LA ROUSSE, 98000 MONACO
Penthouse for Sale in La Rousse, 98000 Monaco USD 7,700,000
PROPERTY DETAILS
DESCRIPTION
A few steps away from the Place des Moulins and its shops, this modern duplex-penthouse is a rare commodity. Its large furnished terrace allows you to enjoy the mild Mediterranean climate all year round.
Recently renovated in a contemporary spirit with an open kitchen and bright and large living-dining room, this apartment has two bedrooms with their en-suite bathroom.
On the second floor, a veranda with its bathroom has been created to take advantage of this large roof terrace.
NEIGHBORHOOD · LA ROUSSE · MONACO
La Rousse, also formerly known as La Rousse-Saint Roman, is the northernmost ward in the Principality of Monaco. La Rousse is incorporated in the traditional quarter of Monte Carlo. Since 2018, it is home to a police station near the border with France. (Wikipedia)
LOCATION
INVESTMENT SNAPSHOT
PRICE / M²
$35,000
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 19,250 / month (about EUR 70.0 / m²; based on country average scaled x0.81 to the local price level (29 listings within 5 km)) — 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: EUR35,000/m² — 34% below the median of EUR52,929/m² across our 56 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.
