No one can speak about the French Riviera without stating Monaco (or Monte Carlo). Obviously the principalty isn’t French but there are strong links with France. And Monaco definitely takes part of the French Riviera. Real estate in Monaco is a big deal because real estate developers are few. Pastor family owne the main buildings. The crucial point is above all space. Monaco is a small territory. More and more foreigners want to live in Monaco.The principalty has been working hard to find new spaces to build properties (flats) and hotels.
At the end of the seventies, high buildings were constructed on the Larvotto area. During the 1990’s, Monaco created Fontvielle area : 22 hectares have been constructed on the sea. But it’s still not enough for the most expensive and secure place on the French Riviera. At the beginning of 2000, a seawall has been added to create a bigger port. Monaco needs also place for cuise ships and yachts. Continue reading ‘Monaco misses space : a new incredible plan’
