Property prices La Rousse / Saint Roman Monaco
The district of La Rousse is a residential area. The proportion of land used for residential purposes is 87 percent. La Rousse, like Les Moneghetti with 89 percent, is thus one of those urban districts that can actually be described as a residential area. In Fontvieille, for example, the proportion of inhabited area is 40 percent.
In addition to this fact, it should also be noted that La Rousse has been one of the districts with the most real estate transactions in recent years. In 2016, for example, 27 percent of sales came from La Rousse, even though the share of residential properties in the urban district is only 17 percent. The square metre prices of La Rousse are considered comparatively moderate for Monaco, averaging a good 30,000 euros (2016).
The property highlight in La Rousse is the penthouse in Tour Odéon, which extends over five floors with 3,500 square metres. This penthouse is considered to be the most expensive in the world. The price per square metre was quoted as a good 90,000 euros even before the completion of the twin tower.