My wife and I have just recently had our first child and I'm looking at getting a decent baby monitor (or security camera) setup.

Our place is not very big at all (think a studio with a separate bedroom/bathroom). I was given a cheap security camera to use for now but I want to start planning for when we move into a bigger apartment (security cameras) and a generally better system for monitoring our baby when we are in another room and cannot hear.

Should I invest in a baby monitor now or would it be better to invest in a decent security camera system instead?

I'm based in the EU and am quite tech-savvy so I don't have a problem setting things up myself if it means a better system.