One in three foreign home buyers in Spain finance their purchase
Idealist.com reports one in three foreign home buyers in Spain finance their purchase in our country, and two in three pay in cash. According to Engel & Völkers Finance Spain, the reason for this is that the mortgage offer is more competitive than what they can...
Fiera provides £14.9m development loan for PBSA project in Alicante
Amro Partners and Falco Capital have financed their joint student housing project in Alicante with a €17.5m (£14.9m) three-year development loan from Fiera Real Estate. The global asset management firm is making its debut into the Iberian market via the Article...
Together completes £3.5m unregulated bridging loan for a client’s exclusive holiday home in Mallorca
Property lender Together has provided a loan of £3.47 million for a customer to invest in an exclusive holiday home in Mallorca. The High Net Worth (HNW) customer, a property investor from London, wanted to raise capital to buy the impressive villa on the Spanish...
Mortgages available to buy in Spain
Planning to buy a property in Spain? You may need a mortgage to buy your dream home in the sun. Yourspanishmortgage.co.uk works with specialists to confirm your borrowing limits and rates and help you navigate the Spanish property market safely. We identify borrowing...
BBVA offering British people mortgages up to 2 million Euros to buy in Spain
BBVA is a large Spanish bank offering fixed and tracker rate mortgages to British people buying a home in Spain. The bank offers finance up to 80% of a property value and this can be for your main home and up to 70% for your second home. If the market price...
Largest banks in Spain 2023, by assets
Banco Santander was the largest bank in Spain as of September 2023, with total assets amounting to roughly 1.81 trillion euros. The other top contenders were BBVA and CaixaBank, with 758 and 500 billion euros in assets, respectively. Figures from Statista highlight...
UCI lowers Spanish mortgage rates and introduces 15 year fixed products
Specialist Spanish mortgage lenders UCI has lowered its rates and expanded its product range. The bank is now offering five-year fixed rates at 4.90% plus ten-year and fifteen-year fixed rates at 4.65%. These rates are available to British borrowers buying in Spain...
What is the process for buying a Spanish home and getting a mortgage to buy in Ibiza?
Buying property and obtaining a mortgage in Ibiza for British people is similar to the process for any other nationality. There are Spanish lenders keen to offer larger mortgages to buy in Ibiza. Research and Budgeting: Once you have spent time searching online...
Getting a Spanish mortgage arranged through a UK broker with Spanish banking contacts
If you want to buy a property in Spain the first thing to do is work out how much you want to spend and how much of a deposit you have. Also, assess your income and assets to work out if you can refinance a property in the UK to buy in Spain with cash. Some Spanish...
Spanish cities including Malaga, Madrid and Valencia voted top places to live
Three Spanish cities have been chosen this year as the best on the planet to live in for expatriates, but two other cities in Spain slip into the top 13. The Expat City Ranking 2023 includes 49 cities from across the globe. In 2023, Málaga (1st), Alicante, Valencia,...