The Ultimate Homes Blog

The Spanish property market is hotter now than at any other time in the last ten years, and we are regularly asked about mortgage deals currently available, especially for non-residents. Many non-residents believe the mortgage process to be difficult, but it's not impossible. Most Spanish banks are happy to lend money to people living abroad, whether Spaniards or non-nationals. But it is important to know the ins and outs when borrowing to avoid unpleasant surprises. First of all, you are going to pay more Non-residents and Spaniards living abroad will pay higher interest rates than they would if they were resident here. A fixed-rate mortgage, the usual option in this case, around 2.5% for 20 years, and a variable rate, the fixed part added to the Euribor index is between 1.1% and 1.25%. Buyers will have to take out life and home insurance The reason non-residents pay higher interest rates is because they are buying a second home and will find it harder to meet some cond...

We are delighted to offer this modern penthouse apartment with a huge terrace and roof top solarium, with access to a communal swimming pool, outdoor picnic area, and padel tennis court, located in the area of Mutxamel (Muchamiel)  just 15 minutes from the center of Alicante. View of the complex from the pool The property is located in a gated complex with beautifully maintained gardens, communal swimming pool, picnic area and padel tennis court. There is vehicle access via electric gates and the property has a private parking space and store room. Picnic area and gardens This is a penthouse apartment in a 3 storey block. The road level is on the 1st floor so there is only 1 flight of stairs to the front door of the property. It is a bright and modern apartment with large patio doors from the living room and external, south-west facing windows in both bedrooms. Living Room leading to terrace The living room leads to an open, south-east facing terrace of some 30...