News on the real estate
market in Monaco

Monaco, the profiles of new residents who are moving in

Monaco is much more than a symbol of prestige. The Monegasque real estate market is constantly evolving, with rental apartments becoming increasingly rare and those for sale becoming more and more luxurious. In 2025, the Principality confirms its position as one of the most popular destinations for international high net worth individuals (Ultra High Net Worth Individuals).

New Real Estate Projects in Monaco by 2030

Monaco, with just 2.08 km² of land, continually reinvents itself in terms of urban planning. As we recently saw with the delivery of the offshore extension Mareterra, bold works regularly appear, reflecting a Monegasque real estate market in constant effervescence.

Analysis of the Monegasque real estate market: first quarter 2025

While 2024 was a historic year for real estate in Monaco with nearly €5.9 billion in transactions according to the 2024 Real Estate Observatory published by IMSEE, the beginning of 2025 seems to confirm this exceptional dynamic. At the heart of this unprecedented phenomenon, the emblematic Mareterra project, launched ten years earlier, symbolizes this spectacular rise in power.

Review: The real estate market in Monaco in 2024

Monaco's real estate market in 2024 continues to show contrasting dynamics, oscillating between an increase in sales (+12%) and a decline in resales (-5.9%). The total amount of real estate transactions reached an all-time high of €5.9 billion, an increase of +80% in one year. This growth is largely driven by sales of new developments, which reached 101 transactions, with a median price exceeding 22 million euros. The delivery of the Mareterra project, which added 130 new homes in the Larvotto district.

Expectations from the Monaco Housing Market in 2025

Monaco's real estate market, one of the most exclusive and sought-after in the world, is poised to evolve in 2025 amid a complex economic and geopolitical landscape. As cities like Dubai and Singapore increasingly attract international investors, Monaco must continue to assert its unique characteristics and strengths to maintain its leading position. Between innovative new projects like the Mareterra extension, growing demographic pressure, and the quest for sustainability, the Principality will need to adapt to new expectations from buyers and investors while preserving its unique character.

Property Traders in Monaco New Law

On Thursday, June 27, 2024, the national councilors voted on a law regulating property traders. Until now, these resellers were not subject to any specific regulations in the Principality. The law provides a definition of property traders' activities and the rules they must follow. How will this new law affect the price per square meter in Monaco in the future, and what will be the consequences?

Switzerland vs Monaco: Why Wealthy Swiss are Moving to the Principality

This article, born from the observation of our Monaco real estate agency Petrini Exclusive Real Estate Monaco, notes a change in its clientele—particularly the increasing arrival of Swiss families being assisted in purchasing their future apartment in the Principality. We propose to analyze why more and more Swiss millionaires are choosing Monaco.

What is Monaco known for? Explore its Famous Sights

There are places that captivate the imagination, and then there is Monaco. A sovereign state of just two square kilometers, yet known across the world as a beacon of elegance, prestige, and excellence. Nestled between the Mediterranean and the French Riviera, Monaco has cultivated an identity that is both timeless and forward-thinking, where history and innovation exist in perfect harmony.

Who is Charlene of Monaco?

Charlene of Monaco, born Charlene Lynette Wittstock, is a prominent figure on the European princely scene. We have already talked about Princes Monaco: history and dynasty of the Grimaldi, but did you know that before becoming Princess Consort of the Principality of Monaco, Charlene Wittstock was already recognized in the sports field, thanks to an accomplished swimming career? Her career, which began on January 25, 1978 in Bulawayo, in what is now Zimbabwe, is punctuated by key steps that gradually led her to meet Prince Albert II of Monaco, and then to their marriage in 2011. This biography retraces, from his birth to his princely marriage, the main lines of his youth, his immersion in the world of high-level swimming and the decisive moments that shaped his destiny before his official entry into the Monegasque princely family.

Inauguration of Mareterra Monaco 4 December 2024: a historic event

4 December 2024 will mark a historic turning point for Monaco with the inauguration of Mareterra Monaco, an event that has been awaited for years by Monegasques, residents and all enthusiasts of the Principality. The general public will have access to the spaces of this new district from the following day, Thursday, December 5, 2024. Like the Fontvieille district in the 1970s, Mareterra is a feat of engineering and vision, a district entirely reclaimed from the sea, which promises to transform the life of the Principality in a sustainable and ambitious way.

More than just a real estate project, Mareterra represents a new stage in the history of Monaco. It's not every day that a city like Monaco, so compact and intimately known to its inhabitants, "unblocks" a new district. It's like a new  chapter in a book that you already know by heart, or like in a game where a new area is revealed. We had already talked about Marlow, the first restaurant in the Mareterra district run by SBM which should delight residents and tourists, or penthouses in Mareterra. In this article, we will see the latest information before the inauguration of the new Mareterra Monaco district on December 4, 2024.

Princes Monaco: History and role of the Grimaldis

Few people know it, but the name Monaco comes from the Italian "monaco", meaning monk, in reference to François Grimaldi. This Genoese nobleman, disguised as a monk, stormed the castle of the Monegasque fortress in 1297 and thus founded the dynasty that would reign over the rock. Since this strategic takeover, the Grimaldi family has been able, despite the tumults of history, to preserve the sovereignty of Monaco, ensuring that this territory has had an independence that is unique in Europe for more than 700 years.

Purchase apartment Avenue des Citronniers Monaco : Invest in the Carré d'Or

The Avenue des Citronniers in Monaco is a small cobbled avenue located in the heart of the Carré d'Or, one of the most prestigious districts of the Principality. Although short, it is of strategic importance, connecting the Avenue de Grande-Bretagne with the Rue du Portier with its renowned restaurants such as Cipriani, La Piazza, and Zeffirino, as well as the Larvotto, famous for its beach and amenities. Just a 600-metre walk from the Place du Casino and in the immediate vicinity of the The Fairmont Hotel and the F1 circuit, this avenue is a must-see for anyone looking to immerse themselves in the Monegasque lifestyle.

Residency vs. Monegasque nationality: understanding the difference

This article offers you an in-depth explanation, in a pedagogical and refined style, in order to clarify these notions aspiring to settle in Monaco. (For the practical details of obtaining a resident card, we invite you to consult our dedicated article on how to become a Monegasque resident, which we will not detail again here.)

Is it possible to obtain the vehicle registration document in Monaco without being a resident?

Yes, there are special cases that allow certain non-residents to register their vehicle in Monaco, especially if they have a parking space or a property in the Principality (see our guide to buying real estate in Monaco). However, this procedure is not automatic: it requires a solid file, in accordance with the requirements of the Driver and Vehicle Licensing Service (proof of a concrete link with Monaco, insurance, supporting documents, etc.). Before taking any steps, it is strongly recommended that you contact the Monegasque administration or a professional (Monegasque lawyer, consulting firm) to check the feasibility and the exact conditions.

Monaco vs Luxembourg: A Comparative Overview

Choosing the perfect place to live or invest can be a challenging decision, particularly when two dynamic microstates like Monaco and Luxembourg come into focus. Both offer unique advantages—from Luxembourg’s robust financial hub and central European location to Monaco’s sun-kissed coastline and attractive personal tax framework. We had already compared Monaco with Dubai, but in this comparison with Luxembourg, we decided to stay in Europe. In this article, we take a closer look at how these two destinations measure up in terms of climate, taxation, security, real estate opportunities, and overall lifestyle.

Moving to Monaco from US: Requirements and Residency

With recent shifts in American leadership following the election of Donald J. Trump as the 47th President, many Americans find themselves reflecting on where and how they envision their future. For some, this reflection opens the door to possibilities abroad, with Monaco emerging as a unique and compelling choice. This small but glamorous principality along the Mediterranean coast presents an enticing mix of security, real estate exclusivity, and unparalleled quality of life.

Located on the French Riviera, Monaco enjoys a warm climate, beautiful coastlines, and a central position in Europe, making it an ideal base for global travelers. Known internationally yet offering a rare level of privacy and prestige, Monaco has a distinct appeal for Americans. This connection was notably strengthened when American actress Grace Kelly became Princess of Monaco, embedding American ties within the principality. Today, Monaco maintains a strong affinity with American culture, with Prince Albert and the princely Monaco family fluent in English and often welcoming residents from major US cities like New York, Miami, and Los Angeles.

Applying for a residence permit in Monaco: a complete guide

At Petrini Exclusive Real Estate Monaco, we are committed to providing our clients with a unique and personalized experience. Our website is designed to be a reference platform for all your real estate procedures in the Principality. Here you will find a wide range of properties available for sale, purchase and rent, as well as a collection of practical and informative guides to support you at every stage of your project in Monaco.

Our goal is to provide you not only with real estate solutions adapted to your needs, but also to offer you complete support in all your administrative procedures, especially with regard to the application for a residence permit. We know that this question, just like how to become a resident in Monaco, is frequently asked by our clients. That's why we've put together this handy guide.

In addition to our real estate services, we provide detailed information on administrative procedures, local activities, and the facilities of life in the Principality. Thanks to our expertise and our local network, we assist our clients in their efforts to obtain a residence permit and to settle in Monaco.

What are the rules for leases subject to VAT in Monaco?

In the Principality of Monaco, the taxation of commercial leases, in particular the subjection or exemption from VAT (Value Added Tax), may seem complex to the uninitiated. This article aims to clarify these rules for commercial, industrial and administrative leases, and to explain why VAT applies to some leases and not to others. Although our site deals with Taxation in Monaco and its Taxes , we would like to explain in detail why certain leases are subject to VAT in Monaco.

SBM Monaco: New One Monte-Carlo on the Terrasses du Casino

Today, SBM is continuing its real estate expansion with new large-scale projects. The group has announced that it wants to redevelop the area where the Edmond de Rothschild bank is located, between the Thermes Marins and the Hôtel de Paris, to make it an ultra-luxury residential and commercial complex. He nurtured the project of building a second " One Monte-Carlo " on the terraces of the Casino, thus strengthening the Principality's appeal to a demanding international clientele.

New Constructions in Monaco in 2025: A Complete Guide

In 2025, Monaco continues to assert itself as one of the most exclusive and dynamic destinations in the world, thanks to a series of new constructions that are redefining its urban landscape. For decades, the Principality has attracted an international clientele due to its exceptional living environment, Mediterranean climate, and tax advantages. Today, it further enhances its appeal with ambitious real estate projects that combine luxury, modernity, and innovation.

Projects like Bay House, Le Lido, Villa Ninetta, Maison Valentina, and Villa Lucia demonstrate how Monaco manages to maintain a balance between tradition and innovation. The scarcity of real estate offerings, coupled with strong demand, ensures that prices will remain high, making these new projects safe and strategic investments.

Beau Rivage Monaco: Elevation and Restyling on Port Hercules

In the heart of Monaco, an exceptional transformation is underway, reinventing the urban landscape with elegance and sophistication. The Beau Rivage building, an architectural icon since 1961, is about to begin a new era of splendour through an ambitious elevation project.

Neuehouse Monaco: Transformation and Innovation at the Portier

The Neuehouse project. Located in the prestigious Portier district, this project promises to transform the space formerly occupied by the Ni Box, a leisure centre for young people, into a modern and dynamic living space. In the heart of urban development, Neuehouse aims to be more than just a workspace; It's a fusion of culture, innovation, and friendliness. Designed to blend naturally into the Mareterra landscape, this new complex embodies Monaco's ambition to remain at the forefront of urban and cultural innovation. With the participation of renowned architects Emmanuel Deverini, the project aims to create an environment where work, leisure and culture come together harmoniously.

A Major Project to Streamline Access to Monaco

The Principality of Monaco is seeking to solve its road traffic problem by proposing a major project: the creation of a 3000-space park-and-ride facility in Èze, on the Brasca site. This initiative aims to improve the mobility of the thousands of employees who travel daily to and from France to Monaco

Home automation in Monaco: Residences already equipped

Monaco, the Principality located on the Côte d'Azur, is renowned for its luxury and exclusive lifestyle. Today, home automation, an innovative technology, is making its way into residences, apartments and even yachts in the Principality. Many companies offer home automation solutions to improve the comfort, security and aesthetics of homes in this popular region. Many homes are already equipped with this technology.  But first of all, do you know what home automation can bring you?

Monaco Watches: The Ultimate Guide

Nestled along the shimmering coast of the French Riviera, Monaco stands as a global symbol of luxury and sophistication. This small yet renowned principality has become a beacon for the world’s elite, drawing connoisseurs of fine living, luxury real estate, and high-end fashion. Among its many appeals, Monaco is a haven for luxury watch enthusiasts, where the finest names in haute horlogerie—like Rolex, Tag Heuer, Audemars Piguet, and Richard Mille—find a place alongside exclusive real estate and prestigious boutiques. At Petrini Exclusive Real Estate Monaco, we not only specialize in premier real estate but also embrace the lifestyle that draws so many to this remarkable destination.

Monaco Yacht Show 2024: All You Need to Know About the Event

The Monaco Yacht Show 2024 celebrates its 33rd edition, further cementing its position as a leader among luxury yacht shows worldwide. Since its creation in 1991, this prestigious show has continued to grow in size and importance, attracting visitors and exhibitors from around the globe. This event is much more than just a yacht exhibition; it is a platform where market trends are defined, where innovative technologies are revealed, and where the leading names in the industry, gathered around the prestigious Yacht Club of Monaco, discuss the future of yachting.

Formula 1 drivers living in Monaco

Monaco is not only famous for its Formula 1 Grand Prix which builds in record time in the city, but also as a privileged place of residence for many drivers of this discipline. The relationship between Monaco and Formula 1 is not new; it is rooted in decades of motor racing that takes place at the Circuit de Monaco, transforming the city streets into a challenging and spectacular racing course. This event, the first edition of which took place on 14 April 1929, is one of the most prestigious on the F1 calendar. It not only attracts the world's elite of motorsport, but also serves as a showcase for the charm and appeal of the principality.

The 5 most beautiful residences in Monaco

Monaco, a symbol of luxury and opulence, is home to exceptional residences that embody refinement. Discover these five prestigious addresses in the heart of the Principality, offering unrivalled comfort. Immerse yourself in the world of sophistication with Monaco's most remarkable residences.

The Villas du Sporting in Monaco: Luxury, Nature and Architecture

In the heart of the Principality of Monaco, an architectural gem is revealed, offering an unprecedented residential experience. The Villas du Sporting, with their avant-garde design and privileged location, redefine the Mediterranean way of life.

Monaco Yacht Show 2023

The Monaco Yacht Show (MYS), known as the world's largest annual gathering of superyachts, is set to open its doors for its 32nd edition, to be held from 27 to 30 September 2023. This prestigious event is an unmissable event for yacht enthusiasts and industry players, offering a unique immersive experience in the world of yachting.

Monaco Weather: Best Time to Visit & Monthly Climate Guide

Nestled on the French Riviera, Monaco boasts a glamorous reputation for its luxury, casinos, and high-profile events like the Monaco Grand Prix. But what about its weather? Whether you're planning a sun-soaked vacation, a winter getaway, or a trip to catch the Formula 1 excitement, understanding Monaco’s climate is essential.

Domaine de Terre Blanche: A Haven of Prestige

In the heart of the Var, in a region where the sun and the Mediterranean nature offer a breathtaking setting, is the Terre Blanche estate, a jewel of luxury and serenity that has been seducing the most demanding investors for many years. This exceptional place, where modernity and Provençal tradition are harmoniously combined, has become an essential address for those who wish to escape from the effervescence of Monaco while enjoying a refined art of living and a preserved natural setting.

The meditation space at Mareterra Monaco

Born from an ambitious extension project on the sea, Mareterra Monaco embodies the Principality's desire to combine modernity, respect for the environment and quality of life. In the heart of this new eco-responsible neighbourhood, the Prince Jacques promenade has been developed to offer residents and visitors a place of relaxation and conviviality. This pedestrian promenade, which winds along the coast, is an invitation to stroll, contemplate and discover original artistic projects.

Among these cultural initiatives, we find La Grotte Bleue that we have already talked about in a previous article, but also the "meditation space".

La Grotte Bleue at Mareterra Monaco

La Grotte Bleue, nestled within the prestigious new Mareterra program in Monaco, is now a must-see place for architecture and nature lovers. Open to the public, it offers a spectacular immersion in a setting where innovation and natural beauty intertwine harmoniously. Just a few metres from the meditation area, another discreet Mareterra treasure, La Grotte Bleue impresses with its 12-metre depth and its bold integration into the belt of caissons that supports this visionary neighbourhood.

Petit Portier Mareterra: A New Commercial Space in Monaco

The Petit Portier, nestled between Place Princesse Gabriella and the Renzo Piano-designed residential building, represents a distinct sector of Monaco's Mareterra district, offering an intimate marina with 16 berths for boats up to 16 meters. We previously guided you through an initial Mareterra fisrt look tour, and today we will focus on the new small port, which is also set to become a future commercial area and living space for residents.

Mareterra Monaco: first video of Monaco's new eco-district

On December 5, 2024, Mareterra officially opened its doors to the public, marking a new era for Monaco. This ambitious project, covering 6 hectares reclaimed from the sea and bringing the total area of the Principality to 2.08 km², embodies a modern and ecological vision of urban development. Its inauguration, in the presence of HSH Prince Albert II, Princess Charlene and their children, Crown Prince Jacques and Princess Gabriella, brought together elected officials and residents to celebrate this emblematic addition to the Principality. Started in 2013, this project represents an investment of around 2 billion euros.

What are business assets in Monaco and how to invest?

Buying business assets in Monaco is a unique process, with legal specificities particular to the Principality that differ significantly from those in other countries. In France, commercial law clearly distinguishes between commercial property (the real estate) and the business assets (the commercial activity itself, including tangible and intangible assets but excluding the real estate). This distinction is also present in England, Germany, and Italy, but with variations in terminology and practices.

Petrini Exclusive Real Estate Monaco: Real Estate Excellence at Your Service

At Petrini Exclusive Real Estate Monaco, we understand that selling or renting your property in Monaco requires maximum visibility. That's why we invest in high-profile advertising campaigns to attract new international buyers and tenants. You don't want your property to be just another advertisement. You want it to be highlighted, noticed, and to stand out in the competitive Monegasque real estate market. That's where we come in.

Buildings with Parking Monaco: The Guide

If you are considering acquiring a car park in Monaco, it is essential to know the buildings that offer this convenience. Here are some examples of buildings known for their private parking lots:

The Essence of Monaco Private Label

Monaco Private Label (MPL) is much more than just an elite club. Since its creation in 1999 by Monaco's Tourism and Convention Authority (DTC), it has evolved to become a real bridge between the world's economic elite and the Principality. It aims to offer an exceptional life experience to its members while contributing to the development and influence of Monaco.

Best Real Estate Agent Monaco

When considering renting, selling or buying a property in Monaco, the services of a trusted real estate agent are essential. With a detailed knowledge of the market, your real estate agent has a list of contacts and an exclusive real estate portfolio and essential knowledge for the realization of your project. In Monaco, even more than elsewhere, a good real estate agent must also be able to offer you a selection of off-market properties, usually inaccessible to the public. 

Discover Petrini Exclusive Real Estate Monaco, specialized in commercial real estate in Monaco

If you are looking for a property in Monaco, the Petrini Exclusive Real Estate Monaco agency is the ideal partner to assist you in your project. We have a wide selection of apartments, houses and commercial premises for sale and rent throughout the Principality.