MONACO: NO HINT OF A CRISIS

While the economy is battling it out in all four corners of the planet, over the past two years Lorenza von Stein has multiplied its turnover by five. Angela Kleiber, at the helm of the estate agency with her daughter, Annabelle, reveals the reasons behind this family success.

A smooth transmission for this professional in real estate, who owns the Lorenza von Stein agency in Monaco along with her daughter, Annabelle, who was born in the Principality. Two generations, two approaches to the work in hand, and two networks. In place and stead of a silo-based operation, they have managed to find synergy and complementarity, gradually awarding the attributes of a family office to their activity.

In addition to information, advice and transactions, they organize the travelling requirements of their affluent, international clientele, help them to choose renovation and decoration teams, facilitate all the administrative proceedings necessary when moving into a new apartment, and clearly being helpful in their clients’ integration into life in Monaco. “Over and above expertise and methodology, clients are looking, more than ever before, for human ties, a feeling of trust, and a relationship based on empathy,” explains our specialist.

Angela and Annabelle Kleiber now control together the destiny of the Lorenza von Stein agency. Lorenza Von Stein, 47 Bd du Jardin Exotique, 98000 Monaco (00 377 97 97 02 77).

In a highly coveted residence in Le Parc Saint-Roman with a park, pool and conciergerie, this apartment enjoying a sea view, renovated, redecorated and furnished throughout, offers four bedrooms and five bathrooms. The property is sold with a cellar and two parking places. 24.9 M €.

After full renovation, this luxurious split-level penthouse in Le Donatello at the heart of Fontvieille offers lofty reception volumes and three suites. The fully fitted roof-terrace of about 200 sq.m plays host to an outdoor lounge and a private pool facing the sea, the Rock of Monaco and the mountain of La Turbie. The property is completed by two cellars and five parking places. 30.8 M €.

“They are aspiring more towards a life-changing experience than a simple acquisition. Mostly active professionally, they settle their families in their new homes, and travel back and forth for work.” They all applaud this idyllc setting in the centre of Europe, 30 minutes from an international airport, the wonderful climate, the quality of reception infrastructures, restaurants and luxury boutiques. Lively year-round, this micro-state certainly has nothing to envy of capital cities, and offers the bonuses of security, stability, and the guarantee of good company.

A privileged community with a village atmosphere, respectful of discretion and confidentiality. Focusing on top-notch properties, the agency is currently organizing the sale of a record apartment, 500 sq.m on Port Hercule, in a prestigious residence which rarely sees any sales. Prices in Monaco now regularly attain 100,000 euros per sq.m. This professional team has already sold one property three times in Le Mirabeau, twice in Les Floralies, La Réserve and the Park Palace, always for a significantly higher amount obtained over short periods of time. Here in the Principality, asset value is guaranteed.