PRESTIGE DESTINATION GUIDE: MONACO

BARNES GLOBAL PROPERTY HANDBOOK 2025

Monaco, a true haven of luxury and security on the Mediterranean, enchants with its exceptional lifestyle, tax attractiveness, and economic dynamism. With a small area but a high density of premium services, the Principality attracts an international clientele seeking exclusivity. Its emblematic districts, such as Monte-Carlo and the Carré d’Or, host prestigious establishments and highly sought-after properties, ranging from investor studios to vast luxury residences. Its real estate market, considered a safe haven, shows stable growth, reinforced by innovative projects such as the eco-district of Anse du Portier.

The most sought-after neighborhoods in Monaco

The entire Principality stands out for its dynamic real estate market and the rarity of available properties, which contribute to its prestige. Among the most sought-after sectors, Monte-Carlo remains a reference with the legendary Carré d’Or, renowned for its luxury establishments and privileged access to the Casino. Larvotto is highly attractive thanks to its seafront location and seaside atmosphere. The waterfront has been entirely redesigned by architect Renzo Piano. Finally, the Carré d’Or of Monaco distinguishes itself with its very central position and its many luxury establishments and infrastructures.
 

The most sought-after properties in Monaco

Small studio and one-bedroom apartments remain highly popular with investors. Two- and three-bedroom properties are increasingly sought after by a younger clientele wishing to settle permanently. Newly completed and splendid developments in Monaco enjoy an ever-growing reputation for luxury. For some of them, several transactions per apartment have already taken place within a few years of their completion. Similar to Paris and London, a new eco-district by the sea now offers both apartments and villas. However, minimum saleable surfaces of 400 m² have no trouble finding buyers.
 

Buyers’ expectations in Monaco

Settling in Monaco for its location and security is an obvious choice. Its tax attractiveness makes it a prime destination for a demanding high-level clientele. The quality of life is unmatched, and the real estate market is at its peak. The launch of the Anse du Portier eco-district project reinforces Monaco’s position as one of the most modern, attractive, and secure territories in Europe, if not the world. This destination, with its prestige and dynamism, continues to attract an international clientele seeking an exceptional lifestyle on the shores of the Mediterranean.

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Client profile in Monaco

It is estimated that 140 nationalities are represented in the Principality. Clients mainly come from Europe: the community is led by Italians, followed by the French and the British. Middle Eastern and Asian buyers are becoming increasingly prominent, many of whom are also active on the French Riviera. In general, buyers are either residents looking to acquire an additional property, or investors wishing to own a pied-à-terre in Monaco or a villa near Monaco-Cap-Ferrat.
 

Opportunities and outlook in Monaco

Monaco is a unique city where real estate represents a recognized safe haven thanks to its stability and dynamism. The market has evolved steadily and consistently over the years, despite its extremely small surface area of 38.1 km² in a context of strong demand. As a result, recent developments are moving toward raising standards to meet the expectations of a high-end clientele. In the coming years, Monaco’s real estate supply will continue to densify, particularly with the development of ultra-modern eco-districts.

What is the price per m² in Monaco in 2025?

In Monaco, luxury real estate prices showed contrasting trends in 2024 depending on the districts. High-end properties start at €40,000/m² in Jardin Exotique and reach €65,000/m² in Larvotto, while exceptional residences can exceed €90,000/m² in Monte-Carlo and in new developments. Certain areas such as La Condamine (+20%) and Moneghetti (+15%) have experienced strong growth, confirming the growing appeal of these sectors. Despite a slight decline in Monte-Carlo (-5%), the market remains stable and buoyant, supported by sustained international demand.

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per sqm in Monaco

Contactez Carine Cianfarani, Directrice Développement Marque / Licence.
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