Larvotto, Monaco: Property Guide for Buyers

Larvotto is the most expensive district in Monaco. In 2025 its estimated price reached €71,167 per square metre, according to IMSEE, the Principality’s statistics institute, making it the first district to pass the €70,000 mark. It is also one of the smallest residential areas: 2,287 residents and 1,391 homes, almost all of them privately owned. This guide covers what you need to know before buying in Larvotto: prices, the type of property you will find, everyday amenities and the new Mareterra district next door.

Larvotto in figures

• Price per m² in 2025: €71,167, up 2.2% on 2024 and 28.8% since 2016 (IMSEE).
• Recent buildings (2020 to 2029): €71,241 per m², the highest of any district (IMSEE estimate).
• Compared with the Monaco average (€57,569 per m²): about 24% higher.
• Residents: 2,287 in 2025, 5.9% of the population (IMSEE census, estimate).
• Homes: 1,391, of which only 1.1% belong to the State, the lowest share in Monaco.
• Area: 27.5 hectares.

Where is Larvotto?

Larvotto runs along Avenue Princesse Grace, on the eastern seafront of the Principality. The Larvotto peninsula itself was one of Monaco’s first land reclamation projects, carried out in the 1960s. Since December 2024 the district has been extended by Mareterra, the new seafront quarter built between the Grimaldi Forum and the Formula 1 tunnel.

Living in Larvotto: beach, culture and green spaces

Life in Larvotto revolves around its beach, which is mainly public and open all year round. Its redesigned complex, by architect Renzo Piano, was inaugurated in July 2021. Offshore, the Larvotto marine protected area covers 33.6 hectares and protects a Posidonia seagrass meadow.

The district also hosts the Grimaldi Forum, the Principality’s convention and exhibition centre, whose extension opened in January 2025, as well as the Villa Sauber (Nouveau Musée National de Monaco) and the Japanese Garden. Seven public car parks offer 2,668 spaces in total, including the Grimaldi Forum, Larvotto and Des Sources car parks.

Mareterra: the new extension of Larvotto

Mareterra is a 6-hectare extension built on the sea. Work began in autumn 2017 and the district was inaugurated by Prince Albert II on 4 December 2024. It is the Principality’s first eco-district, with HQE Aménagement certification. Its public spaces include the Promenade Prince Jacques along the sea, green spaces and the Quai du Petit Portier with a small marina. In our property search, Mareterra listings appear under the “Anse du Portier” area.

New-build residences on Mareterra and in Larvotto attract a demanding international clientele. For a detailed look at one of the district’s developments, read our article on Bay House Monaco, and our overview of new prestige developments in Monaco.

Buying property in Larvotto

Supply is limited: with fewer than 1,400 homes, Larvotto has one of the smallest housing stocks in Monaco, and almost no State-owned housing. Buyers here usually look for an apartment with a sea view and a terrace, in a residence with services such as a concierge, security and parking. These criteria weigh heavily on the price.

The IMSEE figure of €71,167 per m² is an average for the whole district, sales and resales combined, excluding agency, notary and registration fees. It does not give the value of a specific apartment: floor, view, condition and building can move the price well above or below that average. Before making an offer, compare with recent sales in the same building. Our free property valuation uses exactly this method.

Properties for sale in Larvotto

Browse all our apartments for sale in Larvotto and in Anse du Portier (Mareterra). Many properties in Monaco change hands off-market: tell us what you are looking for and we will contact you as soon as a matching apartment becomes available.

Contact HOMES about Larvotto

Frequently asked questions about Larvotto

What is the price per square metre in Larvotto?

According to IMSEE, the estimated price was €71,167 per m² in 2025, sales and resales combined. Larvotto has been the most expensive district in Monaco throughout the 2016 to 2025 series.

Is Larvotto beach public?

Yes. Larvotto beach is mainly public and accessible all year round.

Is Mareterra part of Larvotto?

Mareterra is a new 6-hectare district built on the sea between the Grimaldi Forum and the Formula 1 tunnel, inaugurated on 4 December 2024. It extends the Larvotto seafront.

Is it better to buy or rent in Larvotto?

It depends on how long you plan to stay. For a first year in Monaco, many clients rent before buying; our guide to Monaco neighbourhoods for renting compares the districts from a tenant’s point of view.

Other districts of Monaco

• Monte-Carlo
• Carré d’Or
• Fontvieille
• La Condamine
• La Rousse and Saint-Roman
• Jardin Exotique

Prices for every district are compared in our page on Monaco property prices per square metre.

Sources: IMSEE, Observatoire de l’Immobilier 2025 (February 2026), Census 2025 (May 2026) and Monaco en Chiffres 2026; Visit Monaco; Mareterra.