LA CONDAMINE, MONACO

Apartment for Sale in La Condamine, Monaco USD 11,800,000

Bedrooms3
Bathrooms3
Half baths1
Agency id4332

Located in a superb residence overlooking the Principality, this magnificent 4-room family apartment offers beautiful volumes, spacious loggias and a spectacular view of the Sea, the Rock and the City. High-end services, quality finishes. Residence with luxurious entrance hall, waiting lounge and concierge service. The apartment is composed of an entrance, a guest toilet, a large living/dining room of approximately 58 m2 with loggia and sea view, a spacious kitchen with pantry/laundry room and service entrance. The 3 bedrooms each have their own loggia, bathroom and dressing room, numerous cupboards furnish the apartment. 2 cellars and 3 parking spaces are included with the apartment.

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)

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Verdict: partial

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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 29,500 / month (about EUR 126.1 / m²; based on Monaco) — 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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