It really had to happen didn’t it? Just a few months after the Indian billionaire Mukesh Ambani unveiled the world’s first $1 billion private residence, a sky-scraping luxury tower in Mumbai, we now have the streets of Monaco set to sail the sea as the world’s first $1 billion dollar yacht.
Posts Tagged ‘monaco’
Streets of Monaco to Sail the Seas as first Billion Dollar Yacht
by Overseas Property Mall on Tuesday, January 18th, 2011 in Billionaire Homes
Property Grand Prix – Monaco
by OP-Mall on Tuesday, May 27th, 2008 in French Property, Monaco Property
Monaco proved to be another thriller of a Formula # 1 race this year with plenty of action and unexpected twists and turns. The team with the best judgment calls won fair and square this year with Ferrari’s Kimi Raikkonen suffering a wheel location problem before the start which resulted in a drive through penalty during the race followed by a loss of control in the tunnel which took his nose off. This cost him dearly as he lost his championship lead to Brit Lewis Hamilton who now leads by 3 points over Raikkonen.
Hamilton won Monaco thanks to the decision by the team to make it a one stop race which proved the right thing to do.
- Lewis Hamilton (McLaren-Mercedes)
- Robert Kubica (BMW Sauber)
- Felipe Massa (Ferrari)
Ferrari still leads the McLaren-Mercedes team by 16 points at this stage but tables can quickly turn and maybe the lucky streak has run dry now for the red team. Time will tell when Canada heats up on the 8th of June next month.
Mingle with high society
While spectators reveled in the changing weather, property investors were no doubt checking out the goodies Monaco has to offer on the real estate side of things.
Just to give you a rough idea on Europe’s prices for square meters, check out the table below. Monaco is clearly the leading city by far with Carre D’Or” (Square of Gold) around the Place Du Casino in Monte-Carlo being the most prestigious of all.





