Monaco has been the most expensive real estate market in the world for four consecutive years. The average property price has increased by 6% to 4.5mln EUR in 2017. Shortage of new residential properties is being felt within all segments of the market and is pushing property values to new levels.[…]
The process of buying real estate in Monaco is fairly straightforward, even if different and unique in some aspects from that of other countries, including France. There are three notary public officials appointed by the Princely Order acting on behalf of the state who participate in transactions from the offer stage to the legal transfer of the property.[…]
Monaco estate agents are a major source of properties in the Principality; close to 100% of property dealings are completed with the participation of estate agents.
There are over 100 local agencies servicing clients from all over the world. In addition to Monaco-based estate agencies,[…]
The Monaco property market is unique in many ways when compared to other luxury international real estate markets. One of the unique characteristics is the size of the Principality, which severely limits the potential for new builds.[…]
Luxury apartments in Monte Carlo’s Golden Square are synonymous with prestige. Home to some of the finest appointed apartments and penthouses, the Golden Square simply oozes glamour and culture. Monte Carlo provides a unique atmosphere,[…]
Monaco Real Estate Demand
Monaco real estate continues to be an attractive investment, not just because of its tax benefits, but because it has a growing economy, political stability, top notch schools, quality healthcare system, clean air, great events, fantastic weather,[…]
The Tour Odéon in Monaco caters to a very specific market. With its small size, Monaco has limited potential to supply new properties, but when it does they are sure to impress. New builds are typically apartments,[…]