€1.5M villa refurb, Marbella

Client situation and purchase objective

The client was a UK-based technology entrepreneur acquiring a €5.4m front-line beach villa in Marbella. The priority was to complete the purchase without liquidating a larger portion of sterling-denominated investments. International income and limited immediately available cash meant the mortgage proposal needed to be judged on the client’s wider financial position rather than a simple domestic salary multiple.

Mortgage details

The agreed facility was €3.24m, equivalent to 60% loan to value, denominated in euros and structured on an interest-only basis. Matching the debt currency to the Spanish asset avoided introducing a sterling loan against a euro-valued property, while the interest-only structure reduced scheduled capital payments and supported the client’s cashflow objective.

• €5.4m Marbella villa purchase
• €3.24m euro mortgage at 60% LTV
• Interest-only repayment structure
• Application to formal offer in four weeks

How the application was positioned

Clifton facilitated access through specialist partners to a European private funder able to consider an overseas company and complex international income. The submission connected the value and quality of the Marbella security with the client’s broader financial profile and clearly explained why preserving invested capital was part of the financing strategy.

Outcome and relevance for UK-based buyers

A formal offer was issued within four weeks for the full €3.24m requirement. The client could proceed with the acquisition while retaining sterling investments and preserving liquidity. The case shows why UK-based purchasers with complex or entrepreneurial income may need a specialist route, even where the property and overall net worth support a substantial Spanish mortgage.