Paolo Petrini

Marlow restaurant Mareterra: A new gastronomic destination in Monaco

Mareterra Monaco, an exceptional new development, is undoubtedly a symbol of modernity and one of the most eagerly awaited projects in the Principality. Located on an offshore extension near Anse du Portier, this spectacular development, inaugurated the 4th December 2024, combines luxury residences, green spaces, as well as commercial and leisure areas, redefining Monaco's exclusive living environment.

Mareterra's iconic buildings, such as Le Renzo, designed by the renowned architect Renzo Piano, and Les Jardins d'Eau, provide the perfect balance between avant-garde architecture and nature. This district also includes refined townhouses and prestigious villas, offering an exceptional living environment, with breathtaking views of the Mediterranean.

Cédric Grolet moves to Monaco at the Hôtel de Paris

As announced in preview on our website in September 2024, SBM has just officially confirmed the arrival of the famous pastry chef Cédric Grolet at the Hôtel de Paris. A tea room and boutique will open in the summer of 2025 in the hotel's patio, where Grolet will also serve as executive pastry chef. An exclusive creation dedicated to Prince Albert II is also announced.

New Constructions in Monaco in 2025: A Complete Guide

In 2025, Monaco continues to assert itself as one of the most exclusive and dynamic destinations in the world, thanks to a series of new constructions that are redefining its urban landscape. For decades, the Principality has attracted an international clientele due to its exceptional living environment, Mediterranean climate, and tax advantages. Today, it further enhances its appeal with ambitious real estate projects that combine luxury, modernity, and innovation.

Projects like Bay House, Le Lido, Villa Ninetta, Maison Valentina, and Villa Lucia demonstrate how Monaco manages to maintain a balance between tradition and innovation. The scarcity of real estate offerings, coupled with strong demand, ensures that prices will remain high, making these new projects safe and strategic investments.

Avenue Grande Bretagne Monaco: a central place

The Avenue de Grande Bretagne is a key artery in the Monte Carlo district, renowned for its central location and prestigious residences. Stretching from the Carré d'Or to the Boulevard du Larvotto, this avenue runs parallel to the Boulevard des Moulins and offers direct access to some of Monaco's most emblematic places, such as the Casino de Monte Carlo and the prestigious One Monte-Carlo building. It is a popular avenue not only for its proximity to luxury shops and essential services, but also for its convenient connections to other areas via public elevators and passageways connecting several buildings such as Le Victor Palace and Le Prince de Galles.

Property Traders in Monaco New Law

On Thursday, June 27, 2024, the national councilors voted on a law regulating property traders. Until now, these resellers were not subject to any specific regulations in the Principality. The law provides a definition of property traders' activities and the rules they must follow. How will this new law affect the price per square meter in Monaco in the future, and what will be the consequences?

Monaco, with its 2 square kilometers, is one of the smallest and most densely populated territories in the world. Although there are extension projects that will soon be delivered, such as Mareterra , where a lot of green spaces will be inaugurated at the end of 2024, the Principality remains very urbanized and limited in terms of space. The Monegasque government is working to create green spaces, but it is extremely rare to find apartments or houses with private land. Every square meter is used to the maximum, and even the few owners of green spaces are looking to optimize the profitability of their land. 

In 2024, the average price per square meter in Monaco is around 55,000 euros, which can reach up to 110,000 or 115,000 euros for some properties. This makes every square meter particularly valuable and coveted. Our agency, one of the most present on the Monegasque real estate market, has access to exceptional properties, including off-market offers with large terraces and outdoor spaces.

We offer prestigious residences such as the Palazzo Leonardo in Fontvieille, offering hundreds of square meters of terraces with sea views, or buildings such as the Parc Saint Roman with its private park. New constructions such as the Bay House also have very large outdoor areas. In addition, we have penthouse options in buildings such as L'Exotique, where rooftop terraces are equipped with private swimming pools.

Despite the difficulty of finding private gardens in Monaco, we currently have a very rare property located on the Rock of Monaco. This exceptional duplex has pleasant terraces, a bright internal patio, and a unique feature: exclusive access to the Jardins Saint-Martin. These public gardens, with their stunning views of the Mediterranean Sea, become a private space for the owners of this apartment after closing to the public. They can enjoy this park as if it were their own, offering an unparalleled living experience in Monaco. Our agency is proud to offer this exceptional property, which we will describe in more detail in the following paragraph.

Rental costs in Monaco: what to expect

In Monaco, the rules for renting an apartment are different from those in other countries. Do you want to move to Monaco and obtain Monegasque residency ? If so, this article details all the costs you need to plan for when renting your first apartment in Monaco.

What are the rules for leases subject to VAT in Monaco?

In the Principality of Monaco, the taxation of commercial leases, in particular the subjection or exemption from VAT (Value Added Tax), may seem complex to the uninitiated. This article aims to clarify these rules for commercial, industrial and administrative leases, and to explain why VAT applies to some leases and not to others. Although our site deals with Taxation in Monaco and its Taxes , we would like to explain in detail why certain leases are subject to VAT in Monaco.

Why UK Non-Doms Should Consider Moving to Monaco for Tax Benefits

For many years, the non-domiciled (non-dom) tax regime in the UK has allowed residents to benefit from favorable tax treatment by paying taxes only on the income they remit to the UK. However, recent legislative changes have significantly altered this landscape. Starting from April 6, 2025, the UK will abolish the non-dom tax regime. This means that all UK residents, regardless of their domicile status, will be taxed on their worldwide income, a significant shift from the previous remittance basis system.

Formula 1 Monaco Grand Prix 2024 Everything You Need to Know

The Monaco Grand Prix is one of the most prestigious and iconic races in the Formula 1 championship. Since its first edition in 1929, this race has captivated motorsport enthusiasts worldwide with its unique layout through the narrow streets of the Principality of Monaco. The circuit, with its tight corners and spectacular views of the Mediterranean, offers an unparalleled challenge to drivers and an unforgettable experience for spectators.

Monaco and the FATF's grey list: Impacts and responses of the Principality in 2024

In 2024, the Principality of Monaco is at a crucial regulatory turning point in the face of the threat of being placed on the Financial Action Task Force's (FATF) grey list. This prospect raises questions about the possible implications for Monaco's financial sector and its attractiveness as an international financial centre. Historically, even a placement on the FATF's non-cooperation lists has not seemed to have a lasting effect on the local real estate market, which continues to thrive thanks to the persistent scarcity and luxury of properties.

Find Buildings close to the new ISM (International School of Monaco)

The International School of Monaco (ISM), one of Monaco's leading international schools , has long been a pillar of educational excellence on the French Riviera, attracting families from all over the world eager to provide a top-tier education for their children. Founded in the picturesque Port Hercule district, close to the Le Ruscino building , the school has evolved over the years, recently marking a significant milestone with the opening of its new campus within the ultramodern Testimonio II complex.