Geographic Information
Description of Monaco
While the rest of the world has been fighting a large-scale financial crisis, Monaco seems to have slipped by like nothing happened. Since 2006, the average value of properties in Monaco has soared by no less than 50 per cent, which given the already eye-watering average in this billionaire’s playground is no minor hike. Rental yields remain some of the poorest in all of Europe – about 1.5 per cent is the best you can expect to get for an outstanding apartment in the heart of Monaco. What’s more, the 16 per cent buying costs are also much higher than most other areas of Europe, so investing in Monaco is by no means a cheap affair.
Nevertheless, when considering the gigantic property value hikes common in a region where seven and eight-figure properties dominate the market, the opportunities for shrewd investors are truly remarkable.
Current Property Prices in Monaco
34 properties listed for sale in Monaco
1 bed apartments:
6 listed for sale£1,361,326 to £4,452,136
Average: £3,043,719
2 bed apartments:
9 listed for sale£2,440,113 to £14,383,824
Average: £5,959,964
3 bed apartments:
6 listed for sale£4,666,181 to £25,257,310
Average: £16,631,296
4 bed houses:
1 listed for sale£34,247,200 to £34,247,200
Average: £34,247,200
Key Facts:
Currency: EURTime Zone: CET (UTC+1)
DialCode: +377
Languages: French language
Capital: Monaco{{ref label
Population: 35,352
GDP: $5.424 billion
Latest News & Features for Monaco
Latest News
Younger investors build momentum in Monaco
Watch – A look ahead at Monaco’s Luxury Yacht Show
Investments Explained: Residential property
London house prices will grow by 6pc this year
Property bargain hunters eye Euro opportunities
Monaco retains title as the world’s most prestigious property address
Property sales in south of France expected to rise
French Riviera sales boost as prices stabilise in €1m-plus market
Video: Travel guide to Monaco
Video: Travel guide to Monaco
Monaco the world’s most expensive luxury home market
HSBC releases online app for expats
Monaco tops world life expectancy list
World’s wealthy still keen to buy
Global phenomenon
New property sites launched
Monte Carlo hit by crunch
Monte Carlo hit by crunch
Monaco overtakes London
Monaco overtakes London
Watch – A look ahead at Monaco’s Luxury Yacht Show
Investments Explained: Residential property
London house prices will grow by 6pc this year
Property bargain hunters eye Euro opportunities
Monaco retains title as the world’s most prestigious property address
Property sales in south of France expected to rise
French Riviera sales boost as prices stabilise in €1m-plus market
Video: Travel guide to Monaco
Video: Travel guide to Monaco
Monaco the world’s most expensive luxury home market
HSBC releases online app for expats
Monaco tops world life expectancy list
World’s wealthy still keen to buy
Global phenomenon
New property sites launched
Monte Carlo hit by crunch
Monte Carlo hit by crunch
Monaco overtakes London
Monaco overtakes London
