Valuation and preparation
The process begins with a broker visit to gather detailed information about the property, its condition, location, building, legal context, and market potential.
A detailed valuation report can then be prepared using several valuation methods to reduce subjectivity and position the property at the fairest market price.
Documents usually required
The file may include ownership certificates, seller identity documents, co-ownership rules, recent general meeting minutes, corporate documentation, rental management files if rented, and works documentation where renovations required authorization.
Sales mandate
A written mandate defines the asking price, commission, duration, and marketing conditions. It may be exclusive, co-exclusive, or simple depending on the strategy selected.
Marketing and viewings
Pacific Agency prepares the property for market through photography, presentation, advertising, and targeted communication. Viewings are organized with serious prospects and feedback is reported to the owner.
Offers and notarial process
When a buyer submits an offer, the main terms are reviewed with the owner. Once accepted and signed, documentation is sent to the notary for legal completion and deposit collection where applicable.
Final deed and completion
The final deed is signed before a notary or by authentic power of attorney. Ownership transfers on the agreed date, keys are handed over, and funds are released through the notary.
Agency commission and costs
According to the scale set by the Monegasque Real Estate Chamber, the seller commission is 5 percent plus VAT, currently 6 percent including tax. Other costs may apply in specific situations.
Thinking of selling your Monaco property?
Contact Pacific Agency for a confidential valuation and a structured sales strategy.
Contact Pacific Agency