Real Estate

The Principality of Monaco offers a dynamic economy, political stability, a high level of personal security, a world-class education system and a temperate Mediterranean climate, making it one of the world’s most attractive real estate markets.

Property values have reached record levels, with average prices per square metre among the highest globally, confirming Monaco’s position as one of the most prestigious and sought-after markets. Here, real estate is far more than an investment: it is a lifestyle choice, a source of long-term stability and a symbol of exclusivity.

With a territory of just two square kilometres, supply remains inherently limited, while demand, driven by an international, high-net-worth clientele, continues to grow. This interplay between scarcity and demand continues to drive value. In such a highly competitive environment, each transaction requires a precise understanding of legal, tax and wealth structuring considerations.

We support our clients at every stage of their real estate projects, providing tailored advice grounded in deep local market knowledge and a strong understanding of international standards.

Working closely across our teams, we deliver an integrated service tailored to the complexity and scale of each project.

Working alongside our Banking & Finance and Business Law teams, we regularly advise on acquisitions, project financing and the structuring and securities enforcement. We also work closely with our Tax team to anticipate and address the Monaco and French tax implications of real estate investments.

In addition, our Private Clients team supports ultra-high-net-worth individuals in structuring and managing their real estate assets,
delivering pragmatic, forward-looking solutions aligned with their objectives and risk profile. This integrated, multidisciplinary approach enables us to provide seamless, 360° legal support. As a one-stop shop for the Monaco real estate market, we deliver comprehensive legal solutions designed to protect your interests and support successful project delivery.

Led by Sophie Marquet, our Real Estate & Construction team brings together Monaco law specialists with a high level of technical expertise. 

Our Real Estate & Construction team has a market-leading track record of advising a broad range of real estate stakeholders in Monaco, including developers, contractors, property companies, real estate agents, property managers, banks and investors. We deliver a full-service, forward‑looking approach, combining legal expertise with innovative LegalTech solutions.

Our support spans the full range of legal and contentious matters, covering both legal and tax aspects, across advisory work and disputes. We are widely recognised for our work on complex and high-value matters. We provide bespoke, pragmatic solutions tailored to our clients’ objectives and risk profile.

By anticipating risks and identifying the most effective strategies early, we help protect our clients’ interests and support successful project delivery.

Legal 500 EMEA - Tier 1

"Working with CMS Monaco means you get a high-quality service with a wide range of specific expertise while maintaining a local approach and high availability. The professionalism within a structured and efficient organisation is particularly noteworthy."

"Sophie Marquet has advised us in many Monaco real estate transactions, her diligence has helped us avoid important pitfalls and saved us from unjustified claims. Her standing with important industry players opens the door for direct talks and rapid solutions."

Chambers & Partners - Band 1

"CMS has the right person for every aspect of a case. The team is very professional and rapid in its turning around of the work."

"According to clients, Sophie Marquet is 'very calm, very organised and thorough in her approach'. Interviewees appreciae that Marquet 'will do her utmost to give clear answers or guidelines'."