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Spain Property Mortgages Guide for International Buyers & Investors


Securing a mortgage in Spain is a critical step for international buyers and investors looking to purchase a property. Understanding the lending landscape, interest rates, and eligibility requirements can help you make informed decisions and secure the right financing.

Spain offers mortgages for both residential and commercial properties. Most banks provide options to non-residents, but requirements vary depending on income, savings, and property value. Typical mortgage terms range from 20 to 30 years, with rates influenced by the European Central Bank and individual lender policies.

For guidance on finding the best mortgage for your needs, consult our Spain property guides. It’s recommended to compare multiple lenders and consider using a mortgage broker familiar with the Spanish market.



Non-resident buyers can secure mortgages in Spain, though deposit requirements are usually higher, often 30–40% of the property price. Resident buyers typically need 20–30% down. Spanish banks also assess monthly income, credit history, and existing debt to determine eligibility.

Mortgage types include fixed-rate, variable-rate, and mixed-rate options. Fixed-rate mortgages provide stable monthly payments, while variable-rate mortgages fluctuate with market conditions. Mixed-rate mortgages offer an initial fixed period before transitioning to a variable rate.

When evaluating mortgages, consider additional costs such as property taxes, notary fees, and insurance. For more details on insurance options, visit our Insurance page.


For international buyers, planning for currency transfers is essential if funds are held abroad. Exchange rate fluctuations can affect the total cost of your purchase. Professional transfer services and currency forward contracts can protect against market volatility. See our Currency guide for strategies.

Legal advice is crucial when arranging a mortgage. A Spanish lawyer can review contracts, ensure compliance with local law, and guide you through property registration. For details, check our Legal Process guide.



Banks in Spain often require proof of income, tax returns, and bank statements. International buyers may also need a passport, NIE number, and Spanish bank account. Preparing all documents in advance streamlines the application process.

Popular mortgage providers include: These banks offer competitive rates for both residents and international buyers. Consider using an independent mortgage broker to compare offers and secure the best terms.

Our Spain Property Forum is a useful resource for sharing experiences and learning from other investors.


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