LARVOTTO, 98000 MONACO

Apartment for Sale in Larvotto, 98000 Monaco USD 11,750,000

Bedrooms3
Bathrooms3
Area, m²338
Terrace / Balcony, m²170
Agency id5165

In a residence with concierge, near the Larvotto beach and Monte-Carlo Country Club, this comfortable 3-bedroom apartment has been completely renovated with high-quality materials, such as marble for the floors, solid wood for the carpentry or leather for the headboards. Rare flat with a private garden of 170m2, this property is ideal for a family.

In a residence with concierge, near the Larvotto beach and Monte-Carlo Country Club, this comfortable 3-bedroom apartment has been completely renovated with high-quality materials, such as marble for the floors, solid wood for the carpentry or leather for the headboards. Rare flat with a private garden of 170m2, this property is ideal for a family.

The apartment is sold with a spacious cellar and parking spot in the building. A second one is available as an option.

Parking spaces2
Cellar
24/7 Security

Larvotto, also known as Larvotto/Bas Moulins, is the easternmost ward in the Principality of Monaco. It is part of the quarter of Monte Carlo. With the addition of Le Portier, a neighbourhood reclaimed from the sea and opened in 2024, the surface area increased from 21.8 to 27.5 hectares. In 2008, it had a population of 5.443, making it the… (Wikipedia)

  • Transport: Portier (202 m · 3 min walk), Saint-Charles (220 m · 3 min walk), Place des Moulins (243 m · 3 min walk), +69 more nearby
  • Education: École Saint-Charles (288 m · 4 min walk), École des Carmes (685 m · 9 min walk), École de la Condamine (1.4 km · 17 min walk), +1 more nearby
  • Shopping: Spar (308 m · 4 min walk), La Vie Claire (422 m · 5 min walk), Marché U (449 m · 6 min walk), +4 more nearby
  • Health: Farmacy des Anglais (257 m · 3 min walk), Pharmacie Franco-Monégasque (399 m · 5 min walk), Pharmacie du Soleil Kaytandjian (435 m · 5 min walk), +8 more nearby
  • Leisure: Larvotto Gym Center (493 m · 6 min walk), Monaco Fitness Center (1.2 km · 15 min walk), Kart Indoor Monaco (1.4 km · 18 min walk)
  • Dining: Sass (19 m · 1 min walk), Wine O Clock (228 m · 3 min walk), Cipriani Monte Carlo (231 m · 3 min walk), +60 more nearby

Distances are straight-line, based on OpenStreetMap data.

INVESTMENT SNAPSHOT

PRICE / M²

$34,763

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 39,120 / month (about EUR 87.2 / m²; based on country average scaled x0.81 to the local price level (29 listings within 5 km)) — enter your own expected rent to see the numbers.

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Estimates only — not financial advice. Prefilled with typical monaco financing profile figures — adjust to your own scenario.

Price context

This listing: EUR34,763/m² — 34% below the median of EUR52,929/m² across our 56 listings in this area.

EUR26,738EUR117,480

Reading a price below the area level: a lower per-m² price can be genuine value — larger units price lower per m², and motivated sellers exist — but check the usual reasons first: renovation needs, noise exposure (roads, rail, flight paths), unfavourable floor or orientation, leasehold/servitudes, and pending building-fund obligations in condominiums. Points in its favour here: public transport (Portier — 202 m · 3 min walk), schools (École Saint-Charles — 288 m · 4 min walk), daily amenities (Spar — 308 m · 4 min walk).

No map data found nearby for: water proximity — worth asking the agent about these.

Positioning within our own current listings in the same area — asking prices per m², not an appraisal or market valuation. Size mix, condition, and plot differ between properties.

Investment factors
  • ✓Public transport Portier — 202 m · 3 min walk
    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 École Saint-Charles — 288 m · 4 min walk
    Nearby schools widen the tenant and buyer pool to families and stabilise long-term demand.
  • ✓Daily amenities Spar — 308 m · 4 min walk
    Groceries within walking distance is a top liveability filter for both tenants and buyers.
  • ✓Parks & recreation Larvotto Gym Center — 493 m · 6 min walk
    Green space nearby improves quality of life and supports value in dense areas.

Based on OpenStreetMap data. ✓ strong   • present   ◦ no data.

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