The Monegasque real estate market remains solid, but the profession of property dealer is evolving. Historically driven by scarcity and strong international demand, it allowed rapid operations with high margins.
Today, the context is changing:
- very high purchase prices
- more compressed margins
- more complex and technical projects
- concurrence accrue (fonds, family offices…)
Bottom line: opportunities still exist, but require more expertise, capital and strategy.
Is the profession becoming less profitable… or simply more professional and selective?
https://livein.mc/fr/actualites/marchands-de-biens-monaco-marche-sous-pression
Posted by Livein-mc