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When looking for an apartment for sale in Monaco, location often plays a pivotal role. The districts of Monaco, whilst small, are distinctive in terms of price and characteristics. Flats for sale in Monaco also vary in price depending on a select criteria, normally including; which floor the apartment is on, if there is a sea view, if the building has a concierge, what facilities there are, if there is parking and if there is going to be any planned construction nearby. The buildings’ age and also the monthly charges payable also play a factor when choosing the right apartment for sale in Monaco. The districts of Monaco include Larvotto, Fontvieille, Monte-Carlo, La Condamine, La Rousse, Les Moneghetti, Jardin Exotique and Monaco-Ville.

Below are more details about each area. 

What are the different areas of Monaco you can buy an apartment in? 

Larvotto

Larvotto is the area that surrounds the Larvotto beach of Monaco. This is popular due to desirable sea views, close proximity to the beach and a vibrant local restaurant and bar scene. Larvotto is also home to the new Mareterra development which completed at the end of 2024 and comprises state of the art apartments and Monaco's first waterfront villas. The Larvotto beach has also undergone an extensive renovation with a new esplanade and more space for shops, restaurants and cafés to keep the residents and visitors alike satisfied. Larvotto is the most expensive area in Monaco with an average price per sq m of €65,800 in 2023. 

Fontvieille

Fontvieille is located in the west of Monaco on sea level and comprises a land extension that was developed between 1970 and 1990, thus it is one of the younger districts of Monaco. Fontvieille is a vibrant area of Monaco with both residential and commercial properties. It has a great shopping centre with restaurants and a supermarket making it one of the most convenient areas of the Principality. Fontvieille is home to the Monaco Heliport which provides frequent flights to Nice Airport with direct flight connections to New York, Dubai, London and other European destinations. Fontvieille is also host to an array of sporting events throughout the year including, football, rugby and athletics. Property prices in this area averaged €59,000 per sq m in 2023.

Monte-Carlo

The renowned Monte-Carlo area needs no introduction. It is home to the famous Monte-Carlo casino, Cafe de Paris and Hotel de Paris, The Hermitage Hotel and many other famous hotels and restaurants. Recently there has been the completion of two landmark residences, One Monte-Carlo and 26 Carre d’Or. Apartments in Monte-Carlo for sale on average fetch €54,000 per sq m (2023 Imsee report). 

La Condamine

La Condamine is the historic centre and shopping district of the Principality of Monaco. There is a mixture of modern and belle epoque buildings and it is the district that surrounds Port Hercules, famous for its superyachts and its part in motorsport history, being the start/finish line of the Monaco Grand Prix. There have been several new developments in recent years including the Le Stella building, designed by renowned local architect Jean-Pierre Lott. Prices in Fontvieille averaged €54,000 per sq m in 2023. 

La Rousse

La Rousse is a residential area of Monaco, known to be calm and quiet and has quick access to the beach and the Monte-Carlo Country Club. The area borders leafty Roquebrune with its coastal walks and famous architecture. The world class Bay House apartment building also completed here at the end of 2024. Prices in this area averaged €47,000 in 2023. 

Les Moneghetti 

Les Moneghetti is an older part of Monaco and neighbours the Monte-Carlo district. There are many older Belle Epoque buildings and villas. From the right balcony you can have sweeping views over Monaco and towards the sea. Prices in this area averaged €46,000 per sq m in 2023. 

Jardin Exotique

This is a quieter area of Monaco popular with families wanting a slower pace of life. There are beautiful parks and walkways and good play areas for children. The area is built on steep land resulting in some fantastic views over Monaco and the Prince’s Palace. The recent L'Exotique building provides some of the best apartments in this area. Prices in Jardin Exotique averaged €41,000 per sq m in 2023. 

Monaco-Ville

Monaco-Ville is perched upon the rock ‘Le Rocher’ and is a prestigious part of Monaco that houses the Prince’s Palace, Cathedral and the Oceanographic Museum. There is beautiful old architecture with winding narrow streets. Apartments in buildings located on the ramparts have breathtaking views either to the East or West of Monaco. Not many properties are sold in this area each year which makes creating data for the average price per sq m impossible. Savills do have a few very exclusive properties for sale in Monaco-Ville, some of them off market.