There are not many restrictions on renting or buying property in Monaco by foreign nationals. It is not necessary to be a resident of Monaco to own or lease property. In fact a large amount of property is held by non-residents for pure investment purposes.

The Monaco buying process is pretty much identical to those in France ( please see the chapters above on the French  buying process) title being passed by means of a deed of conveyance ("acte de vente") executed with a local notary.

Property leases in Monaco  are usually for between one to three years. 

There are  also no restrictions on the purchase of properties in Monaco by foreign companies ; in fact perhaps the majority of property sold  in Monaco is purchased in this way, there being no negative  tax considerations (unlike in  France) and also  some advantages. 

Notary fees and registration duties are payable by the purchaser when property is bought. These total approximately 9% of the purchase price but there is a reduced rate of approximately 2.5% where property is acquired directly from the original developer ( this is the case in the purchase of off plan developments) Estate agency commission is payable by both the buyer  and seller  ( 5% by the seller  and 3% by the buyer, in each case plus V.A.T. at 19.6%) and by the tenant as regards a letting (10% on the first year's rental, again plus 19.6% V.A.T.).