The Colombian striker recently made a big-money move to the wealthy French side and is hoping more big names will join him at Stade Louis II
The 27-year-old recently completed a €47 million move to the club from Atletico Madrid, following in the footsteps of James Rodriguez and Joao Moutinho.
And the Colombian is excited about the club's long-term future and hopes to be playing alongside other stars in the coming weeks.
"The project at Monaco is a long-term one," Falcao told Antena3.
"We want to be playing at a high level of European football and I look forward to other top players arriving at the club in the coming weeks."
The Colombian feels he will play a key role in the side, but admits that they lack pedigree in comparison with Europe's elite sides.
"I'm going to be a key player in the team, but they are certainly not the one with the most history in Europe or the facilities to meet these goals," he added.