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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 properties and ask to organise viewing
- Visit selected properties and choose a home to buy
- Have the house 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 check the transaction cleanliness
- Pay a 100 % of the amount
- Sign a sale deed and get 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
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.
56 bis, av de la Lanterne
06200 Nice, France
+33 4 93 29 84 25
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Nice, France (GMT +2)