Home / Categories / Refinancing / Venise - Sant'Angelo: Exclusive Investment in a 15th Century Venetian Palace
3 months ago
9

Venise - Sant'Angelo: Exclusive Investment in a 15th Century Venetian Palace

500 

About This Deal

After successfully funding over 35 projects across Europe, ClubFunding is thrilled to announce its first investment opportunity in Italy. This venture involves a property trading operation located in the iconic city of Venice and is presented by an experienced real estate operator.

 

Situated in the heart of Venice, just a 10-minute walk from St. Mark's Basilica and the Rialto Bridge, the project involves the refinancing of a 15th-century Venetian palace spanning an area of 2,495 square meters. Following extensive renovation work and the establishment of a commercial lease for the property's operation as a "Private Member’s Club," catering exclusively to the brand's subscribers, the asset will be either refinanced through a bank loan or sold as a whole.

 

The bond issuance will come with a personal and joint guarantee from the executive, a second-ranking mortgage registered on the asset, a pledge of the advance from the current account of the issuing company to the project company, and a pledge of the shares of the project company.

 

The higher the interest rate, the greater the risk of capital loss or interest default. Past performance does not guarantee future results. This investment opportunity presents a unique chance to be part of a transformative project in one of the world's most enchanting cities, blending history, luxury, and exclusivity in the vibrant tapestry of Venice's cultural heritage.

Based on the page the link directs to, it seems that investments are no longer being accepted, and the deal is closed
I love Venice, last year our cruise started from there
Are you planning to invest any funds in this project, and if so, how much?