Monaco is growing. With new developments being constructed across the Principality, there are more new properties for sale now than there ever have been. The Savills Monaco team have detailed some of the new developments below.
Mareterra land extension / Le Portier or Portier Cove
The Mareterra land extension, also known by the names Le Portier or Portier Cove, will be the largest construction project completed in the Principality in decades. It will add greatly to the stock of property for sale in Monaco and will house up to 1,000 residents in the luxurious apartments and villas being built. The project is set to be complete in 2025 and will have additional outdoor spaces accessible to the public such as a park, coastal promenade and a small port/ marina. To access these properties, please contact one of Savills agents directly.
L’Exotique, is a beautiful new development in the Jardin Exotique area of Monaco, an area that offers some of the most dramatic views over the Principality and the sea beyond. People enjoy the Jardin Exotique area for its calm residential atmosphere, beautiful parks and local museums and schools. L’Exotique has been designed with consideration of the natural landscape that surrounds it by the renowned architect Rudy Riccioti, principal architect on the construction of the MUCEM museum in Marseille. L’Exotique will offer residents superb facilities such as a pool, hammam and sauna along with secure underground parking. To access these properties, please contact one of Savills agents directly.
Villa Palazzino is a luxury new development located in the heart of the Carre d’Or, Monte Carlo, the building has been designed with elegance in mind, staying true to the bourgeoisie architect of previous prominent villas in the Principality. Villa Palazzino will house 19 luxury apartments, including 3 studios, 10 three-bedroom apartments, a four bedroom apartment, a triplex and 4 exclusive townhouses. The building will have a concierge and 24/7 security.
The rooftop pool will be available for the Penthouses residents. Villa Palazzino sets a new example for new build property for sale in Monaco, if you want access to these apartments, please contact one of Savills agents directly.
Bay House Monaco
Bay House is an exciting new development in the East of Monaco in the prime location of Larvotto. This exclusive new development of 56 apartments and five villas will add to the ever expanding levels of luxury property for sale in Monaco. The residence will boast beautiful panoramic Mediterranean sea views with the larger 3-6 bedroom apartments having wraparound balconies that allow you to enjoy the incredible vistas. Bay House residences offer a superb parking facility with a dedicated entrance for residents. For access to these properties, please contact an agent.
Villa Portofino, once completed, will be as glamorous as its name dictates. Nestled in the heart of the Candamine, the building will benefit from a great location for the Port of Monaco, only a few minutes from Monte-Carlo. The mission for J.B. Pastor & Fils and architect Emmanuel Deverini is to create something prestigious, elegant and timeless to fit nicely with the surrounding architecture of the Condamine. For details on how to access this property, please contact an agent.
A dedicated member of the Savills multilingual team will guide you through the process of buying or renting a property in Monaco.