Morgage
You can buy property in Spain with or without a mortgage. Spanish banks provide loans to non-residents, and you can buy an object with a mortgage of up to 60%. The company "SpainLuxInvest" helps its customers with obtaining a loan! Several options for obtaining a mortgage are possible: 50-60% of the cost at 2.7-3.6% per annum.
The acquisition of an object for 200,000 euros, it is possible even if you have only 128,000 euros.
For convenience, consider an example of acquiring an object for 200,000 euros. If the first installment is 50% - 100,000 euros, then you need to get a loan in the amount of 50% - 100,000 euros. If you take a loan for 25 years at 2.7% per annum, then the monthly installment will be approximately 500 euros.
When purchasing real estate when using a loan, an additional amount is required for the costs of paying tax for the purchase and registration of real estate: 10% (ITP) + 1-1.5% (registration) + 1% (lawyer services) + 1.5% (tax on new housing, if it is purchased not for the main residence or 0.1% - if for the main residence more than 6 months in a year) - a total of 12.5-14% of the value of the property indicated in the escort is obtained, therefore, with the price of the object 200,000 euros, an amount of approximately 128,000 euros will be required.
Therefore, to purchase an apartment or townhouse worth 200,000 euros, you need to have a minimum amount of 128,000 euros. The larger the down payment, the lower the monthly payments!
The maximum loan term is 20-25 years, provided that these 20-25 years expire before you reach 75 years at the time of the last loan payment.
IT IS NECESSARY TO CHOOSE AN PROPERTY AND IF MORTGAGE LOAN IS PROPOSED TO OPEN, OPEN A BANK ACCOUNT.
UNDER SPANISH LEGISLATION, THE MARRIAGE CONSIDERED IN A MARRIAGE MUST:
- MAKE A MORTGAGE LOAN IN SHARES AND OPEN AN ACCOUNT FOR TWO.
- TO PROPOSE REAL ESTATE ON BOTH OR OR SPECIFY THE CONDITIONS ON WHICH ONE OF THE SPOUGES DOES NOT PARTICIPATE IN THE TRANSACTION.
CHILDREN MAY BE PURPOSED ONLY OF PERIODS OF MORTGAGE LOAN IN THE AGREEMENT TO GUARANTEE THE PAYMENT OF THEIR SHARES - FOR CHILDREN IT IS SUITABLE FOR RECEIVING A MULTI-YEAR FOR 2 YEARS.
MULTIVISA GIVES THE RIGHT TO STAY IN EUROPE FOR HALF A YEAR. ALSO MAY BE PURPOSED TO AGREEMENT OF PURCHASE AND SALES AND OTHER COMPANION OWNERS, ETC. THE FOREIGNER NUMBER MUST HAVE EACH OF THE OWNERS OF THE PURCHASED REAL ESTATE.
In Spain, you need to file documents for the NIE with the police and the personal presence of the petitioner is required:
TO GET A FOREIGNER NUMBER IN SPAIN, YOU NEED TO HAVE:
1. PASSPORT.
2. REAL ESTATE RESERVATION CONTRACT
3. EXTRACT FROM THE BANK ABOUT THE DEPOSIT DEPOSIT (DEPOSIT).
Before submitting documents to NII, it is necessary to conclude a preliminary contract for the sale of real estate and make a deposit through a bank account.
4. FILL IN THE SPANISH LANGUAGE WITH PASSPORT DATA AND THE PURPOSE OF OBTAINING A FOREIGNER NUMBER.
5. Photos 3x4
6. Paid receipt for duty.
Mortgages in Spain are issued to non-residents on the following conditions (from the minimum amount - value or property valuation): 50-60% at 2.7-3.6% per annum.
The term of the mortgage depends on the age of the credited and can be issued up to 75 years of age at the time of the last payment.
Documents for the Mortgage that you need to provide:
+ Passport with a valid visa, Russian passport
+ NIE (foreigner number), issued in Spain - WE WILL APPLY DOCUMENTS AND GET YOUR NUMBER after signing the contract and making a deposit or NIE can be issued at the Consulates of Spain in any country.
For employees:
! Certificate from the place of work about the position held, length of service and salary, indicating a permanent contract. The certificate of employment must indicate the activities of the company.
Certificate in the form 2NDFL for the last 1.5-2 years (the certificate must be confirmed translated into Spanish and certified with the seal “Apostille”). If the salary was paid to the account, then you need to provide an extract from the bank with the seal of the bank. The certificate of employment and 2NDFL must contain the amount of wages (4 TIMES MORE THAN MONTHLY PAYMENT) and it should be identical in both certificates.
An employment contract (contract) or an appointment order. (Not all banks require this)
Any other documents confirming income other than labor (for example, income from rents, fees for services rendered, etc.)
If there is, a declaration of income (form 3NDFL), for example, in the case of the sale of real estate
Credit history - You can get it at any credit history bureau in your locality.
REFERENCE FROM THE BANK - ABOUT THE AVAILABILITY OF A SETTLEMENT ACCOUNT WITH DATA: OPENING DATE, DEBIT, CREDIT, DEPOSIT OF MONEY, THEIR MOVEMENT AND NO INFRINGEMENT ON ACCOUNT OPERATION. You can provide a bank account agreement - cash settlement services from banks in which your accounts and statements on these accounts are open, letters of recommendation from banks, statements on deposits, account movements, etc., confirming the “creditworthiness” of the client.
documents of ownership, their assessment