Agency's fees for sales
Agency Fees in Monaco: Understanding the Practices in the Principality
In a market as prestigious and unique as Monaco’s, real estate agency fees follow specific rules that may surprise the uninitiated. Governed by the standards of the Monaco Real Estate Chamber, these fees are clearly defined based on the type of transaction (sale, rental, transfer, etc.) and the roles of the parties involved (seller, buyer, landlord, tenant). Whether you are a private individual or a professional, it is essential to understand how these fees are structured in order to better anticipate the overall cost of your real estate project.
Agency Fees for the Sale of a Property
In Monaco, for the sale of an apartment, villa, or building, fees are distributed asymmetrically between the two parties, following a well-established professional practice:
• 5% excl. tax paid by the seller
• 3% excl. tax paid by the buyer
These fees cover a full range of essential services: property valuation, professional photography, preparation of the listing, targeted advertising, management of viewings, legal support, administrative checks, drafting of offers, and coordination with the notary.
Please note: these fees remain payable even if the sale is canceled by either party, provided the agency has fulfilled its intermediation mission.