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

Financing a terraced house in Platja d'Aro – Family life on the Costa Brava with long-term planning

An engineer and a doctor from Munich wanted to move permanently to Spain with their two children. They were looking for a modern terraced house in Platja d'Aro with four bedrooms, a small garden and good access to schools and sports facilities.

Key figures

At a glance

  • Purchase price: 735.000 €
  • Renovation: 56.800 €
  • Financing required: 441.000 €
  • Equity: 439.000 €

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.

More quality of life between the beach and everyday life

Platja d'Aro is far more than a classic holiday resort. Shops open year-round, international schools, medical care and good transport links make the town attractive for families who want to move permanently to the Costa Brava. Terraced houses often offer a successful combination of a private garden, manageable maintenance and sufficient living space.

Initial situation

An engineer and a doctor from Munich wanted to move permanently to Spain with their two children. They were looking for a modern terraced house in Platja d'Aro with four bedrooms, a small garden and good access to schools and sports facilities. The suitable property was in a well-kept residential area but was to be functionally adapted to the family's needs before moving in.

Financing overview

  • Purchase price: 735.000 €
  • Additional costs: 88.200 €
  • Renovation: 56.800 €
  • Total investment: 880.000 €
  • Equity: 439.000 €
  • Financing required: 441.000 €

The challenge

The family had equity from the sale of their previous apartment. Even so, enough liquidity was to remain for the new start in Spain, the children's change of school and unforeseen expenses. At the same time, it was clear that all modernisation should be completed before moving in.

Analysis

For a permanent move with children, alongside the financing, planning certainty and a realistic overall overview of all investments play an important role. Not only the purchase price but also acquisition costs and necessary adaptations determine the actual capital requirement.

With financing of 60 % of the purchase price, enough equity remained for the additional costs and a considerable part of the total investment. At the same time, financial reserves could be deliberately preserved.

Financing solution

The financing included all intended modernisation measures:

  • new family kitchen with a generous dining area
  • modernisation of the bathrooms
  • fit-out of a study for hybrid working
  • network cabling in all living areas
  • electric shading of the south terrace
  • energy-efficient air conditioning
  • custom-made fitted wardrobes for the children's rooms

All work was completed immediately after the purchase.

Outcome

The terraced house could be occupied in time for the start of the school year. The family began the new chapter of life without further building work and at the same time had sufficient financial reserves for the first years in Spain.

What other buyers can learn

Anyone moving to Platja d'Aro with their family should not align the financing with the purchase price alone. Only the full inclusion of all acquisition and modernisation costs creates a reliable basis for a relaxed new start.

FAQ

Frequently asked questions

Why is not all of the equity used?
Many families want to keep reserves for the move, settling in, school costs or unexpected expenses and therefore do not invest all their assets in the property.
Can modernisation for a home office be co-financed?
Yes. If corresponding measures are planned and calculated before the purchase, they can often be part of the overall financing.
Which adaptations are especially in demand for family homes?
Kitchens, bathrooms, air conditioning, network technology, storage solutions, shading and work areas are frequently modernised.
Is Platja d'Aro suitable for permanent living?
Yes. The town offers good infrastructure, shops, medical care, schools in the region and a high quality of life throughout the year.

Conclusion

A terraced house in Platja d'Aro can be the ideal starting point for families for a permanent life on the Costa Brava. If the purchase price, additional costs and all planned modernisation are taken into account early in an overall calculation, financing emerges that reliably supports both the move and long-term everyday life.

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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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