Monaco Residency
REAL ESTATE IN MONACO
Supported by historically low interest rates and historically high equity markets, the price per square meter in Monaco is worth an average of €47,600 with peaks of more than €100,000 in some residences.
WHY IS MONACO REAL ESTATE MARKET SO ATTRACTIVE
Monaco's property market has proven itself as a robust and lucrative investment, standing out among various asset classes. This resilience is attributed to the security and high quality of life that the Principality offers, making it a sanctuary for individuals seeking stability in their investments. Furthermore, Monaco's central location in Western Europe, easily accessible from major economic centers, adds to its appeal.
HOW TO SELL AN APARTMENT IN MONACO
Are you thinking of selling your apartment? The following lines will present the main steps necessary to sell your apartment in the best possible conditions. The MONACO PROPERTIES team will strive to provide you with a tailor-made service to ensure ease and satisfaction in this difficult experience.
HOW TO RENT AN APARTMENT IN MONACO
With each rental request, we undertake a comprehensive market search and continue to work until we find the ideal property for you.
Monaco Properties’ agents can ensure nothing less than professionalism and high-quality work. Being an official member of the Monaco Real Estate Chamber, we guarantee regulated and standardized terms and conditions for renting an apartment in Monaco.
HOW TO BUY AN APARTMENT IN MONACO
Monaco Properties aim is to help you buy, sell, or rent an apartment in Monaco. There are no restrictions for foreigners, therefore, our multilingual agents will be at your disposal to assist you in all stages of your project in Monaco and on the French Riviera.
As an official member of the Monaco Real Estate Chamber, we can ensure professionalism for our clients. From apartment search and price negotiations to mortgage offers and legal paperwork, our agents will assist you in meeting your objectives with ease.
HOW TO OPEN A BANK ACCOUNT IN MONACO
Opening a bank account in Monaco is one of the 4 main conditions to obtain a residence card in Monaco. As the opening procedure can take between a week and a few months, it is strongly recommended to start the process of opening a bank account in Monaco as early as possible in your relocation project in Monaco. Indeed, many banks in Monaco will allow you to open an account without having a direct debit in Monaco.
BUY AN APARTMENT IN MONACO
Buying or selling a property in Monaco is very easy. There are no restrictions for foreigners. The transaction can be concluded quickly and our team of real estate agents is at your disposal to assist you in all stages of your project to buy, sell or rent in Monaco and on the French Riviera.
TAXATION IN MONACO
One of the advantages of the Principality is not only its climate and its natural environment, a so-called soft taxation for natural persons, indeed the absence of any income tax results from an ordinance taken in 1869 by Prince Charles III.
The only direct tax levied in the Principality is the tax on profits from industrial and commercial activities. There is no wealth tax, property tax or housing tax in the Principality.
