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?

Apartment with garden in Monaco, why is it so rare?

Monaco, with its 2 square kilometers, is one of the smallest and most densely populated territories in the world. Although there are extension projects that will soon be delivered, such as Mareterra , where a lot of green spaces will be inaugurated at the end of 2024, the Principality remains very urbanized and limited in terms of space. The Monegasque government is working to create green spaces, but it is extremely rare to find apartments or houses with private land.

Guide to Buying Penthouses in Monaco

Monaco stands out for its exceptional living environment and its worldwide reputation as a safe and exclusive haven of peace. In the heart of this Principality, the purchase of a penthouse represents the pinnacle of luxury, offering not only panoramic views of the Mediterranean Sea and the vibrant city, but also exclusive access to a prestigious lifestyle.

The Boulevard des Moulins Monaco purchase of exceptional properties

Nestled in the heart of Monaco, a stone's throw from the Carré d'Or, the Boulevard des Moulins stands out as one of the most coveted and prestigious addresses in the Principality. A symbol of Monegasque elegance, this family-friendly and bourgeois boulevard is lined with luxury buildings, offering a unique neighbourhood life where conviviality and luxury blend harmoniously. Luxury boutiques, renowned cafes such as Cova, and choice restaurants such as Anoia, contribute to the exclusive atmosphere of this area. The Place des Moulins, the beating heart of the district, is a renowned meeting place for all, perfectly illustrating the community spirit that reigns there.

The Real Estate Market in Monaco in 2023: Luxury Report and Statistics

In the heart of the Riviera, Monaco continues to capture the imagination and interest of investors from all over the world, particularly in the luxury real estate sector. In 2023, the Principality of Monaco is proving to be not only a haven of peace for affluents looking to invest in real estate, but also a barometer of luxury trends on a global scale. This article aims to dive into the heart of the real estate resale market in Monaco, highlighting the nuances and dynamics that characterize this exclusive niche in times of economic and social change. 

The tallest buildings in Monaco

Monaco faces a major challenge: limited space. With an area of only 2.02 km², this small principality is one of the most densely populated states in the world. To meet this challenge, Monaco has adopted a bold and innovative strategy: to rise to the sky.

Avenue Grande Bretagne Monaco: a central place

The Avenue de Grande Bretagne is a key artery in the Monte Carlo district, renowned for its central location and prestigious residences. Stretching from the Carré d'Or to the Boulevard du Larvotto, this avenue runs parallel to the Boulevard des Moulins and offers direct access to some of Monaco's most emblematic places, such as the Casino de Monte Carlo and the prestigious One Monte-Carlo building. It is a popular avenue not only for its proximity to luxury shops and essential services, but also for its convenient connections to other areas via public elevators and passageways connecting several buildings such as Le Victor Palace and Le Prince de Galles.

Highest-Paid Jobs in Monaco: Top 10 Lucrative Professions

Monaco, renowned for its idyllic setting and Mediterranean climate, is a prime destination for those seeking to enhance their quality of life while pursuing a lucrative career. This small state on the French Riviera, known for its safety, economic dynamism, and top-notch infrastructure, attracts professionals from around the world eager to take advantage of its many benefits. Discover which professions can bring you substantial earnings.

Find Buildings close to the new ISM (International School of Monaco)

The International School of Monaco (ISM), one of Monaco's leading international schools , has long been a pillar of educational excellence on the French Riviera, attracting families from all over the world eager to provide a top-tier education for their children. Founded in the picturesque Port Hercule district, close to the Le Ruscino building , the school has evolved over the years, recently marking a significant milestone with the opening of its new campus within the ultramodern Testimonio II complex.

The Best Gym in Monaco, we help you choose your gym

Whether it's preparing for a marathon, or simply maintaining a wellness routine, finding the perfect gym in Monaco can seem challenging. In this article, we are going to tell you about the best fitness spaces in the Principality, where excellence and exclusivity meet to offer an unparalleled sports experience.

Comparing Dubai vs Monaco

Between the futuristic skyscrapers of Dubai and the timeless glamour of Monaco, choosing your next living destination is far from a trivial decision. This article offers a detailed comparison between Dubai and Monaco, two flagship destinations for business, luxury, and a privileged lifestyle. While Dubai is renowned for its economic dynamism, bold architecture, and cosmopolitan atmosphere, Monaco provides an exceptional living environment with its Mediterranean climate, unparalleled security, and attractive tax benefits.

Safety in Monaco: Why is the Principality considered one of the safest places in the world?

Monaco, thanks to a well-thought-out public security policy and a culture of mutual respect rooted in society, enjoys remarkable serenity every day of the year. This tranquillity is the result of a concerted effort, not only by the princely government but also by every individual residing in or visiting the principality. The commitment to internal security and civil security is manifest through appropriate means of general surveillance of the territory. Monaco has sophisticated infrastructure to protect institutions, property and people, illustrating a comprehensive and integrated security approach.

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.

Why UK Non-Doms Should Consider Moving to Monaco for Tax Benefits

For many years, the non-domiciled (non-dom) tax regime in the UK has allowed residents to benefit from favorable tax treatment by paying taxes only on the income they remit to the UK. However, recent legislative changes have significantly altered this landscape. Starting from April 6, 2025, the UK will abolish the non-dom tax regime. This means that all UK residents, regardless of their domicile status, will be taxed on their worldwide income, a significant shift from the previous remittance basis system.

Monaco and the FATF's grey list: Impacts and responses of the Principality in 2024

In 2024, the Principality of Monaco is at a crucial regulatory turning point in the face of the threat of being placed on the Financial Action Task Force's (FATF) grey list. This prospect raises questions about the possible implications for Monaco's financial sector and its attractiveness as an international financial centre. Historically, even a placement on the FATF's non-cooperation lists has not seemed to have a lasting effect on the local real estate market, which continues to thrive thanks to the persistent scarcity and luxury of properties.

Are new vehicles registered in Monaco subject to taxes?

In the face of European environmental initiatives aimed at reducing CO2 emissions through the introduction of taxes on new vehicles, Monaco has a distinct configuration. Due to its non-membership of the European Union, the Principality does not apply the same taxation policy based on CO2 emissions and the weight of new vehicles. This regulatory specificity offers a different perspective for Monaco residents and those planning to take up residence there.

Impact of the new decree in Monaco: Income Tax Law in Italy

With the recent amendments introduced by Legislative Decree No. 209 of 27 December 2023, the law on income taxes in Italy has undergone important updates that not only profoundly reform the tax system for Italian residents, but also open up new perspectives for those contemplating the possibility of moving abroad. In this context, Monaco emerges not only as a tax haven, but as an ideal lifestyle destination, combining economic benefits with an incomparable quality of life.

Taxation in Monaco: An Overview

Monaco stands out for its unique tax system in Europe. This tax specificity is often cited, but rarely understood in its entirety. What makes taxation in Monaco so different and why is it attracting so much international attention? Is this really the tax haven we imagine?

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?

The Fontvieille shopping centre in Monaco is transformed

The Fontvieille district is one of Monaco's newest districts. It was built on a marshy area to increase the living area of the principality.

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 Monaco Grand Prix 2024 Everything You Need to Know

The Monaco Grand Prix is one of the most prestigious and iconic races in the Formula 1 championship. Since its first edition in 1929, this race has captivated motorsport enthusiasts worldwide with its unique layout through the narrow streets of the Principality of Monaco. The circuit, with its tight corners and spectacular views of the Mediterranean, offers an unparalleled challenge to drivers and an unforgettable experience for spectators.

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.

Marlow restaurant Mareterra: A new gastronomic destination in Monaco

Mareterra Monaco, an exceptional new development, is undoubtedly a symbol of modernity and one of the most eagerly awaited projects in the Principality. Located on an offshore extension near Anse du Portier, this spectacular development, scheduled to open in November 2024, combines luxury residences, green spaces, as well as commercial and leisure areas, redefining Monaco's exclusive living environment.

Mareterra's iconic buildings, such as Le Renzo, designed by the renowned architect Renzo Piano, and Les Jardins d'Eau, provide the perfect balance between avant-garde architecture and nature. This district also includes refined townhouses and prestigious villas, offering an exceptional living environment, with breathtaking views of the Mediterranean.

Cédric Grolet moves to Monaco at the Hôtel de Paris

Cédric Grolet, the world-renowned pastry chef, could soon open his first boutique in Monaco, precisely at the Hôtel de Paris. According to recent information, he would be approached to occupy the space left vacant by the concept store restaurant Taera Monte-Carlo, which closed its doors this Saturday, August 31, 2024, after a year of activity in the internal courtyard, also known as the hotel's central peristyle garden.

Discover the Best Larvotto Monaco Restaurant

The Larvotto, recognized as one of the most sought-after areas of Monaco, stands out for its exceptional setting combining luxury and quality of life. Located along the splendid Côte d'Azur coast, this district embodies refined elegance with its sandy beaches and palm-lined avenues. Find our ranking of the best restaurants in this area.

Mozza makes way for Zeffirino: The Culinary Legacy of Riccardo Giraudi

The Rue du Portier in Monaco, known for its gastronomic prestige, is about to undergo a major change. The famous Mozza restaurant, a pillar of Italian cuisine in the region, is being transformed to make way for Zeffirino, a new culinary vision under the aegis of Riccardo Giraudi.

The Wine Cellars of the Hôtel de Paris Monte-Carlo

The Cellars of the Hôtel de Paris Monte-Carlo, located under the green gardens of one of the most prestigious hotels in the world, are much more than just a place to store bottles. It is a true sanctuary of wine, a magical destination that we invite you to discover.

Monaco's Architectural Treasures

Monaco, with its small area of only 202 hectares, is a true architectural gem. Whether you're visiting or staying in the Principality, take some time to experience the unique blend of architecture Monaco has to offer. The beauty of this compact city is that you can explore Monaco's most beautiful buildings on foot. In this article, we invite you to discover some of the most emblematic architectural treasures of the Principality.

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.

Rental costs in Monaco: what to expect

In Monaco, the rules for renting an apartment are different from those in other countries. Do you want to move to Monaco and obtain Monegasque residency ? If so, this article details all the costs you need to plan for when renting your first apartment in Monaco.

Residences with Concierge Services in Monaco: Luxury and Comfort at Your Fingertips

If you're thinking about buying or renting an apartment in Monaco, one of the features that can make your residential experience even more exceptional is the presence of top-of-the-line concierge services. Monaco's concierge services are committed to offering their residents a full range of services aimed at simplifying their daily lives and adding a touch of luxury to their lifestyle.

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.