Featured Case Study :

Plein Sud a unique Real Estate Opportunity in Monaco

Purchased

€17,000,000

2017

Target Sell

€25,000,000

2020

NEW BUILD

66

apartments

COMPLETION

2020

PURCHASED

2 APARTMENTS

No’s 35 and 36

TOTAL

365 sqm

OPTIONS

2×2 BEDROOM
2×4 bedroom

FEATURED CASE STUDY :

L’exotique a unique Real Estate Opportunity in Monaco

L’exotique will be a building with 66 apartments, 4 commercial premises, another building for office use, 1,819 parking spaces, and more. With a total cost estimate of 150 million euros minimum, it is a significant real estate project, which will emerge from the land, or rather the rock, at the western entrance of the Principality.

Construction was scheduled in 2017, followed by the completion the summer after the transfer of the upper greenhouses of the Botanical Garden. The development will open up access to the Principality by differentiating the levels of traffic intensity of the Boulevard du Jardin Exotique, whilst forming a physical barrier, along with a pedestrian crossing thus linking the operation above to the lower city.

 

 

Project One

Villa Mathilda

Purchased

€1,450,000

in March 2016*

Sold

€2,000,000

in 2017

Rennovation Costs

€120,000

over 6 months

Profit

26%

Project Two

Villa El Mandar

Purchased

€990,000

in June 2016

Sold

€1,500,000

in January 2018

Rennovation Costs

€130,000

7 months

Profit

48%

Project Three

Villa Josephine

Purchased

€1,057,000

in June 2016

Sold

€1,600,000

in March 2018

Rennovation Costs

€110,000

over 6 months

Profit

37%

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