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La Condamine

The harbour district wrapped around Port Hercule. Belle Époque façades, the morning market and front-row seats to the Grand Prix.

4 residences

Indicative prime price€52,000 per m²

Indicative prime benchmark — not a valuation.

Daily life orbits the shops of Rue Grimaldi and the pedestrian Rue Princesse Caroline, with the Gare de Monaco tucked below and Place d'Armes marking the threshold to Le Rocher. Buyers tend to be working professionals and first-time residents who want a central address without Monte-Carlo pricing.

See how La Condamine ranks in the Riviera Prime Index
Harbour Duplex
For sale11%
5

La Condamine

Harbour Duplex
€8,750,000€9,800,000

33185 m²

Port viewTerraceParking

By Sofia Marchetti

Listed 39 days ago

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Buying here

How to buy in La Condamine

La Condamine is Monaco's most liquid entry point; port-view apartments turn over faster than the trophy districts.

The process

  1. 1

    Engage a Monaco advisor

    A licensed agent surfaces both listed and off-market stock and represents you through the deal — essential in a market where the best apartments never reach a portal.

  2. 2

    Offer & reservation

    On an accepted offer you sign a reservation and place a deposit, customarily around 10% held by the notaire.

  3. 3

    Notaire & compromis

    A Monégasque notaire (a public officer) drafts the sale agreement, runs title and charge checks, and secures the transaction for both sides.

  4. 4

    Funds & optional residency

    Arrange funds or private-bank financing. If you also want to reside, open a Monaco bank relationship and lodge the required deposit in parallel — buying itself needs no residency.

  5. 5

    Acte de vente

    The final deed is signed before the notaire, the balance and costs settle, and keys are handed over.

Acquisition costs

Notary + registration
~6% (resale)
Agency commission
~3% (often seller-borne)
Annual property tax
None
Income / capital gains (resident primary home)
None

Indicative figures — confirm exact costs with your advisor and notaire.

Buying property in La Condamine — FAQ

Can foreigners buy property in Monaco?
Yes — there are no nationality restrictions on buying property in Monaco; purchase is open to all buyers. Owning a home can help meet the accommodation requirement if you later apply for residency, but buying itself does not require it.
What does it cost to buy in La Condamine?
Budget roughly 6% for notary and registration on a resale, plus about 3% agency commission (often borne by the seller). Monaco levies no annual property tax and no capital-gains tax on a resident's main home.
How much is prime property in La Condamine per m²?
La Condamine runs at an indicative €52,000/m² for prime stock in 2026 — see the Riviera Prime Index for the full ranking.