Golf villa in Nueva Andalucía – Income in francs, financing in euros
Nueva Andalucía is one of the most coveted residential locations on the Costa del Sol. Generous villa plots, well-kept residential areas and the immediate proximity to Marbella and Puerto Banús make the district especially attractive for buyers who want to live in Spain permanently. Despite the exclusive surroundings, the high quality of everyday life is central for many owner-occupiers.
How is the modernisation of a golf villa in Nueva Andalucía financed?
It is covered from equity, not by the bank loan. In this case the loan was €1,417,000, about 65 percent of the €2,180,000 purchase price, and the €108,400 for building services, kitchen, bathrooms and a lift was in the overall plan from the outset. The buyers kept part of their wealth as a liquidity reserve and long-term investment.
A golf villa at €2,180,000, loan of €1,417,000
- Purchase price: 2,180,000 €
- Renovation: 108,400 €
- Financing required: 1,417,000 €
- Equity: 1,133,000 €
Anonymised case figure · not a binding statement for other projects · §34i GewO
Living in Nueva Andalucía: quiet between golf courses and Marbella
This practical case shows how buying a villa can be implemented with well-considered financing and realistically calculated modernisation.
Two Swiss doctors, income in francs, a villa by the golf course: A couple from Switzerland, both specialist doctors with their own practice, planned the gradual transition into retirement. In future, part of the medical activity was to continue on some days, while the centre of life was moved permanently to Spain.
They were looking for a detached villa with a generous living area, a well-kept garden and enough room for children and grandchildren. After a longer search they chose a property in Nueva Andalucía in the immediate vicinity of several renowned golf courses.
Price plus works and fees adds up to €2,550,000: Purchase price: 2,180,000 €; Additional costs: 261,600 €; Renovation: 108,400 €; Total investment: 2,550,000 €; Equity: 1,133,000 €; Financing required: 1,417,000 €.
Part of the wealth stays invested, the villa is upgraded first
The buyers had considerable assets but did not want to use them entirely for the purchase. Part of the capital was to remain as a liquidity reserve and long-term investment.
In addition, the villa was to be modernised technically and adapted to their personal requirements for year-round living.
Building services, kitchen, two baths and a lift between floors
The property was convincing for its high-quality building fabric and quiet location. The planned measures therefore focused on comfort, energy efficiency and age-appropriate living.
Provided for were the modernisation of the building services, the replacement of the air conditioning with a more energy-efficient system, the renewal of the main kitchen, the redesign of two bathrooms and the installation of a lift between the living levels.
As all measures were planned in detail before the purchase, they could be fully included in the total investment.
€1,417,000 at 65%, the wealth stays invested
The financing was set at around 65 % of the purchase price. This kept a considerable part of the assets flexibly available without unnecessarily increasing the monthly burden.
Alongside the purchase price, all additional costs and the planned modernisation were included in the overall plan from the outset — covered from equity, not by the bank loan. Additional financing steps after the acquisition were therefore not required.
A home in Nueva Andalucía, the reserve kept as before: Once the work was completed, a high-quality residence was created that meets today's requirements for comfort and energy efficiency and is at the same time suitable for retirement over the long term.
The buyers were able to move their centre of life to Nueva Andalucía as planned and continue to have a comfortable financial reserve.
Even with costly villas, more comes after the purchase price
Even with exclusive villas, additional investment often arises before the property fully matches one's own ideas. Anyone who takes these measures into account already at the purchase creates significantly better planning and cost certainty.
For high-quality homes in particular, an overall view of all investments is advisable rather than focusing exclusively on the purchase price.
Nueva Andalucía golf villa for exclusive, peaceful living: Nueva Andalucía offers ideal conditions for people who want to combine exclusive living with peace, comfort and excellent infrastructure. An overall plan that budgets the purchase price, additional costs and all modernisation measures 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 centre of life on the Costa del Sol.
Frequently asked questions
Why is financing used despite high assets?
Many buyers want to preserve their asset structure and deliberately choose balanced financing rather than a full use of equity.
Which properties are especially in demand in Nueva Andalucía?
Above all detached villas, high-quality detached houses and generous penthouses in quiet residential locations are among the preferred properties for permanent owner-occupation.
Why were the modernisation measures for the golf villa in Nueva Andalucía planned before the purchase?
As all measures were planned in detail before the purchase, they could be fully included in the total investment. Additional financing steps after the acquisition were therefore not required.
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.
Anonymised 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
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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.