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Exclusive New Development in Monaco
The prestigious new development, Villa Portofino, is ideally located in Monaco on Princesse Florestine Street, in the heart of La Condamine. Just steps away from the Port Hercules, shops and restaurants, the complex offers a blend of sophistication and convenience. The architect-designed residence comprises 10 four-room apartments, ranging from 130 to 150 square metres, with high ceilings. There are also an exquisite penthouse, three commercial spaces and underground parking. This new development has been completed in June 2022. Prices start at €45,000 per square metre, reflecting the exceptional value of this prime Monaco development.
Step-by-step guide to the homebuying process :
- Select your preferred properties and ask to organise viewings
- Visit your selected properties and choose your future home
- Have the property inspected and ask for energy performance rating
- Make an offer. Present it to the seller and reach agreement on the price
- Sign a promise deed – Compromis de vente
- Make a down payment of 5-10% of the sale price
- Consider your financial options, ask for mortgage
- Wait for the notary to verify that the transaction is legally compliant
- Pay the remaining balance of the purchase price
- Sign the final deed of sale and receive the keys to your new home
- Get legal documents, registered in the French Land Registry, from the notary
- Register utilities and insurance policies of your new home in your name
These reports inform the buyer about the state of the property but do not constitute a guarantee of its perfect condition.
For a detailed overview, see our guide: Property Sales in France: Mandatory Technical Inspections
56 bis, av de la Lanterne
06200 Nice, France
+33 4 93 29 84 25
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Nice, France (GMT +2)