BOULEVARD D'ITALIE, 98000 MONACO

Apartment for Sale in Boulevard d’Italie, 98000 Monaco USD 2,640,163

Bedrooms1
Area, m²43
Floor level11
Agency id5289
Local Price2,250,000 EUR

Charming two-room apartment of 43m2 on the top floor of the Belvedere Palace.
The apartment consists of a living room with an American kitchen, a bedroom with a shower room.
The apartment is renovated and enjoys very good sunlight. It is also under Law 887.
Easy to visit.

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)

INVESTMENT SNAPSHOT

PRICE / M²

$61,399

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 USD 6,600 / month (about USD 153.5 / 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: USD61,399/m² — 16% above the median of USD52,721/m² across our 54 listings in this area.

USD26,738USD117,480

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.
AR

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