MONACO • THE MAIN REAL ESTATE MARKET FIGURES 2019

We present to you a summary of the economic balance sheet of the real estate sector in Monaco for the year 2019.

Lexicon:

" Sales " corresponds to the sales of new apartments of new construction or under construction.
" Resales " corresponds to the sales of apartments which are not new constructions.

1- INTRODUCTION

The average price per m² is of 48.000€ !
The aggregate value of all transctions (first-times sales and reasales of existing properties) rose by (+4,4 %) to almost 3 billion euros (€ 2,8 Bln).

Aggregate value of real estate transactions

2 - MONACO REAL ESTATE MAP

The Principality's territory has been divided into 9 official districts:

Monte-Carlo
La Rousse
Jardin Exotique
Fontvieille
La Condamine
Les Moneghetti
Larvotto
Monaco Ville
Ravin Sainte Dévote

Real estate resale transactions by district

More than one in four transactions take place in Monte-Carlo