Prince's Palace of Monaco Prince's Palace of Monaco The Prince's Palace of Monaco is the official residence of the Sovereign Prince of Monaco. Built in 1191 as a Genoese fortress, during its long and often dramatic history it has been bombarded and besieged by many foreign powers. Since the end of the 13th century, it has been the stronghold and home of the Grimaldi family who first captured it in 1297. The Grimaldi ruled the area first as feudal lords, and from the 17th century as sovereign princes, but their power was often derived from fragile agreements with their larger and stronger neighbours. Thus
Dodge Monaco engineered Monacos were sold than Premiers. The similarly sized yet less technically sophisticated K-car-based Dynasty, which had been introduced two years earlier as a 1988 model, outsold the new Monaco. Fleet buyers such as rental companies and government agencies liked the fact that the Dynasty could be equipped with any of three different engines and sold for a lower price. The Monaco, on the other hand, came with only one engine and was more expensive. Critics have argued that Chrysler did not properly market the Premier and Monaco, having confused its intended market. Premier ES and Monaco models were compared