Real Estate in Monaco

Last updated on Apr 08, 2023

Summary: An expat should begin their search for a home to buy in Monaco by researching the different neighborhoods and areas of the city. They should also consider their budget and the type of property they are looking for. It is also important to research the local real estate market and the availability of properties. Homes in Monaco typically include luxurious amenities such as swimming pools, private gardens, and terraces with stunning views of the Mediterranean Sea. Many of the properties also feature modern kitchens, spacious living areas, and high-end finishes. Foreigners are allowed to purchase property in Monaco, however, there are certain restrictions. Non-residents are not allowed to purchase property in certain areas of the city, such as the Carré d'Or. Additionally, non-residents are not allowed to purchase more than one property in Monaco.

How do I find a place to live in Monaco?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Monaco can be a daunting task. The best way to start is by researching the different neighborhoods and areas of Monaco to determine which one best suits your needs. You can also look into local real estate agents who specialize in Monaco properties, as they can provide valuable insight into the local market and help you find the perfect place to call home. Additionally, there are a number of online resources available that can help you find available properties in Monaco, such as websites dedicated to Monaco real estate and listings from local newspapers. Finally, it is always a good idea to reach out to friends and family who may have connections in Monaco that can help you find the perfect place to live," remarked one member in Monaco.

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About the Author

Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.