Buy your home in Spain in 2025: manage your mortgage with Gogo Estates

Buy or rent: how to decide in 2025 and manage your mortgage with Gogo Estates

The decision between buying or renting a home is key to your financial stability. In 2025, with the 12-month Euribor around 2.374% , it's essential to understand the advantages and disadvantages of both options and how to manage your mortgage if you decide to take the plunge.

In many Spanish cities and towns, the monthly cost of a mortgage can be lower than rent for a similar property. The shortage of rental property has driven up prices, making it more affordable for many people to pay a mortgage payment than a high monthly rent.

Advantages of buying a home

• Long-term investment: Homes can appreciate in value over time.

• Stability: Complete control over your home without depending on third parties.

• Competitive mortgage terms: With the current Euribor, your installments can be attractive and tailored to your budget.

Disadvantages of buying a home

• High initial costs: down payment, taxes, notary fees, and other associated costs.

• Long-term financial commitment: Mortgages involve a stable commitment.

• Maintenance and additional expenses: Repairs, insurance and taxes are the owner's responsibility.

Advantages of renting a home

• Flexibility: Easily change your residence if your personal or work situation requires it.

• Lower initial costs: Only a deposit and the first month's rent are required.

• No maintenance responsibility: Repair costs are the owner's responsibility.

Disadvantages of renting a home

• You don't generate your own investment: Rent payments don't contribute to an asset.

• Uncertainty in rent: Contracts may have periodic increases.

• Limitations on customization: Improvements or changes to the home are not always possible.

We manage your mortgage and help you buy your home

At Gogo Estates, we not only help you find your ideal home, but we also manage your national mortgage , advising you so you can make the best financial decision. Our team will guide you throughout the entire process, from selecting the property to signing your mortgage loan.

For more information and personalized advice, contact Ronald Goosen :
  615 282 151
  hello@gogoestates.com

Don't let financial worries stop you from achieving your dream of owning a home. With Gogo Estates, buying your home in Spain is easier than you think.

National mortgage Buy property Rent vs buy Real estate advice Properties in Spain

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