Monaco: a record year for the real estate market

A few days ago, the Monegasque statistical institute, IMSEE, unveiled the exceptional figures for the Monegasque economy, in particular on the local real estate market. The time for crises is over, and growth is resuming its course with a vigor that many countries would envy us. Indeed, after two years disrupted by various crises, the real estate market is growing by more than 18% compared to 2021, with a number of 520 transactions valued at 3.54 billion euros. Note, for example, the extraordinary rebound of the new home market, which quadrupled in volume and multiplied its value by 5 (88 apartments sold for a sum of 1.2 billion euros). The old market is not to be outdone, with 432 transactions and a turnover of 2.3 billion euros.

The Coldwell Banker Etic Realty agency is proud to contribute to the dynamism of the real estate market in Monaco and wishes to take advantage of the current trend of growth in this market to provide its clients and investors with the exceptional opportunities promised by the figures mentioned above. .

Indeed, there are currently many construction sites in the Principality of Monaco, and the marketing of new properties will only continue in the years to come. We invite all those interested in the "destination Monaco" to carefully weigh the current and unique opportunity to choose the Principality for their real estate investments!