Monaco property buyer younger and non-European, says report

The typical buyer profile of Monaco homes is in flux, skewing younger, and leaning toward non-Europeans, according to a recent report by Knight Frank. Buyers from China, the Middle East, and Russia are reportedly springing for Monaco properties priced above €10 million ($11 million), while their British, Italian, Swiss, and northern European peers tend to be active in buying properties below those price points, according to property-report.com. “Not only is the age of buyers lower than it was a decade ago, but the nationality of buyers can increasingly be defined … Continue reading Monaco property buyer younger and non-European, says report