Property in Monaco has just become an even more appealing investment: the Principality’s healthcare system, which is already of a world-class standard, is being enhanced further still. A brand new hospital with a focus on cutting-edge technology and environmentally friendly design is beingconstructed in the Principality. The Princess Grace Hospital has a long tradition of excellence in healthcare; the existing building as it currently operates has been in the same site since it was opened in 1902. Since then it has benefited from continual advancements, both medicinal and technological, and, as a healthcare organisation, it currently holds a grade-A rating, as decreed by the French National Authority for Health – the highest achievable grade.
The new construction will be the first time that the location of the hospital has changed. Careful reviewing and planning on the part of the Prince’s Government has meant that a new site has now become the most cost effective option and will modernise the organisation completely. A great deal of care was taken in the planning stages to ensure that the running processes and quality of care are not interrupted throughout either the construction of the new building or the transferal of wards and patients. In order to achieve a smooth transition between the sites, a 4-phase plan has been adopted, with construction of the hospital itself expected to begin after four years. After the hospital is equipped with the most innovative of healthcare technology, beds will be transferred in stages to minimise disruption.
The design for the new hospital is architecturally inspiring, and befitting of the stunning landscape that surrounds the site. A firm focus has been put on environmental considerations, meaning requirements for natural resources are set to be limited. Low energy lighting, sea-water heat pumps,low energy ventilation, and variousrenewable energy systems are among the plans to limit the environmental footprint of the new Princess Grace Hospital, meaning this green design will be considerably more future-ready than the existing site. There will also be a dedicated VIP suite for high-paying customers, which will offer the finest care and accommodation available.
The plans for construction are also intended to cause minimal disruption to the surrounding residents, with measures in place to limit noise pollution and screen facades to conceal the site. The construction will be strictly managed throughout the process, with regular meetings organised for residents of the surrounding Monaco real estate keeping the community informed. A strict waste management policy will also be in operation throughout the construction and residents will be able to raise any issues.
The advancements in the already fantastic healthcare are likely to provide an additional allure to the Principality of Monaco, which is without doubt a highly desirable place to own a property. The new hospital site will respond to the increasing population demands of the region and will receive continuous investment from the Prince’s Government over the coming years in order to be able to meet the needs of the future. An additional 394 beds in total will increase the capacity of the hospital, which will serve up to 125,000 people, and increased funding will ensure that standards of welcome and care will remain impeccable.