Mortgages in Spain
How to get a home loan for Spain

Mortgages or home loans (hipotecas) are available from most Spanish banks (for residents and non-residents), foreign banks in Spain, and overseas and offshore banks. In recent years, Spanish and foreign lenders have arranged a record number of spanish mortgages, the average amount borrowed being around 250000

The amount you can borrow depends on various factors such as your income, trade or profession, whether you’re an employee or self-employed, and whether you’re married, and if so, whether your partner works. Lenders may also have a maximum lending limit based on a percentage of your income, but this isn’t required by law.

Most banks offer mortgages of up to 8 per cent, although non-residents can usually borrow a maximum of 60 per cent only. To obtain a mortgage from a Spanish bank, you must usually provide proof of your monthly income and major outgoings (e.g. loans or commitments). There are no self-assessment mortgages such as in the UK and mortgages without proof of income (although advertised in the expatriate press) are difficult to find and virtually non-existent. If you want a Spanish mortgage to buy a property for commercial purposes, you must provide a detailed business plan in Spanish. Note that a mortgage can be assumed by the new owner (called subrogación) when a property is sold, which is a common practice in Spain.

La Vida Mortgages on the Costa Blanca in Spain can give you all the expert advice you need for your property purchase in the Costa Blanca region of Spain

Bali Island is a shopper’s paradise, the perfect holiday destination, a tropical paradise with a unique blend of modern tourist facilities. Some of the best surfing beaches in the world can be found on the western side of the island whilst conversely the eastern side is a wonderful haven for families, with beautiful white sand beaches and gentle seas. Bali has it all.

Sanur is situated on the eastern coastline of Bali and protectedby a coral reef. The waves are much gentler and best known as the holiday place for the whole family and honeymooners alike. Sanur has some of Bali’s most ancient temples in the Blanjong area which according to its inscriptions date back to AD 914. Sanur is also home to the famous Le Mayeur Museum, the former home of the Belgian painter.

Sanur is one of Bali’s biggest traditional villages but it’s also one of the most established tourist areas. Fine hotels, restaurants and modern entertainment venues compliment traditional village activities like drama and dance, so it’s a good place to enjoy the delights of a tropical island and gain a real appreciation of Balinese culture and local life.

Several villas in Bali also located around Sanur area. Usually villas in Sanur have their own swimming pool or plunge pool, from One Bedroom Villa, Two Bedroom Villa, Three Bedroom Villa, Four Bedroom Villa or Family Villas Bali like Five Bedroom Villa and Six Bedroom Villa as you like area available in Sanur. For booking Bali villas in Sanur just go for one of well known company with its network of Bali villas. www.balebali.com operated by Bali Villas Network will help you to find all your villas needs.

Bags Reviews