Property Prices in Monaco, Monaco

Index Info
Price to Income Ratio: 61.31
Mortgage as Percentage of Income: 405.23%
Loan Affordability Index: 0.25
Price to Rent Ratio - City Centre: 31.64
Price to Rent Ratio - Outside of Centre: 58.09
Gross Rental Yield (City Centre): 3.16%
Gross Rental Yield (Outside of Centre): 1.72%
Rent Per Month
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Apartment (1 bedroom) in City Centre 7,543.61 € 4,500.00-13,000.00
Apartment (1 bedroom) Outside of Centre 6,000.00 € 2,000.00-12,500.00
Apartment (3 bedrooms) in City Centre 27,833.33 € 9,000.00-60,000.00
Apartment (3 bedrooms) Outside of Centre 7,000.00 € 6,000.00-8,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 7,122.51 € 6,038.65-8,361.20
Price per Square Feet to Buy Apartment Outside of Centre 5,945.75 € 4,552.21-9,290.23
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,735.56 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.92 2.27-4.00

These data are based on 32 entries in the past 18 months from 8 different contributors.
Last update: May 2024

Sources and References
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