28/02/2026
How to Get a Mortgage in Spain as a Non-Resident (2026)
Buying property in Spain as a non-resident is not only possible — it is common. Every year, thousands of international buyers finance homes in areas such as the Costa del Sol, Madrid, Barcelona, and the Balearic Islands.
However, the process is different from what many foreign buyers expect. Spanish banks follow their own risk criteria, documentation standards, and lending limits. Understanding how the system works before signing a reservation contract can save time, money, and stress.
Can Non-Residents Get a Mortgage in Spain?
Yes.
Spanish banks lend to non-residents regularly. The key difference is the level of financing and the depth of financial analysis.
In general, non-residents can expect:
• 50% to 75% financing (Loan-to-Value)
• A maximum repayment period of 20–25-30 years
• Stricter documentation requirements than residents
This means buyers should be prepared to contribute approximately 25–50% of the purchase price, plus acquisition costs (taxes, notary, registry, and legal fees), which typically add another 10–13%.
In practical terms, most non-resident buyers need around 40–55% of the property price in available funds.
