Monaco Real Estate & Conveyancing
Monaco Real Estate Transfer Tax & Notary Fees Calculator
Calculate statutory real estate acquisition duties and closing costs in the Principality of Monaco under the Direction des Services Fiscaux and the Chambre des Notaires de Monaco. Accurately model 4.50% registration duty for individuals and transparent Monegasque civil companies (SCI), 7.50% for corporate entities/trusts, regulated notary fees (1.50% + TVA), and real estate commissions (5.0% + TVA).
Acquisition Consideration & Structure
Monaco residential property prices average ~€50,000/m² in Carre d'Or, Fontvieille, and Larvotto.
Statutory Closing Cost Breakdown
Total Acquisition Outlay €0.00 0% transaction overhead
Registration Duties (State) €0.00 4.5% Rate Applied
Notary Public Fees €0.00 1.50% Emoluments + TVA
Real Estate Agency Commission €0.00 5% + 20% TVA
Conveyancing Settlement Statement
| Item / Recipient | Statutory Basis | Amount (€) |
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Monaco Real Estate Conveyancing Rules (Direction des Services Fiscaux)
Purchasing immovable property in the Principality of Monaco is governed by strict statutory rules executed exclusively by one of Monaco's licensed public notaries (*notaires*).
Registration Duties & Buyer Obligations
- Natural Persons & Transparent SCIs (4.50%): When property is purchased by physical persons or a Monegasque *Societe Civile Immobiliere* whose shareholders are completely transparent individuals, the state transfer tax (*droits d'enregistrement*) is 4.50%.
- Corporate & Offshore Entities (7.50%): If acquired by an offshore company, foreign trust, or non-transparent corporate structure, the duty increases to 7.50% to discourage anonymous beneficial ownership.
- Regulated Notary Fees: Notary fees are legally fixed at 1.50% of the purchase consideration, plus 20% TVA, administrative mortgage searches, and stamp duty.
- Buyer-Paid Agency Fee: Under the official guidelines of the *Chambre Immobiliere Monegasque*, real estate agency commissions are typically 5.0% + 20% TVA (effective 6.0%) and are statutorily payable by the purchaser, rather than the vendor.