Monaco Real Estate News
LUXURY REAL ESTATE MARKET AND THE WEALTH GAINS EFFECT IN MONACO
The real estate market of Monaco has been particularly dynamic since the beginning of 2018. As stated in our newsletter from February 2018, there have never been two consecutive years of decrease in the average value of real estate transactions in the principality. The trend of the first half of 2018 is confirming this statement and we believe that the dynamism of the market is currently being supported by the so-called wealth gains effect.