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Valuation of your property in Monaco: Petrini Exclusive Real Estate

By Paolo Petrini26 min read

What is your property worth?

Free, confidential, two minutes. Market prices updated on 14 October 2026, Petrini Observatory.

Contents

  1. Key Takeaways: property valuation in Monaco
  2. What data is your valuation based on?
  3. Which criteria really move the price of a Monaco property?
  4. Asking price or recorded transaction price: which value should you use?
  5. What an online calculator cannot do
  6. After the valuation: the costs to anticipate
  7. Frequently asked questions about property valuation in Monaco
  8. Related Guides

Valuing a property in Monaco means starting from the price per square metre recorded in its district and its configuration, then weighting it by the view, the building, the floor and the condition. In July 2026, the average asking price stands at 59,942 €/m² across the Principality as a whole, with a gap of 29,979 €/m² between the most expensive district and the most accessible one.

The calculator below applies that method to your property. It draws on the monthly surveys of the Monaco market that our agency has compiled since January 2008, rather than on a national average imported from elsewhere. Enter your property details: an adviser then sends you the value, after verification of the documents.

Your property

Key TakeawaysMonaco Property Valuation

Key Takeaways: property valuation in Monaco

Property valuation in Monaco is not simply a price per square metre multiplied by a floor area. Here are the benchmarks that matter before you set an asking price.

  1. Valuing a Monaco property means starting from the price per square metre of its district and its configuration, then weighting it by the view, the building, the floor, the condition and the features.
  2. Eleven districts, eleven markets: from 74,967 €/m² in the Carré d'Or to 44,988 €/m² in Moneghetti, the gap reaches 29,979 €/m².
  3. The price per square metre rises with size: a six-room property or larger trades on average 55 % higher per square metre than a studio.
  4. Three criteria move value more than the district itself: the sea view, the building and the condition of the unit.
  5. The calculation benchmark used is 59,942 €/m² in July 2026 for the Principality as a whole, against 25,814 €/m² in January 2008.
  6. Asking prices and recorded transaction prices are two distinct realities: IMSEE, the Principality's statistics institute, records 57,569 €/m² on average across the transactions registered in 2025.
  7. The Monaco market does not rise mechanically: after +14.8 % in 2024, IMSEE recorded -1.4 % in 2025.
  8. No calculator knows the floor, the actual aspect or the history of a specific unit: an automatic estimate gives an order of magnitude, not a binding value.
Petrini tipset your asking price from real comparables in your own building, never from your district average. In Monaco, two neighbouring residences can show thirty per cent difference on identical floor areas.

What data is your valuation based on?

The calculator relies on no national average and on no imported scale: it starts from the surveys our agency carries out every month on the Monaco market, district by district and by configuration, since January 2008. Each valuation is therefore tied to the real micro-market of the property, and not to an average value for the Principality.

These eleven districts do not behave in the same way: the Carré d'Or, Larvotto and Port Hercule lead the top of the market, while Jardin Exotique and Moneghetti offer the most accessible entry points. The table below summarises the reference values used by the calculator, for both sale and rental. If you are looking for the historical analysis of the market rather than a valuation, our page dedicated to price per m² in Monaco traces the change year by year.

These values are asking prices, that is, the levels at which properties are offered on the market. The Mareterra district, delivered too recently, does not yet have a sufficient series of surveys to appear in this table: properties in the Anse du Portier are handled case by case.

In Monaco the price per square metre rises with floor area, and the gap widens in the most sought-after districts. A studio in the Carré d'Or stands at 63,805 €/m², while a six-room property reaches 99,095 €/m² there, 55 % more. The table below crosses the eleven districts of the Principality with the six property types: it is the reference grid the calculator applies to your property.

Two readings emerge from this grid. The rise in price with floor area is neither linear nor universal: it is pronounced in the Carré d'Or, Larvotto and Fontvieille, where large properties are scarce, and much flatter elsewhere. And in districts with few listings, Monaco-Ville above all, averages by property type lose their statistical meaning: a property there is valued case by case, never by the average.

Which criteria really move the price of a Monaco property?

Three criteria move value more strongly than the district itself: the sea view, the building and the condition of the unit. This is the hierarchy our teams observe in the field, and it explains why two apartments of identical size, on the same street, can show considerable differences.

The sea view is the most discriminating criterion in the Principality. Within the same building, two superimposable units, one opening onto the Mediterranean and the other onto the town, are not valued in the same world. The distinction is not binary either: a side view, partly masked by a neighbouring façade, does not command the price of a full panoramic one.

The building comes next, and it often weighs more heavily than the postal address. The reputation of a residence, the quality of its common areas, the presence of a round-the-clock concierge, a pool or a gym, the year of completion, the financial soundness of the freehold company: all of this creates micro-markets that escape district averages. Our portfolio of Monaco building profiles documents these characteristics residence by residence.

The condition closes the trio, and it is the only lever an owner can act on before going to market. A recently renovated property with contemporary finishes stands out immediately from a unit that needs refreshing, in a market where buyers compare within a few viewings.

Configuration also plays its part, in a way that often surprises sellers from elsewhere: in Monaco, the price per square metre rises with floor area. A studio trades at around 50,892 €/m² while a six-room property or larger reaches 78,798 €/m², that is 55 % more. The scarcity of large apartments in a territory of 2.08 km² explains this inversion compared with mainland markets.

Asking price or recorded transaction price: which value should you use?

Both, but never for the same purpose. The asking price shows the level at which the market offers itself; the recorded transaction price shows the level at which it concludes. An owner preparing a sale works from the first, an investor analysing a yield works from the second.

IMSEE publishes each year the prices actually registered. Its 2025 edition records an estimated average price of 57,569 €/m² across all private-sector transactions, down by 1.4 % after a rise of 14.8 % in 2024. The same year saw 493 transactions for a total amount of 5.86 billion euros.

This comparison calls for two cautions. IMSEE changed its calculation method in 2025, moving to a regression-based estimate: its earlier series are not directly comparable. And the gap between the price initially asked and the price finally agreed varies considerably from one file to another, depending on the urgency of the seller, the scarcity of the unit and the accuracy of the initial price. We decline to publish an average discount that would make no sense applied to a particular property.

What an online calculator cannot do

A calculator places a property within its market, it does not appraise it. The tool on this page knows the district, the configuration, the floor area and the broad characteristics you declare. It knows nothing of the real light in the living room at three in the afternoon, of the overlooking created by the neighbouring building, of the quality of the materials, of the state of the reserve fund, or of what the same building has actually agreed in recent months.

This is where the choice of adviser makes the difference. With 47 years of experience in real estate, 32 of them in Monaco, our agency follows the Monaco market building by building and retains the memory of transactions and residences that this continuous work has produced. That depth allows us to compare your property with real comparables rather than a district average, to defend a substantiated price before a buyer and their adviser, and to identify the right moment to go to market according to current demand. This knowledge is also why the national and international press regularly turn to us on the state of the Monaco market.

One last point, often decisive: overpricing a property to leave yourself room for negotiation generally costs more than it earns. A unit advertised too high wears out on the market, buyers see it come back, and the price finally obtained is frequently lower than a correct positioning would have secured from the outset. Preparation counts here as much as price: our guide to selling an apartment in Monaco sets out the steps to follow before any launch on the market.

After the valuation: the costs to anticipate

A valuation says nothing about the net proceeds of a sale. Monaco acquisition costs, borne by the buyer, weigh on the negotiation and are worth knowing for the seller: our Monaco notary fees calculator works them out according to the ownership structure chosen.

On the yield side, the calculator gives you an indicative monthly rental potential, useful if you are weighing a sale against a letting. A hundred-square-metre property in the Carré d'Or therefore sits at around 21,504 € in monthly rent excluding charges at district asking prices, against 7,463 € in Moneghetti. The apartments currently for sale in the Carré d'Or give a concrete idea of what this level of value covers.

FAQMonaco Valuation

Frequently asked questions about property valuation in Monaco

How do you value an apartment in Monaco?

The valuation starts from the price per square metre recorded in the district and configuration of the property, then weights it according to the view, the building, the floor, the condition and the features. In July 2026, the Monaco benchmark stands at 59,942 €/m² across all configurations. The calculator at the top of this page applies that method in a few questions.

Is an online property valuation reliable in Monaco?

It is reliable as an order of magnitude, not as an appraisal. A calculator places a property within its market using real data, but it ignores the aspect, the overlooking, the quality of the materials and the history of the building. In Monaco, these factors create significant gaps between units that look comparable on paper. Only a visit makes it possible to establish a defensible value.

Which criteria change the price of a Monaco property the most?

The sea view comes first, followed by the building and the condition of the unit. These three criteria often weigh more than the district itself. Configuration also plays a part: unlike mainland markets, the price per square metre rises with floor area, a six-room property or larger trading around 55 % higher per square metre than a studio.

What is the difference between asking price and recorded transaction price?

The asking price is the price at which a property is offered on the market; the recorded transaction price is the price at which the sale actually completes before a notary. The surveys by Petrini Exclusive Real Estate cover asking prices, while IMSEE publishes recorded transaction prices, at 57,569 €/m² on average for 2025 transactions. The two sources are complementary.

Should you renovate your property before selling it in Monaco?

Condition is the only value lever an owner can act on before going to market, and a renovated property stands out immediately in a market where buyers compare within a few viewings. The decision depends on the cost of the works, their duration and the position of the unit within its building: it is judged case by case, before any launch on the market.

Is the Petrini valuation free and without obligation?

Yes. The online calculator is freely accessible and the detailed analysis then carried out by an adviser is free and carries no mandate obligation. It is handled confidentially: the value of your property and your contact details are neither published nor passed on to third parties.

How long does it take to sell a property in Monaco?

The timescale depends first on the accuracy of the starting price, then on the configuration and the scarcity of the unit. A correctly positioned property quickly meets creditworthy demand, while an overpriced unit wears out on the market and often completes below what a fair price would have secured. The chosen channel also counts, a confidential marketing campaign not following the same rhythm as a public listing.

BuyingMonaco property buying guideThe steps, the parties involved and the costs of an acquisition in the Principality.LettingRental management in MonacoEntrusting your property, securing your income and delegating tenant management.UnderstandingThe districts of the PrincipalityWhat sets apart the Carré d'Or, Larvotto, Fontvieille and the heights.OwnersOwning property in MonacoSelling, letting, managing: the decisions facing a Monaco owner.

Author

The editorial team of Petrini Exclusive Real Estate Monaco. A Monaco estate agency with 47 years of experience in real estate, 32 of them in the Principality, Petrini Exclusive Real Estate follows the market building by building and has kept, since January 2008, a monthly survey of asking prices, both sale and rental, by district and by configuration. Its analyses are regularly quoted by the French and international press. Journalists, we can provide you with substantiated data on the Monaco market: write to contact@petrini.mc.

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