The Monaco Government is increasing financial incentives for residents who exchange larger state-owned apartments for smaller properties, introducing additional payments for every extra room handed back.
Announced on Friday, November 13, the revised scheme builds on measures first introduced in 2023 to encourage greater movement within the Principality’s state-owned housing sector, known as the parc domanial.
The original initiative was designed particularly for households whose children had left home or no longer needed accommodation during visits. Residents giving up a four- or five-room apartment in favour of a smaller property could retain the rent or Housing Capitalisation Contract amount associated with their previous home, provided the new apartment was more expensive.
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They were also entitled to a €10,000 payment to help cover the costs of moving into their new accommodation.
The scheme was subsequently extended in June 2026, following discussions with the National Council. It now also covers households without dependent or visiting children who move from a three-room apartment into a two-room property.
The latest changes increase the financial reward for residents returning larger homes to the state. Under the updated arrangements, the existing €10,000 payment for giving up one room will be supplemented by a further €5,000 for each additional room returned.
This means a household freeing up two rooms will receive €15,000, while those returning three rooms will qualify for a total payment of €20,000.
The Government says the revised incentives are intended to further encourage residents to move into accommodation that better reflects their household needs, while making larger apartments available to other families within Monaco’s state housing system.
