Monaco is the scarcest market on the Riviera, and by construction: two square kilometres, one of the highest densities in the world, and a territory that only extends by winning land from the sea, as at Fontvieille and then at Mareterra, delivered in 2024. Demand comes from elsewhere, international and financial, held up by security and the fiscal framework; supply splits between recent residential towers and renovated older buildings, from Monte-Carlo to Larvotto. Town houses and villas can be counted, a few addresses around the Jardin exotique or in the Moneghetti heights, plus the new villas and town houses of Mareterra. A property that comes free moves fast, and often privately.
In a Principality built vertically, value is read in floors and windows: open sea view, view over the Rock, view over Port Hercule, each level trades differently, and two apartments in the same tower do not compare. The terrace, the exposure and the quiet change everything from one floor to the next, and service charges, with the works voted in general meeting, tell the real cost of an old palace as of a recent residence. A listing says none of this: the noise of an avenue, the sightline about to be blocked by the neighbouring project, the real state of the common parts. Every file is checked on documents, co-ownership rules and minutes first.
The Monegasque market lives with no real season: the international clientele comes all year, and the best properties often trade before publication. Home Select runs the search remotely, from its management and with its network of 15,000 partners: every apartment is qualified on documents, then in a video pre-viewing run with the seller’s agent, and the buyer travels only for the decisive viewings, grouped into a single trip. At offer stage, the support becomes local: the Monegasque notaire and the registration duties specific to the Principality are prepared in advance, and Home Select, more than 1,200 buyers accompanied, coordinates the transaction through to signature.