Property Prices in Monaco

Index Info
Price to Income Ratio: 39.84
Mortgage as Percentage of Income: 261.19%
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 5,383.74 $ 2,625.62-13,653.21
Apartment (1 bedroom) Outside of Centre 4,968.72 $ 2,100.49-13,128.09
Apartment (3 bedrooms) in City Centre 24,549.52 $ 9,452.22-63,014.82
Apartment (3 bedrooms) Outside of Centre 8,401.98 $ 6,301.48-10,502.47
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 6,478.67 $ 4,878.52-9,269.18
Price per Square Feet to Buy Apartment Outside of Centre 5,171.23 $ 4,097.95-7,317.77
Salaries And Financing
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Average Monthly Net Salary (After Tax) 7,868.40 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.83 2.00-4.00

These data are based on 55 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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