Spain Real Estate News
When buying a second home, either for vacation purposes or as an investment, it may be necessary to apply for a mortgage, even if you already have one on your habitual residence. Banks grant them, although the truth is that the requirements for a second mortgage vary slightly. It is worth taking this into account.
...continue reading "Requirements for a Second Mortgage: What You Must Meet to Buy Another Home"
Last February, the Government approved a line of ICO guarantees for housing worth 2.5 billion euros. The goal is to facilitate access to housing for people who have difficulties in doing so. In this way, the guarantees will cover 20% of the value of the properties for which banks do not offer financing. Three months later, the initiative is already beginning to materialize.
...continue reading "News in ICO Guarantees For Housing: Limits on The Purchase Price and Participating Entities"
Access to housing is one of the biggest concerns of the moment, especially for the youngest, who see the moment of emancipation delayed or have to venture into a rental market with high prices. In this scenario, the ICO guarantee for mortgages aspires to help thousands of people achieve the dream of buying their first home.
...continue reading "ICO Guarantee for Mortgages: Who Can Access It and What Conditions Are Required"
Purchasing a home involves a high outlay of money and, generally, the need to apply for a mortgage loan. The offer of financial products is broad, but there are also differences between them. Therefore, before taking out a mortgage, it is advisable to analyse each of its clauses.
...continue reading "What to Look Out for When Taking Out a Mortgage: Keys to Getting the Best Deal"
Are you thinking about buying a home in 2024? With the beginning of the new year just around the corner, real estate investment is a topic that always generates interest and expectations.
2023 has been a year marked by high inflation rates and increased interest rates. This situation has translated into a decrease in purchase and sale operations. Despite this, housing prices have risen. In this scenario, the question may arise as to whether buying a house in 2024 will be a good decision.