MONTE CARLO, 98000 MONACO

Apartment for Sale in Monte Carlo, 98000 Monaco USD 8,000,000

Bedrooms3
Bathrooms2
Half baths1
Agency id4332

The Residence “Le Grande-Bretagne” is a beautiful Bourgeois building. It is located a five-minute walk from the Carré d'Or and therefore from the Métropole Shopping Center, the Gardens and the Place du Casino. Beautiful 4-room apartment completely renovated with a lovely sea view. The apartment is made up of 3 bedrooms including a sea view, 2 bathrooms, 1 guest toilet, a large sea view living room with an open-plan kitchen, a laundry room as well as only 2 loggias. A large parking lot at "Trocadéro" and two cellars in the building complete this property.

Parking spaces1
Cellar

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)

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Verdict: partial

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The seller has not shared rental figures. For a home like this one, long-term rents around here work out to roughly EUR 20,000 / month (about EUR 88.5 / m²; based on Monaco) — enter your own expected rent to see the numbers.

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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.
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