+1500
new-build homes in spain
- Direct sales from developers
- installment, mortgage, payment in 3-4 payments
price from
€150 000
for homes in new developments
viewThis section explains how mortgages in Spain work: the interest rate, the role of the ECB and Euribor, what banks ask for, and how a mortgage for a non-resident differs from one for a resident. Articles also look at how many people buy with a loan and how many pay in cash in different provinces.
Before choosing a new build, ask a bank or a broker what loan size and terms you can get, and remember that the bank sets the loan against its own valuation of the property, so the rest comes from your own funds, plus taxes and fees. For an off-plan purchase, check how your stage payments and the final payment fit together. Banks change their terms and rates often, so confirm every condition with the bank itself. Questions about a specific project? Contact us.
Read also: Taxes and law, How to buy, Economy.
