Apartments for Sale in Les Olivettes, Monaco

Les Olivettes is a bourgeois residential building at 2 Rue des Géraniums, La Condamine, 98000 Monaco, positioned on the western side of central Monaco close to the border between La Condamine and Monte-Carlo. The building sits above Port Hercules within one of the Principality’s most established residential districts, combining direct access to Monaco’s commercial centre with a more local neighbourhood atmosphere than the Carré d’Or.

Constructed during the early 20th century, generally associated with the 1910 to 1920 period, Les Olivettes reflects the traditional residential architecture that developed across Monaco before the later expansion of larger post-war and high-rise buildings. The residence rises across approximately six or seven floors and maintains a more modest scale than many modern Monaco developments, contributing to a quieter and more residential character internally.

Architecturally, the building follows the bourgeois style commonly associated with older Monaco residences, with balanced façades, taller windows and apartment layouts designed around natural light and room proportions rather than maximum density. Compared with many contemporary developments, Les Olivettes retains a more traditional residential identity connected to the earlier urban fabric of La Condamine.

The location is one of the building’s strongest characteristics. Rue des Géraniums sits within walking distance of Port Hercules and the Condamine Market at Place d’Armes, one of Monaco’s oldest and most active daily markets. The surrounding streets contain cafés, bakeries, restaurants, supermarkets and independent local businesses used regularly by residents throughout the year, giving the district a more lived-in atmosphere than some of the more internationally focused areas of Monte-Carlo.

From Les Olivettes, residents can access Casino Square, One Monte-Carlo, the Hôtel de Paris, the Métropole Shopping Monte-Carlo and Boulevard des Moulins relatively easily using Monaco’s pedestrian routes, lifts and escalators. Monaco train station is also nearby, providing practical connections towards France and the wider Riviera.

Apartments within the building are generally associated with higher ceilings, larger windows and more traditional room proportions typical of early 20th-century construction. Many units have been renovated internally over time, incorporating modern kitchens, updated bathrooms and contemporary technical systems while preserving aspects of the original architectural character. Depending on floor level and orientation, some apartments may benefit from views across La Condamine, Port Hercules or the surrounding Monaco rooftops.

Unlike many of Monaco’s larger modern complexes, Les Olivettes maintains a smaller residential scale with a more intimate internal environment. The building appeals primarily to buyers and tenants seeking a traditional Monaco residential atmosphere combined with practical centrality and direct access to everyday local services.

La Condamine itself remains one of the Principality’s most active residential districts, combining maritime activity around the port with residential streets, schools, offices and local commerce. This gives Les Olivettes a noticeably different atmosphere from the Carré d’Or or Larvotto, while still keeping the centre of Monte-Carlo within easy reach.