GinsengBoostPowerBoostVitality
Sat Jun 08 2024
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7 answers
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How much deposit do I need to buy a house in Spain?｜For a Spanish mortgage, you will generally need a , with borrowing rates currently starting around 2% (lower for premium clients). “The maximum mortgage for non-residents is 70% of the purchase price or valuation, usually depending on which is lower.minimum deposit of 30% of the property's purchase price
Could you please elaborate on the deposit requirements for purchasing a property in Spain? When applying for a Spanish mortgage, how does the minimum deposit work? Also, what factors might affect the borrowing rates? Given the current rate starting around 2%, would it be possible for premium clients to enjoy even lower rates? Finally, what determines the maximum mortgage limit of 70% for non-residents, and how does it relate to the purchase price or valuation of the property?
