Apartment with garden in Monaco, why is it so rare?

Monaco, with its 2 square kilometers, is one of the smallest and most densely populated territories in the world. Although there are extension projects that will soon be delivered, such as Mareterra , where a lot of green spaces will be inaugurated at the end of 2024, the Principality remains very urbanized and limited in terms of space. The Monegasque government is working to create green spaces, but it is extremely rare to find apartments or houses with private land. Every square meter is used to the maximum, and even the few owners of green spaces are looking to optimize the profitability of their land. 

In 2024, the average price per square meter in Monaco is around 55,000 euros, which can reach up to 110,000 or 115,000 euros for some properties. This makes every square meter particularly valuable and coveted. Our agency, one of the most present on the Monegasque real estate market, has access to exceptional properties, including off-market offers with large terraces and outdoor spaces.

We offer prestigious residences such as the Palazzo Leonardo in Fontvieille, offering hundreds of square meters of terraces with sea views, or buildings such as the Parc Saint Roman with its private park. New constructions such as the Bay House also have very large outdoor areas. In addition, we have penthouse options in buildings such as L'Exotique, where rooftop terraces are equipped with private swimming pools.

Despite the difficulty of finding private gardens in Monaco, we currently have a very rare property located on the Rock of Monaco. This exceptional duplex has pleasant terraces, a bright internal patio, and a unique feature: exclusive access to the Jardins Saint-Martin. These public gardens, with their stunning views of the Mediterranean Sea, become a private space for the owners of this apartment after closing to the public. They can enjoy this park as if it were their own, offering an unparalleled living experience in Monaco. Our agency is proud to offer this exceptional property, which we will describe in more detail in the following paragraph.

Rare duplex with private garden in Monaco

We currently have a very rare property located on the Rock of Monaco. This exceptional duplex, located a few steps from the Prince's Palace and the Saint-Martin gardens, combines historical charm and modernity. Nestled in a period bourgeois building, this apartment benefits from a unique and prestigious setting, offering an incomparable quality of life.

This duplex has several outdoor spaces, including very pleasant terraces and a small internal patio with a skylight, creating a bright and welcoming environment. One of the exceptional features of this apartment is its exclusive access to the Jardins Saint-Martin. These public gardens, located on the Rock, offer breathtaking views of the Mediterranean Sea, breathtaking panoramas, and become a private space for the owners of this duplex after closing to the public. They can enjoy these magnificent gardens as if they were their own, offering much more than just a private garden, but a real private park.

The apartment has been renovated with high quality materials, ensuring comfort and elegance to its occupants. With a total area of 290 m², including 235 m² of living space and 55 m² of terrace, this spacious duplex includes a large living room with dining room, an equipped kitchen, and a living room opening onto the outdoor terrace. The master bedroom is accompanied by an en-suite bathroom and a dressing room, while three more bedrooms and an office complete the living areas. In addition, an interior courtyard converted into a gym offers private access to the Jardins Saint-Martin.

This rare property, priced at €18,500,000, is perfectly suited to family life or entertaining, offering spacious and bright living spaces. Located on the garden level of Villa Mariquita in the Monaco-Ville district, this duplex is immediately available and ready to welcome its new owners.

Our agency is delighted to be able to offer this exceptional property, offering a unique and luxurious living environment in the heart of Monaco.

Apartment Summary:

• Location and historical charm : Located in a prestigious area, close to the Prince's Palace and the Saint-Martin gardens, this apartment enjoys a unique setting.
• Private garden and living spaces : The private garden offers an oasis of tranquility, ideal for relaxing moments in the open air.
• Renovation with quality materials : The apartment has been renovated with high quality materials, ensuring comfort and elegance.
• Configuration and amenities : This spacious duplex of 290 m² includes a large living room with dining room, a fitted kitchen, a living room opening onto the outdoor terrace, a master bedroom with bathroom and dressing room, three additional bedrooms, an office, and an interior courtyard converted into a gym with private access to the Jardins Saint Martin.

We invite you to discover this property by consulting its dedicated page which will make you discover our Rare duplex with private garden a few steps from the Prince's Palace.

Why choose an apartment with a garden in Monaco?

Opting for an apartment with a garden in Monaco has many advantages, despite the rarity of such properties in the principality. The private gardens provide an oasis of tranquility and greenery, allowing residents to enjoy a personal outdoor space to relax, host receptions, or simply spend time outdoors. In a city where urbanization is dense and private green spaces are limited, a private garden becomes a precious luxury.

Monaco is renowned for its exceptional living environment, combining a secure environment, a pleasant climate and high-quality infrastructure. Having a private garden in this context allows you to maximize the benefits of living in such a prestigious place. The gardens offer stunning views of the Mediterranean Sea and the surrounding landscapes, enhancing the feeling of luxury and exclusivity.

In addition, apartments with gardens or terraces offer additional space that can be arranged according to the needs and desires of the owners. Whether it's to create a play area for children, a relaxation area with garden furniture, or even an urban vegetable garden, the possibilities are numerous. This type of layout allows you to personalise your living environment and make it a unique place that perfectly matches your lifestyle.

Finally, owning an apartment with a garden in Monaco is not only an asset for the quality of life, but also a wise investment. The rarity of these properties makes them particularly attractive on the real estate market, thus guaranteeing long-term value and potential capital gains. In short, choosing an apartment with a garden in Monaco means opting for an exceptional living environment, a safe investment, and the opportunity to take full advantage of the beauty and prestige of the principality.

Popular areas for an apartment with a garden

The Monte-Carlo district

Monte Carlo, one of Monaco's most iconic districts, is renowned for its casino, luxury hotels and high-end boutiques. Finding an apartment with a garden in this prestigious area is a real privilege. Residents can enjoy spectacular views of the Mediterranean Sea and proximity to the principality's best attractions. The private gardens in this area offer a space of tranquility in the heart of the urban effervescence, allowing you to enjoy calm and exclusivity in complete privacy. Our agency can offer you a property with a private garden or another penthouse with a private terrace.

The La Condamine district

La Condamine is a lively and dynamic district, located around Port Hercule. It is one of the oldest districts in Monaco, offering a mix of historical charm and modernity. Garden apartments in La Condamine are highly sought after due to their central location and easy access to shops, restaurants and other amenities. A private garden in this area allows for a serene outdoor space while still being close to the hustle and bustle of the port.

The Fontvieille district

Fontvieille, Monaco's newest district, is known for its marina, landscaped gardens, and peaceful residential vibe. This area offers many opportunities to find apartments with gardens, often located in modern residences with high-quality amenities. The private gardens in Fontvieille allow you to enjoy nature and the outdoors, with magnificent views of the sea and the surrounding mountains. It is an ideal place for those looking for a quiet and green living environment while being close to the services and infrastructures of Monaco. Our agency can offer you many rooftops in this district with large spaces.

Each of these neighborhoods offers unique features and distinct benefits for those looking for a garden apartment in Monaco. Whether it is for the prestige of Monte-Carlo, the effervescence of La Condamine, or the tranquility of Fontvieille, there are various options to meet the expectations and needs of future owners.

Scarcity of outdoor spaces in Monaco

The scarcity of outdoor spaces in Monaco is a well-known reality among residents and potential buyers. The principality, with an area of only 2 square kilometers, is one of the most densely populated territories in the world. Every square meter of land is extremely valuable and optimized to the maximum. This urban density makes private gardens particularly rare and popular, making those that do exist real estate jewels.

Due to this rarity, apartments with balconies, terraces, or private gardens are considered luxury properties. Homeowners who are fortunate enough to own such spaces highly value them, as they offer an escape from the hustle and bustle of city life, allowing them to enjoy relaxing moments in the open air without leaving their homes. Private gardens, in particular, are often carefully landscaped to maximize their utility and beauty, creating green oases right in the heart of the city.

Modern buildings in Monaco, such as the Palazzo Leonardo in Fontvieille or the Parc Saint Roman, are designed to offer generous outdoor spaces to their residents. These luxury residences often include large terraces with spectacular views of the sea and the surrounding mountains. New construction projects, such as the Bay House, continue to emphasize the importance of outdoor spaces, with terraces and gardens integrated into architectural plans to meet growing demand.

In addition, penthouses in buildings like L'Exotique stand out for their rooftop terraces, which can include private pools and outdoor relaxation areas. These features add immense value to these properties, making them highly sought-after choices for high-net-worth buyers who want to combine luxury, comfort, and outdoor space.

In short, the scarcity of outdoor spaces in Monaco accentuates the value of the apartments that have them. These properties are not only wise real estate investments but also havens of peace for those who are lucky enough to own them. Our agency, with its expertise and privileged access to off-market properties, is able to offer its clients exceptional options with these precious outdoor spaces, thus meeting the highest requirements in terms of quality of life and prestige.

Buy your apartment with a garden in Monaco

In conclusion, the rarity of garden apartments in Monaco transcends mere convenience to become a true symbol of luxury and privilege. In a city where every square meter is exploited to the maximum, having a private outdoor space is a rarity that gives its owners an exceptional quality of life. Whether in Monte-Carlo, La Condamine or Fontvieille, these properties offer a unique living environment, combining comfort, privacy and a green environment in the heart of the urban effervescence.

The growing demand for these outdoor spaces, combined with the scarcity of land, makes these properties particularly valuable and coveted. They represent not only a solid investment, but also a personal sanctuary where nature and luxury meet. High-quality new projects and renovations meet this demand with features such as spacious terraces, private gardens and stunning views of the Mediterranean Sea.

Our agency, with its privileged access to off-market properties and its recognized expertise, is ready to accompany its clients in the search for these real estate jewels. We invite you to discover the unique opportunities we offer, combining prestige, comfort and rare outdoor spaces, for an exceptional living experience in Monaco. Investing in an apartment with a garden in Monaco means choosing an unrivalled quality of life and a priceless real estate portfolio.