The real estate market of Monaco is on the housetop

According to official data, in Monaco, the total amount of all transactions concluded in 2012 totaled EUR 1.1 billion, these figures correspond to the level of the peak, which was celebrated before 2008, and speak about the restoration of the property market, according to the online source OPP Connect . local real estate market Experts point out that the economy of Monaco is one of the strongest, and the housing price level is the highest in the world. In addition, Monaco is not a member of the EU, so the impact of the debt crisis is not so much as in other countries. luxury real estate segment is a key market for Monaco property. The country is ranked fifth in the ranking of Prime Enclave Index, which was compiled by Candy & Candy, Savills World Research and Deutsche Asset & Wealth Management. In the first place in the ranking proved to Cote d'Azur. HomesOverseas.ru