Nestled between the Mediterranean Sea and the Alps, Monaco is a city-state globally recognized for its rich history and exceptional location. Founded in the 13th century by the House of Grimaldi, Monaco has managed to preserve its heritage while modernizing thanks to its numerous historical sites, such as the Prince's Palace and the Oceanographic Museum. Its privileged geographical position, close to Italy and the French Riviera, makes it a sought-after destination for those seeking an exclusive lifestyle. Today, this independent principality offers a luxurious living environment, combined with a pleasant Mediterranean climate and stunning natural surroundings.

An Exclusive and Dynamic Real Estate Market

Monaco's real estate market is currently very dynamic, with strong demand surpassing the limited supply of luxury homes and apartments. The allure of the Monégasque real estate market remains constant, supported by a stable political and economic framework. The most coveted neighborhoods include Monte Carlo, La Condamine, and Fontvieille, where you can find magnificent residences with breathtaking views of the Mediterranean.

Costs and Considerations of Real Estate Purchase in Monaco

Purchasing property in Monaco involves considering several costs. Real estate commissions, often around 3% for both buyer and seller, add to the transaction costs. Transfer duties amount to approximately 4.5% of the purchase price, and notary fees can vary. Monaco does not impose any wealth tax, and capital gains from the sale of the primary residence are not taxed, making it an attractive tax destination.

Lifestyle and Amenities in Monaco

Monaco offers an exceptional living environment with countless outdoor activities: sailing, diving, and hiking in the surrounding mountains. The city is also renowned for its luxury shops ranging from Chanel to Cartier. For entertainment, the famous Monte Carlo casinos, prestigious hotels like the Hôtel de Paris, and Michelin-starred restaurants like Le Louis XV add to the appeal of Monégasque nightlife.

Accessibility and Infrastructure

Monaco is ideally accessible by road and is located just 20 km from the major city of Nice, where the Nice Côte d'Azur International Airport provides direct global access. Locally, the city offers well-developed public infrastructure and modern amenities, ensuring optimal living comfort for its residents.

Education and Medical Institutions

Renowned educational institutions, such as the International School of Monaco, offer quality education, while the Princess Grace Hospital Center guarantees high-level medical care. Residents of Monaco benefit from a strong public infrastructure and top-tier healthcare services, further enhancing the attractiveness of this principality for acquiring a luxury residence.