The Monegasque Real Estate Board

The Monegasque Real Estate Board: Presentation and Services

The Monegasque Real Estate Board

The Monegasque Real Estate Board is a renowned organization in the real estate sector in Monaco. Founded in 1945 and recognized by the Prince's Government, it brings together the most serious and competent real estate agencies in the Principality. Membership of the Monegasque Real Estate Board is a guarantee of quality and excellence in the sale, rental, management and other real estate activities in Monaco.

Petrini Exclusive Real Estate Monaco is proud to be a member of the Monegasque Real Estate Chamber. As a client of our agency, you benefit from impeccable services and expertise in real estate in Monaco.

 

Fees and regulation of member agencies of the Monegasque Real Estate Chamber

 

Guarantees and admission criteria for member agencies of the Monegasque Real Estate Board:

The member agencies of the Monegasque Real Estate Board, such as Petrini Exclusive Real Estate Monaco, must meet strict requirements to ensure a quality service to customers. Among these conditions, branches must be covered by professional and operational liability insurance and have a Bank Financial Guarantee issued by CFM INDOSUEZ.

In addition, agencies are subject to selective admission criteria and must comply with strict internal regulations, which include:

  • Compliance with a specific fee schedule, approved by the authorities
  • Rigor in their approach and approaches
  • The quality of advice provided to clients
  • Solid expertise in their fields of activity

In order to guarantee the seriousness and professionalism of the members of the Monegasque Real Estate Board, a disciplinary committee is set up to sanction any breach of professional ethics in the profession, whether vis-à-vis clients or other members. Thus, by choosing our Petrini Exclusive Real Estate Monaco agency, you benefit from reliable and quality services, with confidence.

 

CIM's sales and rental fees

The Monegasque Real Estate Chamber provides a fee scale for member real estate agencies, used during sales, rental and property management operations. These fee rates are regulated by the Monegasque Real Estate Board to ensure the transparency and quality of real estate services in Monaco. You can find in this table the negotiation fees for the year 2023:

 

 

 

OPERATIONS

 

SELLER LESSOR or BORROWER

 

PURCHASER  OR   LESSEE

- SALE OF IMMOVABLE carried out or terminated

 

 

by the fact of the seller or the purchaser.

5%

3 %

- SALE OF BUSINESS AND INDUSTRY

 6%

   3%

- ASSIGNMENT OF ALL OR PART OF THE LEASE RIGHT

6 %

          3%

- SALE OF FUNDS EXERCISE OF LAW

 

 

PREEMPTION 

6%

_

- EXCHANGE OF IMMOVABLE OR FUNDS

5 %

5 %

- BUSINESS MANAGEMENT

 

 

AND INDUSTRY

 

 

(s/ the duration of the management - maximum 3 years)

5 %

      5%

 

 

- MORTGAGE, NANTISSEMENT 

7%

_

- EMPTY OR FURNISHED RENTAL

10 %

10 %

- empty, over one year

 

 

- furnished, on the rental period

 

 

- commercial and industrial over one year

 

 

 

Petrini Exclusive Real Estate Monaco Agency: Sale and rental of apartments and villas

Our Monegasque real estate agency, Petrini Exclusive Real Estate Monaco, specializes in the sale and rental of apartments, villas and other prestigious real estate in Monaco. We provide you with quality items and offer personalized services to satisfy your requests and needs. In our product catalog, you will find apartments of different rooms, ranging from the pretty studio to a luxury apartment in the famous district of Monte-Carlo close to the largest establishments such as the Hotel of Paris or a sumptuous villa in La Rousse Saint Roman through a store for commercial use in Fontvieille. Our properties are offered at competitive prices and adapted to the Monte-Carlo real estate market. Be aware that many of our apartments have an exceptional view of the city or the sea. For each apartment, we provide you with precise details about the characteristics of the property, such as price, living space, number of rooms, equipment and services included.

But still, be aware that many properties are currently under construction in Monaco, offering unique opportunities for buyers who wish to invest in new properties. Many construction works are underway, if you want to live in a luxury residence or in a high-end villa, the Bay House will surely interest you! 

 

Benefits and visibility of ads on the website of the Monegasque Real Estate Board

 

Maximize the visibility of your real estate ads in Monaco:

As a member of the Monegasque Real Estate Board, our agency Petrini Exclusive Real Estate Monaco can publish your sales and rental ads on the official website of the Real Estate Board. This renowned Monegasque platform offers optimal visibility to your real estate, increasing your chances of quickly finding a buyer or tenant.

 

An exclusive service for our customers in Monaco

Whether you are looking for an apartment in a residence, a studio with sea view or a commercial office for your professional activities located in the heart of the famous Fontvieille district, know that our agency offers a wide choice of products exclusively for sale and rent.

 

In conclusion, the Monegasque Real Estate Board is the main organization for real estate activities in Monaco. Member agencies, such as ours, offer a wide range of real estate products, such as apartments and villas of different rooms and prices, as well as shops for commercial use with incredible views of the principality. Membership of the Monegasque Real Estate Board is a mark of quality for real estate services in Monaco, including the sale, rental and management of real estate. Agencies must comply with strict house rules and meet selective admission criteria to ensure a rigorous approach and advice for clients. Fee rates are regulated by the Monegasque Real Estate Board to ensure transparency and quality of real estate services in Monaco. Clients also benefit from increased visibility of their ads on the Monegasque Real Estate Board website. For more details do not hesitate to contact us. 

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