Monegasque life is punctuated by prestigious festivals and exhibitions. The International Circus Festival, the Printemps des Arts de Monte-Carlo music and dance festival and the Formula 1 Grand Prix are among the most important events in Monaco. All these events attract fans from all over the world. This influx of tourists ensures regular lettings, making the Principality a highly profitable place for rental investment.
Monaco, a popular tourist destination for rental investment
Monaco is a popular tourist destination on the Côte d’Azur. The Principality welcomes tourists all year round thanks to its major cultural and sporting events. Events such as these help establishments to achieve excellent occupancy rates.
This influx of tourists during events such as the Rolex Monte-Carlo Masters contributes to the rise in property prices in Monaco. This is partly due to the continuing demand for rental properties, while supply is limited due to Monaco’s size.
The organisation of events in Monaco is favourable to rental investment. By encouraging tourism, they ensure regular rentals. Investing in Monaco’s luxury real estate market is a profitable proposition, thanks to high rental demand throughout the year.
Despite being a top tourist destination, the Principality is not overrun by tourism. It does not seek to attract the widest possible audience, but is aimed at a prestigious clientele. This is why the cost of living in Monaco is higher than in France.
Cultural events in Monaco
Culture is in the spotlight all year round in Monaco. Concerts, shows and exhibitions are regularly organised at the Opéra de Monte-Carlo, the Théâtre Princesse Grace and the Grimaldi Forum. The Rainier III auditorium is also a cultural mecca. The famous Monte-Carlo Philharmonic Orchestra performs there.
This year, the Principality will be hosting a number of world-renowned festivals:
- The 2025 edition of Printemps des Arts de Monte-Carlo is dedicated to Pierre Boulez, a leading figure in contemporary music.
- The Monte-Carlo Summer Festival, a music festival renowned for its varied programme.
- The Monte-Carlo Television Festival dedicated to the small screen and trends in the sector.
- The Monte-Carlo Film Festival is dedicated to the silver screen and is held at the Grimaldi Forum.
- The Monte-Carlo International Circus Festival created by Prince Rainier III.
Every year, the Monaco Yacht Show also attracts a large number of enthusiasts. This international show is a key event in the luxury yachting sector. As for contemporary art lovers, they can attend the 9th edition of the Art Monte-Carlo festival organised at the Grimaldi Forum.
Sporting events in Monaco
Sports feature heavily in Monaco’s events calendar. Every year, the Principality plays host to the Formula 1 Grand Prix. This legendary race attracts almost 100,000 spectators, a real godsend for rental investment.
The Rolex Monte-Carlo Masters is another major sporting event in Monaco. It brings together world-class players to compete on the clay courts at the Monte-Carlo Country Club. This all-male tennis tournament is one of the most prestigious in the world.
Other sporting events also help to boost occupancy rates, for instance AS Monaco matches held at the Louis II stadium. Jumping International de Monte-Carlo also attracts riders from all over the world.
The Principality is a destination rich in cultural events. Every year, it plays host to numerous festivals and sporting competitions. This tourist buzz ensures a high occupancy rate, which is favourable to rental investment. To invest in Monaco, put your trust in Coletti Real Estate. Our agency offers a property management service for complete peace of mind.
