The Park Palace, a prestigious residence in Monaco

An iconic residence

This prestigious residence is located just a few steps from the sumptuous Place du Casino in Monte Carlo, offering a pleasant living environment and high-end services such as a 24/7 concierge service, an indoor swimming pool that can be enjoyed in both summer and winter, and a gym for residents. Its prestige is also reflected in its surroundings, which are perfectly maintained and quiet in the evening.

An ideally located place to live

The Park Palace residence is located on a small cul-de-sac, protecting it from foot traffic and road traffic. Comprising three buildings, this residence houses around 200 apartments overlooking the Casino Gardens. It enjoys close proximity to the city's main attractions: luxury establishments, Michelin-starred restaurants and private banks. Also nearby are the shops on Boulevard des Moulins, the port, and the traditional neighbourhood of La Condamine.

Built in 1983, these three buildings gave the name ‘Carré d'Or’ to this luxurious neighbourhood surrounding the Casino Gardens, offering superb views of these green oases in the heart of the city. Its apartments are perfectly designed, all opening onto pleasant loggias with spacious, generously sized rooms.

Just a few metres from the residence, you will find many prestigious venues such as the Monte-Carlo Casino, the Hôtel de Paris, the One Monte-Carlo, home to chef Marcel Ravin's delicious Mada One restaurant, and Cédric Grolet's gourmet address. There are also many Michelin-starred restaurants, such as those of Alain Ducasse, Robuchon and Yannick Alleno, which are just a few steps away. You will also find the Hôtel Métropole and its prestigious shopping centre, which houses many luxury brands, jewellers and magnificent art galleries.

The building also has a shopping centre called ‘Les Allées Lumières’, which houses luxury clothing boutiques, brasseries and cafés. In this arcade, we also have a space for sale that would be ideal for setting up an art gallery. Recently renovated, this space is ideally located, close to all amenities. The perfect place to enjoy yourself while staying in your neighbourhood.

Furthermore, this residence is not the only one in the world to enjoy such prestige. The first Park Palace, built in the Belle Epoque style, was completed in 1915 under the direction of architect Edouard-Jean Niermans, who also designed the famous Negresco in Nice in 1912 and the extension of the Rotonde at the Hôtel de Paris.

Today, our estate agency Monte-Carlo Sotheby’s International Realty is delighted to present a real estate gem in the heart of the Principality.