The Principality's real estate development is ongoing in order to extend its living space, both in the private and public sectors, and to take advantage of its small territory; this is evidenced by the many new luxury developments that are successfully transforming certain districts and whose delivery is approaching:

• Bay House (Larvotto district)

This very modern, curved and high-standard residence, a stone’s throw away from the Larvotto beaches and Monte-Carlo Bay, will be composed of 56 large, exceptional flats, as well as 5 sumptuous villas with surface areas ranging from 250 sqm to 1000 sqm, each with a roof terrace including a private swimming pool and offering a panoramic sea view. Delivery is scheduled for early 2024. Discover our properties

• L’Exotique (Jardin Exotique district)

This modern and very leafy complex, designed by Rudy Riccioti, leading architect of the Mucem in Marseille, will offer an exceptional view on Monaco and the sea. It will be composed of 66 apartments, 4 commercial premises, 1,820 parking spaces and will benefit from top-of-the-range services. Residents will be able to walk down to the Fontvieille district, and the Ilot Pasteur in particular, thanks to lifts, the Galerie des Salines and the Wurtemberg footbridge and perhaps the future cable car. Delivery is scheduled for the first half of 2022. Discover our properties

• 45 G (Condamine district)

This building, with its clear, contemporary lines, has 15 floors, 14 of which are composed of 72 luxury flats with surface areas ranging from 36 sqm to 595 sqm, including 2 penthouses, each with a swimming pool on the roof terrace. Cellars and parking spaces are also provided in the 7 basement levels. Delivery is scheduled for late 2021/early 2022. Discover our properties

• Portofino (Condamine district)

This high-standard residence, designed in a bourgeois style that combines elegance and timelessness, will house 11 three-bedroom apartments, including a luxurious penthouse, as well as 3 commercial premises and 24 parking spaces downtown. Delivery is scheduled for the end of the first half of 2022. Discover our properties

• Offshore extension - Mareterra (Golden Square and Larvotto districts)

This exceptional luxury real estate project, which will include squares, parks and gardens, 110 flats and 10 villas, 6 of which will be located directly on the sea front, needs no introduction. Each of these spectacular residences will benefit from luxury services. Delivery is scheduled for early 2025. Discover our properties
 

• State-owned housing allocated to Monegasques

Le Testimonio II (Saint-Roman district):

On one of the last large building sites in Monaco, which stretches from Boulevard d'Italie to Avenue Princesse Grace, this complex will house 348 flats, car spaces, a crèche and the new International School of Monaco, creating a new living area.

Delivery is scheduled for the 4th quarter of 2022 for the Testimonio II Tower and the 2nd quarter of 2023 for the Testimonio II-bis Tower.

Grand Ida (Haut Condamine district): A total of 160 flats in three buildings to be delivered progressively between September 2023 and the first quarter of 2024.

Les Mélèzes (Haut Condamine district): 14 apartments on “Les Mélèzes” building elevation. Delivery is scheduled for the end of the third quarter of 2022 or the beginning of the fourth quarter of 2022.

Carmelha (Saint-Roman district): delivery of 25 apartments is planned for the third quarter of 2022.

Palais Honoria (Moneghetti district): 65 dwellings located at Boulevard de Belgique. Delivery is scheduled for the end of the first quarter of 2023.

The new property market is still booming and thus reinforces the Principality's place in a world of modernity, innovation, and excellence.

If you want to benefit in preview from great opportunities in the private sector, Valeri Agency would be glad to help you by taking advantage of our extended Monegasque network.

Do not hesitate to contact us!

September 2021