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Find the Best Luxury Property For Sale In Monaco

HOMEHUNTS, the award winning luxury property specialists, represents buyers exclusively across Monaco real estate, from Monte Carlo penthouses to the Principality’s newest waterfront district, Mareterra. Our team sources both publicly listed and off-market opportunities, matching international buyers with Monaco’s most exclusive addresses. If you are looking for Monaco property for sale, we will almost certainly have a suitable home for you or be able to source your exact property requirements for you.

Featured Properties in Monaco

The Monaco Real Estate Market in 2026

Monaco’s real estate market is shaped by one defining fact: there is almost no land left to build on. The Principality covers just over two square kilometres. New supply only ever arrives through land reclamation projects, the most recent being the Mareterra district. This scarcity has kept Monaco property values resilient over time. Demand from international buyers has stayed consistent, and a large proportion of transactions are completed in cash.

Unlike most property markets, Monaco real estate is almost entirely apartments and penthouses. Houses and villas exist but are rare, and buyers should expect to compete for the few that come to market. Prices vary considerably by district, building and floor level. A well-informed buyer’s agent is essential to understanding where value actually sits.

For buyers weighing Monaco against the wider Côte d’Azur, our guide to Monaco versus the French Riviera compares both markets in detail.

What Does Luxury Property Cost in Monaco?

Property values in Monaco don’t move the way they do in most markets. Because the Principality’s land area is essentially fixed, pricing is driven far more by scarcity, building quality and micro-location than by broader economic cycles. The brackets below give a general sense of what buyers can expect across the main property types, though individual pricing always depends on floor level, views and the specific building.

Apartments: One-bedroom apartments in Monaco typically start from €1M to €2M. Two- and three-bedroom apartments generally range from €3M to €10M, depending on building, floor and views.

Penthouses: Monaco’s trophy penthouses, particularly those with sea views or terraces in prime buildings, regularly exceed €20M to €30M.

Houses and Villas: Villas are rare in Monaco due to the limited available land. When they do come to market, pricing reflects that scarcity, often placing them among the Principality’s most sought-after and highly contested listings.

New Developments: Newly built stock, concentrated in Mareterra, spans large apartments, townhouses and a small number of waterfront villas. Given the limited number of units released and their scale, pricing sits at the very top of the Monaco market.

Monaco’s Neighbourhoods

Monaco is small enough to cross on foot in under an hour, but its districts have distinct characters and price points. Some, like Monte Carlo, are built around prestige and proximity to the Principality’s landmarks. Others, like Jardin Exotique or Moneghetti, offer a quieter setting and a more accessible entry into the market. Knowing which district fits your priorities is often as important as the property itself.

Monte Carlo: Monaco’s most prestigious district, home to the Casino, Opéra de Monte-Carlo and the highest concentration of ultra-prime apartments and penthouses.

La Condamine: The harbour district surrounding Port Hercule, offering a mix of traditional and modern buildings with strong rental appeal.

Fontvieille: A newer, more residential quarter built on reclaimed land, known for contemporary apartment buildings and marina views.

Larvotto: Monaco’s main beach district, popular for its proximity to the sea and more contemporary residential developments.

Jardin Exotique: A quieter residential district on Monaco’s western hillside, known for more spacious apartments and greener surroundings than the coastal core.

Saint Roman: A residential pocket bordering Monte Carlo, offering a slightly more relaxed setting while staying close to the Principality’s centre.

Monaco-Ville: The historic old town on the Rock, home to the Prince’s Palace and Monaco’s medieval core. Its property stock is smaller and more distinct than the modern districts.

Moneghetti: A quieter, more residential hillside area offering some of the Principality’s more accessible entry points.

Mareterra – Monaco’s Newest Address: Mareterra is Monaco’s newest district, built on roughly six hectares of land reclaimed from the sea between Larvotto and Monte Carlo. It was officially inaugurated in December 2024, the first major expansion of Monaco’s land area in decades. It’s also the only source of new residential stock in the Principality for the foreseeable future.

The district is largely pedestrianised. A landscaped park, a small marina and a waterfront promenade surround a limited collection of residences: apartments, penthouses, townhouses and a small number of waterfront villas. Supply is tightly capped, so demand from international buyers has been strong since launch, and availability is expected to stay limited.

Buying Property in Monaco

Looking for guidance on the buying process, residency and tax considerations, or how a buyer’s agent works on your behalf? Read our full guide: Buying Property in Monaco

Frequently Asked Questions

Apartments typically start from €1M for a one-bedroom, with two- and three-bedroom apartments ranging from €3M to €10M. Penthouses and new-build residences in districts like Mareterra regularly exceed €20M.

It depends on what you’re looking for. Monte Carlo suits buyers who want the most prestigious address and easy access to the Casino and central Monaco. Fontvieille and Larvotto appeal to those who want more contemporary buildings and marina or beach proximity. Mareterra is the choice for buyers seeking Monaco’s only new-build stock.

Yes. Mareterra, inaugurated in December 2024, is Monaco’s newest district and the only source of new residential stock, built on reclaimed land between Larvotto and Monte Carlo.

Yes. Many of Monaco’s most desirable properties are sold discreetly and never reach public listing portals. Working with a buyer’s agent gives access to these off-market opportunities.

Yes, there’s no restriction on foreign ownership of Monaco real estate. For detail on residency, tax and the full buying process, see our buying guide.

It isn’t a legal requirement, but given Monaco’s limited public listings and the number of properties sold off-market, a buyer’s agent gives you access to the full market rather than just what’s publicly advertised. The service is free to buyers, as commission is paid by the seller. Our full guide covers how this works in more detail.

Home Hunts works exclusively for buyers in Monaco, giving you access to off-market listings alongside our full portfolio of apartments, penthouses and villas. Contact us to discuss your search.

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