Homevest

Natalia Dominguez, International Buyer's Manager at UCI (Unión de Créditos Inmobiliarios), has extensive experience in non-resident mortgages. She shared valuable recommendations for applicants seeking financing in Spain, starting with UCI's criteria for an ideal mortgage candidate. Natalia has reviewed hundreds of mortgage applications and customer profiles. A great mortgage candidate typically has a stable, consistent income and low debt in their home country. One common mistake when applying for a mortgage is not checking your credit rating in your country first. Read Natalia's full recommendations in the latest Homevest Digest. 👇 Find the link in the comment section below:

Our seventh Homevest Digest just went out, and we’re discussing why Madrid is one of the top cities in the world to call home. We covered: ▪️ The property market in Madrid ▪️ The best places to buy property in Madrid ▪️ What makes a great non-resident mortgage candidate: insights from Natalia Dominguez, UCI ▪️ Mortgage rates in Spain for non-residents Explore the latest Homevest Digest at the link in the comments ⤵️

If you’re compiling your summer reading list, don’t miss these recommendations from Petru, our Homevest co-founder. He has shared some interesting book suggestions on start-up.ro 💡

The cost of living in Madrid is more affordable than in other European cities like London, Paris, or Amsterdam, and this affordability extends to property prices. It’s no wonder Madrid is one of Spain’s top cities for foreign buyers. There are over 20 districts to choose from—some more expensive than others, some closer to parks or museums. The city center, for instance, is ideal for those seeking convenient transport, job opportunities, and a vibrant expat community. Swipe up to see a selection of neighborhoods. For more insights, find the link in the comment section below:

A fixed-rate mortgage might be ideal if you value the predictability of fixed monthly payments and are looking for the lowest available rate. The best average mortgage rate in our dataset for May was 2.80%, a slight decrease from April's rate of 2.98%. This rate was for a fixed mortgage from Sabadell, on a property in Sevilla, with a 70% LTV ratio, offered to a Spanish citizen living in The Netherlands. ➡️ The latest Homevest digest featuring the most recent Spanish rates is out, and you can check it out here: https://lnkd.in/eaY9Mx_G

Our sixth Homevest digest will go out this week, and it’s all for non-residents seeking financing in Spain. Some of the topics in the future digest include the latest Spanish mortgage rates, one of the most affordable coastal areas in Spain to buy properties and other interesting real estate insights. Make sure to subscribe at the link in the comments ⤵️

The National Institute of Statistics (INE) reports that property sales in 2023 reached their second-highest level in over 15 years. With property prices generally lower than in many US cities, Spain is an appealing choice for many buyers. The average house price experienced a 4.5% increase from the previous year, indicating a healthy and growing market. A mortgage could be a strategic option to expand the property budget and enhance the return on the initial investment. Luckily, US citizens have several choices among Spanish banks as long as they demonstrate their eligibility and ability to repay the loan. For more insights, follow the link in the comments.  

Choosing the best Spanish mortgage as a non-resident can take more time and effort, especially when you’re unfamiliar with the market and are used to a different banking system. How can you choose the best mortgage in Spain to buy a property from the US? We’ve reviewed the best mortgages in Spain that are currently offering financing for US citizens. We’ve included all the information needed - interest rates, best use cases, pros and cons to help customers make an informed decision. ➡️ Continue reading more details: https://lnkd.in/eVvprpsm

🇪🇸 Second day at SIMA - Salón Inmobiliario We're meeting with some of the Spanish developers to learn about the latest builds on the Iberian Peninsula. This is also a good opportunity to analyze potential collaborations and options for our clients.

First day at #PROPTECHEXPO2024 at SIMA - Salón Inmobiliario, and we’re learning about the current situation in Spain and the financing and investment in this field. It’s a great opportunity to be in the same place with professionals from national and international companies!