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Mortgages: 12% of requests come from foreign citizens

Posted: 7 November 2018

Mortgage applications presented in Italy by foreign citizens are increasing.

According to an analysis by Facile.it and Mutui.it, in the first 10 months of 2018, the percentage of foreign borrowers has been equal to almost 12% of the total, with an increase compared to the same period of 2017, when the figure was less than 10%.

The average amount required by the aspiring foreign borrowers fell to 117.340 euro (-1.2%), and the average value of the properties to be purchased stabilized at 157.281 euro (-7.2%).