New apartments for sale in France: Monaco area
Monaco is a magical kingdom on the Mediterranean Sea. Mainly, wealthy people who opt for a tax-friendly climate live here. Because land in Monaco is scarce, real estate prices are exceptionally high. The area is safe, luxurious and pleasant to live in. But only a few can afford to buy a new apartment in Monaco.
That’s why buying a new apartment in the surrounding villages is an affordable solution to live close to the amenities and lifestyle of Monaco. Villages like Beausoleil, Cap d’Ail, Saint Jean Cap Ferrat, Roquebrune Cap Martin and Menton also offer a quieter or more residential atmosphere. Plus, parking will be a lot easier.
Add your personal taste
New construction in the Monaco area offers at least ten years of construction. You can also make changes to the apartment in terms of layout and finish. If you reserve time, you can replace the standard tiles with Carrara marble. In that case, you only pay the additional price.
The kitchen is missing in almost all new constructions. With so many restaurants in the area, most people don’t cook extensively on holiday. That is why you can install a kitchen of your choice after completion.
If you buy a two-bedroom apartment, you can ask to remove a wall and create one large suite with a walk-in closet. Or if you don’t like a bathtub, you can ask for an Italian shower. If you make that reservation in time, you can add any finishing you want.
Capital Gains
The area around Monaco is a luxury residential area. Any investment in new construction will enjoy capital gains over the years. And the ROI on rental income is, for many investors, the main reason to come to this part of the French Riviera.
