PROPERTY FOR SALE IN MONACO FROM 2 801 216 💷 GBP
- Location:
- MONACO
- Category:
- INVESTMENT PROPERTY
- Type:
- Property for Sale
- Beds:
- -
- Currency:
- £ GBP
- Prices:
- -
- Results:
- 1 listings
Featured
Yield:
Contract Term:
Finance:
Opportunity:
3 - Bed - Residential Buy to Let
£2,801,216
Jardin Exotique, Commune de Monaco, Monaco
Residential Buy to LetProperty for Sale - find opportunities in Monaco on TheMoveChannel.com.
While the rest of the 🌎 world has been fighting a large-scale financial crisis, Monaco seems to have slipped by like nothing happened. Since 2006, the average value of properties in Monaco has soared by no less than 50 per cent, which given the already eye-watering average in this billionaire’s playground is no minor hike. Rental yields remain some of the poorest in all of v Europe – about 1.5 per cent is the best you can expect to get for an outstanding apartment in the heart of Monaco. What’s more, the 16 per cent buying costs are also much higher than most other areas of v Europe, so investing in Monaco is by no means a cheap affair. Nevertheless, when considering the gigantic property value hikes common in a region where seven and eight-figure properties dominate the market, the opportunities for shrewd investors are truly remarkable.
While the rest of the 🌎 world has been fighting a large-scale financial crisis, Monaco seems to have slipped by like nothing happened. Since 2006, the average value of properties in Monaco has soared by no less than 50 per cent, which given the already eye-watering average in this billionaire’s playground is no minor hike. Rental yields remain some of the poorest in all of v Europe – about 1.5 per cent is the best you can expect to get for an outstanding apartment in the heart of Monaco. What’s more, the 16 per cent buying costs are also much higher than most other areas of v Europe, so investing in Monaco is by no means a cheap affair. Nevertheless, when considering the gigantic property value hikes common in a region where seven and eight-figure properties dominate the market, the opportunities for shrewd investors are truly remarkable.