Hamptons International launches Monaco office

9 July 2008

The Hamptons International Monaco office has been opened as part of an affiliate agreement with Capital Real Estate, a residential agency based in the Principality.

The office will cover the territory from St Tropez in the South of France, across to Monaco and will concentrate on the buying and selling of high end houses and apartments in the region, as well as premium investment instructions.

The branch will be headed by Jean-Luc Portos who has over 30 years experience in this region.

Jean-Luc Portos, head of Hamptons International Monaco, says: “Monaco covers just 1.95 square kms - making it smaller than Hyde Park - but the Principality has experienced phenomenal growth over the past two years.

“Factors driving this growth include its position, climate and importantly, the absence of income or capital gains tax."

He adds: "There are no restrictions on owning property in Monaco and today it has a reputation for being one of the best places to invest in the world.”