Monaco is two square kilometres of land with roughly 40,000 residents and an average transaction price above EUR 50,000 per square metre. Supply is fixed by geography, and a meaningful share of the best apartments never appears on a listing portal. The agents who matter in this market are the ones who hold relationships with long-term owners, developers such as those behind Mareterra, and the small circle of family offices that sell quietly.
The agencies listed here range from Monaco-born boutiques such as Miells and Partners to international networks with a dedicated Monte Carlo office. What separates them from the broader Riviera market is access: a serious buyer is typically shown apartments that are not advertised anywhere, on condition of confidentiality and proof of funds.
Transaction mechanics differ from London or New York. Notaries handle conveyancing, registration duties run at roughly 4.5 to 6 percent depending on structure, and residency applications often run in parallel with the purchase. The better agents coordinate all three with the buyer's lawyer and bank.
What to Look For in a Monaco Real Estate Professional
- A physical office in the Principality and a track record above EUR 10 million per transaction
- Willingness to work under a written buyer mandate rather than pushing open listings
- Relationships with Monaco notaries and residency advisers, since the purchase and the carte de sejour usually move together
- Membership of the Chambre Immobiliere Monegasque