Property prices Larvotto Monaco
Comparatively cheap are those properties that are subject to Law 887. However, this brings with it strict guidelines and prevents the living space from being rented out to non-citizens later on. However, most prospective tenants are foreigners. For an apartment on the ground floor, the cost is approximately 35,000 euros per square metre, if it falls under Law 887. Without restriction and in good locations near the beach, buyers pay approx. 70,000 per m².