Monaco · Europe
Luxury Property in Monaco
The world's most supply-constrained prime market.
The market in one paragraph
Two square kilometres, no personal income tax for residents, and consistent excess demand. Monaco is a residency and preservation decision expressed through property.
Who this market suits
- Residency
- Capital preservation
- Trophy asset
The numbers, before the brochure.
Entry price
From EUR 3M for smaller central apartments
Prime pricing
EUR 20M+ for Carré d'Or and sea-view penthouses
Gross rental yield
2–2.5% gross
Foreign / NRI ownership
No restrictions on foreign ownership
Residency
Residency requires accommodation plus bank deposit and vetting — property supports the application
Taxes & duties
No personal income tax for residents; no annual property tax
Purchase process
Offer, notarial deed with Monegasque notary — six to ten weeks.
What to watch
Advertised availability is largely off-market. Access matters more than search portals.
Where to buy in Monaco
Carré d'Or
The prime core; near-zero availability.
Larvotto
Beachfront, new-build supply.
Fontvieille
Marina-facing, larger floorplates.
Private shortlist
Want the Monaco shortlist for your budget?
Tell us your objective and budget. We will come back with specific buildings and net numbers — not listings.
Find my global property match