Most expensive residential areas in Monaco
Monaco’s most expensive areas include Carré d’Or, Larvotto, La Rousse, and Fontvieille. These districts offer ultra-luxury residences, breathtaking sea views, and world-class amenities. With prices reaching over €100,000 per square meter, they attract elite investors, celebrities, and international billionaires seeking exclusivity. Find below a selection the most expensive residential areas in Monaco, each paired with exclusive apartment developments/buildings:
1. Carré d’Or (Monte‑Carlo)
The pinnacle of Monaco’s prestige — near the Casino and Place du Casino.
- One Monte‑Carlo: ultra-luxury complex with concierge and spa; average prices from €60 000–€70 000/m², peaking at €100 000/m² for penthouses.
- Le Mirabeau: former hotel; for-sale 2-bed apartment (
164 m²) priced at €14.3 M (€87 000/m²). - Park Palace: sea-view studios (≈86 m²) listed around €6.5 M (~€75 000/m²).
2. Larvotto / Avenue Princesse Grace
Monaco’s most coveted beachfront address — regularly named the world’s priciest street (~$17 750/ft² ≈ €191 000/m²).
- La Réserve: a 159 m², 2-bedroom apartment with terrace listed at €12.4 M (~€78 000/m²).
- Roccabella Tower (on Avenue Princesse Grace): major brand tower; typical units command €80 000–€120 000/m².
- Bay House Monaco (under development): off-plan beachfront residences expected to match Larvotto’s ultra-premium pricing.
3. La Rousse – Saint Roman
High-rise district known for panoramic sea views.
- Tour Odéon: Monaco’s tallest skyscraper. A 600 m² 4-bedroom flat is listed at €55 M (
€92 000/m²); top penthouse reached €300 M (€85 000/m² across 3 500 m²). - Residences in La Rousse Parc Saint Roman: modern sea-view apartments around €50 000–€60 000/m².
- L’Annonciade Tower: established luxury tower in the district; likely priced €50 000–€70 000/m².
4. Fontvieille
Newer, quieter marina district—luxury living near the harbor.
- Les Terrasses du Port: waterfront residences with marina views, commanding around €55 000–€60 000/m².
- Le Memmo Center: a modern high-rise with premium layouts, estimated at €55 000/m².
- Seaside Plaza: boutique waterfront building with prices in the €50 000–€60 000/m² range.
📊 Price Overview
Area | Price Range (€/m²) |
---|---|
Carré d’Or | €60 000 – €100 000+ |
Larvotto / Grace Avenue | €78 000 – €191 000 (ultra-premium) |
La Rousse – St Roman | €50 000 – €92 000+ |
Fontvieille | €50 000 – €60 000 |
In summary:
- Carré d’Or is Monaco’s mainstream luxury hub, flirting with €100 000/m².
- Larvotto, especially along Avenue Princesse Grace, edges into record-breaking territory (~€190 000/m²).
- La Rousse offers iconic tower residences, including the extraordinary Tour Odéon.
- Fontvieille offers high-end marina living at slightly lower, but still steep, pricing.
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