SPARK AND PARTNERS focus on providing accurate, reliable, market insight to its clients. For 10 years, we’ve been closely studying and analyzing Monaco real estate trends and prices. We use this knowledge to produce favorable real estate transactions for all our clients. We’ll offer you the expert guidance you can’t get from anyone else.
In 2019 the Monaco luxury real estate market has been stable. Although the amount of property for sale in Monaco has increased, the real estate prices in Monaco has increased as well.
The total number of homes and apartments in Monaco for sale reached 1.234 units at its peak during 2019. The prices per square meter increased by 8% from the year before and the properties sold in Monaco increased by 6% during the same time.
Monaco Real Estate as a Safe Investment
Investing in the South of France, the Swiss or the Monaco's real estate market has proven to be a secured, reliable investment over the last decades. On average, the Monaco's real estate market increased by 5% annually for the past 30 years. What is enjoyable when investing in apartments in Monaco and other luxury real estate is that there is no capital gain taxes to pay upon resell - which is a major competitive advantage when looking at different locations to invest worldwide. Besides the positive tax environment, Monaco is considered to be as one of the safest countries in the world both financially and physically. Lastely there is no more constructible plot in Monaco, hence the room for new construction is very little - making the properties rare and limited against the rising demand.
When looking to invest in real estate in Monaco, the French Riviera or Switzerland, you’ll get the widest selection when through our group. Not only we give you access to a wide variety of apartments and homes, but we mostly seek out off-market properties in Monaco. We’ll provide you with all the discretion you need as you invest in Monaco. Our extensive knowledge of property in Monaco will be at your disposal to help you through the sales process.
Please call us to set up a meeting.
SPARK AND PARTNERS has the experience you’re looking for in a Monaco property management agency. We look after a large and various portfolio of properties in Monaco, France and Switzerland including everything from small studios to sizable family homes, including offices and commercial properties. We maximize profits in your investment property while minimizing the hassles. Each property owner is provided with a direct line to its Property Manager in order to get answers to any questions he might have.
In Monaco, local leases must be for a minimum of one year, but many tenants fall in love with the area and want to stay more long-term. By analyzing the latest real estate trends, we determine a rent price that is fair and will hold up to Monaco’s evolving real estate market. We set a price that will maximize your revenue over the course of each tenant’s lease.
Finding Quality Tenants
Our property management services include marketing your Monaco property efficiently. We’ll showcase your property’s unique features across multiple platforms to maximize your prospects for tenants. We don’t just want to find you a large number of potential tenants but the best quality tenants! Our real estate brokers will find you the best tenants by conducting thorough credit checks and ensuring they are a good fit for your property.
Once a tenant has been accepted, our legal associates and accountants will complete the transaction. When the time comes for your tenants to renew their leases, we’ll check the living conditions and utilities.
Stress-Free Real Estate Investment
Monaco property management can be extremely complex with all the rules and regulations. The management team handle every last detail of your property from the legal,administrative details to the social and technical aspects. We’ll monitor all utility bills to ensure they are always paid on time. Our team also assist you with private and public organizations including your insurance provider, water company, telecommunications, and more!
Tell us your goals for your investment property. We’ll protect your interests by selecting the best stakeholders and negotiating on your behalf for favorable rates. We also have many contacts in architecture and construction as well as other trades. By leverage these contacts, we’re able to keep your home in the best shape possible.
Making a long-term investment in Monaco luxury real estate is a decision that should be made carefully. When you partner with our team, you’re getting ten years of valuable experience. Whether you’re on the hunt for an a home or apartments in Monaco, we make finding the best monte carlo real estate much easier. Our valuable insights about the Monaco real estate prices and market as a whole will help you make the best purchasing decision.
Purchase Luxury Real Estate in Monaco
SPARK AND PARTNERS meet with every buyer who seeks property for sale in Monaco. This allows us to gain up-close insight into what you want from your Monaco real estate. We want you to be as specific as possible, so we will find the perfect property that won’t force you to compromise.
Once we’ve found some properties for sale in Monaco you’re interested in, we’ll organize your viewing. We are happy to adjust any time you change you criteria. No matter what you’re looking for, we will find something perfect for you!
One of our property brokers will accompany you throughout the property search. We keep you with the same broker to ensure you get the most personalized service possible. We’re with you every step of the way to make purchasing real estate easy!
There are a fees to keep track of when you’re purchasing a property in Monaco. They are described as follow:
- 6% of the total value of your transaction for the registration from the notary’s office
- 3% of the total value of your transaction plus VAT for the agency
- 1% of the total value of your transaction if you are using financing
Since our inception, SPARK AND PARTNERS has earned the trust of not only our clients but also key players in the industry. We are committed to providing the best quality service no matter what! Our clients trust our advice. They know it leads to the best outcomes.
SPARK AND PARTNERS will help you find the highest quality buyers in search of Monaco property. Our team will make sure you are parting with your property at the best price possible and do our best for the transaction to go quickly and smoothly. We will also show you how to include your asset in the property portfolios of the best negotiators and intermediaries in Monaco. By joining our Monaco real estate listings, we guarantee a maximum of international exposure, needed for a fast sale.
We always tailor our advice to fit your unique needs and help you sell in the shortest amount of time possible. No matter what, we are committed to helping you achieve the best outcome.
Effective Real Estate Marketing Strategies
Marketing your property is one of the most important aspects of working with vendors. Our extensive experience helps us effectively market your property. We use every resource available to help us find you the best buyer. We adjust our strategy based on your specific property and the current market.
Our professionals will showcase your property in a way that will entice buyers. We use a combination of international marketing materials, online resources, and a total of 5 international magazines to get the word out to potential buyers. We have a 25.000 email subscribers list from which your property will be released to.
We will always communicate with you until your property is sold. Upon your request, we will act in your discretion while keeping in compliance with your requirements.
Monaco Selling Fees Made Simple
The fees you have to pay when you’re selling property in Monaco are minimal. The agency’s fee is 5% of the transaction’s value plus VAT. If you’re selling financed property that has not been fully paid, you’ll have to pay 1% of the remaining assets to the notary as an unregistered fee. Our real estate brokers will always be available to assist you and make this process easy.
If you’re looking for property to rent in Monaco, there’s no better way to go about it than by using SPARK AND PARTNERS. Our superior rental assistance in Monaco will help you make the move that’s right for you! We help you find your gorgeous luxury real estate in Monaco for rent.
Renting is a great first step to take with Monaco property before you buy. Every Monaco neighborhood offer different benefits. By renting, you’re able to decide what’s best for you!
Service That Goes Above and Beyond
We comply with all their internal rules to ensure high-quality service. We always observe ethical business practices while protecting your best interests. Our real estate brokers also provide bespoke rental assistance. We always take into account factors such as:
- Your type of lease
- Your rent
- Your insurance
- Your required subscription policies
Our brokers will simplify the rental process by explaining all the legal and administrative requirements to you. We help you find properties to rent that are in our management portfolio as well as those that aren’t. By collaborating with other Monegasque real estate agencies, we offer properties that are available in the principality with no change to the agreed-upon fee.