Buy In Monaco

Buy in Monaco

Buying property in Monaco is relatively straightforward legally, but the market is highly competitive, can be considered expensive, and relationship-driven. Foreigners can buy freely and there are no nationality restrictions or residency requirements just to purchase property. To inquire more, you can contact us here.

Here is the typical process:

1. Define your budget and financing

Most purchases in Monaco are cash transactions, although local private banks do offer mortgages to qualified buyers. Buyers usually prepare:

• Proof of funds
• Source of wealth documentation
• Bank references
• Passport and Corporate structure documents (if buying through a company)

If your goal is Monaco residency as well, many banks expect around €500,000+deposited locally.

2. Work with a Monaco Agency

A large portion of Monaco stock is off-market, especially in areas such as:

• Carré d’Or
• Larvotto
• Monte-Carlo
• Fontvielle

Typical buyer costs:

• Notary + registration fees: around 6.25% for individuals
• Agency fees: often around 3% + VAT paid by the buyer
• Higher costs may apply when purchasing through foreign corporate structures