Moving to Monaco & property management Monaco : All services provided by your expert in Monaco real estate

Monte-Carlo Sotheby’s International Realty provides all assistance from your research of apartment to your relocation in Monaco. This last choice can be complicated but our brokers assist in all the administrative process and with all their best providers. Should you rent a studio or buy a villa, our agents specialized in luxury real estate in Monaco offer a wide selection of properties meeting with your criteria: residences, style of property, district… our professional team adapts in order to satisfy your request.

Your life may be changing, and so are your needs. Our real estate agency in Monaco is glad to be today positioned among the most prestigious real estate agencies of Monaco and offers a large range of services tailored to your needs and expectations. From your first contact with our team of experimented brokers, you will be supported from the research of property to your installation in Monaco.

Our office is real estate agency that settled in Monaco in the 1980’s. Since then, it was perfectly administrated in a family way and with the respect of traditions. Our agents will show you properties meeting with your needs but also other apartments you would have never thought about. Because our real estate councillor in real estate is also to introduce all aspects of the market and its subtleties, the most important being your perfect knowledge of the Monaco real estate in order for you comfort you in your position. The Monaco Real Estate is currently evolving, it is sometimes hard to understand. This is why our professional team is by your side to support you along all visits and all through the years and helps you to take the best decisions regarding your real estate project in Monaco.

Contact our office to benefit from the Bespoke service from Monte-Carlo Sotheby's International Realty

We are happy to have in our agency owners who gave us their confidence a long time ago, through generations and along the years. Our values are still the same, from the creation of the agency by Mr Charles Dwek who upgraded it to the highest level of prestigious real estate agency of Monaco. Thanks to a strong reputation and deep values, the Monte-Carlo Sotheby’s International Realty experience is tried first and then adopted.

Our owners benefit from the power of the Marketing and the Network of Sotheby’s International Realty. With more than 37 million visitors on the Sotheby’s International Realty website in 2020, a property listed in our agency considerably increase its chances of visibility in order to find potential client. Sotheby’s International Realty offices are located in more than 75 countries all over the world, creating a direct connection and communication between all buyers. Our strength lies in the network but also in our perfect knowledge of the area, of the taxation and of the real estate market. Our brokers take in consideration your preferences but also your interest in terms of taxation and investment. Our team will introduce you to the best lawyers, legal, bankers, notaries and other linked to the acquisition or the sale of your property in Monaco.

Besides the sale, our real estate agency also offers numerous services as Rental Management. Should you wish to rent your apartment, we will devote all necessary means to help you and follow the rental issue for you. From commercializing to the check-in inventory, we will put you through professional teams is order to prepare your apartment for the coming tenants. Our agency can give you expert advices on the price and conditions for the rental of your apartment, but also act on your behalf during the general assembly with the Building Manager, and assist in case of cession or inheritance or simple estimate your property. Our real estate agents are discreet and work together to share their exceptional knowledge and guarantee the best service in real estate in Monaco.

Settling in Monaco can be difficult, especially for foreign residents. Our agency will support you in all technical and administrative way. When visiting an apartment, our brokers experts in the Monaco real estate will explain all subtleties and all mandatory administrative steps to obtain the residence permit. The first step is to find the right apartment. Monte-Carlo Sotheby’s International Realty Realty can propose a large range of apartments for rent managed by our office but also properties offered by other real estate agencies in Monaco for you to have only one interlocutor. Real estate agencies are a lot in the Principality, and it can be complicated to find our way among all the propositions.

Once the apartment reserved, the agency will send a “Décompte de location”, kind of financial agreement on the rental, that the tenant will have to sign and send back with the payment. This amount includes:
- The Security Deposit: 3 month including charges
- The Agency Fees: 10% of the yearly rent + VAT
- The rent + charges, which are required to be paid by quarter in advance.
- Registration fees: 1% of the rent including charges on the whole duration of the contract
- Additional expenses as tax stamps, check-in expenses…
These fixed expenses are established by the Monaco Real Estate Chamber, and are required by all real estate agencies of Monaco..

On receipt of the payment, the real estate agent will prepare the lease and the tenant will have to provide all legal information and documents, such as the passport, a proof of residency, information form to fill and bank certificate. These documents will remain internally to our office but are required by the Monaco Authorities and SICCFIN.

The tenant can leave all this information to the agency for our brokers to assist the best in all administrative ways with local entities: subscription to Electricity contracts at the SMEG (Monaco Electric Company), insurance for the apartment and all cars, application for residency card at the Surete Publique (office of the Police)…

But our assistance does not stop there and we can also introduce our clientele to designers to decorate the apartment, carpenters for bespoke furniture, renovation companies, movers…. And also, to register car plates or schools for children. Finally, our team can propose Administrative Assistance Contracts to support during all the relocation in Monaco and even after…

Our agency provides different marketing solutions adapted to your property and meeting with your criteria. The strength of Monte-Carlo Sotheby’s International Realty lies in its ability to fit each owner’s needs. Our team will be able to commercialize your apartment or your villa in the best way and following your expectation.

Since the creation of the agency in the 1980’s, our owners trusted us and leave us the possibility to act further our analysis and suggestions. It all starts with the visit of the property that will be proposed for sale or for rent. Our team of Monaco real estate experts will estimate the property but also present its proposal in terms of local, national and international marketing. Franchise of the prestigious brand Sotheby’s International Realty, a property listed in our agency can quickly be subject of an internal publication in the heart of our national network and become viral. Some of our owners prefer to keep all privacy, and we also respect this point of view.

Generally, a property listed in our real estate agency in Monaco will benefit from the following services:
- Visit of the property, analysis and estimate
- Realization of a reportage with professional camera
- Communication with our exclusive listing of potential clients
- Visibility on our website MonteCarlo-SothebysRealty.com
- Visibility on the national and international Sotheby’s International Realty Website
- Visibility on our partners’ websites and real estate portals
- Visibility on our different social networks

Some owners prefer that the commercialization of their apartment stays in the hands of a single agency, which will then collaborate with the other brokers. In that case, a sole mandate is signed and our agency can provide additional services as:
- Personal brochures printed and sent to our Real Estate Agencies of Sotheby’s International Realty and Art offices of Sotheby’s Auction
- Communication to the Sotheby’s International Realty press agents and Sotheby’s Auction coordinators
- Realization of professional photos and videos

In all case, our agency supports sellers and buyers in all the process of the sale, from the first visit to the delivery of the keys and even afterwards, should the new owner wishes to renovated the flat or to rent it.

The rental management a real chapter of the real estate agent work. Different from the Building Manager who takes care of the common areas and maintenance of the building, the rental management consists in supporting the owner for the accounting and technical matters of his apartment. This sector also helps the tenant in from the reservation of the apartment and all along during the rental.

Our team is at your disposal to assist whatever your needs. Our mission is to make your life easier as a tenant while protecting our owners’ heritage. We are highly concerned by the well-being of our residents and will anyhow do our best to fulfil your expectations.

The rental Management generally takes over the relationship with the tenants once the rental conditions agreed by the owner. We realize the lease according the conditions of the “Décompte de Location” (kind of financial agreement of the rental signed on reservation of the flat) and we directly exchange with the tenant to agree on a meeting date to sign the 3 original copies of the lease. These copies are afterwards registered at the Tax Authorities of the Principality, and this registered document will be requested for you residency card appliance at the Surete Publique (Desk at the Monaco Police)

Then, we will follow the tenant with all the administrative process revolving around his relocation in Monaco:
- Opening of the electricity contract at the SMEG and water if not included in the charges
- Taking out of the insurance policy, which is compulsory to be given the keys of the coming flat
- Connecting with all companies as Monaco Telecom for cell phone, internet and TV subscription
- Assistance to the bank account opening in Monaco
- Connecting with home designers, decorators, international moving companies…

The Check-In inventory is in almost all cases realized by a bailiff or an expert in real estate constructions. It gives to the tenant an external view of the apartment he will be renting. A complete an impartial report will be given to him with all details of the conditions of the apartment. This document is also sent to the owner and the agency managing the apartment so each party is given the same information. This check-in report is always at the tenant’s expense at the entrance and the amount is charged by the supplier himself. Most of the time, the agency estimates this work in order to take a first amount at the reservation of the apartment, this amount can be revalued on receipt of the invoice of the bailiff or the expert in real estate constructions. The keys will also be given during this check-in inventory so your life in Monaco can start here.

But our mission as real estate agents in Monaco does not stop there. We can propose an easy solution for the peace of mind of our clients. With our Administrative Assistance Contracts, we will remain your privileged partner during all the rental. We will support you and your family until the end of the rental. For a problem in the apartment or a water leak, our team makes all connection and attend all appointments with insurances, building managers, experts, regulatory organisation, working companies…. And during all the rental until the day of the check-out inventory where we can also assist in the restoration of the apartment. In Monaco, flats are expected to be returned after the rental in the same condition, which is four our apartments professionally cleaned and painted. Our real estate agency will introduce the best renovation companies to realize these works within the best conditions.

Rest assured, Monte-Carlo Sotheby’s International Realty is by your side!