As Formula 1 returns to Monaco for the most exclusive weekend in the racing calendar, research by high-net-worth mortgage broker Enness Global, has revealed that the principality also takes pole position where property values are concerned.
But can you guess which host nation boasts the most affordable house prices?
On average, property values across the 22 nations featured in the 2021 F1 race schedule sit at £2,549 per square meter.
However, with property values in Monaco averaging a formidable £40,991 per sqm, it’s no surprise that it’s also the most desirable F1 location from a property standpoint, coming in at 1,508 per cent more than the average across all Grand Prix destinations.
Consistent demand coupled with a limited number of opportunities to climb onto the housing ladder means that property in Monaco will always maintain their value, says the broker.
Consistent demand coupled with a limited number of opportunities to climb the Monaco property ladder mean that values will always be maintained…
Singapore property prices sit at 415 per cent above the F1 average
Singapore is the only other F1 host nation where property values hit five figures. The average price in Singapore sits at £13,130 per sqm, 415 per cent above the F1 average.
Japan takes the final spot on the property podium at £6,365 per sqm, with France, Australia, Austria, the UK, the Netherlands, Belgium and Italy completing the top 10.
The United States, Spain, Portugal, Abu Dahi, Bahrain, Hungary, Azerbaijan, Brazil, Russia, Mexico City and Saudi Arabia, rank 11 through to 21, respectively.
However, coming in at 22 and starting from the property pit lane, is Turkey. It’s home to the most affordable F1 house price at just £543 per sqm. It’s -79 per cent below the average of all F1 nations.
Says Enness, at £735 per sqm, Saudi Arabia also represents a good level of F1 house price affordability, as does Mexico (£861), Russia (£871) and Brazil (£938).
Keep your eye out for a new campaign from Timex Group to promote Adidas Originals lifestyle watches, as the brand adds some cool editions to the range. The colourful watch collection combines street style, with retro-inflected and sustainable technology. The global campaign is dubbed Time for me. New additions to the collection include the £69Continue Reading
Is there something so quintessentially simple, refreshing and classic as the humble G&T? Paired with fresh ice, and summer drinks on a patio with pals, there’s nothing quite like it. Of course even with a cocktail so simple – the recipe is IN the name – there are memory-making excellent ones, and there are not-so-great,Continue Reading
Austrian Hi-Fi specialist Pro-Ject Audio Systems has announced the Metallica Limited Edition turntable. Designed in partnership with the world-conquering heavy metal band, the deck combines an eye-catching design with audiophile construction. Handmade in Europe, the collector’s item features a suitably heavy MDF plinth with unique Metallica design, and mirror finished, metal top plate. A glassContinue Reading
The Luxe Review 
As Formula 1 returns to Monaco for the most exclusive weekend in the racing calendar, research by high-net-worth mortgage broker Enness Global, has revealed that the principality also takes pole position where property values are concerned.
But can you guess which host nation boasts the most affordable house prices?
On average, property values across the 22 nations featured in the 2021 F1 race schedule sit at £2,549 per square meter.
However, with property values in Monaco averaging a formidable £40,991 per sqm, it’s no surprise that it’s also the most desirable F1 location from a property standpoint, coming in at 1,508 per cent more than the average across all Grand Prix destinations.
Consistent demand coupled with a limited number of opportunities to climb onto the housing ladder means that property in Monaco will always maintain their value, says the broker.
Singapore is the only other F1 host nation where property values hit five figures. The average price in Singapore sits at £13,130 per sqm, 415 per cent above the F1 average.
Japan takes the final spot on the property podium at £6,365 per sqm, with France, Australia, Austria, the UK, the Netherlands, Belgium and Italy completing the top 10.
The United States, Spain, Portugal, Abu Dahi, Bahrain, Hungary, Azerbaijan, Brazil, Russia, Mexico City and Saudi Arabia, rank 11 through to 21, respectively.
However, coming in at 22 and starting from the property pit lane, is Turkey. It’s home to the most affordable F1 house price at just £543 per sqm. It’s -79 per cent below the average of all F1 nations.
Says Enness, at £735 per sqm, Saudi Arabia also represents a good level of F1 house price affordability, as does Mexico (£861), Russia (£871) and Brazil (£938).
Timex Group adds to Adidas Originals lifestyle watch collection, unveils global campaign
Keep your eye out for a new campaign from Timex Group to promote Adidas Originals lifestyle watches, as the brand adds some cool editions to the range. The colourful watch collection combines street style, with retro-inflected and sustainable technology. The global campaign is dubbed Time for me. New additions to the collection include the £69Continue Reading
Beefeater Gin Master Distiller reveals how to craft the perfect G&T
Is there something so quintessentially simple, refreshing and classic as the humble G&T? Paired with fresh ice, and summer drinks on a patio with pals, there’s nothing quite like it. Of course even with a cocktail so simple – the recipe is IN the name – there are memory-making excellent ones, and there are not-so-great,Continue Reading
Master of playback: Enter the Pro-Ject Limited Edition Metallica turntable
Austrian Hi-Fi specialist Pro-Ject Audio Systems has announced the Metallica Limited Edition turntable. Designed in partnership with the world-conquering heavy metal band, the deck combines an eye-catching design with audiophile construction. Handmade in Europe, the collector’s item features a suitably heavy MDF plinth with unique Metallica design, and mirror finished, metal top plate. A glassContinue Reading
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