The rental market in Monaco shows strong demand for high-end apartments and serviced residences. Short-term rentals remain limited, while properties with sea views or proximity to business centers see sustained activity. Prices remain stable due to the scarcity of properties and the principality’s international appeal.

Focus on local specialized agencies and direct contacts with owners. Using international networks provides access to exclusive off-market properties. Clearly defining your criteria (size, neighborhood, services) and acting quickly during viewings increases your chances of securing your desired property.

The main challenges involve limited property availability, high competition, and elevated prices. Some contracts may include strict clauses and additional charges, which must be reviewed carefully. A thorough understanding of local rules and professional support minimizes these risks.

Rents vary depending on neighborhood, property size, and luxury level. On average:

• Standard apartments: €6,000 – €15,000 / month
• Luxury apartments: €15,000 – €50,000 / month
• Houses or villas: €10,000 – €30,000 / month

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Renting does not automatically grant Monaco residency. However, it can be a favorable factor in your application, especially if the lease is long and the property is declared according to local requirements. Professional assistance ensures compliance with all administrative conditions.

With Balkin, you can explore a variety of properties to suit different lifestyles and needs :

• Penthouses for Sale in Monaco
• Penthouses for Rent in Monaco
• 2 Bedroom Apartment For Rent in Monaco
• 1 Bedroom Apartment For Rent in Monaco