Property in Andorra
Buying Property in Andorra
How much can I borrow & what proof of income is required?Please note, that there are no self-certification/non-status mortgage facilities available in Andorra, although renting out your property is permitted.
Unfortunately in Andorra the Lenders will NOT take any proposed Rental Income from the property for mortgage purposes/repayments into consideration.
At a Glance - Property Buying In Andorra
- Max 70% Loan to Value (LTV)
- 30 Years max term
- €30,000 min loan
- Repayment mortgages only
- Variable rates of interest in Euros
Your loan is based on your joint net take home pay and is calculated on an affordability basis.
If you are looking for more information on investment property, why not click on one of the links below?:
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
The above mortgage detail is for information purposes only as does not constitute financial advice under the Financial Services and Markets Act 2000.