Monaco - Millionaire Reserve
Monegasques (as the locals call themselves) manage from time to time to solve their "housing problem" without declaring war on neighboring France. Land is taken from the sea, filling new…

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The legendary king of the opera Monte Carlo
Already 1893 became a historical year in the life of the Monte Carlo Opera. Among the nine new productions performed by Gunsburg in his first season, of course, the world…

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The memory of a trip to Monaco (part 1)
In travel plans, a visit to the state of Monaco was not made in advance. But, since these places were nearby, we decided to visit as many attractions in the…

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Your home next door to presidents and princes

Monte Carlo, Nice, Cannes … Sandy beaches and golf courses, fashionable resorts and princely palaces, palm trees and valleys with vineyards – all this excites the imagination and attracts many tourists not only from different parts of Europe, but also the whole world . Holidays in the Principality of Monaco and on the Cote d’Azur of France is considered very prestigious. But you can come here not only as a tourist – the ELTA law firm offers to become the owner of real estate in this fertile place.

A distinctive feature of the company is that it selects objects located along the Cote d’Azur from Monaco to Saint-Tropez, has a large package of offers in the principality itself, and, if desired, can find property on the other side of the border – in Italy.

In Monte Carlo and the French Riviera, celebrities such as actresses Bridget Bardot and Gina Lolobridgida, actors Arnold Schwarzenegger and Jean-Claude Van Damme, singer Luciano Pavarotti, former Beatles Ringo Star, top model Claudia Schiffer and fashion designer Pierre Cardin, athletes Michael Schumacher and Boris Becker, owners of cognac and rum empires, Mr. Hennessey and Mr. Buckardi. And also – the “mighty of this world” – French President Jacques Chirac and President Zaire Mobuto, and, naturally, the most popular heroes of worldly chronicles – the rulers of Monaco from the princely family of Grimaldi.

Anyone who has the opportunity to do so can join them. And they should be considerable: real estate on the Cote d’Azur is one of the most expensive in France, and apartments in Monaco (individual houses are practically not sold there) can only afford the richest people. So, ordinary apartments in Monaco: living area 340 square meters. m, three bedrooms, three bathrooms plus a beauty salon with shower, lounge, study, living room, dining room, equipped kitchen, four huge loggias with sea and mountain views cost $ 3.400.000. In addition to the apartment there is a common garden and a garage for two cars. Moreover, the size of the apartment itself is not the most important factor in determining its price. So, a modest studio apartment – studio – with a living area of ​​30-40 square meters. m, kitchen, bathroom, toilet and a loggia in Monaco costs $ 800,000. First of all, it is appreciated that the apartment is located in the principality itself – if you allowed yourself this, then you have enough money to be a worthy resident of this small and rich state. Even if you didn’t buy it, but only rent an apartment in Monaco (such a pleasure on average costs $$ 2,000-3,000 per month), this serves as a sufficient basis for the local authorities to provide you with a residence permit. A significant benefit, however, is the absence in the principality of taxes on donating real estate and its inheritance.

On the Cote d’Azur, 1 square. m of apartments costs from $ 3,000. The minimum price of the villa is $ 1,000,000. On the Cote d’Azur 1 sq. Km. m of apartments costs from $ 3,000. The minimum price for the villa is $ 1,000,000 (with pink marble flooring and washbasins made of semi-precious stones, rose flower beds, olive groves, pools, a private yacht pier, etc.). It is curious that most of the villas are “sold” along with the servants (naturally, at the same time, they do not become your property, remaining free people who are paid well-deserved salaries). Just knowing the house thoroughly old servants will be better to keep an eye on him than recruits. It is also worth noting that the service staff in the villas of the French Riviera consists almost entirely of Portuguese – apparently, they have a considerable calling for this. Those who have not accumulated all the means to become a neighbor of outstanding personalities should not be completely upset. Local banks issue a mortgage loan, which accounts for 50% of the value of the property sold. The annual percentage is 9–9.5% in French francs and 6–6.5% in US dollars. Both in France and in Monaco, a loan is issued for a period of 5, 10 or 15 years. Given that real estate in Monaco and the Cote d’Azur is very expensive, through the ELTA company you can simply rent a villa or apartment for a vacation or work for a period of one month to one year or more. The minimum cost of renting a villa in Monaco is $ 24,000 per month for 1,000 square meters. m square. But such an option is difficult to find, since the principality is very small and almost all are built up with apartment buildings in place of old large villas. The rent of, say, a two-room apartment (bedroom + living room) in Monaco starts at $ 1,500 per month, plus 10% for various amenities: elevator, intercom, concierge, etc.During a study trip to France, the company provides potential buyers with visa support, bookes air tickets and a hotel (in especially prestigious hotels located in Monte Carlo, ELTA customers receive 20 percent discounts on accommodation). Representatives of the company meet potential buyers at the Nice airport, they are offered, if necessary, an interpreter, and they are given the opportunity to meet experienced lawyers who will advise on taxation and residence permits in Monaco and France.
The company will also help to become a property owner and obtain permanent residence in Hungary, the Czech Republic, Spain, New Zealand, Germany, Malta, Cyprus and other countries.

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