What it costs to buy property in Monaco
A foreign buyer should budget roughly 9.8% of the purchase price on top of the price itself. No licence or permit is required.
What you pay
- Registration duty4.8% of the price$23,750
- Agency commission3.6% of the price$18,000
- Notary fees1.5% of the price$7,500
| On a purchase of | $250,000 | $500,000 | $1,000,000 |
|---|---|---|---|
| Registration duty | $11,875 | $23,750 | $47,500 |
| Notary fees | $3,750 | $7,500 | $15,000 |
| Agency commission | $9,000 | $18,000 | $36,000 |
| Total on top of the price | 9.8% | 9.8% | 9.8% |
Can you buy as a foreigner?
No licence required
Fully open: Monaco places no restriction on foreign ownership and charges no more for it. Buying does not by itself grant residency, though securing accommodation in the Principality is one of the conditions of a residence application — the property comes first, the carte de séjour is a separate process.
No approval to wait for
With no permission to obtain, the timeline is set by conveyancing rather than by a government queue.
Take it with you
These figures as a PDF, worked out at the price you enter, with every source and the date it was checked.
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Nearby markets compared
What a foreign buyer pays on top of a $500,000 price, here and in the markets around it nearest in cost.
An estimate for budgeting, not legal or tax advice. These rates are traced to published sources but have not been reviewed by a practitioner in this jurisdiction. Confirm the current position with an attorney before you commit.
Rates agree across the Monégasque agency and notarial guides consulted, including Savills' published buying guide. Not reviewed by a Monégasque notaire.