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La Condamine, Monaco πŸ‡²πŸ‡¨

#2124 ,
Nomad Score: 61%

Essentials

πŸ™οΈ City La Condamine is a district of Monaco, known for its vibrant markets and proximity to the harbor.
πŸ‘₯ Population Approx. 15,000
πŸ’» Internet Speed Approx. 100 Mbps
πŸ’Έ Currency & Banking 1 EUR β‰ˆ 1.07 USD, credit cards widely accepted.
🚰 Tap Water Drinkable
πŸ”Œ Power 230V, 50Hz, πŸ”Œ Type C/E sockets
πŸ“Ά SIM Card Orange, Monaco Telecom
πŸ’³ Banking for Expats Available services include SociΓ©tΓ© GΓ©nΓ©rale, BNP Paribas.
πŸ›Œ Accommodation Airbnb and extended-stay hotels are popular options.
πŸ’³ Cashless Friendly Yes, cards accepted widely
🏠 Short Term Rentals Airbnb options available from €100 per night.
πŸ›οΈ Budget Accommodation Hostel options are limited, with average prices around €50 per night.
πŸ™οΈ Best Area to Stay for Tourists Stay near the harbor or the Palais Princier for easy access.
πŸ™οΈ Best Area to Stay for Digital Nomads Central La Condamine offers good amenities and connectivity.

Working and Networking

🏒 Best Coworking Space Monaco Coworking at 2 Boulevard de la République
β˜• Best Cafe for Work Cafe de Paris Monte-Carlo is a popular work-friendly spot.
πŸ’Ό Networking Events Various tech meetups hosted in Monaco, check local listings.
πŸ₯‚ Social Events for Expats Join Monaco Expats on Facebook for community events.

Transportation

πŸš• Best Taxi/Ride App Uber is available in Monaco.
🚲 Bike/Scooter Rental Monaco Bike offers rentals throughout the city.
πŸ–οΈ Best Beach Nearby Larvotto Beach, about 15 minutes away on foot.
✈️ Top Regional Airline Monaco-Monte Carlo Helicopter provides quick transfers.
✈️ Top International Airline Nice Côte d'Azur Airport is the nearest major airport.
πŸ›£οΈ Highway Access A8 Highway provides access to Nice and beyond.
πŸš‰ Main Train/Transit Hub Monaco-Monte Carlo Station is the primary transit hub.
🚍 Public Transport Passes Monthly bus pass costs around €40.
✈️ Regional Travel Bus service connects to nearby cities like Nice and Menton.

Health and Wellness

πŸ₯ Best Hospital Princess Grace Hospital Centre is the main healthcare facility.
🧘 Yoga & Wellness Centers Les Thermes Marins Monte-Carlo offers wellness services.
πŸ‹οΈ Gyms & Fitness Centers Fitness First located in Fontvieille is popular.
🧺 Laundry Services La Lavanderie provides laundry services in La Condamine.

Food and Drink

πŸ“± Best Food Delivery App UberEats and Deliveroo operate in the area.
🍽️ Best Local Dish to Try Socca, a local chickpea pancake.
🍱 Vegan/Vegetarian Options Stars'N'Bars offers various plant-based options.
🍫 Best Dessert Spots Pastry shops like PÒtisserie de Monaco are highly recommended.
πŸ›’ Affordable Shopping Spots La Condamine Market offers fresh produce and local goods.
πŸ›’ E-commerce/Online Store Amazon and local e-store options are available.
πŸ›’ Grocery Delivery Monaco’s Carrefour offers delivery services.
🍸 Bar/Nightlife Area Monte Carlo offers a vibrant nightlife spread across several districts.
🍻 Local Brewery Monaco does not have its own brewery but offers a variety of imported beers.
🍷 Wine Bars Le Bar d'Eau is a popular wine bar in the area.
🍲 Street Food Stalls Les Halles de la Condamine is a great place for street food.
πŸ• Popular International Cuisine Various options including Italian and Asian restaurants.

Culture and Attractions

🎟️ Must-See Landmarks Palais Princier and the Monte Carlo Casino.
πŸ›οΈ Museums & Art Venues Nouveau MusΓ©e National de Monaco features contemporary art.
🏰 Historical Sites St. Nicholas Cathedral is the historical heart of Monaco.
πŸ• Religious Sites Monaco Cathedral is a notable site.
πŸŽ‰ Annual Events Monaco Grand Prix held every May attracts global visitors.
🎨 Cultural Districts La Condamine hosts several local markets and events.
🎭 Theater Venues The Monte Carlo Opera hosts numerous performances.
πŸ›οΈ Local Markets La Condamine Market operates daily with fresh produce and local goods.
🎼 Music Scene Various live music events hosted at the Monte Carlo Jazz Club.
🎨 Street Art Limited, but some murals can be found throughout the city.
πŸ§‘β€πŸ³ Cooking Classes Culinary classes available at the Fairmont Monte Carlo.
πŸ‘©β€πŸŽ¨ Art Galleries Galerie des Beaux-Arts displays various local artists.
πŸ•°οΈ Historic Buildings The Oceanographic Museum is a stunning historic site.
🏴 Local Heritage Monaco's royal family and history shape its rich culture.

Nature and Outdoor Activities

πŸŒ… Nearby Nature Escapes Mont Agel offers hiking and scenic views.
🏞️ National Parks Nearby Parc National des Γ‰crins is a drive away.
🚲 Cycling/Walking Paths Paths along the coast leading to Cap d'Ail.
πŸŒ„ Scenic Viewpoints Villa Paloma offers stunning views of Monaco.
πŸ¦‰ Birdwatching Locations Marine State Park offers opportunities for aquatic birdwatching.
πŸ”₯ Bonfire-Friendly Spots Designated picnic areas in Mont Boron.

Other Services and Amenities

πŸ“¦ Parcel Delivery Service DHL and UPS services available across Monaco.
πŸ› οΈ Tech Repair Services Various shops along Avenue Princess Grace offer technology repairs.
πŸ“ Table Tennis Spots Outdoor tables available near the port.
πŸ§‘β€πŸ« Language Classes Alliance FranΓ§aise offers French classes for expats.
πŸ“š Libraries & Study Spots BibliothΓ¨que Louis Notari provides study areas.
🏘️ Community Centers Centre Culturel is a hub for community events.
πŸ•ΉοΈ Gaming Lounges Limited options; most gaming occurs at home or cafes.
🎰 Casino & Gaming Halls Casino de Monte-Carlo is one of the world’s most famous casinos.

Business

🏒 Studio Purchase Price (City Center) Approx. €5,000 per mΒ² (e.g., 40 mΒ² = €200,000)
🏒 Studio Purchase Price (Outside City) Approx. €4,000 per mΒ² (e.g., 40 mΒ² = €160,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. €4,800 per mΒ² (e.g., 60 mΒ² = €288,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. €3,600 per mΒ² (e.g., 60 mΒ² = €216,000)
🏑 2-Bedroom Purchase Price (City Center) Approx. €4,200 per mΒ² (e.g., 80 mΒ² = €336,000)
🏑 2-Bedroom Purchase Price (Outside City) Approx. €3,200 per mΒ² (e.g., 80 mΒ² = €256,000)
πŸ’Ό Corporate Tax 0%
πŸ’΅ Dividend Withholding Tax 0%
🏦 Tax System No personal income tax; favorable for expats.
πŸ“ˆ Highest Income Tax Bracket 0%
🧾 VAT 20% standard rate.
🌐 Controlled Foreign Company (CFC) Rules Yes, strict rules apply.
🏠 Property Tax No local property tax.
🏠 Property Transaction Tax 7.5% for property purchases.
πŸ’» Attractive Tax System for Digital Nomads 0% tax on global income attracts many digital nomads.

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