Confirming his commitment for more environmentally friendly solutions, he has decided to use a Lexus hybrid car at the occasion of his marriage to Miss Charlene Wittstock on Saturday 2nd July 2011. This Lexus LS600h has been specially outfitted with the royal flag, “MC 01” license plate and flashing lights.
The prince has long been a supporter of hybrid and electric mobility solutions and offers a massive tax credit to anyone who chooses to buy an electric car.
Prince Albert II of Monaco, long one of Europe’s most eligible bachelors, on Wednesday finally announced a long-awaited engagement to South African champion swimmer Charlene Wittstock.
A brief statement from the palace in the 52-year-old’s tiny Mediterranean statelet confirmed the engagement, but did not put a date on the eventual wedding, which courtiers will be hoping might produce a legitimate heir.
Prince Albert is the son of deceased Prince Rainier III and the late Hollywood actress Grace Kelly and has ruled Monaco, where he is broadly well-liked by his 8,000 subjects, since succeeding his father in July 2005. Continue reading →
Gucci has launched a new limited edition collection, available only at the flagship stores of Capri, Monaco and Cannes, strategic locations for tourism and international shopping.
This collection is characterized by three distinct colors, which draw inspiration from their corresponding city: Capri Green for Capri, Sporting Red for Monte Carlo and Lilac for Cannes. Continue reading →
Avenue Princesse Grace is the most expensive street in the world to buy property, where $120,000 (â‚¬84,985) will purchase just one square metre of prime real estate, according to a survey by Wealth Bulletin.
Prime residential property on the top 10 most expensive streets in the world saw their overall value fall by 12% in the last year, the survey found, with European streets faring better than their US and emerging markets counterparts.
That compares with price falls of between 20% to 30% in mainstream property prices in London and New York over the same period. Continue reading →
London has been pushed off its top spot by Monaco as the most expensive place to buy residential property, with the UK capital and surrounding counties suffering some of the biggest price falls in the world.
Monaco, where prime property is being sold for â‚¬50,000 ($68,000) per sq m (your average 1,500 square foot apartment would theoretically run you $10 million), is now followed by London, at â‚¬28,000 per sq m, then Manhattan, at â‚¬16,500 per sq m.
The Wealth Report, compiled by Citi Private Bank and Knight Frank shows that property values fell 17 percent in London and 25 percent in Hong Kong.