LA CONDAMINE, MONACO
Duplex Apartment for Sale in La Condamine, Monaco USD 4,350,000
PROPERTY DETAILS
DESCRIPTION
Spacious 2-room apartment located in the heart of the Condamine district, in a new residence with concierge service and gym.
The luxurious duplex-apartment with contemporary design comprises on the first level an entrance, a large living room with an open-plan kitchen and terrace.On the second level, a bedroom with ensuite bathroom and wardrobe.A parking space is included in the price.
BUILDING DETAILS
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
$42,233
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 10,880 / month (about EUR 99.3 / 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: EUR42,233/m² — 20% below the median of EUR52,929/m² across our 54 listings in this area.
Reading a price below the area level: a lower per-m² price can be genuine value — larger units price lower per m², and motivated sellers exist — but check the usual reasons first: renovation needs, noise exposure (roads, rail, flight paths), unfavourable floor or orientation, leasehold/servitudes, and pending building-fund obligations in condominiums.
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.
