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14 avenue de la Costa, 98000 Monaco
Residence HERACLES
Address 17, Bd Albert 1er 98000 Monaco
Neighborhood Port
Year of construction 1953
Floors 14
Elevator Yes
Concierge Yes
Guardian Yes
Located in the La Condamine district, Palais Héraclès is an upscale building offering direct views over Port Hercule, the Mediterranean Sea and the Monaco Grand Prix circuit.
A Historic Building in the Heart of La Condamine
Built in 1953 at 17 Boulevard Albert 1er, Palais Héraclès is one of the Principality's most iconic residential buildings. Rising 14 storeys to a height of 45 metres, it stands as a strong visual landmark on Monaco's waterfront, at the junction between the port area and La Condamine. Its 1950s modernist architecture, characterised by large bay windows, clean lines and generous terraces, reflects a design philosophy centred on light and views, two elements that remain the residence's primary strengths today. Over the decades, Palais Héraclès has maintained its status as a reference address on the port, attracting both an international residential clientele and office occupants.
A Unique Position on the Grand Prix Circuit
What fundamentally sets Palais Héraclès apart from other Monegasque residences is its location directly alongside the start and finish line of the Monaco Grand Prix. Situated on Boulevard Albert 1er, one of the most iconic sections of the Formula 1 circuit, the building offers its residents a front-row view of the race from their apartments and terraces, a rare privilege that very few properties in the world can offer. Outside of Grand Prix season, this location remains a prime spot, just steps away from restaurants, shops and the Place d'Armes, one of Monaco's most lively market squares. La Condamine is also one of the most vibrant and well-connected districts in the Principality, with direct walking access to the train station, the port and the main transport routes.
Residential Services in Line with the Principality's Standards
Palais Héraclès offers a round-the-clock concierge service complemented by a video surveillance system, ensuring the security and peace of mind of residents throughout the year. Private parking is also available, a meaningful advantage in an area as central and dense as Monaco's port. The residence does not, however, offer integrated leisure facilities such as a pool or a fitness room, which places it in the category of a traditional upscale building focused on the quality of its location and the comfort of its apartments rather than a hotel-style service offering.
Bright Apartments with Terraces Overlooking the Port
The apartments at Palais Héraclès stand out for their exceptional brightness, made possible by the large bay windows that are a defining feature of the building's architecture. Available configurations range from one-bedroom units to large multi-room family apartments, most of which benefit from private terraces with direct views over Port Hercule, the Mediterranean Sea and Monaco Ville. Many apartments have undergone interior renovations, incorporating contemporary finishes while preserving the original volumes and exposure. For residents and investors alike, Palais Héraclès represents a rare address that combines history, a prime location and a high quality of everyday life.
Our selection of properties in this residence