LA ROUSSE, 98000 MONACO

Penthouse for Sale in La Rousse, 98000 Monaco USD 8,500,000

Bedrooms2
Bathrooms2
Agency id4451
CityChoose value
State396

This superb, sought-after penthouse apartment is in the well-known ‘Les Terraces’ tower of Parc Saint Roman, in the district of La Rousse, at the eastern end of Monaco, facing on to Bd d’Italie. In a quiet location, with incredible views over Monaco and out to sea, the apartment on the 10th and 11th floors with 95 sq m of internal living space and 154 sq m of terraces, has previously been comprehensively refurbished and updated, with a large principal bedroom suite, with en suite bathroom, and a second smaller bedroom (currently in use as an office). A separate kitchen opens on to the terrace, and an open-plan living room and dining room with floor-to-ceiling glass sliding doors open on to a wide terrace, providing extended inside/outside reception space for outside seating and dining. A spiral staircase provides access to the rooftop terrace, where there are two decked areas, ideal for relaxing or entertaining, with one overlooking Monaco and the Plage du Larvotto and a second with both a view over Monaco and the mountains behind looking back into France. There is also a useful covered outdoor shower room/bathroom on the roof terrace. The luxury, private residences of Parc Saint Roman benefit from a 24-hour concierge plus a large outdoor swimming pool surrounded by Palm Trees, a sauna, solarium and gym, plus a car wash. The location means residents are close to the Monte-Carlo Country Club and the Monte-Carlo Beach Club and other hotels, restaurants, beaches and amenities. The apartment has a designated ‘Cave’ for storage and a single, large parking space. The A8 is within easy reach for the wider French Riviera and Nice International Airport, without having to drive through the centre of Monaco, as is Cap Martin, Menton and the Italian border.

La Rousse, also formerly known as La Rousse-Saint Roman, is the northernmost ward in the Principality of Monaco. La Rousse is incorporated in the traditional quarter of Monte Carlo. Since 2018, it is home to a police station near the border with France. (Wikipedia)

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The seller has not shared rental figures. For a home like this one, long-term rents around here work out to roughly EUR 17,980 / month (about EUR 105.2 / m²; based on country average scaled x0.80 to the local price level (30 listings within 5 km)) — enter your own expected rent to see the numbers.

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Investment factors

What to look for when judging a property's investment potential:

  • ◦Public transport
    Walkable rail or bus access consistently supports resale value and rentability.
  • ◦Water proximity
    Lake, river, or sea frontage and water views command lasting price premiums in most markets.
  • ◦Schools
    Nearby schools widen the tenant and buyer pool to families and stabilise long-term demand.
  • ◦Daily amenities
    Groceries within walking distance is a top liveability filter for both tenants and buyers.
  • ◦Parks & recreation
    Green space nearby improves quality of life and supports value in dense areas.

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