Monterey Property Market and Real Estate Guide

(Monterey, California - CA, USA)

Living in Monterey is popular with those who wish to reside in a city that boasts both a coastal location and a rich and interesting history. Monterey is located in central California and the Pacific coastline that edges the city is home to innumerable upmarket homes.

Many artists have chosen this small city as their home and, since the 1800's, it has been noted for its eclectic mix of artists and fishermen. Some of the top attractions here include the Monterey Bay Aquarium, Fisherman's Wharf and Cannery Row, while the plushest properties are located outside of the city center, toward the coastal areas.


The annual Monterey Jazz Festival attracts hordes of visitors, and most of the city's hotels are located in the heart of the downtown area or along its coast. Monterey is famous for its golf courses and the Pebble Beach, Pacific Grove and Del Monte districts are three of the most sought-after places to live within the city.

Renting Serviced Apartments

As the city boasts a beautiful coastal location, many rental apartments here make suitable short lets for holiday makers. Renting serviced apartments for more than a holiday is best done through an agency, as finding long lets at affordable prices can be tricky. Serviced apartments on the coast command around three times the monthly rent of those inland, and swimming pools along with maid services are commonplace.

Buying Apartments and Houses

Property investment in Monterey can be lucrative, since rented property in this popular resort city yields high returns. Foreign investors should be prepared for a great deal of paperwork, although as long as you are free of a criminal background or financial problems, purchasing investment property in the US is fairly straightforward for non-citizens.

Real Estate Agents

A plethora of real estate agencies operate in Monterey and many homes here are seasonally occupied, with holiday rentals available through realtors specialising in the sector. Spanish is widely spoken, although agents who speak this language are normally only available on request. Many of the city's agencies can be found in the center of the city, as well as on Webster Street.

Check out the following Monterey realtors and real estate agents:

Philips Real Estate
Address: 337 El Dorado Street, Suite 3B, Monterey, California CA, 93940, USA
Tel: +1 831 372 8092
Email: info@billandred.com
Website: www.billandred.com
This small company provides staff with extensive local knowledge, as well as offering a great range of mid-range and high-end properties.

Shankle Real Estate
Address: 261 Webster Street, Monterey, California CA, 93940, USA
Tel: +1 831 646 1401
Email: info@shanklerealestate.com
Website: www.shanklerealestate.com
Shankle Real Estate is a large company with many experienced realtors. Prospective clients will benefit from their huge range of properties.

Monterey Bay Property Management
Address: 816 Wave Street, Monterey, California CA, 93940, USA
Tel: +1 831 655 7840
Email: info@montereyrentals.com
Website: www.montereyrentals.com
This company mainly handles rentals in Monterey, with both long- and short-term lets on offer.