Moneghetti / Jardin Exotique is an area on the northern central border of Monaco that is centered around a picturesque botanical garden. The area is close to the French town of Beausoleil and Cap d'Ail. The central Princesse-Grace Hospital at the top and the train station at the bottom of the district make this a more affordable area to buy property, although lately it has become more attractive for property purchases. Several new modern complexes have recently been built there to the highest standards.
Since the area is on a hill, many apartments boast panoramic views over the Principality and the sea. The erection of new residences has led to higher prices in the area to the level of €45,000 per m2. Investors with a more modest budget may also be interested in bourgeois style apartments in the lower part of the area.
Prestigious residences: Monte Carlo View, Simona, Oiseau Bleu, Beverly Palace, Harbour Lights Palace, Palais Armida, Soleil d'Or
