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  • €1,457,500
  • 2 bedrooms
Apartment for sale: Monte Carlo - Principality of Monaco - Price € 1’457’500
53 sqm; living/dining room, kitchen, 2 bedrooms; 1 bathroom; 1st Floor of a 4-storey building
in need of renovation; under the law 1235

Property Price: €27’500 /sqm
District Price: € 40’000 /sqm
Living area: 53 sqm
Total area: 53 sqm
Terrace area: 0 sqm
Number of rooms: 3 rooms
Bedrooms: 2
Bathrooms: 1
Parking: 0
Cellars: 0

In the heart of Monte-Carlo and the Principality. Ideal for investors looking for a place to live in a quiet environment close to the most popular areas of Monaco.

In a bourgeois residence 2-bedroom apartment under the law 1235, in need of renovation, situated in a quite area in the prestigious heart of Monte-Carlo, just two minutes’ walk from the Carré d`Or, Casino Square, its shops, restaurants and all amenities.

Composed of an entrance corridor with wardrobes, living/dining room with open balcony, kitchen, two bedrooms with wardrobes, bathroom with shower and toilet. The property is very quiet.

Residential apartments under the law 1291/1235:

Residential apartments built before 1 September 1947 have rents set by the Monaco housing
authorities. Additionally, these apartments can only be rented to tenants who meet one of the
following criteria:
A tenant of Monegasque nationality
Tenant domiciled in Monaco for more than forty years without interruption
A tenant who has been working in Monaco for more than five years
A tenant born to a Monegasque parent
Joint tenant, widower or widower of a Monegasque
A tenant divorced from a Monegasque and who had at least one child born of this union
A tenant born in Monaco and who has lived there since birth.
The apartment can only be rented with a lease of at least six years, which can only be terminated by the tenant. Under certain working conditions that make the entire apartment unusable for the tenant, the landlord can terminate the lease.

On 1 July 1866 the district of Monte-Carlo (formerly Mont-Charles) was named in honour of Prince Charles III of Monaco. It is the most famous district of the Principality of Monaco as one of the most attractive and touristic places, with the Casino de Monte-Carlo and its magnificent gardens, luxury brand shops, the Monte-Carlo Opera, the Café de Paris and the Termes Marines.
Apartment for sale: Monte Carlo - Principality of Monaco - Price € 1’457’500
53 sqm; living/dining room, kitchen, 2 bedrooms; 1 bathroom; 1st Floor of a 4-storey building
in need of renovation; under the law 1235

Property Price: €27’500 /sqm
District Price: € 40’000 /sqm
Living area: 53 sqm
Total area: 53 sqm
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