When you embark on the journey of purchasing a property in Spain and securing a mortgage, the bank will provide an estimate of the primary expenses and fees associated with your property transaction. Since the enactment of the new mortgage law in 2019, most of the mortgage-related costs are covered by the banks/lending institutions. As […]
In stark contrast to many other eurozone countries, the Spanish real estate market continues its upward trajectory. Despite the adverse effects of climbing interest rates, the demand for properties remains steadfast. This, coupled with inadequate supply, is the primary driving force behind the surging property prices. Resilient Amidst Rising Interest Rates In September, Spanish house […]
In this article, we’re covering the fundamental aspects of getting a mortgage in Spain for US citizens. We’ll start with a brief answer and then dive into more details. The answer is yes; US citizens can get mortgages in Spain. For most US citizens, you will need proof of identity and income, which is usually […]
When applying for a mortgage in Spain, it’s critical to provide the full, correct set of documentation. If not, alongside delaying the process significantly, your Spanish mortgage application will likely result in an outright rejection. In many ways, Spanish banks work differently to those in other countries. It may seem that a lot of documentation […]
Are you considering buying property in Barcelona? Whether you’re a first-time homebuyer or a seasoned real estate investor, this Spanish city offers an abundance of attractions and potential. But, even though the streets are lined with charming restaurants, stunning architecture, and lively nightlife scenes – there’s one burning question on the minds of many visitors: […]