Dive into the luxurious world of Monaco real estate as I interview Irene Luke, the managing partner at Savills Monaco. In this enlightening conversation, Irene sheds light on the intricate process of buying property in the world’s most expensive residential market.
From the initial stages of identifying the right property to understanding the role of notaries in the transaction, Irene offers invaluable insights for potential buyers.
Monaco, with its breathtaking views and enviable lifestyle, is a dream destination for many. However, with its limited land and high demand, the real estate landscape is ever-evolving. Irene emphasizes the importance of managing expectations, especially given the finite number of apartments available for sale. She also touches upon the unique challenges and considerations, such as the potential of losing a coveted sea view due to ongoing constructions.
The interview also delves into the benefits of renting before buying, allowing newcomers to familiarize themselves with Monaco’s distinct neighborhoods. With areas like the beach being a hot favorite, Irene suggests that renting can be a strategic way to truly understand one’s preferences before making a significant investment.
For those considering a move to Monaco, whether for its tax benefits, safety, or the allure of the blue seas and sunshine, this interview provides a comprehensive look into the property market. From the rapid transaction possibilities to the nuances of the notarial system, get a firsthand account of what it’s like to navigate Monaco’s real estate world.
Interested in diving deeper into Monaco’s luxurious real estate landscape? Explore more with Irene Luke at Savills Monaco. Visit their website at www.savills.mc and discover your next dream property in the heart of Monaco!
