News on the real estate
market in Monaco
9 min.
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.
8 min.
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".
6 min.
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.
8 min.
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.
16 min.
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.
19 min.
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.
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13 min.
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?
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8 min.
Guide to Buying Penthouse 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.
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13 min.
Eugenia Petrini
07/03/2024
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.
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12 min.
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.
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5 min.
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.
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16 min.
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.
Read more
8 min.
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.
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15 min.
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.
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14 min.
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17 min.
Penthouse Mareterra Monaco: Exclusive and Prestigious Residence
The Mareterra project in Monaco redefines the very idea of luxury and innovation by the sea. Nestled in a setting where the sea meets the land, this unique eco-district is part of an avant-garde and sustainable vision, offering investors and residents an exceptional living environment. What makes Mareterra so unique? And why are these exceptional penthouses, available exclusively through Petrini Exclusive Real Estate Monaco, the ultimate investment in Monaco? We have already talked about the first shops and restaurants in this new district, such as the Marlow Restaurant , which the Société des Bains de Mers has already announced as the future trendy restaurant in the Principality.
Let's take a closer look at the remarkable aspects of this extraordinary project. Located on the seafront, Mareterra enjoys an incomparable location with spectacular views of the Mediterranean. From the top floors of iconic residences such as the Jardins d'Eau and Le Renzo, penthouses dominate the Principality with breathtaking panoramas. Designed by internationally renowned architects, these apartments combine contemporary design with the highest quality materials, to offer a living environment that meets the greatest expectations.
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13 min.
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.
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9 min.
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.
Read more
12 min.
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.
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11 min.
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.
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6 min.
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.
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22 min.
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.
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16 min.
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.
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22 min.
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.
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6 min.
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.
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9 min.
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.
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3 min.
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
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5 min.
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?
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3 min.
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16 min.
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.
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19 min.
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.
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18 min.
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.
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10 min.
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.
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3 min.
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.
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3 min.
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8 min.
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".
Read more
6 min.
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.
Read more
8 min.
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.
Read more
5 min.
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.
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9 min.
Is Monaco a country?
Monaco is a fascinating place, both for its uniqueness and its extraordinary status. Nestled along the French Riviera, this glamorous principality intrigues travelers who, whether they arrive by land, sea or air, often ask themselves the same questions: "Is Monaco a country? or "Is Monaco part of France?" Others, captivated by its exceptional setting, wonder: "Where is Monaco? and "How big is Monaco?" ».
To the question "Is Monaco a country? The answer is simple: yes, Monaco is indeed a country. It is the second smallest nation in the world, with an area of only 2.08 km². Monaco's surface area has indeed increased with the Mareterra sea extension project (also known as Anse du Portier).
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7 min.
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, inaugurated the 4th December 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.
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31 min.
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.
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3 min.
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.
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3 min.
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:
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3 min.
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.
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4 min.
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.
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3 min.
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