LARVOTTO, 98000 MONACO
Apartment for Sale in Larvotto, 98000 Monaco USD 30,000,000
PROPERTY DETAILS
DESCRIPTION
The name ‘Mareterra’ is inspired by the two complementary elements of the project: the sea and the land. Developed using pioneering, sustainable building techniques, Mareterra lies at the heart of the Principality’s future growth. This transformational land reclamation project will be a natural extension of the principality, offering discerning investors a collection of elegant apartments, townhouses, penthouses, and a limited number of exquisite villas. “I wanted this new area to embody the excellence and conviviality which distinguish the Principality of Monaco so well. Mareterra will integrate perfectly with our shoreline, and in a few years will be seen as a natural extension of our territory.” HSH PRINCE ALBERT II OF MONACO
AMENITIES
NEIGHBORHOOD · LARVOTTO · MONACO
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.
LOCATION
INVESTMENT SNAPSHOT
PRICE / M²
$80,429
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 41,780 / month (about EUR 112.0 / 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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Estimates only — not financial advice. Prefilled with typical monaco financing profile figures — adjust to your own scenario.
Price context
This listing: EUR80,429/m² — 53% above the median of EUR52,721/m² across our 56 listings in this area.
Reading a price above the area level: a premium per m² is typically carried by location and quality factors — waterfront or views, walkable transport, plot size, recent renovation, and scarcity of the property type. Detected 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). Worth verifying on viewing: condition and renovation year, outdoor space, and how the view compares to similarly priced alternatives.
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.
