Two square kilometres, no personal income tax for residents, and permanently constrained supply. A residency-first decision, not an income one.
- Where we look
- Monte Carlo · Fontvieille · Larvotto
- Entry level
- EUR 5M+
- Rental yield
- 2–3% gross
- Foreign ownership
- Full freehold; purchase process is short and well established
- Residency
- Residency requires proof of accommodation and substantial local banking deposits
- Taxes
- No personal income tax for residents; low transaction costs
- Watch out for
- Availability, not price, is the binding constraint — patience is part of the strategy.