Spanish mortgages to purchase and refurbish
So, you have had a good look around and now you know exactly where you want to live in Spain. The area has everything you wanted, including shops, bars and restaurants nearby and it’s only a short drive to the Mediterranean coast. That is part 1 of the dream achieved, but what happens if you cannot find your dream home in that area? Do you sacrifice location to find a house you like or do you sacrifice the house to live in the area you have fallen in love with?
Last Key-Ready New Build Villa in Marabu Lagoon
There is only one remaining new build villa available in Marabu Lagoon, so now is definitely the time to make your move. And to make things a little easier, we’ve done a true illustration of the cost of buying this spectacular key-ready villa, which is on the market for €369,000. We have used mortgage products available today for the simulation and calculations are also valid for similar properties with the same market price. Read more to see what your monthly repayments and total outlay could be to secure the last of these beautiful modern villas.
Mixed-Interest Mortgages in Spain
When it comes to purchasing a property in Spain, finding the right financing option is crucial. In the current interest rate scenario, mixed-interest mortgages have emerged as a popular and convenient solution for homebuyers in Spain.
Variable or fixed rate mortgage?
Variable and fixed rate – the key facts! Most Spanish lenders now offer foreign borrowers a choice of variable and fixed rate deals. Unsure what the difference is and which would work best for you? Here is Hipoteken’s snapshot guide to choosing between these two types of mortgages. It’s a decision all overseas buyers will […]
Mortgage simulation for a Tenerife apartment
Hipoteken’s monthly mortgage model Unsure whether you could afford a mortgage? To help you budget, we’ve done a true illustratrion of the cost of buying a Spanish property using products available today. For this month’s example, we’ve picked an apartment in Tenerife, Canary Islands, on the market for €235,000. Read on to see how affordable […]
Understanding commonly used mortgage terms in Spain
Understanding Commonly Used Mortgage Terms There are many terms that are commonly used in the mortgage and property world. If you are unsure what they mean, it can make mortgages seem tricky and confusing to navigate. We have created a glossary of key mortgage terms to make this easier for you: 1. Loan-to-value (LTV) This […]
Mortgage simulation for a Torrevieja new build property.
Hipoteken’s monthly mortgage model Unsure whether you could afford a mortgage? To help you budget, we’ve done a true illustration of the cost of buying a Spanish property using products available today. For our example, we’ve picked a stunning apartment in Torrevieja on the market for €195,000. Read on to see how affordable your monthly […]
