Europe, Luxury, News

Homes in Monaco are Now the World’s Most Expensive

Homes in Monaco are Now the World’s Most Expensive

According a report from Savills, Monaco now has the world’s most expensive home prices. Monaco with an approximate population of 38,400 recorded an average resale price of US$44,992 per square meter in 2016. The value of total transactions also reached a record high of US$2.93 billion.

“an average resale price of US$44,992 per square meter in 2016.”

~ Bloomberg

Monaco has overtaken Hong Kong which is the second most expensive prime residential market with prices at US$42,489 per square meter.

Related Reports: Mansion Global, Bloomberg

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