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Monaco Real Estate

The Principality of Monaco is an independent sovereign state set in the heart of Europe, on the “Côte d’Azur” between Cannes and the Italian border. It has a resident population of approximately 35,000 and occupies just over one square mile on the Mediterranean coast. About 20% of the population is Monegasque, the remainder being a cosmopolitan mix of French, Italian, British and most other European nationalities as well as Americans, Canadians, Australians, South Africans, and Middle Eastern Nationals.

The Principality of Monaco has achieved a reputation for being a serious business centre and ideal place of residence for families wishing to live in a very safe and accessible European location with sophisticated facilities, a temperate climate and favourable tax system.

Though French is the official language, English and Italian are widely spoken and understood both in business and socially. English is the preferred foreign language for children in the highly rated local schools and is the predominant language in Monaco’s International School.

One of Monaco’s foremost attractions is the high level of security afforded to its residents due largely to the presence of a strong police force. Many of the apartment complexes have 24hr security and concierge for extra peace of mind.

The Principality legislates internally in respect of all matters of direct taxation: Monaco has chosen not to adopt any income tax, capital gains tax or withholding tax legislation. This is good news for anyone looking to purchase real estate in Monaco for a long-term home or for rental purposes.

Though undeniably built-up, Monaco still enjoys various parks and several public and private beaches.

Monaco Real Estate

The Principality is a prestige area and, as such, Monaco real estate changes hands for considerable sums. There are few bargains to be sought as can be well understood from the density and quality of much of the extant accommodation. However, its tax haven status ensures the market remains buoyant and prices stable so investment in Monaco real estate continues to be attractive.

Much of the available property in Monaco and Monte Carlo is apartments, from small studios to large luxury triplexes and penthouses. Those overlooking the harbour and Formula 1 circuit are naturally more valuable. There are also a selection of luxury villas and beautiful townhouses but these are usually somewhat more expensive.

Parking difficulties ensure that properties offering one or two spaces are highly desirable. Private purchase or rental of parking can run into several tens of thousands of Euros and, due to demand, will not necessarily be nearby.

MONACO DISTRICTS

Monaco Ville

The famous Rocher of Monaco with its fortified old town, the Prince’s Palace, the ramparts, gardens, cathedral and the Oceanographic Museum is the site most visited by tourists. Taking the time to saunter in the ancient streets, you’ll find almost 50 small boutiques containing souvenirs and local arts and crafts. When you’re hungry, charming restaurants await you, offering a large selection of regional cuisine.

Fontvieille

Fontvieille, which owes its name to an ancient spring found there, has always had an economical and industrial character. In 1905, a brewery and then a flour mill were created there, later joined by a chocolate plant and others. Today, this modern 22 hectare quarter houses numerous businesses as well as a residential neighbourhood with more than 80 stores including major name which attract shoppers from well beyond the borders of the Principality.

Jardin Exotique - Moneghetti

In Monegasque language, Moneghetti means “little Monaco”. This old quarter, which was developed toward the end of the century, combines with the Révoires and the Exotic Garden to form a large and quiet neighbourhood.

La Condamine

The natural port of Monaco has always generated commercial activities by attracting merchant ships whose cargoes could be negotiated. The oldest commercial quarter of the Principality has kept its tranquil charm and found equilibrium for its commercial diversity. The Condamine market and the proximity of the port give this neighbourhood an authentic small town feel where conviviality is the golden rule.

Monte Carlo

Built starting in 1870, during the reign of Charles III, Monte Carlo occupies the old Spelugues plateau. Surrounding ... More

Monaco Real Estate


2 bedroom Penthouse in Monte Carlo, North East Monaco for sale with 125m2 terrace - 12,500,000 EUR

2 bedroom Penthouse in Monte Carlo, North East Monaco for sale  with 125m2 terrace
Reference 172353
Penthouse in Monte Carlo
2 bathrooms

296 sqm (3184.96 sq ft) floor size

Description
This property is full of style and charm. Located in a prestigious residence in a sought-after area. This is a gorgeous duplex penthouse apartment (to be renovated) and offers great potential. Roo...

3 bedroom Apartment in Monte Carlo, North East Monaco for sale with 41m2 terrace - 8,300,000 EUR

3 bedroom Apartment in Monte Carlo, North East Monaco for sale  with 41m2 terrace
Reference 163041
Apartment in Monte Carlo
2 bathrooms

173 sqm (1861.48 sq ft) floor size
Swimming Pool
Gite

Description
Very beautiful residence located near the Monte Carlo Country Club with swimming pool, restaurant and gardens. The apartments benefit from deluxe services, such as a 24 hour caretakers lodge and visit...

2 bedroom Apartment in Monte Carlo, North East Monaco for sale with 32m2 terrace - 7,000,000 EUR

2 bedroom Apartment in Monte Carlo, North East Monaco for sale  with 32m2 terrace
Reference 164072
Apartment in Monte Carlo

142 sqm (1527.92 sq ft) floor size

Description
Situated in the highest building of Monaco, in a central position located a few steps from the Casino gardens. Very pretty views with all exposures. Very nice apartment fully refurbished, it offers h...

2 bedroom Apartment in Monte Carlo, North East Monaco for sale with 12m2 terrace - 6,000,000 EUR

2 bedroom Apartment in Monte Carlo, North East Monaco for sale  with 12m2 terrace
Reference 170288
Apartment in Monte Carlo
2 bathrooms

138 sqm (1484.88 sq ft) floor size

Description
Located in a modern portered building, close to the shops, with double entrance and direct access to the beaches (by public lift). Apartment located on a high floor designed for families. Features ...

2 bedroom Apartment in Monte Carlo, North East Monaco for sale with 20m2 terrace - 4,250,000 EUR

2 bedroom Apartment in Monte Carlo, North East Monaco for sale  with 20m2 terrace
Reference 170327
Apartment in Monte Carlo

150 sqm (1614 sq ft) floor size

Description
Located in a beautiful old building, overhanging the port of Monaco and the Principality. Charming bourgeois residence with stunning views and in excellent condition. • High ceilings • Se...

2 bedroom Apartment in Monte Carlo, North East Monaco for sale with 7m2 terrace - 2,670,000 EUR

2 bedroom Apartment in Monte Carlo, North East Monaco for sale  with 7m2 terrace
Reference 170330
Apartment in Monte Carlo
1 bathrooms

85 sqm (914.6 sq ft) floor size

Description
Fully modernised apartment, located in a central building with 24h concierge. • Close to beaches & shopping • To quality • Garden views • Air conditioning This stunning apartment...

Studio in Monte Carlo, North East Monaco for sale - 1,350,000 EUR

Studio in Monte Carlo, North East Monaco for sale
Reference 172906
Studio in Monte Carlo
1 bathrooms

Description
In the last stages of development, spacious 40m2 studio apartment, in a building with lift, located in the middle of the Boulevard des Moulins with sea views. Right in the centre of Monte Carlo, char...

3 bedroom Apartment in Fontvieille, South West Monaco for sale with 371m2 of land - 35,000,000 EUR

3 bedroom Apartment in Fontvieille, South West Monaco for sale  with 371m2 of land
Reference 173365
Apartment in Fontvieille
3 bathrooms

277 sqm (2980.52 sq ft) floor size
Swimming Pool

Description
This highly recently completed desirable duplex property is to be found in the district of Fontvieille, with fabulous views over the principality and the sea. The residence includes useful and pre...

4 bedroom Apartment in Fontvieille Marina, South West Monaco for sale with 85m2 terrace - 28,000,000 EUR

4 bedroom Apartment in Fontvieille Marina, South West Monaco for sale  with 85m2 terrace
Reference 136280
Apartment in Fontvieille Marina
4 bathrooms

388 sqm (4174.88 sq ft) floor size
Swimming Pool

Description
PRICE REDUCED - Building of great luxury completed very recently, located on the sea front in the district of Fontvieille. The residence offers useful and prestigious services with swimming pool, fitn...

4 bedroom Apartment in Carre d'Or, North East Monaco for sale - 25,000,000 EUR

4 bedroom Apartment in Carre d'Or, North East Monaco for sale
Reference 158082
Apartment in Carre d'Or
4 bathrooms

316 sqm (3400.16 sq ft) floor size
Swimming Pool

Description
Highly desirable residence ideally located in between the waterfront and the Casino Terraces, close to the future yacht club. 24h concierge service, indoor swimming pool (outdoor in the summer ). Th...



Search Monaco Real Estate

Apartment (57)

Penthouse (11)

Studio (9)


Latest Properties

Apartment in Golden Square
3,300,000 EUR
Apartment in Monte Carlo
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Penthouse in Monte Carlo
12,900,000 EUR
Penthouse in Monte Carlo
12,500,000 EUR
Studio in Monte Carlo
1,350,000 EUR
Apartment in Monte Carlo
8,300,000 EUR
Apartment in Monte Carlo
10,400,000 EUR
Penthouse in Fontvieille Marina
7,500,000 EUR
Apartment in Monte Carlo
10,500,000 EUR
Apartment in Golden Square
11,000,000 EUR
Last update: 16 December 2014 at 10:39

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