Selling Real Estate In Monaco

4 September 2024

Deciding to sell a property in the prestigious environment of the Principality of Monaco requires expert and customized service. BLS Real Estate Monte-Carlo accompanies you at every step of this process, ensuring flawless expertise to successfully carry out the transaction of your property.

Key Steps of the Sales Process with BLS Real Estate

1. Initial Evaluation of the Property:

Our experienced real estate negotiators visit your property to collect all the necessary details for an accurate evaluation. This initial step is crucial to set a fair price, attractive for the Monegasque market.

2. Detailed Estimation:

You will receive a detailed estimation of your property, using various methodologies to ensure an objective and competitive valuation.

3. Preparation and Collection of Essential Documents:

Before putting your property up for sale, we compile all essential documents, including property ownership certification, the sellers’ identification, the condominium regulations, and the latest minutes of the general assemblies. For mortgaged properties, we also manage the procedures related to the early release penalty, typically set at 1%.

4. Signing of the Sales Mandate:

The sales mandate details conditions such as the selling price, the duration of the mandate, and the agency’s remuneration. The types of mandates can vary:

• Exclusive: Maximizes visibility and resources allocated to selling your property.
• Co-exclusive: Shares exclusivity between two agencies to leverage their combined strengths.
• Simple: Allows other parties to also represent your interests.

5. Marketing:

We employ professional photographers, may suggest home staging to enhance your property, and use our diverse communication channels to reach a wide, qualified audience.

6. Organizing Visits:

Each visit is accompanied by our negotiators, who will then provide detailed feedback on the impressions of potential buyers.

7. Management of Purchase Offers:

We receive and negotiate offers to secure the best possible terms before finalizing the agreement.

8. Finalization of the Sale:

The agreement is secured with the signing of the authentic deed at the notary, and we facilitate all steps until handing over the keys to the new owner.

Selling a property in Monaco is a significant project, and at BLS Real Estate, we are committed to making this process as efficient and beneficial as possible. Our personalized approach and expertise in the Monegasque market ensure that each sale is conducted with the utmost professionalism and satisfaction for our clients.

For more information on selling your property or to discover our exclusive properties, contact BLS Real Estate today. We are at your disposal to discuss your real estate project and guide you through every step of your sale in Monaco.

Contact us for a personalized consultation and discover how our expertise can maximize the value of your real estate.