Monaco Real Estate For Sale
The Monaco’s real estate offers luxurious properties to buyers from all around the world. The market consists mainly of apartments and penthouses; villas represent less than one percent of all properties available for sale. The demand for properties in Monaco remains very high and is likely to continue into the future. The Principality has been attracting wealthly individuals and families wishing to live in a very safe and sophisticated European location with a mild climate and favourable taxation system.
Lepidus Properties assists individuals, families, and institutional investors in finding the right property while providing advice and guidance throughout the entire process. We offer our clients a personalized service with a deep insight into the real estate market in Monaco. Our property portfolio includes direct listings from international property owners/investors, Monaco’s real estate developers, and associated international and local estate agents. To ensure the highest quality of our real estate listings, we assess the attractiveness of each property using the following six quality indicators:
- current and future attractiveness of the location (location’s infrastructure, prestige, planned developments in the area, etc)
- general property profile (building’s amenities, prestige, governing laws, technical condition, etc)
- property features and quality (quality of the materials, attractive features, technical condition, presence of the ‘mixte use’ option, etc)
- current property market value (asking prices benchmarked against similar properties in the same building and/or area)
- potential for property value appreciation (evaluation based on the type of property, historical data, expected demand, etc)
- property rental income potential (current and future rental income potential, governing laws, etc)
Monaco Apartments for sale
The choice of apartments for sale in Monaco is impressive, from small studio apartments to luxury duplexes, triplexes, and roof-top penthouses with beautiful sea views. The most prestigious properties in Monaco are located in Monte Carlo’s Carré-d’Or, also known as the Golden Square which was founded in the 19th century by the Prince Charles III. Some of the most iconic and luxurious residential buildings located in the Golden Square include Le Metropole, the Park Palace, the Floralies, George V, Le Mirebau or the Petite Afrique, which is one of the newest and most modern additions to the Monte Carlo’s skyline.
As Monaco apartments for sale are available in all districs, finding the right property requires a decision on the specific area we would like to live in. Each location has something different to offer, from the five-star living at Tour Odeon – currently the tallest residential building in Monaco – located in the La Rousse district to the luxurious waterfront Terrace du Port in the Fontvieille district. The La Condamine district offers apartments with a straight view on the port and on the Circuit de Monaco, which is popular among the F1 enthusiasts. One of the most prestigious buildings in La Condamine is Porto Bello.
Other popular districts include the Larvotto district, Jardin Exotique and Moneghetti. The sought after buildings in the Larvotto district include Park Saint Roman, Monte Carlo Sun, Villas del Sole. In addition, on the Avenue Princesse Grace, there are two building where apartments are offered for sale; La Reserve and 21 Princess Grace.
Monaco Villas for Sale
Monaco villas for sale are sought after by many international buyers wishing to relocate to Monaco with their families. The availability of luxury villas for sale is limited and the demand often exceeds the supply. As already noted, apartments represent the majority of properties offered for sale in the Principality. The villas in Monaco are scaterred throughout different districts, inclduing Monte Carlo. The Boulevard de Suisse in Monte Carlo is one of the unique streets, which offers many luxurious villas for sale.
Regardless of the property type or the location, there are other important factors specific to Monaco that should be considered when selecting an apartment or a villa. One of the considerations is whether or not the property will be used for business purposes. Certain properties can qualify for the dual purpose usage (‘mixte use’) where the owner can live in the property and use it for business purposes at the same time. Another consideration is whether the property will be rented to non-Monégasques. Lepidus Property will assist you in the selection of the perfect property that meets your lifestyle preferences and other requirements.