Property Prices in Monaco

Index Info
Price to Income Ratio: 39.84
Mortgage as Percentage of Income: 263.33%
Loan Affordability Index: 0.38
Price to Rent Ratio - City Centre: 35.13
Price to Rent Ratio - Outside of Centre: 52.78
Gross Rental Yield (City Centre): 2.85%
Gross Rental Yield (Outside of Centre): 1.89%
Rent Per Month
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Apartment (1 bedroom) in City Centre 5,126.17 € 2,500.00-13,000.00
Apartment (1 bedroom) Outside of Centre 4,731.00 € 2,000.00-12,500.00
Apartment (3 bedrooms) in City Centre 23,375.00 € 9,000.00-60,000.00
Apartment (3 bedrooms) Outside of Centre 8,000.00 € 6,000.00-10,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 6,168.71 € 4,645.11-8,825.72
Price per Square Feet to Buy Apartment Outside of Centre 4,923.82 € 3,901.90-6,967.67
Salaries And Financing
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Average Monthly Net Salary (After Tax) 7,491.95 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.92 2.00-4.00

These data are based on 56 entries in the past 18 months from 15 different contributors.
Last update: October 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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