Your own house neighbouring with Presidents and Princes Monte-Carlo, Nice, Cannes ... Sandy beaches and golf courses, luxury resorts and princely palaces, palm trees and valleys and vineyards – all this excites the imagination and attracts numerous tourists from all over Europe, but around the world. Holidays in the Monaco Principality and the French Riviera is considered to be very prestigious.
In Monte Carlo on the French Riviera have their homes such celebrities as actresses Brigitte Bardot and Gina Lolobridzhida, actors Arnold Schwarzenegger and Jean-Claude Van Damme, singer Luciano Pavarotti, the ex-Beatles Ringo Starr, top model Claudia Schiffer and fashion designer Pierre Cardin, athletes, Michael Schumacher and Boris Becker, the owners of cognac and rum empire Mr. Hennessy and Mr. Bacardi. And also – “the powerful people” – French President Jacques Chirac and President Mobutu of Zaire, and, of course, the most popular heroes of the society columns in the world – the rulers of the princely family of Monaco Grimaldi.
Real estate on the Cote d’Azur is one of the most expensive in France and an apartment in Monaco (individual houses there are practically not sold) can afford only the most affluent people. Thus, ordinary apartments in Monaco: living area of 340 square meters. m, three bedrooms, three bathrooms plus a beauty salon with shower, lounge, study room, living room, dining room, kitchen, four large balconies with views of the sea and the mountains cost $ 3.400.000. In addition to the apartment there is a common garden and a garage for 2 cars. The size of the apartment is not the most important factor in determining its price. Thus, a modest studio apartment – studio – with a living area of 30-40 square meters. m, kitchen, bathroom, toilet and balcony in Monaco cost $ 800.000. Here, above all, is appreciated when the apartment is located in the principality – if you afford it, then you have enough money to be a worthy citizen of this small and rich country. Even if you have not bought an apartment, but only rent an apartment (such a pleasure, on average costs $ 2.000-3.000 per month), it is a sufficient ground for local authorities for granting you a residence permit. Significant benefits, however, is the absence in the principality’s tax property and its inheritance.
On the Cote d’Azur 1 sq. m apartment costs around $ 3.000. Villa minimum price – $ 1.000.000 (with the floor made of pink marble and sinks of semiprecious stones, flower beds of roses, olive groves, pool, private dock for yachts, etc.). Curiously, the majority of houses is sold with the servants (of course, and they are not your property, they remain free to people who pay well-deserved salary). Knowing the house thoroughly old servants will be better take care of the house than new one. It is also worth noting that the staff at the villas French Riviera are almost entirely composed of the Portuguese.
Those who did not get all necessary money to become a neighbor of eminent personalities should not be upset. Local banks give a mortgage of 50% of the cost of real estate. In France and Monaco credit is given for 5, 10 and 15 years old.
The minimum cost of renting a villa in Monaco -is $ 24.000 per month for a 1.000 square meters. m square. But this option is difficult to find, as the principality is very small and almost all built up with apartment buildings on the places of the old large villas. The rental fee of two-room apartment (bedroom + living room) in Monaco starts from $ 1.500 per month plus 10% for the various amenities: elevator, intercom, concierge, etc. Looking to rent a villa on the Cote d’Azur is available for $ 7.000-10.000 per month.
