In comparison, the same amount would get you 34 square meters (about 366 square feet) in New York — the world's sixth ...

So, when space runs out, Monaco has a solution: reclaim land from the sea. The €2 billion ($2.1 ... to meet the growing demand for high-end real estate. And it’s working.

In 2024, the ultra-wealthy principality saw 57 new homes sold for over $20 million, while seven surpassed the $100 million ...

To address the space constraints, Monaco has been reclaiming land from the sea for decades. In 2019, Savills said it was investing more than $2 billion to extend Monaco's coastline by a further 15 ...