Residential Lease in Monaco: 

Regulations, Duration and Security Deposit

Property rental in Monaco is governed by a precise regulatory framework, ensuring stability, security and transparency. In a market dominated by prestige and luxury real estate, a thorough understanding of rental regulations is essential before entering into any commitment.

Residential Lease in Monaco: A Specific and Secure Legal Framework

Renting an apartment in Monaco goes far beyond the simple signing of a contract. As one of the most exclusive real estate markets in the world, Monaco applies strict rules to residential leases, reflecting both the singularity of the Principality and the high standards of its luxury property market.
Lease duration, security deposit, payment terms and additional fees must be perfectly understood—particularly by an international clientele seeking legal security and peace of mind.


As a recognized specialist in luxury real estate in Monaco, PIRAS Real Estate assists its clients in renting high-end apartments, exceptional residences and confidential off-market properties, providing in-depth local expertise and a bespoke service that meets Monegasque standards of excellence.

Duration of a Residential Lease in Monaco

A Monegasque residential lease is concluded for a one-year term. Upon expiration, the lease is automatically renewed, unless expressly terminated by either party.
Any termination must be notified in writing, with a three-month notice period. This system provides strong rental stability, a key advantage in the prestige apartment rental market in Monaco.

Payment of Rent and Rental Charges

The Monegasque rental market follows specific practices that differ significantly from those applied in many other European countries.
Rent and charges are:
-Payable quarterly,
-Due three months in advance, upon taking possession of the property and at each contractual renewal date.

This practice is standard in the luxury rental market in Monaco, for both furnished and unfurnished properties.

Security Deposit: Amount and Purpose

The security deposit is a central element of residential leases in Monaco. It corresponds to:
-Three months’ rent including charges.

This amount is paid upon signing the lease and serves to definitively secure the apartment—an essential formality in a market characterized by scarcity of quality properties and strong international demand.

Lease Registration Tax in Monaco

All residential leases in Monaco must be officially registered with the Monegasque authorities. The registration tax is set at:
-1% of the annual rent including charges.

This administrative formality must be anticipated at the time of lease execution.

Real Estate Agency Fees in Monaco

When a rental is arranged through a real estate agency:
-Agency fees amount to 10% of the annual rent,
-Plus 20% VAT,
-Payable only for the first year.

Renting a prestige apartment in Monaco requires rigor, anticipation and a thorough understanding of the local legal framework. Lease duration, security deposit, payment terms and additional costs must be precisely managed to avoid any uncertainty. PIRAS Real Estate, expert in luxury and prestige real estate in Monaco, supports you at every stage of your rental project—whether on-market or through confidential off-market opportunities.

Contact PIRAS Real Estate, your trusted partner for exceptional real estate in the Principality of Monaco.