Mar Menor Estate Agents | Europahus
Give us a call and we can talk! Contact us on +34 868 247 330 or +34 619 16 37 07

Take a look at our catalogue

Wide range of resale and new build properties.

Here is the complete catalog of properties we offer from EUROPAHUS. In it you will find all kinds of properties for sale, both used and new construction.

Whether you're looking for a house to settle in Spain, for holiday, a profitable investment or a property that allows you to settle in Spain, we offer an extensive range of properties to suit all needs and budgets.

Found 91 Properties

Found 91 Properties

Mar Menor Estate Agents

Mortgages for second homes: what do they offer and what we have to look for hiring

In the final stretch of summer and autumn start sales of second homes multiply. This has traditionally occurred, except the brunt of the housing and financial crisis.

In this 2016, after a few years of moderate and healthy recovery in the housing market and prices to pick up again the sale of second homes. The purchase is still very selective and mimics a similar pattern to the first home, as first focuses on the most Premium coastal areas and valued. For example, first near shorelines areas. What is difficult to solve, at least in the short term are macrourbanizaciones and remote areas, where two problems come together:

The first, which exist in areas offering higher quality, environment or location, sale always prevail in the latter.

The second, that most of these properties are held by banks, which are valued although the accounting provisioned much higher than the price they should have without substantial discounts (which would mean losses) is very difficult to be attractive.

Mortgages on the market

But all purchases hardly be possible without funding. Similarly, but even more timid, banks give mortgages to become second home. As a rule, they are not specific products are adaptations to their main mortgages with some stricter conditions.


Under these conditions limiting the user is clear about what they can finance. If we take into account the expenses incurred in the purchase (taxes, notary fees, management, ...) and have to pay, on average, about 30% of the value of new housing, such acquisitions require a cash reserve very important .

To all this we have time limits on the mortgage. Not usually a problem if a small second home value is acquired. Distribute 70% of it to an average of 25 years given as results assumable quotas, lest we forget, with low interest rates will rise at some point. But if the second home is the investment objective, bought for example in a large city if it can be problematic.

With all this, let's look very well financially that we will pay. We seek to do so as quickly as possible, provided that the fee, plus a margin of increase is affordable. A second home should be a supplement or an investment, never a financial problem.

If you are looking for housing in the Mar Menor trust the best of estate agents the area.

If you need advice during the purchase of your home on the Mediterranean coast of Spain, contact EUROPAHUS. You tell us what you have in mind, and we take care to provide as many options according to your budget and preferences.

In our web catalog you can find villas, apartments, townhouses, bungalows, and all types of properties you can think of on the Costa Calida and Costa Blanca. From Mazarrón to Denia.

Call us today!

view properties

Here you can find a selection of
our properties in Spain.

More Info bt

Subscribe to our newsletter and you can receive our special offers.

More Info bt

Property Map

See our properties located
on Google maps .

More Info bt


Iinformation about specific
areas and lifestyles.

More Info bt

Latest News View all news

The properties for sale in Torrevieja are to be enjoyed both in...

The properties for sale in Torrevieja that Europahus offers are selected to be enjoyed 365 days a year. You can convert your future properties into the family vacation home, or you can transform it into your private home. The reason for this is that Torrevieja has become, in recent times,...

Read more 7 Nov 2017
© 2017 Europahus ● Design: MediaelxLegalPrivacyWeb MapSold Properties TOP

Join Newsletter

Want to receive our latest properties for sale & special offers?