Agency fees
In accordance with the regulations applicable in the Principality of Monaco, Life Properties Monaco applies the following agency fees.
Operation
Seller / Landlord
Buyer / Tenant
Sale of real estate
5%
3%
Sale of business assets (Goodwill)
6%
3%
Assignment of lease rights
6%
3%
Sale of business assets following the exercise of a pre-emption right
6%
—
Exchange of real estate or business assets
5%
5%
Management of business assets (maximum 3-year management agreement)
5%
5%
Residential or furnished rental (fees calculated on one year's rent for unfurnished properties, or on the total lease value for furnished properties)
10%
10%
Property management
8% + VAT*
—
Notes
- All fees are expressed as a percentage of the transaction value or rental amount, in accordance with Monaco's official fee schedule.
- VAT applies where required by the applicable regulations.
- Specific terms may apply depending on the nature of the transaction.
Source: Monaco Chamber of Real Estate
