Monaco, officially the principality of Monaco, is a sovereign city-state located on the French Riviera. Often shrouded in mystery, the Monaco lending market is viewed as complex by many on the inside and outside. The Monaco mortgage market is unique; everything is negotiable from interest rates to assets under management, from loan structure to charges. However, to secure the best Monaco mortgages you need to have access to the wide range of commercial and private banking groups.
We have an office in the heart of the Monaco banking and finance sector where we are able to utilise our experience and contacts to the full. Aside from the unique characteristics of the Monaco financial services sector, there are further considerations such as the language, etiquette and principles. Here at Enness we have spent many years researching the Monaco market, building our contacts and constantly updating our knowledgebase. This has opened many new doors and opportunities to create an array of bespoke mortgage deals with private banking groups.
The Monaco property market has a reputation as the world’s premier home for high net worth individuals. The stunning views over the coast, the relaxing Mediterranean climate and a favourable tax system have attracted international investors and business people from around the world. The insatiable appetite for finance in Monaco is well known although for some of the complex financial arrangements can prove challenging.
When looking to acquire property in Monaco you will find that $1 million buys you just 15 m² of prime real estate. There is a cost to living the high life in Monaco, but the glitz and glamour of
Monte Carlo, and its famous Carré d’or together with the beautiful beaches of Larvotto make it all worthwhile. The Monaco real estate market is extremely liquid, fast-moving with deals often concluded in just a couple of weeks. This proactive attitude fits perfectly with our Monaco financial services team and our intimate knowledge of local property market intricacies.
We are specialists in HNWI bespoke mortgage arrangements and this fits perfectly with the Monaco mortgage market. There are many unique characteristics of the Monaco financial sector such as the following lending criteria:-
It is quite often a case of who you know, not what you know, when it comes to arranging finance in Monaco. Reputations open doors, knowledge secures finance and with lending often time critical, we are experienced hands in closing the deal.
Here at Enness we have built up a multilingual, multitalented and extremely well-connected Monaco financial services team. We can utilise your worldwide assets as collateral, use your cash flow to minimise interest rates and deliver bespoke Monaco mortgage deals in an extremely time efficient manner. Our clients are able to reap the benefits of our experience with both commercial and private banks, together with our independent status. Whether you are looking at a relatively traditional mortgage arrangement or one involving overseas assets, trusts and companies, we can structure a deal around you. Why not give us a call today for a no obligation chat with our experts who will advise you of the options available for your specific situation.
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