Apartments in Monaco: Opportunities for Buyers in 2025

Monaco is one of the most prestigious and expensive places to buy real estate in the world. Its unique location on the French Riviera, mild climate, absence of personal income tax, and high level of security make the principality especially attractive to wealthy investors. In 2025, Monaco’s real estate market continues to show stable growth, offering both luxury housing and lucrative investment opportunities. This review explores key trends, prospects, and potential risks when purchasing an apartment in Monaco.
1. Current Real Estate Market Situation in 2025
1.1 High Demand and Limited Supply
Monaco remains one of the most sought-after real estate markets in the world. Limited land availability, strict building regulations, and a high standard of living contribute to a steady rise in prices. In 2025, the average price per square meter in prestigious areas of the principality reaches €50,000–70,000, while in elite complexes, prices may exceed €100,000 per square meter. Despite the high cost, demand for housing remains consistently high.
1.2 New Projects and Land Expansion
Although Monaco has limited space, authorities actively work on developing new residential properties. One of the most ambitious projects is Mareterra (Portier Cove), a modern residential complex built on reclaimed land. This district offers luxurious residences with sea views, private villas, green spaces, and a well-developed infrastructure.
1.3 Attractive Conditions for Foreign Buyers
Monaco imposes no personal income tax, property tax, or capital gains tax, making it a highly attractive option for investors. Buyers from around the world consider the principality not only as a place for comfortable living but also as a secure jurisdiction for capital preservation.
2. Opportunities for Buyers
2.1 Long-Term Investments
Apartments in Monaco serve as a reliable investment tool. Over the past ten years, property values have increased by an average of 5–7% per year, making real estate purchases a profitable capital investment. Limited supply and high demand help sustain this trend in the future.
2.2 High Quality of Life and Security
Monaco provides its residents with an exceptional quality of life, high-level healthcare services, prestigious schools and universities, advanced infrastructure, and one of the lowest crime rates in the world. This makes the principality an ideal place to live.
2.3 Rental Income Opportunities
Due to the high property costs, rental apartments in Monaco are in high demand among entrepreneurs, expatriates, and tourists. The average rental rate for luxury apartments ranges from €5,000 to €15,000 per month, making real estate investments attractive for long-term income generation.
3. Key Considerations When Buying an Apartment
3.1 Choosing the Right District
Each district in Monaco has its own characteristics and offers different living conditions:
• Monte-Carlo – The central district with the most prestigious apartments, famous for its casino, restaurants, and boutiques.
• Fontvieille – A modern area with new residential complexes, waterfronts, and office buildings.
• La Condamine – A business hub with well-developed infrastructure and an active commercial life.
• Larvotto – An elite coastal district with the principality’s best beaches.
3.2 Real Estate Purchase Process
Buying an apartment in Monaco requires a notarized transaction, ensuring its legal validity. Foreigners can acquire property without restrictions, but additional costs apply:
• Agency commission – 3% of the property price.
• Transaction registration and other fees – around 6% of the purchase amount.
4. Risks and Challenges
4.1 High Entry Cost
Real estate in Monaco is among the most expensive in the world, making the market accessible only to a select group of investors.
4.2 Limited Property Availability
Due to Monaco’s small territory, the volume of available properties remains low. High demand makes the purchasing process highly competitive, with many properties being sold even before completion.
4.3 Strict Construction Regulations
New construction in Monaco is subject to strict regulations, limiting the number of new residential complexes. This helps maintain high property values but also makes finding suitable housing more challenging.
5. Monaco Real Estate Market Outlook for 2025
Experts predict that in 2025, the principality’s real estate market will remain stable, with moderate price growth. Key factors influencing the market include:
• A continued influx of wealthy buyers from Europe, Asia, and the Middle East.
• The development of new projects such as Mareterra, expanding opportunities for buyers.
• Limited supply, ensuring sustained property value growth and ongoing investment appeal.
Buying an apartment in Monaco in 2025 is a prestigious investment that offers a high quality of life, tax advantages, and stable price growth. Despite the high entry cost, real estate purchases in the principality remain a secure and profitable option for investors seeking capital preservation and appreciation. A well-considered choice of district, legal support, and understanding of market trends will help make the purchase both safe and highly beneficial.