monaco

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...

A highly Lucrative Business While most of us are aware of the exorbitant per square meter prices for apartments in the principality, the underground business of private parking spaces is an equally lucrative domain. Indeed, parking spaces are significantly escalating the already staggering costs associated with real estate in Monaco. According to La Chambre Immobilière de Monaco, the price for a parking...