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Housing in Monaco: Market Overview

House Hunting in … Monaco

Market Overview Monaco is the most expensive property market in the world, according to a recent report by the international real estate company Savills: in 2016, the average resale price was $45,360 (or 41,400 euros) per square meter, compared with $42,840 (or €39,100) per square meter in Hong Kong and $31,994 (€29,200) in Tokyo, the next-most-expensive markets. The average price …

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World No Tobacco Day: How Monaco is cutting down on smoking

World No Tobacco Day

World No Tobacco Day is an opportunity to learn about the risks of smoking, for both smokers and their relatives. Mohamed Mouhssine, a tobacologist at the CHPG, gives details on the program to help smokers cut down and raise awareness among youth. In 1988, the World Health Organization organized World No Tobacco Day, which takes place every 31 May. An …

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Helicopters traffic to Monaco for Grand Prix

helicopters

In this article we share details of the helicopter traffic coming and going from Monaco for the big events of the Grand Prix. On the heliport landing area, at least 750 helicopters are expected today. Or, a landing every 40 seconds. An incessant flow that requires a well-oiled machine On the tarmac of the heliport of Monaco, the noise is …

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Property market trends: first quarter 2017

Monaco

According to the latest study by the Real Estate Observer of ‘Crédit Foncier’, the housing market in PACA is expected to sustain in 2017. The report reveals that in 2016, activity in the housing market accounted for 29% of total transactions for the Alpes Maritimes and 22% for Var. In general, prices have increased in the coastal departments, but prices …

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Сhange of Direction in Albert II Tunnel

Albert II tunnel

A Change of Direction The direction of traffic was reversed yesterday for an hour, during post-work rush hour, to test the alternative possibility of diverting traffic in the event of high traffic. This possibility was first tested for a few minutes during the Easter holiday, in order to check the technical feasibility of the project. Yesterday afternoon, a bigger test …

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