Monaco remains one of the world’s most exclusive property markets in 2025, attracting high-net-worth investors with its limited supply, zero income tax, and lavish lifestyle. Whether you’re looking to invest in a sea-view apartment or relocate to a tax-efficient enclave, understanding the housing and cost-of-living landscape is essential.
Average House Prices in Monaco (2025)
As of 2025, the average price per square metre in Monaco stands at €51,967, with prime areas like Monte-Carlo and Larvotto exceeding €100,000 per square metre (Source).
New build properties are priced even higher, with the average reaching €36.4 million—six times the price of resale homes (Source).
Rental Prices in Monaco
Rental costs reflect the city’s elite market. In 2025, monthly rents in Monaco average:
- One-bedroom apartment (city centre): €4,000 – €6,000/month
- Three-bedroom apartment (luxury area): €15,000 – €25,000/month
- Exclusive penthouses or villas: €30,000+/month
Luxury rentals are highly sought after, particularly in areas near the port, Casino Square, and Mareterra—a reclaimed coastal district with world-class facilities (FT.com).
Cost of Living in Monaco
While Monaco offers no income, capital gains or wealth tax for residents, it is still among the most expensive places to live in Europe. Notable monthly costs include:
- Utilities (electricity, heating, cooling, water): €200 – €300
- Groceries for two: €800 – €1,200
- Dining at mid-range restaurant (2 people): €150 – €300
- Private school fees: €20,000 – €40,000/year
Overall, Monaco’s cost of living is approximately 60–80% higher than in neighbouring France or Italy, reflecting its premium lifestyle and global appeal.
Why Invest in Monaco in 2025?
- Strong capital appreciation driven by limited land and high demand
- Favourable tax laws for residents
- Stable political and economic environment
- Safe, clean, and extremely well-connected
Major developments such as Mareterra, L’Exotique, and Bay House are adding ultra-modern residential units to the market, maintaining Monaco’s status as a future-forward destination for elite buyers (Savills).
Final Thoughts
If you’re considering buying luxury property in Europe, Monaco offers unmatched prestige, privacy, and long-term investment value. Browse our latest listings at EuropeanProperty.com and find your place in the world’s most desirable real estate market.
