Property Prices in Monaco

Index Info
Price to Income Ratio: 46.14
Mortgage as Percentage of Income: 304.92%
Loan Affordability Index: 0.33
Price to Rent Ratio - City Centre: 38.44
Price to Rent Ratio - Outside of Centre: 47.51
Gross Rental Yield (City Centre): 2.60%
Gross Rental Yield (Outside of Centre): 2.10%
Rent Per Month
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Apartment (1 bedroom) in City Centre 6,364.57 $ 2,679.38-10,717.52
Apartment (1 bedroom) Outside of Centre 4,732.72 $ 2,143.50-11,707.81
Apartment (3 bedrooms) in City Centre 22,372.82 $ 9,645.76-64,305.10
Apartment (3 bedrooms) Outside of Centre 14,468.65 $ 6,430.51-32,152.55
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 7,085.93 $ 4,978.41-9,458.97
Price per Square Feet to Buy Apartment Outside of Centre 5,990.68 $ 4,480.57-8,463.29
Salaries And Financing
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Average Monthly Net Salary (After Tax) 7,627.25 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.92 2.00-4.00

These data are based on 65 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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