Gross rental yields in Monaco
Average gross rental yields in Monaco stands at 3.02% (Q4, 2024). Previously, in Q3 2023 the rental yield was 2.76%.
Historical rental yields in Monaco
View the full rental yield dataset (2022 - Present)
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Last Updated: Dec. 27, 2024 |
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| MONACO - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Monaco (all locations) | |||
| Studio | €1,780,000 | €2,800 | 1.89% |
| 1-Bedroom | €3,400,000 | €6,000 | 2.12% |
| 2-Bedroom | €5,900,000 | €12,000 | 2.44% |
| 3-Bedroom | €9,900,000 | €25,000 | 3.03% |
| 4+Bedroom | €19,700,000 | €92,000 | 5.60% |
| Monaco avg. Rental Yields | 3.02% | ||
| 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:
Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, 3-bedroom across Monaco, comparing median rental prices with median purchase prices to determine gross rental yields.
We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:
(Median Monthly Rent × 12) ÷ Median Purchase Price × 100
For example, if the median monthly rent is €500 and the median purchase price is €100,000, the yield is calculated as:
(€500 × 12) ÷ €100,000 = 6% Gross Rental Yield
Note: NET yields vary from country to country, but are usually 1.5-2% lower.