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The 360 Series

Financing your dream second home

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To make your dreams of owning a second home a reality, the conditions are very different compared to owning a primary residence, mainly when providing equity. Generally, banks offer financing of up to 60% of the property's appraised value (at Piguet Galland, up to 65% depending on certain conditions), unlike the 80% usually granted for a primary residence. In addition, it's not possible to use the 2nd or 3rd pillar.

Required equity

On top of your financial contributions, there may also be additional costs, better known as overall acquisition costs. It's important to anticipate the costs:

Notary fees: for all properties purchased in Switzerland, notary services are compulsory and subject to a fee. Notary fees vary from canton to canton. You can use an online simulator to understand how much you'll need to spend on notary fees. For Geneva, you can use the notaires-geneve.ch website. For the cantons of Vaud, Jura and Fribourg, click here.

Piguet Galland is delighted to provide you with a tailor-made service, including a valuation of your property and direct contact with a notary.

Ready to take the plunge?

Our experts can help you with all your financing needs.

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For peace of mind and to avoid unpleasant surprises, it's a good idea to have about 5% of the purchase price for these additional acquisition costs.

A simple calculation will tell you whether you can afford a holiday home: the combined expenditure on your primary residence and holiday home must not exceed one-third of your gross income.

You've just completed the second episode about second homes. You're making good progress, but you still have a few more stages. They also just happen to be the most exciting stages. Once you understand the tax system, you can start the most exciting stages: finding the right places to buy.

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The 360 series second home

Piguet Galland has developed the 360 series to give you all the necessary information to make your plans a reality. This comprehensive series discusses all the major topics you may have questions about. Each series consists of 5 episodes, providing you with the keys you need to ensure your projects are a success.

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    Episode #1

    A second home within reach

    Make your holiday home dreams come true

     

  • Property 1=Investment growth

    Episode #2

    Financing your dream second home

    Explore financing and define your budget

     

     

  • succession-heritage

    Episode #3

    Second homes and taxes

    Discover the impact of a second home on your taxes

     

  • Episode #4

    Exceptional locations

    Where to buy your second home

     

  • Property 1=Search web

    Episode #5

    Rental management and maintenance

    The keys to a well-maintained property

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Financing solutions

Our financing solutions allow you to maximize the growth of your wealth and realize your projects with peace of mind.

What our clients say about us.

  • Piguet Galland offered us a number of different scenarios to help us through this major change in life, retirement.
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    Noémie Prod'hom

  • Happiness is knowing that I have someone who will bring their expertise to advise me and ensure my life is carefree.
    Marie-Laure Favre vignette

    Marie-Laure Favre

  • At Piguet Galland, the human factor takes center stage. We genuinely listen to understand and provide solutions, not merely to sell."
    M’Bayang Thiam

    M’Bayang Thiam

  • I wanted to purchase and renovate a house through an auction, which required immediate payment. Fortunately, your company performed exceptionally well."
    David Vuadens

    David Vuadens

  • Piguet Galland is the financial partner that's close to my heart. I have complete trust in them. In this bank, you get to know them on a personal level, and that's of utmost importance."
    Ann Evard

    Ann Evard

  • The aspect of the Bank that resonated with me in the past and to this day is trust, which is conveyed through a sense of closeness and, most importantly, a dedicated point of contact."
    Anthony Picard

    Anthony Picard

  • What I value most about Piguet Galland is the service and the trust-based relationship I have built with the various advisors I have worked with over the past thirteen years, all of whom have consistently been excellent."
    Dominique Lauener

    Dominique Lauener

  • Throughout the years of building a trusting relationship with Piguet Galland, I have realized that a bank can be a lifelong partner for significant milestones."
    Franck Neveu

    Franck Neveu

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Property 1=Contract-Sign

Apply for financing for a second home

Ready to take the plunge? Our experts can help you with all your financing needs.