How to buy property in Monaco
Monaco is one of the most straightforward markets in the world to own in — and one of the hardest to find the right home in. Here is the process, the costs and the things that catch people out.
Clarify your residency intentions
Decide whether you are buying as a resident or non-resident — it drives both the tax position and the process. Monaco residency requires proof of accommodation and of means, so the home and the residency application are often pursued together.
Engage independent counsel
Appoint a Monaco lawyer and a tax adviser before you make an offer. Ownership structures and succession rules matter a great deal at this level, and the right advice early saves a great deal later.
Prepare proof of funds
Banks and the notaire require clear source-of-funds evidence. Arrange this at the outset — it is the most common cause of delay between offer and completion.
Find the property — often off-market
The best apartments rarely reach the open market. A trusted introducer is how you see them; our private-client register exists for precisely this.
Offer and sign the compromis de vente
Agree terms and sign the preliminary contract, typically with a 10% deposit held by the notaire. This commits both sides on the agreed terms.
Complete before the notaire
The notaire verifies title and registers the sale. Budget for notaire and agency fees on completion, and confirm the figures in advance.
This guide is general information for a design prototype, not tax, legal or financial advice. Rules change and individual circumstances vary — take professional advice specific to your situation before committing.