Villa in Benicàssim – Two incomes in a gradual transition
A couple from Bavaria, she a specialist in internal medicine, he the managing director of a mid-sized technology company, were planning the gradual transition into retirement. Over the coming years, part of the professional activity was to continue digitally.
In short
What was this case about?
A couple from Bavaria, she a specialist in internal medicine, he the managing director of a mid-sized technology company, were planning the gradual transition into retirement. Over the coming years, part of the professional activity was to continue digitally.
Why is Benicàssim especially attractive for owner-occupiers?
Benicàssim combines long sandy beaches, well-kept infrastructure, good medical care and proximity to nature with a high quality of living throughout the year.
Can comfort and energy measures be financed together?
As a rule the Spanish bank does not co-finance modernisation — it belongs in the overall plan: equity or raising capital against German property.
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.
The key data: €918,000 villa, €641,700 loan
- Purchase price: 918.000 €
- Renovation: 51.800 €
- Financing required: 641.700 €
- Equity: 438.300 €
Anonymised case figure · not a binding statement for other projects · §34i GewO
Property for sale in Benicàssim: mediterranean living between coast, nature and culture
Benicàssim is one of the most traditional places to live on the Costa del Azahar. The town is known for its well-kept beaches, the historic villa promenade and the immediate proximity to the Desert de les Palmes nature park. At the same time, Benicàssim offers excellent infrastructure and short distances to Castellón de la Plana. For German-speaking buyers who want to move their centre of life permanently to Spain, the town combines quality of life, peace and excellent accessibility.
This practical case shows how buying a villa for permanent owner-occupation can be financed durably and economically sensibly.
Easing into retirement, a villa near the promenade
A couple from Bavaria, she a specialist in internal medicine, he the managing director of a mid-sized technology company, were planning the gradual transition into retirement. Over the coming years, part of the professional activity was to continue digitally.
They were looking for a detached villa with enough living space, several terraces and a garden laid out for low maintenance. After a longer search they chose a property in a quiet residential setting not far from the beach promenade of Benicàssim.
How the €1,080,000 total investment breaks down
- Purchase price: 918.000 €
- Additional costs: 110.200 €
- Renovation: 51.800 €
- Total investment: 1.080.000 €
- Equity: 438.300 €
- Financing required: 641.700 €
Assets stay invested, improvements before moving in
The buyers had liquid funds from savings, securities investments and a partly debt-free property in Germany. Even so, they wanted to keep a significant part of their assets invested and not put it entirely into the purchase.
Before moving in, several technical and functional improvements were to be implemented.
Very well kept; kitchen, baths, windows and study planned
The villa was in very well-kept condition. The planned measures therefore focused on comfort, energy efficiency and long-term use.
Planned were a new fitted kitchen with extended work surfaces, the modernisation of two bathrooms, intelligent control of the air conditioning, the replacement of older windows on the weather side with energy-efficient models and the fit-out of a generous study with a library area.
As all work was planned in detail before the purchase contract was concluded, it could be fully included in the total investment.
70 % financed, assets stay flexible and available
The financing was set at around 70 % of the purchase price. This kept a considerable part of the assets flexibly available and able to remain invested over the long term.
Alongside the purchase price, all acquisition costs and all planned modernisation measures were included in the overall plan from the outset — covered from equity, not by the bank loan. Later additional financing was therefore not required.
A home for working years and retirement, room to spare
Once the work was completed, a high-quality house was created that offers the buyers optimal conditions both during their remaining working years and in later retirement.
The financing remained durable over the long term and at the same time left enough financial room for travel, family and further investments.
Benicàssim has quiet residential areas beyond the beach
Benicàssim offers not only attractive beach locations but also quiet residential areas with a high quality of life. For high-quality homes in particular, comprehensive financing planning that takes all investments into account already at the acquisition is worthwhile.
This avoids financing gaps and the move can take place without further building work.
Frequently asked
Why is Benicàssim especially attractive for owner-occupiers?
Can comfort and energy measures be financed together?
Why was a financing share of around 70 % chosen here?
Which properties are especially in demand in Benicàssim?
Benicàssim villa: an overall plan for a permanent centre of life
Benicàssim combines Mediterranean quality of life, nature and excellent infrastructure. An overall plan that budgets the purchase price, additional costs and all planned modernisation together already at the acquisition — the bank loan for the purchase price, additional costs and modernisation from equity — creates a reliable basis for a long-term and comfortable centre of life on the Costa del Azahar.
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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