Monaco 98000 • Transactions & Ultra-Prime Real Estate
Luxury sales in Monaco: records and transactions
In Monaco, the most important real estate transactions reveal a particular facet of the market: extreme scarcity of land, power of prestigious addresses, weight of iconic residences and increasing concentration of capital on truly irreplaceable assets.
In one of the world's most expensive real estate markets, the most spectacular transactions are not only interesting for their value. They provide insight into
where real estate value is currently concentrated in Monaco, what types of properties attract the largest budgets, and why some properties almost completely defy market averages.
Large family apartment, penthouse overlooking the Mediterranean, property in the Carré d'Or, contemporary residence in Larvotto or exceptional property in Mareterra: the top of the Monegasque market is increasingly functioning as a market in its own right.
An important point to note: not all of the most prestigious real estate transactions are made public.
A portion of the ultra-prime market is traded discreetly, through professional connections or off-market channels. It would therefore be misleading to present a list of known sales as if it represented the entirety of the actual market.
This page relies primarily on public statistics and documented major trends, including those from IMSEE, supplemented by publicly verifiable information.
This page will evolve:
Propriétés De Charme will be able to enrich this article as new publications from the Real Estate Observatory, the Economic Bulletin and notable transactions are made public.
€3.25 billion
total amount of resales recorded in 2025
22
resales exceeding 20 million euros in 2025
€1.1 billion
in resale volume in Monte Carlo in 2025
€57,569/m²
estimated average price per square meter in 2025
Port Hercule and Monte Carlo: Land scarcity in all its dimensions.
In an extremely constrained area, address, residence, height, view, and orientation can create considerable differences in value between two properties that are geographically close. Photo: Benoît Prieur — Wikimedia Commons — CC0.
💎 Why do major sales tell us so much about the Monegasque market?
An average real estate price helps to understand the general level of the market. But it doesn't always describe what's happening at the top of it.
01The concentration of value
Transactions exceeding several tens of millions of euros show that the largest capitals are concentrated on a limited number of exceptional properties.
02Scarcity squared:
Monaco structurally lacks land. Within this scarce market itself, very large properties, penthouses, villas, and properties with exceptional views are even rarer.
03The power of the address
Carré d'Or, Larvotto, Mareterra or certain emblematic residences can create micro-markets whose references exceed the general averages.
📊 2025: A historic year for resales in Monaco
The available figures show a dramatic increase in the overall amount of real estate resales.
€3,249.7M
A new peak for resales
The total amount of resales recorded in Monaco has exceeded the threshold of three billion euros for the first time in a year.
22 transactions
The segment above €20 million
Twenty-two resales exceeded €20 million, illustrating the rise of the ultra-prime market and so-called "trophy" assets.
164 resales
Monte-Carlo remains a centre of gravity
Monte-Carlo recorded 164 resale transactions and approximately 1.1 billion euros in volume in 2025.
13
Larvotto resales: few transactions, enormous value.
With only thirteen resales but around 851 million euros in volume, Larvotto perfectly illustrates the exceptional concentration of value on certain assets.
📍 Where are the most prestigious transactions concentrated?
There is no single Monaco real estate market. The characteristics of transactions vary greatly depending on the neighborhood, the residence, and the type of property.
Monte-Carlo
Centrality, Carré d'Or, iconic residences and proximity to the Casino make it one of the main hubs of the luxury market.
In the Carré d'Or,
availability is structurally low. A prestigious address, a high floor, or an unobstructed view can create exceptional references.
Larvotto
seafront, avenue Princesse Grace, contemporary residences and proximity to Mareterra place this sector at the top of certain transactions.
La Rousse – Saint Roman
Tour Odéon, large residences, heights and sea panoramas attract a clientele seeking large spaces and services.
Fontvieille
Marina, terraces, established residences and residential environment make Fontvieille a specific market.
Mareterra
The district has introduced to Monaco a new generation of ultra-prime apartments, penthouses, townhouses and villas.
Larvotto: the seafront, an extremely rare real estate resource.
Transactions in Larvotto perfectly illustrate the difference between volume and value: few properties change hands, but some reach prices far exceeding the Monegasque average. Photo: Benoît Prieur — Wikimedia Commons — CC0.
🏆 What does a "record" sale in Monaco really mean?
The term "record" should be used with caution. The total amount of a transaction only tells part of the story.
The overall amount:
An extremely large apartment can naturally reach an exceptional total price without necessarily holding the record for price per square meter.
The price per square meter
Conversely, a more compact property but benefiting from an address, a view or extreme rarity can reach a spectacular unit price.
The nature of the property
– penthouse, duplex, villa, family apartment, new residence or fully renovated property – cannot be compared without caution.
The
name of a building can become a true real estate signature and strongly influence the perception of the property.
Floor and view:
In Monaco, a few extra floors or a total opening onto the Mediterranean can change the very category of the property.
Confidentiality:
Some of the most important operations are never the subject of detailed public communication.
🌊 Mareterra: the new has changed the scale of the market
The delivery of Mareterra represented a major real estate event for the Principality.
In a state where available land is extremely limited, the creation of a new district on six hectares reclaimed from the sea has simultaneously introduced a very high-level real estate offering.
The Renzo
Apartments, duplex, triplex and penthouse quadruplex are among the typologies of the building designed by Renzo Piano Building Workshop.
The Jardins d'Eau
residential volumes, terraces, vegetation and Mediterranean views contribute to a new interpretation of the ultra-high-end Monegasque lifestyle.
Villas & townhouses
These typologies are particularly rare in the Monegasque territory and contribute directly to the exceptional nature of the program.
Mareterra: A New Generation of Ultra-Prime Transactions.
Delivered in 2024, the new maritime district introduced properties whose design, size, amenities, and rarity further shift the top of the Monegasque real estate market. Photo: Mmferrero — Wikimedia Commons — CC0.
🏢 Monaco Agencies: Showcase your exceptional properties
The properties that contribute to the international reputation of the Monegasque market deserve communication that matches their positioning.
Propriétés De Charme is expanding its environment dedicated to Monaco
and wishes to welcome professionals who market apartments, penthouses, villas and ultra-prime properties in the Principality.
🌍 Additional visibility
Add Charming Properties to your own media, portals and broadcast networks.
⭐ Featured
A remarkable mandate can benefit from a much more developed editorial presentation than a simple announcement sheet.
🏢 Professional presence
The agency remains identified as the point of contact and can have a dedicated presence on the portal.
Behind the records, the amounts and the prices per square meter, it is above all the absolute rarity of certain properties that explains the peak of the Monegasque market.
Explore the Monaco section of Propriétés De Charme, view available properties or contact us if you are a professional wishing to advertise prestigious listings.
Sources and methodology — information verified in September 2026
IMSEE — Monegasque Institute of Statistics and Economic Studies.
Real Estate Observatory, statistics on sales, resales, districts, financial volumes and prices.
Important:
High-profile real estate transactions may be confidential, off-market, or only partially publicly documented. Therefore, this page does not claim to list all private sales carried out in the Principality. It presents major trends and documentable transactions from verifiable public and professional sources.
