Paolo Petrini

La Grotte Bleue at Mareterra Monaco

La Grotte Bleue, nestled within the prestigious new Mareterra program in Monaco, is now a must-see place for architecture and nature lovers. Open to the public, it offers a spectacular immersion in a setting where innovation and natural beauty intertwine harmoniously. Just a few metres from the meditation area, another discreet Mareterra treasure, La Grotte Bleue impresses with its 12-metre depth and its bold integration into the belt of caissons that supports this visionary neighbourhood.

Petit Portier Mareterra: A New Commercial Space in Monaco

The Petit Portier, nestled between Place Princesse Gabriella and the Renzo Piano-designed residential building, represents a distinct sector of Monaco's Mareterra district, offering an intimate marina with 16 berths for boats up to 16 meters. We previously guided you through an initial Mareterra fisrt look tour, and today we will focus on the new small port, which is also set to become a future commercial area and living space for residents.

Who is Charlene of Monaco?

Charlène de Monaco, born Charlene Lynette Wittstock, is the Princess of Monaco and the wife of His Serene Highness Prince Albert II of Monaco.

Mareterra Monaco: first video of Monaco's new eco-district

On December 5, 2024, Mareterra officially opened its doors to the public, marking a new era for Monaco. This ambitious project, covering 6 hectares reclaimed from the sea and bringing the total area of the Principality to 2.08 km², embodies a modern and ecological vision of urban development. Its inauguration, in the presence of HSH Prince Albert II, Princess Charlene and their children, Crown Prince Jacques and Princess Gabriella, brought together elected officials and residents to celebrate this emblematic addition to the Principality. Started in 2013, this project represents an investment of around 2 billion euros.

Inauguration of Mareterra Monaco 4 December 2024: a historic event

4 December 2024 will mark a historic turning point for Monaco with the inauguration of Mareterra Monaco, an event that has been awaited for years by Monegasques, residents and all enthusiasts of the Principality. The general public will have access to the spaces of this new district from the following day, Thursday, December 5, 2024. Like the Fontvieille district in the 1970s, Mareterra is a feat of engineering and vision, a district entirely reclaimed from the sea, which promises to transform the life of the Principality in a sustainable and ambitious way.

More than just a real estate project, Mareterra represents a new stage in the history of Monaco. It's not every day that a city like Monaco, so compact and intimately known to its inhabitants, "unblocks" a new district. It's like a new  chapter in a book that you already know by heart, or like in a game where a new area is revealed. We had already talked about Marlow, the first restaurant in the Mareterra district run by SBM which should delight residents and tourists, or penthouses in Mareterra. In this article, we will see the latest information before the inauguration of the new Mareterra Monaco district on December 4, 2024.

Expectations from the Monaco Housing Market in 2025

Monaco's real estate market, one of the most exclusive and sought-after in the world, is poised to evolve in 2025 amid a complex economic and geopolitical landscape. As cities like Dubai and Singapore increasingly attract international investors, Monaco must continue to assert its unique characteristics and strengths to maintain its leading position. Between innovative new projects like the Mareterra extension, growing demographic pressure, and the quest for sustainability, the Principality will need to adapt to new expectations from buyers and investors while preserving its unique character.

Moving to Monaco from US: Requirements and Residency

With recent shifts in American leadership following the election of Donald J. Trump as the 47th President, many Americans find themselves reflecting on where and how they envision their future. For some, this reflection opens the door to possibilities abroad, with Monaco emerging as a unique and compelling choice. This small but glamorous principality along the Mediterranean coast presents an enticing mix of security, real estate exclusivity, and unparalleled quality of life.

Located on the French Riviera, Monaco enjoys a warm climate, beautiful coastlines, and a central position in Europe, making it an ideal base for global travelers. Known internationally yet offering a rare level of privacy and prestige, Monaco has a distinct appeal for Americans. This connection was notably strengthened when American actress Grace Kelly became Princess of Monaco, embedding American ties within the principality. Today, Monaco maintains a strong affinity with American culture, with Prince Albert and the princely Monaco family fluent in English and often welcoming residents from major US cities like New York, Miami, and Los Angeles.

Princes Monaco: History and role of the Grimaldis

Few people know it, but the name Monaco comes from the Italian "monaco", meaning monk, in reference to François Grimaldi. This Genoese nobleman, disguised as a monk, stormed the castle of the Monegasque fortress in 1297 and thus founded the dynasty that would reign over the rock. Since this strategic takeover, the Grimaldi family has been able, despite the tumults of history, to preserve the sovereignty of Monaco, ensuring that this territory has had an independence that is unique in Europe for more than 700 years.

Monaco Watches: The Ultimate Guide

Nestled along the shimmering coast of the French Riviera, Monaco stands as a global symbol of luxury and sophistication. This small yet renowned principality has become a beacon for the world’s elite, drawing connoisseurs of fine living, luxury real estate, and high-end fashion. Among its many appeals, Monaco is a haven for luxury watch enthusiasts, where the finest names in haute horlogerie—like Rolex, Tag Heuer, Audemars Piguet, and Richard Mille—find a place alongside exclusive real estate and prestigious boutiques. At Petrini Exclusive Real Estate Monaco, we not only specialize in premier real estate but also embrace the lifestyle that draws so many to this remarkable destination.

Purchase apartment Avenue des Citronniers Monaco : Invest in the Carré d'Or

The Avenue des Citronniers in Monaco is a small cobbled avenue located in the heart of the Carré d'Or, one of the most prestigious districts of the Principality. Although short, it is of strategic importance, connecting the Avenue de Grande-Bretagne with the Rue du Portier with its renowned restaurants such as Cipriani, La Piazza, and Zeffirino, as well as the Larvotto, famous for its beach and amenities. Just a 600-metre walk from the Place du Casino and in the immediate vicinity of the The Fairmont Hotel and the F1 circuit, this avenue is a must-see for anyone looking to immerse themselves in the Monegasque lifestyle.

Penthouse Mareterra Monaco: Exclusive and Prestigious Residence

The Mareterra project in Monaco redefines the very idea of luxury and innovation by the sea. Nestled in a setting where the sea meets the land, this unique eco-district is part of an avant-garde and sustainable vision, offering investors and residents an exceptional living environment. What makes Mareterra so unique? And why are these exceptional penthouses, available exclusively through Petrini Exclusive Real Estate Monaco, the ultimate investment in Monaco? We have already talked about the first shops and restaurants in this new district, such as the Marlow Restaurant , which the Société des Bains de Mers has already announced as the future trendy restaurant in the Principality.

Let's take a closer look at the remarkable aspects of this extraordinary project. Located on the seafront, Mareterra enjoys an incomparable location with spectacular views of the Mediterranean. From the top floors of iconic residences such as the Jardins d'Eau and Le Renzo, penthouses dominate the Principality with breathtaking panoramas. Designed by internationally renowned architects, these apartments combine contemporary design with the highest quality materials, to offer a living environment that meets the greatest expectations.

What are business assets in Monaco and how to invest?

Buying business assets in Monaco is a unique process, with legal specificities particular to the Principality that differ significantly from those in other countries. In France, commercial law clearly distinguishes between commercial property (the real estate) and the business assets (the commercial activity itself, including tangible and intangible assets but excluding the real estate). This distinction is also present in England, Germany, and Italy, but with variations in terminology and practices.