Mortgages

We can assist you if you require a Spanish mortgage. 

We work alongside many banks and can help you to find the best mortgage offer that will suit your requirements.

For non-residents, the Spanish banks will typically lend up to 60% or a maximum of 70% of the valuation of the property (this is based on a valuation carried out by the bank and not the purchase price). 

The fees will be the same as the normal fees for purchasing a property (link here) and also in addition to these there will be the commission for the bank (typically 1 – 1.5%) and the Notary Fees and Registry Fees for the mortgage document.

So, in total the legal fees when purchasing a property with a mortgage will be in the region of 10% on top of the purchase price.

The banks will lend according to your income and economic situation.  We will assist in telling you exactly which documents you will need to provide and can act as a liaison between you and the bank.

Interest rates on Euros mortgages are based on the EURIBOR.