Monaco: The World’s Ultimate Real Estate Trophy

To no one’s surprise, Monaco has once again secured its position as the world’s most expensive property market, with residential prices soaring past €62,000 per square metre, according to Global Property Guide. That’s nearly three times Hong Kong’s average and almost six times higher than Paris — a reminder that in Monaco, exclusivity defines value.

For real estate investors, the attraction is simple: land is finite, and demand is endless. With just 2.1 km² of territory, the Principality’s growth depends on vertical expansion and land reclamation. Landmark developments such the €2 billion Mareterra sea extension and Bay House in Larvotto have introduced ultra-prime residences that continue to push property values higher.

Beyond scarcity, Monaco offers what investors crave most — stability, security, and tax efficiency. The city-state’s political calm, safety, and absence of personal income tax make it a long-term haven rather than a speculative market.

Over the past decade, Monaco’s property values have shown an unbroken upward trajectory — rising from around €35,000 per m² in 2013 to €48,000 in 2020, and now over €62,000. For investors seeking resilience and prestige, Monaco remains not just a safe bet, but the ultimate benchmark for global luxury real estate.