Valuation
What your property is worth, from someone who has stood in it
Monaco is small enough that a number produced from a database is nearly always wrong. Two flats in the same building, same floor area, can differ by a wide margin on aspect, floor, ceiling height, whether the terrace is usable in February, and how the building itself is regarded. None of that is in a spreadsheet.
How it works
What happens next, and how quickly
Your request arrives in our office rather than in a queue. One of us reads it and replies personally — normally the same working day, and never later than the next. There is no autoresponder and no call centre.
You send the details
The form below. Enough to know which building we are talking about — the rest can wait.
We reply to arrange a time
One of us, in person. If it is a building we already know well, we will say so — and say what that is worth.
We come and see it
Usually half an hour. We look at aspect, light, condition, the common parts, and what the building has actually been achieving.
You get a figure and the reasoning
In writing, with the comparable sales it rests on. If we think you should wait, we will say that too.
Discretion
What happens to your address
A valuation does not commit you to selling, and it does not commit you to us.
It stays in the office
What you send goes into our own system and is seen by the people who work here. We do not sell it, we do not pass it to a portal, and nothing about your apartment is discussed outside these walls.
Two boxes, two different things
The first consent lets us keep your details in order to reply to you. The second is optional, is the only thing that would ever put you on a mailing list, and leaving it blank changes nothing about the valuation.
Off-market is handled quietly
If you decide to sell and would rather nothing appeared anywhere, that is an ordinary instruction here rather than a special request. The apartment is shown to a small number of people we already know, and it never reaches this website.
Request a valuation
Why ask
You do not have to be selling
Most of the valuations we carry out never become an instruction, and that is a perfectly good outcome. An owner is entitled to know what they are holding — before choosing between selling and letting, before putting a figure in front of anybody else, or simply because the last one they had is years old.
Before you choose between selling and letting
For the same apartment the two answers can point in different directions, and in Monaco the letting answer depends on rules the sale answer does not. It is worth seeing both figures before committing to one.
Before you settle on an asking price
A price set too high does not sell more slowly in proportion. The apartment becomes the one that has been on the market a while, and the offers that arrive after that are lower than the ones that would have come in the first month.
Because the last figure you had is old
Owners who have held an apartment for years are often working from what a neighbour was told, or from what they paid for it. Neither is a valuation, and both tend to be wrong in the same direction.
Across the border
A Monaco valuation is not a French one
The border is a street, and almost everything about pricing changes at it. Owners often arrive with a figure from a French portal or an online estimator, and it is rarely describing their apartment.
An average needs enough sales to be an average
A price per square metre works where the stock is large and alike. Here it is small and each building is its own market, so the address does more of the work than the surface area.
Estimators that “cover Monaco” are describing France
Beausoleil begins one street above the frontier and its prices are not comparable. A model built on the communes around the Principality carries them across it, because that is the data it has.
The rules that matter here are Monegasque
The housing sectors, and what each of them means for letting, exist on this side of the border only. They are in no French model, and they are among the first things that move the answer.
The method
What we look at, once we are inside
Four things decide most of the answer. None of them is visible from a database, and two of them are not visible from inside the apartment either.
The sector, and what it decides
Whether a building falls in the protected sector under loi 1.235 changes who may rent an apartment in it. It does not change who may buy one — anyone may purchase and occupy in the protected sector. If you are weighing letting against selling, that is the first thing to establish, and we establish it with you rather than from a form.
Floor, aspect and what you actually see
Which floor, which direction it faces, whether the terrace is usable in February, and whether what you look at can change. Two identical apartments four storeys apart are not the same asset, and the gap between them is wide.
The building, and what it costs to run
Service charges, the works already voted, the state of the lifts and the common parts, how the syndic is regarded. A buyer finds all of it out eventually — a valuation that ignored it was a guess with a decimal point on the end.
What has actually changed hands
Recent comparable sales in your own building, or in the two either side of it, and what we know about how each one was negotiated. In a market this small the comparable set is a handful of transactions, and we will usually have been inside them.
We are estate agents rather than notaires or lawyers. Where the legal position of a building decides the figure, we will say so, and say who should confirm it.
Or simply telephone
A first conversation about what your apartment is worth does not have to begin with a form. The office is on Boulevard Princesse Charlotte, and one of us will answer.
+377 37 70 58 52