Article: Monaco Realtors In Last Chance Saloon
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Monaco Realtors In Last Chance Saloon
The annual yacht show in Monaco always guarantees Europe?s second smallest country?s hotels are full, and this year will be no exception.
The show has grown in popularity over the fifteen years since it began, and this year will see Monaco?s Port Hercules play host to over ninety of the world?s finest yachts and five hundred of the world?s best yachting companies.
The luxury yachting market has tripled in the last eight years, and helped along by orders from Russia?s ?nouveau riche?, the industry has seen an increase in orders of over a quarter in the last year alone.
But while luxury and Monaco are often associated, poor sales and a possible drop in property prices haven?t been seen in the Prinicpality?s real estate sector for over a decade.
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