€3.62m villa bridge, Benahavís

Buyer’s situation and deadline

A high-net-worth private buyer needed to complete quickly on a €4.5m residential villa in Benahavís, near Marbella. A Spanish bank could not meet the acquisition timetable, and the buyer required a lender willing to place greater weight on the property security than on conventional income or trading-history tests.

Bridge terms

The completed structure provided €3.62m gross as a first-ranking mortgage bullet loan. Interest was fixed at 13.00% per annum, the initial term was 18 months with a possible six-month extension, and the opening fee was 5.00% plus VAT. These were short-term private-lending terms rather than standard bank mortgage pricing.

• €4.5m Benahavís villa
• €3.62m gross first-ranking facility
• 18-month term with a six-month extension option
• Longer-term mortgage refinance planned after acquisition

Competitive specialist process

Clifton worked with a Spanish partner accredited and registered with the Bank of Spain. The partner approached several private lenders active in Spanish real-estate bridging, compared indicative offers and progressed the selected facility while underwriting, due diligence and legal formalisation ran in parallel.

Outcome and mortgage exit

The bridge completed within weeks, allowing the buyer to acquire the villa on schedule. After the purchase settled, the short-term facility was refinanced onto a longer-term mortgage. The transaction demonstrates how a defined bridge-to-mortgage strategy can address an acquisition deadline when standard bank timescales are not workable.