🇲🇨 Monaco

Buying Property in Monaco: A Guide for Foreign Buyers

Apartments in Monaco cost from €48,000 to €48,000 per m² across the cities we track. Expect to pay another 6–10% of the price in taxes and fees.

Can foreigners buy property in Monaco?

No restrictions for foreign buyers

Foreigners can buy property in Monaco freely; buying does not by itself grant residence.

Tax ID you'll need: None required

How to buy, step by step

  1. 1Agree on price through an agent
  2. 2Sign the preliminary agreement (compromis) before a Monaco notary and pay a 10% deposit
  3. 3The notary carries out checks
  4. 4Sign the final deed (acte authentique) and pay the balance and duties
  5. 5The notary registers the deed

What it costs

A 60 m² apartment in Monaco at the average €48,000/m² costs about €2,880,000. Purchase taxes and fees add roughly €172,800–€288,000. Full breakdown of Monaco property taxes and costs.

Monaco€48,000/m² · gross yield 2.4%

Mortgages and residency

Approx. 50–70% LTV, usually from private banks alongside an asset relationship.

No investment residence programme; a residence card requires accommodation in Monaco and proof of means.

Frequently Asked Questions

Can foreigners buy property in Monaco?↓
Foreigners can buy property in Monaco freely; buying does not by itself grant residence.
How much are buying costs in Monaco?↓
Typically 6–10% of the purchase price for a resale apartment, including transfer tax, notary or legal fees and registration.
How much does an apartment cost in Monaco?↓
Average prices range from €48,000/m² to €48,000/m² across 1 cities; in Monaco a 60 m² apartment costs about €2,880,000.
Can non-residents get a mortgage in Monaco?↓
Approx. 50–70% LTV, usually from private banks alongside an asset relationship.
Property prices in Monaco →Rental yield calculator →

Last reviewed 2026-10. General information, not tax or legal advice: rates change and often depend on region and buyer status, so confirm with a local notary, lawyer or tax adviser. Sources: Chambers Private Wealth 2026: Monaco.