L’Exotique
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Overview
A new gateway building on the western entrance of Monaco, offering 66 luxury apartments with deep terraces and indoor gardens. It provides spectacular sea and Rock views and includes a public parking garage and tunnel.
Building/Community Amenities
- 24/7 Concierge
- 24/7 Security
- Clubhouse / Resident Lounge
- Elevator
- Fitness Center / Gym
- Garage Parking
- Garden / Courtyard
- Gated Community
- Heated Pool
- High-End Finishes (e.g., Marble, Granite)
- Indoor Pool
- Kitchen Appliances
- On-site Retail / Shops
- Parking
- Party / Event Room
- Pool
- Private Pool
- Rooftop Deck / Terrace
- Sauna
- Sea / Ocean View
- Spa / Wellness Center
- Steam Room
Investment Insights
Legal & Ownership
Legal & Ownership Information
Ownership Structure
Ownership Rights
Full ownership rights (Freehold)
Foreign Ownership
Foreigners face no restrictions on buying property in Monaco, making it accessible for international investors looking to enter this exclusive market.
Tax Considerations
Property Taxes
property tax, but a registration tax of 6% applies when purchasing real estate
Transfer Tax
Transfer taxes apply on purchase.
Inheritance Tax
Capital gains tax is not applicable for properties held for over 5 years
Important Considerations
Restrictions
- Foreigners face no restrictions on buying property in Monaco, making it accessible for international investors looking to enter this exclusive market.
- While there are no specific restrictions for foreign buyers, it's important to comply with local regulations and engage legal experts to navigate the process efficiently.
Required Documents
Financing Options
Financing Options
Financing in Monaco
Monaco offers an array of property financing options tailored for foreign buyers seeking to invest in its luxurious real estate market. With its stable economy and attractive lifestyle, Monaco is an appealing location for property financing. Typically, loan-to-value (LTV) ratios range from 50% to 70%, depending on the borrower's financial profile and the property's value. Foreign buyers are drawn to Monaco not only for its glamorous real estate but also for the competitive mortgage rates available, making it a sought-after destination for high-net-worth individuals looking to finance their property investments.
Requirements for Foreign Buyers
- 1Valid passport
- 2Proof of income (e.g., salary slips or tax returns)
- 3Bank statements (typically for the last six months)
- 4Credit history report
- 5Property appraisal report
- 6Proof of existing assets or collateral
- 7Guarantor or additional financial support, if required
Popular Lenders
Contact Information
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info.caroliprint@groupecaroli.mc
Contact DeveloperMention property ID: L’Exotique when contacting.