MONACO REAL ESTATE
Luxury property for sale can be found throughout the Principality and ranges from studio apartments with balconies to penthouses with rooftop terraces. With such a wide variety of property throughout the districts of Monaco, from converted 19th century villas and art déco buildings, to 70s’ high rises and contemporary skyscrapers, choosing can be difficult. Here we highlight the districts of Monaco and offer insight into some of the most sought after residences.
La Condamine snuggles at the foot of the Rock on which the Old Town is built and is partly composed of several streets of period buildings divided into apartments. More recent mixed-use buildings contribute to the vibrancy of this district, where office workers and residents co-exist during the day.
Monaco real estate facing the famous Port Hercules is in great demand. Notable residential buildings include Palais Heracles, a prime location for Grand Prix viewing.
Behind the commercial district, the distinctive curvilinear facade of Le Stella – the most recent mixed-use development in this area – can be seen. It is composed of 99 elegantly designed duplex apartments and two villas. In summer 2019, the International University of Monaco will move into the non-residential part of the main structure.
Monte Carlo is Monaco’s most famous and most densely populated district. Several new developments have sprung up here in recent years. Among them is Petite Afrique, with its generous wrap-around terraces embellished with luxuriant vegetation. It houses apartments of between 500 and 1000 square metres and is crowned by a penthouse with a swimming pool. Residents have use of a fitness area, spa and indoor pool.
The One Monte Carlo development, inaugurated in early 2019, gave the neighbourhood 37 prestigious apartments and a brand-new shopping district. The apartments are available for long-term rental only are a full-range of hotel services are available to tenants.
Close by, the soon-to-be completed building 26 Carré d’Or comprises four 820-square metre duplexes, four five-room apartments (400sqm) and a penthouse. Like most new developments in Monaco, 26 Carré d’Or will offer residents a spa, fitness centre and pool.
LA ROUSSE-SAINT ROMAN
La Rousse-Saint Roman is a mainly residential district and is home to several luxury properties built in the 1970s, such as the two Chateau Perigord towers. Some properties here stand in beautifully maintained grounds with swimming pools. The most famous building in this area is the Tour Odéon, which was inaugurated in 2015 and offers residents a vast array of luxury amenities and services. These include a spa, over a surface of 1,800 square metres, a business centre, and a screening room, valet parking and concierge services. Apartments in beautiful Bourgeois-style buildings can also be found in this district.
Fontvieille is the youngest district of Monaco. Real estate in this well-designed area, built on land reclaimed from the sea, is often surrounded by luxuriant vegetation. Several high-end residences here have swimming pools and gardens and many buildings offer sea or harbour views.
Like its neighbour Les Moneghetti, Jardin Exotique is a mainly residential area that offers its residents spectacular views due to its high-perched location. Work on a new Monaco real estate project, L’Exotique, is underway here. This development, which will comprise 60 apartments with sea views, an indoor swimming pool, a hammam and a sauna, is due for completion in 2022. Well-known residential buildings in Jardin Exotique include Patio Palace, built in 1999, and the recent Le Simona, with its instantly recognisable geometrically patterned white facades.
It is in the Moneghetti district, surrounded by the Jardin Exotique, Monte Carlo, La Condamine and the small French town of Beausoleil, that home-hunters are most likely to find a villa dating from the Belle Epoque. More modern apartments can also be found in this north-central residential district of Monaco, where the railway station hides within a hill.
In the historical district of Monaco, real estate is pastel-coloured and picturesque. The buildings are beautifully maintained and many apartments have been renovated in an elegant, contemporary style. While apartments in the narrow central streets do not have sea views, some have balconies that enable residents to enjoy the village-like atmosphere of the Old Town. A few prime properties have rooftop terraces and those on the edge of the Rock on which Monaco-Ville stands have exceptional views across either Fontvieille or Hercules harbour.
At Ageprim, we aim to satisfy our clients, whether they are seeking to buy or rent or require management services. In the competitive Monaco real estate market, home-hunters and investors appreciate our knowledge and first-rate services. Please do not hesitate to contact us.