| Before you purchase a Monaco Property you should learn as much as you can about the principality. The Monaco Grand Prix is held every year in May at the Circuit de Monaco. Drivers race 78 laps of the track through the streets of Monte Carlo and La Condamine. The Monaco Grand Prix is unique in that it has been raced on the same circuit every time. The history, spectacle and glamour result in the race being considered ‘the jewel of the Formula One crown’. The Grand Prix weekend sees more than 100,000 people from around the world descend on Monaco every year. Many Monaco property owners rent out their terraces for the event with prices ranging from about 8,000€ to 140,000€ for the four days. The best areas for people to rent a Monaco property during the grand prix are Cap d’Ail, Beausoleil, Cap Ferrat, Villefranche Sur Mer and Beaulieu. It is important to note that people look for different services during the Monaco Grand Prix, from complete packages with a villa rental, boat service, exclusive balcony tickets or simply tickets for the race itself. Travel agents can give you the best advice on advertising your Monaco property for rent during the Grand Prix. If you rent your Monaco property and decide to move out during the race and you are in an apartment with a balcony or window that looks onto the track, you can rent your balcony out for viewing during the race. Many rental agreements actually come with a ‘move out for the race’ clause. Meaning if you are prepared to vacate for the week, your rent can be up to 50% reduced for the year. People can often cover their annual rent on the income available during Grand Prix week. Want a Monaco Property? Call HomeHunts Click here to view our full range properties in Monaco Here at HomeHunts, you can find a great range of property in Monaco. With so much choice, you are sure to find your next property here. | 
