Buy a company
FLATS UNDER LAW 887
In the case of the purchase of a flat under Law 887, the flat may only be rented with a lease of at least six years, which may only be terminated by the tenant. In addition, the tenant will have to fulfil one of the following criteria:
- A tenant of Monegasque nationality
- A tenant domiciled in Monaco for more than five years and who has been working there for more than six months.
- A tenant who has been working for more than five years.
The amount of the rent is not regulated and may be freely defined in the lease between the owner and the tenant.