Apartment at Puerto Banús marina – The practice stays, the residence moves
A lawyer and his wife from Munich planned to move their residence entirely to Spain over the coming years. As both could continue their professional activity partly digitally, the property was to be used year-round.
In short
What was this case about?
A lawyer and his wife from Munich planned to move their residence entirely to Spain over the coming years. As both could continue their professional activity partly digitally, the property was to be used year-round.
Is Puerto Banús also suitable for permanent owner-occupation?
Yes. Alongside the well-known marina, the region offers excellent infrastructure, medical care, shopping and numerous leisure activities for year-round living.
Why is financing used despite high assets?
Many buyers want to preserve their asset structure and deliberately choose not to invest all their equity in a 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.
Price €1,320,000, equity €682,000, loan €858,000
- Purchase price: 1.320.000 €
- Renovation: 61.600 €
- Financing required: 858.000 €
- Equity: 682.000 €
Anonymised case figure · not a binding statement for other projects · §34i GewO
Property for sale in Puerto Banús: high-quality living in one of the best-known locations on the Costa del Sol
Puerto Banús enjoys an excellent reputation worldwide. Alongside the famous marina, the surroundings offer high-quality residential complexes, short distances to beaches, golf courses and shops and excellent infrastructure for everyday life. For many German-speaking buyers, Puerto Banús is therefore not just an exclusive holiday resort but an attractive location for a permanent centre of life.
This practical case shows how acquiring a high-quality apartment can be implemented with a realistic financing structure.
Munich couple moving their home to the marina
A lawyer and his wife from Munich planned to move their residence entirely to Spain over the coming years. As both could continue their professional activity partly digitally, the property was to be used year-round.
The choice fell on a generous apartment in a well-kept residential complex not far from the marina of Puerto Banús. Decisive were the central location, the high building quality and the ability to reach all everyday amenities conveniently on foot.
€1,540,000 total outlay including costs and works
- Purchase price: 1.320.000 €
- Additional costs: 158.400 €
- Renovation: 61.600 €
- Total investment: 1.540.000 €
- Equity: 682.000 €
- Financing required: 858.000 €
The securities portfolio was to stay invested
The buyers had considerable liquid funds and a broadly positioned securities portfolio. Even so, not all of their assets were to flow into the purchase, in order to preserve the existing asset structure.
In addition, the apartment was to be modernised in several areas before moving in and tuned to their personal living habits.
Designer kitchen, baths and study costed in advance
The property was in excellent condition. The intended investments mainly served individual equipment and a further increase in living comfort.
Planned were a completely new designer kitchen, the modernisation of the bathrooms, high-quality fitted wardrobes, optimised lighting design, more energy-efficient climate control and the fit-out of a separate study for digital working.
All measures were calculated in detail before the purchase and became part of the total investment.
Loan at 65% of the price, the portfolio stays untouched
The financing was set at around 65 % of the purchase price. This kept a considerable part of the assets invested while preserving a balanced equity ratio.
Alongside the purchase price, all acquisition costs and the planned modernisation measures were included in the overall plan from the outset — covered from equity, not by the bank loan. Later top-up financing was therefore not required.
Life shifted step by step to Puerto Banús
Once the work was completed, a high-quality residence was created that meets the requirements both of daily life and of the long-term plans for retirement.
The buyers were able to shift their centre of life to Puerto Banús gradually while preserving their financial flexibility.
Even prime flats need work — count it in beforehand
Exclusive properties too often need individual adaptations before they fully match personal living ideas. Anyone who takes these investments into account already at the acquisition avoids later financial surprises and creates significantly better predictability.
In high-priced residential locations in particular, a holistic overall plan — the bank loan for the purchase price, costs and modernisation from equity — is therefore worthwhile.
Frequently asked
Is Puerto Banús also suitable for permanent owner-occupation?
Why is financing used despite high assets?
Can high-quality interiors be co-financed?
Which properties are especially in demand in Puerto Banús?
Apartment in Puerto Banús: full planning for upscale living
Puerto Banús offers ideal conditions for buyers who want to combine exclusive living with excellent infrastructure. An overall plan that budgets the purchase price, additional costs and all planned modernisation together from the start — the bank loan for the purchase price, additional costs and modernisation from equity — creates a reliable basis for a long-term centre of life on the Costa del Sol.
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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