Houses for Sale in Spain

And The Banks Wonder Why People Hate Them

The Spanish property purchase is not overcomplicated but there are a couple of things that can get complicated at times. For example when you’re buying a property you buy it with clear title. What does that mean? Well, it means that the property has no debts on it when it is sold.

This of course means clearing the old mortgage. So the process is as follows. You get in touch with the bank a couple of weeks before the property purchase and you say;

Spanish Banks Trying to Corner the Market

One of the things that you learn when you have lived in Spain for a time is that things are not what they seem in many cases. This may well be why “Spain is Different” still holds true. What on the surface can seem a totally normal thing has millions of tentacles and subplots underneath. Today’s question is what are the banks doing? Now Spanish banks look safe and have not had the huge upheavals of the States or The UK. However there is something going on and I would like to make a few suppositions here as everybody loves a good conspiracy theory.

Spanish Banks – A Report on the Situation

Yesterday after working closely with some banks for a few weeks on some mortgages I thought it was time to give an update on what is going on and what is available. Watch the video right to the end and you will find out what we are getting for our clients at the moment.

Carcast About Mortgages and Price Drops in Spain

Video carcast about mortgages and price drops in the Spanish Property Market with special relevance to Valencia.

Quality Houses for Sale in Spain Will Always Sell

Sterling’s fall against the Euro coupled with high interest rates last year has placed a lot of British sellers into a position where they can accept, indeed in many cases need to accept, lower offer prices. An example would be that a property that somebody bought investing 200000 Pounds meant paying out between 290-300000 Euros. To recoup that 200000 Pounds the sale price could now be around 210-220000 Euros.

Banco de Santander Success Story

Banco de Santander has developed from a small regional bank to become one of the major players in European banking and the biggest bank in Spain over the last few years. It has now decided that it wants to dominate the European scene, starting with the UK, as it does the Spanish banking scene. In [...]

Banco Santander. A Major Spanish Success

Banco de Santander has developed from a small regional bank to become one of the major players in European banking and the biggest bank in Spain over the last few years. It has now decided that it wants to dominate the European scene, starting with the UK, as it does the Spanish banking scene. In [...]