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45 000 € / month
Terrasses du Port
398 sqm
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Monaco property management.
Private banking standards.
We manage your real estate portfolio with the rigour, discretion and reporting excellence you expect from your wealth manager.
Zero vacancy
Zero arrears
Transparent reporting
The challenge
Managing Monaco property from a distance
You've invested in Monaco real estate for wealth preservation and transmission. But managing it effectively while maintaining your focus elsewhere creates unnecessary complexity.
Balkin removes this burden entirely
I've worked with several agencies to manage my Monaco properties.
I had never experienced this level of service. With Balkin, zero issues.
M.L., Property owner • Monaco
OUR COMMITMENTS
What sets Balkin apart
OUR TRACK RECORD
Performance proven by data
YOUR DEDICATED TEAM
Experts managing your Monaco portfolio
Sabrina and Marie-Hélène oversee your properties daily: rigorous reporting, tenant coordination, continuous monitoring.
Sabrina Tuck
Property Manager
Marie-Hélène Bataillé
Office Manager
Their mission?
Ensuring your investment generates returns without requiring your involvement.
OUR PROCESS
From mandate signature to reporting: every step defined
Initial discussion
Understanding your objectives
Property visit & valuation
Comprehensive assessment
Rental appraisal
Monaco market pricing
Mandate signature
Formalizing the partnership
Complete handover
Insurance, owners' meetings, tenant search
Tenancy commencement
Entry inventory conducted
Rent payment
D+7 maximum
Ongoing oversight
Transparent reporting
THE COMPARISON
Balkin vs traditional Monaco agencies
Balkin
Agences tradi
Owner reporting
Monthly detailed + real-time access
Quarterly or upon request
Rental value tracking
Market reassessment at each renewal
Automatic indexation only
Property condition
Proactive control, preventive maintenance
Intervention upon notification
Lease end anticipation
6 months before expiry
Ad hoc
Tenant selection
Rigorous process, thorough verification
Standard file review
Relationship
Dedicated contact, 24h response
Pool of property managers
Vacancy
0 days (anticipated reletting)
Variable, 1-3 months
Arrears
0% since 2005
Variable
Entrusting your monaco real estate to a specialized team ensures comprehensive and discreet management tailored to your specific needs. we handle every step of property management, from leasing to regular maintenance, including enhancing and safeguarding your assets. you benefit from a strong local presence, an in-depth understanding of the monegasque market, and an international network that enables access to qualified clients often unreachable through conventional channels.
We take care of tenant relations, financial and administrative management, as well as legal compliance. you avoid the hassles of legal obligations and daily procedures while ensuring the optimal operation of your property. entrusting your property to a professional team allows you to enjoy your investment without constraints while maximizing its long-term value.
We ensure your property complies with all current fiscal and regulatory obligations in the Principality. This includes adherence to local rental laws, applicable taxes, and safety standards.
We prepare and archive official documents, manage rental income declarations if necessary, and inform you of any legal or fiscal changes that could affect your property. This oversight helps protect your interests and avoid risks of non-compliance or penalties.
We organize and supervise all maintenance operations, from routine repairs to major renovations. Each intervention is carried out with trusted service providers selected for their reliability and expertise.
In the event of a claim, we handle coordination with insurers, repairs, and administrative procedures, minimizing the impact on your property and ensuring a quick return to optimal condition. Regular monitoring helps prevent issues, protect the value of your property, and ensure maintenance meets the highest standards.
It is important to prioritize a property manager with local experience, a deep understanding of the Monaco market, and a reliable reputation. Check the quality of services offered, transparency in communication, and access to an international network of clients and partners. A good manager should provide personalized and structured support, capable of meeting your specific needs and safeguarding your assets.
Yes. We ensure that your property meets all legal and tax obligations in Monaco. This includes drafting and monitoring leases, declaring rental income, complying with safety standards, and any specific administrative obligations in the Principality. Every step is documented and supervised to prevent any risk of non-compliance.
Fees depend on the size, location, and type of property. They generally cover full property management, including tenant selection, rent monitoring, maintenance, and administrative tasks. Fees are structured transparently, with clear and detailed reports on services provided, so you know exactly what you are paying for.
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