Feb 28
The new wave of British buyers is welcomed by Monaco realestate agents as their funds are more likely to be legitimately earned, while some of the 90’s Russian cash was often a little suspect. Twelve years ago the nouveau riche Russians were bringing suitcases of cash to the Cote d’Azur and Monaco to buy [...] With quite ordinary one bedroom apartments at just under a million Euros, and a typical three bedroom apartment at over three million Euros, realestate prices have more than doubled in Monaco in the last ten years.
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