La Rousse is located in the northeastern part of the Principality of Monaco, from Place des Moulins to the Monte Carlo Country Club, north of the beaches in the Larvotto district. This is the second most popular area among foreign property buyers. The new Tour Odeon skyscraper, the tallest building in the Principality, adds to the attractiveness of the area. Prices in Tour Odeon are around €60 000 - €80 000. There are several popular high class residences in the area, such as Château Périgord €45 000 - €65 000 , Annociade, Villas del Sole, le Continental, Floretstan, Château d'Azur, Monte-Carlo Sun, Parc Saint Roman with the largest private pool of all residences, the price per meter ranging from €35 000 to €50 000 per sq.m. Along the famous Italian Boulevard, you can also find houses of the 50s in bourgeois style from € 28 thousand.
The construction of a new residential and business complex Testimonio II, where there will be a new international school, kindergarten, hospital and parking for 1100 cars, will certainly attract new additional buyers in the near future and will noticeably revive the property market in the area.