17 Jul 2008 12:00 AM:
Hi Guys, i'm really looking for Smiley's help here but anyone with info will be greatly welcome &Â appreciated!
I'm looking at buying a Spanish Bar, but one with a sitting tenant on a 5 year renewable lease. Now I have heard that if you are not resident in Spain then you can only borrow 50%, and as I am still in the UK I am wondering if you can get similar to the buy-to-let mortgages were the amount you can borrow depends on what income you will get from leasing the bar rather than your own income. This is a very recent idea i have had so know very little about the whole thing so please forgive my ignorance!
As I said any help would be greatly appreciated...
Thread:
Can you get a Spanish 'Buy To Let' Mortgage???
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