Spain mortgage guide
Non-Resident Mortgage in Spain (2026 Guide)
Non-residents can get a mortgage in Spain. Indicative LTV is typically 60–70% (versus up to 80% for residents), 2026 fixed rates sit around 3.5–4.5%, and you'll need a Spanish NIE number, a Spanish bank account, translated income documentation and a 30–40% cash deposit plus 10–15% taxes and fees. This guide covers eligibility, LTV bands, rates and the documents Spanish lenders expect from non-resident foreign buyers.
Indicative LTV bands
Non-residents are typically positioned around 60–70% LTV, depending on lender, profile and property type. Some specialist lenders go higher for strong-income EU profiles; others cap at 60% for non-EU or complex files.
Income evidence
Lenders need stable, verifiable income — often translated and apostilled. Self-employed and company owners may need 2–3 years of extended financial history plus company accounts.
Why broker fit matters
Non-resident files are more nuanced. Brokers experienced with your nationality and employment type can navigate documentation and lender selection more efficiently — and often improve indicative LTV outcomes.
Frequently asked questions
Can a non-resident get a mortgage in Spain?
Yes. Non-resident mortgages are a core product for most major Spanish banks (Santander, BBVA, Sabadell, CaixaBank, Bankinter) and many specialist lenders. Indicative LTV is typically 60–70%.
Is the rate higher for non-residents?
Typically yes — non-resident pricing is usually 0.25–0.75 percentage points above resident pricing. Specific terms vary by lender and profile.
Can I refinance later?
Refinancing is possible but subject to lender assessment at the time of application. Many non-residents refinance after gaining Spanish residency to access better LTV.
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