Villa Portofino Residence – 3-Bedroom Modern Apartment in La Condamine, Monaco

Step-by-step guide to the homebuying process :

1. Select properties and ask to organise viewing
2. Visit selected properties and choose a home to buy
3. Have the house inspected and ask for energy performance rating
4. Make an offer. Present it to the seller and reach agreement on the price.
5. Sign a promise deed – Compromis de vente 
6. Make a down payment of 5-10% of the sale price
7. Consider your financial options, ask for mortgage
8. Wait for the notary to check the transaction cleanliness
9. Pay a 100 % of the amount
10. Sign a sale deed and get the keys to your new home
11. Get legal documents, registered in the French Land Registry, from the notary
12. Register utilities and insurance policies of your new home in your name

Learn more about the buying process

First, the location. The closer it is to the sea - the easier it is to resell. Sea view is one of the most important criteria. Preferably south, south-east, south-west facing. Safe neighborhood and close to public transportation. Year of construction and quality of finishes and amenities. Average annual maintenance cost. The best resale neighborhoods are : Saint-Jean-Cap-Ferrat, Cap d’Antibes, Cannes Croisette, Nice Promenade des Anglais, as well as Monaco neighborhoods : Beaulieu, Eze, Cap d'Ail, Roquebrune-Cap-Martin.

Yes, it is. Haggling the price is quite common in real estate negotiations. Usually, your real estate agent knows the buyer's real reasons of sale decision. It's often possible to start negotiating while viewing the property. Your real estate professional will help you draft the Offre d’achat and negotiate on your behalf with the seller. The seller can accept your offer or make a counteroffer until a common price is set.

The DPE is a real estate diagnosis that is mandatory for all properties for sale. The seller must be able to provide it before signing a purchase agreement - Compromis de vente. The DPE makes it possible to know the energy consumption and CO2 emissions of the property and includes the following data:

• Floor area (Loi Carrez) — for apartments.
• Technical diagnoses (lead, asbestos, termites, etc.).
• Electrical and gas installations.
• Heat loss, insulation performance, renewable energy production systems, if any.
• Risk of seismic movement or other natural disaster.
• Septic tank installation – for houses.

Free of charge. Agency fee is paid by the Seller. If you haven't found a home that meets your criteria in our listings, contact us! Thanks to our network of real estate partners, we'll find the best home for you. All real estate agents in France work together and share their listings as well as their commission on sales. Thus, the buyer is free of commission charges and the seller pays the same commission amount regardless of the number of agents involved in the transaction.