Logo
Global

€52 Million French Property Refinance

GROUP CEO

Islay Robinson

€52 Million South of France Property Refinance
Islay Robinson
GROUP CEO

Islay Robinson

Key Facts:

  • Client: UK National, Monaco Resident 
  • Property value: €52,000,000
  • Loan amount: €27,300,000
  • AUM: €5,550,000
  • Rate: 1.35%,10 years term, amortised loan

France's Riviera has long been a magnet for foreign property investors and those looking for a second home or holiday bolthole in France.

We were recently approached by a Monaco based UHNW client who required French property refinance. Situated in one of France's most sought-after areas, the property in question was a magnificent villa worth €52million. The client was looking to refinance at around 50% loan to value (LTV) in order to raise enough equity to cover some outstanding debt.

For luxury and ultra-prime property, one of the best routes to getting a mortgage in France is to borrow from a private bank. However, that doesn't necessarily mean you need to be looking for a mortgage from a French bank or lender. In many cases, international private banks will offer more advantageous loans than France’s domestic lenders. As such, we approached a UK based private bank, which suited our client, a British National, perfectly. 

In this case, the Monaco team successfuly negotiated a 52% LTV mortgage at a competitive rate of 1.35%, which exceeded the client's requirements. 

Enness has significant experience assisting high-net-worth non-residents in securing competitive and advantageous mortgages in France. Contact Enness to have a no-obligation chat about your plans for purchasing property in France and explore how Enness can help you structure and streamline French property finance

Information contained in our case studies is for market and illustrative purposes only. In some cases, these may be made up of multiple cases and are for illustrative purposes only.

Some case studies are made up of enquiries that have come into the business, not all business completes, and the posting of a case study does not represent a completed piece of business.