How much do Monaco estate agents charge?

Traditional Monaco agencies typically charge 3% of the purchase price to the buyer and 3% to the seller, plus VAT on each side at 20%. On a €10 million purchase that equates to €720,000 in combined agency fees. The market has historically accepted this as standard, though it stands well above the 1-2% norm in most other prime European cities.

How does MonacoViews differ from a traditional Monaco estate agent?

MonacoViews is a private property introduction service and is not a licensed Monaco estate agent. Buyers register a brief for free and receive AI-matched introductions to properties. Sellers register privately and are introduced to qualified buyers. The transaction itself is handled by the licensed Monaco agencies, notaire and lawyers of the parties involved.

Are agency fees negotiable in Monaco?

Traditional 3% commissions are in principle negotiable, particularly on higher-value transactions. In practice agencies are reluctant to drop below their published rates when the market is running hot. Sellers with multiple agency approaches or access to a strong buyer network can use that as leverage in fee negotiations.

Is VAT charged on Monaco agency fees?

Yes. Monaco agency fees are subject to VAT at 20% on both the buyer-side and seller-side commission. That VAT is invoiced by the agency and is not recoverable by the private buyer or seller. For high-value transactions VAT is a meaningful addition on top of the headline commission rate.

Who pays the notaire?

In Monaco the notaire is a public officer, not an estate agent. Notaire fees are separate from any agency commission and are paid by the buyer at completion. The notaire’s role is to draft the deed, settle registration duties, verify ownership and register the transaction; they do not represent either party commercially.

Fee reference

Estate Agent Fees in Monaco

What traditional Monaco agencies charge, how buyer and seller commissions work, where the VAT lands, and how to negotiate. Practical reference for buyers and sellers.

The two models side by side

Traditional agency

3% + 3% + VAT

\u2022 3% to buyer, 3% to seller
\u2022 20% VAT on both sides
\u2022 Combined fee \u2248 7.2% of price
\u2022 Upfront retainers common on exclusives

MonacoViews (introduction service)

Private introductions

\u2022 Buyer registration is free
\u2022 AI-matched to verified properties
\u2022 Personal introductions to sellers
\u2022 Works alongside licensed Monaco agents

The economics

A \u20AC10 million sale through a traditional agency yields \u20AC600,000 in headline commission, or around \u20AC720,000 once VAT is added on both sides. For large mandates that fee is significant \u2014 and it is one reason why an increasing number of Monaco sellers explore alternatives before committing to a traditional agency arrangement.

The tradeoff with any alternative is visibility. A traditional agency publishes the listing widely and generates inbound enquiries at scale. Services like MonacoViews take a different approach: connecting sellers with pre-qualified buyers privately, without the property appearing on every portal. For sellers who value discretion over broad advertising, that distinction matters.

Related guides

Complete selling guide: the full 6-step process with costs, documents and timelines.
Cost of buying property in Monaco: registration duties, notaire fees and ongoing carry.
Sell property in Monaco: register your property with MonacoViews for private, discreet introductions to qualified buyers.

Listing with MonacoViews

Register your Monaco property privately. We match it with qualified buyers from our registered network and manage every introduction personally.

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