Off-Market deals in Monaco

You’ve heard about off-market properties in Monaco and want to know how to access them. This guide explains the concept: properties that are never publicly advertised and are offered exclusively to qualified buyers, reportedly accounting for between 20% and 30% of transactions in such a tightly constrained market. You’ll discover the different forms of discreet sales and the key players involved, from notaries to family offices, as well as the three practical steps to gain access: preparing a strong buyer profile, entering the right network, and viewing and negotiating properties with complete confidentiality. You’ll also find an often-overlooked trade-off: off-market opportunities prioritise discretion and early access, but do not necessarily offer the best price compared with searching the public market. If you want to sell your own property off-market, our dedicated guide explains the process from the seller’s perspective.

You’re selling a property in Monaco and want to know what you will actually pay. The key point: private individuals are not subject to capital gains tax in Monaco, unlike in most other countries. This guide breaks down the actual costs of the transaction: registration duties and notary fees, which together generally amount to 6% to 7% of the purchase price and are usually paid by the buyer, as well as agency fees if you use an intermediary. You’ll also find information relevant to your specific situation if you are a French tax resident or if your property is held through a company — two circumstances that can significantly affect the tax treatment despite the absence of local capital gains tax. For a detailed explanation of the notary’s role in the transaction, our dedicated guide covers every step.

You’re wondering what role a notary plays in a property purchase or sale in Monaco, and how much it will cost. The answer is straightforward: a notary’s involvement is mandatory for every real estate transaction, with services provided by a deliberately limited number of notary offices, currently three. This guide provides a figure that is often missing elsewhere: notary and registration fees generally amount to 6% to 7% of the purchase price, with specific regimes applying to property dealers and SCI structures. You’ll also find the documents to prepare before your appointment, as well as the situations in which a notary’s involvement goes beyond a straightforward sale, including inheritance, gifts and mortgage registration. For a complete breakdown of purchasing costs, our dedicated guide details each individual expense.