The coronavirus crisis is affecting the real estate market and particularly to foreigners who had made their purchase prior to the arrival of the pandemic. Most of those buyers are now in their countries of origin and unable to return to Spain because the borders are closed. Many are following the news and waiting for the Spanish authorities to announce when the borders will be open again, so they can...
What is a mortgage moratorium? It is the deferment of the payments for a mortgage for a period of time. The decree was approved on March 17, 2020. Royal Decree-Law 8/2020 was published, on extraordinary urgent measures to face the economic and social impact of COVID-19 (https://www.boe.es/buscar/pdf/2020/BOE -A-2020-3824-consolidated.pdf) If you are not Spanish and are thinking about applying for...
Compare listings
Compare
