New Princess Grace Hospital Center: an ultramodern hospital in Monaco
Are you planning to settle in Monaco or to learn more about the Principality of Monaco? With the construction of the new Princess Grace Hospital Center, the Principality reaffirms its commitment to providing an exceptional living environment and cutting-edge health infrastructure. This large-scale project helps strengthen Monaco’s attractiveness for both new residents and families already established here, by guaranteeing local access to high-quality care.
Before realizing your life project, it may be essential to discover the conditions for living in Monaco, understand the administrative procedures, and explore the emblematic districts surrounding the hospital and offering a unique living environment. To assist you in your relocation, our Services and practical life in Monaco section offers a comprehensive overview of practical information, from international schools to health facilities and public parking.
Whether you are considering a real estate purchase project to invest in this booming sector, or simply wish to rent an apartment near the future hospital, our agency offers you its expertise and perfect knowledge of the Monegasque market to help you realize your ambitions under the best conditions.
The Princess Grace Hospital Center (CHPG) of Monaco is about to write a new page in its history with the construction of a state-of-the-art hospital, a gigantic project launched in 2015 and scheduled for completion in 2032. A pillar of the Monegasque health system, the CHPG will thus scale up: this future hospital complex will offer increased capacity, cutting-edge medical infrastructure, and significantly improved comfort for patients. The stated ambition is clear: to meet the needs of the local population while attracting a high-end international clientele, positioning Monaco as a hub of medical and technological excellence. A breakdown of this extraordinary project – timeline, capacities, architectural innovations – and its impacts for current and future residents of the Principality.
Key information on the new CHPG (Monaco):
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Opening: First phase expected in 2026 (first patients welcomed), full completion in 2032.
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Capacity: Approximately 490 beds in total (including 66 psychiatric beds and 28 modular “drawer” beds) and 22 state-of-the-art operating rooms.
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Budget: Approximately €1 billion total cost (initial estimate ~€867 million).
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Parking: Underground parking planned for approximately 650 cars and 180 two-wheelers.
A gigantic construction site in the heart of Monaco
Building a hospital of this scale on the Rock of Monaco is an achievement. The construction site of the new CHPG, started in 2015, spans over 17 years of work for delivery in 2032. This exceptional schedule is explained by the project’s complexity: it involves rebuilding the hospital on its existing site without interrupting medical services. “Meanwhile, it is impossible to close services during the construction period. The hospital continues to operate normally,” reports Monaco Tribune. To limit disturbances, significant measures have been taken: installation of double-glazed facades to contain noise, air filtration systems to trap dust, etc., thus ensuring continuity of care during the works.
Such an extended phasing has budgetary consequences: initially estimated at about €795 million in 2019, the overall project cost rose to €1.3 billion in the 2025 initial budget. And according to elected officials, this already colossal bill could increase further by the end of the works. Faced with these amounts, the government insists on the need for strict budget control and respect for deadlines, as any delay has a significant financial impact. Despite these challenges, the objective remains unchanged: to provide Monaco with a very high quality hospital, at the forefront of medicine, while controlling costs and duration of the project.
Increased capacity for a hospital of excellence
The new Princess Grace Hospital Center will offer a clearly superior capacity compared to the current one. Ultimately, there will be 394 beds in the facility, including a psychiatric unit of 66 beds and an additional modular unit of 28 beds. The technical platform will also be strengthened with 15 state-of-the-art operating rooms and approximately 650 parking spaces to better accommodate patients and visitors. Once fully operational, the hospital will be able to handle an increased volume of patients under optimal conditions – a major asset as the CHPG already treats nearly 90,000 patients per year today.
This upscaling aligns with the vision of an international hospital of excellence. Indeed, in a recent article in L’Observateur de Monaco, the CHPG management states that the new hospital will meet the needs of the local population but also those of a high-end clientele that Monaco aims to attract. By offering cutting-edge specialties and ultramodern equipment, Monaco will be able to draw demanding foreign clientele, while enhancing the quality of care for residents. “The new CHPG goes beyond our care mission. It will feed the Monegasque economy but also the image of Monaco with exceptional care offerings,” emphasized Benoîte Rousseau de Sevelinges, CHPG Director. The goal is therefore twofold: to improve medical care for inhabitants while positioning the Principality as a prestigious health destination.
A facility designed to evolve with needs
From the outset designed to last several decades, the new hospital was conceived with an evolutionary approach. “The principle is to make this hospital as modular as possible so that it can adapt to evolving medical practices and techniques,” explains Christophe Robino, Minister of Health. Indeed, medicine in 2032 will not resemble that of 2012: new technologies, robotic surgery, innovative therapies… The next-generation CHPG therefore integrates a modular architecture particularly visible in the operating blocks, which can be adapted to accommodate the most advanced medical imaging equipment over time. This flexibility ensures that the hospital will not become obsolete before its inauguration, but will instead be able to integrate new techniques and medical specialties as they emerge.
The demographic and health evolutions have also been taken into account. Monaco faces an aging population and the emergence of new pathologies, which implies anticipating future care needs. “With the evolution and aging of the population, the emergence of new diseases, needs change. It is possible that certain services that initially did not exist will emerge by the time the new hospital opens,” notes Christophe Robino. The NCHPG project therefore includes adaptation margins: besides the psychiatric sector now included in the main building, additional units (called “drawer units”) can be activated as needed. In summary, the new Princess Grace Hospital has been designed not only to meet current needs but also to adjust to medical challenges of tomorrow thanks to its flexible and evolutionary design.
Patient comfort and architectural innovation
Beyond medical performance, the future CHPG emphasizes patient comfort and well-being. The complex’s architecture was designed to provide a soothing and modern environment. Vast interior patios and suspended gardens with sea views will be laid out at the heart of the building to bring natural light and greenery into care spaces. Most rooms will be oriented to enjoy a Mediterranean panorama, thanks to a corolla design that multiplies openings to the exterior. These rooms will mostly be single with private bathrooms, eliminating the old double rooms without attached sanitary facilities still present in the current hospital – a now indispensable standard for a demanding international clientele. Play and relaxation areas are also planned, for example for hospitalized children, to make their stay more pleasant.
Rendering illustrating the futuristic design of the new Princess Grace Hospital Center, with its green terraces and large openings offering panoramic views.
Innovation is also found in the technical aspects of the building. The new hospital will be built according to exceptional safety and quality standards, including unique seismic standards in Europe to ensure the building’s resistance despite being erected on a rocky hillside. Moreover, the CHPG aligns with Monaco’s environmental priorities: the complex will benefit from a natural ventilation system linked to the thalassothermal loop (using the sea’s thermal energy) and rooftop solar panels that will provide up to 50% of the hot water needs of the facility. These eco-responsible installations, combined with integrated green spaces, will make the new hospital an exemplary building in terms of sustainable development. By combining biophilic architecture (open to nature) and high technology, the new CHPG strives to create an environment that is both ultramodern and human, conducive to healing and staff comfort.
A phased timeline until 2032
The realization of the new CHPG is spread over several phases to guarantee continuity of care. The first phase of the works, roughly corresponding to the construction of the new main wings on available land, has been completed. Two buildings (wings A and B) were delivered at the end of 2024. From 2026, once interior fittings are completed and approvals obtained, the CHPG will be able to gradually transfer its services to these new ultramodern premises.
This transition will mark the start of the second phase of the project. Once medical services have moved into the new building, the old vacant buildings – notably the maternity tower and Pavilion Louis-II – will be demolished to make way for the continuation of the works. Between 2026 and 2030, two additional wings will be constructed on the former hospital site, completing the hospital complex. If the schedule is met, the entire new Princess Grace Hospital Center will be completed and fully operational by 2032.
It should be noted that this tight phasing remains dependent on many technical and logistical challenges. Nevertheless, Monegasque authorities are determined to meet the deadlines. “The goal is indeed the delivery of a very high-quality facility, with control over schedules and costs,” recalled State Minister Pierre Dartout during budget debates. Each achieved milestone – such as the completion of the structural work in 2024 – brings Monaco closer to this long-awaited new hospital. The coming years will thus see a progressive transformation of the hospital site, constantly adapted to minimize patient impact until the final inauguration.
What will become of the old hospital?
A natural question arises: what will be the conversions of the current buildings once the new hospital is delivered? The NCHPG project will occupy a large part of the old CHPG footprint, but not all of it. Over time, some existing structures, such as the old maternity tower or the historic pavilion, are destined to disappear. Monaco sees here an opportunity to rethink the use of these lands in the city center. “Given the freed-up construction areas, we have other potential projects. These could be structures for the elderly, or housing. But what is certain is that the freed-up areas will be exploited to the fullest,” said Minister Christophe Robino.
Thus, housing could be built on part of the site once cleared, helping to meet the Principality’s real estate demand. This prospect is notable, as Monaco has little space for new developments. Potential creation of residences (perhaps to house hospital staff, seniors, or families) would fit into Monaco’s optimized urbanization policy. Another portion could be developed into public green spaces, with the aim of “renaturing” the city, as mentioned by the authorities. Whatever the final decision, the fate of the old hospital will revolve around a key issue: enhancing this freed-up site by further improving quality of life in the Principality, whether through useful social infrastructures (retirement home, long-term care center, etc.) or new housing, while perhaps offering some greenery in Monaco’s dense urban fabric.
A beneficial project for Monaco and its residents
The erection of the new Princess Grace Hospital Center has strategic importance for Monaco. From a healthcare perspective first, it will guarantee Monegasque residents access to cutting-edge care in a modern setting, without having to turn abroad. Monegasques and expatriate residents can expect an improvement in care delivery thanks to new infrastructure and increased capacity. The National Council insisted that service levels be maintained commensurate with the investments made, notably by reducing appointment waiting times and strengthening city care offerings. The stated goal is that every patient, national or otherwise, enjoys a smooth and efficient care pathway, reflecting the resources invested in this project.
Beyond health, the new CHPG will also have positive economic and social fallout. Today, the CHPG is the third largest employer in the Principality (nearly 2,900 employees) and generates over €25 million in orders per year with local companies. Its expansion will create new jobs (caregivers, technical staff, maintenance, etc.) and stimulate the construction sector during the works. In the long term, a hospital infrastructure of this level will reinforce Monaco’s attractiveness: “Thanks to its performance and its unparalleled technical platform, the infrastructure largely contributes to the territory’s attractiveness,” underlines the CHPG director. In other words, an ultramodern hospital will contribute to Monaco’s brand image, like other major projects (Mareterra, One Monte-Carlo, etc.), making the Principality ever more appealing to investors and new residents.
Finally, the arrival of a brand-new hospital will also benefit inhabitants of neighboring communes (Beausoleil, Cap-d’Ail, Menton, etc.), who represent part of the 125,000 potential beneficiaries of CHPG care. Indeed, Monaco plays a role as a regional health hub, and the CHPG’s reinforcement will strengthen this mission serving the wider Riviera population. In sum, this hospital project is a virtuous circle: it improves public health, supports the local economy, and confirms Monaco’s status as a place offering high-end quality of life and services.
Petrini Real Estate Monaco at your service
For newcomers as well as long-time residents, the prospect of a cutting-edge hospital in Monaco is excellent news. This state-of-the-art facility, integrated in the Jardin Exotique district, will no doubt increase the appeal of the hospital’s surroundings for living or investing. If you are considering settling in the Principality – whether as a healthcare professional drawn by the new CHPG’s dynamism, or simply as an individual keen to reside close to top medical infrastructure – know that Petrini Real Estate Monaco can support you in all your real estate projects.
With our expertise in the Monegasque market, we can advise you on the best neighborhoods and opportunities, including near the future hospital. Whether you are looking to rent an apartment near the hospital, purchase property to invest in this developing area, or sell a property benefiting from the neighborhood’s valorization, our agency is here to guide you. Feel free to consult our Living in Monaco section for all practical aspects of settling in the Principality, and contact our real estate experts to realize your project. With Petrini Real Estate, make Monaco – and its new Princess Grace Hospital Center – the setting for your next real estate success.
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Key takeaways on the new hospital project
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Eco-responsible building: Targeting HQE (High Environmental Quality) certification, with bioclimatic design, low-carbon materials, and renewable energy (solar panels, seawater heat pumps, natural ventilation, etc.).
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Patient comfort: Single rooms (many with sea views), spacious reception areas, patios and interior gardens for better patient well-being.
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Digital modernization: Fully digitized hospital (advanced medical information system) with high-tech equipment: including 22 state-of-the-art operating rooms, several hybrid rooms combining imaging and simultaneous surgery.
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Health reach: Approximately 125,000 residents of Monaco and neighboring communes will benefit from this cutting-edge infrastructure. The new CHPG also targets a high-end international clientele, strengthening the Principality’s medical prestige.
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Enhanced district: The site is located on Monaco’s heights, in situ on the current hospital premises. The presence of this state-of-the-art facility increases the appeal of the surrounding district: a quiet sector with green spaces and sea views, and immediate proximity to care – all prized assets on the Monegasque real estate market.
Frequently Asked Questions about the new CHPG of Monaco
When will the new Monaco hospital open?
The first phase of the New Princess Grace Hospital Center is scheduled to be delivered at the end of 2025, and the first patients are expected to be received in 2026 in the new facility.
When will the new Princess Grace Hospital Center be completed?
The full completion of the works for the new Monegasque hospital is planned for 2032 according to current estimates.
How many beds will the new Monaco hospital have?
The future CHPG will offer approximately 490 beds and hospitalization places in total, matching the capacity of the current hospital but with a modernized distribution of specialties (including psychiatry).
What benefits will the new hospital bring to Monaco residents?
Monegasque residents will benefit from a more modern hospital offering cutting-edge on-site care and increased capacity. The new CHPG will improve patient comfort (single rooms, interior green spaces, sea views, etc.) and will spare Monegasques from having to travel outside the Principality for advanced treatments.
Will the new Monaco hospital be eco-friendly?
Yes. The new CHPG is designed to strict environmental standards, aiming for HQE (High Environmental Quality) certification. It incorporates numerous eco-responsible solutions, such as the use of low-carbon concrete and renewable energies (e.g., solar panels for hot water) to reduce its ecological footprint.
What is the budget for the new CHPG project in Monaco?
The budget allocated to the construction of the new Princess Grace Hospital is approximately €1 billion in total. This project is among the Principality’s most ambitious and costly, financially supported by the Monegasque State.
What technological innovations are planned for the new hospital?
The new CHPG will be a state-of-the-art and “smart” hospital. It will be fully digitized (computerized systems for care management, digital medical records, etc.) and equipped with cutting-edge devices. This includes 22 high-tech operating rooms, including several hybrid operating theaters enabling advanced medical imaging and real-time surgery.
Where is the new hospital site located in Monaco?
The new Hospital Center is being built on the very site of the current CHPG, i.e., in Monaco-Ville (1 Avenue Pasteur), on the heights of the Principality. The decision was made to rebuild the hospital in situ (historic location since 1902) to maintain proximity to the population, while keeping the old hospital in service during the works.
What will be the economic impacts of the new CHPG?
The construction of the new hospital – a gigantic site running from 2015 to 2032 – generates sustained activity for the local construction sector over more than a decade, with significant contracts awarded to companies (e.g., VINCI Construction for the first phase). Ultimately, this ultramodern hospital will reinforce Monaco’s attractiveness in healthcare, also aiming to draw an international high-end medical clientele.
Are there real estate opportunities near the new Monaco hospital?
Yes. The district around the CHPG will become more attractive thanks to the new hospital. Living close to this state-of-the-art facility offers valuable advantages: easy access to care and emergencies, a calm and green environment, panoramic sea views, etc. This context makes the surroundings of the new hospital an increasingly sought-after area for buying or renting real estate.
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