Property Prices in Monaco

Index Info
Price to Income Ratio: 63.39
Mortgage as Percentage of Income: 380.71%
Loan Affordability Index: 0.26
Price to Rent Ratio - City Centre: 39.96
Price to Rent Ratio - Outside of Centre: 55.23
Gross Rental Yield (City Centre): 2.50%
Gross Rental Yield (Outside of Centre): 1.81%
Rent Per Month
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Apartment (1 bedroom) in City Centre 5,204.40 € 1,800.00-9,500.00
Apartment (1 bedroom) Outside of Centre 3,511.87 € 2,500.00-5,000.00
Apartment (3 bedrooms) in City Centre 22,500.00 € 8,000.00-50,000.00
Apartment (3 bedrooms) Outside of Centre 10,200.00 € 3,200.00-17,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 6,874.77 € 4,645.11-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre 5,016.72 € 4,180.60-6,503.16
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,047.78 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.88 1.50-2.27

These data are based on 74 entries in the past 18 months from 13 different contributors.
Last update: January 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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