Financing a detached house in Begur – Mediterranean living between the old town and the coast
A couple of architects from Hamburg planned to move their centre of life entirely to Spain over the coming years. The couple is relocating and looking for a detached house in Begur with a garden, enough room for regular family visits and a separate study.
In short
What was this case about?
A couple of architects from Hamburg planned to move their centre of life entirely to Spain over the coming years. The couple is relocating and looking for a detached house in Begur with a garden, enough room for regular family visits and a separate study.
Is partial financing usual for high-quality houses in Begur?
Depending on their personal situation, many buyers deliberately choose a combination of equity and financing in order to preserve financial flexibility.
Why should modernisation be planned directly?
Anyone who carries out all planned measures immediately after the purchase can occupy the house without further building sites and avoids later additional financing needs.
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.
€980,000 price and €533,600 equity at a glance
- Purchase price: 980.000 €
- Renovation: 102.400 €
- Financing required: 666.400 €
- Equity: 533.600 €
Anonymised case figure · not a binding statement for other projects · §34i GewO
A home with character rather than a new build
Begur is one of the more exclusive residential locations on the Costa Brava. The historic old town, small coves and the hilly landscape give the town a special character. Many buyers deliberately choose an existing detached house with charm, which is adapted to their own living needs through targeted modernisation.
Architect couple wanted a house with garden and study
A couple of architects from Hamburg planned to move their centre of life entirely to Spain over the coming years. The couple is relocating and looking for a detached house in Begur with a garden, enough room for regular family visits and a separate study. The suitable property was convincing in terms of location and building fabric but was to be modernised technically and given a contemporary interior.
The items behind the €1,200,000 total investment
- Purchase price: 980.000 €
- Additional costs: 117.600 €
- Renovation: 102.400 €
- Total investment: 1.200.000 €
- Equity: 533.600 €
- Financing required: 666.400 €
Part of the sale proceeds is kept back as a reserve
The buyers had considerable own funds from the sale of their previous property. Even so, they did not want to use all of the sale proceeds but to hold back part as a reserve for the planned move, later retirement provision and possible changes in their life situation. At the same time, all modernisation was to be completed before moving in.
68 % financing keeps equity and loan in balance
For high-quality detached houses in Begur in particular, holistic financing planning is sensible. Alongside the purchase price and acquisition costs, necessary investments in living comfort and energy efficiency should be taken into account early.
With financing of around 68 % of the purchase price, a balanced structure emerged between equity and outside financing. This kept sufficient financial room available.
New kitchen, bathrooms, cooling and building technology
The overall plan covered all planned modernisation measures — from equity, not by the bank loan:
- complete renewal of the kitchen
- modernisation of all bathrooms
- installation of central air conditioning
- high-quality network and multimedia cabling
- new shading systems
- custom-made fitted wardrobes
- intelligent building automation for lighting and climate control
All measures were implemented before moving in and were part of the overall plan — covered from equity, not by the bank loan.
Ready to live in at handover, reserve kept for later
Once the work was completed, the detached house could be occupied without a further building phase. The buyers had a home tailored to their needs and at the same time kept a significant part of their assets as a financial reserve. The financing was designed from the start for a permanent centre of life in Spain.
Planning every upgrade early gives clear total costs
Anyone acquiring an existing house in Begur should not consider the purchase price alone. Early planning of all modernisation creates cost transparency and avoids later individual measures. At the same time, balanced financing can help to avoid tying up all assets in the property.
Frequently asked
Is partial financing usual for high-quality houses in Begur?
Why should modernisation be planned directly?
Which modernisations are frequently carried out on existing detached houses?
Is Begur also suitable as a permanent residence?
Detached house in Begur: a move planned with financial flexibility
Acquiring a detached house in Begur shows how important comprehensive financing planning is. If the purchase price, additional costs and all modernisation are calculated together from the start, a robust basis emerges for a permanent centre of life on the Costa Brava – with sufficient financial flexibility for the future.
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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