Real estate property sales, long term rentals 




Cambio de casa (Change of home mortgage)

You may have been unable to sell your current Spanish property, but are desperate to buy another property you have seen. The good news is, we work with a bank that will lend 100% plus fees and taxes on the new property, provided that the loan size is not more than 60% of the value of the two properties combined (the one the clients own and the one they want to buy). In fact, we recently had a case approved where the client borrowed the cost of the new property, plus the fees and taxes (approximately 12%), plus an additional €20.000 to build a swimming pool.

Rustic land

Many poeple approach us if we can arrange mortgages for properties on rustic land. The answer is most definitely, yes! As long as the property is correctly registered with the land registry, we can lend 60% of the purchase price with 5 years’ interest-only and a 0% redemption penalty for partial surrenders (clients can pay off up to 99% of the mortgage in any one year). For Spanish fiscal residents, it may be possible to borrow between 70 and 80%.

For more details contact mortagedirect 

Oops! This site has expired.

If you are the site owner, please renew your premium subscription or contact support.