FREQUENTLY ASKED QUESTIONS

R&E can provide finance on anything for construction, refurbishment, or conversion, including hotels and commercial space.

Our lenders can provide up to 90% of cost, including the land acquisition, this usually works out at 65% Loan to Value. There is also equity available to invest with you if you need up to 98% of cost.

The rates for borrowing start at 2.5% and go to 8.5% per annum, this depends on the project, duration of the project and level of borrowing.

No, we can lend to individuals, or companies based both in Spain or across the EU, including the UK and Luxembourg.

There isn’t one! We can lend on projects from €750.000 upwards. The facilities available can be tailored to whatever project you are looking at, from single fincas, to 1000+ apartments.

Typically, this will take 4-8 weeks, depending on the legal work required. Some projects can take longer, if there are legal issues with the project.

Typically, yes, however, we can offer finance subject to planning permission being agreed.

R&E Finance build their fees into the facility where possible, so we will not charge you directly unless we absolutely have to. There are also no fees if you do not decided to proceed with terms we provide.

No, whilst it is preferred, it is not essential that you have a track record. We will encourage you to employ a professional team with a strong track record if you do not, as this will help the banks.

The banks and lenders will typically ask for a charge over the project, and a small unsecured guarantee, this can be negotiated at the point of Heads of Terms being issued. We will always act to reduce any risk for you, where possible.