Normally you get articles on Mondays but today is a Tuesday post because it was my birthday yesterday and I decided to do no work. Now the truth is that December will mean not doing anything on many days because that is what happens in December in Spain. In this post we will tell you about the latest news from Valencia in terms of property, mortgages and inevitably, and unfortunately, Covid, news about holidays this month and our Golden Visa Property of the week too. We will also talk about illegality. Enjoy.
We have been asked many times about the process of getting a mortgage in Spain. Whether that is in regard to Valencia or any other parts of Spain it’s essentially a standard process. However, it may not be like the process of applying for and getting a mortgage in other countries so today we are looking at the process of getting a Spanish mortgage from start to finish.
We completed our first sale of the year today at the notary and also took a client to a second visit of a property they are very interested in up in Naquera. This week has also included the acceptance of an offer for a place in Valencia City for our highest ever sale price in the city.
We currently have three sets of clients here looking for the Spanish Golden Visa and their ticket into the Schengen area through purchase of property in Spain, one American couple, one Australian and our first British clients taking this route to maintain their freedom of movement (They didn’t previously need it of course)
The cost of buying a Valencia Property has just gone down if you are buying with a mortgage. Prior to last month if you got a mortgage with any of the Spanish banks then you had to pay not only the costs of the purchase, including the 10% property purchaseContinue reading
The vast majority of clients for Valencia Property that we see buy their property without a mortgage as often they have sold their property in their home country or another property in Spain and they are moving permanently to Valencia. However, there are times when we get asked about mortgageContinue reading
A blog post specifically aimed at British buyers today. Let’s not try to hide it away, Brexit has been a disaster for buyers of Spanish property from the UK. The spending power of the pound has been more than decimated and British buyers are looking to whether there will beContinue reading