FLATS UNDER LAW 1291/1235
Apartments under laws 1291/1235
Residential apartments built before1 September 1947 have rents regulated by the housing services in Monaco. In addition, these apartments can only be rented to tenants who meet one of the following criteria:
- A tenant of Monegasque nationality
- A tenant domiciled in Monaco for more than forty years without interruption
- A tenant who has been working for more than five years
- A tenant born to a Monegasque parent
- A joint tenant, widower or widower of a Monegasque
- A tenant divorced from a Monegasque and having had at least one child born of this union
- A tenant born in Monaco and who has lived there since birth
The apartment can only be rented with a lease of a minimum period of six years exclusively terminable by the tenant. Under certain conditions of work making the entire apartment unusable for the tenant, the owner can terminate the lease.
For further information, please contact MONACO PROPERTIES :
Tel. +377 97 97 33 97
Whatsapp : +33 6 40 62 65 76
Email : info@mpmonaco.com