Well Mona Lisa, Mona Lisa men have named you
The singer acknowledges the common practice of naming a person after a famous figure, and in this case, referring to a woman who resembles the famed painting.

You're so like the lady with the mystic smile
Here, the singer notes the striking similarity between the woman and the painting especially with regard to her smile, which is captivating.

Is it only 'cause you're lonely they have named you
The singer wonders whether the woman is named after the painting or if the name comes from a sense of isolation or loneliness that is perceived from her.

For that Mona Lisa strangeness in your smile
There is a strange - almost mysterious - quality in the woman's smile that is reminiscent of the painting and which draws people to her.

Well, it your smile to tempt a lover Mona Lisa
The artist wonders if the woman's smile is a conscious effort to entice people around her, especially men.

Or is this your way to hide a broken heart
Alternatively, it could be that the woman uses her smile to mask the pain of a past relationship or experience.

Many dreams have been brought to your doorstep
The woman has had many suitors, and people have tried to win her heart by offering her gifts or affection.

They just lie there and they die there
However, none of these suitors have been successful, and their efforts have proven to be in vain.

Are you warm, are you real Mona Lisa
The artist questions whether the woman is a genuine and approachable person or whether she is distant and aloof.

Or just a cold and lonely, lovely work of art?
It could be that the woman is more like a piece of art than a real human being, in the sense that she is aesthetically pleasing, but not someone with whom others can connect.

Well in a Villa in a little old Italian town
The singer tells the story of another woman who is also beautiful, but who lives a simple life in a small town in Italy.

Lives a girl whose beauty shames the rose
The woman is so beautiful that even a rose, which is often regarded as one of the most beautiful flowers, pales in comparison.

Many yearn to love her but their hopes all tumble down
Like the first woman, this woman attracts many suitors, but none of them are able to win her affection.

What does she want I guess nobody knows
It is unclear what motivates this woman or why she is so hesitant to form romantic relationships.

Or just a cold and lonely, lovely work of art
In bringing up these two women, the singer seems to be suggesting that there are different kinds of beauty and that not all beautiful people are approachable or willing to connect with others.