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Off-plan buyers in Spain recover deposits

Off-plan buyers in Spain recover deposits

Overseas buyers who placed deposits on off-plan properties in Spain during the boom years of 1998 to 2008 now have an opportunity to recover some of their losses. Finally, a ruling by the Spanish Supreme Court in 2015 is being acted upon and it means that financial...

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Spanish mortgages Spring/Summer 2018

Spanish mortgages Spring/Summer 2018

The latest figures for the Euribor, the base rate used to calculate Spanish mortgages was at -0.188 in May 2018, putting it at 48% lower than in May 2017. Although the May rate is slightly higher than that in April, it still represents a saving for those who reset...

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Lowest rate for Spanish mortgages in 2018

Lowest rate for Spanish mortgages in 2018

The Euribor rate continues to fall this year, albeit not quite as dramatically as in previous years, and it means that property owners will reduce their monthly mortgage interest repayments. Most Spanish mortgages are based on the base rate of the 12-month Euribor. In...

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Money Corp

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