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Larvotto Breaks the €70,000 Barrier as Monaco Property Market Redefines Itself

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by Natalia Bezruk Senior Contributor
February 23, 2026
Larvotto Breaks the €70,000 Barrier as Monaco Property Market Redefines Itself

Image by Charlotte from Pixabay

Property values in Monaco continue to reach new heights, with Larvotto becoming the first neighbourhood to surpass €70,000 per square metre. According to the latest data released by IMSEE, the district reached an estimated €71,167 per m² in 2025, confirming its position as the Principality’s most prestigious address.

The figures stem from a newly revised methodology, which now integrates both sales and resales alongside the construction period of properties. This updated model offers a more precise breakdown by neighbourhood, revealing striking contrasts across Monaco.

Behind Larvotto, a second tier includes Monte-Carlo, Fontvieille, La Rousse and La Condamine, where prices range between €51,000 and €54,000 per m². Monte-Carlo remains the most active resale market, exceeding €1.1 billion in transactions in 2025 alone. Newly built residences in the area now trade above €60,000 per m².

At a comparatively “accessible” level—by Monaco standards—Les Moneghetti and Jardin Exotique remain below €46,000 per m², though values there have climbed nearly 40% over the past decade.

New developments are driving much of the surge. Properties built between 2020 and 2029 average €65,602 per m², more than €23,000 above pre-1940 buildings.

Despite record prices, demand remains resilient. In 2025, 493 transactions generated €5.9 billion in volume, while the average resale price hit €7.6 million—another historic milestone for Europe’s most exclusive real estate market.


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Natalia Bezruk

Senior Contributor

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