Property Prices in Monaco

Index Info
Price to Income Ratio: 51.26
Mortgage as Percentage of Income: 318.70%
Loan Affordability Index: 0.31
Price to Rent Ratio - City Centre: 46.68
Price to Rent Ratio - Outside of Centre: 58.88
Gross Rental Yield (City Centre): 2.14%
Gross Rental Yield (Outside of Centre): 1.70%
Rent Per Month
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Apartment (1 bedroom) in City Centre 5,891.35 € 2,500.00-10,000.00
Apartment (1 bedroom) Outside of Centre 3,367.32 € 2,500.00-5,000.00
Apartment (3 bedrooms) in City Centre 18,571.43 € 8,000.00-50,000.00
Apartment (3 bedrooms) Outside of Centre 10,533.33 € 3,200.00-17,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 7,458.72 € 4,645.11-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre 5,353.49 € 4,180.60-6,967.67
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,726.35 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.26 2.00-2.50

These data are based on 80 entries in the past 18 months from 17 different contributors.
Last update: October 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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