Mortgages for any type of villa
or apartment may be obtained from any of the local
banks in Spain. Alternatively you may choose to
take a loan from home or to pay the entire amount
at once. But mortgages are a great way to finance
the purchase of property in Spain. Banks offer
mortgages up to a maximum of 80% for residents
and 75% for non-residents. All you need to do
is provide the bank with proof that you can meet
the monthly payments. The bank verifies this by
making sure your total monthly payments to be
made should not exceed 35 % of your net monthly
disposable income. The banks also take a look
at your last pay checks and s60 document. So you
need to have copies of all relevant documents
with you at this time.
To sanction your loan the bank sends its assessment
agent to your house or property, this costs more
and must be paid by you at the bank before the
due date of evaluation. A good idea would be to
open an account in a bank which has net-banking
and phone banking facilities so you can keep track
of your funds and payments. The entire process
of obtaining a mortgage from a bank takes an average
of five to seven weeks to the funds being available.
After this you need only make the monthly payments.
In the Costa del Sol region houses close to beaches
as well as those in the interiors and villages
are available for sale or rent in Malaga, Nerja,
Torremolinos, Marbella and all major costal and
interior areas. Villas and apartments may be rented
on the Costa Blanca in the south of Alicante,
and all along the coast, for beach front villas.
The Costa Brava region of Spain offers a large
choice of houses along the coast as well as a
few in the villages in the interior region. Luxury
villas are available for rent or purchase in Barcelona
and Girona cities.
Other Useful Information
Airports
Airports in Southern region of Spain cater to almost 15 million visitors a year. The major international airports Alicante, Malaga, Almeria, Sevilla, Jerez and Granada are easily accessible by all public transport, while Cordoba is the national airport with no regular scheduled or charter flights, but still popular for general aviation.
Apartments
Apartments in Spain rented or purchased along the coastal line as well as next to many of beaches offer you all types of apartments that suit your budget with wealth of additional services. The apartments are clean, well maintained, have communal swimming pool and basic utilities like gas, water and electricity for all their guests.
Hotels
Spain's well organised network of hotels with quality ratings makes it easy to find a hotel which suits your taste and budget. They are quality establishment, not compromising on the quality and service and are located all over the country and able to respond to any demand or possibility.
Property
Many non residents in Spain invest in real estate like villas, apartments, or motels. They rent out their places since they do not live all year round. The demand for renting for villas and apartments is increasing day by day as there are number of tourists are discovering Spain's beauty.
Travel
To discover Spain's diversity, walk through any of the Spanish city leading you past Moorish fort, tapas bars or parks with guitarists practising. Take a hike, explore the walking trails, discover the abundant wildlife or just sit outside any cafe, enjoy a coffee and watch the world go by.
Villas
Villas in Spain can be rented all through the year at reasonable rates. The rent of the villas varies with villa size, style, length of stay, number of people, utilities, and any additional features such lawn, terrace, etc.
