Monaco rental market 2025

After eight months of particularly strong activity, Monaco’s rental market is showing unprecedented momentum. Our analysis is based directly on transactions carried out by our agency, providing a concrete and up‑to‑date view of how the sector is evolving.

The World's Most Expensive Penthouse: The Supreme Embodiment of Luxury in Monaco

The world of luxury real estate never ceases to surprise us with ever more exceptional properties. And today, it is in the heart of the Principality of Monaco that we take you, to discover an unparalleled property: the Penthouse of the Odeon Tower. Considered the most expensive apartment in the world, it offers an extraordinary living experience.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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?

Mareterra Monaco, the most expensive district in the world

The most expensive district in the world is located in Monaco: Mareterra. Inaugurated at the end of 2024, this new ultra-luxurious area of 6 hectares recovered from the sea has unparalleled real estate prices

Vanity Fair celebrates Grace Kelly in Monaco, Petrini agency among guests

At dusk on 22 July 2025, the Monte-Carlo Beach was dressed in lights. Between the umbrella pines and the ochre hues of the sunset over the Mediterranean, Vanity Fair France and the Société des Bains de Mer invited, for a private evening, those who make the new glamorous face of the Principality shine.

Petrini, Monegasque real estate agency, in 50 Minutes Inside

On Saturday, June 7, 2025, TF1 will broadcast a new report in the program 50 Minutes Inside – Le Mag, around a central theme: "Why is Monaco always a dream? ». On this occasion, the TF1 editorial team has chosen to devote a segment to Petrini Exclusive Real Estate Monaco, a family real estate agency located in the heart of the Principality.

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.

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.

The Monte Carlo Beach Club: a luxury seaside oasis

The Monte Carlo Beach Club is an exceptional destination for beach and luxury enthusiasts. Located in the Bay of Cap-Martin, at the edge of the Principality, this prestigious establishment offers a private beach and stunning views of the Mediterranean Sea.

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 wine sanctuary, a magical destination that we invite you to discover.

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.

Paolo Petrini invited by Nova Lectio

Paolo Petrini, from Petrini Exclusive Real Estate Monaco, takes part in a documentary by Nova Lectio dedicated to the history and exceptional real estate of the Principality. A recognized expert in the Monegasque real estate market, he shares an in-depth analysis to discover in this video.

Best real estate agent Monaco

In Monaco, even more so 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. 

Comprehensive Guide to Mixed-Use Apartments in Monaco

You’re looking to live in Monaco while also basing your professional activity there? The mixed-use regime allows you to combine housing and work within the same apartment, subject to conditions set by urban planning and co-ownership regulations. This complete guide explains the rules you need to know, the steps to follow, and the pitfalls to avoid to legally use a mixed-use property in 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.

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: