Spanish Mortgages For Non Residents

Your Key to Owning Property in Spain

At Worldwide Property Co, we specialise in Spanish mortgages for non-residents. Our tailored mortgage solutions simplify securing your dream home or investment property in Spain. With our expert team guiding you, you’ll navigate the Spanish mortgage market with confidence and ease.

WHY CHOOSE US FOR YOUR SPANISH MORTGAGE?

Expert Guidance: Our experienced advisors understand the Spanish mortgage market and will guide you every step of the way.

Tailored Solutions: We offer customised mortgage plans that cater to your specific needs and financial situation as a non-resident.

Competitive Rates: Benefit from our strong relationships with leading Spanish banks to secure competitive interest rates.

Comprehensive Support: From consultation to property valuation and final approval, we provide support throughout the mortgage process.

The Mortgage Process

1. Initial Consultation

Discuss your property goals and financial situation with our experts.

2. Pre-Approval

Obtain a mortgage pre-approval to strengthen your property negotiations.

3. Property Valuation

Arrange for an official property valuation through our network of certified professionals.

4. Mortgage Application

Submit your mortgage application with our assistance, ensuring all requirements are met.

5. Approval and Closing

Finalise your mortgage approval and complete the purchase with the support of our legal and notary partners.

For more detailed information about the buying process in Spain, please check out our guide for How To Buy Property in Spain.

Our Services for Non-Resident Mortgages

Eligibility Assessment

We assess your financial situation to determine your eligibility for a Spanish mortgage.

Loan-to-Value Ratio

Our non-resident clients typically receive up to 70% of the property’s value.

Interest Rates

We work to secure favourable interest rates, helping you manage your investment costs.

Documentation Assistance

Our team assists you in gathering and submitting all necessary documents, including proof of income and bank statements.

Legal and Notary Services

We connect you with trusted legal and notary professionals to handle all legal aspects of your property purchase.

Insurance Services

We help arrange required life and home insurance policies, ensuring compliance with Spanish mortgage regulations.

Exchange Rates

If your income is in a currency other than euros, we can help you lock down favourable exchange rates using our trusted foreign exchange service partners.

Ready to take the first step towards owning a property in Spain? Contact us today to schedule your consultation with one of our property experts.

Frequently Asked Questions

Can non-residents get a mortgage in Spain?

Yes, non-residents can obtain a mortgage in Spain. We specialise in helping non-resident clients secure mortgages with favourable terms.

What documents are required for Spanish mortgages for non residents?

Typically, you will need proof of income, bank statements, identification documents, and possibly an NIE number.

What is the typical down payment for a non-resident mortgage?

Non-residents usually need to provide a down payment of 30-40% of the property’s value.

How can exchange rates affect my mortgage repayments?

If your income is in a currency other than euros, fluctuations in exchange rates can impact your mortgage repayments. We offer guidance on managing these fluctuations and can help you lock down favourable exchange rates using our trusted foreign exchange service partners.

Is insurance mandatory for a Spanish mortgage?

Yes, most Spanish banks require life and home insurance policies as part of the mortgage agreement. We help arrange these policies to ensure compliance and protection.