Financing a Spanish home, without the surprises.
Buying on the Costa del Sol and need a mortgage? Whether you’re resident or non-resident, the rules, the deposit and the costs are not what you’re used to at home. We work with vetted mortgage broker partners to find you the right lender — and keep the finance moving in step with your purchase.
A mortgage is a long conversation with a bank in a language of its own. Better to have someone in the room who speaks it fluently.
How Spanish mortgages work for buyers like you
Four things worth knowing before you fall for a terrace with a sea view. None of these are promises — every decision ultimately rests with the lender.
Non-residents borrow less
As a rough guide, Spanish banks tend to lend non-residents around 60–70% of the valuation, versus up to about 80% for residents — meaning a larger deposit. It’s only a guide: the exact figure depends on the bank, the property and your profile.
Lenders assess affordability
Approval hinges on income and outgoings, not just the deposit. Banks look at your net income, existing debts and stability of earnings, and typically want your total borrowing commitments to sit within a comfortable share of it. Pensions, salary and self-employed income are all weighed differently.
The valuation (tasación) drives the loan
The bank lends against an official valuation, not the price you agreed. If the tasación comes in below the sale price, the loan shrinks and you cover the gap — one of the most common surprises for buyers, so it’s worth knowing early.
Budget for the costs on top
Beyond the deposit there’s the valuation fee, notary and land-registry fees, mortgage arrangement charges and purchase taxes. A sensible rule of thumb is to keep a buffer for these — we help you map the real all-in figure before you commit.
The figures above are general guides only and vary by bank, property and profile — we confirm the real numbers for your case before you commit to anything.
Mortgages are arranged with independent mortgage broker partners who negotiate with Spanish and international lenders daily. We handle the legal side of your purchase and dovetail it with the finance — so your conveyancing and your Spanish bank account are ready when the mortgage is. One joined-up move, not four separate battles.
The questions buyers ask first
Can a non-resident get a mortgage in Spain?
Yes. Spanish banks do lend to non-residents, though usually at a lower loan-to-value — as a general guide around 60–70% of the valuation, against up to roughly 80% for residents. That’s a guide only: the real figure depends on the bank, the property and your financial profile. Our broker partners compare lenders to find the ones that treat your situation favourably.
How much deposit will I need?
Plan for more than a resident would. If a bank lends 60–70% of the valuation, you’re funding the remaining 30–40% as a deposit, plus the purchase costs (taxes, notary, registry and fees) on top of that. We help you build the true all-in number so there are no gaps at completion — but none of it is a promise of approval, which always rests with the lender.
What do lenders look at when deciding?
Chiefly affordability: your income, your existing debts and how stable your earnings are. They also value the property through an official tasación and lend against that figure rather than the agreed price. Nobody can guarantee a decision in advance, but a broker who knows each bank’s appetite can steer you to the lenders most likely to say yes.
Who actually arranges the mortgage?
We work with independent mortgage broker partners who deal with Spanish and international lenders every day. We coordinate the legal side of your purchase and introduce you to a broker who sources and negotiates the mortgage — so the finance and the conveyancing move in step rather than tripping over each other.
Reviewed by a lawyer
Reviewed by Alberto García López
Immigration lawyer · ICA Málaga, reg. no. 11.441
We check every page against current Spanish law. This is general information, not advice on your individual case.
Globalium is an independent law firm, not a government agency, and is not affiliated with or endorsed by any public administration. Visas, permits and identification numbers are granted solely by the Spanish authorities, and you are free to apply to them directly yourself. Our fees pay for legal advice and representation, and are separate from any official fee or tax.
Tell us the plan. We'll line up the lender.
A straight read on what you can realistically borrow, the deposit you’ll need and the costs on top — before you put down a euro. We can’t promise a bank’s decision, but we can make sure you walk in prepared.