How Do I Invest In Monaco Real Estate?
There are no restrictions on investing in Monaco real estate. If you’ve got the money, they’ve got plenty of product.
Walk down the main street and you will see dozens of real estate brokers with pictures & property descriptions in the windows. You walk in, point at the one you want, offer about 10% less than the asking price. You pay for it and you will be the proud owner of an apartment, office, or store.
You may know that Monaco real estate is very pricey, and so you may have to pay USA $3 million for a small studio with a view. It would be hard for a foreigner without a local income to get a mortgage loan, so you will have to pay cash. I don’t mean paper money. It has to be a bank transfer.
- W.G. Hill
Reading recommendation: "Making Monte Carlo: A History of Speculation and Spectacle" Find out more about the history of Monte Carlo, the rise of the world’s first modern casino-resort and the infamous playground of the rich.