Bridge & development finance
in Monaco
Bridge and development finance for ultra-prime Monaco real estate, arranged through private banks and family-office capital. Tickets from €5M.
Monaco has one of the highest values per square metre in the world and a structurally constrained pipeline, and the pool of lenders genuinely active in the Principality is narrow. A bridge loan in Monaco is most often used to acquire a trophy asset under time pressure, release equity from an unencumbered apartment, or refinance a private-bank facility approaching maturity.
Passy Partners arranges Monaco bridge and development finance through the private banks and family-office capital active in Monte Carlo, the Carré d'Or, La Condamine, Larvotto and Fontvieille. Underwriting is on global wealth and liquidity rather than local income, and an assets-under-management relationship with the financing bank is frequently part of the structure.
Full Monaco coverage- –Acquisition bridges on ultra-prime Monaco residential, typically €5M to €50M.
- –Equity release against unencumbered Monegasque apartments.
- –Refinancing of private-bank facilities approaching maturity.
- –Refurbishment finance on legacy Carré d'Or stock.
- Facility size
- From €5M, up to €50M
- Security position
- Senior, stretch-senior or whole-loan
- Bridge pricing
- From ~8% per annum
- Bridge leverage
- Up to ~70% of value
- Underwriting basis
- Global wealth and liquidity
- Term
- 3–24 months (bridge)
Indicative parameters only. Rate, leverage and term are set by the chosen lender and confirmed on completion of underwriting.
Monaco bridge finance,
explained.
Yes. Monaco bridge finance is generally underwritten on global wealth and liquidity rather than local income, which makes non-resident and internationally mobile principals a natural fit. The private banks active in the Principality look at the borrower's overall balance sheet, and an assets-under-management relationship is often part of the structure. We confirm appetite with the chosen private bank before issuing indicative terms.
Discuss a Monaco financing requirement
Initial conversations are confidential and without obligation.