THE ADDRESS Magazine No16

Page 184

wonderful seascapes, top-notch local cuisine and farm-fresh produce, history and culture. But wise high net worth buyers come for other reasons too, including knowledge that their investment will be a solid one and that the region offers a superior quality of life. The evidence suggests that many buyers keep their properties for the long term and are therefore little affected by temporary tax structure variations. For those who enjoy living the high life, the benefits of a penthouse home in the heart of the French Riviera are readily acknowledged. In addition to the regular breezes, generous amounts of natural light and panoramic views across the Mediterranean Sea, there is the unique sense of space that is nearly impossible to replicate. Located next door to Monaco, in the picturesque village of Roquebrune-Cap-Martin, a suite of three brand new penthouses is now available for connoisseurs of fine living. The sovereign state of Monaco on the French Riviera has remained the most expensive real estate market in the world for the second year running, with the average price of real estate here anywhere from €43,174 to €47,774 per square metre. Yet whilst Monaco continues to attract international wealth, its burgeoning market is also having an effect on surrounding towns, by driving to them buyers who have been priced out of the immediate area. Monaco’s market is prohibitive to most lifestyle and investment buyers, yet it remains one of the most popular destinations in the Côte d’Azur. The result is that there is a considerable market overspill into the surrounding towns, especially by those who want that dream property on the south coast of France. Monaco’s neighbouring town of RoquebruneCap-Martin is a perfect example: it has the beach, the bay and the harbour, it is only five kilometres from Monaco and yet prices are a fraction of those in the principality. 184

Famous for the Monte Carlo Rolex Masters tennis tournament and an imposing castle, thought to be the oldest in France, Roquebrune-Cap-Martin is a charming coastal town. Its rich Roman history is felt everywhere, with narrow streets, ancient stone houses and gorgeous fountains. From its commanding hillside position, the town offers breathtaking views of the coast toward Monaco. Roquebrune-Cap-Martin has always attracted an international clientele in search of natural beauty and absolute exclusivity mere minutes from the sophistication of neighbouring Monaco. International access is made easy, with Nice Côte d’Azur International Airport just 30 kilometres away. Here is an opportunity to elevate one’s lifestyle in a coveted penthouse in Roquebrune-CapMartin. Designed with contemporary specifications and aesthetic detailing, there are only three penthouses in this luxurious complex. Boasting dazzling panoramic ocean views and occupying a dominant position – just 300 metres from the Mediterranean Sea, with Monaco right on the doorstep – the luxury penthouses provide an affordable way to own a brand new and highly desirable Riviera property. The location is the epitome of convenience, being just minutes from the beach and Roquebrune-Cap-Martin’s many excellent shops, restaurants and cafés. Stylish design, clean architectural lines, airy open spaces, expanses of windows, sea view panoramas and fabulous light are hallmarks of the luxury penthouses. The penthouses’ décor combines beautiful wood with smooth stone to create a calming palette of elegant muted tones and distinctive textures. Each penthouse will be crafted to an excellent standard. Each will be fitted to the highest specification, with top quality finishes and the latest technology. Ranging from 62 m² to 81m² of impeccable modern living space, the three stunning pent-

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