Monaco Real Estate investment

Monaco real estate investment with Miells & Partners - Meeting in the bank

A Monaco real estate investment offers interesting opportunities in a country where demand, driven by ultra high net worth individuals, greatly exceeds supply.

High prices and a lack of space for new-builds


Property prices in Monaco are the highest in the world, with buyers paying an average of 41,300 euros per square metre in 2017. Monaco has a surface area of 2.02km2, having gained additional space in the 1970s through a land reclamation project. One of the new projects, which is due for completion in 2025, will create more than six hectares of residential and public space on what is now the Mediterranean Sea. However, this will not significantly redress the imbalance between supply and demand, which is good news for investors.

Finding Monaco real estate investment opportunities


Property does not stay on the market long or is not even put on the market: many transactions take place off-market. Certain types of property make particularly good investments. With such little land to build on, Monaco has logically chosen to build vertically, meaning villas are rare and highly sought after. Properties with sea views or near Larvotto beaches will always be in demand and an apartment in a neighbourhood where there is no likelihood of a new-build blocking the view also represents a valuable Monaco real estate investment.

The tax system


One of the reasons why people opt to make a Monaco real estate investment is the favourable tax system. With the exception of French nationals, residents have not paid personal income tax since 1870. There is no wealth tax, annual property tax or council tax. In addition, no inheritance tax is levied on property transferred between immediate family members.

A safe environment in a beautiful location


Residents appreciate living in a place where they feel safe. Monaco has a very low crime rate and a strong police presence, with one police officer per 100 residents. A video surveillance system operates 24/7 across the entire Principality and many apartment buildings have their own video surveillance. Monaco enjoys 300 days of sunshine per year and its geographical location gives residents plenty of opportunities to explore France and Italy. The city-state’s proximity to Nice airport is another important asset.

Miells & Partners have a wide range of investment properties available here.

Why make a Monaco real estate investment?

  • Demand greatly exceeds supply

  • A favourable tax system

  • A beautiful location with easy access to Nice airport

  • • A very safe environment

  • • An enviable lifestyle

  • • Political stability and climate







Luxurious apartment in Larvotto with sea view

€32,900,000

4 bedrooms | 437 m2

This vast apartment is situated in 21 Princesse Grace, a luxurious residential building on the famous street of the same name.

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Spacious office on the port of Monaco

€9,800,000

These spacious office premises offer a magnificent view over Port Hercules.

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Rare Studio Apartment in Monaco-Ville

€1,300,000

28 m2

Rare studio property centrally located in prime Monaco-Ville.

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Airy Studio Apartment in Chateau Perigord II

€1,250,000

25 m2

Airy Studio Apartment in Chateau Perigord II

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Studio with easy access to Larvotto beaches

€1,090,000

21 m2

Bright, peaceful studio located in Chateau d'Azur, which can be accessed from Boulevard d'Italie and Boulevard du Larvotto. The studio is well laid out and can be used as an office.

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Commercial property for food business

€680,000

Commercial property available for food-related activities. This can include the production and sale (retail or wholesale) for food products. Ideal for bakery, ice cream parlor, patisserie or catering....

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Two-bedroom apartment in Jardin Exotique

Price on request

2 bedrooms | 181 m2

This apartment will be located in L'Exotique, an extraordinary building scheduled for completion in March 2022.

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Luxury 3 Bedroom Apartment in Tour Odéon

Price on request

4 bedrooms | 662 m2

A luxurious four-bedroom apartment on the 28th floor of the famous Odeon Tower, an ultra-modern building with numerous high-end services and facilities.

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