- 27,285,000 €
- 4.7% yield
- Monaco Shop 4,500,000 €
- Basic parameters
- Photo
№ 1,974,033
Shop 200 m² in Monaco
4,500,000 €
22,500 € /m²
- Total area 200 m²
- Yield 2.2%
- Lease term —
- Constructed 1972
Key project parameters
- Total area
- 200 m²
- Floor
- 1
- Constructed
- 1972
Project description
Two-storey shop on the ground floor of a residential building in Monaco.
Description
Commercial premises with a total area of about 200 m².
The property is in excellent condition.
Extra information
Lots of natural light
High ceilings
Fully finished
Town view
Floor-to-ceiling windows
Tenants
- Agreement
- n/a
The property is fully let.
Financial performance
- Yield
- 2.2%
The annual income is 98,500 €.
The yield is 2.2%.
Location and nearby infrastructure
The property is located in Monaco.
Monaco – a sovereign city-state, country, and micro-state on the French Riviera in Western Europe. France borders the country on three sides while the other side borders the Mediterranean Sea. The country's population is about 40 thousand people. Monaco is famous for the Monte Carlo Casino and the Formula 1 championship held here – the Monaco Grand Prix.
The economy of Monaco is developing mainly due to tourism, gambling, the construction of new residences, as well as through media covering the life of the princely family.
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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