Real Estate & Construction

Monaco

The Principality of Monaco's buoyant economy, political stability, safety, ease of access and central location within Europe, attractive tax measures, excellent education system and pleasant climate mean high demand for property from Ultra High Net Worth Individuals (UHNWI) and a dynamic real estate sector for all involved.

CMS Pasquier Ciulla & Marquet has significant expertise in property and construction law. Our property law team advises Monegasque and foreign clients on their complex transactions for the purchase, sale, audit, construction, rental or development of property. We also assist our clients with property disputes, including foreclosure and auction, as well as construction disputes.

Our lawyers have in-depth knowledge of real estate issues and advise clients on matters such as real estate construction and development, purchase and sale of property, commercial property, drafting and negotiating contracts, selling and leasing property, and any related disputes. We also work closely with our corporate law and banking and financial law teams to assist clients with financing and mortgage aspects.

Our specialisations include:

  • Purchase and sale of property
  • Investment and project financing
  • Property development
  • Construction
  • Residential and commercial leases
  • Litigation

We advise property developers, construction companies, banks, real estate companies, landlords, investors and tenants.

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    Construction & Development

    Monaco may be a small country but its real estate sector is constantly growing and new, large-scale public and private projects are regularly breaking ground.

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    Management & Occupancy

    The Principality’s combination of economic success, tourism, high-end clientele and attractive tax system encourages high-potential businesses and professionals to set up there, which means property rental yields are high.

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    Investment & Change of Owner

    Property prices in the Principality have risen constantly since 2010 and have reached record heights, making Monaco one of the most expensive property markets in the world per square metre and a highly sought-after investment target.

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    Urban planning & Environment

    Monaco is small, and its buildings naturally extend skywards or seawards. Urban planning and environmental issues are becoming increasingly crucial, especially given the high priority placed by His Serene Highness on sustainable development and environment protection.

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