The Savills Blog

Savills Monaco -Spotlight 2019

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Savills Monaco welcomed around 40 key contacts and clients to its breakfast presentation on 7 June 2019 to mark the launch of its Spotlight 2019 on the Monaco residential market. This annual publication has become an industry standard and is prepared as a joint venture between Savills World Research and Savills Monaco.

Sophie Chick, director of Savills World Research, gave a presentation on the Monaco residential market in 2018, highlighting Monaco’s continued growth, putting Monaco currently at the  top of global residential values. Strong annual growth in prime values of 18.1% last year and an average price per m² of €48,800, keep Monaco among leading international cities for residential values.

Sophie also spoke about Monaco in a global context, contrasting the Monaco market  in particular with the prime residential  London market in 2018.

The breakfast was hosted by the Savills Monaco team led by Irene Luke and in the presence of Julien Ward, Savills Private Office. The event took place at Crem, the private members club for Monegasque nationals/ foreign residents in the Mirabeau building, Monaco.

The presentation was very well-received, one client commenting as follows:

Really impressive presentation and persuasive set of numbers to encourage investment now….Good differentiator as well versus other Monaco agents….”

 Monaco Spotlight Research event attendee

We would be delighted to share Sophie’s presentation with anyone interested and to send our Spotlight to anyone who would like to receive it in email format. Please contact us if you would like us to do this.

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