I recently travelled to Monaco to learn about renting or buying real estate in a Principality for foreigners. My colleague Florian Valeri, a Monagasque and owner of a real estate agency, helped me find the answers to all my questions.
VALERI AGENCY
Agence Immobilière à Monaco
7 Avenue des Papalins,
98000 Monaco
Tel. +377 92 16 16 32
https://www.valeriagency.com/
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00:00:00 How to rent or buy a property in Monaco?
00:00:22 Can foreigners rent a property in Monaco?
00:00:38 What is the average rental price of a property in Monaco?
00:01:06 What is the average rental term for an apartment?
00:01:35 What are the costs associated with renting a flat? Is a deposit required?
00:02:16 What are the monthly maintenance costs?
00:02:41 How do I search for a rental apartment in Monaco?
00:03:45 Is there a difference in the rental price if I find an apartment myself or if I go to an agency?
00:04:29 Can foreigners buy a property in Monaco?
00:05:16 What is the procedure for buying a property in Monaco?
00:06:08 What is the average processing time for buying a property?
00:07:08 What are the taxes on buying property in Monaco?
00:07:53 What is the average price of an apartment in Monaco?
00:08:55 In your experience, what was the most expensive aparment sold in Monaco?
00:09:43 How much does it cost to own an apartment in Monaco?
00:10:07 Can I rent out the property I own and make an income?
00:11:15 What are your favourite areas in Monaco that you can recommend?
00:12:09 And what are your favourite residences?
00:12:36 In which area of Monaco do you live?
00:13:01 Do you want to move and live in Monaco?
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Hi, I am Sander, and I recommend the best places to live and invest in real estate every week.
Since 2006 I have been involved in real estate transactions in the USA, UK, Monaco, France, Italy, Spain, Portugal, Germany, Austria, Switzerland, Cyprus, Greece, Montenegro and other countries for over €150 million. And since 2009, with my team, I have completed 30+ investment projects in England with a value of £250,000,000+. So I do know the world of real estate.
I have lived and worked in Germany, Switzerland, the UK, the Czech Republic, Monaco, Israel, and Portugal. I have a professional education and studied at LSE, Oxford University, Cornell, MIT. Passionate about relocation, real estate & investments, housing, sustainable living, finance and urban development.
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