Low interest rates
Property in Spain can be financed again. Not as easy as it was during the property boom. But still an interesting number of mortgages are being taken every day. Most Spanish banks work with the European interest rate Euribor adding a 1% to 2% plus. The actual Euribor is 1.37% this means you can have a mortgage from 2.37%. Very interesting to finance a property abroad.
Which bank to use?
Depending on quite a few points, each individual situation and property. Villa or apartment on the coast or buying an inland property. Being selfempolyed or early retired. We know exactly on each situation which bank (or banks) can help you best providing a loan on your property. Also re-mortgages available for those who already own a property and want to release equity. Contact us to help you finding the best finance for you!