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Mortgage in Spain for International Buyers: 2026 Guide
Thinking about buying a property in Spain but need a mortgage to make it happen? International buyers can obtain a Spanish mortgage, even if they live and earn their income outside Spain. The amount you can borrow, however, usually depends on your residency status, income, existing debts and the value of the property.
Dream Properties International can introduce you to an experienced independent mortgage adviser who works with international buyers and Spanish banks.
Would you like to find out straight away what options are available to you? Feel free to get in touch for a no-obligation chat and receive personalised advice from an English-speaking mortgage expert in Spain. Alternatively, use our free mortgage calculator to work out your potential monthly payments in one go.
What you need to know about a mortgage in Spain:
✔ Non-resident financing: up to approximately 70% of the lower of purchase price or valuation
✔ Typical term: around 20–25 years for non-residents, depending on lender and age
✔ Repayment: usually monthly capital-and-interest repayments
✔ Documents: passport, proof of income, tax returns, bank statements and home-country credit report
✔ Affordability: total monthly debts are commonly limited to approximately 35% of net regular income, although lender criteria differ
✔ Cash required: the deposit plus purchase taxes and expenses, often meaning a non-resident needs roughly 40–45% of the property price available in cash
Can international buyers get a mortgage in Spain?
When taking out a mortgage for a home in Spain, you have to take into account a number of preconditions. For example, the maximum maturity for a mortgage is 75 years, the maximum term is 25 years and you repay the mortgage by means of an annuity mortgage. The specialist can of course tell you everything about the mortgage and the conditions.
Dream Properties International works together with independent mortgage advisors in Spain that can speak your language. They have over 20 years of experience in the field of mortgage advice and are in direct contact with the major national and international banks. This mortgage advisor can fully inform you about the financing and mortgage of your house in Spain and offers plenty of personal guidance during the further process. Even after closing the mortgage. In addition to extensive information about financing, the specialist will also look for the best conditions for you in the case of renovation and new construction.
Curious about your financing options? Contact us and we will be happy to help you!
Required documents for a mortgage in Spain
Before you start applying for your mortgage, it is wise to collect the necessary documents. This way the advisor can quickly start to determine the amount of the mortgage for your house in Spain. But which important documents are part of the mortgage file?
When you work in paid employment:
- Pay slips for the past three months
- Most recent tax return
- Extract from BKR (NL) or extract from the Central Individual Credit Register (Belgium)
- Bank mortgage statement for your own home
- All account statements from the past six months
When you work as a self-employed person:
- Two most recent annual accounts
- Two most recent tax returns
- Extract from BKR (NL) or extract from the Central Individual Credit Register (Belgium)
- Bank mortgage statement for your own home
- Bank statements for the past three months
- In case of rental income, all rental contracts
Duration of mortgage application
On average, it takes four weeks to apply for a mortgage for your home in Spain. This also depends on how quickly you complete the necessary documents for your mortgage.
Therefore, make sure that you already have this complete when you apply for financing. From that point on, the advisor can give you a clear indication of the duration of the process.
Contribution of own resources
To give yourself some clarity as to whether the house in Spain that you want to buy is affordable, we recommend that you also take your own contribution into account.
When buying a house in Spain, as a non-resident it is possible to finance up to 70% of the sales price (or appraisal value, which is often lower). You will have to contribute the other 30% of the sales price yourself. In addition, there are the buyer’s costs, which are on average 15% of the selling price. However, this is a global explanation.
For more information and a suitable calculation example, talk to the mortgage advisor. Interested? Let us know and we will put you in touch with them.
A calculation example
With a purchase price of €200,000, at least €84,000 of your own resources (42%), to be contributed by yourself. This includes the buyer’s costs.
Below is a calculation example:
- Purchase price (existing home) €200,000
- Estimated copper cost 12% €24,000
- Total costs €224,000
- Mortgage 70% €140,000
- Own resources to be contributed €84,000
Maximum financing for Rustica Fincas
There are also regular requests for a mortgage for a Finca Rustica in Spain. Not all banks are willing to finance this, but some are.
In any case, keep in mind that the maximum amount of the mortgage is then 60% of the sales price, or the appraisal value, which is often much lower here.
Contact us
Buying a house in Spain should be a fun and carefree process. At Dream Properties International we work very hard to make sure your purchase goes smoothly. And that you can enjoy your dream home in Spain now and in the future.
We introduce you to the best partners we work with and together we help you during the entire purchase process (see also our services we can offer you). We guide you through every step of the process and hope you find the information on buying a house in Spain on our website useful!
If you have any questions about buying a home, would like more specific information on matters such as legal and tax matters or if you need advice on a step in the buying process, please contact us now by filling in the form.
We are here to help you!
Mortgage advice in Spain
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