LA CONDAMINE, MONACO
Apartment for Sale in La Condamine, Monaco USD 9,850,000
PROPERTY DETAILS
DESCRIPTION
Located in the Saint Roman district, this sublime residence with 24/7 concierge is surrounded by a magnificent park with private swimming pool. Parc Saint Roman benefits from an ideal location: a few steps from local shops, you can also reach the Monte-Carlo Country Club in a few steps. The Beach Club and the Larvotto Beaches are easily reachable, as is the city center, thanks to nearby public transport. The building also offers a sauna, a reading room and a gym. This 3 room apartment for sale exclusively is perfectly maintained. Located on a high floor, it offers magnificent views of the sea, beaches and Italian coasts. Very bright, it benefits from a pleasant loggia of approximately 25m² facing South/South East. This exceptional property of approximately 167m² in total includes a large entrance hall with guest toilets; you will then find a spacious living room opening onto the loggia as well as a separate fully equipped kitchen. The sleeping area includes a master bedroom with a bathroom and storage space, as well as a second bedroom and a separate shower room. This apartment is offered with a cellar and a parking space. Our real estate agency in Monaco offers you quality apartments for sale exclusively at Monte-Carlo Sotheby’s International Realty.
AMENITIES
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
$58,982
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 24,010 / month (about EUR 143.8 / m²; based on Monaco) — 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: EUR58,982/m² — 12% above the median of EUR52,721/m² across our 54 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. 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: 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.
