Many areas of Europe could be on the edge of a property price recession, Monaco it seems knows no limits for her prices.

Prices have risen consistently in recent years, to the point where it overtook London earlier this year to become the most expensive location in the world for real estate, with London overtaking Monaco again recently.

The studio is just 43m2 in size witha 15m2 terrace, and located in Jardin Exotique, an area of Monaco that becomes behind better known Monte Carlo and Fontvieille in popularity for potential Monaco property buyers.

Central London property prices have risen again, and have overtaken Monte Carlo's property prices, according to recent reports.

While the future of London property prices remain good, there are some doubts if the increases can be sustained, and Monte Carlo remains the most expensive real estate for property that is priced in Euros.

Interest rates in the UK have been rising recently, and there is a danger of UK property prices generally falling, which could have an impact on the top end London market.

One of Britain's best known banks and mortgage providers is to open three new offices on the Spanish islands of the Canaries plus the Balearic island of Menorca to meet demand for Britons looking to buy a home in Spain.

The decision by the Halifax was taken from data showing a trend towards Britons buying homes overseas, with Spain the most popular choice.

While much of Europe edges towards a property recession, the tax haven of Andorra appears to be bucking the trend.

Signs early this year were not good, with few buyers around.

Andorra is a ski country as well as a tax haven, and traditionally the year gets off to a flying start with many serious skiers looking for a holiday home buying an apartment or house.

British people with a holiday home in Spain could soon be considering selling their apartment or villa as interest rates in both Spain and UK rise - making the possibility of a fall in Spanish property prices more likely.

Property in Spain is already on the brink of seeing prices drop for the first time in twenty years, and large numbers of second home properties being put on the market could be the trigger that will see deflation in the near future.

While much of Europe could be on the edge of a property price recession, Monaco it seems knows no limits for her prices.

Prices have risen consistently in recent years, to the point where it overtook London early in 2007 to become the most expensive location in the world for real estate, with London overtaking Monaco again recently.

The studio is just 43m2 in size with a 15m2 terrace, and located in Jardin Exotique, an area of Monaco that becomes behind better known Monte Carlo and Fontvieille in popularity for potential Monaco property buyers.

In some parts of Spain, so many British people have bought a property it is quite possible to live there quite comfortably without having to learn the language.

While many Brits do learn Spanish and socialise with locals who haven't moved away because of the high property prices, many of the bars and restaurants and other businesses are British owned.

Prime London property prices have risen again, and have overtaken tax haven Monaco property prices, according to a report recently.

While the future of London property prices remain good, there are some doubts if the increases can be sustained.

Interest rates in the UK have been rising recently, and there is a danger of UK property prices generally falling, which could have an impact on the top end London market.

Real estate investors have done well in Malta in recent years, with good annual increases in prices over the last ten years.

But with EU membership now two years old, and questions last year about Malta staying as a mainstream holiday destination, future potential became questionable.

Estate agents on the island though seem fairly confident that the rises will continue for a while yet.

Buying a property on the Spanish island of Majorca has been popular for several decades now, with many Europeans who have holidayed on the Spanish island deciding to buy a second home for holidays, a business, or for retirement.

But now the Majorca islanders are concerned that future development plans could ruin the island, and if left unchecked the island could become a concrete jungle.