■ Stability: In the face of global economic uncertainty, Monaco’s safe haven credentials, political and economic stability will continue to underpin its appeal.

■ City and retreat: While the ultra prime markets of many world cities cool, in terms of price and/ or turnover, Monaco will continue to benefit from its dual status as both a business destination and a recreation centre. Prime prices are set to show stability or modest growth, particularly given limited new supply against sustained demand.

■ Evolution: Monaco is expanding and rebuilding to remain relevant to modern-day occupier demands. In addition to new residential and commercial space, the Le Portier reclamation project and Sporting d’Hiver will bring new and enhanced public spaces and cultural facilities.

■ Cachet: Thanks to its history, heritage and busy sporting and social calendar, the Principality has an unrivalled global reputation as a destination for the world’s wealthy. Many new competing city enclaves are emerging around the globe, but status takes time to foster and very few currently have the cachet of Monaco.