Practical case Lanzarote: Villa in Costa Teguise – High-quality living with long-term asset planning
The buyer was the managing partner of a family-run production company; his wife worked as an architect. Both had an above-average income and broadly diversified assets from property and securities.
In short
What was this case about?
The buyer was the managing partner of a family-run production company; his wife worked as an architect. Both had an above-average income and broadly diversified assets from property and securities.
Why was financing used despite high assets?
The buyers did not want to reallocate their existing assets unnecessarily and wanted to preserve sufficient liquidity for future decisions.
Why were all modernisations planned before the purchase?
So that all work could be completed immediately after the transfer of ownership, without needing additional financing solutions later.
Who arranged this?
Perini Finance & Property — German-speaking, operating under the §34i GewO licence held by Olga Nikushkina, Portugal through a locally licensed intermediary; 15 to 20 banks approached per case. First call free; on completion 1 % of the loan amount.
Villa €1,540,000, loan €1,078,000, equity €827,200
- Purchase price: 1.540.000 €
- Financing required: 1.078.000 €
- Equity: 827.200 €
Anonymised case figure · not a binding statement for other projects · §34i GewO
Not every decision for a property is a spontaneous affair of the heart
A couple from the Stuttgart region had visited various places on the Canary Islands over several years. While they initially preferred Tenerife, Lanzarote ultimately won them over with its distinctive landscape, calmer feel of life and high living quality.
Costa Teguise quickly became the favourite. The well-kept residential areas, the proximity to the sea and the good infrastructure made the place ideal for the planned permanent residence.
Entrepreneur and architect deliberately not paying all cash
The buyer was the managing partner of a family-run production company; his wife worked as an architect. Both had an above-average income and broadly diversified assets from property and securities.
Despite sufficient liquidity, they deliberately did not want to finance the property purchase entirely from own funds.
€1,905,200 total, €165,000 for solar and smart home
- Purchase price: 1.540.000 €
- Additional costs: 200.200 €
- Renovation (photovoltaics, smart home, outdoor area and pool technology): 165.000 €
- Total investment: 1.905.200 €
- Equity: 827.200 €
- Financing required: 1.078.000 €
The financing share corresponded to around 70 % of the purchase price.
Renewing building control, solar system and pool tech
The villa was equipped to a high standard but was to be brought up to date technically. Planned were intelligent building control, a powerful photovoltaic system with battery storage, the modernisation of the pool technology and a complete redesign of the outdoor lighting.
The buyers wanted to complete all work directly after the transfer of ownership so they could then use the house permanently without further building sites.
Wealth reviewed: financing beat paying in cash
Before the purchase, all investments were calculated together with specialist companies and included in the total investment.
In addition, a comprehensive review of the asset structure took place. It quickly became clear that a balanced use of equity was economically more sensible than full payment from liquid funds.
This kept enough reserves for further private and entrepreneurial decisions.
A loan of €1,078,000, the investments stay in place
The financing was set at around 70 % of the purchase price.
The additional costs and a considerable share of equity were covered from own funds.
All modernisation measures were also included in the original overall plan — covered from equity, not by the bank loan. This meant all work could be carried out immediately after handover.
Running costs down, wealth structure almost unchanged
Just a few months later, the villa fully matched the buyers' ideas.
Thanks to the energy modernisation, running costs were reduced while living comfort was significantly increased.
The existing asset structure remained almost unchanged and continued to offer sufficient financial flexibility.
Plenty of equity doesn't mean paying for it all yourself
A high equity ratio does not necessarily mean that a property should be paid for entirely from own funds. A balanced combination of equity and financing is often the economically more sensible solution.
Frequently asked
Why was financing used despite high assets?
Why were all modernisations planned before the purchase?
Is Costa Teguise suitable for permanent living?
Villa in Costa Teguise: renovation while keeping flexibility
Buying a villa in Costa Teguise shows that well-considered property financing goes far beyond the purchase price itself. Anyone who sensibly combines modernisation, equity and long-term asset planning creates the basis for a permanent home on Lanzarote while preserving their financial flexibility.
More cases on this theme
Practical case Mallorca: Charming finca near Santanyí
Modernisation planned in from the start
Practical case Mallorca: Family house in Alcúdia
When the sale of the previous property is part of the financing
Practical case Mallorca: Finca with guesthouse in Deià
Two generations realise their dream together
A similar situation in Spain? Let's talk.
Every financing in Spanien 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 · Brokerage under the §34i GewO licence held by Olga Nikushkina (D-W-132-ZUCB-95); Siegfried Perini registered as directly involved person (§11a GewO) · no tax or legal advice · no financing commitment; conditions depend on creditworthiness, loan-to-value and bank
Related pages
Overview of case reports from the Canary Islands
Market analysis, loan-to-value and conditions for the region.