
Spotlight: Monaco – 2024
"While not immune from global events and trends outside its borders, Monaco continues to punch above its weight, maintaining its position as the world’s most expensive prime property market in 2023"
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"While not immune from global events and trends outside its borders, Monaco continues to punch above its weight, maintaining its position as the world’s most expensive prime property market in 2023"

"Inflationary pressures and difficult market conditions in the prime residential markets across the globe lead to a subdued set of growth performance figures in 2023"

"Rents outpaced capital values in 2023, with 28 of the 30 cities tracked in the World Cities index experiencing positive rental growth. Rents increased by an average of 5.1% compared to the average capital value growth of 2.2% for 2023"

"A record-breaking year for residential property unaffected by global uncertainty"

"Rents outpaced capital values last year, increasing by an average of 5.9% in 2022, and bringing total growth to 10% in the last two years"

"While cities are still in vogue, global capital value growth slowed during the second half of 2022. The prime rental markets, however, told a different, more positive story"
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"Monaco property market reaches new highs as Principality continues its Covid-19 recovery"

"Prime residential real estate continued its significant growth in the second half of 2021, as professionals, students and jet-setters returned to cities, a trend expected to continue in 2022"

"Many of the factors which helped drive the prime residential market in the second half of 2020 are expected to continue into 2021"

"Prime residential markets show resilience amid Covid-19 headwinds"