News: Costa Blanca mortgage lending up in May
According to the latest data from the National Institute of Statistics (INE), a total of 29,012 home mortgages were taken out in May, for which the banks loaned an average capital of 113,645 euros.
Home mortgage loans in Spain increased by 9.2% in May, while new mortgages registered in the Costa Blanca region amounted to 1,372, representing an increase of 19,7% compared to May 2016.
Further positive news is that while previously mortgage rates varied significantly from region to region, May saw an upward trend in loans in all of the 17 Spanish regions. This means that more credit is being extended to house buyers in all Spanish regions this year.
The Euribor remains the major type of reference, as it was used in 94.4% of the contracts.
If you are looking to buy property on the Costa Blanca, talk to us today! We can help you find what you need in Torrevieja, Orihuela Costa, Pilar de la Horadada and more.
Featured Properties
-
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: D1707 74m2 2 2 -
109.900€99.000€Apartment - Resale
Spain - Alicante / Costa Blanca South - Los Balcones, Torrevieja - Los Balcones
Ref.: D1747 74m2 2 1 -
650.000€595.000€Penthouse - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: D2332 76m2 2 2 -
Town House - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1365 78m2 2 2 -
Semi Detached House - Resale
Spain - Alicante / Costa Blanca South - Torrevieja - Los Balcones
Ref.: D3539 95m2 3 2 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Torrevieja
Ref.: 1706 48m2 1 1 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1627 70m2 2 2 -
Villa - Resale
Spain - Alicante / Costa Blanca South - La Zenia
Ref.: D1488 306m2 4 3 -
425.000€398.000€Semi Detached House - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: E1699 350m2 5 4 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1361 68m2 2 1 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1359 76m2 2 2 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Torrevieja
Ref.: D1730 80m2 3 2 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1358 60m2 2 1 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: E3383 70m2 2 1 -
Luxury Villa - Resale
Spain - Alicante / Costa Blanca South - Campoamor
Ref.: D7770 573m2 5 5
Latest properties
-
Town House - Resale
Spain - Alicante / Costa Blanca South - Los Altos
Ref.: 6166 46m2 3 2 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1368 71m2 2 1 -
Villa - New build
Spain - Alicante / Costa Blanca North - Alfaz del Pi - El Albir
Ref.: ON1816 3 2 -
Town House - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1365 78m2 2 2 -
Apartment - New build
Spain - Alicante / Costa Blanca South - Pilar de La Horadada
Ref.: ON1815 66m2 2 2 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Playa Flamenca
Ref.: 1364 72m2 2 1 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Torrevieja
Ref.: 6165 53m2 1 1 -
Villa - Resale
Spain - Alicante / Costa Blanca South - Torrevieja - Aguas Nuevas
Ref.: 1814 480m2 4 4 -
Luxury Villa - New build
Spain - Alicante / Costa Blanca North - Finestrat
Ref.: 1813 309m2 3 3