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.

Does MonacoViews charge agent fees?

MonacoViews operates a success-fee model that starts at 1% of the sale price, paid by the seller only. Buyers pay no agency fee. The fee is only charged on completion: no retainers, no upfront costs and no commitment for sellers who decide not to transact.

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. The emergence of lower-fee platforms such as MonacoViews has created downward pressure, and sellers can now benchmark every agency proposal against a 1% success-fee alternative.

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 the success-fee model compares, where the VAT lands and how to negotiate. Practical reference for buyers and sellers deciding who to work with.

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 (success-fee)

From 1% seller only

\u2022 Buyer pays zero
\u2022 Seller pays only on completion
\u2022 No retainer, no commitment
\u2022 AI-matched, private introductions

The economics

A \u20AC10 million sale through a traditional agency yields \u20AC600,000 in headline commission, or around \u20AC720,000 once VAT is added. The same sale through MonacoViews carries a \u20AC100,000 success fee at the 1% floor, paid only by the seller on completion. For large mandates the difference is a real estate purchase in its own right.

The tradeoff is visibility. A traditional agency publishes the listing widely and generates inbound enquiries at scale. MonacoViews deliberately does not: sellers who want a discreet introduction to qualified buyers, without their property showing up on every portal, use the success-fee route to get exactly that.

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 a property with MonacoViews for private, success-fee matching.

Listing with MonacoViews

Submit your Monaco property privately. We match it with verified buyers, including off-market. Success-fee only, no upfront cost.

Sell your Monaco property