Real estate & property

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 …

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 …

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 …

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 …

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 …