Real Estate Market in Monaco: No Completed Buildings in 2023 but Major Projects Underway

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Summary:
No new buildings were completed in Monaco’s real estate market in 2023, but major projects in progress are still generating business.

Full Story:
The IMSEE, Monaco’s own statistics institute, has released the real estate market figures for 2023. One notable point is that no new buildings were completed during the year. However, despite this lack of new properties, there are several major projects underway that are contributing to the market. The absence of completed buildings does not indicate a lack of activity in the market. The IMSEE report provides valuable insights into the state of the real estate market in Monaco.

Source:
news.mc

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