Investment and Luxury Properties in Wards of Monaco

Located on the French Riviera in Western Europe is Monaco, a small sovereign city-state, bordered by France on three sides and the Mediterranean Sea on the fourth. Monaco is well situated providing easy access to such locations as Marseille and Nice in France, and Genoa and Milan in Italy.

One of the things that stands out for wealthy real estate buyers and investors is that Monaco a tax haven, with no personal income tax, no capital gains tax, and no property tax for residents.
Monaco has 10 official wards or districts, though it is sometimes divided into four traditional quarters for statistical and historical purposes.

The 10 districts in Monaco are Monte-Carlo, La Condamine, Monaco-Ville, Fontvieille, Larvotto, La Rousse, Saint Roman, Jardin Exotique, Moneghetti, and the Mareterra area.

In Monaco, Larvotto is the premium seaside type area, having claim to the only usable public beach, a promenade, and with some properties having a direct Mediterranean view, but as with all of Monaco land is scarce so prices are on the high side as one would expect.

Monte Carlo is the world famous and super luxury area if looking for properties to buy, invest or rent. Monte Carlo has the world famous Monte Carlo Casino, as is the go to location for all the highest earners, celebrities and investors looking for the best options available in Monaco.

If seeking a new and interesting area in Monaco, Fontvieille, which is built on reclaimed land can offer private buyers and investors luxury apartments, and can be seen as lower priced when compared to Monte Carlo.

La Condamine, situated near the main harbour of Monaco referred to as Port Hercule again provides options on luxury priperties to buy for personal use or to rent out, in an area less visited by tourists.

Jardin Exotique is a choice for those looking for panoramic views of Monaco and the Mediterranean, being on higher ground, has fewer tourists and is seen as a quiter area.

Where is Monaco