Photographer: Ryhor Bruyeu/Getty Images/iStockphoto

The Average Monaco Home Now Costs $44,000 a Square Meter: Chart

Home values in Monaco reached a record 41,420 euros ($44,100) a square meter last year after rising 15 percent, according to preliminary data compiled by the government’s statistics office. That’s more than double the price of Manhattan co-ops and condos and almost twice the value of a luxury home in London. Almost half of the 33 new homes purchased in the principality in 2016 were bought for 10 million euros or more, the data shows.

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