Michele Tecchia about Monaco Real Estate
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Michele Tecchia : What effect the recession will have on property markets in Monaco ?

Prices in Monaco historically remained stable, with relatively small percentage increases over the past couple of years for Prime and also super-prime properties. What’s happening now, or what’s not happening is a waiting game, who have property to sell can wait and who searching for something to buy, or waiting to see what will happen with …

Michele Tecchia monaco
Michele Tecchia Real Estate

Michele Tecchia : the climate of the French Riviera is an obvious draw, especially for Brits and Northern Europeans… What are some of the other factors shaping the second home market in Monaco ?

Michele Tecchia : We’re seeing the shift to that second home market. And, obviously, in many cases that need has changed to be much more about a longer, more sustainable home for that lock down window. So really, that comes to some of the more practical natures of the property and its ability to communicate. …