Investment overview
This opportunity represents a rare, trophy-grade acquisition in the heart of Monaco combining a landmark penthouse duplex with a portfolio of nine income-producing studio apartments within the same luxury building. The asset delivers both immediate cash flow and long-term capital appreciation, underpinned by its positioning in one of the most supply-constrained and globally sought-after real estate markets.
At its core, the offering is anchored by an expansive 1,078 sqm penthouse featuring five bedrooms, private pool, and five parking spaces—one of the largest private residences in Monaco. Complementing this is a collection of nine studios (50–70 sqm each), each with dedicated parking, generating stable rental income while also offering flexibility for reconfiguration or resale. This dual-asset structure allows an owner to enjoy a primary residence while maintaining ancillary accommodation for staff, guests, or income generation.
From an investment standpoint, the portfolio produces approximately €1.9M–€2.16M in annual rental income, with built-in rental growth of circa 3% per annum and strong occupancy fundamentals. The studios alone provide consistent yield, while the penthouse contributes significant income or lifestyle optionality. The combined pricing of circa €150M reflects a blended value across 1,578 sqm, with studio pricing marginally below market averages, presenting immediate value relative to Monaco benchmarks.
Strategically, this is a highly defensive, euro-denominated asset offering diversification for USD-based investors, with Monaco’s status as a zero-debt, politically stable, and tax-efficient jurisdiction reinforcing its safe-haven appeal. The ability to hold, enhance, or selectively dispose of individual units introduces optionality rarely seen at this level, positioning the asset as both a lifestyle acquisition and an institutional-grade investment.
In summary, this is a one-of-a-kind portfolio that combines scale, income, flexibility, and prestige—an opportunity tailored to ultra-high-net-worth individuals or investors seeking exposure to Monaco’s ultra-prime market with both immediate yield and long-term upside.