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)
- Transport: Stade Nautique (163 m · 2 min walk), Princesse Antoinette (193 m · 2 min walk), Place d'Armes (vers Monaco Ville) (228 m · 3 min walk), +57 more nearby
- Education: École de la Condamine (227 m · 3 min walk), Croix rouge monégasque, crèche et garderie Rosine Sanmori (650 m · 8 min walk), École Saint-Charles (1.1 km · 14 min walk)
- Shopping: Carrefour Market (154 m · 2 min walk), Utile (162 m · 2 min walk), Solis Bio (193 m · 2 min walk), +5 more nearby
- Health: Pharmacie Internationale (89 m · 1 min walk), G. Marsan (181 m · 2 min walk), Ferry (186 m · 2 min walk), +13 more nearby
- Leisure: Monaco Fitness Center (189 m · 2 min walk), World Class (998 m · 12 min walk), Salle de la mer (1.2 km · 15 min walk), +1 more nearby
- Dining: 3 Tapas (57 m · 1 min walk), Forgi’s (76 m · 1 min walk), Planet Pasta (80 m · 1 min walk), +66 more nearby
Distances are straight-line, based on OpenStreetMap data.
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 country average scaled x0.80 to the local price level (28 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: EUR42,233/m² — 20% 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. Points in its favour here: public transport (Stade Nautique — 163 m · 2 min walk), schools (École de la Condamine — 227 m · 3 min walk), daily amenities (Carrefour Market — 154 m · 2 min walk).
No map data found nearby for: water proximity — 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
- ✓Public transport Stade Nautique — 163 m · 2 min walk
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 École de la Condamine — 227 m · 3 min walk
Nearby schools widen the tenant and buyer pool to families and stabilise long-term demand. - ✓Daily amenities Carrefour Market — 154 m · 2 min walk
Groceries within walking distance is a top liveability filter for both tenants and buyers. - ✓Parks & recreation Monaco Fitness Center — 189 m · 2 min walk
Green space nearby improves quality of life and supports value in dense areas.
Based on OpenStreetMap data. ✓ strong • present ◦ no data.
