Gross rental yields in Monaco
| Last Updated: Aug. 30, 2023 | |||
| MONACO - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Monaco (all locations) | |||
| Studio | €1,780,000 | €3,575 | 2.41% |
| 1-Bedroom | €3,090,000 | €5,800 | 2.25% |
| 2-Bedroom | €5,800,000 | €9,000 | 1.86% |
| 3-Bedroom | €9,950,000 | €25,000 | 3.02% |
| 4+Bedroom | €28,000,000 | €120,000 | 5.14% |
| Monaco avg. Rental Yields | 2.94% | ||
| All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and Montecarlo Real Estate |
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Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in Monaco. We used the local website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).
For instance, if the monthly rent is €500 and the purchase price is €100,000, the calculation would be: €500 (Monthly Rent) x 12 / €100,000 (Purchase Price) = 6% (Gross Rental Yield).
