Property Prices in Monaco, Monaco

Index
Price to Income Ratio:	57.86
Mortgage as Percentage of Income:	382.38%
Loan Affordability Index:	0.26
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%

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Rent Per Month	Edit	Range
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	Edit
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	Edit
Average Monthly Net Salary (After Tax)	6,078.33 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	2.92	2.27-4.00

These data are based on 30 entries in the past 18 months from 6 different contributors.
Last update: May 2024

Sources and References

Nearby cities:

Property Prices in La Condamine	0.77 miles
Property Prices in Monte Carlo	0.91 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	115,700.00
GDP Growth Rate:	11.10%
Population Growth Rate:	0.66%