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COVID-19’s impact on Monaco’s real estate market

Monaco, playground of the ultra-wealthy, has some of the priciest real estate in the world given its territorial size of 0.7-square-mile, or 400 acres. Image courtesy of John Taylor Monaco, playground of the ultra-wealthy, has some of the priciest real estate in the world given its territorial size of 0.7-square-mile, or 400 acres. Image courtesy of John Taylor

 

The Mediterranean principality of Monaco May 4 lifted its COVID-19 lockdown after nearly two months of mandating all but non-essential businesses to stop in-person trade in bricks-and-mortar locations.