Housing prices in Spain have been rising steadily since 2016, even during the Covid-19 pandemic. And with a 16% increase in the last five years. The National Statistics Institute data indicates that around 40,000 mortgages are signed each month in Spain, resulting in a high percentage of total sales. Due to the low interest rates and tax deductions, mortgaging when buying a property in Spain, can be a great option.
Getting a Spanish mortgage could be your ticket to entering the increasingly desirable housing market in Spain.
Whether you have decided to live as an expatriate in Spain or you want to buy a holiday home, the Spanish property market is still relatively affordable. However, before you start your real estate search, you should find out if you are eligible for a Spanish mortgage, and how much you can borrow as a foreigner in Spain.
- We are specialist mortgage brokers, able to help both resident and non-resident buyers in Spain.
- We have direct access to multiple lenders.
- We also offer a FREE affordability check for buyers and agents, so you and your client know exactly what your/their financial possibilities are.
- We have access to various products, from short and long-term lending, as well as repayment and interest only mortgages.
For more information, please contact:
Nick Greatrex
Mobile: +34 622 24 35 64
Office no: +34 951 20 42 74
