Antes de tomar una decisión, se recomienda que compares diferentes opciones y explores las alternativas disponibles. La negociación es una práctica común en España, y la gran noticia es que no tienes que manejarla solo.
Before making a decision, it is recommended that you compare different options and explore the available alternatives. Negotiation is a common practice in Spain, and the great news is that you don't have to handle it alone.
As a non-resident, you can obtain a mortgage in Spain to buy a property at an auction. To do so, you'll need to meet the standard requirements for non-residents and provide all the necessary documents for your mortgage application.
Variable rates offer more flexibility and typically have lower prepayment penalties compared to fixed-rate mortgages. Read our guide on the best variable mortgage rate options in Spain, including information on fees, interest rates, and more.
In addition to the deposit, you should expect to pay taxes associated with your purchase. Explore insights on the deposit amounts and considerations when purchasing a property in Spain as a UK resident.
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