Find a Spanish property bargain with international mortgages

Fri, 06 Jan 2012
International mortgages may be used by property investors eager to land themselves a bargain in Spain.

Indeed, new research from Kyero.com - a Spanish property portal available in seven different languages - has shown that foreign buyers are increasingly on the lookout for a good deal when it comes to homes in the European nation.

According to the study, 47.3 per cent of enquiries for dwellings in Spain made via email between July and December last year fell within the £50,000 to £100,000 price range.

International mortgages are therefore likely to help prospective buyers who are looking to get the best possible deal for their outlay.

Marc Pritchard, sales and marketing manager at Taylor Wimpey Espana, noted the Kyero.com report offers a useful insight into the Spanish housing market.

The industry figure added: "In 2012 it is important to look at trends in buyer behaviour and the interest generated regarding Spanish property ."

In addition, the data revealed 31.6 per cent of enquiries related to apartments, while 32 per cent regarded three-bedroom abodes.
 
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