Financing
Secure financing adventages
The numerous international
Banks
have a high competition pressure on Mallorca. They have to be very flexible and have competitive prices when they give out real estate loans, which can make the financing of real estate a lot easier.
According to experience are
- up to 80% at a living real estate
- up to 60 % at business real estate
granted of the bank expert opinion of the real estate financing.
at a few living real estate (Apartments, Mansion and Fincas) up to 100 % of the purchasing price
Compare condition of a mortgage
Like everywhere else it is recommended on Mallorca to compare the conditions
Beside the intrest Eurobor + ? % is also the openening fee of a motgage variable.
Also the costs of the before maturity compensation at a early cancellation worth the comparison.
Comissions to offices which specializes in motgages are a exception on Mallorca. Normally the settlement comission is paid directly by the bank. Only in some cases (e.g. a low creditwothiness) the costs are not covered.
One way or another it is recommended on Mallorca, to nagotiate aggressively regarding the condition of the mortgage with the respective bank.
To find competent partners for the real esate financing
Many real estate companies have their own financing experts.
But also many bank independant financing mediator offer a good service.
Helpfull can be also on Mallorca
Laywers,
Gestorias (service offices) and the mortgage department of the
Banks are
Financing-Consultation through experts
You also have the possibility for a objective financing-consultation through experts (no law consultation) on Mallorca, for a fixed sum of € 300,- incl. 16 % IVA
Beside all important information you will also receive on going support for that fee.
Several banks will be recommended, all needed contacts mediated and the conditions compared. The conditions can be nagotiated with you together if you want, to correct them to the lower end.
Such services makes the nagotiation of optimal condition on Mallorca very easy.
If interested at the offered service please use the following link and send us your contact information with phone number connected with a concrete appointment proposal, than we will contact you by phone.
Thank you for your interest and Greetings from Mallorca
