So you have just found yourself the ideal property for sale in Monaco but it needs a subtle amount of luxury renovation to make sure it fulfils its potential. Or, perhaps you are at the other end of the spectrum and would like to give a new lease of life to a property you are hoping to sell for the best price possible?
Where do you start? If you find yourself in the enviable situation of having snapped up a property in Monaco and need some tips on luxury renovation, look no further. Equally, you can also follow these top 10 proven tips for home staging, helping you to get the most return on your apartment when you sell it.
Things to consider when planning a luxury renovation
Budget
We all know that the cost of renovations can quickly spiral out of control so if you want to keep an eye on expenditures, make sure you set out a budget at the start. Talk to your architect or builders and stick to the figures at all times.
Research
As important as sticking to a budget is the need to research your luxury renovation project, which is perhaps the most fun part of proceedings! Visit interior design shops, search online and get a really good idea of what you hope to achieve through the renovations before you start.
Doors
The front door to your property is the very first thing visitors – or potential buyers – will see and it will create the first impressions. An ugly, impersonal door can easily be upgraded to make people think ‘wow’ before even setting foot in your property.
Colours
Give your luxury apartment a new identity with a fresh lick of paint. But be careful to pick the right shades for your property, and for home staging remember neutral is often best. As many apartments in Monaco tend to be smaller than average, make sure the walls are painted in light hues so that rooms look spacious and airy. Place framed mirrors on the walls to add to the feeling of space.
Kitchen renovation
Kitchens are the heart of the home, be that a large country pile or bijoux apartment in Monaco. Give your kitchen an overhaul paying particular attention to the storage options and you will immediately enhance the experience of entertaining ‘chez vous’. A sophisticated kitchen will also increase the saleability of your property.
Bathroom renovation
Likewise, a luxurious bathroom can make or break a sale, and having a gorgeous bathtub to sink into at the end of the day will also improve your day to day living in Monaco. Using steel bars in kitchens and bathrooms can be an impressive, industrial statement on the overall design
Floors
Marble flooring, reclaimed hardwood, luxury porcelain tiles — there are so many high-end flooring options to consider nowadays when carrying out a home staging project
that homeowners are spoilt for choice. But a newly fitted quality flooring throughout will enhance your property enormously and raise the luxury factor.
Windows
Much of Monaco real estate enjoys incredible sea views, so make sure that you can appreciate those vistas through large windows. Small windows can be replaced by larger apertures, which will instantly make rooms feel bigger.
Office space
With many people choosing to work from home in our new post-COVID-19 world, some house hunters searching for real estate in Monaco are looking for property with an office. Offices can be created from a number of hidden spaces such as corridors, oversized wardrobes and spare rooms.
Outside space
With Monaco bathed in sunshine more than 300 days a year, most properties in the Principality enjoy some kind of outside space. In your luxury renovations make sure you maximise this outside space with beautiful yet practical outdoor furniture and plants.
To read more on topics like this, check out the House category
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