Larvotto: Monaco’s Most Expensive District in 2024 | Median Price €97,563 (+48.1%)
2025-03-05
Why Is Larvotto in Monaco’s Median Price So High in 2024?
Monaco’s real estate market continues to set new records in 2024, and Larvotto has emerged as the most expensive district in the Principality. With the median price per square meter soaring to €97,563, representing a staggering 48.1% increase from 2023, the question arises—what makes Larvotto so exclusive?
From its prime beachfront location to ultra-luxury developments, Larvotto represents the pinnacle of Monaco’s elite lifestyle and investment potential. In this article, we explore the key factors driving these record-breaking prices and why demand for Larvotto real estate remains stronger than ever.
Monaco’s Real Estate Market in 2024: An Overview
The Monaco property market continues to demonstrate stability and resilience, attracting high-net-worth individuals (HNWIs) from around the world.
Key 2024 Real Estate Insights
- Monaco’s average price per square meter: €51,967 (+1.1% YoY)
- Total real estate transaction value: €5.9 billion
- Most expensive district: Larvotto (€97,563/m², +48.1% YoY)
While Monaco remains one of the most sought-after real estate markets globally, Larvotto has taken the lead in pricing, surpassing Monte-Carlo as the premier location for ultra-luxury living.
What Makes Larvotto the Most Expensive District in Monaco?
Several key factors contribute to Larvotto’s exceptional property values:
1. Prime Beachfront Location
Situated along Monaco’s only natural beachfront, Larvotto offers direct access to the Mediterranean, uninterrupted sea views, and a serene atmosphere just minutes from Monte-Carlo’s vibrant center.
2. Ultra-Luxury Developments
The recent transformation of Larvotto, including the Mareterra project, has significantly elevated the area’s prestige. These eco-friendly, high-end residences have attracted billionaire investors seeking exclusive, sustainable luxury.
3. Limited Real Estate Supply
With Monaco spanning just 2.1 km², the availability of seafront properties is extremely scarce. High demand combined with low supply naturally drives prices upward, making Larvotto one of the most competitive real estate markets in the world.
4. Prestige & Privacy
For those seeking the ultimate in discretion and exclusivity, Larvotto offers secluded residences with 24/7 security, private terraces, and direct beach access—an unparalleled luxury in Monaco.
How Does Larvotto Compare to Other Monaco Districts?
| District | Price per m² (2024) |
YoY Change |
|---|---|---|
| Larvotto | €97,563 | +48.1% |
| Monte-Carlo | €53,911 | +1.8% |
| Fontvieille | €53,908 | -0.2% |
| La Condamine | €53,801 | -1.3% |
| Jardin Exotique | €49,847 | +36.4% |
While Monte-Carlo remains a highly desirable area, Larvotto’s unique seafront setting and new high-end developments give it an edge in terms of exclusivity and investment appeal.
The Role of High-End Amenities in Larvotto’s Prestige
Beyond location and real estate supply, Larvotto’s appeal is also driven by world-class amenities, including:
- Beautiful Larvotto beach access
- Luxury beach clubs & gourmet dining
- Five-star hotels & exclusive concierge services
- fitness & wellness centers
- Secure underground parking & private yacht berths
These features make Larvotto not only an exceptional place to live, but also an ideal location for luxury real estate investment.
Is Investing in Larvotto Real Estate a Smart Decision?
For discerning investors, Larvotto offers one of the strongest returns in Monaco’s property market.
Unmatched capital appreciation: Prices have nearly doubled in a decade
High rental yields: Luxury rentals in Larvotto can exceed €30,000/month
Market stability: Monaco’s real estate remains one of the safest investments globally
As global economic uncertainty continues, Monaco real estate is seen as a secure asset class, further increasing demand from international buyers.
Future Outlook: Will Larvotto Prices Continue to Rise?
Experts predict that Larvotto’s prices will maintain an upward trend, although at a more gradual pace. The combination of limited supply, high global wealth migration, and continuous market demand ensures that Larvotto will remain a top-tier luxury market for years to come.
With new ultra-prime developments on the horizon, Larvotto’s real estate market remains one of the most sought-after investment opportunities in Monaco.
How to Secure a Property in Larvotto
For those considering purchasing real estate in Larvotto, it is essential to:
- Work with a trusted Monaco real estate agency
- Understand local market dynamics and pricing trends
- Act quickly in a competitive market with limited availability
At Monaco Properties, we specialize in off-market and exclusive listings in Larvotto and beyond. Our expert team is here to assist you in finding your ideal property in Monaco’s most prestigious district.
Explore our exclusive properties in Larvotto here.
Interested in a luxury residence in Larvotto? Contact us for tailored property recommendations:
- Phone +377 97 97 33 97
- Whatsapp: +33 6 40 62 65 76
- Email: info@mpmonaco.com
