Yes...Now, But before it was part of Italy!!! The territory has always been part of Liguria under the Roman Empire, in the Lombard Kingdom and in the Kingdom of Italy, which was first included in the Carolingian Empire and then in the Holy Roman Empire.
In Monaco a Square Meter costs from 50/100 Thousand Euros, NOT 4500$(50.000€) Rs10.000.00😅 But beware: its cost is not insignificant. In Montecarlo the average price per square meter for a studio apartment in the center is 51,000 euros, in Hong Kong it is 43,500 euros, in London it is 31,502 euros, in Singapore it is 22,300 euros, in New York it is 21,500 euros, in Shanghai it is 20,279 euros. 18,500 euros in Geneva, 15,962 euros in Paris, 14,350 euros in Tokyo, 12,350 euros in Sydney, 9,821 euros in Milan, 7,467 euros in Rome, 6,173 euros in Dubai... The situation is different in the neighboring areas. In this case, the average price per square meter in Monte Carlo is € 44,000, € 16,400 in Hong Kong, € 8,793 in London, € 7,287 in Singapore, € 6,166 in New York, € 6,419 in Shanghai, and in Geneva. 8,429 euros, 7,500 euros in Paris, 4,300 euros in Tokyo, 5,600 euros in Sydney, 3,141 euros in Milan, 3,226 euros in Rome, 1,677 euros in Dubai 😂✌🏽