Rent a property in Monaco
Powers Properties will support you in your search and provide you with all the advice you need.
Our affiliation with the Chambre Immobilière de Monaco and our partnerships with our Monegasque colleagues enable us to cover the entire market in the Principality.
It's important to know that, as a real estate agency, we can offer you our own list of products, but we also have access to all the properties of other agencies in Monaco, whether public or off-market.
We therefore recommend that you work exclusively with Powers Properties in order to benefit from access to all the properties likely to meet your needs. Mutual trust guarantees quality service.
When a customer consults several agencies, it becomes difficult to establish this relationship of trust, and the agencies will be less motivated to accompany the customer. To secure the rental of a property, the tenant must sign a rental agreement, which should be accepted by the landlord.
What are the rental costs?
The agency's commission is 10% of the annual rent + 20% VAT*.
Payment is made in two installments:
- A deposit payable on signature of the rental agreement, corresponding to :
- A security deposit of three months' rent plus charges
- Agency commission - The balance of the commitment before signing the rental agreement, corresponding
to:
- Three months' rent plus charges
- Tax registration fees (1% of annual rent plus charges per year of lease plus stamp fees)
- Bailiff's fees for the initial inventory of fixtures (between 700 and 1,000 EUR)
- Drafting of lease (680 EUR plus 20% VAT*)
*Official rates of the Monegasque Real Estate Chamber