Building Le Patio Palace
- Address 41, av. Hector Otto
- Type Building High standing
- Exotic Garden District
- Swimming pool Yes
- Concierge Yes
- Spa No
- Number of floors 17
The Patio Palace is a luxury residential building located in the Jardin Exotique district of Monaco. Built in 1999, it rises to 17 floors and offers breathtaking panoramic views of the Principality and the Mediterranean from most levels. This prestigious residence is distinguished by its luxurious services, including a 24-hour concierge service and a private swimming pool reserved for residents, all in an exclusive and secure setting.
Contemporary architecture and building design
Designed by Monegasque architect Joseph Iori in partnership with the developer SEMI Monaco, the Patio Palace displays elegant contemporary architecture, perfectly integrated into the urban landscape. Its clean lines and refined facades maximize light and perspectives, offering spectacular panoramas of Monaco and the sea on each floor. The building has the particularity of being a mixed residence: its first levels house commercial and professional infrastructures, while the upper floors are dedicated to luxury apartments. In practice, the complex consists of two connected towers : a 17-storey main tower housing 14 floors of apartments topped by a private swimming pool at the top, and a second adjoining 11-storey structure largely dedicated to offices and technical rooms. The complex also has 5 levels of underground parking and a shopping arcade on the ground floor, giving the Patio Palace a dynamic character without compromising the high standing offered to residents. This ingenious design makes the Patio Palace one of the largest residences in the Exotic Garden area, with a total area of approximately 29,000 m² divided between residential (22,000 m²) and tertiary (7,000 m²) spaces.
Luxurious interiors and high-end amenities
The apartments at the Patio Palace stand out for their luxury and comfort. Some of the apartments benefit from high-end finishes: marble floors in the reception rooms, noble wood floors in the bedrooms, fully equipped modern kitchens and integrated air conditioning. Many apartments have been equipped with advanced home automation devices, allowing you to easily control the lighting, electric shutters or the sound environment of each room. The spacious and bright bedrooms have custom-made walk-in closets and elegant marble bathrooms. Large private terraces extend the living rooms, inviting residents to enjoy the Mediterranean climate and the unobstructed views of Monaco.
In addition to indoor comfort, the Patio Palace offers its residents top-of-the-range services and facilities. A concierge team available 24/7 ensures a service worthy of a palace, taking care of the daily needs or special requests of residents (reservations, personal assistance, etc.). In terms of well-being, the residence offers a large outdoor swimming pool surrounded by carefully maintained landscaped gardens, offering a privileged relaxation area with panoramic views. The safety of the occupants is also a priority: the building has CCTV surveillance systems and strict access control, ensuring a safe and discreet residential environment at all times. This attention to security and privacy is enhanced by the exclusive character of the neighborhood, ensuring great peace of mind for the residents of the building. The building is equipped with parking and Box in the residence a comfort sought after in Monaco, you can park and access directly by elevator to your accommodation. Our agency specialising in the Patio Palace also offers a double boxed car park for sale if you are looking for parking spaces in this building.
Privileged location on the heights of Monaco
Located at 41-45, avenue Hector Otto, the Patio Palace enjoys an exceptional location on the north-western heights of Monaco, in the heart of the Jardin Exotique district. This environment is characterized by its quiet and green residential atmosphere, offering a haven of tranquility away from the hustle and bustle of Monte Carlo. The Exotic Garden is famous for its open-air botanical garden – one of the most visited tourist sites in the Principality – which can be found just a stone's throw from the residence. Right next door is also the Villa Paloma, housing part of the New National Museum of Monaco, offering a quality cultural offer to the inhabitants of the district.
Despite this "timeless" calm, the district is far from isolated. It has all the local amenities necessary for daily life: a supermarket and a local school are just a few minutes' walk from the Patio Palace, making life easier for families. In addition, the Princess Grace Hospital Center (CHPG) is located nearby, ensuring quick access to medical and emergency services for residents. In terms of mobility, the Jardin Exotique is very well connected to the rest of Monaco thanks to modern public elevators and escalators that connect the top of the hill to the lower parts of the city. For example, the "elevators of the Salines" allow you to go directly down to Fontvieille in a few minutes. Similarly, the centre of Monte-Carlo and Port Hercule remain quickly accessible, by car and public transport, thanks to the proximity of the main roads and public lifts. This location offers an ideal balance: living at the Patio Palace means residing in a peaceful and green district while remaining connected to the heart of Monaco, a real compromise between tranquility and dynamic urban life.
Real estate market: rare and sought-after apartments
As a highly sought-after luxury residence, the apartments of the Patio Palace are of particular interest to real estate investors and lovers of exceptional properties in Monaco. The building offers a diverse range of accommodation, from beautiful studios of around 50 m² to 4 to 5-room family apartments exceeding 250 m² (some spacious units reaching ~290 m²) and with several bedrooms. Most properties offer one or more private parking spaces as well as a cellar, included or optional, given the presence of the parking levels in the building. Given the standing and rarity of these apartments, real estate prices are high and reflect the prestige of the address. As an indication, in 2024, a studio at the Patio Palace is trading for around 2.5 million euros, while the largest apartments can exceed 10 to 11 million euros, depending on the surface area, floor, view and interior condition of the property. This price range reflects the very high-end positioning of the residence on the Monegasque market. Nevertheless, for buyers and wealthy tenants, the Patio Palace represents a safe bet combining exceptional quality of life, security and a solid return on wealth over time.
Frequently asked questions about the Patio Palace Monaco
What neighborhood is Patio Palace in?
The Patio Palace is located in the residential area of the Jardin Exotique, in Monaco.
What is the address of the Patio Palace?
The building is located at 41-45, avenue Hector Otto, Monaco.
What residential buildings are close to Patio Palace?
The neighbouring buildings are Le Bermuda, Les Ligures and L'Exotique.
What amenities are around Patio Palace?
Supermarket, school, exotic garden, museum, hospital and shops are nearby.
What are the amenities in Patio Palace?
The Patio Palace features a concierge service, secure parking, a swimming pool and private access.
Is there a concierge at Patio Palace?
Yes, a concierge service is available 24 hours a day at Patio Palace.
What is the number of the concierge at Patio Palace?
You can contact the concierge of the Patio Palace at +377 93 25 42 17.
Does Le Patio Palace have a pool?
Yes, the building offers an outdoor swimming pool for residents only.
Which real estate agency specializes in the Patio Palace?
Petrini Exclusive Real Estate Monaco specialises in this prestigious building.
I am looking to buy at the Patio Palace, who should I contact?
Eugenia Petrini, an expert in Monegasque real estate, offers several properties for sale at the Patio Palace.
I am looking to rent at the Patio Palace, who can help me?
Paolo Petrini is recognized for his expertise in renting at the Patio Palace. Contact him to find a suitable property.
Where can I find parking for sale or rent at Patio Palace?
The Petrini Exclusive Real Estate agency offers parking for sale and rent in the building.
Article written by Paolo Petrini, Monegasque real estate expert.
Properties available in this building
These articles might interest you
Becoming a resident in Monaco
More Information
Surface area of Monaco
More Information
Buying Guide
More Information
Becoming a resident in Monaco
How to Become a Monaco Resident
Buying Guide
The complete buying guide by Petrini Exclusive Acquiring a property is undoubtedly planning, building your future. Our Petrini Exclusive Real Estate Monaco agency, renowned in the Monaco real estate sector for over thirty years, offers its buyer clients experience and in-depth knowledge of the market....
Surface area of Monaco
What is the area of Monaco The famous principality of Monaco, located in the heart of the French Côte d'Azur and just a few kilometers from Italy, continues to attract citizens from all over the world thanks to its generous Monaco surface area. Its idyllic living environment, the...
Subscribe to our newsletter and discover our
exclusive Off Market properties.
