Monaco has the second most expensive ultra prime property in the world

Ahead of the Formula One annual Grand Prix in Monaco new research shows that the price of ultra prime property per square metre is the second most expensive in the world with only Hong Kong more costly. Last year was a strong one for Monaco with a total of €2.25 billion sales with new builds making up just 7% of total sales but 20% of total sales value. The data from Savills World Research also shows that prime two bedroom apartments on the Grand Prix track are nearly nine times the cost of co...