Practical case Mallorca: Beachside apartment in Cala d'Or – A parental gift sensibly used as equity
Both buyers had secure incomes from permanent employment relationships. The saved equity, however, would not have been enough to comfortably cover both the purchase price and all additional costs.
In short
What was this case about?
Both buyers had secure incomes from permanent employment relationships. The saved equity, however, would not have been enough to comfortably cover both the purchase price and all additional costs.
Can a gift be taken into account as equity?
Yes. The prerequisite is that the origin and provision of the funds can be documented traceably.
Should all of the equity flow into the purchase?
In many cases it is sensible to hold back part of the savings as a reserve in order to remain financially flexible after the purchase too.
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.
€585,000 apartment, €409,500 loan, €251,550 of own funds
- Purchase price: 585.000 €
- Financing required: 409.500 €
- Equity: 251.550 €
Anonymised case figure · not a binding statement for other projects · §34i GewO
Property for sale in Cala d'Or: the dream of an own property began with family support
A couple in their early 30s from Bavaria had spent their summers in Cala d'Or for many years. The small coves, the marina and the relaxed atmosphere made the place their favourite destination on Mallorca. Instead of continuing to rent a holiday apartment every year, the wish arose for their own apartment that was also to be used for longer stays over the long term.
The right property was found quickly: a modern apartment with two bedrooms, a large terrace and walking distance to the sea.
A gift from the parents tops up the savings
Both buyers had secure incomes from permanent employment relationships. The saved equity, however, would not have been enough to comfortably cover both the purchase price and all additional costs.
The parents therefore decided to make part of their assets available early as a gift in order to ease the purchase.
€661,050 total, €150,000 of it a family gift
- Purchase price: 585.000 €
- Additional costs: 76.050 €
- Total investment: 661.050 €
- Equity: 251.550 €
- of which parental gift: 150.000 €
- Financing required: 409.500 €
The financing share corresponded to around 70 % of the purchase price.
Documenting where the gifted money came from
The gift was to be documented transparently so the origin of the own funds was traceable. At the same time, the buyers did not want to use all their own assets but to have sufficient financial reserves after the purchase too.
Savings, gift and reserves listed item by item
In the first step, all own funds were cleanly broken down. Alongside their own savings, the parents' gift flowed into the financing planning.
As no modernisation was required, the calculation focused on the purchase price, additional costs and sufficient liquidity reserves for furnishing, running costs and future trips to Mallorca.
The equity ratio of around 30 % formed a solid basis for the financing.
70 % financed, fees from savings and the gift
Around 70 % of the purchase price was financed.
The additional costs and the remaining equity share were paid entirely from own funds and the gift.
Thanks to this structure, the young couple did not have to use up their private reserves entirely and could still acquire the desired property.
First summer in their own flat, savings intact
Just a few weeks after the purchase, the family spent their first summer months in their own apartment in Cala d'Or.
The gift considerably eased the entry, without overburdening the buyers financially over the long term. At the same time, sufficient reserves for future expenses remained.
Bring family support into the plan early and openly
Not infrequently, parents or grandparents support the property purchase of the next generation. If this support is provided early and transparently, it can significantly strengthen the equity share and place the financing on a stable basis.
Frequently asked
Can a gift be taken into account as equity?
Should all of the equity flow into the purchase?
Why are sufficient reserves important?
Cala d'Or apartment combines a gift, equity and a loan
Buying an apartment in Cala d'Or shows that family support can ease the path to an own property. Decisive, however, is balanced financing in which equity, a gift and a loan are sensibly combined. This creates a solution that not only enables the purchase but also offers long-term financial stability.
More cases on this theme
Practical case Costa Blanca: Villa in Jávea
When a gift eases the path to a home in Spain
Practical case Mallorca: Historic townhouse in Sóller
Inheritance as part of the equity strategy
A similar situation in Spain? Let's talk.
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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