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Housing in Monaco: Market Overview

House Hunting in … Monaco

Market Overview Monaco is the most expensive property market in the world, according to a recent report by the international real estate company Savills: in 2016, the average resale price was $45,360 (or 41,400 euros) per square meter, compared with $42,840 (or €39,100) per square meter in Hong Kong and $31,994 (€29,200) in Tokyo, the next-most-expensive markets. The average price …

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Property market trends: first quarter 2017

Monaco

According to the latest study by the Real Estate Observer of ‘Crédit Foncier’, the housing market in PACA is expected to sustain in 2017. The report reveals that in 2016, activity in the housing market accounted for 29% of total transactions for the Alpes Maritimes and 22% for Var. In general, prices have increased in the coastal departments, but prices …

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Monaco homes are world’s most expensive

property

The Principality of Monaco claims the most expensive home prices of any country in the world, according to a report on the tiny nation from Savills released Wednesday. Monaco, an independent slice of the French Riviera with an approximate population of 38,400, recorded an average resale price of €41,400 (US$44,992) per square meter in 2016, a record for the tiny …

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It is the time to purchase luxury property?

Luxury Property

According to a study by Lux-Résidence.com, purchasers of prestigious properties are 64% convinced that now is time to buy. Optimism moderated by the possible evolution of tax policies While they were only 50% sure that the market would become stronger in 2015, “premium” buyers are now more confident and plan to acquire property in 2017. Unlike the traditional market, Real …

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Future views from the Housing Property Observatory: Southern France

real estate

The Alpes Maritimes Housing Property Observatory welcomes the fact that the housing property market is catching up while still pointing to the supply deficit in real estate. The current deficit since 2014 continues its rise in 2016 to + 14% Real estate market players are smiling again.Recently at the airport business centre, in front of an assembly of professionals and …

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Real estate in Monaco for $1 million: is it possible?

Property in Monaco

Monaco to London: how far will $1m go when buying prime property? In parts of Monaco, it will only buy enough square metres for a WC; in London it will stretch to the size of a bouncy castle. We may be about to witness the extinction of a very rare bird indeed: the $1m Monaco home. Savills agent Irene Luke …

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In Mougins, Picasso’s traditional farmhouse goes to auction

Picasso’s traditional farmhouse

If you have ever wanted to live like an artist, you now have the opportunity as the former home and studio of Picasso is currently for sale. News has revealed that the farmhouse in known as Notre-Dame-de-Vie, where Pablo Picasso died in 1973, could be auctioned off. The owner, a Dutch real estate tycoon, is facing financial difficulties. Information has …

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The five most beautiful villas and properties on the Riviera for sale

Expensive villas on the Côte d'Azur

In this article you have the chance to explore some of the most beautiful homes currently for sale on the French Riviera. The French Riviera is truly a paradise, no doubt about it. But a place in paradise costs dearly and only few can afford it. Most famous businessmen, actors and singers from around the world buy homes on the …

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THE MOST EXPENSIVE HOUSES IN THE WORLD FOR SALE. EUROPE – PART 2

Villa Chateau Mallet

HelloMonaco continues a series of publications about the most expensive houses in the world put up for sale. We will tell you about “crazy” offers as to their price and beauty, and also extravagance, in different corners of the globe. In 2014, a hedge funds tycoon Barry Rosenstein shocked the world of real estate by paying 147 million dollars for …

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THE MOST EXPENSIVE HOUSES ON SALE. EUROPE – PART 1

La Fiorentina

HelloMonaco starts a series of publications about the most expensive houses in the world put up for sale. We will tell you about “crazy” offers as to their price and beauty, also their extravagance, in different corners of the globe. In 2014, a hedge funds tycoon Barry Rosenstein shocked the world of real estate by paying 147 million dollars for …

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