Monaco is a city that has been thriving lately. This is because of the real estate industry that has taken the investment market of this city by storm.

1. Michele Tecchia: Real Estate in Monaco is still a
Investment Opportunity
Monaco is a city that has been thriving lately. This is because of the real estate industry that has
taken the investment market of this city by storm. In this city’s industry lies developers, broad-
minded investors like Michele Tecchia and, above all, great opportunities. Michele Tecchia
Monaco noticed the city’s real estate high growth potential and immediately started investing
in the industry. Since he ventured into this business, he has achieved great milestones. This can
be seen from various projects he has been involved in, such as development and value addition
to properties.
On the other hand, London has several reasons that make it worth doing this kind of
investment, but not as good as Monaco. Being the capital city of the UK, it is a popular place for
investment because of the high demand for rental and housing properties. But for various
reasons, like climate and taxation, it could offset the attractiveness of London.
Comparison of investment of real estate in both of these cities
This kind of investment in these cities is a great idea. But as with any other market, this
investment in the cities has advantages and disadvantages. We will compare these two cities’
investments by outlining their pros and cons. At the end of this article, you will be able to point
out which of the two cities is best for this investment.
Now into the crux of the matter, let’s first look into the pros and cons of this investment in
Monaco.
Advantages as Noted by Michele Tecchia
According to Michele Tecchia, this is a great city for this investment due to the following
reasons;
It is a great location. Perhaps, the city is located in one of the best spots in the world. It has
legendary sumptuous-looking buildings that mainly attract investors. The port city is also
amazing in that it provides excellent access to the Grand Prix, one of the thoroughfares in the
city.
The city is easily accessible by sea or air. As it is a port city, it is easily accessible by water. It has
airports that make it also accessible by air. This makes it an ideal place for a good lifestyle and
this investment.
The city is full of culture and art. Despite being small-sized, its capital and old city, Val de Grace,
holds a lot of beautiful architecture. They include the Prince’s Palace, Arsenal Stables, Casino

2. Monte-Carlo, Palais Princier and Hotel de Paris, which are all World Heritage Sites for UNESCO.
This old city also has various great art galleries which attract many visitors.
It has an excellent lifestyle. Because the city is a port, it has beaches such as the Palm Beach-
style. Spending time on the beach is one excellent way to have a luxurious lifestyle. For this
reason, the city can make an excellent place to rent out or, even better, build rental properties
for investment.
It has a continuously growing luxury market. Places like Monte Carlo have attracted wealthy
individuals, for it offers significant tax relief for those who want to invest or settle in the city.
This city is mostly sort for commercial and residential property investment and has continued
attracting the wealthiest customers.
Michele Tecchia concludes by saying, “this is why real estate in the city is an investment
opportunity.”
Disadvantages
Investing in this city can be too expensive. The city’s real estate is among the most expensive
globally. Therefore, you need to have enough money to start this investment. This is why the
city only attracts the wealthiest people worldwide to invest.
Advantages of this kind of investment in London
High rental returns. Rental returns are among the most important things to consider when
investing. Investing, especially in buy-to-let properties, brings about high rental returns to
investors.
High demand for properties. The number of people searching for rental properties is higher
than the number of rental properties that are available in the market. Therefore, investing in
building rentals or houses to sell would greatly benefit investors and those searching for rental
houses.

3. With the rise in property prices in London, many investors are turning to alternative regional
cities. Major cities in the United Kingdom’s regional areas, such as Manchester and
Birmingham, are venturing into development projects and major regeneration, which improve
amenities and connectivity. These projects, in turn, add value to properties in these cities as
they become more attractive to businesses and residents, increasing the need for this
investment.
Leads to low interest rates. Low interest rates allow lenders such as banks and building societies
to offer low property mortgage rates to investors and small lenders. This allows investors to
remortgage the existing properties at lower rates in order to get a better value out of these
property investments.
Disadvantages of the investment in London
As we had seen earlier, taxes are among the main reasons that could offset the attractiveness
of London limiting the investment. On top of the property cost, investors are also required to
pay stamp duties in the UK. Such taxes can amount to a considerable premium for just investing
in properties in the United Kingdom.
Climate change. Harsh unavoidable impacts due to climate change make London less attractive
to investors. Sometimes London experiences heavy downpours, which causes flooding, which
as a result, causes significant damage to properties.

4. Strict loan criteria. Financial institutions in London appear to be tightening their lending
standards on new loans. Therefore, investors ought to be aware that their properties need to
be performing very well in order to cover not just the mortgage but other payments before
they get approved to receive a loan.
With the advantages and disadvantages of investing in these cities, Monaco is by far better for
its advantages are more while its disadvantages are less compared to those of London.
Michele Tecchia gives his final thoughts regarding Investment in Monaco
This is one of the cities Michele Tecchia Monacohas practised his skills and earned immense
experience in the industry. He notes that “finding a listing that have the right location, design
and also price in this city, whether selling or buying a home is not easy. But this doesn’t mean
the city’s market has a lot of competition and no space left for incoming investors. Instead, it
means that there is a likelihood of the city becoming more exclusive in the coming days
considering the appreciation rate and current growth.” This shows the high rate of this
investment going on in this country.