Tag: development

How much would it cost to rebuild your property?

If you’ve ever insured a property, you’ll know that arranging buildings insurance is based not just on your property’s ‘market value’ – the amount it would sell for today – but also its ‘rebuild costs’. This refers to the amount of money it would cost to rebuild or reinstate your...

Monaco’s €2 billion land reclamation project begins

The tiny yet decidedly glamorous state of Monaco has begun a major land reclamation project which will add 6 hectares, or 15 acres, of valuable land to its mass. The new Portier Cove eco-neighbourhood will be used for high rise apartments and a variety of public facilities. The foundations will...