Monaco Real Estate Guides

You are interested in Monaco’s new real estate developments, from Mareterra to Bay House. This guide finally gives you the key figures you have been looking for: recent developments averaged €65,602 per square metre in 2025 according to IMSEE, with prices reaching as high as €120,000 for Mareterra villas. You will find an overview of each major development, including Testimonio II, Bay House, and the One Monte Carlo Extension, as well as the challenges involved in developing real estate in a territory as geographically constrained as Monaco. You will also discover the true scarcity of new-build supply: 101 units were sold in 2024, compared with 28 in 2023, out of approximately 490 to 500 annual transactions across all property categories. For a complete overview of the market, our dedicated Monaco real estate guide explores each segment in detail.

You are considering investing in real estate in Monaco and want a realistic view of the market. This guide gives you the key figures: around 493 transactions per year according to IMSEE, and a rental yield of 2 to 3.5%, modest but supported by an almost zero vacancy rate. You will discover the strategies that work: off-market properties, two to four-room apartments, penthouses, the renovation of historic properties, and geographical diversification within the Principality. You will also find actual budgets by property type, from two-room apartments costing several million euros to villas exceeding €15 million, as well as the mistakes to avoid, particularly underestimating the overall budget. For a detailed breakdown of prices by district, our dedicated guide explores each area of the Principality.

Want to understand real estate law in Monaco before buying? The key point to remember is that most properties fall under the free sector, with no particular restrictions. However, some older buildings constructed before 1947 remain subject to Laws 887 or 1235/1291, which impose rent controls and give the State a right of pre-emption. This guide provides the complete process, from the initial contact with the notary through to signing, the exact costs involved (around 6.25% of the purchase price), and, most importantly, how to check before signing an offer whether the property you are considering is subject to this special legal status. You will also find an overview of condominium rules and the implications of purchasing property through a foreign company.

You are interested in Moneghetti, Monaco’s quietest residential district, perched on the heights near the border with Beausoleil. Prices range from €1.3 million for a studio apartment to more than €9 million for a penthouse, with properties generally offering more space than those in the city centre. This guide takes you through the best viewpoints overlooking the port and the Rock, the nearby Exotic Garden, and a neighbourhood lifestyle centred around schools, local shops, and green spaces. You will also find a useful comparison between Moneghetti and the neighbouring Jardin Exotique district, two areas often considered by buyers seeking peace and tranquillity. To explore the other districts of the Principality, our dedicated guides provide detailed insights into each one.

You are interested in La Rousse Saint-Roman, the eastern district of Monaco, bordering Roquebrune-Cap-Martin. Here, you will find iconic buildings such as the Tour Odéon, alongside more discreet residences such as Annonciade and Roc Fleuri. This guide provides prices by property type, from two-room apartments at around €2 million to exceptional residences exceeding €100,000 per square metre, as well as a rental yield in line with the Monaco average of 2 to 3.5%. You will also discover how to choose a building based on your lifestyle, whether you are looking for absolute modernity, family-friendly tranquillity, or discretion, as well as what everyday life is like in the neighbourhood, between Larvotto Beach and Boulevard d’Italie. To compare it with the other districts of the Principality, our dedicated guides provide detailed insights into each one.