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The Proposal

At OMF, every client has a story, every journey is unique, but the goal remains the same: turning the dream of homeownership into reality.

The Proposal
In this article
  1. A year-long search in Ibiza
  2. From reservation to completion
  3. Then came a moment that none of us anticipated
  4. More than a transaction
  5. Thinking about buying in Ibiza?

This is the story of one exceptional couple whose journey perfectly illustrates the value of patience, expert guidance and an experienced team working together to deliver outstanding results.

Their search for the perfect apartment in Ibiza began well over a year before they finally found the property that met every expectation.

A year-long search in Ibiza

Throughout that time, they viewed a wide range of properties, remaining committed to finding a home that offered not only an exceptional location, but also the lifestyle they had envisioned. When the right opportunity finally became available, they knew immediately it was worth pursuing.

The apartment offered enchanting panoramic sea views, private parking, secure storage and, perhaps most importantly, a spacious terrace where they could enjoy the refreshing sea breeze throughout the summer and warm Mediterranean evenings together.

From reservation to completion

Once the reservation was secured, the team at OMF immediately began coordinating every aspect of the financing process. Throughout the transaction, we worked closely with the selling agent, legal representatives and all parties involved to ensure the purchase progressed efficiently and within the required timescales.

What OMF handled

  • Mortgage application: prepared and presented to the lender
  • Valuation: arranged without delay
  • Approvals: the necessary financial approvals secured
  • Completion: final arrangements organised, including the Gestoría at the completion meeting

Attention to detail, clear communication and proactive management are essential when purchasing property overseas. By coordinating each stage of the transaction, we were able to provide our clients with confidence and reassurance from reservation through to completion.

As completion day approached, the Gestoría facilitated the completion meeting alongside the sellers and our clients. Following the signing of the documentation and the financial transfers, ownership of the property officially passed to the delighted new owners.

Throughout the entire process, our clients demonstrated remarkable teamwork and trust, supporting one another at every stage while working closely with our team to achieve a successful outcome.

Then came a moment that none of us anticipated

Man proposing to woman with Ibiza backdrop
The proposal, on the terrace of their new home in Ibiza

After collecting the keys to their new apartment, they walked through their beautiful new home before stepping onto the terrace overlooking the Mediterranean Sea. Inspired by the view they had spent more than a year searching for, our client proposed to his partner, who happily accepted!

Their dream property had become the setting for one of the most significant moments of their lives. For us, it was a powerful reminder that purchasing a property is about far more than completing a transaction.

Behind every mortgage application is a personal ambition, a family goal or a lifelong dream waiting to be realised.

More than a transaction

At OMF, we are proud to support our clients through every stage of that journey. Our extensive experience in the Spanish property market and strong relationships with estate agents, lawyers, valuers and Gestorías enable us to guide clients with confidence from their initial enquiry through to completion.

Engagement ring on a woman's hand
The engagement ring

Helping our clients purchase exceptional homes is what we do every day. Knowing that those homes become the backdrop to life's most memorable moments is simply the greatest testimonial we could ever receive.

Thinking about buying in Ibiza?

If you are considering buying a property in Ibiza or elsewhere in Spain, speak to OMF before making an offer. We will help you understand your borrowing options so you can move forward with confidence.

Questions about this topic

Can I get a mortgage in Spain if I live in the UK?

Yes. Many Spanish lenders offer mortgages to UK residents and other international buyers purchasing property in Spain. Lending criteria, deposit requirements and affordability assessments vary between lenders, which is why talking to OMF is invaluable when selecting the most suitable mortgage solution.

What loan to value can I achieve?

The standard Loan to Value for international buyers is around 60–70%, dependent on the client profile. Some lenders will extend to 80%, again dependent on the client profile.

Why Choose OMF?

OMF has over 25 years' experience working in the international property finance market. Not only do we understand how the purchasing process works in our select jurisdictions, we also have unrivalled relationships with lenders and the underwriting teams.

Can I not go direct to the lender?

In short, Yes. Whilst you can approach lenders directly, OMF understands the meticulous nature of presenting your application to lenders and what they want to see. With a vast amount of knowledge and experience of how the application process works, OMF will ensure you are presented in the best light possible. It is also worth noting that most applicants only have one opportunity to present their case to a lender!

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