Villa Ariane, Monaco : New Residence on Boulevard d'Italie

Villa Ariane Monaco-1

Summary of the article in brief :

You look at Villa Ariane, the new residence at 16 boulevard d'Italie, between Place des Moulins and the Larvotto beaches. This 12-floor building replaces an older one, with mostly 1- and 2-bedroom apartments, terraces for some units, a concierge and a bioclimatic design.

A recent listing offers a 2-bedroom of 142 m² with a 39 m² terrace at €8,688,000, or about €61,200 per m² of living space. As a new property, the purchase carries reduced duties and notary fees, with payments tied to the progress of the works.

You also find the location, the services, a comparison with nearby residences and a checklist for buying off-plan in Monaco.

Villa Ariane at a glance

Villa Ariane is a new residential building at 16 boulevard d'Italie, in the La Rousse-Saint Roman district, on the edge of the Carré d'Or. The project replaces an older building through a demolition and reconstruction, and brings to the area a boutique residence with modern standards of comfort and energy performance.

FeatureVilla Ariane
Address16, boulevard d'Italie, 98000 Monaco
DistrictLa Rousse-Saint Roman, close to Place des Moulins and Larvotto
Type of projectDemolition and reconstruction, high-standing new building
Floors12
ApartmentsMostly 1-bedroom and 2-bedroom units, some with balconies or terraces
CompletionAnnounced for the end of 2025
ServicesConcierge; no swimming pool and no spa
DesignAcoustic and thermal insulation, sustainable materials, bioclimatic design

The Monaco government publishes a BD2M file for Villa Ariane on its energy transition website. BD2M, for Bâtiments Durables Méditerranéens de Monaco, is the framework for sustainable buildings in the Principality.

Apartments and prices at Villa Ariane

The residence focuses on 1- and 2-bedroom apartments with generous layouts, high-end finishes and, for some units, a terrace or a private lift. Listings describe views over the city and its surroundings; none of them presents a sea view as a standard feature.

Apartments for sale

A listing from an agency of the Principality gives a precise example of the residence:

  • Floor: 5th, with a city view
  • Surface: 141.96 m² of living space and a 39.04 m² terrace, 181 m² in total
  • Layout: living and dining room, fitted kitchen with laundry area, 2 bedrooms, each with a bathroom, a dressing room in the main suite, storage and a guest toilet
  • Equipment: home automation for lighting, concierge service
  • Price: €8,688,000
ReferencePrice per m²
Villa Ariane, 5th floor, on living space (141.96 m²)about €61,200
Villa Ariane, 5th floor, terrace included (181 m²)about €48,000
La Rousse average (2025, IMSEE)€51,265
Larvotto average (2025, IMSEE)€71,167
Monaco average (2025, IMSEE)€57,569

The prices per m² of the listing come from our own calculation. They place Villa Ariane above the La Rousse average on living space, in line with a new building, and below the Larvotto level.

The terrace changes the reading of the price. On the 181 m² in total, the apartment comes to about €48,000 per m², below the La Rousse average, while the same price on the living space alone reaches about €61,200. Both figures are useful: the first measures the whole surface you enjoy, the second compares the apartment with other homes on a like-for-like basis. A new building also brings recent systems, insulation and equipment that reduce the works to plan after the purchase.

Apartments for rent

On the rental side, an apartment of 174 m² with 2 bedrooms, 2 bathrooms and a private lift appears in the rental listings of the residence at €18,000 per month. Rentals in new buildings attract tenants who want modern comfort without the price of the beachfront residences. The rent of this apartment amounts to about €103 per m² per month, a level to compare with the other new residences of the east side before you decide.

Browse our selection of new apartments in Monaco and our apartments for sale in Monaco to compare.

Buying new at Villa Ariane : costs and payment schedule

Buying a new property in Monaco follows a lighter cost structure than a resale. According to the indicative rates published by Petrini, a new property never occupied carries a registration duty of 1% and notary fees of about 1.5%, or 2.5% in total, against about 6.25% on a resale.

CostNew property (Villa Ariane)Resale
Registration duty1%4.75%
Notary feesAbout 1.5%About 1.5% plus fixed costs
Total excluding agency feesAbout 2.5%About 6.25%
Example on €8,688,000About €217,200About €543,000

The listing also mentions flexible payment plans tied to the progress of the works. Rates change over time, so confirm them with a notary in Monaco before you commit. Our guide to buying an apartment in Monaco describes each step of a purchase.

Villa Ariane Monaco-2

Location : between Place des Moulins and Larvotto

Villa Ariane stands on a quiet section of boulevard d'Italie, a central position on the eastern side of Monaco.

  • Larvotto beaches and avenue Princesse Grace: a few minutes on foot
  • Carré d'Or and Casino: about 10 minutes on foot
  • Place des Moulins: close by, with shops, cafés and bus stops
  • Daily services: supermarkets, pharmacies, schools and public transport in the area

Discover the atmosphere of the surrounding districts in our guides to La Rousse-Saint Roman and Larvotto.

Villa Ariane compared with nearby residences

Boulevard d'Italie concentrates several residences of different generations. The table places Villa Ariane among its neighbours.

ResidenceAddressDeliverySize of the projectWellness services
Villa Ariane16, boulevard d'ItalieCompletion announced for the end of 202512 floors, mostly 1- and 2-bedroom apartmentsNo pool, no spa
Bay House14, boulevard d'Italie202456 apartments and 5 villas, 3 to 6 bedrooms500 m² spa, fitness
Monte Carlo Sun74, boulevard d'Italie1980sAbout 450 apartmentsSwimming pool and gardens

Villa Ariane targets buyers who want a new apartment of moderate size close to the beach, while Bay House addresses large family apartments with a spa, and Monte Carlo Sun offers established apartments with a pool. The renewal of buildings along boulevard d'Italie forms part of the wider real estate development of Monaco.

Checklist for buying off-plan at Villa Ariane

Buying in a new building calls for checks that differ from a resale.

Point to checkQuestion to ask
Delivery dateWhat is the contractual delivery date, and which penalties apply in case of delay?
Payment scheduleWhich share of the price do you pay at each stage of the works?
GuaranteesWhich completion and defect guarantees protect the buyer?
SpecificationsWhich finishes, home automation and equipment does the contract include?
Parking and cellarAre a parking space and a cellar included, or sold separately?
Service chargesWhat estimate of annual charges does the developer give for the first year?
HandoverHow does the inspection at delivery work, and how long do you have to report defects?

At Balkin, our team follows the new developments of the Principality and supports buyers from the first visit to the handover. Arrange a private consultation to discuss the apartments available at Villa Ariane and in the other new buildings of Monaco.

Villa Ariane stands at 16 boulevard d'Italie, in the La Rousse-Saint Roman district, on the edge of the Carré d'Or and close to Place des Moulins. The Larvotto beaches and avenue Princesse Grace are a few minutes away on foot, the Casino about 10 minutes, and shops, schools, pharmacies and bus stops sit in the area.

Yes. Villa Ariane results from a demolition and reconstruction project, with 12 floors, acoustic and thermal insulation, sustainable materials and a bioclimatic design. The Monaco government publishes a BD2M file for the building, the framework for sustainable buildings in the Principality. Its completion was announced for the end of 2025.

A 2-bedroom apartment of 141.96 m² with a 39.04 m² terrace on the 5th floor is listed at €8,688,000, or about €61,200 per m² of living space and about €48,000 per m² with the terrace. The listing mentions home automation, a concierge service and flexible payments tied to the progress of the works. The price of other units depends on the floor, the surface and the terrace.

No. The residence offers a concierge service but no swimming pool and no spa. Residents enjoy the Larvotto beaches a few minutes away on foot. If a pool and a spa matter to you, compare with Bay House, which offers a 500 m² spa, or with Monte Carlo Sun, which offers a pool and gardens.

A new property carries a registration duty of 1% and notary fees of about 1.5%, or about 2.5% of the price, against about 6.25% for a resale, according to Petrini. On €8,688,000, this represents about €217,200, against about €543,000 on a resale. Agency fees come in addition, and the rates change over time, so confirm them with a notary.

Its completion was announced for the end of 2025. Ask the agency or the developer for the contractual delivery date, the penalties in case of delay and the state of the works. If the building is already delivered when you read this page, ask for the handover report and the guarantees that apply.

Yes. An apartment of 174 m² with 2 bedrooms, 2 bathrooms and a private lift appears in the rental listings at €18,000 per month. Rentals in new buildings attract tenants who want modern comfort close to the beach. Confirm the charges, the furnished inventory and the parking before you sign.

Villa Ariane targets buyers who want a new apartment of moderate size close to the beach. Bay House (14 boulevard d'Italie, 2024) offers 56 apartments and 5 villas of 3 to 6 bedrooms with a 500 m² spa. Monte Carlo Sun (74 boulevard d'Italie, 1980s) offers about 450 established apartments with a pool and gardens.

Check the contractual delivery date and the penalties, the payment schedule tied to the works, the completion and defect guarantees, the specifications of finishes and equipment, the inclusion of parking and cellar, the estimate of annual charges and the procedure of the handover inspection. Have the contract reviewed by a notary before you commit.

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