The Euribor is eating me up. Can I sell my home and buy another one taking advantage of the Government's aid?
Readers send their questions to EL PAÍS housing clinic in collaboration with Legálitas
The Spanish government's assistance programs for buying a home are designed for first-time buyers. If you sell your current home to buy another one, you won't qualify as a first-time buyer and therefore won't be eligible for these aids. The Línea TU CASA, a 50,000-euro loan, is one such program, but it requires the buyer to be a first-time homeowner and typically under 35 years old, although some regions extend this limit to 40.
Selling your current home doesn't change your status as a previous homeowner, making you ineligible for these assistance programs.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
