Back to the list

Exceptional Real Estate Opportunity – Condamine, Monaco

Condamine

Features

Selling pricePrice upon request

Type of propertyHouse

Download PDF

Description

A Prime Location in the Heart of Monaco Nestled in the iconic Condamine district, just steps away from Port Hercule, the Prince’s Palace, and the historic Rock of Monaco, these two charming buildings offer a rare investment opportunity in the heart of the Principality. Located in a quiet pedestrian zone, they enjoy a vibrant and authentic environment, surrounded by local markets, artisan shops, and a lifestyle that blends Monégasque tradition with urban convenience.

Property Description: Two Entire Buildings with Garden and Potential VILLA LE CHALET – Approx. 437 m² A character building spanning 4 floors + basement, with a typical Monégasque configuration, spacious volumes, and charming balconies—ideal for a high-end renovation project. One unit is currently occupied (lease until 31/12/2030, tenant born in 1938).

VILLA LE PAVILLON – Approx. 146 m² A more intimate building with 2 floors above ground level, offering serene volumes and traditional charm. One unit is currently occupied (lease until 31/12/2030, tenant born in 1929).

Redevelopment Potential and Access Options Both properties are located in a peaceful pedestrian-only zone, but a demolition-reconstruction project could potentially allow for vehicle access and underground parking, subject to planning permission. The properties include a private garden of approx. 100 m²—a rare feature in Monaco’s city center.

These buildings are ideal for:

A prestigious private residence or family office

Conversion into luxury apartments

A distinctive boutique hotel

A long-term patrimonial investment

Summary of the Opportunity Location: Condamine, Monaco – steps from Port Hercule

Total interior surface: approx. 583 m² + balconies + garden

Status: Sold as full ownership, no commercial use in place

Tenancy: Only two residential units leased (until 2030)

Potential: Reconstruction project with car access and parking possible

Price: Upon request

Unique Real Estate Investment – Condamine Monaco This is a rare off-market opportunity to acquire two full buildings in one of Monaco’s most historic and vibrant districts. With strong potential for redevelopment, enhancement, or repositioning, it is a perfect asset for private or institutional investors seeking to combine prestige, location, and heritage value.

Contact us to request the full dossier or arrange a private visit of these buildings in Condamine, Monaco.

SL AGENCY

T. +377 999 093 60 contact@slamonaco.com https://www.slamonaco.com/ See all properties

Photo Gallery

This document does not form part of any offer or contract. All measurements, areas and distances are approximate. The information and plans contained herein are believed to be correct, however, their accuracy is not guaranteed. The photographs show only certain parts of the property at the time they were taken. This offer is subject to change of price or other conditions, without prior notice.