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We rely upon official data which is published by Monaco statistics office every year. It helps our buyers to plan their purchases in Monaco, analyze and foresee the trends.
Important facts:
- 2015 was marked in considerable increase in new construction in Monaco. Three new residences were delivered: Méridien, Tour Odéon and Petite Afrique. They released 195 new apartments to the market (it is a lot for Monaco) of which 38 were sold already in 2015.
- 2015 showed small descrease in number of sales for secondary market (-8%) showing 509 units resold.
- If you are purchasing real estate in Monaco with resale purposes, please, note that by official statistics of 509 apartments sold there was the following distribution by type of property in Monaco:
- 163 - 1-bedroom apartments
- 138 - studios
- 126 - 2-bedroom apartments
- 36 - 3-bedroom apartments
- 36 - 4-bedroom apartments
- 10 - villas
All 509 sale and purchase deals had the following geographical distribution:
- 162 - La Rousse -Saint Roman
- 159 - Monte-Carlo
- 51 - Jardin Exotique
- 45 - Fontvieille
- 42 - Condamine
- 33 - Moneghetti
- 16 - Monaco-Ville
- 1 - Larvotto
The statistics show that the most popular format is 1-bedroom apartment in La Rousse or Monte-Carlo.