Spain Real Estate News
Buying VPO (social housing) has some peculiarities beyond the price. This type of property has a different tax regime and mortgage conditions. All this implies greater facilities for acquisition, although it'll be necessary to meet certain requirements.
...continue reading "VPO Housing: Taxes, Mortgages and Necessary Savings"
Financing is one of the fundamental aspects when buying a home. Generally, banks offer mortgage loans that cover up to 80% of the property value, which requires savings to cover the remaining 20%. When you do not have that cushion, it is possible to obtain a 100% mortgage, but the requirements are much higher.
...continue reading "100% Mortgages: What They Are and What to Take Into Account If You Want to Buy Without Savings"
Buying a home on a seller's market is not an easy task. When the demand for property is greater than the housing stock, the competition between buyers is enormous, and we'd better have our eyes wide open if we don't want to miss any opportunity.
In these situations, sellers have a wider margin of negotiation, so it is possible that, in addition, prices get higher. For this reason, it is known as the "seller's market": because the market is more favourable to them.
...continue reading "Tips for Buying a Home in a Seller’s Market"
Buying a home is an exciting step in life. It will be our home for a long time, perhaps forever, and the decision must be made by analyzing every detail. On one side, the house must fulfil our tastes and needs. But on the other, we find ourselves limited by a budget according to our salary.
...continue reading "How to choose a house according to your salary: everything you should have in mind"