The process of buying real estate in Monaco is fairly straightforward, even if different and unique in some aspects from that of other countries, including France. There are three notary public officials appointed by the Princely Order acting on behalf of the state who participate in transactions from the offer stage to the legal transfer of the property. The main responsibility of the notary public is authenticating the property transfers and ensuring that the interests of the buyer and the seller are properly protected from beginning to end.[…]
Monaco estate agents are a major source of properties in the Principality; close to 100% of property dealings are completed with the participation of estate agents.
There are over 100 local agencies servicing clients from all over the world. In addition to Monaco-based estate agencies, there are the French Riviera and other international agencies based in the UK, Switzerland, Russia, and other countries which typically represent sellers and buyers linked to their home country.[…]
Luxury apartments in Monte Carlo’s Golden Square are synonymous with prestige. Home to some of the finest appointed apartments and penthouses, the Golden Square simply oozes glamour and culture. Monte Carlo provides a unique atmosphere, economic growth, political stability as well as the tax exemptions that make real estate investing so enticing.
History abounds in Monte Carlo, most famous for its lavishly decorated Casino de Monte-Carlo, which was built in the 1800s.[…]