LA CONDAMINE, MONACO
Apartment for Sale in La Condamine, Monaco USD 2,700,000
PROPERTY DETAILS
DESCRIPTION
Les Caravelles is a building ideally located on the Port of Monaco. Its location allows you to easily reach on foot: rue Princesse Caroline - a charming pedestrian alley; the Place d’Armes and its market; the Port and its many restaurants; the Thermes Marin du Monte Carlo and the Place du Casino. This 2 room apartment has been completely renovated and has air conditioning. Possibility of acquiring additional parking in the building: €350,000. An entrance, a living room, a separate equipped kitchen, a bedroom with shower room, a toilet.
NEIGHBORHOOD · LA CONDAMINE · MONACO
La Condamine is the central ward and a quartier in the Principality of Monaco. The quartier's landmarks include Port Hercules, the Rainier III Nautical Stadium, and the Princess Antoinette Park. Its farmers' market, at Place d'Armes, has been held since 1880. (Wikipedia)
LOCATION
INVESTMENT SNAPSHOT
PRICE / M²
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Verdict: partial
Test this investment Monaco financing profile ✎ Edit
The seller has not shared rental figures. For a home like this one, long-term rents around here work out to roughly EUR 6,750 / month (about EUR 62.5 / m²; based on country average scaled x0.80 to the local price level (29 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.
