New Luxury Residences Open in Monaco

By Paul Joseph

Located in the heart of Monaco, 23 Boulevard de Belgique is a new development comprising 21 luxurious private apartments, all offering striking views over both the Italian and French Rivieras.

Designed in the Belle Epoque style by renowned architect Alexandre Giraldi, the development launched during the Monaco Boat Show in September, with at least eight of the apartments already pre-sold.

The residences range from two-bed properties to three-tier penthouse apartments, priced at €40,000 - €55,000 per square metre. The penthouse apartment is arranged over two floors and with a roof terrace with plunge pool and magnificent views over Monaco’s port.

Paul Humphreys, Head of Knight Frank France, said: “We are delighted to have sole international agency rights for what is a unique property, in terms of prestige, property and location.

“We’re finding that buyers are once again entering the Monaco market, and we are beginning to see an upward trend in sales.”

The development’s interiors were designed by Jacques Garcia who was responsible for Hotel Metropole in Monaco, Hotel Costes in Paris and Ladurée, the famous Parisian tearoom.

By Paul Joseph