Real Estate Prices & Statistics
RENTAL YIELD IN MONACO
Most Monegasque investors seek to make their investments profitable by buying and reselling real estate at a higher price within 1 to 4 years. But what about long-term investors who want to build up real estate assets that will provide them with regular income over a long period of time? Where should they invest and in what type of buildings? The following table, based on the current sale and rental prices of about 200 properties in Monaco, shows that investments in Studios offer for most areas of Monaco, the highest returns. Similarly, less popular neighborhoods like La Condamine and Monaco Ville offer higher yields on average than more popular ones like the Carré d'Or and Monte Carlo.
MONACO REAL ESTATE MARKET TREND AND OUTLOOK FOR 2018
Average value of transactions on the Monaco real estate market [2000 - 2017]
Looking at 2017, the average value of transactions on the Monegasque real estate market decreased by 6% compared to 2016. This decline is the result of rising nominal interest rates in the United States and the quantitative easing program in Europe, both followed by rising government bond yields. Investors must therefore support higher interest rates on their investments.
