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Payment of the purchase price

If the purchase involves property on the secondary market, the purchase price is paid in the form of a one-off payment. Instalments are not common in Monaco. A purchase on life annuity is possible in Monaco. However, there is a risk that the seller may become very old, which is not uncommon in Monaco, purely statistically speaking.

If you buy a new property, the sales price will be paid “as construction progresses”. Usually, the following stages are planned:

Completion of foundations: 35%
Completion of the roof: the next 35%
Overall completion: the next 25%
Key handover: the last 5%

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Claude Meury

Our profound knowledge of the industry and experience in property sales distinguish us just as much as our comprehensive range of services. From pricing to marketing and sale, we are at your disposal throughout the process and, in consultation with you, we ensure that we achieve the best possible price for your property in Monaco. Get to know Claude Meury | Your real estate agency for Monaco

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