What Influence Does the Royal Family Have On The Property Market? Research by Enness

Research from Enness Global explored whether there is a relationship between countries with monarchies and residential property values.

The research compared average house prices per square metre across nations with a reigning monarch against those without one. According to the analysis, countries with monarchies recorded an average property price of £2,596 per square metre, compared with £1,359 in countries without a monarchy.

This represented a difference of 91%, highlighting the significant variation in property values between the two groups of countries.

Enness Global also examined property prices across individual monarchies. Monaco ranked as the most expensive market in the research, with an average property price of £43,069 per square metre. Luxembourg followed, with average values of £8,760 per square metre.

Countries linked to the British monarchy also featured among the higher-value markets. Australia recorded an average property price of £4,605 per square metre, while the UK followed closely at £4,314 per square metre.

While property prices are influenced by a wide range of economic, geographic and demographic factors, the research highlighted the premium values found in several established monarchies. In markets such as Monaco, Luxembourg and the UK, limited supply, international demand and long-standing global appeal continue to play an important role in supporting residential property values.

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