Refinancing of existing property
- studioteam22
- Jun 13
- 1 min read
Updated: Jul 9
Project
Mortgage of a castle owned by a Monacan SCP located in the South of France to pay back an existing mortgage of €3'500'000 and free some cash
Property’s value
€9'000'000
Borrower’s context
Swedish citizen, Monacan resident, CEO
Solution
€5'500'000 interest only mortgage / 5 years renewable, €2'000'000 in AUM
Bank
Private bank in Switzerland
