SPAIN – NEVER A BETTER TIME TO BUY

I hope you enjoyed our initial podcast with Ali from Urbytus.  Ali is keen to spread the word about EU Property Solutions around the communities in the Costa Del Sol to assist those suffering negative equity and mortgage debt.

Following our visits the general perception is that the Spanish Property Market has now bottomed out and we are beginning to see a rise in prices, all be it slowly and in the scheme of things not making a significant change to those who purchased 2005-2008.  However, this brings a new opportunity for investors to secure a home in the sun at an excellent price.

There is definitely not a shortage of properties available in Spain with 1.6 million properties being on the market at the end of 2014. Though the majority are in metropolitan areas there was still 311,000 properties for the sale on the  coast. Having visited the Costa Del Sol region on a now bi-weekly basis I’d suggest this number is rising.

Couple the availability of property with Spain now being one of the cheapest countries in the Eurozone for mortgage rates then it really is never a better time to buy in the country. Fixed rate mortgages can be obtained from as low as 2.05{8ffce72bfd1f9b3f5d8b0ef2230e543e76a5ce407a245cd6391b5bca5679dfbb} with the average rate now being 2.12{8ffce72bfd1f9b3f5d8b0ef2230e543e76a5ce407a245cd6391b5bca5679dfbb} which is cheaper than France, Portugal and Italy.

If you are interested in purchasing a property in Spain please contact EU Property Solutions today. Despite our main area of expertise being in negotiating property debt we have developed a great network who can assist in your Spanish Property. We have access to premier estate agents in the region, Spanish Independent Financial Advisors who can arrange the mortgage you require at the best possible rate and also legal professionals who can ensure the sale documentation is complete and all above board.

If you are interested in purchasing Spanish Property please contact EU Property Solutions today on +44 (0) 330 124 1230.

Also if you or anyone you know has a property debt issue in Europe please get in touch to arrange your free initial consultation.

James Bell

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