Buy property on the Costa de Valencia: real cases from practice with a Spanish mortgage for non-residents
Anonymised examples of how buyers arranged a mortgage and financed their property on the Costa de Valencia. Twelve case reports show how apartments, townhouses and villas were financed there.
Is it worth buying away from the well-known addresses near Valencia?
Many buyers deliberately chose locations away from the familiar names, such as Castellón de la Plana, Cullera, Oliva and Benicàssim, and often a high-quality existing apartment. That lowers the purchase price but not the transaction costs. Acquisition costs add up to roughly 12 percent and come from your own funds, while lending for non-residents runs up to 70 percent.
Does existing stock on the Costa de Valencia offer better locations than new build?
High-quality existing stock in Valencia, Castellón or Cullera often offers better locations than new build — the refurbishment belongs in the total budget from the start, not after it: the Spanish bank does not co-finance it, it is covered from equity or a loan against German property. Financing a new build in stages.
From our practice
Property financing on the Costa de Valencia: The following case reports show, in anonymised form, how different situations on the Costa de Valencia were financed for non-residents. Creditworthiness, the property and the bank's loan-to-value are always decisive.
Valencia: Financing an apartment in the Pla del Real district for a permanent centre of life (Costa de Valencia)
Valencia is one of the cities where high-quality existing apartments often offer more living quality and better locations than many new builds.
Castellón de la Plana: Financing a townhouse for a permanent centre of life (Costa de Valencia)
Cities like Castellón de la Plana often offer attractive residential locations at a price level that is barely found in other coastal regions any more.
Peñíscola: Financing an apartment with a sea view for a permanent centre of life (Costa de Valencia)
Apartments in good existing complexes also often benefit from targeted modernisation before moving in.
Vinaròs: Financing a detached house near the coast for a permanent centre of life (Costa de Valencia)
Attractive homes with a balanced price-performance ratio are also found outside the well-known coastal metropolises.
Gandia: Financing an apartment in the city centre for a permanent centre of life (Costa de Valencia)
Not every future centre of life in Spain has to be right on the beach.
Playa de Gandia: Financing a beachside apartment for a permanent centre of life (Costa de Valencia)
An apartment near the beach has different requirements from a property inland.
Gandia: Financing a detached house in a quiet residential setting for a permanent centre of life (Costa de Valencia)
Not every buyer wants to live right on the coast.
Cullera: Financing a penthouse with a view of the Mediterranean for a permanent centre of life (Costa de Valencia)
Cullera offers an interesting alternative to the well-known metropolises on the Spanish Mediterranean coast.
Oliva: Financing a villa in a quiet residential setting for a permanent centre of life (Costa de Valencia)
Oliva shows that quiet residential locations, good infrastructure and proximity to the sea can be combined excellently.
Alcossebre: Financing a bungalow near the coast for a permanent centre of life (Costa de Valencia)
Anyone planning retirement in Spain should think about future living needs already at the property purchase.
Oropesa del Mar: Financing an apartment with a generous terrace for a permanent centre of life (Costa de Valencia)
An apartment near the coast often offers a high quality of life but should be tuned to the requirements of year-round living.
Benicàssim: Financing a villa near the beach for a permanent centre of life (Costa de Valencia)
Benicàssim offers not only attractive beach locations but also quiet residential areas with a high quality of life.
Frequently asked questions
How much can non-residents borrow?
In Spain, banks finance non-residents up to a fixed share of the bank or purchase value depending on country and profile; the remainder plus acquisition costs is equity.
How high are the acquisition costs on the Costa de Valencia, and who pays them?
Acquisition costs add up to roughly 12 percent and come from your own funds. Buying away from the familiar names lowers the purchase price but not the transaction costs.
Which property types were financed in the case reports on the Costa de Valencia?
The reports cover apartments, townhouses and villas; several of them show that high-quality existing properties in Valencia, Castellón or Cullera often offer better locations than new-builds. It is important to bear in mind the need for modernisation before moving in — this should be part of the overall plan from the outset, not left until afterwards: Spanish banks do not contribute to the financing of this; it is covered by equity or a mortgage secured against existing German property. Purchase costs (Kaufkosten) in the region amount to around 10 to 12 %.
A similar situation in Spain? Let's talk.
Every financing in Spain is an individual case. In a free initial consultation I will tell you honestly what is feasible and which bank fits. The initial consultation is free and without obligation; on completion you pay 1 % of the loan amount (no VAT) — no bank commission. What we charge.
Anonymised individual case, not a binding statement for other projects · Siegfried Perini for the owner Olga Nikushkina · §34i GewO · no tax or legal advice · no financing commitment; conditions depend on creditworthiness, loan-to-value and bank
Related pages
Financing a new build in stages
Buying off-plan property in Spain: the developer wants instalments while it is being built; the Spanish bank pays at handover. How the gap is closed.
What we charge
Mortgage advisor in Spain: our fee is 1 % of the loan actually arranged, payable only on success. No IVA, no upfront payment, no handling charge.
ITP and the other purchase costs (Kaufkosten) amount to around 10 to 12 %
Buying a house in Valencia: 30–40 % cheaper than Madrid, with solid gross rental yields. The third-largest market for foreign buyers.
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Content by Siegfried Perini — local brand representative since 2019, active in real estate since 1992, entered in the German intermediary register (§ 11a GewO) as a person directly involved in brokerage and advice. Point of contact for German-speaking buyers in Spain and Portugal. Brokerage by Olga Nikushkina, mortgage credit intermediary under § 34i German Trade Regulation (GewO); in Portugal through a locally licensed intermediary.