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Buying property in Monaco – How it works

The purchase of a property in Monaco is not rocket science, compared to other countries, the purchase of a property in Monaco can even be described as rather easy and unbureaucratic, as there are hardly any limitations as for example a second home quota or something similar.

Properties Monaco buyers guide

#1 Property Buyer’s Guide Monaco

The ultimate property buyer’s guide for Monaco

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Settlement status

The principality of Monaco has four categories of residence permit: Temporary...

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Claude Meury
by Claude Meury

The residence permit

If you are over the age of 16 and you are staying in Monaco for more than three months, or if you...

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by Claude Meury

Settlement conditions

The settlement in Monaco is subject to various conditions. These apply both to EU citizens and...

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by Claude Meury

Entry and duration of stay

Although photos and tours by webcam can give a good impression of the property, they do not replace...

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by Claude Meury

Viewing of the property

Viewing dates on Sundays and public holidays are unusual in Monaco and therefore extremely rare, as...

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by Claude Meury

Negotiations on the sales price

Generally, the sales price offered is not negotiable. The maximum room for negotiation is between 5...

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Claude Meury
by Claude Meury

Payment of the purchase price

If the purchase involves property on the secondary market, the purchase price is paid in the form...

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by Claude Meury

Real estate ancillary purchase costs

In addition to the purchase price for a property in Monaco, the following costs are incurred as...

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by Claude Meury

The role of the notary

The notary acts on behalf of the state. His task is to ensure that the purchase is legal. This...

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by Claude Meury

The purchase process: offers/processing

Negotiations for the purchase of a property in Monaco begin with a written offer. Reputable real...

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Claude Meury
by Claude Meury

The Monaco Guide
#1 Monaco Guide for all districts

Get to know Monaco and gain insight
into all districts of the Principality of Monaco

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