Further to my previous article, Expat Finance - Save Thousands, which mentioned the benefits of euro mortgages, I found another article in The Times the other day that pointed out that even these are not immune to the current credit problems.

“THOUSANDS of British people with second homes abroad are the latest to face a payment shock following the global credit crunch, as lenders across Europe raise their rates and tighten up their criteria.”

For the full article click below:

Loans Shock On Foreign Homes - The Times

If you are looking to purchase or rent a property in Almerimar please visit our sponsors Mirror of the Sun and Mediterra

Almeriamar is located in the provence of Andalucia, Spain. The nearest airport is 30km away in Almeria. Other airports that are within 3 hours include Malaga, Murcia, Granada, Alicanti. Other holiday resorts in the region include Mojacar, Aquadulce and Roquetas