For the record, there are currently over 100 apartments like this for sale in Monaco, half of them being on the market for more than a year, sometime even 2 years... Brits, who used to be the biggest contingent of wealthy foreigners coming to Monaco, don't want to go for that scam anymore. Picture it! If you have 10 M€ in your wallet, you don't want to spend 8,5 M€ on such a cheap apartment, even for a weekend every month! Many of them who work in the bank sector between London and Monaco actually moved to Nice (20 minutes by train) where you would get a gorgeous villa for 8,5 M€ 😉
Good point. On the other hand there are also other cases. When new buildings can be sold on plans and investors queue up. Due to recent changes in UK tax law, the number of wealthy Brits Monaco is increasing. Plus clients from Scandinavia are also arriving.
Well if you live in Monaco there is no income tax. So very wealthy people move there. I agree that the flat is no big deal. But super wealthy people pay to avoid taxes.
€8,450,000 for a mouse hole. When the try to find furniture which is small that it fit into the space, to look big, then you know you pay something nobody wants. Maybe only as a letter box. Frotdgue and washing machine on the balcony. For €8,450,000 you buy a chateau in the nicer places in France or Dubai, or any place in the world. What a rip off.
You forget that people coming to Monaco are already wealthy, pretty much anyone there can afford it easily. They are financially free and don’t live from pay check to pay check like someone…
To be honest, Monaco is not so appealing to me, but it can be a good option for retirement. At this point, I consider Malta, Cyprus, and Malaysia for tax benefits and lifestyle.
@@well_i_liked_it I just watched another video on Monaco, 56 cool things about Monaco. So, I feel it depends on your age and wealth. If your younger, then Monaco may be less attractive to be but if your older and you like security, safety and good food, events throughout the year and less drama, then I fell Monaco is ideal.
@christopherhurley8694 absolutely none of those things are unique to Monaco. You have the same thing 30 minutes down the road in Nice. Monaco is purely for tax avoidance.
@@well_i_liked_it You have a thing for Nice or you hate Monaco. Get over it. Are you a Marxist? Why do you watch a video concerning Monaco if you hate it? Or you hate wealthy people, in which Nice also has rich people.
Compared what's available in Spain, Italy, Greece or Cyprus for that amount of money, I'd give this apartment a miss unless I have a compelling reason to live in Monaco. It's a question of necessity, not lifestyle choices.
@sanderrecommends Personal preference and choice would be my deciding factors. This apartment's ceilings are low, the sense of limited space reflects the "cramped" image of Monaco. For that amount of money I'd accept a higher tax rate because peace of mind is number one consideration for me. Happy New Year!
The price makes exclusive. But.... Monaco is slowly turning into Miami. You pay several millions for a small apartment with ocean view, which will be blocked in a few months by another unwanted overpriced skyscraper. Not good....
euro ha sido la mayor estafa del mundo, piso asi da igual sitio mas de 1000 millones de pesestas jaa, eso antes te hacias mansiones y te seguia sobrando millones , ahora al paso que se va con 100 millones de euros eres un rico pobre jaa
over 40k € per square meter is bonkers. I would rather get a house, a proper house in Monaco for 12M. Do you get one for 12M ? 500m2 25k per sq m2 Hopefully.
When you pay 8.5 million for a property and realise you are still the poorest person on the block, for this price drive about fifteen minutes out of Monaco and get a mansion with private swimming pool and sea views now who’s the mug 😂.
So do you want to live in Monaco?
Absolutely ! ❤❤
For the record, there are currently over 100 apartments like this for sale in Monaco, half of them being on the market for more than a year, sometime even 2 years... Brits, who used to be the biggest contingent of wealthy foreigners coming to Monaco, don't want to go for that scam anymore. Picture it! If you have 10 M€ in your wallet, you don't want to spend 8,5 M€ on such a cheap apartment, even for a weekend every month! Many of them who work in the bank sector between London and Monaco actually moved to Nice (20 minutes by train) where you would get a gorgeous villa for 8,5 M€ 😉
Good point. On the other hand there are also other cases. When new buildings can be sold on plans and investors queue up. Due to recent changes in UK tax law, the number of wealthy Brits Monaco is increasing. Plus clients from Scandinavia are also arriving.
Well if you live in Monaco there is no income tax. So very wealthy people move there. I agree that the flat is no big deal. But super wealthy people pay to avoid taxes.
€8,450,000 for a mouse hole. When the try to find furniture which is small that it fit into the space, to look big, then you know you pay something nobody wants. Maybe only as a letter box. Frotdgue and washing machine on the balcony. For €8,450,000 you buy a chateau in the nicer places in France or Dubai, or any place in the world. What a rip off.
Stupid rich people 😂
If only there was a reason why people want to live in Monaco and will pay stupid amount of money for a flat.
You forget that people coming to Monaco are already wealthy, pretty much anyone there can afford it easily. They are financially free and don’t live from pay check to pay check like someone…
The view is beautiful in Monaco✨
NGL this looks like a 500k EUR apartment anywhere else in the world.
It’s Monaco 🤷🏻♂️
@@sanderrecommends😅 Antody doesnt get it Sander 😂
@@sanderrecommends You mean to say "its a tax haven"
To be honest, Monaco is not so appealing to me, but it can be a good option for retirement.
At this point, I consider Malta, Cyprus, and Malaysia for tax benefits and lifestyle.
Let me know when you are in Cyprus👍
@@sanderrecommends For sure ! :)
Malaysia tax system is changing soon, unfortunately
Thank you for sharing a beautiful home.😊 Continued success in showing gorgeous properties there and Happy New Years! 🥂 🥂
$ 8 1/2 million Euros and you get a lousy view, no thanks. Would love to see a video on Mareterra.
Mareterra is coming soon, stay tuned! 😉 but prepare your self for it’s prices!
Beautiful apartment, Thank you Sander. I love Monaco.
You are welcome! Monaco is lovely!
What is so lovely about Monaco? Like Jack Nicolson said its "Alcatraz for the rich". Ugly buildings and nothing to do. Why not live in Nice?
@@well_i_liked_it I just watched another video on Monaco, 56 cool things about Monaco. So, I feel it depends on your age and wealth. If your younger, then Monaco may be less attractive to be but if your older and you like security, safety and good food, events throughout the year and less drama, then I fell Monaco is ideal.
@christopherhurley8694 absolutely none of those things are unique to Monaco. You have the same thing 30 minutes down the road in Nice. Monaco is purely for tax avoidance.
@@well_i_liked_it You have a thing for Nice or you hate Monaco. Get over it. Are you a Marxist? Why do you watch a video concerning Monaco if you hate it? Or you hate wealthy people, in which Nice also has rich people.
Compared what's available in Spain, Italy, Greece or Cyprus for that amount of money, I'd give this apartment a miss unless I have a compelling reason to live in Monaco. It's a question of necessity, not lifestyle choices.
How would you compare the size, tax, status, social capital?🧐
@sanderrecommends Personal preference and choice would be my deciding factors. This apartment's ceilings are low, the sense of limited space reflects the "cramped" image of Monaco. For that amount of money I'd accept a higher tax rate because peace of mind is number one consideration for me. Happy New Year!
The price makes exclusive. But.... Monaco is slowly turning into Miami. You pay several millions for a small apartment with ocean view, which will be blocked in a few months by another unwanted overpriced skyscraper. Not good....
What about to live in Mareterra ;) it's safe for while...
I love Monaco but i would not invest 8,450,000 euros of my net worth into a three bedroom apartment.
Ohne Angaben von m2
Seid ihr keine Profis.
www.valeri-agency.com/en/property-for-sale/100516-beverly-palace-bloc-b-apartments-4-rooms/
NICE❤
Thank you 🙏
Fenomenal apartamento !
Thanks!
What is the monthly fee with the apartment ?
About €750 a month
@sanderrecommends Popopo the janitor must have a nice life hahaha 🤣😭
Any info when you will be doing part 2 video of the €70million La Panorama apartment ?
So far no plans, but I will ask my colleagues in Monaco.
Looks like a lousy €300,000-€400,000 tops apartment in Dubai.
Is the terrace area in addition to the 206 sq metres?
www.valeri-agency.com/en/product/100516-for-sale-monaco-beverly-palace-renovated-3-bedroom-family-flat
HELLO GOLDEN VOICE FROM LONDON. ITS GOOD PRICE
Thanks 🙏
Love
Very nice apartment
Thank you 😊
Marbella and Dubai are much better than monaco !
euro ha sido la mayor estafa del mundo, piso asi da igual sitio mas de 1000 millones de pesestas jaa, eso antes te hacias mansiones y te seguia sobrando millones , ahora al paso que se va con 100 millones de euros eres un rico pobre jaa
The kitchen is so awefull small to be honest, i prefer to live in south asia like the Philippines of somewhere else
over 40k € per square meter is bonkers. I would rather get a house, a proper house in Monaco for 12M. Do you get one for 12M ? 500m2 25k per sq m2 Hopefully.
You can't find a house for 12 mln in Monaco, only in France.
this my house
Geht doch,ich dachte das wäre teurer. Ist ja nichts besonderes, kann sich ja jeder Arbeitnehmer leisten.,wenn er sich etwas einschränkt.
When you pay 8.5 million for a property and realise you are still the poorest person on the block, for this price drive about fifteen minutes out of Monaco and get a mansion with private swimming pool and sea views now who’s the mug 😂.
No, I don't want to live in Monaco
What is your choice?
@@sanderrecommendsNorway....to much people in Monaco
@@bastiaanstapelberg9018 😂😂😂😂Norway! Awful taxes, immagration and extreme socialist politics! Nah
If you can afford to live in Norway )
@@CreepyTrendManyes that's treu.....but a lot of space
Absolute nuts is this April fool
Kleine Wohnung ca 80m2