New Build Property for Sale Orihuela Costa
Tips for buying housing in Spain in 2017
With the housing market in full normalization and with the mortgage faucet open, 2017 aims to be a positive year for housing.
Are you thinking of buying a home in Spain in 2017? Things are much better than years ago. The current moment allows us to have room to manoeuvre both to choose different types of housing, and to access financing conditions that virtually disappeared from the map during the economic crisis.
If you are buying a home in 2017, we recommend the following.
1. Take into account the houses with the greatest capacity to be revalued.
Regardless of whether the housing is intended for investment, we must analyse the prospects for growth and revaluation of the area and property. We are at a time when the investment in housing is the most profitable of how many can be done, but it is worth analysing if this profitability can be greater.
2. Look for the mortgage loan that suits you best.
The current situation offers favourable mortgage conditions for the buyer. Take them.
3. Remember that the monthly mortgage payment should not exceed 30% of the household's net income.
Although expanding the search field in higher priced properties will make us find better options at all levels, we must be careful not to borrow in an amount that we cannot pay.
4. New build or resale property? Property for investment?
The use of each dwelling will answer this question. A new home will serve us if we want to live or spend a lot of time in it, while a renovated home may be ideal for a beach property that we want to make a profit through rental.
5. Consider the location before you buy.
Whether it is to live or to rent, factors such as the existence of public transport, green areas, the proximity of shops or educational centres will always keep your investment up.
Complete Spanish Property helps you find new build property for sale in Orihuela Costa.
At Complete Spanish Property we try to make your approach to the Spanish real estate market as smooth as possible. Our advice is to listen to the needs and requirements you may have. If you are considering buying a property on Orihuela Costa, Costa Blanca or Costa Calida, check out our portfolio of properties. We are sure we will have the property you are looking for.
Contact Complete Spanish Property and soon you will be enjoying your dream home in a wonderful place to enjoy life and feel energized and rejuvenated.