AV. PRINCESSE GRACE, MONACO
Apartment for Sale in Avenue Princesse Grace, Monaco USD 14,200,000
PROPERTY DETAILS
DESCRIPTION
In one of the most sought after building of the Principality, great 2-bedroom apartment to renovate. It will have beautiful views onto the future parkland of the sea extension up to the Cap Martin.
The apartment is located in the famous building “Le Mirabeau” with 24h concierge service, swimming-pool and gym as well as “Cipriani” restaurant room service.
With 164 sqm, the apartment offers great spaces and a high potential for a renovation.
It consists of a large living room with bay windows opening onto a fantastic terrace.
The kitchen has space for a dining area and the 2 bedrooms have ensuite bathrooms.
Further benefits include a parking space
BUILDING DETAILS
AMENITIES
NEIGHBORHOOD · MONACO · MONTE-CARLO
Monaco, officially the Principality of Monaco, is a sovereign city-state and microstate in Western Europe. Situated on the French Riviera, it is a semi-enclave bordered by France to the north, east, and west, with the Mediterranean Sea to the south; the Italian region of Liguria is about 15 km (9.3 mi) east. With a population of 38,423 living in an area of… (Wikipedia)
LOCATION
INVESTMENT SNAPSHOT
PRICE / M²
$86,061
Verdict: partial
Test this investment Monaco financing profile ✎ Edit
The seller has not shared rental figures. For a home like this one, long-term rents around here work out to roughly EUR 25,520 / month (about EUR 143.8 / m²; based on Monaco) — enter your own expected rent to see the numbers.
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Estimates only — not financial advice. Prefilled with typical monaco financing profile figures — adjust to your own scenario.
Price context
This listing: EUR86,061/m² — 63% above the median of EUR52,721/m² across our 54 listings in this area.
Reading a price above the area level: a premium per m² is typically carried by location and quality factors — waterfront or views, walkable transport, plot size, recent renovation, and scarcity of the property type. Worth verifying on viewing: condition and renovation year, outdoor space, and how the view compares to similarly priced alternatives.
No map data found nearby for: public transport, water proximity, schools, daily amenities, parks & recreation — worth asking the agent about these.
Positioning within our own current listings in the same area — asking prices per m², not an appraisal or market valuation. Size mix, condition, and plot differ between properties.
Investment factors
What to look for when judging a property's investment potential:
- ◦Public transport
Walkable rail or bus access consistently supports resale value and rentability. - ◦Water proximity
Lake, river, or sea frontage and water views command lasting price premiums in most markets. - ◦Schools
Nearby schools widen the tenant and buyer pool to families and stabilise long-term demand. - ◦Daily amenities
Groceries within walking distance is a top liveability filter for both tenants and buyers. - ◦Parks & recreation
Green space nearby improves quality of life and supports value in dense areas.
