LA CONDAMINE, MONACO

Apartment for Sale in La Condamine, Monaco USD 12,750,000

Bedrooms2
Bathrooms2
Half baths1
Agency id4332

The Seaside Plaza is a luxurious and secure residence with 24/7 concierge which benefits from a swimming pool with views of the sea and the port. It is located in the residential area of ​​Fontvieille, a few steps from the gardens and the port. This apartment, completely renovated with luxurious finishes and decorated with great taste, benefits from a large loggia with sea and port views. The apartment is composed of an entrance hall, a large living room with dining area and lounge opening onto a large loggia with sea and port views. The separate kitchen is fully equipped and large enough to eat in. The two bedrooms each have their own bathroom. It is sold with a cellar and parking.

Parking spaces1

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 24,580 / month (about EUR 143.8 / 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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