Discover the best mortgage options for Galicia's unique property market. Expert advice for expats and international buyers.
Galicia, in the northwest of Spain, is a land of myth and magic. With its rugged coastline, emerald green valleys, and ancient granite architecture, it offers a distinct contrast to the sun-drenched south. The capital, Santiago de Compostela, is the final destination of the world-famous Camino de Santiago.
Galicia is ideal for those seeking a tranquil lifestyle surrounded by nature. Property prices are generally more accessible than in major cities or Mediterranean resorts. From traditional stone farmhouses (pazos) to modern coastal apartments, the variety is immense.
We have seen a growing interest in rural tourism properties and holiday homes in the Rías Baixas. Banks are open to lending to foreign buyers who can demonstrate a stable income, with LTVs typically ranging from 60% to 70% for non-residents.
"Galicia offers some of the best value-for-money property in Western Europe, combined with an unparalleled quality of life and world-class gastronomy."
Purchasing property in Northern Spain involves several key steps, from obtaining your NIE to signing the deeds at a local notary. Our team is here to guide you through every stage, ensuring you secure the best possible mortgage terms.