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Guide
Essentials
🏙️ City | Moneghetti is a residential area in the principality of Monaco, known for its beautiful views of the Mediterranean Sea. |
👥 Population | Approx. 3,500 residents. |
💻 Internet Speed | Fiber-optic internet available, with speeds around 300 Mbps. |
💸 Currency & Banking | Monaco uses the Euro (1 EUR ≈ 1.07 USD). Major banks include Monte Carlo Société Générale and Banque Populaire de Monaco. |
🚰 Tap Water | Drinkable and of high quality, sourced from the local water system. |
🔌 Power | 230V, 50Hz, 🔌 Type C/E sockets. |
📶 SIM Card | Local providers include Monaco Telecom and roaming agreements with international carriers. |
💳 Banking for Expats | International banks like HSBC and local options like CFM Monaco are accessible. |
🛌 Accommodation | Available options include luxury apartments and high-end rentals via platforms like Airbnb and luxury real estate agencies. |
💳 Cashless Friendly | Yes, cards are accepted widely throughout the city. |
🏠 Short Term Rentals | Airbnb and Vrbo offer numerous listings in Moneghetti. |
🛏️ Budget Accommodation | While Moneghetti is upscale, budget options can be found in nearby areas or through hostels in Beausoleil. |
🏙️ Best Area to Stay for Tourists | Moneghetti is close to attractions while offering quieter residential life; an excellent choice for tourists. |
🏙️ Best Area to Stay for Digital Nomads | Moneghetti offers scenic views and is a short distance from co-working spaces in Monte Carlo. |
Working and Networking
🏢 Best Coworking Space | Le 39 is a popular co-working space located nearby in Monte Carlo. |
☕ Best Cafe for Work | Cafe de Paris offers a conducive atmosphere for remote work. |
💼 Networking Events | Attend events organized by the Monaco Economic Board to meet other entrepreneurs and nomads. |
🥂 Social Events for Expats | Join the Monaco Expats group on Facebook to stay updated on social gatherings. |
Transportation
🚕 Best Taxi/Ride App | Yango and local taxis are available for on-demand transportation. |
🚲 Bike/Scooter Rental | Monaco City Bike offers bike rentals for easy transportation around the city. |
🏖️ Best Beach Nearby | Larvotto Beach is the closest and offers sandy shores, about a 10-minute drive away. |
✈️ Top Regional Airline | Monaco does not have its airport; Nice Côte d'Azur Airport is the nearest option. |
✈️ Top International Airline | Air France and EasyJet provide international flights from Nice. |
🛣️ Highway Access | A8 motorway connects to Nice and other parts of France. |
🚉 Main Train/Transit Hub | Monaco Monte Carlo train station is the primary transport hub. |
🚍 Public Transport Passes | Monaco offers monthly public transportation passes for around €40, allowing unlimited travel within the principality. |
✈️ Regional Travel | Train services connect Monaco to nearby cities like Nice and Menton. |
Health and Wellness
🏥 Best Hospital | Princess Grace Hospital Centre is the main healthcare facility in Monaco. |
🧘 Yoga & Wellness Centers | Yoga Room Monaco offers classes and wellness services. |
🏋️ Gyms & Fitness Centers | Fitness First is a popular gym located in the nearby Monte Carlo area. |
🧺 Laundry Services | Lavoisier is a local laundromat providing services in Moneghetti. |
Food and Drink
📱 Best Food Delivery App | Glovo and UberEats operate in the region, providing diverse food options. |
🍽️ Best Local Dish to Try | Try Barbagiuan, a traditional Monegasque pastry filled with vegetables. |
🍱 Vegan/Vegetarian Options | Names like Cafe Llorca in Monte Carlo offer extensive vegetarian menus. |
🍫 Best Dessert Spots | Pâtisserie Louis is a renowned place for desserts, especially their pastries. |
🛒 Affordable Shopping Spots | The local markets in nearby areas offer fresh produce at reasonable prices. |
🛒 E-commerce/Online Store | Amazon and local online markets like vente-privee.com provide shopping options. |
🛒 Grocery Delivery | Monaco’s local supermarkets like Carrefour offer grocery delivery. |
🍸 Bar/Nightlife Area | The Monte Carlo casino area is famous for its nightlife. |
🍻 Local Brewery | Visit Brasserie de Monaco for local craft beers. |
🍷 Wine Bars | Wine Palace offers fine selections of wine in Moneghetti. |
🍲 Street Food Stalls | Street vendors offering crepes and other quick bites can be found during local events. |
🍕 Popular International Cuisine | Italian and French restaurants are abundant, with notable mentions like Il Barocco. |
Culture and Attractions
🎟️ Must-See Landmarks | The Prince's Palace and the Exotic Garden are must-visit spots in Monaco. |
🏛️ Museums & Art Venues | The Oceanographic Museum is a beautiful and educational site to visit. |
🏰 Historical Sites | The Monaco Cathedral is a key historical site famous for its architecture. |
🕍 Religious Sites | Saint Nicholas Cathedral is a prominent place of worship in Monaco. |
🎉 Annual Events | The Monaco Grand Prix in May attracts visitors from all over the world. |
🎨 Cultural Districts | Monaco-Ville is the historical district which offers culture and history. |
🎭 Theater Venues | The Théâtre Princesse Grace hosts various performances throughout the year. |
🛍️ Local Markets | The Condamine Market is a great place to find local products. |
🎼 Music Scene | The Monte-Carlo Philharmonic Orchestra offers world-class performances. |
🎨 Street Art | Moneghetti features some beautiful murals depicting local life. |
🧑🍳 Cooking Classes | The Monte Carlo Cooking School offers classes focusing on Mediterranean cuisine. |
👩🎨 Art Galleries | The Monaco Contemporary Art Museum features innovative exhibitions. |
🕰️ Historic Buildings | The Fort Antoine Theatre is a historic structure founded in 1950. |
🏴 Local Heritage | Monaco's heritage is prominently displayed at the Monaco Historical Archives. |
Nature and Outdoor Activities
🌅 Nearby Nature Escapes | The nearby Cap d'Ail offers stunning coastal paths and nature. |
🏞️ National Parks Nearby | Parc National des Calanques in France is a short drive away. |
🚲 Cycling/Walking Paths | The coastal pathway from Monaco to Menton is popular for walking and cycling. |
🌄 Scenic Viewpoints | The Tête de Chien provides a panoramic view of the area. |
🦉 Birdwatching Locations | The coastal cliffs near Moneghetti are great for birdwatching. |
🔥 Bonfire-Friendly Spots | Official areas near Larvotto Beach are suitable for bonfires in designated spots. |
Other Services and Amenities
📦 Parcel Delivery Service | DHL service center is located within Monaco for parcel delivery. |
🛠️ Tech Repair Services | iRepair provides tech support and repair in Monaco. |
🏓 Table Tennis Spots | Table tennis facilities are offered at many parks and community centers. |
🧑🏫 Language Classes | Language exchange meetups are popular for expatriates in Monaco. |
📚 Libraries & Study Spots | The Monaco Library offers quiet spaces for reading and study. |
🏘️ Community Centers | The Maison des Associations is a cultural space for community events. |
🕹️ Gaming Lounges | E-gaming lounges are available in nearby shopping centers like Fontvieille. |
🎰 Casino & Gaming Halls | Monte Carlo Casino is a famous gaming venue and tourist attraction. |
Business
🏢 Studio Purchase Price (City Center) | Approx. €50,000 per m²; 40 m² studio for €2,000,000. |
🏢 Studio Purchase Price (Outside City) | Approximately €30,000 per m²; 40 m² studio for €1,200,000. |
🏠 1-Bedroom Purchase Price (City Center) | Approx. €45,000 per m²; 60 m² for €2,700,000. |
🏠 1-Bedroom Purchase Price (Outside City) | Approx. €28,000 per m²; 60 m² for €1,680,000. |
🏡 2-Bedroom Purchase Price (City Center) | Approx. €40,000 per m²; 80 m² for €3,200,000. |
🏡 2-Bedroom Purchase Price (Outside City) | Approx. €25,000 per m²; 80 m² for €2,000,000. |
💼 Corporate Tax | 0% corporate tax for eligible companies. |
💵 Dividend Withholding Tax | No withholding tax on dividends for companies. |
🏦 Tax System | Monaco has an attractive tax system with 0% personal income tax for residents. |
📈 Highest Income Tax Bracket | 0%, Monaco does not impose personal income tax. |
🧾 VAT | 20% standard VAT rate, applicable mostly to goods and services. |
🌐 Controlled Foreign Company (CFC) Rules | Yes, there are specific regulations governing taxation of foreign entities. |
🏠 Property Tax | No annual property tax; small taxes related to ownership apply. |
🏠 Property Transaction Tax | Additional fees apply for property transactions, but typically lower than many European locales. |
💻 Attractive Tax System for Digital Nomads | Digital nomads benefit from Monaco's lack of personal income tax and high quality of life. |