2018: Young people with more opportunities in real estate

2018: Young people with more opportunities in real estate

Spanish youth have more opportunities to homeownership for 2018, as the government has provided help in buying a home and help the entire real estate sector by creating a new group of people who join the market.

If you have 35 years or less, you can send the application and choose the plan that wants to incorporate the government to give aid to 10,800 euros for the purchase of a home. Another prerequisite, and more challenging for young people is that they should earn more than 1,597 euros per month for the application can be viewed and approved by the competent authorities that the government provided for it.

The State Housing Plan 2018-2021 which was presented being debated by the autonomous communities and the private sector to incorporate any changes that are seen with good eyes for the sectors involved.

This plan does not give more than 20% of the floor to be purchased and although this is not yet clear, it is certain that the aid will depend on the price and staggered floor and salary of the young, among others.

Rental assistance

For young people who want to rent, also the government will aid would be up to 600 euros per month and could become 900 euros, but to reach this figure should be very well justified cases to be duly approved, but have not been given details of such cases.

An important consideration to qualify for this benefit point is the wages of young professionals, as this helps to get the candidate must win more than 532.51 euros and less than 1,597.53 euros per month, equivalent to a maximum of 22,365.42 euros per year depending on the payments in any case should not exceed these numbers or not eligible for assistance.

Other conditions relate to the young man who enlists the aid must destine to habitual and permanent residence, which means that in the case of purchase, you can not sell it at a minimum of five years and, if so, You will have to repay the subsidy or state aid. For rent, you must reside in the home for the time aid, which implies a maximum of three years.

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