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A Place for the Wealthy ~ Monaco

Posted on May 01 in Europe, Monaco, Slideby ShelynPrintText Resizer Text Resizer
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Do you like ocean?
Do you like ocean with plenty of sunshine all year round?
Do you like Formula One Grand Prix?
Do you like sailing everyday?
Do you like gambling every night?

If you have ‘Yes’ for all questions, correction, if you have ‘Yes’ for >50% of the above questions, then Monaco is your place!!

Monaco is one of the destinations of my Italy trip in 2007.

It’s the world’s most densely populated sovereign country, and the world’s smallest French-speaking country. An average person takes only 56 minutes to walk across the width of the country.

Most people don’t care much about the detailed of the countries that they visit or read. But then since you’re reading the blog, might as well try to absorb some information to show off how knowledgeable you’re.

So I’m going to put down some boring but good to know information:

Location: Located between the South of France and Italy, right on the Mediterranean Ocean. Size: The country is only about two squared kilometres in area, but still boasts a population of over 30,000 people, making it the most populated country in the world.

It’s the second smallest country in the world after Vatican.

It’s famed for:

@~ Tax Haven

@~ Playgroud for the party-friendly billionaires, with it’s renowned Monte Carlo Casino.

@~ The Grand Prix is another major part of Monaco too, but it does boast many other exciting sports and activities.

Want to know more? Visit your best friend http://en.wikipedia.org/wiki/Monaco

Most Populated Country in the World as depicted in the photo.
All rich and famous pack into this small country.
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Even the port is packed with boats.
Monaco with one of the best yacht harbours in the world.

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You don’t call yourself rich if you don’t at least own a boat.

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Want to know about real estate value in Monaco? Be prepared…
A studio 28m2 (300 square feet) on the Boulevard d’Italie is on the market for 350,000 Euros.

A two bedroom 95m2 (1000 square feet) with a terrace of 23m2 (247 square feet) apartment in Monte Carlo with views of the casino and the Grand Prix circuit is 1,900,000 Euros.

A three bedroom 229m2 (2400 square feet) with a terrace of 79m2 (850 square feet) apartment is 4,950,000 Euros.

Source from: http://www.monacoproperty.net

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Took a lot of pictures of the sail boats because Don loves sailing… haha…

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Monaco is surrounded by the ocean. For those who love ocean and luxury life, here is your ideal place to live.

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Luxury cars are just everywhere in Monaco.

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Avenue Princess Grace in Monte Carlo has made its way to the most expensive streets in the world for residential property. 4 bedroom apartments can sell for as much as US $ 40 million.

Source from: www.wealth-bulletin.com

This is Monte Carlo casino.
We wandered around outside of the casino but I didn’t take any pictures. Back to that time I haven’t started blogging, so pictures weren’t that important to me :-p

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Established in 1863, the casino in Monte Carlo is the most famous location in the world for roulette, poker and blackjack. The casino opens its doors at 2pm, can you imagine this??? Casino in Genting Highlands open 24 hours!! If Genting casino open only at 2pm, I bet all those aunties uncles gonna bomb the doors.

Suitable attire is expected in Monte Carlo casino also, like jacket and tie, no shorts or flip flops. The current admission price is 10 Euros. That’s why we didn’t enter casino. I’m only earning Ringgit Malaysia which is too pathetic to spend that 10 Euros.

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In fact there was nothing much to do in Monte Carlo.

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We just wandered around doing nothing.

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While Evelyn and I had nothing to do, my mum and her friend went for shopping.

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We spotted this super cool box to keep your baby teeth.

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Once again, look at this place which is jam-packed like sardin.

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Unless you’re rich enough to own your properties here otherwise, there is really nothing much you can do in Monaco.
Thought you might be interested (I can only relate Monaco to Money).
10 Most Expensive Cities to Own a Home (as reported in 2009): Source from OverseasPropertyMall

1. Monte Carlo – With average prices of $47,578 per sq.m.

2. Moscow Moscow clocked in with $20,853 per sq.m.

3. London London is only a fraction behind Moscow with $20,756 per sq.m.

4. Tokyo - Tokyo real estate costs $17,998 per sq.m.

5. Hong Kong – Our TVB country, $16,125 per sq.m.

6. New York - Costs of $14,898 per sq.m. offer you a home in one of the most vibrant cities in the world.

7. Paris – Buying a home there requires some decent funding with $12,122 per sq.m.

8. Singapore - It’s quite surprised to know that Singapore is ranked within top 10 with $9,701 per sq.m. Wow…

9. Rome – Didn’t know I visited 2 of the top 10 most expensive cities within a trip, $9,166 per sq.m.

10. Mumbai - $9,163 per sq.m.

So? Tell me which place you’re going to buy so I’ll buy one to be your neighbour.

9 Comments

  • LZ says:

    I went there last winter, and it was so..sunny! It feels like a tropical place for me!

    It’s a really beautiful country, but it feels like a toy city for me. Everything there is so modern and high class.

    Heard that only Monaco residents are allowed to own properties there. =)

  • LZ says:

    I went there last winter, and it was so..sunny! It feels like a tropical place for me!

    It’s a really beautiful country, but it feels like a toy city for me. Everything there is so modern and high class.

    Heard that only Monaco residents are allowed to own properties there. =)

  • Shelyn says:

    Hi, I went there during winter time also. Yup, it was sunny, but not hot, that’s why I like it.

    hmm… I don’t think so that only Monaco residents can own the properties there. Unless all the world’s wealthiest people are from Monaco.

  • fufu says:

    wow great!! i chose genova(italy) instead of monaco… but will definitely go visit monaco one day if i have the chance going back to europe… but well wanna go to east europe also…. hihihi

  • Shelyn says:

    You must be a rich boy.

  • Your website is very good I m gonna read more, thanks

  • Hello – just a quick note to say thanks for this article. Very informative.

  • As a Newbie, I am always searching online for articles that can help me. Thank you

  • I visited this place last month and it was simply amazing. And yes it is true that Monaco is for the rich and famous. Everything in this city is brilliant and always leaves you in awe.

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