Perini Finance & Property §34i GewO · Mortgages in Spain & Portugal
Case report · Costa Blanca

Practical case Costa Blanca: Villa in Albir – When two incomes from different countries come together

The buyers had two stable incomes from different countries and well-built equity. In addition, there was a long-term securities portfolio that was deliberately not to be liquidated.

Key figures

At a glance

  • Purchase price: 1.325.000 €
  • Financing required: 927.500 €
  • Equity: 706.750 €

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 Spanien.

A shared dream despite international careers

A couple from Germany had worked in various European countries for many years. The husband was employed as an aerospace engineer at an international group; his wife worked for a Swiss pharmaceutical company. Both could carry out their work mostly remotely and wanted to move their centre of life permanently to the Costa Blanca.

After several viewings, the decision fell on a modern villa in Albir. The quiet residential setting, the proximity to the beach promenade and the excellent infrastructure made the place an ideal choice for the new chapter of life.

Initial situation

The buyers had two stable incomes from different countries and well-built equity. In addition, there was a long-term securities portfolio that was deliberately not to be liquidated.

As both wanted to continue their professional activity for a few more years, durable financing with sufficient financial reserves was central.

Financing overview

  • Purchase price: 1.325.000 €
  • Additional costs: 172.250 €
  • Renovation (photovoltaics, heat pump, pool technology and outdoor lighting): 137.000 €
  • Total investment: 1.634.250 €
  • Equity: 706.750 €
  • Financing required: 927.500 €

The financing share corresponded to around 70 % of the purchase price.

The challenge

The income circumstances were economically very solid but, due to the different employers and countries, had to be documented in a fully traceable way.

In addition, the buyers planned several energy improvements and a high-quality redesign of the outdoor areas.

All measures were to be implemented immediately after the transfer of ownership.

Analysis

First all income documents were compiled in a structured way and the long-term financial situation was considered.

In parallel, the planned modernisation costs were calculated in detail and included, together with the purchase price and additional costs, in the total investment.

The buyers deliberately chose to keep part of their assets invested and not to build the financing solely from own funds.

Financing solution

The financing was set at around 70 % of the purchase price.

The additional costs and a considerable share of equity were paid from existing funds.

All modernisation measures were also fully integrated into the original financing planning. This meant the work could be completed directly after handover.

Outcome

Just a few months later, the villa was fully modernised and ready to move into.

Today the buyers live mainly in Albir and can continue to carry out their work flexibly. At the same time, their asset structure remained balanced and sufficient liquidity for future decisions was preserved.

What other buyers can learn

International income circumstances are no longer a rarity today. What is decisive is transparent documentation and financing that also fits personal life planning over the long term.

FAQ

Frequently asked questions

Can incomes from different countries be taken into account?
Yes. Traceable documentation of the income circumstances and a complete presentation of the economic situation are important.
Why were the modernisation costs planned before the purchase?
This allowed all work to be carried out immediately after the transfer of ownership, without having to organise additional financing solutions later.
Why was the securities portfolio not used in full?
The buyers wanted to preserve long-term investments while keeping sufficient financial reserves for future developments.

Conclusion

Buying a villa in Albir shows that successful property financing is possible even with international income structures. Anyone who carefully coordinates equity, modernisation and long-term asset planning creates a solid basis for a permanent home on the Costa Blanca.

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Anonymised individual case, not a binding statement for other projects · Siegfried Perini, BAFA-notified for the cross-border activity of the owner Olga Nikushkina · §34i GewO · no tax or legal advice · no financing commitment; conditions depend on creditworthiness, loan-to-value and bank

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