The best Monaco new developments 2024

monaco-new-development

With real estate highly sought after in Monaco, every year sees a curated selection of exquisite new developments, each offering a refined selection of apartments and penthouses.

This year, 2024 will welcome two highly exclusive Monaco new buildings; Mareterra and Bay House, two of the most eagerly awaited new property developments, further adding to the allure of residing in the city-state.

Here, we take a look at some of the most exclusive Monaco residences that are in demand by the world’s most discerning investors.

Monaco new developments

Mareterra – launching 2024

monaco-new-development-property

Mareterra is an exquisite new luxury eco-district built on reclaimed land. The new district will boast a highly covetable selection of luxury apartments, penthouses, townhouses, and ultra-rare waterfront villas, considered the natural heirs to the Principality’s iconic Belle Epoque buildings, all with access to exceptional amenities. Mareterra has been sensitively developed by award-winning designers to align with Prince Albert’s aims of reaching carbon neutrality by 2050, and as such, boasts state-of-the-art environmentally friendly technologies and beautifully landscaped gardens designed to encourage local wildlife.

Bay House – launching 2024 Monaco-new-building-bay-house

Bay House is a new Monaco development located in Larvotto, one of the most exclusive Monaco districts, and has been designed to offer residents a whole new level of luxury living. The Monaco new building will comprise 56 apartments and five luxury villas benefitting from superb amenities, luxury interiors, and wraparound balconies offering superb views of the Principality and the Mediterranean Sea. The luxury villas also benefit from having their own roof terrace and private pools.

Villa Ninetta – launching 2026

monaco-new-project-villa-ninetta

Villa Ninetta is scheduled for completion in 2026 and is already garnering significant excitement from luxury property investors. Spread across nine floors in the heart of Jardin Exotique, this new Monaco real estate development will offer a selection of luxury apartments from chic studios to voluminous three-room homes, each boasting luxurious finishes and spacious terraces. The two penthouses will each boast their own private roof terrace, offering an ultra-luxurious area for al fresco gatherings or soaking up the warm Mediterranean sunshine. Amenities will include a 24-hour concierge service and a dedicated fitness room.

L’Exotique – Completed in 2022

new-development-monaco-exotique

L’Exotique is one of Monaco’s most recent luxury new developments, offering ultra-luxury apartments and penthouses amidst a tropical oasis in the district of Jardin Exotique. Considered one of Monaco’s most exclusive new property developments, residents enjoy world-class design, generous south-facing terraces, breathtaking sea views, and superb amenities, including underground parking, a gym, a swimming pool, and a dedicated concierge service. Designed by architect Rudy Riccioti, L’Exotique has been designed to maximize the feeling of light of space, enabling residents to immerse themselves in Monaco’s famed Mediterranean lifestyle.

Villa Portofino – Completed in 2022

monaco-new-villa-portofino

Blending elegance and prestige with contemporary living, villa Portofino is a luxury Monaco new development in the exclusive district of La Condamine, offering the utmost convenience. Located just moments away from Monte-Carlo and the iconic Port Hercule, Villa Portofino sits at the very heart of the Principality of Monaco. Villa Portofino features 11 elegant residences spread across six floors, each boasting high-quality materials and refined designer touches. Floor-to-ceiling windows and high ceilings add to these apartments’ allure, creating a feeling of light and space.

Palais de la Plage – Completed in 2021

monaco-real-estate-project-palais-de-la-plage

Palais de la Plage is situated in Larvotto along the Princess Grace Avenue, Monaco’s most exclusive address and home to the city-state’s most sought-after residences. Spread across 15 floors, Palais de la Plage boasts a striking wave-like exterior designed to reflect the Mediterranean Sea, along with a host of amenities, including a gym, concierge services, and dedicated parking. This new Monaco development offers a collection of 12 luxury apartments, each on its own dedicated floor. The residence is ideally situated for both families and single professionals, with the delights of the Larvotto Public Beach and the luxury offerings of Monte Carlo and the Carre d’Or just moments away.

45G – Completed in 2021

monaco-development-real-estate-palais-de-la-plage

Another new Monaco property development is 45G, located in the district of La Condamine. This exciting Monaco residence spans 16 floors, with residences on the higher floors benefiting from stunning views of Port Hercules and out towards the Mediterranean Sea. The south-facing residence includes three stunning penthouses, each boasting its own swimming pool and roof terrace, while a further two apartments enjoy their own dedicated gardens planted with tropical plants. All apartments benefit from floor-to-ceiling windows to maximize light, enabling residents to bask in the Cote d’Azur sunshine if they wish. Furthermore, 45G residents benefit from dedicated underground parking and cellars.

Villa Palazzino – Completed in 2021

monaco-new-property-project-villa-palazzino

This beautiful new Monaco development was completed just a few years ago in 2021, and combines traditional bourgeois architecture with apartments purposefully designed for modern-day living. Villa Palazino is located in the ultra-exclusive Monaco district of Monte-Carlo, considered the beating heart of the Principality, where the most iconic buildings and ultra-luxury service providers can be found. Every apartment boasts designer touches and superb craftsmanship, ensuring refined spaces for those who demand only the very best. This new Monaco apartment building boasts a total of 19 luxury residences, including four exclusive townhouses, along with dedicated parking spaces and cellars.

26 Carre d’Or – Completed in 2020

monac-new-apartments

26 Carre d’Or is a masterfully planned Monaco residence offering 19 floors of pure opulence. A shimmering glass tower from the outside; inside, residents enjoy spectacular living spaces with double-height living areas and finishes of the very highest standards. 26 Carre d’Or features nine prestigious apartments in total: a selection of duplexes, each with terraces, and a penthouse with its own private pool. Spread across six basement levels, 26 Carre d’Or offers dedicated parking and a vast space dedicated entirely to wellbeing, including a swimming pool, jacuzzi, sauna, hammam, and fitness room.

Discover the best Monaco new developments with La Costa Properties Monaco

La Costa Properties Monaco is a leading real estate agent with access to the best properties for sale in Monaco. We are a family run business and have been operating in the Principality for more than 40 years. We work with discerning investors from around the world to connect the best property in Monaco, and as a member of Chambre Immobilière de Monaco, we uphold the very highest standards of professionalism and customer service. Contact our team today to learn more about the latest new Monaco developments.



Stay updated with our news