Property Prices in Monaco

Index Info
Price to Income Ratio: 46.91
Mortgage as Percentage of Income: 310.04%
Loan Affordability Index: 0.32
Price to Rent Ratio - City Centre: 39.55
Price to Rent Ratio - Outside of Centre: 52.06
Gross Rental Yield (City Centre): 2.53%
Gross Rental Yield (Outside of Centre): 1.92%
Rent Per Month
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Apartment (1 bedroom) in City Centre 6,271.81 € 4,000.00-10,000.00
Apartment (1 bedroom) Outside of Centre 4,665.87 € 2,500.00-10,924.00
Apartment (3 bedrooms) in City Centre 21,100.00 € 9,000.00-60,000.00
Apartment (3 bedrooms) Outside of Centre 10,250.00 € 6,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 6,994.21 € 4,645.11-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre 5,411.56 € 4,180.60-7,896.69
Salaries And Financing
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Average Monthly Net Salary (After Tax) 7,116.62 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.92 2.00-4.00

These data are based on 73 entries in the past 18 months from 17 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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