Overview

• The Basque Government's mortgage guarantee program will support first-time home buyers under 40 by covering up to 20% of loans exceeding 80% of the property value.
• Eligible properties must be primary residences within Euskadi, valued at €340,000 or less, including annexes such as garages and storage units.
• Applicants must meet strict criteria, including age, income limits (€50,400 for individuals and €86,400 for couples), and residency requirements in Euskadi.
• Exclusions apply to prior homeowners, except in cases of inheritance, divorce, or substandard housing that fails to meet basic habitability standards.
• The finalized decree has entered a public consultation phase, marking the last step before the program's official implementation.