Modern buildings in Monaco are defined by high-specification finishes, panoramic sea views, concierge and spa facilities, and full-height glazing on upper floors. The most significant recent developments include Tour Odeon, One Monte-Carlo, and the Mareterra extension. Prices in new and modern buildings typically start above EUR 5 million and reach EUR 30 million or more for large upper-floor units in flagship addresses.
MODERN BUILDINGS IN MONACO: ARCHITECTURE, AMENITIES, AND AVAILABILITY
WHAT DEFINES A MODERN BUILDING IN MONACO
In Monaco’s residential context, modern buildings are generally defined as those completed in the last fifteen to twenty years, built to contemporary specifications with reinforced concrete structures, full glazing systems, integrated building management, and comprehensive amenity packages. Key differentiators include: underground private parking per unit, swimming pools and wellness facilities, concierge services operating seven days a week, video security and access control, and high-speed fibre connectivity throughout.
Floor heights in modern Monaco buildings tend to be generous, with ceiling heights of 2.8 metres or above even in standard units. Upper-floor and penthouse configurations frequently feature ceiling heights of 3.2 metres or more, together with wraparound terraces. Internal finishes in new buildings are typically delivered in a raw or semi-finished state, allowing buyers to specify their own layouts and materials.
TOUR ODEON
Tour Odeon is the tallest residential tower in Monaco at approximately 170 metres and one of the most recognisable buildings in the Principality. Located in Fontvieille and completed in 2015, the tower offers panoramic views of the Mediterranean from virtually every unit. Amenities include an infinity pool on the upper floors, a sky lounge, a spa, and full concierge services.
Units in Tour Odeon start at approximately EUR 5 million for entry-level configurations and reach significant multiples for the penthouse levels. The tower is not the cheapest address in Monaco but represents the benchmark for vertical residential living in the Principality. For current availability, see /monaco-new-developments/.
ONE MONTE-CARLO
One Monte-Carlo is a mixed residential and retail complex adjacent to the Casino de Monte-Carlo, completed in 2019. The development is positioned as the premier address in the Principality’s historic heart, combining residences with a collection of luxury boutiques at street level. The residential units on upper floors deliver some of the most prestigious addresses in Monaco, with direct views over the Casino gardens and the Mediterranean.
Residences in One Monte-Carlo are among the most expensive per square metre in Monaco. Availability is limited, and units rarely appear on the open market. Dameno maintains relationships with current holders and can alert qualified buyers to off-market opportunities. See /monaco-off-market-properties/.
MARETERRA: MONACO'S NEW COASTLINE
Mareterra is a major land extension project being developed on the eastern edge of Monaco, adjacent to Larvotto. The project will add approximately 3.3 hectares of new land to the Principality upon completion, incorporating residential units, a marina, public gardens, and commercial spaces. Mareterra represents the most significant addition to Monaco’s residential supply in a generation.
Residential units in Mareterra include apartments and villas, with direct access to a private marina. Prices reflect both the exclusivity of the address and the modernity of the specifications. The project is nearing completion and represents a unique opportunity to purchase a genuinely new property in Monaco with the rarest possible combination of sea, garden, and marina access.
For Mareterra availability, contact Dameno directly or see /monaco-new-developments/.
OTHER NOTABLE MODERN BUILDINGS IN MONACO
Beyond the flagship addresses, Monaco contains a number of modern buildings completed in the 2000s and 2010s that offer strong specifications and amenities at marginally lower price points than the headline developments. Notable examples include buildings in the Carré d’Or, the Fontvieille commercial and residential zone, and several boutique developments in Monte Carlo and La Condamine. See /buildings-in-monaco/ for a comprehensive building-by-building directory.
In Larvotto, a number of beachfront buildings offer modern specifications and direct beach access. These properties attract buyers who prioritise the beach and sea lifestyle over proximity to the Casino or commercial centre. See /larvotto/ for current listings.
ARCHITECTURE IN MONACO: BELLE EPOQUE TO CONTEMPORARY
Monaco’s architectural heritage spans from Belle Epoque grandeur, exemplified by the Casino de Monte-Carlo and the Hotel de Paris, through post-war apartment blocks to the contemporary glass and steel towers of the modern era. The architectural contrast between districts is significant: Monte Carlo’s ornate facade buildings sit alongside contemporary glass towers, while Fontvieille is predominantly industrial-to-residential conversion of a more practical character.
The Principality’s planning authorities oversee all new development with attention to visual coherence and density. Height restrictions apply across most of the Principality, with specific zones permitting taller structures.
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FREQUENTLY ASKED QUESTIONS
Which is the best modern building in Monaco?
The most prominent modern buildings in Monaco are Tour Odeon (completed 2015, the tallest residential tower at 170 metres), One Monte-Carlo (completed 2019, the most prestigious address adjacent to the Casino), and Mareterra (the new land extension nearing completion with marina, garden, and sea access). The best building depends on the buyer’s priorities: height and panoramic views favour Tour Odeon, historic prestige favours One Monte-Carlo, and new-build exclusivity with marina access favours Mareterra.
What amenities do modern Monaco buildings include?
Modern Monaco buildings typically include underground parking per unit, a concierge service seven days a week, swimming pool and spa facilities, video access control, high-speed fibre connectivity, and generous ceiling heights. Flagship buildings add infinity pools, sky lounges, and personal services. Most units are delivered in a raw or semi-finished state, allowing buyers to customise interiors to their specification.
What is Mareterra Monaco?
Mareterra is a 3.3-hectare land extension project on Monaco’s eastern coastline adjacent to Larvotto. It will add residential units, a marina, public gardens, and commercial space to the Principality upon completion. It represents the most significant addition to Monaco’s residential supply in a generation. Residential units include apartments and villas with direct marina access.
Are modern buildings more expensive than older buildings in Monaco?
Modern buildings command a significant premium over older stock in Monaco, reflecting differences in specifications, amenities, ceiling heights, and building systems. The price differential can range from 30% to over 100% depending on the comparison. However, older buildings in exceptional locations, such as Belle Epoque buildings in Monte Carlo, can also command very high prices based on architectural character and address alone.
