How German-speaking buyers financed their property in Spain and Portugal — real, anonymised processes by region and intent.
Purchase prices in the documented cases range from 438,000 to 5,980,000 euros. Every report states its figures openly: purchase price, transaction costs, equity and the amount financed. The cases are sorted by region across Spain and Portugal and by the underlying situation. The reports are anonymised, the amounts are not. They come from completed mortgage placements for German-speaking non-residents. What decides the outcome is not the region. It is the combination of three factors: the borrower's financial standing, the bank's valuation of the property, and the loan-to-value derived from it. Anyone wondering whether their own case works will find a comparable starting point here. Each regional page shows the range of purchase prices documented there. The timing constraint rarely sits with the bank. It sits with the NIE number, the Spanish account and the notary appointment.
How stage payments were financed during the build, how a paid-off property and the German home became equity, and how the age limit with two borrowers is calculated on the younger one — with purchase price, closing costs and equity per case.
Perini Finance & Property, Siegfried Perini — German-speaking, since 2019, operating under the § 34i GewO licence held by Olga Nikushkina, Portugal through a locally licensed intermediary. 15 to 20 banks approached per case.
Every report is an individual case. Whether yours holds is decided by creditworthiness, the bank's valuation of the property and the loan-to-value derived from it — not by the region and not by a similar purchase price.
Anonymised examples of how German-speaking buyers financed their property in Spain and Portugal — sorted by region and by intent. Creditworthiness, the property and the bank's loan-to-value are always decisive.
Filter by country and region, or search the full text (e.g. “finca”, “new build”, “self-employed”, “equity release”). Every case is an anonymised, completed purchase.
Anonymised case report: Apartment in Faro – Two countries, two incomes, one mortgage. Mortgage financing for non-residents.
Anonymised case report: Apartment in Olhão – Location-independent income, location-bound bank. Mortgage financing for non-residents.
Anonymised case report: Low-barrier flat in Portimão: €436,100 loan on a €694,000 purchase. Mortgage financing for non-residents.
Anonymised case report: Single-storey in Carvoeiro: €758,000 purchase plus €47,000 renovation. Mortgage financing for non-residents.
Anonymised case report: Equity from the practice handover: €574,600 loan for Albufeira.
Anonymised case report: Detached house in Silves – German income, Portuguese property. Mortgage financing for non-residents.
Anonymised case report: Terraced house in Alvor – Portfolio lending instead of selling securities. Mortgage financing for non-residents.
Anonymised case report: Townhouse in Loulé – Moving in three years, buying today. Mortgage financing for non-residents.
Anonymised case report: Townhouse in Tavira – Winding down work without losing the bank. Mortgage financing for non-residents.
Anonymised case report: Villa in Lagos – Self-employed income the bank had to weigh first. Mortgage financing for non-residents.
Anonymised case report: Portfolio left untouched: €1.64m for a villa in Vilamoura.
A retired civil engineer finances the apartment with an Atlantic view. Anonymised Madeira case — non-resident financing. §34i.
A genuine finca outside enclosed residential areas in western Madeira. Anonymised Madeira case — non-resident financing. §34i.
A couple of tax advisers move to Caniço in retirement. Anonymised Madeira case — non-resident financing. §34i.
A self-employed consultant buys a townhouse near Funchal. Anonymised Madeira case — non-resident financing. §34i.
A couple of medical specialists phase out work on Madeira's sunny side. Anonymised Madeira case — non-resident financing. §34i.
A remote-working couple move permanently between canals and the Atlantic. Anonymised Portugal case — non-resident financing. §34i.
A consultant couple move to the Cascais coast after working life. Anonymised Portugal case — non-resident financing. §34i.
After years of mobile work, a permanent move to Porto. Anonymised Portugal case — non-resident financing. §34i.
A developer couple work fully remote and move to Braga. Anonymised Portugal case — non-resident financing. §34i.
A couple of chemists move to the Alentejo after their careers. Anonymised Portugal case — non-resident financing. §34i.
A teacher couple retire to the university city of Coimbra. Anonymised Portugal case — non-resident financing. §34i.
An architect couple from Zurich finance the townhouse in Lisbon. Anonymised Portugal case — non-resident financing. §34i.
An entrepreneur and an interior designer finance the villa in the green. Anonymised Portugal case — non-resident financing. §34i.
Anonymised case from Practical case Fuerteventura: bungalow in Caleta de. Mortgage financing for non-residents.
Anonymised case from Practical case Fuerteventura: detached house in. Mortgage financing for non-residents.
Anonymised case from Practical case Lanzarote: house in Puerto del Carmen. Mortgage financing for non-residents.
Anonymised case from Practical case La Palma: house in Puerto Naos. Mortgage financing for non-residents.
Anonymised case from Practical case Lanzarote: villa in Costa Teguise. Mortgage financing for non-residents.
Anonymised case from Alicante: financing a city apartment with historic flair. Mortgage financing for non-residents.
Anonymised case from Practical case Costa Blanca: detached house in Dénia. Mortgage financing for non-residents.
Anonymised case report: Remote income weighed by the bank: €480,300 for a house in El Campello. Mortgage financing for non-residents.
Anonymised case from Practical case Costa Blanca: house in Benissa. Mortgage financing for non-residents.
Anonymised case report: Modern apartment in Benidorm – The final working years already in Spain. Mortgage financing for non-residents.
Anonymised case from Practical case Costa Blanca: new-build villa in. Mortgage financing for non-residents.
Anonymised case from Practical case Costa Blanca: penthouse in Altea. Mortgage financing for non-residents.
Anonymised case report: New-build with a timeline: €462,800 loan on the Orihuela Costa. Mortgage financing for non-residents.
Anonymised case report: Pension notice as proof: €262,800 for a terraced house in Torrevieja.
Anonymised case report: Townhouse in Villajoyosa – Income in Swiss francs, purchase in euros. Mortgage financing for non-residents.
Anonymised case from Practical case Costa Blanca: villa in Albir. Mortgage financing for non-residents.
Anonymised case from Practical case Costa Blanca: villa in Calpe. Mortgage financing for non-residents.
Anonymised case report: Business stays in Germany: €568,500 loan for Guardamar del Segura. Mortgage financing for non-residents.
Anonymised case from Practical case Costa Blanca: villa in Jávea. Mortgage financing for non-residents.
A dentist couple from Zurich plan a gradual retirement in Cadaqués. Anonymised Costa Brava case — non-resident financing in Spain. §34i.
Anonymised case report: Pension from Switzerland: €318,500 for an apartment in L'Escala. Mortgage financing for non-residents.
Moving in their early sixties, renovation planned in from the start. Anonymised Costa Brava case — non-resident financing in Spain. §34i.
An architect couple from Hamburg relocate their centre of life to Begur. Anonymised Costa Brava case — non-resident financing. §34i.
A couple from Stuttgart, both working remotely in IT, move permanently to Lloret de Mar. Anonymised case report Costa Brava.
Gradual retirement by the marina after handing over the company. Anonymised Costa Brava case — non-resident financing in Spain. §34i.
An engineer and a doctor move to Spain with their two children. Anonymised Costa Brava case — non-resident financing. §34i.
A self-employed software developer moves permanently to the water. Anonymised Costa Brava case — non-resident financing. §34i.
Anonymised case: mortgage financing for a townhouse in Sant Feliu de Guíxols on the Costa Brava — terms, equity and how the case was structured.
After selling the family business, a full move to Spain. Anonymised Costa Brava case — non-resident financing in Spain. §34i.
Anonymised case report: Apartment in Gandia – Portfolio lending instead of selling securities. Mortgage financing for non-residents.
Anonymised case report: Apartment in Oropesa del Mar – Retirement financed years in advance. Mortgage financing for non-residents.
Anonymised case report: Apartment in Peñíscola – Moving in two years, buying now. Mortgage financing for non-residents.
Anonymised case report: An apartment in Pla del Real: a €381,600 loan for a later move. Mortgage financing for non-residents.
Anonymised case report: Beachside apartment in Playa de Gandia – Sale proceeds as the equity. Mortgage financing for non-residents.
Anonymised case report: Bungalow in Alcossebre – A home without stairs, planned from the outset. Mortgage financing for non-residents.
Anonymised case report: Detached house in Gandia – Bought four years before the move. Mortgage financing for non-residents.
Anonymised case report: Detached house in Vinaròs – When the term has to end at 75. Mortgage financing for non-residents.
Anonymised case report: Penthouse in Cullera – Self-employed income and a pension in one calculation. Mortgage financing for non-residents.
Anonymised case report: Townhouse in Castellón de la Plana – Income still coming from Germany. Mortgage financing for non-residents.
Anonymised case report: Villa in Benicàssim – Two incomes in a gradual transition. Mortgage financing for non-residents.
Anonymised case report: Villa in Oliva – Practice handed over, clients online, residence in Spain. Mortgage financing for non-residents.
Anonymised case from Mijas: financing an Andalusian country house for life. Mortgage financing for non-residents.
Anonymised case report: Apartment at Puerto Banús marina – The practice stays, the residence moves. Mortgage financing for non-residents.
Anonymised case report: Apartment in Fuengirola – Bought today, moved into in four years. Mortgage financing for non-residents.
Anonymised case report: City apartment in Málaga – A pension as the load-bearing income. Mortgage financing for non-residents.
Anonymised case report: Detached house in Casares – Working remotely, living in Spain. Mortgage financing for non-residents.
Anonymised case report: Detached house in Torrox – Low-maintenance, single-storey, financeable. Mortgage financing for non-residents.
Anonymised case report: Golf villa in Nueva Andalucía – Income in francs, financing in euros. Mortgage financing for non-residents.
Anonymised case report: Modern apartment in La Cala de Mijas – Both remote: how the bank rates it. Mortgage financing for non-residents.
Anonymised case from Estepona: financing a modern detached house between the. Mortgage financing for non-residents.
Anonymised case report: Penthouse in Benalmádena – Five years to the move: new-build and timing. Mortgage financing for non-residents.
Anonymised case report: Two retired teachers: €346,200 for a terraced house in Manilva. Mortgage financing for non-residents.
Anonymised case report: Villa in Benahavís – Family business sold, portfolio kept. Mortgage financing for non-residents.
Anonymised case report: Villa in Marbella – Plenty of equity, barely any running income. Mortgage financing for non-residents.
Anonymised case report: Villa in Nerja – Not a luxury statement, but substance. Mortgage financing for non-residents.
Anonymised case report: Villa in Sotogrande – After the company sale: the source-of-funds question. Mortgage financing for non-residents.
Anonymised case from Practical case Gran Canaria: apartment in Maspalomas. Mortgage financing for non-residents.
Anonymised case from Practical case Gran Canaria: apartment in Playa del. Mortgage financing for non-residents.
Anonymised case from Practical case Gran Canaria: house in Las Palmas de Gran. Mortgage financing for non-residents.
Anonymised case from Practical case Gran Canaria: villa in Meloneras. Mortgage financing for non-residents.
Anonymised case from Practical case Gran Canaria: villa in San Agustín. Mortgage financing for non-residents.
Anonymised case from Practical case Mallorca: apartment in Cala Ratjada. Mortgage financing for non-residents.
Anonymised case from Practical case Mallorca: apartment in Porto Cristo. Mortgage financing for non-residents.
Anonymised case from Practical case Mallorca: beachside apartment in Cala. Mortgage financing for non-residents.
Anonymised case from Practical case Mallorca: charming finca near Santanyí. Mortgage financing for non-residents.
Anonymised case from Practical case Mallorca: detached house in Llucmajor. Mortgage financing for non-residents.
Anonymised case from Practical case Mallorca: exclusive finca near Es Trenc. Mortgage financing for non-residents.
Anonymised case from Practical case Mallorca: exclusive villa in Port. Mortgage financing for non-residents.
Anonymised case from Practical case Mallorca: family house in Alcúdia. Mortgage financing for non-residents.
Anonymised case from Practical case Mallorca: finca with guesthouse in. Mortgage financing for non-residents.
Anonymised case from Practical case Mallorca: historic townhouse in Sóller. Mortgage financing for non-residents.
Anonymised case from Practical case Mallorca: modern apartment in Port. Mortgage financing for non-residents.
Anonymised case from Practical case Mallorca: new-build apartment in Sóller. Mortgage financing for non-residents.
Anonymised case from Practical case Mallorca: new-build villa in Santa Ponsa. Mortgage financing for non-residents.
Anonymised case from Practical case Mallorca: penthouse in Portocolom. Mortgage financing for non-residents.
Anonymised case report from Mallorca: a penthouse in Palma with a sea view, financed with 30 % equity. A mortgage for non-residents in Spain.
Anonymised case from Practical case Mallorca: villa in Campos. Mortgage financing for non-residents.
Anonymised case from Practical case Mallorca: villa in Pollensa. Mortgage financing for non-residents.
Case report: a Spanish new-build paid in full, completion delayed for years. How up to 70% of the tasación was still raised as financing afterwards.
Case report: bank gave verbal approval and sent a valuer, then withdrew, citing the pending completion inspection. What we did instead.
Anonymised case from Practical case Tenerife: apartment in Playa de las. Mortgage financing for non-residents.
Anonymised case from Practical case Tenerife: apartment in Santa Cruz de. Mortgage financing for non-residents.
Anonymised case from Practical case Tenerife: detached house in El Médano. Mortgage financing for non-residents.
Anonymised case from Practical case Tenerife: exclusive villa in Costa Adeje. Mortgage financing for non-residents.
Anonymised case from Practical case Tenerife: modern apartment in Los. Mortgage financing for non-residents.
Anonymised case from Practical case Tenerife: villa in Puerto de la. Mortgage financing for non-residents.
82 case reports — as a rule the Spanish bank does not co-finance the renovation; it belongs in the overall plan from equity or capital raised against German property.
The cases on this page document completed purchases. Their figures are the ones that applied then, and they are not restated to today’s tax rates — that would destroy what makes them evidence. If you want to know what a purchase costs today, and what releasing capital on your own property supports, that is in the model calculations.
Eight Spanish regions and two Portuguese ones, with current tax rates and the own funds actually required.
Equity ratio, purchase-price range and closing costs across the whole record, computed from the reports themselves.
How the structure works, which lenders write it, and where it fails.
Every financing in Spain and Portugal is an individual case. In a free initial consultation I will tell you honestly what is feasible and which bank fits.
Book a free consultationAnonymised individual case, not a binding statement for other projects · Siegfried Perini, operating under the §34i GewO licence held by Olga Nikushkina · no tax or legal advice · no financing commitment; conditions depend on creditworthiness, loan-to-value and bank