Foreigners can freely buy, lease and sell real estate in Monaco, except for properties near the residence of the Prince of Monaco.
Statistics confirm the liquidity of investments: residential real estate prices grow every quarter by an average of 1.6%. Five years ago, an apartment of 100 m² cost an average of €5.7 mln, and today it is sold for €7.1 mln.
Penthouse in the Golden Square area, overlooking the bay
Apartment in Monte Carlo,
overlooking the bay
Apartments outside Monte Carlo
What do investors buy?
The most expensive real estate in Monaco is in the Monte Carlo area. Especially expensive apartments have a view of the Formula 1 race route.
Obtaining a Monaco residence permit or citizenship is not connected with purchasing real estate.
Learn the prices for purchasing and renting a property in each country, the market dynamics and taxes on buying and selling real estate.
Monaco doesn’t have a property or income tax, including taxes on rental income.
Electricity, gas, water, heating, and garbage collection
Internet, TV and telephone
Sellers of real estate in Monaco do not incur additional costs: there is no capital gains tax on the sale of real estate, and the buyer pays the commission to a realtor.