Private credit for household staff: become a homeowner in Italy or renovate without limits

Are you a head housekeeper, butler, or estate manager for a private residence? Your strong compensation opens the door to MultiCredit’s premium private loan, letting you acquire a standout villa in Italy—from the Northern Lakes to the Costa Smeralda, from Tuscany to the Amalfi Coast or transform your current home into a true showpiece, with exclusive terms and rapid execution.

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1) Why choose a premium private loan?

Advantage	What it means for you
Higher limits	Borrow CHF 50,000 to CHF 400,000 based on your capacity.
Bespoke rates	Our institutional desk optimizes the CHF↔EUR margin for you.
No collateral pledge	No lien on your portfolio—your equities & bonds stay invested.
Lightning-fast disbursement	Funds in 24 hours after e-signature.

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2) Buying an exceptional property in Italy

a) Prime areas to target

• Northern Lakes: Como, Garda, Maggiore (water, mountains, access from Zurich/Geneva).
• Tuscany: Chianti, Val d’Orcia, hills around Florence and Siena (farmhouses, estates).
• Ligurian Riviera: Portofino, Santa Margherita, Cinque Terre (iconic sea views).
• Rome & Lazio: Parioli, Olgiata, Castelli Romani (villas with grounds).
• Amalfi Coast: Positano, Sorrento, Capri (prestige & scarcity).
• Puglia: Ostuni, Valle d’Itria (refined trulli and masserie).
• Sardinia: Costa Smeralda (Porto Cervo), Villasimius (turquoise beaches).
• Sicily: Taormina, Noto, Ortigia (baroque heritage, sea/Etna panoramas).

b) Budget for acquisition costs (ballpark)

Item	Indicative range
Registration tax / VAT	About 2% (primary home) up to 9% (second home), depending on new/resale and cadastral base.
Mortgage & cadastral taxes	Flat or proportional, depending on the transaction.
Notary & formalities	About 1–2%.
Real estate agency fee	Often 2–4% of the price.
Indicative total	Around 7–12% depending on file and municipality.

Schedules vary by new/resale, primary/second home, and municipality. We build in a safety margin and, if needed, coordinate with a local notary/tax advisor.

c) Built-in FX coverage

• Borrow in CHF for natural protection against EUR/CHF volatility.
• Swap option or conversion to EUR later if you want the loan in the property’s currency.

d) Swiss-side optimization

• Interest may be deductible (cantonal rules apply).
• No local mortgage required: you keep full control over the structure.

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3) Premium renovations & upscale extensions

Real luxury is personalization without compromise—with a financed, planned budget released fast.

• Energy efficiency: external insulation (“cappotto”), heat pump, solar, triple glazing.
• Wellness & leisure: salted infinity pool, spa/hammam, home cinema, TrackMan® golf simulator.
• Signature architecture: travertine, Venetian terrazzo, Lecce stone, loggias & patios.
• Smart home: KNX/HomeKit for lighting, security, and energy management.
• Passion spaces: climate-controlled garage (collection), art studio, wine cellar with humidity control, orangery.

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4) MultiCredit exclusive advantages

Advantage	Concrete benefit
360° wealth review	Includes salary, bonuses, seniority awards, income (trusts/SICAV), stock options.
Priority Banking	Private (or video) appointment with a dedicated senior advisor.
Premium death-benefit insurance	Coverage up to CHF 1,000,000 with reduced premium for high earners.
Free early repayment	Settle any time (bonus, award, portfolio decisions).

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5) Eligibility requirements

• Net monthly income > CHF 10,000.
• Permanent or long-term employment within a family/residence.
• ZEK (Swiss credit register) without major incidents.
• Post-loan debt ratio ≤ 33% to preserve savings capacity.

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6) A simple 3-step process

Step	Timing	What you do	What we do
1. VIP simulation	30 s	Enter income & desired amount.	We calculate an indicative rate.
2. Secure upload	< 15 min	Upload payslips, bonuses, portfolio statement.	Express analysis in line with AML rules.
3. E-signature	5 min	Sign from your phone.	Wire the funds next business day.

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7) Tips to maximize your strengths

• Monetize variable pay: bonuses, overtime, housing perks.
• Show stability: obtain a reference letter from the employer (resident family).
• Strategic down payment: 20% upfront can trim the margin by ~0.5 pt.
• Keep your investments: a private loan avoids selling winning positions.
• Plan for Italian taxes: second-home status, local levies (IMU, TARI), or newcomer incentives—confirm with your tax advisor.

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Ready to take the leap?

Whether it’s a contemporary villa in Porto Cervo, a Tuscan farmhouse with weathered shutters, or a palazzo with a terrace on the Amalfi Coast, MultiCredit turns your purchasing power into property freedom—without compromising your investments.

Request your VIP simulation now.

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An article by Munur Aslan, Managing Director, MultiCredit.

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