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Successful First Year For Prince Albert Of Monaco

by Tribune

With Prince Albert preparing to mark the first year of his
succession to the Principality of Monaco, a local destination
guide http://www.yourmonaco.com suggests that the second smallest
country in the world is in safe hands and can look forward to
years of progressive economic and social policies that extend
well beyond the borders of Monaco.

'Prince Albert has changed his playboy image', they say, 'since
coming to power he has taken the initiative on environmental
issues, for example in April he went to the North Pole to draw
attention to his fellow world leaders that the environment should
be top of their agenda, and he has made a concerted effort to put
the environment on the Monaco map of issues that need
addressing'.

The environment seems to be of particular concern to Prince
Albert, and with this in mind the 2006 Monaco Yacht Show will be
carbon neutral. The organisers will be paying for a variety of
green projects in Europe and further afield, including enough
wind turbines in New Zealand to generate power for 50,000 homes.

In two further steps earlier this year to increase Monaco's
influence in world affairs and to promote Prince Albert's concern
for the environment, the Monaco government announced that it
would calculate GDP for the first time, enabling Monaco to meet
the UN's target of 0.7 per cent for developing countries, and
Prince Albert himself founded a new foundation as 'part of his
personal commitment for the protection of the environment and for
sustainable development'.

Prince Albert's father, Prince Rainier who ruled Monaco for
fifty years was known as the 'builder prince', as Monaco grew out
of all recognition while he was in power, transforming the
principality from a European backwater to Europe's top tax haven
and home to many of Europe's top businessmen and sports stars.

Prince Albert has continued his father's tradition, with plans
recently announced for an island to be built off Monte Carlo
which will increase the size of the world's second smallest
country. But bidders have been asked to plan the project with the
environment in mind, as well as the Monaco Grand Prix. The
possibilty exists that the Grand Prix circuit will be changed to
encompass the new island - and with it more opportunities for
overtaking.

Hotels In Monte Carlo

Tradition and modernity have long been a feature of Monaco, and
as well as a first class infrastructure, the Principality can
boast one of the world's top hotels in the Hotel de Paris Monaco.

Along with the banking and finance sectors that help Monaco's
economy to be one of Europe's most successful, tourism also plays
a major part, with many visitors making day trips from
neighbouring France and Italy.

'The Monaco Grand Prix plays a part of course', comment
YourMonaco, 'but many tourists want to see what it is really like
to be in Monte Carlo, the millionaire's playground. Monaco hotels
enjoy high occupation levels despite the day trippers though, as
so many business people are in Monaco for two or three days'.

Property prices in Monaco are among the highest in the world,
with one bedroom apartments after closing costs starting at
around a million Euros.

It's thought unlikely that the new island to be built off Monaco
will reduce prices much overall despite the increase in the
number of property units available as Monaco real estate is
always in demand.

Tribune properties who specialise in Monaco real estate believe
that most new apartments will be sold to investors off plan well
in advance of any building work starting.

'The problem with property in Monaco is not the lack of buyers',
they say, 'but more the lack of good properties for buyers to
choose from. Hopefully the new island will address that. Everyone
in Monaco is aware of how important the environment is thanks to
Prince Albert's initiatives in pushing it up the political
agenda, and any new developments will be low rise. With the good
weather in Monaco expect to see plenty of solar panels on the
roofs to make the buildings energy efficient'.

In his first year Prince Albert has successfully made the people
of Monaco aware of global warming and taken steps to combat it,
and for his second year and beyond he is likely to be campaigning
just as hard at home and abroad on the issue he believes in so
much.

For the <a href="http://www.yourmonaco.com/weather">weather in
Monte Carlo</a> and a <a
href="http://www.yourmonaco.com/street_map">map of Monte
Carlo</a> a guide for <a
href="http://www.yourmonaco.com">Monaco</a> is available at
http://www.yourmonaco.com

The latest <a href="http://www.monacoproperty.net">Monaco
properties</a> are at monacoproperty.net

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