One of the first aspects we have to take into account before we start looking for a home is to have an indicative budget to invest on it. ATIPIKA Barcelona would like to give you some advice to help you on this difficult decision.
“No one should invest an amount equivalent to more than four years of their annual income in a house” claims Fernando Encinar, cofounder of ‘Idealista’. So, multiply by four your gross annual income and as a result you will have the amount of money that is safe for you to invest in a house. This piece of advice is endorsed as well by the ‘Asociación Española de la Banca’ (AEB).
When talking about mortgages, experts recommend that it should not exceed 30% of the annual income, although banking institutions advise that it should not be more than 25%.
Last but not least, we advise you to calculate the amount of money that you will pay to the bank – nowadays we have plenty of online tools to do so, the only things that you will have to take into account are: the amount borrowed, the interest rate and the years that will be needed to pay this debt. If you do this for us, we will be able to offer personalized proposals that fit you and your situation.
In ATIPIKA Barcelona we have a wide and attractive real estate product portfolio, permanently updated, which we adapt to your expectations. We want to offer you the house of your dreams, a home where you are comfortable and that satisfies all your possible needs. Contact us, tell us about your situation and our team of experts will find what you need.
