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Monaco property for sale - refurbishment into luxury seafront 5-bedroom apartment

Monaco property for sale - refurbishment into luxury seafront 5-bedroom apartment

Unique property for refurbishment - can be converted into luxury 5-bedroom apartment, first line by the sea!
Excellent seafront location in Port Hercule area next to Grand Prix Formula One route!
Position in Monaco number One!

Apartment has a total area of 241 m2.
It has two garage boxes.
First floor. Mixed usage.

A great investment property in Monaco, four possible formats of renovation:

1/ Refurbishment as a luxury 5-bedrooms seafront apartment.
2/ Division into three (!) separate apartments, ideal for rental purposes!
3/ Usage as a single office space of a reputable company.
4/ Coversion into multi-functional business center with division of space into several working and office zones.



Total area (sq. m.): 
Living area (sq. m.): 
Floor no: 
Renovation needed:
Mixed usage:
For renovation:
9.800.000 €
Price per m2/total area: 
40.663 €
Price per m2/living area: 
40.663 €

More on this residential complex in Monaco

Year of construction:
PALAIS HERACLES. There are traces pointing at Heracles (Hercule) stay in Monaco fixed in his legendary lifescore chronicles. His name was attributed to this geographical place yet in ancient world. The Greeks were familiar the advantages of deep waters of the bay from the times of antiquity. Nowadays, Heracles is a sign of allmighty power concentrated in Monaco. Living in WATERFRONT Heracles residence you will feel that this place is designed for the best and the brightest, those capable of Heracles deeds.
Note: the owners of apartments in Palais Heracles always purchase parking places in neighbouring Shangri-La residence.
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Other apartments in same residence

Price: 3.450.000 € District: Port Total area, m²: 60 Living area, m²: 48

Modern 1-bedroom apartment in Palais Heracles residence in Monaco with open sea view!
It has total area of 60 m2 and netto living area of 48 m2. Terrace overlooking the Port is 12 m2.

Price: 5.700.000 € District: Port Total area, m²: 120 Living area, m²: 114

Brightly refurbished fresh apartment in Palais Heracles, right opposite Port Hercule and famous Formula One Grand Prix route!
Located on the first floor.

Total floorspace is 120 m2, betto living area is 114 m2, terrace is 6 m2.

Price: 15.600.000 € District: Port Total area, m²: 260 Living area, m²: 155

Fantastic offer in Port Hercule!
Second-to-none exposition!
Unbelievable sea panorama, view over luxury yachts, Prince Palace and Grand Prix Formula One racing route!