Analyze the neighborhood
When deciding which house to choose, the area where it is located is a very important factor. For this reason, BBVA Valora is able to analyze the neighborhood in question and find out information such as how many properties there are in the area, how much they are worth and their average surface area. The service can also provide information on how many properties are for sale (as a percentage of total properties in the area), as the more properties there are available, the greater capacity and margin you will have to negotiate the sale or rental price. The function can also provide data on estimated price trends per meter squared in the neighborhood and the most common types of properties in the area.
Define an area on the map shown on your mobile, tablet or computer screen in order to see information on all the areas mentioned above. Once an area for analysis has been established, enter the address you want BBVA Valora to provide information on.
Do your numbers
Finally, within the feature that enables you to assess the value of your chosen property, BBVA Valora can calculate the impact that buying the property will have on your finances. Using the BBVA simulators and calculators, you can choose the mortgage that best adapts to your needs, see what the impact on your finances would be under different scenarios and find out what the costs associated with the purchase and mortgage would be.
Enter the following information in the tool in order to make your calculations and determine your financial capacity: your net monthly income, the town or city where the property is located, whether or not it will be your primary residence, the price of the home, the mortgage you require and the number of years it will take you to repay it.