Financing a detached house in Lloret de Mar – Living year-round with room for family and home office
A couple from Stuttgart, both working as IT project managers and predominantly from home, decided to move permanently to Spain. They were looking for a modern detached house in a quiet residential setting in Lloret de Mar with a garden, a double garage and enough room for two separate studies.
At a glance
- Purchase price: 690.000 €
- Renovation: 77.200 €
- Financing required: 483.000 €
- Equity: 367.000 €
Anonymised case figure · not a binding statement for other projects · §34i GewO
More than a holiday resort
Lloret de Mar is often associated with tourism. In fact, the town has also developed into an attractive residential location in recent years. Away from the beach promenade there are quiet residential areas with detached houses, good infrastructure and short distances to schools, shops and medical care. For many German-speaking buyers, Lloret de Mar is therefore an interesting choice for a permanent centre of life.
Initial situation
A couple from Stuttgart, both working as IT project managers and predominantly from home, decided to move permanently to Spain. They were looking for a modern detached house in a quiet residential setting in Lloret de Mar with a garden, a double garage and enough room for two separate studies. The suitable property largely met the requirements but needed some technical and functional modernisation.
Financing overview
- Purchase price: 690.000 €
- Additional costs: 82.800 €
- Renovation: 77.200 €
- Total investment: 850.000 €
- Equity: 367.000 €
- Financing required: 483.000 €
The challenge
The buyers had equity from the sale of their previous apartment but did not want to liquidate their securities portfolios. At the same time, the house was to be adapted immediately after the acquisition to the requirements of permanent living and a modern working environment.
Analysis
Anyone moving their centre of life permanently to Spain and working remotely regularly often needs more than just a nice house. A stable digital infrastructure, functional work areas and contemporary living comfort should be planned before moving in.
The financing corresponded to 70 % of the purchase price and made it possible to reflect both the acquisition and all planned modernisation in an overall solution.
Financing solution
All intended measures were integrated into the financing:
- fit-out of two fully equipped home-office rooms
- structured network cabling throughout the house
- installation of energy-efficient air conditioning
- modernisation of the kitchen
- renewal of the bathrooms
- electric shading of the south side
- custom-made fitted wardrobes and storage solutions
All work was carried out immediately after the purchase.
Outcome
The house could be occupied without a further building phase. Both buyers had professional workplaces for their remote activity and at the same time a long-term suitable home on the Costa Brava. Thanks to the financing, part of their assets also remained flexibly available.
What other buyers can learn
A permanent move to Spain often also changes the requirements for the property. Anyone who works regularly from home should take digital infrastructure and functional work areas into account already in the financing planning. If all measures are planned from the start, a realistic overall calculation emerges.
Frequently asked questions
Can home-office conversions be part of the financing?
Why is not all of the equity used?
Which modernisations are especially common for detached houses in Lloret de Mar?
Is Lloret de Mar suitable for permanent living?
Conclusion
A detached house in Lloret de Mar can be the ideal basis for a permanent new start in Spain. Anyone who plans the purchase price, additional costs and all necessary modernisation together from the start creates durable financing and can begin the new chapter of life without later surprises.
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Every financing in Spanien is an individual case. In a free initial consultation I will tell you honestly what is feasible and which bank fits.
Book a free consultationAnonymised 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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