Can UK citizens buy property in Monaco?

Yes, there are no restrictions on foreign ownership. However, Monaco residency requires separate application.

What is the minimum property price in Monaco?

There's no legal minimum, but practically, studio apartments start from around €1 million. Average prices are significantly higher.

Do I need Monaco residency to buy?

No, non-residents can buy property. However, many buyers seek residency for the tax advantages.

What mortgage rates are available?

Private bank rates in Monaco are typically competitive — often 1-3% for well-qualified HNW borrowers with strong banking relationships.

Monaco Property Mortgages

Monaco's ultra-prime property market requires specialist finance. We connect UK buyers with private banks and specialist lenders for Monaco purchases.

Buying Property in Monaco

Monaco is one of the world's most exclusive property markets, with prices averaging €50,000+ per square metre. Purchasing here typically requires specialist private banking relationships, as standard mortgage lenders don't operate in this price bracket. UK high-net-worth buyers need tailored finance solutions, which we arrange through our network of private banking contacts.

Private bank and specialist HNW lending
Ultra-prime property market expertise
Tax-free environment — no income or capital gains tax
Monaco residency application guidance
free initial advice luxury property mortgage advice

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Property Value (£) *

Deposit Amount (£)

Your home may be repossessed if you do not keep up repayments on your mortgage.

Private Bank Mortgages

Monaco property is typically financed through private banks — both local (e.g. CMB Monaco, CFM Monaco) and international (UBS, HSBC Private Bank, Barclays Wealth). These institutions offer bespoke mortgage terms based on your overall wealth profile, not just income.

Deposit and LTV

Private banks typically lend up to 50-70% LTV on Monaco property. Given average property values of €5-50 million+, this still requires substantial liquid assets. Some banks accept investment portfolios as additional security.

Tax Benefits

Monaco has no income tax, no capital gains tax, and no wealth tax for residents. This makes it highly attractive for HNW individuals, and the tax savings can significantly offset the high property costs over time.

Residency Requirements

To become a Monaco resident, you typically need to rent or own property in Monaco, demonstrate sufficient financial resources (approximately €500,000+ in a Monaco bank account), and obtain a residence card. Property purchase alone doesn't guarantee residency.