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Monaco Studio with Spectacular Formula 1 Views
Located in Monaco Ville, this fully renovated 20 sq.m. studio apartment offers a prime investment opportunity with its heated 7 sq.m. balcony that boasts panoramic views of Monaco, the iconic Formula 1 track, and the picturesque Roquebrune-Cap-Martin. Situated on the third floor of a charming low-rise building, the studio combines modern elegance with unparalleled views, making it a highly sought-after property especially during Monaco's world-renowned events like the Grand Prix or the Yacht Show. This property does not just offer a place to reside; it offers a gateway to being part of the exhilarating pulse of Monaco’s prestigious lifestyle, making it an attractive option for both investors and enthusiasts of the Monaco Grand Prix.
Step-by-step guide to the homebuying process :
- Select properties and ask to organise viewing
- Visit selected properties and choose a home to buy
- Have the house inspected and ask for energy performance rating
- Make an offer. Present it to the seller and reach agreement on the price.
- Sign a promise deed – Compromis de vente
- Make a down payment of 5-10% of the sale price
- Consider your financial options, ask for mortgage
- Wait for the notary to check the transaction cleanliness
- Pay a 100 % of the amount
- Sign a sale deed and get the keys to your new home
- Get legal documents, registered in the French Land Registry, from the notary
- Register utilities and insurance policies of your new home in your name
The DPE is a real estate diagnosis that is mandatory for all properties for sale. The seller must be able to provide it before signing a purchase agreement - Compromis de vente. The DPE makes it possible to know the energy consumption and CO2 emissions of the property and includes the following data:
- Floor area (Loi Carrez) — for apartments.
- Technical diagnoses (lead, asbestos, termites, etc.).
- Electrical and gas installations.
- Heat loss, insulation performance, renewable energy production systems, if any.
- Risk of seismic movement or other natural disaster.
- Septic tank installation – for houses.
56 bis, av de la Lanterne
06200 Nice, France
+33 4 93 29 84 25
9:00 – 18:00
Nice, France (GMT +2)