Public guarantees for mortgages for young people under 35
Saving has become a key obstacle preventing young people under 35 from accessing mortgages, especially in large cities and tourist areas.
Mortgages require prior savings to access credit, but this has become a significant barrier for young people under 35 in Spain.
The problem is particularly acute in large cities and tourist areas, where property prices are higher and make entering the housing market more difficult.
Public guarantees aim to facilitate access to first homes for this group, who face greater difficulties in raising the necessary initial capital.
On the Costa Blanca, a tourist region with high property prices, these measures could benefit young residents and local workers seeking to become independent.
Source: informacion.es
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