Monaco allocates 156 state-owned homes in latest housing commission

Monaco’s government has allocated 156 state-owned properties to Monegasque households, following an open application period that ran from September to October last year.

The Housing Attribution Commission met on Friday 6th March under the chairmanship of Pierre-André Chiappori, Government Councillor and Minister of Finance and Economy. Of the properties allocated, 49 are newly built apartments in Block A of the Héméra Residence — the second phase of allocations in that building, following the attribution of Block B last year — and 107 are renovated apartments distributed across the Principality.

The results indicate that demand is being met in two key areas. More than two thirds of applicants whose family circumstances required an additional room received an offer matching their needs. Among applicants who did not yet hold a property in the Principality, 60% received an offer.

The allocations bring the total number of state-owned homes attributed to Monegasque households to more than 1,300 since the National Housing Plan was launched in 2019 — an average of roughly 185 per year over seven years.

The government described the results as evidence of the state housing stock’s capacity to respond to residents’ evolving needs, and said the programme would continue through a combination of new construction, accelerated renovation of existing properties and regular improvements to housing standards across the domanial portfolio.

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Photo credit: Cassandra Tanti