Property prices Ravin de Sainte-Devote Monaco
Together with the district of Monaco-Ville, Ravin de Sainte-Dévote belongs to the so-called Secteurs réservés, which can be translated as “protected area”. According to the decree of 2013, these are urban districts whose current character must be preserved.
As the gorge is several tens of metres below the neighbouring area, there are few buildings in Ravin de Sainte-Dévote. However, the gorge is “framed” by buildings on the sides. Among these buildings there are numerous old villas in the style of the Belle Epoque. If some of these villas have to give way to bigger complexes is not clear until now. In the year 2017, a building project was last presented to the city council that four of these villas should give way to. Regardless of this, properties around the Sainte-Dévote canyon are very hard to find, as they are considered to be real rarities. And as is the case with real rarities, the prices are of course kept quiet.