“Monaco, being one of the world’s pre-eminent destinations, is a valuable part of our international associate network and we look forward to working with Monaco Villas in the cross referral of business. It represents an important addition to our expansion plans and ties in well with both our existing network and the recent openings in the Cayman Islands, Marbella, Toronto and the Middle East.”
Monaco based real estate agency Monaco Villas is the latest company to associate with Chestertons as part of the company’s expanding international associate programme.
Trevor Gabriel, Managing Director of Monaco Villas comments: “Monaco is a very attractive place to live not only for tax reasons but for security, lifestyle and access, and the association with Chestertons allows us to establish better links with overseas clients looking to move here. Equally our high-end investor-clients tend to have multiple homes and are often interested in buying in London, France and other countries now served by Chestertons.”
The new associate is a key one for Chestertons as Monaco has been largely recession proof and property prices have remained high. “Values increased about 5-8% last year and rents by 10% with the bigger properties proving the most popular and commanding a premium value.” says Trevor.