Monaco, famous for its prestige and idyllic setting, has a unique and highly competitive real estate market that attracts investors and buyers from all over the world.
Calling on a professional real estate expert such as PIRAS Immobilier is essential to maximize the chances of success in buying, selling or renting a property in Monaco.
Mauro PIRAS, founder of PIRAS Immobilier, stands out on the Monegasque real estate scene thanks to his in-depth knowledge of the market. He puts his expertise and his vast network of relationships at your service. You will benefit from his availability, discretion, sound advice and efficiency to carry out your projects and defend your interests. These qualities have enabled him to gain the trust and loyalty of a high-end and demanding international clientele. PIRAS Immobilier is ideally located in the prestigious Boulevard d'Italie district, in the immediate vicinity of the new Larvotto beach and a few minutes' walk from the famous Casino de Monte-Carlo. Mauro Piras and his team welcome you by appointment in Italian, English, Russian and French.
Local Expertise & Market Knowledge
PIRAS Real Estate in Monaco has an in-depth knowledge of the local market.
Our expertise covers current trends, sales and rental prices, as well as the specificities of each district.
- Knowledge of the Districts: Monaco is divided into several distinct neighborhoods, each with its own unique characteristics and attractions. For example, Monte Carlo is famous for its Casino and opulence, attracting a wealthy clientele looking for luxury and exclusivity. La Condamine, on the other hand, is known for its market and port, offering a more authentic and lively atmosphere. Our team knows the pros and cons of each area, helping customers choose the best location based on their needs and preferences.
- Accurate Asset Valuation: With their experience, our agents can provide accurate property valuations, taking into account various factors such as location, square footage, amenities, and the overall condition of the property. For example, a property on Avenue Princesse Grace, one of the most expensive streets in the world, will be valued differently than an apartment in a less prestigious area such as the Jardin Exotique. Our agents use current and historical market data to offer realistic valuations.
Access to a Wide Area Network
PIRAS Real Estate has an extensive network of contacts, including designers, architects, renovation companies, developers, notaries and banks. This network is crucial to facilitate real estate transactions.
- Access to Exclusive Properties: Many prestigious properties in Monaco are not listed publicly. Some luxury properties located on the Larvotto or in the Carré d'Or district rarely appear on the open market. Our experts can offer their clients access to these exclusive properties through their connections and network.
- Collaboration with Professionals: We collaborate with various professionals to ensure a smooth transaction, including notaries, real estate lawyers, architects and contractors for possible renovations. If a client wants to renovate an apartment bought in Monaco, we can directly put them in touch with renowned architects and local construction companies, thus guaranteeing quality work that complies with Monegasque standards.
Support & Management of Administrative Formalities
The process of buying or selling a property in Monaco involves many administrative and legal formalities. We support our clients in these complex procedures during these transactions.
- Knowledge of Regulations: Knowledge of local regulations, ensuring that all transactions comply with legal requirements.
PIRAS Real Estate provides advice to clients on the legal and financial aspects of buying or selling real estate. This may include information about mortgages, sale/lease contracts.
- Preparation of Documents: Management and verification of various administrative documents necessary for the sale, purchase or rental of real estate. We ensure that all of these documents are in order and complete before finalizing a transaction. Our team ensures that the legal deadlines are met and that all the necessary information is communicated to the parties involved to ensure transparency and legal certainty of the transaction.
Negotiation & Consulting
One of the main roles of our real estate experts is to negotiate on behalf of their clients to obtain the best possible terms, to protect and optimize the interests of their clients while facilitating a smooth and successful transaction.
- Price Negotiation: Our agents use their market knowledge and negotiation skills to secure advantageous purchase or sale prices.
PIRAS Real Estate negotiates the terms of the sale/lease, including the sale/lease price, payment terms, and other contractual clauses, in order to reach an agreement satisfactory to both parties.
- Personal advice: We offer personalized advice according to our clients' objectives, for the purchase of a primary residence, a second home or a rental investment. For an investor looking to rent out their property, we can provide profitability analyses and advice on the most in-demand areas for renting.
Luxury Property Management
In addition to buying and selling, PIRAS Immobilier offers incomparable property management services, which are particularly useful for owners who do not reside in the Principality.
PIRAS Real Estate plays a crucial role in ensuring the daily management, profitability, and enhancement of its clients' real estate assets. We act as a versatile manager, able to manage the technical, financial, legal, and relational aspects of real estate ownership.
(see article PROPERTY MANAGEMENT for more details on our missions)
Conclusion
Using PIRAS Real Estate offers many advantages, ranging from access to specialist knowledge and an extensive network, to the management of paperwork and property management services. In such an exclusive and competitive market, the expertise of our real estate agents is essential to successfully navigate the complexities of real estate transactions. Whether you are a buyer, seller or investor, a real estate agent in Monaco is a valuable partner in ensuring a good transaction and that you get the best possible results.