Monaco Residences: The Best Places to Live in Monaco
2024-07-05

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Top 10 Luxurious Residences in Monaco - The Best Places to Live

Monaco might be one of the smallest states in the world (second only to the Vatican), but location still reigns supreme. The 2.02 km-squared city-state is divided into seven distinct districts, each with its own unique appeal. Choosing where to buy or rent Monaco property will be determined by a combination of factors, including your desired choice of district as well as your Monaco residence.

If you’re considering renting or investing in Monaco real estate and looking for the best places to live in Monaco, read on. Here, we explore Monaco’s most sought-after districts, as well as the most popular and luxurious Monaco residences to call home, as recommended by local real estate agents.

Monaco’s Districts

The Principality of Monaco has seven districts: Monte Carlo (Carre d'Or), Larvotto, La Condamine, Saint Roman, Fontvieille, Jardin Exotique, Monaco Ville, and Moneghetti. Each district has its own unique appeal, and your choice of district will depend on your desired experience. Monte-Carlo, for example, is the most exclusive and appeals to individuals who wish to be at the heart of all the action. Jardin Exotique, on the other hand, is more low-key, while Larvotto is often desired by families, thanks to its picturesque beach. Let’s not forget to include Mareterra, a brand-new eco-district currently under development.

Monaco Residences: The Most Luxurious in the Principality

Within each of these districts, you’ll find some of the Principality’s most desired Monaco residences. Let’s explore some of the most desirable residential buildings in each district.

1. Odeon Tower - La Rousse

This iconic Monaco building pierces the city-state’s skyline, offering its residents limitless luxury. Located in the prestigious district of Monte-Carlo, Tour Odeon includes 60 serviced apartments, duplexes, and a penthouse. Tour Odeon’s 31,500 square foot penthouse has grabbed headlines across the world for its outlandish facilities. Occupying the 45th through to the 49th floor, this voluminous space includes a cinema, billiard room, fitness room, and a water slide, which descends directly from the dance floor into the penthouse’s private infinity pool. Residents of Tour Odeon apartments enjoy a host of amenities, including access to a private chauffeur, 24/7 concierge service, multiple swimming pools, and an in-house caterer.

2. Parc Saint Roman - Saint Roman

Parc Saint Roman is a highly sought-after Monaco building, known for its luxury amenities, including a swimming pool, pool house, fitness room, sauna, and 24-hour security and concierge services. Located in the popular district of La Rousse, Parc Saint Roman has long appealed to discerning investors who seek refined elegance. Parc Saint Roman is conveniently positioned within striking distance of the Larvotto beaches and the Monte Carlo Country Club. Designed by renowned Italian architect Luigi Caccia Dominioni, this Monaco building is split into two blocks, La Tour, and Les Terrasses, totaling some 390 apartments. Many boast superb views of the Mediterranean Sea, as well as the coast from Italy to Cap Ferrat.

3. Le Mirabeau - Monte-Carlo

Formerly a luxury hotel, this Monaco building was converted into residential apartments in 2007 and is now considered one of the principality’s jewels in the crown when it comes to elegant Monaco real estate. Located in Monte-Carlo, Mirabeau is situated close to the famed Carre d’Or, the most prestigious address in Monaco. The Carre d’Or, or Golden Square, is home to the legendary Monte Carlo Casino, the Hotel de Paris, and the chic Café de Paris, known as the place to see and be seen. Of course, it is also home to some of the world’s most desired designer boutiques and award-winning restaurants. Another key selling point of this famed high-rise Monaco building is its location right on the Grand Prix circuit, directly overlooking the famous hairpin of the Sun Casino. Residents of this Monaco building enjoy a host of amenities, including a 24/7 concierge service, fitness center, and outdoor swimming pool.

4. Villa Portofino - La Condamine

Villa Portofino is a luxurious modern residence located in the vibrant La Condamine district. This elegant building offers a variety of apartments with spacious layouts and high-end finishes. Residents enjoy stunning views of the harbor and easy access to the shops, restaurants, and markets of La Condamine. The amenities at Villa Portofino include a state-of-the-art fitness center, 24-hour concierge services, and private parking. Its central location and contemporary design make it a standout choice for luxury living in Monaco.

5. Bay House - Larvotto

Bay House Monaco is one of the Principality’s most exciting new residential developments. Located close to Larvotto Beach and with many residences boasting superb sea views from floor-to-ceiling windows, Bay House Monaco offers luxury living in one of Monaco’s most exclusive districts. Residents of Bay House will benefit from a host of amenities, including a wellness center with a steam room and sauna, a dedicated concierge, dry cleaning and valet services, and a luxurious pool. Each apartment is equipped with state-of-the-art home automation, offering the ultimate Monaco residence for those seeking limitless levels of luxury.

6. L’Exotique - Jardin Exotique

This exciting new development is nestled in Jardin Exotique, Monaco’s westernmost district and the gateway to the Principality. L’Exotique is surrounded by lush tropical landscaping and has been designed by award-winning French architect and engineer Rudy Ricciotti. Residents will benefit from a swimming pool and gym, 24/7 security, a wellness center, private parking, and spectacular sea views. The unique design and serene environment make L’Exotique a standout choice for luxury living.

7. Seaside Plaza - Fontvieille

Located in the Fontvieille district, Seaside Plaza offers luxurious waterfront living. This prestigious building features apartments with panoramic sea views, spacious terraces, and high-end finishes. Residents enjoy access to a private gym, swimming pool, sauna, and concierge services. The proximity to the heliport and the Fontvieille Shopping Centre adds to its convenience and allure.

8. Le Monte-Carlo Star - Monte-Carlo

Nestled between the Larvotto beach and the Monte Carlo Sporting complex, Le Monte-Carlo Star is one of Monaco’s most coveted residences. It offers direct access to the sea, a unique feature in Monaco. The building boasts luxury apartments with large terraces, indoor and outdoor swimming pools, a fitness center, and 24-hour concierge services. Its prime location provides easy access to the best that Monaco has to offer.

9. La Radieuse - Jardin Exotique

La Radieuse, located in the Jardin Exotique district, is known for its elegant design and luxurious living spaces. The building offers stunning views of the sea and the principality. Residents can enjoy amenities such as a private gym, swimming pool, and 24-hour concierge service. Its location provides a peaceful and exclusive environment while being close to Monaco’s main attractions.

10. Harbour Crest - Moneghetti

"Little Monaco" is the meaning of the name Moneghetti, a neighborhood on the edge of Beausoleil that offers a breathtaking view of the Rock and Port Hercule. Known for its residential and tourist character, it is home to splendid Belle Epoque villas and has, over the years, attracted investors thanks to numerous contemporary buildings. Harbour Crest is one such contemporary building, offering luxurious living spaces with modern amenities. Residents enjoy panoramic views, private parking, and easy access to both Monaco and the French Riviera.

How to Choose the Best Monaco Residence to Invest or Live In

Your choice of Monaco residence will depend on your unique preferences. Key considerations when investing in Monaco include:

Price: Determined by not only the size of the residence but also its location and desirability.
Position: Proximity to key service providers, such as schools, supermarkets, shops, restaurants, spas, the beach, and the heliport.
On-site amenities: For example, concierge services, swimming pools, fitness suites, security, and dedicated parking.
View: Whether you wish to have a sea view.

Working with an experienced Monaco Properties real estate agents with knowledge of the local market will help you define your priorities and needs. We will provide you trusted advice on the best districts and Monaco residences to help refine your search for a real estate investment.

Monaco’s real estate offers an unparalleled blend of luxury, exclusivity, and breathtaking views. These top 10 residences exemplify the best of what this glamorous principality has to offer, catering to those who seek the ultimate in sophisticated living.