Investment property in Monaco: what to buy and what it costs
Studio apartment in Moneghetti district
$1,180,000
A 30 m² studio with a kitchenette in a 1930s building in Moneghetti in the west of Monaco, near the railway station and the border with France, with buses to the port and Monte-Carlo, schools and shops. Moneghetti is a residential district on the slope above the port where a square metre costs less than anywhere else in the principality, and studios here are rented by staff of banks, clinics and restaurants.
Studio apartment in Jardin Exotique district
$1,340,000
A 32 m² studio with a kitchenette and a balcony in a 1950s building in Jardin Exotique on the western slope of Monaco, by the Exotic Garden, with buses to the port and the centre, schools and shops. Jardin Exotique is a quiet residential district above Fontvieille with sea views, and studios here are rented by young professionals and staff of companies in the principality.
Studio apartment in La Condamine district
$1,590,000
A 32 m² studio with a kitchenette in a 1920s building in La Condamine by Port Hercule and the market, near the railway station, buses, schools and shops. La Condamine is the business and shopping centre of Monaco between the port and the Rock, and studios here are rented by staff of banks, offices and shops who like to walk to work.
Studio apartment in La Rousse district
$1,660,000
A 30 m² studio with a kitchenette and a balcony in a 1970s building in La Rousse in the east of Monaco, by the border with France, with buses to Monte-Carlo and the port, schools and shops. La Rousse is a residential district of tower blocks above Larvotto beach, and studios here are rented by staff of banks, family offices and hotels.
Two-room apartment in Moneghetti district
$2,220,000
A 50 m² two-room apartment - a living room and a bedroom, a kitchen and a balcony in a 1950s building in Moneghetti in the west of Monaco, near the railway station, with buses to the port and Monte-Carlo, schools and shops. Two-room apartments here are rented by couples and new residents of the principality who need a one-year lease for a residence card.
Two-room apartment in Jardin Exotique district
$2,410,000
A 50 m² two-room apartment - a living room and a bedroom, a kitchen and a balcony in a 1970s building in Jardin Exotique on the western slope of Monaco, with views of the sea and Fontvieille, buses to the port and the centre, schools and shops. Apartments here are rented by couples and families of staff of companies in the principality.
Two-room apartment in La Condamine district
$2,750,000
A 50 m² two-room apartment - a living room and a bedroom, a kitchen and a balcony in a 1950s building in La Condamine by Port Hercule, near the railway station, the market, buses, schools and shops. Two-room apartments in the centre of the principality are rented by staff of banks and offices and by new residents of Monaco.
Two-room apartment in Fontvieille district
$3,070,000
A 55 m² two-room apartment - a living room and a bedroom, a kitchen and a loggia in a 1990s building in Fontvieille on reclaimed land by the Fontvieille port, near the shopping centre, the Louis II stadium, a park, schools and buses to the centre. Fontvieille is a new residential and business district by the sea, and apartments here are rented by families and staff of the district's offices.
What properties investors buy in Monaco
Above are the most interesting offers selected by our experts. The manager will find a property that fits your requirements.
Studios and two-room apartments in Moneghetti, Jardin Exotique, La Condamine, La Rousse and Fontvieille, rental yield, taxes, transaction costs and the purchase rules for foreigners.
A foreigner buys an apartment in Monaco without permits or restrictions. According to Monaco Statistics, in 2025 the average apartment transaction price was about $64,510 per m², in Larvotto $79,740, and in Moneghetti and Jardin Exotique, the most affordable districts of the principality, $49,070 and $50,610. A 30 m² studio in Moneghetti can be bought for $1,180,000 and a two-room apartment in Fontvieille for $3,070,000, long-term letting brings 3.0-3.7% a year before building maintenance charges, and Monaco levies no income tax on rent.
On this page: studios and two-room apartments in Moneghetti, Jardin Exotique, La Condamine, La Rousse and Fontvieille, prices by district, rental yield, taxes, transaction costs and the purchase rules. A two-room apartment in Monaco is a living room and a bedroom with a kitchen. The buyer pays a 4.75% registration duty on the price, and the contract is signed before a Monaco notary. The manager will confirm what is for sale today and the exact price.
The market in brief
Prices and rules as of 2026.
How much an apartment in Monaco costs in 2026
Property prices in Monaco are quoted in euros. According to Monaco Statistics, in 2025 apartments sold for the most in Larvotto - an average of $79,740 per m². Monte-Carlo ($60,520), Fontvieille ($58,850), La Condamine ($58,380) and La Rousse ($57,440) sit at the middle level, and the most affordable districts of the principality are Jardin Exotique ($50,610) and Moneghetti ($49,070). The price depends heavily on the year the building was built: in buildings from before 1940 a square metre costs $47,220 on average, in buildings from the 2020s $73,510. Over the year the average price per square metre in the principality fell by 1.4%, while in Monte-Carlo and Fontvieille it rose by 4.8% and 4.5%.
| District | Average apartment price per m² | Prices year on year |
|---|---|---|
| Larvotto | ~$79,740 | +2.2% |
| Monte-Carlo | ~$60,520 | +4.8% |
| Fontvieille | ~$58,850 | +4.5% |
| La Condamine | ~$58,380 | -0.7% |
| La Rousse | ~$57,440 | +3.2% |
| Jardin Exotique | ~$50,610 | -3.7% |
| Moneghetti | ~$49,070 | +3.3% |
| All of Monaco | ~$64,510 | -1.4% |
Monaco Statistics data on apartment transactions for 2025: the price per square metre estimated with a model that accounts for the district and the year the building was built; «Prices year on year» is the change against 2024. The prices in the cards are calculated with the same model for the district and the building's construction period. Euros converted at the European Central Bank rate of 1.1205 dollars per euro on 22 October 2026, dollars rounded.
What yield letting brings
The gross yield of long-term letting is 3.0% to 3.7% a year before building maintenance charges: higher in Moneghetti and Jardin Exotique, where a square metre costs less. According to our data on the Monaco market for 2026, a one-bedroom apartment outside the centre lets for $6,030-8,260 a month and in the centre for $6,950-9,150, and rent averages about $140 per m² a month. A 30 m² studio in Moneghetti lets for about $3,600 a month, a 50 m² two-room apartment for $6,000, and in La Condamine for $7,000. Apartments are rented by staff of banks, family offices and companies in the principality, and by new residents who need a lease of at least 12 months for a residence card.
| Tax | Rate |
|---|---|
| Long-term letting | Monaco levies no income tax on rent; the income is taxed under the rules of the owner's country of tax residence |
| Sale of the apartment | Monaco has no capital gains tax |
| Every year | no property tax; the owner pays the building's maintenance charges |
Data for 2026: yield for the districts in the cards; the country comparison is in the rental yield table.
French citizens pay income tax in France even while living in Monaco, and a non-resident owner accounts for rental income under the taxes of their own country. In Monaco apartments are let for a year or longer, and investors choose long-term letting. Rates and examples are on the taxes in Monaco page.
What costs to add to the property price
| Payment | Amount |
|---|---|
| Registration duty | 4.75% of the price when buying as an individual; in a new building VAT of 20% replaces the duty and is included in the price |
| Notary | about 1.5% of the price; in Monaco the contract is signed only before a notary |
| Agency | usually 3% of the price plus 20% VAT |
| Buying through a company | a company that does not disclose its owners pays the duty at a higher rate |
Data for 2026. For a $1,180,000 studio in Moneghetti the 4.75% duty comes to about $56,100, the notary to about $17,700 and the agency with VAT to about $42,500; document translation and bank transfer fees are paid separately. The manager calculates the total for a specific property.
In Monaco the source of funds and the building's rules are checked before the contract
Mistakes cost more than the deal: money the bank will not accept without proof of its source, an area per the documents smaller than promised, debts for the building's maintenance charges, a ban on letting in the building's rules. Murblz support removes these risks: we select an apartment for your budget and goal, check the seller's title and the building's documents, calculate costs and yield, agree the payment route and handle the deal before the notary until the title is registered in your name.
The cost of support depends on the purchase budget and the goal - letting or a home for yourself; the manager will calculate it in the chat.
Buying without restrictions for foreigners
A foreigner buys an apartment in Monaco without permits or restrictions - personally or through a company. A Monaco notary handles the deal: the parties sign a preliminary contract with a deposit of about 10%, and the final contract usually 2-3 months later. The notary and the bank check the source of the buyer's funds, so we agree the payment route before the preliminary contract. Before the deal we check the seller's title, mortgages, debts for the building's maintenance charges and the building's rules on letting.
Buying an apartment does not by itself give a residence permit, but an owned or rented home is required for a residence card together with an account at a Monaco bank holding about $560,000. That is why an apartment is often bought as part of a relocation plan: it covers the housing requirement, and until the move it can be let. The conditions are on the Monaco residence permit page, and the manager will send a selection of apartments for your goal to the chat.
How we select a property
- Budget and goal: letting or a home for a residence card. The manager clarifies the district, floor, view and the year the building was built - a 1930s building in Moneghetti or a 1990s building in Fontvieille.
- Buyer's documents: passport, proof of address, proof of income and source of funds, bank statements - the notary and the Monaco bank check them.
- A selection of real properties and checks: the seller's title, mortgages, debts for building charges, the building's rules on letting and the area per the documents - before the preliminary contract.
- The deal: a preliminary contract before the notary with a deposit of about 10%, the final contract 2-3 months later, payment of the 4.75% duty and registration of the title.
The manager sends the selection to the chat, with sellers' prices on the date of the selection.
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More on buying in this country:
- Property in Monaco for foreigners: search and legal checks
- Tax residency in Monaco
- Monaco residence permit
- Taxes in Monaco
- How to send money to Monaco
- Business account in Monaco
- Monaco: city and relocation guide
- Monaco: all programs
All countries and budgets compared - on the page Investment property abroad.
FAQ
How much does an apartment in Monaco cost in 2026?
Can a foreigner buy an apartment in Monaco?
Does buying property give residence in Monaco?
What yield does letting an apartment in Monaco bring?
What tax is paid when buying property in Monaco?
What are the costs of buying property in Monaco?
Is there a property tax in Monaco?
Where to buy an apartment for investment in Monaco?
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