LA CONDAMINE, MONACO
House for Sale in La Condamine, Monaco USD 27,000,000
PROPERTY DETAILS
DESCRIPTION
House for sale of 676 m², family, with terrace and balconies, in Monaco. This property is located in the Saint-Roman district. A bus stop (50 m), the sea, schools (200 m) and a pedestrian street are nearby. Please note that it has a living room, a double living room, 7 bedrooms, 2 kitchens, 3 bathrooms and 3 shower rooms. In addition, the magnificent sea view offered by this house is worth highlighting. By choosing this residence, you will also have a garage at your disposal.
BUILDING DETAILS
FEATURES
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
$39,941
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 67,500 / month (about EUR 99.9 / m²; based on country average scaled x0.80 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: EUR39,941/m² — 25% 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 (Yes. Bus), schools (Monaco), daily amenities (Yes).
No map data found nearby for: water proximity, 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
- ✓Public transport Yes. Bus
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 Monaco
Nearby schools widen the tenant and buyer pool to families and stabilise long-term demand. - ✓Daily amenities Yes
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.
Based on OpenStreetMap data. ✓ strong • present ◦ no data.
