Austria Bridging Loans

Enness is able to broker Austrian bridging loans of any value, although specialise in brokering deals involving high-value and prime real estate. Enness’ specialist bridging brokers can also arrange large loans secured against luxury Austrian property, including deals of €10 million or more.

Bridging loans are almost always used to achieve a specific outcome or solve a problem in the short term, as funds are available more quickly and the loans are used in a different way to conventional property finance. Before offering finance, lenders will want to see a clear exit plan and although they are open to several exits the loan, you must have a solid, documented strategy for using and managing the loan capital. Common exit plans include refinancing, the sale of properties and liquidity events, such as sale of a business, an inheritance. Divorce settlement and so on. 

The amount you can borrow will depend on various elements, such as your property's value, intended plans, financial background, net worth and exit. The average loan-to-value for Austrian bridging loans is currently around 60 to 65% although some lenders may offer more or less. The higher your net worth and the stronger your financial situation and background, the higher the LTV Enness will be able to arrange for you.

Many lenders are happy to offer large bridging loans of €1 million or more secured against Austrian property. Enness can also arrange multi-million euro bridging deals if your property and financial background support a loan of this size.

If you or your advisers have specific requirements to optimise or streamline borrowing, Enness can broker Austrian bridging loans on your behalf. Enness can also negotiate loans structured via entities and ownership structures in both Austria or abroad.

Enness also has extensive experience in cross-border transactions and will be able to broker bridging finance secured against Austrian real estate in deals where you will use the loan in other jurisdictions.

No matter what your goals or circumstances, Enness will always work to broker the best bridging loan for you. On top of negotiating the loan, your broker will consistently communicate with everyone involved in the transaction to complete the deal as quickly as possible.

Austrian bridging loans can be utilised to release equity from real estate you own in Austria. Your lender will secure the bridging loan against your property in Austria, and if you wish, the loan capital can be used for international projects and domestic ventures. Capital may be used to buy property, invest, purchase assets, consolidate debt or solve short-term cash-flow issues depending on your circumstances. Lenders are usually open to how you plan to use the finance, but will be interested in seeing a firm plan for managing the funds, as well as an exit strategy.

You may wish to release equity from a high-value Austrian residence but use the loan capital in another country – this is a common route for high-net-worth individuals. Many lenders offer loans in different currencies, even if the loan is secured against Austrian real estate. Enness can broker bridging finance in US dollars, pound sterling or Swiss francs, as well as other currencies depending on your needs. This can bypass expensive currency conversions and simplify using loan capital internationally.