LA CONDAMINE, MONACO

Apartment for Sale in La Condamine, Monaco USD 4,500,000

Bedrooms1
Bathrooms1
Half baths1
Agency id4332

In a building located close to the beaches and the city center, refined apartment offering high standard services, composed of an entrance, a large living room, kitchen, bedroom, bathroom, separate toilet, and enjoying 'a beautiful terrace with a view. The apartment is sold with parking. Possibility of transformation into 3 rooms.

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)

INVESTMENT SNAPSHOT

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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 11,250 / month (about EUR 104.2 / 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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