Not only is Monaco’s housing market the most expensive in the world, it is also highly complex and can be divided into three categories:
- governmental developments and properties reserved primarily for citizens;
- off-market developments, or properties that are accessed confidentially; and
- open-market properties that are widely advertised.
Even though the Principality’s footprint is only 2.1 km², property prices often vary dramatically within districts – from half to double the average price per square meter. That is why each transaction should be carefully analyzed to factor in appropriate pricing and intrinsic value.
Viviani Champfleury Barco (VCB) has a rich history of helping discerning buyers and sellers to perform a wide range of transactions. With 30 years of experience, in-depth knowledge of the market, and strong connections with key industry players, the VCB team has access to a comprehensive (and constantly updated) database of Monaco’s property market. By leveraging our expertise, network, and resources, we help our clients to identify the best possible opportunities to achieve their goals.