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Spain's ICO guarantee for first homes requires ten-year stay
Original: Aval ICO primera vivienda: 10 años de residencia obligada https:// smartlandlord.es/news/aval-ico- primera-vivienda-10-a
A new measure tied to Spain's ICO state guarantee for first-time homebuyers reportedly obliges beneficiaries to keep the property as their main residence for ten years. The rule, discussed on Spanish property forums and media, raises questions about flexibility for young buyers who may need to sell or move for work during that period.
Why now: The government-backed guarantee scheme for first-home buyers is under debate as details like the ten-year residency commitment become known.
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