Investing in short-term rentals near Monaco can be very profitable, but only if the right location is chosen. On the French Riviera, not all towns perform equally well for seasonal rentals. Some areas have very strong demand, while others are less dynamic.
Roquebrune-Cap-Martin: the best balance
Roquebrune-Cap-Martin is probably the most balanced area for short-term rental investment near Monaco. It is close to Monaco, property prices are still lower than in the Principality, and tourist demand is strong. Small apartments with terraces or sea views near the beach or the town center usually perform best.
Beausoleil: the Monaco strategy
Beausoleil is directly next to Monaco and attracts both professionals working in Monaco and tourists. Demand is stable throughout the year, but choosing the right building and exact location is essential.
Cap-d’Ail: a more premium market
Cap-d’Ail attracts a higher-end clientele thanks to its beaches and quieter environment. Renovated apartments with terraces and sea views are particularly attractive for seasonal rentals.
Menton: yield and occupancy
Menton is often underestimated, but property prices are more affordable and tourist activity is strong. This often results in a high occupancy rate and good rental yields.
Conclusion
There is no single perfect town for everyone, but there is a right strategy for every investor. The choice of location should always depend on budget, property type and investment goals.