Costa del Sol property sales, rentals & management

Spanish mortgages

10% growth in Spanish mortgage activity

December 2, 2016
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According to figures released by the National Statistics Institute (INE) September saw residential property mortgage approvals rise in all of Spains 17 regions.

 

 

Continuing the positive trend of sustainable and stable growth in the Spanish property market over the last 18 months, there were a total […]

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Another month, another record low for Spanish mortgage rates

November 15, 2016
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The ninth consecutive month of negative rates, October saw another record low in Mortgage base rates in the Eurozone.

 

 

Euro Interbank Offered Rate, or Euribor which sets the rates from which Spanish mortgage repayments are calculated hit 0.069 in October, down from the previous months […]

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Low Spanish mortgage rates set to continue

October 19, 2016
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The record low Euro Interbank Offered Rate, or Euribor, and subsequent low mortgage rates which have been driving the Spanish property market recovery over the last 24 months are set to continue for at least a further two years.

The Euribor sets an average rate of interest from […]

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