Monaco Ville, Monaco 🇲🇨
#2123
43.730969, 7.424815
Nomad Score:
54%
Essentials
| 🏙️ City | Monaco Ville is the historic and cultural heart of Monaco, featuring the iconic Prince's Palace and stunning views of the Mediterranean Sea. |
| 👥 Population | Approximately 40,000 residents live in Monaco, with Monaco Ville being home to a smaller portion of this population. |
| 💻 Internet Speed | Average internet speeds are around 100 Mbps, making it very suitable for remote work. |
| 💸 Currency & Banking | The official currency is Euro (EUR). 1 EUR ≈ 1.07 USD. |
| 🚰 Tap Water | Tap water is safe to drink and of high quality. |
| 🔌 Power | Electricity supply is 230V, 50Hz, with Type C/E sockets. |
| 📶 SIM Card | Local mobile providers include Monaco Telecom, which offers various plans for mobile data. |
| 💳 Banking for Expats | Common banking options for expats include HSBC and Crédit Agricole, alongside international services like Revolut. |
| 🛌 Accommodation | Accommodation in Monaco Ville includes luxury hotels, serviced apartments, and some private rentals through platforms like Airbnb. |
| 💳 Cashless Friendly | Monaco is very cashless friendly, with cards accepted widely in shops and restaurants. |
| 🏠 Short Term Rentals | Airbnb and local services offer numerous short-term rental options, particularly during events or peak seasons. |
| 🛏️ Budget Accommodation | Budget options are limited but include hostels and guest houses like the Monte-Carlo Beach Hotel low-season deals. |
Working and Networking
| 🏢 Best Coworking Space | La Condamine Coworking Space offers modern amenities and a professional environment. |
| ☕ Best Cafe for Work | Cafe de Paris Monte-Carlo provides a vibrant atmosphere and free Wi-Fi for remote work. |
| 💼 Networking Events | Business networking in Monaco occurs through events hosted by the Monaco Economic Board. |
| 🥂 Social Events for Expats | The Monaco Expats Facebook group frequently organizes social meetups in various venues. |
Transportation
| 🚕 Best Taxi/Ride App | The Gett app is popular for on-demand transportation in Monaco. |
| 🚲 Bike/Scooter Rental | Monaco's DASh bike and scooter sharing program allows easy access to bikes around the city. |
| 🏖️ Best Beach Nearby | The nearest beach, Larvotto Beach, is about 2 kilometers away. |
| ✈️ Top Regional Airline | Monaco does not have its own airport but uses Nice Côte d'Azur Airport, which is about 30 minutes away. |
| ✈️ Top International Airline | Major airlines like Air France and EasyJet operate from Nice Côte d'Azur Airport. |
| 🛣️ Highway Access | Monaco has direct access to the A8 motorway connecting to France and Italy. |
| 🚉 Main Train/Transit Hub | Monaco-Monte Carlo railway station connects you to regional trains in France. |
| 🚍 Public Transport Passes | Monthly public transport passes can be purchased for around €35, allowing travel on buses and trains. |
| ✈️ Regional Travel | Trains from Monaco-Monte Carlo connect to nearby cities like Nice and Cannes. |
Health and Wellness
| 🏥 Best Hospital | Princess Grace Hospital is the primary healthcare facility, offering a range of services. |
| 🧘 Yoga & Wellness Centers | Yoga Room Monaco offers various classes for all levels. |
| 🏋️ Gyms & Fitness Centers | Domaine De Ventabren Fitness is popular among locals and expats. |
| 🧺 Laundry Services | Laverie de Monaco provides self-service laundry options around the city. |
Food and Drink
| 📱 Best Food Delivery App | UberEats and Deliveroo operate efficiently in Monaco Ville. |
| 🍽️ Best Local Dish to Try | Don't miss 'Barbajuans', a traditional pastry filled with Swiss chard, ricotta, and other ingredients. |
| 🍱 Vegan/Vegetarian Options | The Vegan Side offers a range of plant-based dishes and is well-loved by locals. |
| 🍫 Best Dessert Spots | Café de Paris is known for its exquisite pastries and desserts. |
| 🛒 Affordable Shopping Spots | The Condamine market offers fresh produce at reasonable prices. |
| 🛒 E-commerce/Online Store | Amazon and local boutiques like Maison des Pains offer online shopping. |
| 🛒 Grocery Delivery | Monaco's grocery stores like Carrefour and Monoprix have home delivery services. |
| 🍸 Bar/Nightlife Area | The Monte Carlo Casino area is famed for its vibrant nightlife and bars. |
| 🍻 Local Brewery | Monaco does not have local breweries, but nearby Nice has some worth exploring. |
| 🍷 Wine Bars | Le Grill serves an impressive selection of wines with a beautiful view. |
| 🍲 Street Food Stalls | Limited street food options, but seasonal markets offer local snacks. |
| 🍕 Popular International Cuisine | Maya Jah provides a great blend of international flavors with a focus on Mediterranean. |
Culture and Attractions
| 🎟️ Must-See Landmarks | Visit the Prince's Palace of Monaco and the Oceanographic Museum. |
| 🏛️ Museums & Art Venues | The Nouveau Musées National de Monaco showcases contemporary art. |
| 🏰 Historical Sites | The Monaco Cathedral is a highlight of Monaco Ville's historic architecture. |
| 🕍 Religious Sites | Saint Nicholas Cathedral is an important site for Christians in the region. |
| 🎉 Annual Events | The Monaco Yacht Show and Monte-Carlo Television Festival occur annually in September and June respectively. |
| 🎨 Cultural Districts | Monaco Ville is recognized for its historic zones and cobbled streets ideal for exploration. |
| 🎭 Theater Venues | The Opéra de Monte-Carlo is famous for high-quality performances. |
| 🛍️ Local Markets | Marché de la Condamine is a lively market for fresh produce and local delicacies. |
| 🎼 Music Scene | Various venues host live music events throughout the year, including jazz festivals. |
| 🎨 Street Art | Monaco promotes urban art displays throughout the city, especially in Engravement street. |
| 🧑🍳 Cooking Classes | Culinary Academy Monaco offers cooking classes focused on Mediterranean cuisine. |
| 👩🎨 Art Galleries | Galerie des Pêcheurs showcases local and international artists' work. |
| 🕰️ Historic Buildings | The Palais Princier is a notable historic site within Monaco Ville. |
| 🏴 Local Heritage | Monaco Ville reflects the rich history of the Grimaldi family and the principality. |
Nature and Outdoor Activities
| 🌅 Nearby Nature Escapes | The Exotic Garden of Monaco offers stunning botanical displays and sea views. |
| 🏞️ National Parks Nearby | Parc National des Calanques in nearby Marseille provides scenic hiking trails. |
| 🚲 Cycling/Walking Paths | The coastal promenade offers beautiful walking paths along the sea. |
| 🌄 Scenic Viewpoints | The view from Fort Antoine is particularly breathtaking over the harbor. |
| 🦉 Birdwatching Locations | The gardens around the city attract many birds and are great for observing wildlife. |
| 🔥 Bonfire-Friendly Spots | Fires are not allowed within city limits, but beach picnics are popular. |
Other Services and Amenities
| 📦 Parcel Delivery Service | Services like DHL and FedEx provide reliable parcel delivery. |
| 🛠️ Tech Repair Services | Ticket solution offers mobile and computer repairs in the area. |
| 🏓 Table Tennis Spots | Nearby playgrounds have outdoor table tennis facilities. |
| 🧑🏫 Language Classes | The International School of Monaco offers language courses for various levels. |
| 📚 Libraries & Study Spots | The Biblioteca dei Giardini is a quiet place for reading and study. |
| 🏘️ Community Centers | The Monaco Community Center provides various activities and classes for residents. |
| 🕹️ Gaming Lounges | Monaco lacks dedicated gaming lounges, but several bars host casual gaming nights. |
| 🎰 Casino & Gaming Halls | The iconic Casino de Monte-Carlo is world-renowned and offers a variety of gaming experiences. |
Business
| 🏢 Studio Purchase Price (City Center) | Approx. €49,000 per m² (e.g., 30 m² = €1,470,000) |
| 🏢 Studio Purchase Price (Outside City) | Outside of Monaco Ville, prices can be lower but generally still high, from €30,000 per m². |
| 🏠 1-Bedroom Purchase Price (City Center) | Approx. €48,000 per m² (e.g., 50 m² = €2,400,000) |
| 🏠 1-Bedroom Purchase Price (Outside City) | Prices start around €30,500 per m² in nearby areas. |
| 🏡 2-Bedroom Purchase Price (City Center) | Approx. €43,000 per m² (e.g., 80 m² = €3,440,000) |
| 🏡 2-Bedroom Purchase Price (Outside City) | Prices outside Monaco can begin at about €26,000 per m². |
| 💼 Corporate Tax | Monaco has no corporate tax for companies that do not earn more than 25% of revenue outside. |
| 💵 Dividend Withholding Tax | There is no withholding tax on dividends in Monaco. |
| 🏦 Tax System | Monaco does not levy personal income taxes. |
| 📈 Highest Income Tax Bracket | Monaco has a zero-income tax policy for residents. |
| 🧾 VAT | The standard VAT rate in Monaco is 20%. |
| 🌐 Controlled Foreign Company (CFC) Rules | Yes, strict CFC rules are in place. |
| 🏠 Property Tax | No annual property tax is levied but various fees on property transactions exist. |
| 🏠 Property Transaction Tax | A registration fee of approximately 7.5% applies when purchasing property. |