Why 2025 looks set to be a good year to take out a mortgage in Spain

Europe

After years of cripplingly high interest rates, experts foresee this will be the year when APR rates drop below 2 percent in Spain, as banks battle to get customers in a competitive climate where Spaniards have a now-or-never attitude to buying homes.

After years of cripplingly high interest rates, experts foresee this will be the year when APR rates drop below 2 percent in Spain, as banks battle to get customers in a competitive climate where Spaniards have a now-or-never attitude to buying homes.