Apartments for Sale in Le 21 Princesse Grace, Monaco

Le 21 Princesse Grace is a luxury waterfront residence at 21 Avenue Princesse Grace, 98000 Monaco, positioned directly opposite Larvotto Beach within Monaco’s Larvotto district. Completed around 1993, the building rises across only four floors and forms one of the lower-density residential developments along Monaco’s eastern coastline, something relatively uncommon in a market dominated by taller residential towers.

Its frontline coastal position gives many apartments uninterrupted Mediterranean views and immediate access to the Larvotto promenade and beach. Compared with Monaco’s larger seafront developments, Le 21 Princesse Grace maintains a far more contained and private residential atmosphere, with only a limited number of apartments distributed throughout the building.

Architecturally, the residence reflects the understated luxury style associated with several of Monaco’s premium 1990s waterfront developments, combining broad terraces, generous glazing and strong indoor-outdoor living arrangements rather than highly expressive tower architecture. The lower-rise scale also helps preserve a quieter and more residential feel along this section of Avenue Princesse Grace.

Apartments within the building are generally large in proportion, with layouts focused around expansive reception areas, sea-facing terraces and strong natural light. Many residences include wide frontage overlooking the Mediterranean, creating unusually direct coastal visibility for Monaco. Interior specifications vary depending on renovation history, although several apartments have been modernised with contemporary kitchens, upgraded bathrooms, integrated climate systems and higher-specification finishes.

The residence includes a 24-hour concierge service, private outdoor swimming pool, wellness facilities including spa, sauna and hammam areas, landscaped gardens, secure underground parking and controlled security infrastructure. Compared with many surrounding buildings, Le 21 Princesse Grace offers a more comprehensive residential leisure environment while still maintaining a relatively intimate scale.

One of the building’s strongest advantages is its direct relationship with Monaco’s coastal lifestyle. Residents are within immediate walking distance of Larvotto Beach, beach restaurants, seafront cafés, fitness facilities, the Grimaldi Forum and Sporting Monte-Carlo. Mareterra and Monaco’s eastern waterfront developments are also positioned nearby.

Compared with the Carré d’Or and Port Hercule districts, Larvotto maintains a calmer and more residential atmosphere centred around sea proximity and day-to-day coastal living rather than Monaco’s commercial intensity. The district combines residential buildings, waterfront venues, schools and leisure infrastructure within a more relaxed environment than Monaco’s busiest central areas.

Road access towards Roquebrune-Cap-Martin, Cap Martin and Nice Airport is particularly convenient from this eastern side of the principality, while Monaco’s pedestrian infrastructure and public transport connections allow relatively efficient movement towards Monte-Carlo and Casino Square.

Le 21 Princesse Grace tends to attract international buyers and long-term residents looking for direct beachfront positioning, privacy and integrated amenities within Monaco. Its appeal comes from low-density waterfront living, panoramic sea views and immediate beach access combined with Larvotto’s quieter residential atmosphere rather than large-scale tower living or ultra-commercial surroundings.