Spanish Mortgages For Non-Residents

Finance your Spanish property with confidence

Spain has its own rules on how lenders assess non-residents, how off-plan purchases are financed, and what it takes to get approved quickly. We’ve arranged Spanish mortgages for international buyers since 2001 and know exactly how to navigate it so you don’t have to.

★★★★★

5.0 · Google Reviews

Access to French & international private banks

View Current Rates

No Obligation · Response within one working day

25+

Years arranging Spanish mortgages

70%

Maximum LTV for non-residents

48h

Mortgage approval subject to valuation

About our Service

Why international buyers choose us for Spain

Worldwide Property Company is an international property and mortgage brokerage founded in 2001. Our finance brokers specialise in Spanish mortgage applications for non-resident buyers — navigating lender requirements, documentation, and cross-border complexity on your behalf. Our clients include buyers from the UK, EU, United States, UAE, Hong Kong, and Singapore. Together we’ve helped them purchase across Spain — from the Costa del Sol and the Balearic Islands to Barcelona & Madrid.

We hold direct relationships with major Spanish banks and private banking institutions in Monaco, Switzerland, and Luxembourg, giving clients access to lenders and terms that most independent brokers cannot reach. For buyers with complex income profiles, high-value purchases, or requirements that fall outside standard lending criteria, this network is where we are most useful.

Current Rates

Spanish mortgage interest rates for non-residents

Spanish mortgages combine an initial fixed-rate period with a subsequent variable rate linked to the Euribor. The table below shows indicative examples based on a €500,000 mortgage for a non-resident buyer, as of May 2025.

Max LTV	Term	Rate From*	Monthly Payment**
70%	20 years	4.50%fixed 1 yr, then variable	€3,164
70%	30 years	4.49%fixed 1 yr, then variable	€2,991
70%	30 years	4.09%fixed 5 yrs, then variable	€2,413
70%	30 years	4.09%fixed 7 yrs, then variable	€2,413
70%	30 years	4.20% / 3.89%fixed 10 yrs, then variable	€2,567 / €2,473

* Fixed rates, indicative for May 2025. ** Based on €500,000 mortgage amount. Subject to lender eligibility and financial profile.

Use our Mortgage Calculator

Your rate depends on more than just LTV.
Let’s work it out together.

Spanish lenders assess non-residents differently. Your residency, income currency, deposit size, and property type all influence which lender is best placed to offer you competitive terms.

We identify the most suitable lender from our full network — Spanish banks and private institutions — and structure your application to maximise the outcome.

Most clients receive a personalised rate indication at their first conversation.

No Obligation · Response within one working day

Approval Process

Move fast. Get approved in 48h.

Move fast.
Get approved in 48h.

Mortgage approval subject to valuation.

Once your documents are submitted, we arrange formal mortgage approval subject to the lender’s independent valuation of the property — typically within 48 hours. The valuation takes around one week, after which the formal mortgage offer is issued and you can proceed to notary and completion.

Mortgage in Principle

We can also arrange a mortgage in principle beforehand — giving you a clear picture of your affordability before you begin your property search.

by Residency

How much can you borrow in Spain?

Spanish banks lend up to 70% LTV to non-resident buyers, with eligibility based on income, financial stability, and a debt-to-income ratio below 35% of gross income. The right lender depends on your residency — we have specialist access for each of the following residency profiles.

UK Residents – 70% LTV

UK nationals can access Spanish mortgages on the same terms as other non-residents. The process is well-established for UK buyers and is unaffected by Brexit. We work with lenders experienced in UK income documentation, including P60s, payslips, and self-assessment returns.

UAE Residents — 70% LTV

UAE-based buyers can access Spanish mortgages through our established lender network, including private banking relationships in Monaco, Switzerland, and Luxembourg. We handle the documentation requirements and lender introductions for buyers across Dubai & Abu Dhabi.

EU Residents — 70% LTV

EU-resident buyers benefit from straightforward documentation requirements and broad lender access across Spanish high-street and private banks. Income in euros simplifies the assessment process, and fixed-rate terms of up to 30 years are available.

USA Residents — 70% LTV

American buyers purchasing in Spain face additional compliance requirements due to FATCA obligations. We work with specialist lenders experienced in US buyer applications and can structure your documentation correctly from the outset to avoid delays.

Hong Kong Residents — 70% LTV

For buyers based in Hong Kong, Spanish mortgages are arranged through our international private banking network. These structures accommodate complex income profiles, multi-currency earnings, and high-value purchases above €1 million where standard Spanish lenders typically cannot assist.

Singapore Residents — 70% LTV

Singapore-based buyers are served through our private banking relationships, with financing structured around SGD-denominated income and assets. Bespoke arrangements are available for HNW clients purchasing villas, estates, or properties above €1 million in value.

TESTIMONIALS

What our clients say about us

★★★★★

“Worldwide Property Co. came recommended to me for our purchase in Spain- and the experience was first class. From the initial conversation with Dylan through to the completion he kept us updated and was always on hand to resolve our queries. The submission process was quick and easy, and the mortgage products clear and transparent. Would have no hesitation to highly recommend using them for your property search/finance.”

Simon M.

★★★★★

“I recommend Worldwide Property Co. highly and without reservation. They worked tirelessly on our behalf to deliver solutions for our project, and they well and truly made what seemed impossible, possible. They were available at any time of the day or night for phone calls, and were always very responsive on email. We will be using them again for future projects.”

Vanessa P.

★★★★★

“Buying property overseas comes with added risks and stress, especially without experience. The team at Worldwide Property Co. has that experience to support and guide you through the mine field. Transferring money, banking fees, searches, legal costs & providers, the list goes on. They are true professionals in their market.”

Antony H.

★★★★★

“Trustworthy, professional people that not only care about the clients, but also provide their clients with eagerly needed help when it comes to acquiring property, transfer the funding, getting all the paperwork in place.”

Tom C.

★★★★★

“How do you review a company that excels under pressure, works tirelessly and relentlessly, provides constant communication and connects you with all the right people! Five stars are simply not enough. I will absolutely reach out again for future projects.”

Sally R.

★★★★★

“If you’re looking for a holiday home overseas, then Worldwide Property Company is your best choice. They are extremely well connected and can offer a wide range of superior properties. But that’s just the start. They know how to get funding in even the most complex circumstances and work really hard for you to get the best results!”

Robert C.

Financing Options

Every type of Spanish mortgage, handled.

As specialist Spanish mortgage brokers, we arrange the full range of mortgage products for non-resident buyers — capital repayment, renovation financing, and specialist routes for high-value or complex purchases.

Each client is matched to the right product and lender for their individual situation, whether purchasing a holiday home, a primary residence, or an investment property in Spain.

Standard Spanish Financing
Capital Repayment	Refinancing
Holiday Home Mortgage	Self-Employed Mortgage
Non-Resident Mortgage	Post-Financing

Construction
New-Build & Off-Plan	Renovation Financing
Self-Build Mortgage
Specialist Financing (Private Banks)
100% Mortgages	Lombard Loans
Equity Release	Bridging Loans
Interest-Only	Buying through a Spanish company

Buying through a Spanish company depends on your circumstances. We recommend taking independent Spanish tax advice, and can discuss the options as part of your initial consultation.

Off-Plan & New Build

How off-plan financing works in Spain

Spain’s approach to off-plan financing differs from most European markets. Spanish banks will not lend against a property that is not yet built — the mortgage only becomes available once the property is complete and registered with the Land Registry.

This means off-plan buyers fund the construction period from their own resources, then draw down the mortgage on delivery. Planning the timing correctly is essential.

We work with buyers from the reservation stage to make sure the payment schedule and mortgage approval are aligned well before the completion date.

The Step-By-Step Process

Reserve

A reservation deposit secures your unit from the developer and takes it off the market while contracts are drafted.

Stage payments during build

You fund the construction period directly — typically around 30% of the purchase price paid in instalments to the developer from your own resources.

Mortgage approval ahead of completion

We arrange mortgage approval subject to valuation in advance of the handover date — so you are ready to draw down the moment the property is delivered.

Mortgage completes on delivery

On handover, the mortgage is drawn against the completed and registered property — covering up to 70% of its value. The final developer payment is settled at this point.

Off-Plan & New Build

How off-plan financing works in Spain

The Step-By-Step Process

Reserve

A reservation deposit secures your unit from the developer and takes it off the market while contracts are drafted.

Stage payments during build

You fund the construction period directly — typically around 30% of the purchase price paid in instalments to the developer from your own resources.

Mortgage approval ahead of completion

We arrange mortgage approval subject to valuation in advance of the handover date — so you are ready to draw down the moment the property is delivered.

Mortgage completes on delivery

On handover, the mortgage is drawn against the completed and registered property — covering up to 70% of its value. The final developer payment is settled at this point.

Private Banking Access

When a standard Spanish lender isn’t the right fit

Many buyers approaching us for a Spanish mortgage fall outside what standard Spanish lenders can accommodate. This includes purchasing above €1 million, holding wealth in assets rather than salary, self-employed with variable income, or being based in a market where Spanish banks have little direct experience. This is where our private banking network makes the difference, allowing us to arrange:

100% financing for qualifying HNW clients
Interest-only mortgages for investors and UHNW buyers
Lombard loans for buyers with significant assets under management
Refinancing an existing Spanish mortgage to better terms
Equity release on a Spanish property you already own
Purchasing through a Spanish company or holding structure

A lender network most brokers can’t access

Our private financing network spans Spanish private banks and international banking institutions in Monaco, Switzerland, and Luxembourg — built over 25 years, giving clients access to structures and terms unavailable through standard brokerage channels.

Monaco

Switzerland

Luxembourg

€1m+

Private bank financing for Spanish property is available from €1 million and typically delivers better terms, greater flexibility on income assessment, and more discretion than high-street lenders can offer.

See Private Bank Mortgages

DOCUMENTATION

What Spanish lenders will need from you

Spain’s lenders are specific about documentation — but the requirements are entirely predictable. We review and organise your full document pack before submission, presented in the format each lender expects. Nothing slows your application unnecessarily.

Valid Passport

Required for all applicants. Some lenders also request a national ID or driving licence as supplementary identification.

NIE Number

The Número de Identificación de Extranjero is Spain’s tax ID for foreign nationals and is required for all property purchases. We advise all clients on obtaining their NIE as part of the process.

Proof of Income

Three months of payslips for employed buyers, or two years of certified tax returns for the self-employed. Lenders assess total debt obligations against gross income — the benchmark is generally below 35%.

Bank Statements

Three to six months of personal statements. Lenders look for consistent income deposits and the absence of unexplained large outflows.

Tax Returns

Two years of personal tax returns — a P60 for UK residents, full self-assessment for the self-employed, or the local equivalent for your country of residence.

Nota Simple or Reservation Contract

The nota simple (Land Registry extract) or signed contrato de arras for the property, needed to commission the lender’s independent valuation.

Life Insurance

Most Spanish banks require life cover for the mortgage term. Some private lenders waive this requirement for clients with significant assets under management.

Asset Statement

A summary of savings, investments, pensions, and other financial holdings — particularly relevant for private bank applications and asset-based lending structures.

How we work

From start to finish.
We handle the complexity.

Tell us about your purchase

A first conversation — no forms, no obligation. We ask about your situation, your timeline, and the type of property you’re looking at in Spain. We’ll quickly establish what’s realistic and which lender type fits your profile.

We find the right lender

Every buyer is different and every lender has different criteria. We identify the most suitable lender from our network of Spanish banks and international private institutions and put your application in front of them.

We manage the application

We organise your full document pack, submit to the lender, and keep the process moving. The formal mortgage offer follows and we handle all communication throughout so nothing falls through the gaps.

Completion at the notary

The final step in a Spanish purchase is the notary appointment, where the mortgage and purchase deed are signed together. We make sure your NIE, Spanish bank account, and all lender conditions are resolved before you arrive.

Get Started

Ready to explore your Spanish mortgage options?

One conversation with our brokers will clarify what’s available to you, what it will cost, and how to structure it. No jargon, no obligation.

use mortgage calculator

FAQ

French Mortgage Questions Answered

Can non-residents get a mortgage in Spain?

Non-residents can get a Spanish mortgage of up to 70% LTV, with eligibility assessed on income, credit history, and a debt-to-income ratio below 35% of gross income. The right lender and structure depends on where you’re based — buyers from the UK, EU, United States, UAE, Hong Kong, and Singapore all access the market differently. We arrange mortgages for buyers across all of these profiles and can confirm your borrowing capacity with a mortgage in principle before you begin your search.

How much can I borrow in Spain as a non-resident?

Non-resident buyers can typically borrow up to 70% of the property’s purchase price or assessed value — whichever is lower. The remaining 30% comes from the buyer’s own funds. In addition, buyers should budget 10–12% for Spanish purchase taxes and transaction costs — ITP or VAT plus AJD, notary fees, and legal costs — which cannot be included in the mortgage. We provide all clients with a full cost breakdown before they commit to anything.

How does off-plan financing work in Spain?

In Spain, mortgage lending is only available once a property is complete and registered — lenders will not lend against a property under construction. Off-plan buyers fund the build period themselves, typically paying the developer around 30% of the purchase price in staged instalments.

The mortgage is then drawn down on completion, covering up to 70% of the completed value. We work with off-plan buyers from the reservation stage to plan the payment schedule and arrange mortgage approval subject to valuation well ahead of the completion date.

Are Spanish mortgage rates fixed or variable?

Spanish mortgages for non-residents typically combine a fixed introductory period — one, five, seven, or ten years are common — followed by a variable rate linked to the Euribor. The best structure depends on how long you plan to hold the property and your appetite for rate movement after the fixed period ends. We identify the most suitable rate structure for your situation as part of our lender selection process.

How long are Spanish mortgages?

Spanish mortgages for non-residents are available on terms of up to 30 years, subject to a lender age cap — most require the mortgage to be fully repaid by age 75. A buyer aged 50 could access up to 25 years, while a buyer aged 45 could access the full 30-year term. We confirm the maximum term available for your profile at the start of the process and factor this into our lender selection.

Which UK banks offer Spanish mortgages?

UK high-street banks — including Barclays, HSBC, NatWest, and Lloyds — do not generally offer mortgages for Spanish property purchases. Spanish mortgages for UK buyers are arranged through Spanish banks or international private banking institutions. As specialist Spanish mortgage brokers, we give UK buyers access to our full lender network — finding the most competitive terms across Spanish banks and private institutions rather than being limited to a single provider.

What deposit do I need for a Spanish mortgage?

Non-resident buyers need a minimum 30% deposit. In addition, buyers should budget a further 10–12% of the purchase price for Spanish taxes and transaction costs — ITP (6–10% depending on the region) or VAT plus AJD on new builds, plus notary and legal fees. These costs cannot be mortgaged and must be funded separately. We provide all clients with a full purchase cost breakdown before they begin the application process.

Can UK residents get a mortgage in Spain after Brexit?

Yes. UK nationals remain fully eligible for Spanish mortgages as non-residents, with up to 70% LTV available. Brexit has not changed lender eligibility criteria for UK buyers — what matters is your income, credit history, and documentation. We work with UK buyers regularly and are well-versed in the documentation requirements for UK income and tax profiles, including P60s and self-assessment returns.

Do I need a Spanish bank account to buy property in Spain?

Yes. Spanish mortgage lenders require a Spanish bank account to collect repayments by direct debit, and the same account handles property taxes, notary costs, and utility payments. We advise all clients on opening a Spanish bank account as part of the purchase process, including which banks are most straightforward for non-residents.

What documents are needed for a Spanish mortgage?

Spanish lenders require a valid passport, NIE number, proof of income (payslips or two years of tax returns for the self-employed), three to six months of bank statements, a credit history check, an asset statement, life insurance, and the signed reservation contract or nota simple for the property. We organise and review the full documentation pack before it is submitted to the lender — ensuring everything is in the right format from the outset.

What taxes apply when buying property in Spain?

Resale properties attract ITP (Impuesto de Transmisiones Patrimoniales) — typically 6–10% depending on the region. New builds attract 10% VAT plus AJD at 0.5–1.5%. Ongoing costs include IBI annually and, for non-resident owners, a non-resident income tax levy on the property even when not rented. We provide all clients with a full tax and cost overview specific to their purchase before they commit to anything.

Can I buy Spanish property through a company?

It is possible to purchase Spanish property through a corporate structure, and for some buyers this can make sense. The implications vary depending on your country of tax residency, the structure used, and your plans for the property. We can discuss whether this is appropriate for your situation as part of an initial consultation and always recommend taking independent Spanish tax advice before proceeding.

Is there an age limit for a Spanish mortgage?

Yes. Most lenders require the mortgage to be fully repaid by age 70 to 75, depending on the institution. This affects the maximum term available — a buyer aged 55 with a lender that caps at 70 would be limited to a 15-year term, for example. Some private banking lenders apply more flexible age criteria for HNW clients. We confirm the term and age parameters available for your specific profile at the outset and factor this into our lender selection.

Guides for Buying Property in Spain

How To Buy Property in Spain

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Spanish Wealth Tax 2024

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Forex Services: How To Save Money on Overseas Property

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Speak to a Spanish Mortgage Broker

Speak to a Spanish Mortgage Broker

Finance your Spanish property with confidence

Speak to a French Mortgage Broker

Why international buyers choose us for Spain

Spanish mortgage interest rates for non-residents

Your rate depends on more than just LTV. Let’s work it out together.

Speak to a French Mortgage Broker

Move fast. Get approved in 48h.

Move fast. Get approved in 48h.

Mortgage approval subject to valuation.

Mortgage in Principle

How much can you borrow in Spain?

UK Residents – 70% LTV

UAE Residents — 70% LTV

EU Residents — 70% LTV

USA Residents — 70% LTV

Hong Kong Residents — 70% LTV

Singapore Residents — 70% LTV

What our clients say about us

Every type of Spanish mortgage, handled.

Enquire about a French Mortgage

How off-plan financing works in Spain

Enquire About Off-Plan Financing in Spain

The Step-By-Step Process

Reserve

Stage payments during build

Mortgage approval ahead of completion

Mortgage completes on delivery

How off-plan financing works in Spain

The Step-By-Step Process

Reserve

Stage payments during build

Mortgage approval ahead of completion

Mortgage completes on delivery

Enquire About Off-Plan Financing in Spain

When a standard Spanish lender isn’t the right fit

Enquire About Private Financing

A lender network most brokers can’t access

What Spanish lenders will need from you

Valid Passport

NIE Number

Proof of Income

Bank Statements

Tax Returns

Nota Simple or Reservation Contract

Life Insurance

Asset Statement

From start to finish. We handle the complexity.

Tell us about your purchase

We find the right lender

We manage the application

Completion at the notary

Ready to explore your Spanish mortgage options?

Speak to a Spanish Mortgage Broker

French Mortgage Questions Answered

Can non-residents get a mortgage in Spain?

How much can I borrow in Spain as a non-resident?

How does off-plan financing work in Spain?

Are Spanish mortgage rates fixed or variable?

How long are Spanish mortgages?

Which UK banks offer Spanish mortgages?

What deposit do I need for a Spanish mortgage?

Can UK residents get a mortgage in Spain after Brexit?

Do I need a Spanish bank account to buy property in Spain?

What documents are needed for a Spanish mortgage?

What taxes apply when buying property in Spain?

Can I buy Spanish property through a company?

Is there an age limit for a Spanish mortgage?

Guides for Buying Property in Spain

How To Buy Property in Spain

Spanish Wealth Tax 2024

Forex Services: How To Save Money on Overseas Property

Your rate depends on more than just LTV.
Let’s work it out together.

Move fast.
Get approved in 48h.

From start to finish.
We handle the complexity.