Financed despite the inheritance: €829,500 for a house in Benissa
Anonymised case from Costa Blanca: house in Benissa, financed despite the inheritance, €829,500. Mortgage financing for non-residents.
How did the inheritance change the equity situation for the house in Benissa?
The inheritance significantly improved the equity situation, provided the funds are traceably documented. Of the €635,550 equity, €390,000 came from the inheritance. The loan was €829,500, about 70 percent of the €1,185,000 purchase price. The buyers kept part of the inherited assets as a reserve and investment, and the €126,000 of energy modernisation was in the plan from the start.
In short
An inheritance can raise the equity share in a purchase if the funds are traceably documented. In this case all work could be carried out immediately after the transfer of ownership, and no later financing was necessary.
- An inheritance can raise the equity share if documented: An inheritance is often used to increase the equity share in a purchase. Traceable documentation of the funds is important.
- All work carried out right after the transfer of ownership: All work could be carried out immediately after the transfer of ownership, and no later financing was necessary.
- Arranged by Perini Finance & Property: Perini Finance & Property — German-speaking, operating under the §34i GewO licence held by Olga Nikushkina, Portugal through a locally licensed intermediary; 30+ banks approached per case. First call free; on completion 1 % of the loan amount.
House €1,185,000, of which €829,500 is financed
The purchase price was 1,185,000 €, the financing required 829,500 € and the equity 635,550 €. The buyers were a couple from Augsburg who chose Benissa.
Purchase price: 1,185,000 €; Financing required: 829,500 €; Equity: 635,550 €.
Anonymised case figure · not a binding statement for other projects · §34i GewO
Typical, anonymised case. Names, places and individual financing figures have been adjusted to protect privacy. The process reflects a typical advisory situation for non-resident financing in Spain.
Property for sale in Benissa: using assets sensibly, without investing everything in a property: A couple from Augsburg had long wished to live permanently on the Costa Blanca. After numerous stays between Moraira and Calpe, the decision finally fell on Benissa. The quiet residential setting, the proximity to the coast and the established environment matched their ideas exactly.
Shortly before the start of the property search, the buyer inherited the family home together with his sister. After the sale of the property, a considerable sum was available that was to be specifically invested in buying the new home.
Part of the inherited money goes into the house, part stays
The buyer owned an engineering firm; his wife worked as a qualified psychologist with her own practice.
The inheritance significantly improved the equity situation. Even so, neither wanted to invest all of the inherited assets in the property. Part was to remain as a long-term financial reserve and for retirement provision.
They were looking for a modern house with a garden, a pool and enough room for family and friends.
€1,465,050 total investment, €390,000 from the inheritance: Purchase price: 1,185,000 €; Additional costs: 154,050 €; Renovation (heat pump, photovoltaics, pool technology and garden): 126,000 €; Total investment: 1,465,050 €; Equity: 635,550 €; of which from inheritance: 390,000 €; Financing required: 829,500 €.
The financing share corresponded to around 70 % of the purchase price.
Cutting running costs, keeping assets balanced: The house was well-kept and immediately usable. Even so, the buyers planned an energy modernisation to reduce running costs over the long term.
In addition, the use of the inherited assets was to be carefully planned. The aim was not to use as much equity as possible but to preserve a balanced asset structure.
Working out which part of the inheritance goes in
Before the purchase contract was concluded, all modernisation costs were calculated in detail and included, together with the purchase price and additional costs, in the total investment.
It was then examined which part of the inheritance should sensibly be used as equity. Long-term financial security was central here.
The buyers deliberately chose to keep part of the inherited assets as a reserve and investment.
70 % financed, heat pump and solar in from the start: The financing was set at around 70 % of the purchase price.
The additional costs and a considerable part of the purchase price were paid from own funds.
The planned modernisation measures were already fully part of the original financing planning. This meant all work could be carried out immediately after the transfer of ownership.
Energy needs down, the inheritance largely preserved: Once the modernisation was complete, the house fully matched the buyers' ideas.
The energy improvements reduced the running energy requirement, while at the same time a considerable part of the inherited assets remained preserved and can continue to be used flexibly.
Balancing inheritance, loan and cash reserve
An inheritance often opens up new possibilities in a property purchase. Even so, it is not always sensible to invest all of the assets in a property. A balanced combination of equity, financing and a liquidity reserve creates long-term stability.
Benissa: using an inheritance wisely matters more than its size: Buying a house in Benissa shows that a larger inheritance can ease the path to the desired property. What is decisive, however, is not the amount of equity but its sensible use. Anyone who combines modernisation, asset planning and financing early creates a stable basis for the new centre of life on the Costa Blanca.
Similar cases by region and price band: Cases with a comparable region and price band — for context, not a promise of the same outcome.
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
Villa in Albir — case report: Anonymised case from Costa Blanca: villa in Albir. Mortgage financing for non-residents.
Frequently asked questions
How can heirs estimate inheritance tax in Spain before they use an inherited share as equity?
Heirs can estimate the tax from the inherited value, the relationship and the region's reductions; the notary or the regional tax authority gives the exact figure. Status 2026, source: general professional information; to be checked with the lender in each case.
Does inheritance tax in Spain affect the equity that comes from an inheritance?
Yes. The tax reduces the inheritance, so equity from it is only available after the tax is paid. Status 2026, source: general professional information; to be checked with the lender in each case.
Why was part of the inheritance left untouched?
The buyers wanted to preserve financial reserves and keep their assets broadly positioned.
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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.