Costa Blanca property: After the company sale, €657,050 equity for a penthouse in Altea
The company sale had fundamentally changed their financial situation. The couple had sufficient liquid funds and broadly diversified assets.
Should the whole proceeds of a company sale go into a penthouse in Altea?
No, the full purchase price was not to be paid from own funds. Part of the sale proceeds was to remain invested over the long term and be preserved for the next generation. The financing was around 70 % of the purchase price, and additional costs and a considerable share of equity came from own funds.
In short
A company sale can significantly strengthen the equity share, but the assets should be structured sensibly over the long term and not invested exclusively in a property.
- Boosts equity, but assets should not all go into property: A company sale can significantly strengthen the equity share. What is decisive, however, is to structure the assets sensibly over the long term and not to invest exclusively in a property.
- Equipment wishes realised right after handover: Planning them in from the start allowed all measures to be implemented immediately after handover, without additional financing solutions being required later.
- 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.
Purchase figures: €1,235,000 price, €657,050 own funds
The purchase price of the penthouse in Altea was 1,235,000 €. The financing required was 864,500 € and the equity 657,050 €.
Purchase price: 1,235,000 €; Financing required: 864,500 €; Equity: 657,050 €.
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.
A new chapter began after a successful working life: After more than 30 years as the owner of a mid-sized metal-construction company, an entrepreneur from Baden-Württemberg decided to sell his business. Together with his wife, he wanted to use his newly gained freedom and spend a large part of the year on the Costa Blanca in future.
They were not looking for a villa requiring a lot of maintenance but for a high-quality penthouse with a generous terrace, a sea view and walking distance to the old town of Altea.
After the company sale, part of the proceeds stays invested
The company sale had fundamentally changed their financial situation.
Even so, it quickly became clear that the full purchase price was not to be paid from own funds. Part of the sale proceeds was to remain invested over the long term and also preserved for the next generation.
€1,521,550 all told, €126,000 for kitchen, terrace, tech: Purchase price: 1,235,000 €; Additional costs: 160,550 €; Renovation (designer kitchen, terrace design, smart home and air conditioning): 126,000 €; Total investment: 1,521,550 €; Equity: 657,050 €; Financing required: 864,500 €.
The financing share corresponded to around 70 % of the purchase price.
Adapting the style, leaving the asset structure as it is: The penthouse was equipped to a high standard but did not fully match the buyers' personal living style.
The kitchen, the entire lighting, the terrace and the building automation in particular were to be individually adapted.
In addition, the asset structure was to remain as unchanged as possible after the purchase.
Costs of the works recorded, own-funds share weighed up
Before the purchase contract was concluded, all planned investments were recorded in detail and backed with realistic costs.
It was then examined what use of equity was sensible without unnecessarily changing the long-term asset planning.
The buyers deliberately chose to keep part of the sale proceeds broadly invested.
70 % financed, fees paid straight from own funds: The financing was set at around 70 % of the purchase price.
The additional costs and a considerable share of equity were paid immediately from own funds.
All planned modernisation was included in the overall plan from the outset — covered from equity, not by the bank loan. This meant the penthouse could be individually designed directly after the transfer of ownership.
Moved in within months, wealth stays invested: Just a few months later, the couple moved into the modernised penthouse in Altea.
Thanks to the balanced financing, a considerable part of their assets remained invested. At the same time, a high-quality residence was created that ideally complements the next chapter of life on the Costa Blanca.
Sale proceeds need not all go into the property
A company sale opens up new possibilities but does not have to mean that the entire proceeds flow into a property. It is often sensible to use equity in a targeted way while keeping enough assets for future opportunities and family goals.
Altea: targeted equity use fits a high-net-worth penthouse purchase: Buying a penthouse in Altea shows that property financing can be a sensible part of the overall strategy even with a high asset base. Anyone who uses equity in a targeted way, considers modernisation early and plans for the long term creates the basis for relaxed living 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
Detached house in Dénia — case report: Anonymised case from Costa Blanca: detached house in Dénia. Mortgage financing for non-residents.
Frequently asked questions
Why was full self-financing not chosen?
The buyers deliberately wanted to preserve their asset structure and keep sufficient liquidity for future investments and family plans.
What was adapted in the penthouse in Altea after the purchase?
The kitchen, the entire lighting, the terrace and the building automation in particular were to be individually adapted. All planned modernisation was included in the overall plan from the outset and covered from equity, not by the bank loan.
How does a company sale affect the equity for a property purchase?
A company sale can significantly strengthen the equity share. What is decisive, however, is to structure the assets sensibly over the long term and not to invest exclusively in a property.
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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.