The average price per m² in Mareterra (Monaco) is 100 000 €/m² for an apartment, within a range of 82 to 120 k€ per m², based on actual notarised (DVF) sales. Over the period, the market rose 20 % over 5 years and rose 5,0 % over the last 12 months, with about 15 transactions per year.
Illustration of the Mareterra district, Monaco.
Mareterra, an extension delivered in late 2024, is not reported separately in the IMSEE (Monaco Institute of Statistics and Economic Studies) statistics and remains attached to Larvotto. The price per m² here is estimated at around 100 000 €/m² for this new, ultra-premium seafront segment.
Prices from the DVF file (Demandes de valeurs foncières, published by the DGFiP), transactions actually recorded at the notary, aggregated at district level using the IRIS zoning of INSEE. Cross-referenced with the Notaires de France - INSEE indices. Learn more about our methodology.
Mareterra was delivered in late 2024 and has no transaction history of its own before that date. The values shown here for the years before 2024 reflect the trajectory of the comparable Monaco top-of-market, used as a reference to place the district. In this prime segment, prices have risen continuously, driven by the scarcity of land and sustained international demand. The first properties offered in Mareterra sit at the top of this scale, among the most expensive addresses in the world.
Monaco schools accessible in the neighbouring districts, as the district is essentially residential and new.
Public spaces, promenades and local services within the new district, with the shops of Larvotto and the centre in the immediate vicinity.
Centre Hospitalier Princesse Grace (CHPG), the Principality's main healthcare facility, a few minutes away.
Mareterra, a sea-extension district in the east of Monaco. Google Maps.
Mareterra is the newest district in Monaco, reclaimed from the sea off the anse du Portier. The extension project, launched in the 2010s, led to the delivery of the district in late 2024, adding about six hectares to the territory of the Principality.
The development comprises 124 very high-end homes, buildings designed by renowned architects, a marina, public spaces and seaside promenades. The district was designed around stated environmental goals, with attention paid to marine biodiversity and landscape integration.
Because of its recent creation and the standing of its homes, Mareterra forms a segment apart within the Monaco market: a new, limited stock aimed at an affluent clientele seeking rare addresses in the Principality.
The district attracts an affluent international clientele looking for exceptional new-build properties in a maritime setting. The buyers are mostly foreign residents drawn by the tax framework and the security of the Principality, as well as wealthy families building a rare property asset. As the number of homes is very limited, transactions remain few and confidential.
The price per m² estimated by IMSEE in Mareterra is 100 000 €/m² (2025 data).
Mareterra is a sea-extension district, reclaimed from the water off the anse du Portier, in the east of the Principality. It is the newest district in Monaco, delivered in late 2024.
The district has 124 very high-end homes, from new apartments to prestige properties, in a setting of a marina and recent public spaces. The stock is new and limited.
The scarcity of Monaco land, the new and exclusive nature of the homes and sustained international demand explain these levels. With only 124 homes, supply is very limited against an affluent clientele.
The data is based on IMSEE, the Monaco Institute of Statistics and Economic Studies. As Monaco is a sovereign state, its market is not covered by the DVF or Notaires de France databases used in France.
This analysis is published by Immover, an independent observatory founded by Antony Barbier. Data sourced from official sources (DVF, INSEE, Notaries of France).