Monaco's Avenue Princess Grace Keeps Out Rif Raf
Named after Grace Kelly this prestigious real estate overlooks the water.
Avenue Princess Grace is not for the light of wallet, a beer at Jimmy's Bar costs more than $100, and puts people in the vicinity of Russian oligarchs, Middle Eastern oil sheikhs and the occasional Monaco royal.
Implications - The extremely high price point of properties and activities on a street like this create a surrounding exclusivity that caters to the lucky few whose wallets are conducive to spending time there. If nothing else, the title of most expensive street in the world is a draw for tourists who are fascinated by the glamorous lives of those who inhabit it.Stats for $120 000/ sq Metre Real Estate Trending: Older & Mild
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Interest: 4 minutes Concept: $120 000/ Sq Metre Real Estate
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