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The Principality of Monaco offers investors and potential homeowners a unique opportunity to live amongst the world’s elite in the most elegant and opulent surroundings.
With an ideal geographical location in southern Europe, the microstate enjoys mild winters and bright, warm summers. Over 300 days of glorious sunshine occur every year. Here, residents can immerse themselves in true Mediterranean living on the French Riviera. Monaco is known around the world as the ultimate playground for the wealthy. The country is renowned for its luxury shopping boutiques and glamorous high-value events.
The Formula 1 Grand Prix street circuit, Monaco Yacht Show at Port Hercules, and the Monte Carlo casino are just a few of its lavish highlights.
The country is also one of the safest locations on earth. The 24-hour video surveillance across the territory provides complete peace of mind for all residents.
Monaco real estate for sale covers properties of all sizes and styles. It delivers excellence in quality and facilities for those planning to live here full-time and those looking for a second home. Finding exceptional high-end real estate here is possible in many different locations.
Monaco real estate for sale
Monaco’s position as a haven for high-net-worth individuals is evidenced by it being the most expensive place in the world to buy property. The average price of a home in Monaco is $5,501,204. On JamesEdition, you can find luxury homes between 1 and 7 bedrooms with an average area of 110㎡.
There is a huge demand for new properties on the real estate market. Investors and property developers have plenty of opportunities to find their niche in the region. Several new developments are under way across the sovereign state, including luxury developments where coastal land is being reclaimed. Investors are confident that the high spending power of individuals in Monaco and limits on space for other new buildings will give them an attractive return on investment.
Buying luxury properties in Monaco particularly appeals to foreign nationals and non-French residents. The favorable tax system means that foreigners don't pay personal income or capital gains tax. Combining this with the high standard of living, exceptional amenities, and beautiful climate makes for a wonderful place to call home.
Monaco houses for sale
Where to buy property in Monaco
There are many popular areas around Monaco for property investors and those looking to buy real estate. Casino Square, Monte Carlo, is one of the most desirable and in-demand areas. Elegant Belle Epoque architecture, glamorous hotels and the world’s finest eateries are all on the doorstep. The world-famous marble and gold casino is also just a stone's throw away. And private properties benefit from the highest-standard finishes, including manicured gardens and elegant facades to match the surrounding architecture.
Meanwhile, the Carré d’Or or Golden Triangle overlooks the casino gardens and the glistening Mediterranean sea. Properties here benefit from a coveted location. Buyers can invest in Monaco villas with private swimming pools and other lavish amenities.
To the north there is La Rousse, formerly known as La Rousse-Saint Roman, which faces the attractive and unexpected cliffside delight of the Jardin Exotique. Beautiful apartments for sale in the area afford stunning views of the gardens and also down over the cliffside.
For waterfront living, Larvotto is a modern and stylish area with a soft sandy beach and a fantastic atmosphere. It boasts many fine dining restaurants and designer shopping centers to enjoy.
Further down the coast, high-end properties for sale include well-appointed apartments on Avenue Princesse Grace. The neighborhood is home to some of the most expensive real estate in the world.
Another fabulous seaside location is Fontvieille, with a grand marina and space to park yachts in front of the private apartments. It offers peace and serenity away from the glitz of Monte Carlo. Nonetheless, homeowners still benefit from excellent amenities and beautifully finished homes.
Lastly, Le Portier is an exciting new residential development expected for 2025. Once finished, it will be the eleventh ward of Monaco. The development is reclaiming land from the sea and will expand the state beyond its traditional borders.
Types of property in Monaco
Houses for sale in Monaco are mainly two to three-bed luxury apartments and penthouses. Those at a premium have panoramic sea views and swimming pools. Monaco villas are less commonly available due to the high demand for property in the region and the country's small overall area.
Villas and mansions are much more readily available just beyond Monaco in the commune of Cap Martin or Beausoleil. Both these areas still enjoy beautiful views across the French Riviera and provide more space to relax in.