Sold - The Flor Palace II, Charming renovated flat in the Carré d'Or.

The Avenue de Grande Bretagne is a very nice street, bordered with trees, and leading to the beautiful gardens of the Casino. Being close to this greenery is one of the best locations in town. The Carré d’Or is the center of the Principality: here stand the Casino of Monte Carlo and Opera Garnier, Palaces such as the Hermitage, Hotel de Paris and Metropole Hotel, and most luxury boutiques of the city. It is the place to be to enjoy the Glamourous and Prestigious lifestyle of Monaco. Then, several banks settled in this area, as well as the starred restaurants of Alain Ducasse and Joel Robuchon.

 

The Real Estate Market in the Carré d'Or

Most Luxury residences are located on each side of the Casino’s gardens: The Mirabeau, the Metropole, the Park Palace… High standard buildings offering bespoke services for its prestigious clientele. There, prices per square meter easily reach 80.000€ and even more… But this area also consists of bourgeois buildings, little old-style houses typical from the region. Here, flats are atypical, often with lots of charm, high ceilings for nice volumes. The Flor Palace II is one of these beautiful buildings which enjoy an exceptional location such as the luxury residences of the area – with concierge services and lift – in more intimate proportions. This building of approx. 10 floors is perfectly maintained; the apartment that we have for sale is located on the lower level of this building.

 

Description of this charming flat

This pretty 3 room flat has been entirely renovated. The quality of the materials and the refined decoration upgraded this flat to the level of the most prestigious apartments of the area. The volumes are very nice, such as the standard of the finishes. As located on the garden floor of the residence, this apartment benefits from a private access to the little garden that circles this charming house. Then, all rooms have French Windows opening onto this outdoor area and benefit from lot of natural light, despite the lack of view. The entrance hall leads to all rooms. First, there is a bedroom with a little dressing room and en suite shower room, then a second bedroom with cupboard. The separate toilets and second shower room are independent. The main room with 3 French Windows consists of a living room and a fully fitted kitchen with a dining area. This apartment comes with a cellar.

This little jewel is an ideal pied a terre or first investment in Monaco. Within quiet location, it is also very close to the Carre d’Or and Larvotto beaches (approx. 5-minute walk)

This apartment is under law 887. If the owners wish to rent the apartment, the lease will have a duration of 6 years. The amount of the rent is free, which is not the case of the other laws (1.235, 1.291,…)

Monte-Carlo-Sotheby's International Realty, to find an apartment for sale in Monaco

More details on the Renovated 3 room flat of the Flor Palace II