Rugs, Colored Walls or Wallpaper to Define Spaces

  • Area Rugs: Use rugs to delineate different areas within an open-plan layout, such as separating a living area from a dining space, without the need for physical dividers.
  • Lighter Colors: Choose rugs in lighter shades to maintain an airy feel, and avoid overly dark or heavy patterns that can make the space seem smaller.

7. Optimize Storage in Every Corner

  • Under-Stair Storage: If your apartment has stairs, use the space underneath for built-in storage, like a small desk, bookshelves, or cupboards.
  • Above Door Shelving: Install shelves above door frames to store less frequently used items, freeing up more visible areas.
  • Corner Furniture: Maximize corner shelves or cabinets to make use of awkward spaces that often go unused.

8. Think Vertically for Greenery

  • Hanging Plants: Opt for hanging plants or wall-mounted planters to add greenery without sacrificing floor space.
  • Vertical Gardens: Consider a small vertical garden on a wall to bring in natural elements without crowding the room.

9. Prime Estate’s Bonus Tips

  • Floating Furniture Layout: If it’s possible, avoid pushing all furniture against the walls. Sometimes floating pieces, like a centrally placed sofa, can create a better flow and sense of space.
  • Create Pathways: Arrange furniture to maintain clear walkways, making the apartment feel more accessible.
  • Furniture with Legs: Furniture that sits directly on the floor can make a room feel boxed in. Choose elevated furniture such as sofas, chairs, and tables with visible legs can give the illusion of more floor space.
  • Flexible TV Setup: Consider mounting your TV on an adjustable wall bracket. This allows you to arrange your furniture more creatively, like positioning the sofa at an angle instead of directly facing the screen. It also helps maintain a smooth flow of movement and keeps the space feeling open and airy.

Making your Monaco apartment feel more spacious doesn’t require a total overhaul – just thoughtful design choices.

Need professional help? At Prime Estate, we go beyond finding your property – we ensure it feels like home. From moodboards and 3D designs to fabric and furniture sourcing, our interior design team brings your vision to life. With our network of brand partners, we offer turnkey solutions for a seamless and hassle-free setup.

Contact us today to create a home that fits your vibe and makes the most of your space.
Visit our Interior Design page for more information.

Art and Culture in Monaco: Must-Visit Museums and Theaters

Monaco is a hub of art and culture, offering a wide range of exhibitions, museums, galleries, and theaters for both locals and visitors. The Principality dedicates 5% of its state budget into the arts, supporting artists, cultural programs, and heritage projects. With a packed calendar of events, there’s always something to explore, from world-class museums to historic theaters.

In this article, we’ll guide you through Monaco’s top cultural spots you won’t want to miss.

Nouveau Musée National de Monaco

Picture credits: VILLA SAUBER @NMNMONACO (Instagram)

The Nouveau Musée National de Monaco is home to contemporary visual art, featuring two exceptional locations: Villa Paloma and Villa Sauber. Each site offers a unique setting for the museum’s dynamic program of temporary exhibitions, dedicated to celebrating and promoting contemporary visual arts.

Both Villa Paloma, located near the entrance of the Principality with stunning views over Monaco, and Villa Sauber, set in the Larvotto district with its charming Belle Époque architecture and picturesque garden, regularly host a variety of exhibitions throughout the year. The venues showcase works by renowned and emerging artists. For instance, previous exhibitions have included the captivating “Newton, Riviera,” a photography exhibition featuring the iconic works of Helmut Newton or George Condo’s fascinating humanoid paintings.

To learn more about upcoming events and exhibitions, check out the current program.

The Oceanographic Museum of Monaco

Monaco’s Oceanographic Museum is a must-see, renowned for its breathtaking location and diverse marine life. Perched on a cliff overlooking the Mediterranean, this architectural gem offers stunning views of the sea and Monaco’s harbor. Established in 1910 by Prince Albert I, the museum is one of the oldest aquariums in the world and a testament to Monaco’s commitment to marine conservation.

Inside, you’ll find aquariums designed to replicate natural habitats, showcasing over 6,000 species of fish, sharks, and invertebrates. Make sure to not miss “L’Odyssée des Tortues Marines,” an outdoor exhibit dedicated to marine turtles.

Explore the legacy of Monaco’s oceanographic pioneers, from Prince Albert I’s explorations to Prince Albert II’s ongoing conservation efforts. This interactive exhibit uses technology to bring the museum’s history and collections to life.

A visit to the Oceanographic Museum is more than just an exploration of marine life – it’s an experience that celebrates the beauty and importance of our oceans.

Les Grands appartements du Palais Princier

When visiting Monaco, one cultural experience you can’t miss is a tour of Les Grands Appartements du Palais Princier. These opulent state rooms, housed within the Prince’s Palace in Monaco-Ville, offer a glimpse into the royal lifestyle of Monaco’s ruling family, the Grimaldis, who have resided in this palace for centuries, dating back to the 13th century.

The grand apartments are a masterpiece of Renaissance-style luxury, adorned with exquisite frescoes, rich tapestries, and gilded furniture that reflect centuries of history and craftsmanship. Walking through these spaces, you’ll be transported back in time, experiencing the legacy of Monaco’s royal heritage.

While the palace remains the official residence of the current Prince of Monaco, visitors are allowed to explore these remarkable rooms during certain times of the year. It’s a rare opportunity to immerse yourself in the history and splendor of Monaco’s royal life.

Opéra de Monte-Carlo

For those seeking performing arts, the Opéra de Monte-Carlo is an absolute must. This stunning opera house is a venue for world-class performances, including opera, ballet, and concerts. It is a part of the famous Monte Carlo Casino complex and was designed by Charles Garnier, the same architect behind the iconic Palais Garnier in Paris.

Built in the 1870s , the Opéra de Monte-Carlo boasts a stunning blend of Baroque and Belle Époque architecture, with ornate sculptures, lush red and gold interiors, and magnificent frescoes. From the moment you walk in, you’ll be enveloped by an atmosphere of grandeur and elegance that feels like stepping into another era.

Although the Opéra de Monte-Carlo was initially built with the primary purpose of hosting top-tier opera and ballet performances, over time it has also gained recognition as a significant cultural symbol on its own. Over the years, it has hosted many legendary names in music, theater, and dance, contributing to Monaco’s rich artistic heritage.

The Car Collection of HSH The Prince of Monaco

This remarkable exhibition offers car lovers and curious visitors  to admire nearly 100 vehicles, all personally collected by Prince Rainier III. Expanded under the care of Prince Albert II, the collection showcases the royal family’s deep passion for automotive engineering and design.

Spanning over a century of automotive history, showcasing everything from classic models to race cars that have competed in prestigious events like the Monaco Grand Prix, the museum features legendary brands such as Ferrari, Rolls-Royce, Maserati, and Bugatti. 

Even if you’re not a die-hard car enthusiast, The Car Collection of HSH The Prince of Monaco is a captivating journey through time, offering a window into the history of sport and luxury cars. It’s a must-visit for anyone looking to experience another facet of Monaco’s rich cultural landscape.

Grimaldi Forum

Picture credits: @GRIMALDIFORUM (Instagram)

For those looking to immerse themselves in Monaco’s vibrant contemporary culture, the Grimaldi Forum is an essential stop. Situated by the sea, this multi-purpose venue is renowned for hosting a diverse range of events, from world-class art exhibitions and international conferences to concerts and performances.

Over the years, the forum has featured significant exhibitions like The Gold of the Pharaohs and The Grace Kelly years, Princess of Monaco, both drawing international attention. It’s also home to prestigious annual events such as Top Marques Monaco, an annual supercar show called “the world’s most exclusive car show” by the New York Times (here is a short glimpse of the 2023 event).

In addition to these remarkable exhibitions and events, the Grimaldi Forum has hosted incredible performances such as Mamma Mia! the musical and Grease the musical, along with fantastic concerts by legendary artists like Elton John.

Make sure to visit their website to stay updated on upcoming exhibitions and events you won’t want to miss.

Théâtre des Muses

Picture credits: @theatremuses (Instagram)

The Théâtre des Muses in Monaco is an intimate cultural gem, offering a unique space dedicated to performing arts. Its cozy, inviting atmosphere creates a close connection between the audience and performers, ensuring each show is an engaging and memorable experience. The theater not only showcases a diverse range of performances but also offers acting and performing arts classes for both children and adults.

A must-visit for theater enthusiasts and those looking to explore their creative potential in the region.

Check out the 2024/2025 season program here.

Théâtre Princesse Grace

Named in honor of Princess Grace of Monaco, the theater embodies her passion for the arts and commitment to promoting culture in the Principality. It hosts a rich program of performances, ranging from classic plays and contemporary productions. With its elegant architecture and high-caliber performances, the Théâtre Princesse Grace continues to be a beloved destination for both locals and international visitors seeking quality entertainment in a beautiful setting. Check out the program.

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Monaco’s Eco-friendly Mobility Plan

Monaco has long been recognized as an environmentally-friendly nation, especially under the leadership of HSH Prince Albert II. His commitment to the planet is evident through numerous initiatives, particularly the Fondation Prince Albert II de Monaco, which focuses on preserving the environment and fostering sustainable development locally and globally.

A key element of Monaco’s sustainability plan is improving mobility, which supports the principality’s sustainable growth and positively impacts public health by enhancing air quality.

In this article, we will highlight Monaco’s green transportation initiatives, which are part of a strategic plan to diminish greenhouse gas emissions, enhance shared mobility, and elevate the overall quality of life in the Principality.

Buses

Public transportation is essential for sustainable development because fewer cars on the road mean less pollution. Thus, the Monaco Bus Company plays a significant role in Monaco’s green efforts. The company operates 22 hybrid buses, which have been powered by Diester B30 biofuel since 1998, resulting in a reduction of fossil emissions by up to -50%. Additionally, Monaco introduced 10 electric buses in 2022. In addition, the Principality put a lot of effort into making these buses user-friendly. Indeed, they offer various convenience features such as the option to pay directly on the bus using a contactless card reader or through the dedicated app, which enables users to track buses in real-time online. Moreover, the Monaco Bus Company is continuously working on modernizing its services, such as increasing the frequency of public transport which includes night and evening buses. The company has recently added to brand new lines: X3 and X4, which directly and fastly connect the East to West of the Principality. Indeed, since April 2024, these two new bus lines connect East to West with very little stops (from Monday to Friday) from 7am to 7pm.

In addition to the regular bus services, Monaco also offers solar-powered electric water buses allowing passengers to cross Port Hercule efficiently and sustainably.

MonaBike

Monaco’s transportation network has been further enriched with the introduction of Monabike, an automated electric bike assistance service. Complementing the existing extensive network of bus lines, this initiative is a joint effort between the Government of Monaco and the Monaco Bus Company.

With nearly 400 bicycles spread across 49 stations within the 2km² Principality, Monabike ensures convenient access for users throughout their journeys. Wherever they are headed in the Principality, users can find stations near their point of departure and their destination. This service caters to both subscribers and occasional users aged over 14.

This electric bike share program promotes eco-friendly travel practices across the Principality, fostering shared mobility and actively contributing to the reduction of greenhouse gas emissions.

Mobee

As Mobee’s slogan says, “Electric vehicles in just a few clicks,” this initiative makes it easy for people to get around the Principality without worrying about parking charges.

This Car-Sharing System allows users to access electric vehicles within the Principality through their smartphones. The app helps you locate the nearest available vehicle, book it, and drive away.

Vehicle Options:

  • Renault Twizy: Perfect for short city rides, these small and compact two-seaters are ideal for easy parking on the streets of the Principality.
  • Peugeot e208: These cars offer a comfortable experience for longer journeys.
  • Tesla Model 3: With extended battery autonomy, these vehicles also provide access to Tesla’s superchargers within the Principality.
    For more information, visit Mobee’s website.

Promoting Electric Vehicle Adoption in Monaco

In line with its comprehensive eco-friendly transportation initiatives, the Principality actively encourages its citizens and residents to purchase and use electric vehicles. The government provides subsidies to support the acquisition of clean energy vehicles, offering financial assistance to those who choose electric options.

Subsidy details:

  • Applicable to electric or hybrid (electric/petrol) vehicles with at least four wheels and CO2 emissions of 110g/km or less.
  • Includes electric or hybrid two-wheel or three-wheel vehicles and quadricycles with CO2 emissions of 45g/km or less.
  • Covers electric bicycles without lead batteries.

For more information, visit the official page. 

Monaco has also implemented several initiatives to encourage the use of electric vehicles:

  • Charging Stations: The Principality features numerous charging stations conveniently located throughout the area.
  • Incentives: Electric vehicle owners receive various benefits, including a free annual car sticker, regulated on-street parking, and complimentary vehicle charging.
  • Parking: The Monaco Town Hall offers free parking for electric vehicles on public roads.

These measures demonstrate Monaco’s commitment to fostering sustainable transportation and reducing its carbon footprint. For further details, visit the government’s information page.

Revolutionizing Mobility: Monaco’s New Parking Solution

Multimodal transport is gradually gaining more prominence in Monaco. Indeed, park-and-ride schemes now encourage drivers to leave their cars as they enter the Principality.

Prince Albert recently inaugurated Parking Salines, a large parking facility at Monaco’s entrance, aiming to reduce road traffic by up to 4,000 vehicles daily. The 15-level structure offers 1,790 parking spaces and 100 Monaco ON electric charging stations.

Parking Salines is a key part of Monaco’s Mobility Plan, launched in February to transform the city’s transportation by reducing traffic and promoting sustainable travel.  The facility provides affordable parking and two express bus lines for convenient access to key areas within the Principality. Buses operate every 10 minutes between 7 am and 7 pm on weekdays, with increased frequency during rush hours (up to one bus every 5 minutes!).

Additionally, this brand-new parking lot features two electric bicycle stations on levels -1 and -15, with charging spaces for 63 electric bikes.

It is worth mentioning the attractive prices: monthly packages cost €51, which are about half the price of other car parks in Monaco, and include free bus travel. Daily rates are €11 for a full day of parking. 

This facility will benefit not only cross-border workers but will also be very valuable for major events in Monaco, such as the Monaco Grand Prix, which attract thousands of visitors.

To wrap up, Monaco’s comprehensive eco-friendly mobility plan showcases a robust commitment to sustainability, driven by HSH Prince Albert II’s vision for a greener future. Through initiatives like the modernization of the Monaco Bus Company, the introduction of Monabike, and the convenience of Mobee, the Principality is significantly reducing its carbon footprint. The promotion of electric vehicle adoption, bolstered by government subsidies and widespread charging infrastructure, further reinforces Monaco’s dedication to clean energy. The new Parking Salines, with its park-and-ride scheme and multimodal transport options, exemplifies Monaco’s strategic approach to reducing traffic congestion and enhancing public transport usage. Collectively, these efforts underscore Monaco’s proactive stance in fostering sustainable mobility and improving the quality of life for its residents and visitors alike.

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Bay House: Monaco’s Top Luxury Real Estate Project

Introducing Bay House, a new standard of sophisticated living in Monaco’s prestigious Larvotto neighbourhood. This exceptional development comprises 5 exclusive villas and more than 50 apartments, redefining the standards of luxury.

All the residences in Bay House will include three to six bedrooms, spacious entertaining areas, and south-facing wraparound balconies with breathtaking panoramic views. 

Each of the five villas will provide an exceptionally rare waterfront living experience in the Principality: private roof terraces and pools overlooking the Mediterranean sea.

After 7 years of construction, full delivery of the properties is expected for 2024.

The epitome of luxurious living

©DBOX , ©ARTEFACTORY LAB

Each Bay House residence embodies luxurious living, featuring meticulously crafted multi-level properties that effortlessly blend spacious interiors with tranquil private outdoor spaces, defining the true essence of luxury. The exclusive villas, limited to just five, promise an unparalleled living experience.

This lavish living experience includes cutting-edge home automation controlling lighting, shades, air-conditioning, and videophones. Additionally, the all-inclusive concierge services elevate the lifestyle as residents will be able to enjoy a daily shuttle, housekeeping, dry-cleaning, and valet amenities.

Moreover, Bay House introduces 500m2 of amenities, where residents will be able to enjoy its luxurious spa consisting of massage rooms, steam room, sauna, hair and beauty salon, and more. A dedicated fitness area with advanced technology will also be available.

Residents will also enjoy the added convenience of direct access to secure parking at three road levels – Boulevard d’Italie, Boulevard du Larvotto, and Avenue Princesse Grace – interconnected by dedicated elevators. This unique setup will ensure seamless accessibility across all three residence levels. Additionally, most of the 5 houses are expected to have a direct entrance to their private parking bay, a rare luxury in the Principality.

Bay House, Part of a Larger Project: Testimonio II 

Bay House stands at the heart of the expansive Testimonio II development, encompassing two residential towers, housing units for local citizens, a nursery, and a spacious new site for the esteemed International School of Monaco. This new International School that will be able to welcome up to 700 students, spans over 10,000 square meters. It will cover the entire length of the project, across four levels, between Avenue Princesse Grace and Boulevard du Larvotto. The school will include a gymnasium and conference hall. 

The nursery, located on the ground floor of the tallest tower in Boulevard d’Italie, houses age-specific sections, areas for play and discovery, sleeping zones, care facilities, and terraces.

Moreover, this project is adding new parking spaces in Monaco, a rare gem in the Principality (link the article about investing in parking). More than 1,000 new parking spaces across 13 levels, including spots for public use. 

The Visionaries Behind the Project 

Everyone remembers the spectacular Tour Odéon, Monaco’s towering landmark that houses the world’s most expensive penthouse. Today, the developer behind this iconic structure, Groupe Marzocco, has unveiled its latest endeavour: Bay House. Representing one of Monaco’s most luxurious residential developments to date, Bay House marks an impressive milestone in the principality’s architectural history.

Embarking on real estate projects in Monaco invariably presents a variety of challenges, and the Testimonio II undertaking is no different. Located in the final large-scale plot available for construction in the Principality, the site posed considerable obstacles: narrow, steep terrain, restricted spaces, and geotechnical complexities. Groupe Marzocco tackled this rigorous project by collaborating with various partners. Among them were the Vinci Group, Arquitectonica designers who designed the distinctive wave-like facade, Alexandre Giraldi, and interior designers such as Laura Sessa.

Located in the lively Larvotto Neighbourhood  

©DBOX , ©ARTEFACTORY LAB

The Bay House development nestles within Monaco’s Larvotto Beach area, a highly sought-after location due to its luxurious apartments, breathtaking sea views, beach lifestyle, and its vibrant local scene thriving with trendiest restaurants and clubs. 

Within this area, the esteemed Grimaldi Forum hosts a diverse array of year-round shows, exhibitions and conferences. Among its offerings are the renowned Ballets of Monte-Carlo, prestigious artistic shows led by Jean-Christophe Maillot, making it a nighttime gem in the Principality.

The Larvotto also boasts luxurious five-star resorts such as the Monte-Carlo Beach and the Monte-Carlo Bay and Resort, alongside the most famous nightclubs, namely Jimmy’z and Sass Café. Finally, this district is distinctly defined by the iconic Avenue Princesse Grace, which runs parallel to the coastline and stands as one of the most exclusive streets in the world. Who wouldn’t want to live here?

Delve deeper into Bay House’s website and uncover an entirely elevated benchmark for refined living.

Sources: 

Mareterra: Monaco’s Seafront Expansion and Unstoppable Growth

The number of people settling in or wanting to move to Monaco has increased over the last decades. Yet, Monaco, covering barely more than 2 km², remains smaller than the size of New York’s Central Park. 

Running out of space, the world’s second smallest country first tackled the issue with its pioneer offshore project back in 1907. This was the first land expansion into the Mediterranean Sea which birthed the Fontvieille district. Today, under Prince Albert II’s guidance, the most recent expansion is in process, slated for completion by the end of 2024.

A Fusion of Sea and Land

A brand-new district is taking shape along Monaco’s existing coastline, seamlessly extending from the Grimaldi Forum to the Formula One Grand Prix tunnel. Mareterra introduces a vibrant new district that will blend residential, cultural, and recreational spaces while embodying the Mediterranean’s charm and natural habitat. 

This transformative venture marks a significant shift for Monaco: an innovative addition to the Mediterranean shoreline that harmonises both land and sea ecosystems. Indeed, the name ‘Mareterra’ beautifully symbolises the project’s fusion of sea (“mare”) and land (“terra”), honouring its dual aspects. 

In collaboration with the SAM Anse du Portier developer, Mareterra utilises innovative and sustainable building techniques, embodying Monaco’s vision for expansion and advancement. Esteemed architects, such as Valode & Pistre Architectes, Renzo Piano, and Michel Desvigne, lend their expertise to this transformative project, initiated in 2013 and set for completion by late 2024.

A New Place of Tranquillity for All in Monaco

Introducing a groundbreaking real estate venture that goes beyond conventional living spaces. The project encapsulates a seamless integration of community and lifestyle. 

Here’s a list of the meticulously curated public spaces designed for communal enjoyment:

  • Place Princesse Gabriella – an essential gathering spot at the heart of this district, adorned with captivating reflecting pools. 
  • Le Petit Portier, a charming small marina composed of 15 berths that will be surrounded by shops and restaurants. It’s set to become Monaco’s newest vibrant focal point, perfect for community gatherings.
  • Mareterra’s La Pinède & La Vallée, drawing inspiration from the Mediterranean’s natural terrain and native plant life, will invite residents and visitors to embark on a serene journey amidst clusters of trees, shrubs, and flora.
  • Lastly, both locals and visitors will be able to enjoy the Promenade Prince Jacques, stretching along the coastline from the new port to the Grimaldi Forum. This scenic route will offer a stunning sea-view, leading gracefully to the one and only Larvotto beach.

Monaco’s eco-friendly and sustainable district 

The development team behind Mareterra is committed to implementing several measures focused on the ecosystem, sustainability, and responsible site development. 

Here are some of the key figures:

  • 800 trees plantes 
  • 27 000 sqm areas planted 
  • 19 000 sqm pedestrian area 
  • 9 000 sqm of solar panels 
  • 50% of rainwater reused 
  • 600m of cycle path 

Mareterra has implemented various sustainability measures. For example, the project includes setting up around 200 charging systems for electric vehicles, with 20% allocated for public car park. It will also create two bike stations with one that is specifically designed for electric bikes only.

Additionally, to preserve the ecosystem, Mareterra is actively working to minimise its construction site’s impact and to enhance biodiversity within the area. For instance, it is planned to install shelters like bird nests and insect hotels. Mareterra is also dedicated to preserving protective sea grass and fostering the growth of the new coastal area by constructing artificial reefs.

Deep dive into Mareterra’s Exclusive Residences 

Mareterra will offer a variety of distinctive residential spaces, each with its own charm. 

At the district’s edge will stand Le Renzo, offering residences overlooking the vibrant port and retail area (see picture above). Then, Les Jardins d’Eau residences will embrace the Riviera elegance, featuring plenty of amenities, spacious balconies, and modern designs that seamlessly blend indoor and outdoor living. Just a short distance away, positioned by the sea, will be located the exclusive villas. Each villa will offer incredible breathtaking views and features its own unique and distinctive design. Finally, the Townhouses perfectly reflect the vision of integrating natural beauty: they will be enveloped by lush greenery – effortlessly blending into nature. These homes will feature interior patios where residents will be able to immerse themselves in nature. 

We currently have two properties available (for rent and for sale). Please do not hesitate to contact us should you be interested in a property in this newly developed district. 

For more information about this ongoing (and soon to be) project, please explore Mareterra’s website.

Sources: 

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Le 26 carré or
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98000 Monao
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26 CARRÉ D’OR,
26 AVENUE DE LA COSTA,
98000 MONACO

Tel: +377 99 90 77 67 
Email: contact@prime-estate.mc