LA CONDAMINE, MONACO
Penthouse for Sale in La Condamine, Monaco USD 20,600,000
PROPERTY DETAILS
DESCRIPTION
Luxurious, spacious triplex on the top floor of the building with stunning views of the Mediterranean Sea. A charming apartment offering 368m² of living space. Very bright, with good exposure during the day and a cosy atmosphere at the end of the day. Close to the shopping center, town center, school and sea. Equipped with an open-plan kitchen, living room, dressing room, two bedrooms, two shower rooms, WC and a large 230m² terrace.
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
$55,978
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 51,500 / month (about EUR 106.6 / m²; based on Monaco) — enter your own expected rent to see the numbers.
Enter a monthly rent above to see cash flow, yield and return.
Cash flow / month
Incl. equity build: /mo
Down payment
Mortgage / mo
Equity build / mo
Cap rate
Cash-on-cash
Gross yield
Estimates only — not financial advice. Prefilled with typical monaco financing profile figures — adjust to your own scenario.
Price context
This listing: EUR55,978/m² — in line with the median of EUR52,721/m² across our 54 listings in this area.
Priced in line with the area: at market level, the decision usually comes down to the specifics — condition, layout, light, outdoor space, and the exact micro-location.
No map data found nearby for: public transport, water proximity, schools, daily amenities, parks & recreation — 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
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.
