Situation
The UAE-based businessman wanted to purchase a Barcelona penthouse for €2.5M with 60% mortgage financing (€1.5M). Three private banks refused due to UAE jurisdiction and complex income structure (UAE holding + personal dividends). 2026 context: for non-residents in Private Banking, fixed rates: 3.2–4.5%; variable: Euribor 12M (≈2.80%) + 0.80–1.50% depending on client profile.
Solution
Our firm structured the client’s financial profile for CaixaBank’s Private Banking division: holding audit, dividend certificates, asset structure valuation. Negotiations were conducted directly at the Private Banking level, bypassing the standard underwriting queue.
Result
A €1,500,000 mortgage was approved for 20 years. The notarial deed was signed. The client is now the owner of a luxury property in Barcelona.
