Phase 2 of the National Plan: Housing for Monegasques in Monaco

Housing for Monegasques: Launch of Phase 2 of the National Plan in Monaco

In Monaco, housing has been a national priority for several years. It is considered a major social issue essential to ensuring the quality of life for Monegasque families. The Princely Government has undertaken a continuous effort to improve the supply of public housing and to address the specific needs of residents. Following an intensive first phase of construction, the Principality is now launching the second phase of the National Plan for Monegasque housing. This marks a major strategic step for the future of residential development in Monaco.

This second phase aims to provide sustainable and equitable solutions to the housing needs of Monegasque families, while adapting to demographic and social changes. It continues the Plan initiated in 2019, which has already significantly transformed Monaco’s residential landscape.

Review and Ambitions of the First Phase of Public Housing in Monaco

The first phase of the National Housing Plan, launched in 2019, was a notable success. It delivered over 600 new housing units, representing a total investment of nearly €1.5 billion. These residences were developed in several strategic districts and cater to young couples, large families, and single residents.

One of the main lessons from this initial phase was the need to combine quantity with quality. The units were designed to provide comfort, safety, and modern amenities. They include functional spaces adapted to family life and the requirements of dense urban living. These initial results have strengthened citizens’ confidence in public housing policies.

Building on this positive outcome, the Princely Government has set higher ambitions for the second phase. The objective is clear: to enable nearly three-quarters of Monegasques to live in public housing by 2029. This ambition relies on a strategic approach combining construction, urban planning, and intelligent management of available spaces in the Principality.

Key Projects in Phase 2 of the National Housing Plan

The second phase of the Plan includes a series of major projects designed to increase the housing supply while enhancing residents’ quality of life. These developments are spread across various Monaco neighborhoods and are designed to comply with the Principality’s urban planning and environmental constraints.

Several flagship projects are planned, with regular completions through 2029. The “Résidence Héméra – Block A” will offer 50 units, while the “Bel Air” program will provide 197 units. The “Larvotto Supérieur” project will add 35 units, “La Luciole” will include 27, and the “Hector Otto” development plans to deliver 76 to 90 units.

The goal is to meet the diverse housing needs of Monegasques while integrating harmoniously into the existing urban fabric.

Modernization of Allocations and Enhancement of the Residential Experience

Phase 2 of Monaco’s National Housing Plan goes beyond the construction of new public housing. It also includes a comprehensive reform of the allocation process, designed to make it faster, more transparent, and better aligned with the needs of Monegasque families.

An update to the criteria for public housing allocations is planned, with the implementation of a new methodology announced by the Princely Government. This reform aims to improve the management of housing applications in Monaco.

The objective is to take greater account of Monegasque household situations and evolving residential needs. The allocation process will therefore be more efficient, more transparent, and better adapted to social realities, while respecting the priorities defined by the State.

This administrative modernization of housing in Monaco is a key lever for simplifying access to public housing. It aims to provide a smoother, more efficient experience for citizens and to guarantee equitable access to new residences.

Social Impact and Long-Term Perspectives for Monaco

Phase 2 of the National Housing Plan has a significant impact on residents’ daily lives and on Monaco’s overall attractiveness.

It strengthens residential stability for families and ensures a safe and sustainable living environment.

It also contributes to optimizing space usage in a densely populated Principality while preserving quality of life.

Furthermore, it supports the settlement of younger generations, helping to maintain social diversity in Monaco.

In the long term, this policy contributes to creating a public housing stock adapted to demographic changes, offering accessible and functional housing for decades to come.

Conclusion: Sustainable and Accessible Housing for All Monegasques

Phase 2 of the National Housing Plan for Monegasques demonstrates Monaco’s commitment to preserving and enhancing access to housing for its citizens. This initiative reflects a long-term vision that combines residential construction, administrative modernization, and strategic planning.

Through this approach, Monaco ensures quality of life, social stability, and residential attractiveness while providing families with a safe and sustainable environment. These new public housing units represent a major lever for strengthening the Principality as an exemplary territory in terms of social and sustainable housing.

FAQ – Phase 2 of the National Plan in Monaco

When was Phase 2 of the National Housing Plan for Monegasques launched?

Phase 2 was launched as a continuation of the Plan initiated in 2019 to continue the development of public housing in Monaco.

What is the objective of this second phase of the housing plan in Monaco?

To enable nearly three-quarters of Monegasques to access public housing by 2029 while ensuring comfort and quality of life.

Who is eligible for public housing in Monaco?

Housing is reserved for eligible Monegasques according to social, family, and residency criteria defined by the State.