Monaco property: 2025 review and factors to watch in 2026
IMSEE’s 2025 Property Observatory describes a mixed market: more transactions overall, a rebound in resales and a fall in new property sales.
2025: separate new sales from resales
The market recorded 493 transactions, up 5.8% year on year. Of these, 429 resales (+17.5%) represented approximately €3.2 billion, an increase of 49.1% in value. The record concerns the total value of resales, not their number.
New property accounted for 64 sales, down 36.6% from 2024, worth approximately €2.6 billion. Combined sales and resales reached nearly €5.9 billion. Transaction timing and the mix of properties influence these results.
Price per square metre and its methodology
The estimated average price was €57,569/m² in 2025, compared with €58,402/m² in 2024 in the recalculated series, a decline of 1.4%. The new statistical model accounts for factors including year, district and construction period. It should not be compared directly with earlier resale-only averages.
The average new property transaction reached €40.8 million. That figure per property is neither a price per square metre nor the value of an apartment representative of the whole market.
2026: factors to monitor without a promised price rise
The 2025 results alone do not establish a 3% to 6% price rise in 2026. Available supply, financing, completed sales and the mix of properties changing hands will need to be examined.
For a specific project, start with the property, recent comparisons and your budget. This reading of the 2025 results is neither a full-year 2026 report nor an investment return forecast.
