The real estate market is reaching new, record-breaking highs in Monaco. With new constructions blossoming all over the Principality, almost 90 new apartments were sold last year for a record-breaking 1.19 billion dollars total. The average price of new real estate sold in 2022 was €13.5 million.
The first contributions to the Pelagos Voluntary Fund... half a million euros already... are targeted to improve conservation measures in the only international area dedicated to marine mammals in the Mediterranean. It is indeed an area characterized by extraordinary biodiversity, in which eight species of cetaceans (whales etc.