Mortgages in Spain
Financing options for foreign buyers in Spain: availability, typical terms and the application steps.
Availability for foreigners
Select banks lend to non-residents, usually with a higher down payment than for residents.
Typical terms
Expect a loan-to-value around 50–70% for non-residents, with terms and rates set by the lender and profile.
Documents
Proof of income, bank statements and passport are standard; developers often have preferred lenders for off-plan.
Application steps
Get a pre-approval, agree the property, complete valuation, then sign the loan and complete the purchase.
Mortgage calculator
Monthly payment
€1,960
Loan amount
€400,000
Total interest
€187,955
Indicative calculation with an approximate market rate. Not an offer — terms are set by the lender.