Property prices in Carré d’Or Monaco
The Carré d’Or is undoubtedly the most expensive place in Monaco, as it is located in the heart of Monte Carlo. The exclusive location not far from the casino and in the midst of the luxury shopping district appeals to many investors. The Carré d’Or is and remains an investment of the luxury class in Monaco, also or especially compared to other high-priced districts of the principality. The Carré d’Or is the so-called shop window of Monaco, en francais “la vitrine de Monaco”. This is why the Carré d’Or is always interesting for investors. In 2015, for example, “bargains” for 50,000 euros per square meter were still available in Bouligrins. In Petit Afrique, which was not yet completed at that time, they were already selling apartments in 2015 at a minimum price of 100,000 euros per square metre. Various local real estate agents believe that the trend, not only for Petit Afrique, is on the rise.
The latest real estate project in the Carré d’Or is “One Monte Carlo”. Behind it are luxury apartments in the newly designed Carré d’Or. The prestigious project was inaugurated on February 22, 2019 by Albert II. The complex includes luxury apartments, a conference centre and boutiques of luxury brands. According to the advertisement, this means everything that belongs to a luxury residence, in the original to an “ultra prime location”.