Mortgages in Spain are available to non-residents in the same way as to residents of the country. However, every year the conditions for obtaining a mortgage in Spain are becoming more and more stringent not only due to legislative changes, but also to the policies of banks. In this regard, it is important not only to correctly prepare documents for loan approval, but also to establish communication with the bank that provides it.
Alegria Service specialists will help you with obtaining a mortgage in Spain: they will select a bank, carefully analyze the package of documents, submit a request for a mortgage loan, as well as subsequent communication with representatives of the banking institution until the mortgage is approved. Payment for the service is made upon receipt of a positive decision from the bank.
Mortgages in Spain for residents and non-residents are possible in case of purchasing a new building, secondary housing or bank real estate. Getting a mortgage for primary or expensive real estate is easier than in other cases. A loan can be issued to several people, even if they are not relatives.
Mortgage conditions in Spain in 2025
- Coverage up to 70% of the estimated value.
- Term from 5 to 25 years.
- Interest rate 3.5 – 4%.
Requirements for mortgages in Spain for non-residents
- Confirm financial security.
- The monthly payment must be a maximum of 35-40% of the net income of all mortgage holders.
- The borrower’s age at the end of the loan term can reach up to 65 years.
How we provide mortgage services in Spain to non-residents
- We help you choose a bank, open an account and pay the down payment;
- We advise you on what certificates you need to obtain to confirm your financial security;
- We carry out a preliminary assessment for applying for a mortgage in Spain;
- we translate documents into Spanish, legalize them and transfer them to the bank;
- We communicate with the bank, control the payment of all fees and taxes on the purchase;
- We accompany you to sign the purchase and sale agreement and the mortgage agreement at the notary.
Our specialists check your documents in advance and assess your chances of getting a mortgage in Spain. You can get approval while in your own country. In any case, we prepare a package of documents in such a way as to increase these chances.
