More than 250 state-owned apartments newly allocated under Monaco’s National Housing Plan

Following a call for applications last autumn, the Monaco Government has announced that 254 state-owned homes have been allocated to Monegasques and their families under the National Housing Plan. 

A meeting of the Commission for the Allocation of State Housing concluded on 13th February with the announcement that 254 properties across the Principality had been allocated to successful candidates who had put their names and needs forwards during an application process that ran from 11th September to 6th October 2023. 

The properties are based in three real estate developments: Block C of the Grand Ida near the Jardin Exotique and Boulevard Rainier III; the Carmelha, distinctive for its wooden façade and sustainable attributes; and the Tour Réséda of the Testimonio II Bis building.  

Of those who applied for studios, 100% were accommodated by the Commission. 61% of those looking for a one-bedroom property were successful as well as 60% of applicants seeking a two-bedroom home. A full 85% after a three-bedroom apartment got what they asked for, while 50% of those searching for a four-bedroom flat had their wishes answered.  

304 state-owned properties were allocated in 2023 and 212 units were made available to Monegasques looking for a new home in 2022.  

 

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Photo source: Slim Mars, Unsplash