New developments
New build in Monaco
Very little is built in Monaco, and what is tends to be spoken for early.
Why new
Why a new building is worth the wait it involves
Monaco has no land to expand into, so a new address here almost always means something that was already standing has been replaced — or, at Mareterra, that the ground itself was made. That is why programmes are rare, and it is most of why they are placed before they are published.
Fontvieille was taken from the sea between 1966 and the early 1970s, and almost all of it is made ground — a sixth of the country, on land that did not exist within living memory. Mareterra added six hectares more in 2024, too recent to appear on this map: the shoreline it stands on is the one drawn here.
Nothing to put right
You are not inheriting someone else’s bathroom, or a rewiring job in a building where every delivery has to be agreed with the syndic first. A new apartment is finished on the day you are given the keys.
A building of today
Insulation, air conditioning, lifts, parking, ceiling heights, security, and the way a plan handles light. A building from the last century can be beautiful and still be a building from the last century.
No works waiting
The roof, the lifts and the façade of an older building are somebody’s bill eventually, and in a co-owned block that somebody includes you. A new one starts that clock at zero.
You choose early
Early in a programme there is still a choice of floor and aspect, often of finishes, occasionally of how two units are put together. Later there is whatever is left.
Nothing is being marketed publicly at the moment
That is normal rather than unusual. Tell us what you would be looking for in a new building — district, size, delivery horizon — and you will hear from us when something is released, including at the stage before it is advertised.
Buying off plan
How an off-plan purchase actually goes
The order is not the one most people expect, and the earliest step is the one that decides whether you are offered anything at all.
You tell us before there is anything to tell you about
The list of people a programme is shown to is made long before the hoarding goes up. A brief left with us now — district, size, floor, when you would want to move — is what puts you on it.
We tell you what stage it is at
Announced, under construction, or finishing: each one is a different purchase — a different price, a different wait, a different amount of choice still open. We say which before you look at anything.
You read a plan instead of an apartment
There is nothing to walk through, so the work is done on paper: the floor plan, the orientation, the level, what stands in front of the windows today and what is going to. We will tell you when a plan is worse than it looks.
The reservation, and then the calendar
A reservation comes first, and what follows is paid as the building goes up, on a schedule the contract sets rather than one we do. Your notary is the person who explains that contract; our part is making sure you have it in front of you early, and not at signature.
Delivery, and the month after it
Handover is a visit with a list, not a ceremony. Whatever is not finished is written down and then chased, and that is still our job after the keys have changed hands.
Before you commit
The questions that decide it
Off plan, everything you are buying is described rather than seen, so the questions are not the ones you would ask standing in a finished apartment. These are the ones we put on your behalf.
- What stands in front of the windows, and what may be built there later
- Which floors and aspects are genuinely still available, rather than advertised
- What the finishes are, and which of them are still “to be confirmed”
- The delivery date, and what the contract provides if it moves
- What the service charge is expected to be once the building is occupied
- How parking, storage and the building’s services are allocated
None of that is on a brochure, and none of it is a reason not to buy. It is what turns a plan into a decision.
Before it is advertised
Ask to hear about it first
Tell us what you would want in a new building — district, size, floor, when you would move — and the brief sits with the people who are shown the programmes first. It goes to an agent, not to a mailing list.
Already delivered
The newest district is finished
Mareterra, the Principality’s newest district, is complete and its resales appear in the ordinary search.