| The super yacht industry has gone from strength to | | | | potential property buyers to view properties. |
| strength in recent years, and the Monaco Yacht Show | | | | 'If someone is visiting Monaco for the Yacht Show and |
| has proved to be the natural home for their annual | | | | has several million Euros available, it's a pretty safe |
| display to would be buyers. | | | | assumption that those buyers will have a few million |
| Spotted among possible buyers was British Royal | | | | for a property too, and a luxury yacht and Monaco |
| Prince Michael of Kent. | | | | Real Estate appeal to the same type of buyer.' |
| The world's leading luxury yacht show in Monaco held | | | | Typical of Monaco Real Estate prices is a two |
| 18-22 September is to pay for 55 wind turbines in New | | | | bedroom two bathroom apartment in Seaside Plaza, |
| Zealand - enough to generate power for 45,000 | | | | close to where the Yacht Show is located, at |
| homes - making the event 'carbon neutral'. | | | | 3,700,000 Euros. |
| Under the watchful eye of Prince Albert, the yacht | | | | Monaco Hotels |
| show is part of Monaco's new stance on global | | | | The emergence of the Yacht Show has helped the |
| warming, and comes shortly after Prince Albert himself | | | | Monaco economy by drawing the world's wealthy to |
| travelled to the North Pole in April to highlight the | | | | the principality for four days in September. |
| damage he believes global warming is having on the | | | | Until recently the Monaco Grand Prix in May and the |
| environment. | | | | Monte Carlo Masters tennis the month before have |
| 'Since Prince Albert came to the throne last year' | | | | been the two main events of the year which boost |
| commented one Monaco travel guide after the show, | | | | the occupancy levels of the hotels in Monaco. |
| 'Monaco has changed her policy from one of the few | | | | With the Yacht Show in September filling the hotels at |
| countries not to sign the Kyoto Protocol to not only | | | | premium rates, it has proved to be a welcome addition |
| signing it but taking a lead in the battle against global | | | | to the calendar of events for both residents and |
| warming. Prince Albert has personally taken steps to | | | | businesses alike, and the Hotel de Paris Monte Carlo |
| show how concerned he is, and by setting the | | | | proved to be the scene of many deals being signed |
| example of going to the North Pole has shown the | | | | over the four days. |
| leadership necessary to encourage Monaco | | | | This year also saw the first Monaco Flower Show, |
| companies to become environmentally friendly, and the | | | | which it is hoped will also be a tourist magnet in future |
| Monaco Yacht Show is an example of this'. | | | | years. |
| The Monaco Yacht Show has bult a reputation over | | | | 'In the past Monaco has had the highlights of the |
| the years as the place for the wealthy to view | | | | Monaco Grand Prix and the tennis, with consistent |
| potential purchases, and this year there will be nearly a | | | | numbers of visitors the rest of the year,' say the |
| hundred yachts on display to those able to afford it. | | | | Monaco travel guide, 'but Monaco is becoming much |
| In total some 22,000 visitors attended with over 500 | | | | more diverse in what it offers throughout the calendar |
| exhibitors from the yachting world exhibiting. | | | | year. The Yacht Show has been a success, and given |
| The mix of wealth and Monte Carlo also means that | | | | a little time the Monaco Flower Show will appeal to a |
| real estate agents in Monaco were on full alert. In | | | | different type of tourist, and might be as popular as |
| previous years the Monaco Yacht Show has often | | | | the Hampton Court and Chelsea Flower Shows are in |
| proved more beneficial for the realtors than the | | | | the UK. Diversity is the key to sustained tourism, and |
| Monaco Grand Prix. | | | | Monaco is doing it very well. |
| The Monaco Grand Prix attracts tens of thousands of | | | | Despite being the second smallest country in the world, |
| Formula 1 fans annually to the principality at the end of | | | | Monaco has attracted many of the world's top |
| May, but with some Monte Carlo streets closed, | | | | business and entertainment people to live there due to |
| showing property in Monaco can be more problematic | | | | her income tax free status, and with Prince Albert at |
| than during the Yacht Show. | | | | the helm it seems that the principality is beginning to |
| A Monte Carlo real estate agent says that the more | | | | punch above her weight in world politics as he takes |
| relaxed atmosphere of the Yacht Show allows | | | | the lead on environmental issues', they add. |