Below market value bridge purchase, Javea

Buyers’ situation and opportunity

The clients were British citizens based in the UAE who had the opportunity to acquire a holiday home in Jávea below its estimated open-market value. They needed to complete the purchase before a longer-term Spanish mortgage could be put in place, so speed and a credible refinance plan were central to the transaction.

Short-term finance details

A €300,000 bridge was secured against a property with an estimated value range of €700,000 to €800,000. The loan ran for 12 months with interest retained. The relatively low leverage gave the private funder a meaningful equity buffer while the clients prepared their application for the eventual Spanish mortgage refinance.

• €300,000 short-term facility
• Estimated open-market value of €700,000–€800,000
• Twelve-month term with retained interest
• Planned exit through a Spanish mortgage

Funding and exit strategy

Clifton introduced the buyers through a specialist partner to a Spain-based private funder. The bridge was assessed against the property value and the intended mortgage exit, allowing the purchase to proceed without presenting the short-term loan as a substitute for permanent finance.

Completed outcome

The Jávea purchase completed in September 2026. Within the agreed 12-month term, the clients refinanced the bridge onto a Spanish mortgage and repaid the short-term facility. The case shows how bridging can protect a time-sensitive purchase for an international buyer when the longer-term mortgage follows after completion.