Russians can get a mortgage in Spain for new buildings, secondary housing and bank real estate. Getting a mortgage for an apartment in a new building is the easiest way. Alegria specialists will help you obtain a mortgage in Spain: we will collect the necessary documents, select an object based on your budget and help you register the property.
Banks are quite loyal to non-residents, so Russian citizens, when purchasing real estate with a mortgage, do not need to attract guarantors and pledge the property. A loan can be issued to several people, even if they are not relatives.
Conditions of Spanish banks in 2020:
- Coverage up to 70% of the appraised value.
- Duration from 5 to 25 years.
- Interest rate 3.5 – 4%.
Requirements:
- Confirm financial security.
- The monthly payment should be a maximum of 35-40% of the net income of all mortgage holders.
- The borrower’s age at the end of the loan term can reach up to 65 years.
Our specialists check your documents in advance and assess your chances of getting a mortgage. You can get approval while in your own country. In any case, we prepare a package of documents in such a way as to increase these chances.
How we provide the service:
- we help you choose a bank, open an account and pay the down payment;
- we advise on what certificates you need to obtain to confirm your financial security;
- we translate documents into Spanish, legalize them and transfer them to the bank;
- we help pay taxes, fees and commissions during registration;
- We accompany you to sign the purchase and sale agreement and the mortgage agreement at the notary.
