In Monaco, players engage in top-down stealth and action gameplay, where they can choose from eight unique characters, each with distinct skills and abilities, to execute heists. The game encourages strategic planning and teamwork, allowing players to approach levels in various ways based on their character selection.

The storyline of Monaco follows a group of criminals as they embark on a series of heists, culminating in a final chapter that shifts perspective to the police side. This narrative structure adds depth to the gameplay experience.

Monaco stands out with its cooperative multiplayer mode, enabling up to four players to work together or compete against each other, as well as its distinctive art style and engaging sound design that enhance the immersive experience of the criminal underworld.