Summary:
The real estate market in Monaco is experiencing a significant decrease in sales due to international tensions and rising interest rates, and it remains to be seen if Monaco’s recent placement on a gray list will also exacerbate the issue.
Full Story:
The Monaco property market has experienced a significant decline in the number of transactions since 2023. This can be attributed to the tense international context and the increase in interest rates. It remains to be determined whether Monaco’s recent placement on the gray list will also worsen the situation.
Source:
L’observateur de Monaco
