Monaco is a principality and port city on the Mediterranean Sea, on the French Riviera, in southeastern France. Monaco is the smallest of the three independent microstates that comprise the Principality of Monaco (the other two being Andorra and Liechtenstein).
Montecarlo is the most central part of the Principality of Monaco. Monte Carlo is a major destination for high-end shopping and fine dining. It has the largest concentration of shops and restaurants in Monaco.
There are three main areas to see in Montecarlo. The most popular one is the Casino of Montecarlo, which is situated in the heart of the city. It has also been features in many movies and it is a must-see.
Furthermore, among the main areas to see in the center, there are the Café of Paris and the Hotel of Paris, the oldest one in Monaco.
After a decade of stagnation, luxury sales in Monaco (Montecarlo) saw a remarkable rebound in 2021, led by the purchase of two million square meters of land for the construction of large-scale residential projects and commercial towers.
During the first six months of the year, luxury sales in the Principality increased 25 percent compared to the same period in the previous year.
A recent trend towards large-scale projects reflects the strong demand of the luxury market, with prices for land in the most sought-after neighborhoods increasing at a pace of more than 40 percent since the beginning of the year.
In Montecarlo you can find private mansions, villas, prestigious apartments and many exceptional properties.
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