98000 MONACO
Apartment for Sale in 98000 Monaco USD 2,900,000
PROPERTY DETAILS
DESCRIPTION
On the rock, only a few steps away from the Prince's Palace, charming 2-bedroom apartment.
The apartment currently consists of : an entrance hall, a living room, 2 bedrooms, a shower-room, a separated kitchen and guest toilets.
A project of renovation has been approved by the authorities for a better use of the space.
FEATURES
NEIGHBORHOOD · MONACO · RAVIN DE SAINTE-DéVOTE
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)
- Transport: Place Sainte-Dévote (Gare) (74 m · 1 min walk), Belgique (144 m · 2 min walk), Belgique (168 m · 2 min walk), +58 more nearby
- Education: École de la Condamine (512 m · 6 min walk), École Saint-Charles (794 m · 10 min walk), Croix rouge monégasque, crèche et garderie Rosine Sanmori (997 m · 12 min walk)
- Shopping: Carrefour Market (234 m · 3 min walk), Carrefour (448 m · 6 min walk), Utile (519 m · 6 min walk), +5 more nearby
- Health: Bughin (375 m · 5 min walk), Pharmacie des Moneghetti (383 m · 5 min walk), Pharmacie Internationale (406 m · 5 min walk), +13 more nearby
- Leisure: Monaco Fitness Center (376 m · 5 min walk), World Class (1.3 km · 17 min walk), +1 more nearby
- Dining: Rossi La Bottega del Gelato (55 m · 1 min walk), Le Marathon (124 m · 2 min walk), Cooks (155 m · 2 min walk), +66 more nearby
Distances are straight-line, based on OpenStreetMap data.
LOCATION
INVESTMENT SNAPSHOT
PRICE / M²
$36,250
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 7,250 / month (about EUR 90.1 / m²; based on country average scaled x0.81 to the local price level (29 listings within 5 km)) — enter your own expected rent to see the numbers.
Enter a monthly rent above to see cash flow, yield and return.
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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: EUR36,250/m² — 32% below the median of EUR52,929/m² across our 54 listings in this area.
Reading a price below the area level: a lower per-m² price can be genuine value — larger units price lower per m², and motivated sellers exist — but check the usual reasons first: renovation needs, noise exposure (roads, rail, flight paths), unfavourable floor or orientation, leasehold/servitudes, and pending building-fund obligations in condominiums. Points in its favour here: public transport (Place Sainte-Dévote (Gare) — 74 m · 1 min walk), schools (École de la Condamine — 512 m · 6 min walk), daily amenities (Carrefour Market — 234 m · 3 min walk).
No map data found nearby for: water proximity — 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
- ✓Public transport Place Sainte-Dévote (Gare) — 74 m · 1 min walk
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 École de la Condamine — 512 m · 6 min walk
Nearby schools widen the tenant and buyer pool to families and stabilise long-term demand. - ✓Daily amenities Carrefour Market — 234 m · 3 min walk
Groceries within walking distance is a top liveability filter for both tenants and buyers. - ✓Parks & recreation Monaco Fitness Center — 376 m · 5 min walk
Green space nearby improves quality of life and supports value in dense areas.
Based on OpenStreetMap data. ✓ strong • present ◦ no data.
