Savills – Monaco Prime Residential, 2025

The main theme of the report concerns the prime residential real estate market in Monaco.

Key findings include a rise in luxury real estate prices in global cities, including Monaco, where the average price per square meter reached a record €51,967 in 2024. The Mareterra development project added a significant number of new properties, leading to transaction volumes reaching record levels. In 2024, sales of new properties nearly hit €3.7 billion, with total sales of all properties amounting to €5.8 billion. The number of transactions in Monaco increased by 21% compared to 2023, mainly due to new sales in Mareterra. Various districts in Monaco show different price growth rates, with particularly high growth in Jardin Exotique and Larvotto.