Practical case Costa Blanca: Penthouse in Altea – The proceeds from a company sale as a solid basis
The company sale had fundamentally changed their financial situation. The couple had sufficient liquid funds and broadly diversified assets.
In short
What was this case about?
The company sale had fundamentally changed their financial situation. The couple had sufficient liquid funds and broadly diversified assets.
Is a company sale a good basis for a property purchase?
It can significantly strengthen the equity share. What is decisive, however, is to structure the assets sensibly over the long term and not to invest exclusively in a property.
Why were individual equipment wishes taken into account before the purchase?
This allowed all measures to be implemented immediately after handover, without additional financing solutions being required 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.
Purchase figures: €1,235,000 price, €657,050 own funds
- Purchase price: 1.235.000 €
- Financing required: 864.500 €
- Equity: 657.050 €
Anonymised case figure · not a binding statement for other projects · §34i GewO
A new chapter began after a successful working life
After more than 30 years as the owner of a mid-sized metal-construction company, an entrepreneur from Baden-Württemberg decided to sell his business. Together with his wife, he wanted to use his newly gained freedom and spend a large part of the year on the Costa Blanca in future.
They were not looking for a villa requiring a lot of maintenance but for a high-quality penthouse with a generous terrace, a sea view and walking distance to the old town of Altea.
After the company sale, part of the proceeds stays invested
The company sale had fundamentally changed their financial situation. The couple had sufficient liquid funds and broadly diversified assets.
Even so, it quickly became clear that the full purchase price was not to be paid from own funds. Part of the sale proceeds was to remain invested over the long term and also preserved for the next generation.
€1,521,550 all told, €126,000 for kitchen, terrace, tech
- Purchase price: 1.235.000 €
- Additional costs: 160.550 €
- Renovation (designer kitchen, terrace design, smart home and air conditioning): 126.000 €
- Total investment: 1.521.550 €
- Equity: 657.050 €
- Financing required: 864.500 €
The financing share corresponded to around 70 % of the purchase price.
Adapting the style, leaving the asset structure as it is
The penthouse was equipped to a high standard but did not fully match the buyers' personal living style.
The kitchen, the entire lighting, the terrace and the building automation in particular were to be individually adapted.
In addition, the asset structure was to remain as unchanged as possible after the purchase.
Costs of the works recorded, own-funds share weighed up
Before the purchase contract was concluded, all planned investments were recorded in detail and backed with realistic costs.
It was then examined what use of equity was sensible without unnecessarily changing the long-term asset planning.
The buyers deliberately chose to keep part of the sale proceeds broadly invested.
70 % financed, fees paid straight from own funds
The financing was set at around 70 % of the purchase price.
The additional costs and a considerable share of equity were paid immediately from own funds.
All planned modernisation was included in the overall plan from the outset — covered from equity, not by the bank loan. This meant the penthouse could be individually designed directly after the transfer of ownership.
Moved in within months, wealth stays invested
Just a few months later, the couple moved into the modernised penthouse in Altea.
Thanks to the balanced financing, a considerable part of their assets remained invested. At the same time, a high-quality residence was created that ideally complements the next chapter of life on the Costa Blanca.
Sale proceeds need not all go into the property
A company sale opens up new possibilities but does not have to mean that the entire proceeds flow into a property. It is often sensible to use equity in a targeted way while keeping enough assets for future opportunities and family goals.
Frequently asked
Is a company sale a good basis for a property purchase?
Why were individual equipment wishes taken into account before the purchase?
Why was full self-financing not chosen?
Altea: targeted equity use fits a high-net-worth penthouse purchase
Buying a penthouse in Altea shows that property financing can be a sensible part of the overall strategy even with a high asset base. Anyone who uses equity in a targeted way, considers modernisation early and plans for the long term creates the basis for relaxed living on the Costa Blanca.
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